The show 60 Minutes broadcast a segment about the Mormon Billions. Sharyn Alfonsi follows up with whistleblower David Nielsen who resigned from his position at Ensign Peak Advisors and wrote the whistleblower report in 2019. Since then, the Mormon church has been fined 5 million dollars by the SEC for illegal filing practices, but Nielsen …
Tag Archives: tithing
(Page 4)Why the Mormon Church Hid Billions of Dollars of Investments?
The Mormon church was recently charged with fraud and reached a settlement with the SEC agreeing to pay five million dollars. Their chief infraction was failing to properly file and misstating in filings they did submit about the church investments with the church-owned investment company Ensign Peak Advisors. The fraud reached all the way to …
Continue reading “Why the Mormon Church Hid Billions of Dollars of Investments?”
Mixing Tithing Funds and Investments Maybe Legal But Doesn’t Mean Its Right
James Huntsman filed a lawsuit in 2021 against the church claiming that he was duped into believing that his tithing contributions were going to charitable work, while in fact, they are used to pad the coffers of the church investment accounts. He filed the fraud complaint against the church and states that “this is not …
Continue reading “Mixing Tithing Funds and Investments Maybe Legal But Doesn’t Mean Its Right”
Church Finances: Follow the Prophet, He has the Money
Hinckley made it clear that the church doesn’t share financial statements because the information belongs to those who made the contribution. Since 1959, Church finances have not been disclosed to the public, and we can see that church leaders have actively tried to hide finances from the public. Even so, there are disclosures that can …
Continue reading “Church Finances: Follow the Prophet, He has the Money”
Stop Paying Tithing and Challenge the Tax Exemption Status of the Mormon Church
Tax time in the US and as people are leaving the church, they are receiving real blessings. In many countries, donating money to a charitable organization is tax deductible, meaning this decreases your taxable income. This is a perk to tithing for some people, it can save you some money on your taxes, though not …
Continue reading “Stop Paying Tithing and Challenge the Tax Exemption Status of the Mormon Church”
Russell Nelson to receive the Gandhi-King-Mandela Peace Prize
Mormon Church President, Russell M Nelson is being honored by the Martin Luther King Jr International Chapel on Morehouse College Campus in Atlanta, Georgia. He is to receive a new award, the first recipient, which is to be called the Gandhi-King-Mandela Peace Prize. This is in coordination with the Gandhi-King-Ikeda Institute at the chapel. What …
Continue reading “Russell Nelson to receive the Gandhi-King-Mandela Peace Prize”
Elder M Russell Ballard’s Colorful History With the SEC
Before M Russell Ballard was an apostle, he is praised as a successful businessman. He was involved in various business pursuits in Utah. He was the top-selling salesman for his father’s Nash car dealership, which he left and in the late 1950s put his efforts into being the first Edsel car dealer in Salt Lake City. Sadly, …
Continue reading “Elder M Russell Ballard’s Colorful History With the SEC”
Dallin Oaks Lectures Senate Committee regarding Honesty
Elder Dallin H. Oaks, previous Justice of the State of Utah Supreme Court, but currently in the First Presidency of the Mormon church, submitted a “testimony” to the Senate Finance Committee Hearing in 2011 regarding the debate on whether charitable deductions should be considered when calculating taxes. In other words, he’s talking about the tax-exempt …
Continue reading “Dallin Oaks Lectures Senate Committee regarding Honesty”
What does TSCC mean when referring to the Mormon church? TBM? PIMO? MFMC?
There are many many acronyms in the nomenclature of the Mormon church. The Church of Jesus Christ of Latter-day Saints has come up with many nicknames for parts of the organization or even doctrines, most of which are acronyms. Some of these are “official” acronyms while others have simply developed naturally over time. It should …
Continue reading “What does TSCC mean when referring to the Mormon church? TBM? PIMO? MFMC?”
Heidi Was a Mormon, an Ex-Mormon Profile Spotlight
Heidi was a faithful member who enjoyed studying church history. Recently, the “new” church history became disturbing and sounded more like a cult. Through her spouse leaving the church she struggled with the fear-based messages of church leaders and digging in to understand when they are speaking as prophets vs as men, realizing that they …
Continue reading “Heidi Was a Mormon, an Ex-Mormon Profile Spotlight”
Development of Mormon Tithing – From Meager Origins to Ensign Peak Billions
Members of the Mormon church are required to pay the church a tithe. This tithing is understood to be ten percent of the member’s income. This is the same for children who earn $5 for mowing the lawn to wealthy lawyers and doctors in the church. The church makes much of the sacrifice and blessings …
Continue reading “Development of Mormon Tithing – From Meager Origins to Ensign Peak Billions”
Whistleblowing On the Mormon 100 Billion “Rainy-Day Fund”
David Nielsen, a former Ensign Peak portfolio manager, shared with his twin brother Lars about the shady practices and massive amounts of money the Mormon church, or the Church of Jesus Christ of Latter-day Saints have in investments. Together the brothers compiled information and reported it to the authorities at the SEC (Securities Exchange Commission) …
Continue reading “Whistleblowing On the Mormon 100 Billion “Rainy-Day Fund””
LDS Church’s Misstated Filings to SEC Approved by First Presidency
For the past week, the church has been all over the news. Not for something they will want to draw publicity. The U.S. Securities and Exchange Commission announced that the Church has been fined $5 Million for using shell companies to obscure the size of its investment portfolio. On February 21st, the SEC issued a …
Continue reading “LDS Church’s Misstated Filings to SEC Approved by First Presidency”
No Surprise that Every Ex-Mormon is Still a Missionary
The Mormon church likes to point the finger and demonize those who leave, complaining with the clever phrase that they can leave the church, but they can’t leave the church alone. They want us to leave quietly. This site refutes this demonization and serves as a platform to loudly share your story. We shouldn’t leave …
Continue reading “No Surprise that Every Ex-Mormon is Still a Missionary”
Personal Mormon Faith Crisis Report – Faith Crisis Profiles
This faith crisis report next lists many anonymous faith crisis profiles each detailing the exit story of the member (along with precious statistics and demographics the church cares deeply about such as household income). Not to be confused with the actual faith crisis profiles shared on wasmormon.org.
Personal Mormon Faith Crisis Report – Faith Crisis Stages
The report defines the stages of such a faith crisis from a true believing member, through a catalyst and traumatization, and then either through a traumatized disbeliever and ex-mormon or a nuanced believer and then secular participant.
Personal Mormon Faith Crisis Report – Research Summary
This report studies a faith crisis in detail along with an actual research survey of members who have left the church due to faith crisis and these respondents’ demographics such as age, gender, education level, household income, and church callings held as well as the primary reasons why the member left.
Aaron Was a Mormon, an Ex-Mormon Profile Spotlight
Aaron faithfully dug in deep to explain away the anti-mormon lies he was exposed to. The more he studied, the more problems he found until he realized the anti-mormons were the ones being honest and sharing the true history with evidence, not the church to which he’d dedicated his whole life to. This sent him …
Continue reading “Aaron Was a Mormon, an Ex-Mormon Profile Spotlight”
John Was a Mormon, an Exmormon Profile Spotlight
John found the repeated lack of integrity in how the church uses an ellipsis troubling. Adding to his already shelved issues there wasn’t much that could help in the gospel topic essays. It doesn’t take anti-mormon literature to decipher the mormon illusion, many brave souls arrive via official church material. Even quotes from favorite church …
Continue reading “John Was a Mormon, an Exmormon Profile Spotlight”
Francis Was a Mormon, an Exmormon Profile Spotlight
The mormon church has hidden the truth and misrepresented church leaders like Joseph Smith while also pressuring members to promise allegiances to the church in the temple. Francis saw leaving the church as a repentant course correction towards a more authentic life! “Throughout the half century of my church membership, officers of the Corporation of …
Continue reading “Francis Was a Mormon, an Exmormon Profile Spotlight”
BYU honor code dress and grooming standards – Mormon Facial Hair
The church is famous for strongly pressuring members to follow a dress and grooming standards and whenever possible requiring it. They suggest that members follow the grooming standards but require every volunteer missionary who are paying their own way (or at least their parents are in many cases), every volunteer temple worker, and every student …
Continue reading “BYU honor code dress and grooming standards – Mormon Facial Hair”
A Carrot on a Stick, Are Religions a Con
Do religions take advantage of the innate human desire to matter, to have purpose and to exist beyond death? Was this nefarious? As all religions are different, it may not be a blanket statement that could be made. It does stand though that we must take the word of leaders who tell us how to …
That information belongs to those who made the Contribution
In an interview President Gordon B Hinckley explains that the reason the church is not open about their finances is because they think “that information belongs to those who made the contribution”. REPORTER: In my country, the…we say the people’s churches, the protestants, the catholics, they publish all their budgets, to all the public. HINCKLEY: …
Continue reading “That information belongs to those who made the Contribution”
Gordon B. Hinckley Interview Transcript– ZDF German Television
Salt Lake City, Utah January 29, 2002 Conducted by Helmut Nemetschek at 47 East South Temple, Prior To And In Preparation For, The “Mormon Winter Olympics” TRANSCRIPT REPORTER: President Hinckley, what are your expectations, your desires, your wishes, for the Olympic Games here in Salt Lake City? HINCKLEY: Well, I expect great things in the …
Continue reading “Gordon B. Hinckley Interview Transcript– ZDF German Television”
The Tithing … Ellipsis
Punctuation Lesson An ellipsis (…) is used to omit unnecessary detail from a quote. It usually indicates an intentional omission of a word, sentence, or whole section from a text without altering its original meaning. (It also functions to indicate that the speaker has trailed off and left a sentence or thought unfinished. Like here… …