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Here is one statement that the Church of Jesus Christ put out about their finances, which addresses several of the complaints/questions posited here: https://n

Here is one statement that the Church of Jesus Christ put out about their finances, which addresses several of the complaints/questions posited here: https://newsroom.churchofjesuschrist.org/article/church-finances-and-a-growing-global-church#questions https://newsroom.churchofjesuschrist.org/article/church-fina... I don’t see any incongruity with a church that teaches its members to save to likewise have a large savings fund. It’s not like they’re just hoarding money: the Church actively donates billions of dollars to world-wide humanitarian projects. For a religion that believes in the second coming of Jesus Christ and a worldwide crisis preceding that, it only makes sense for them to save so that they can continue to aid people of and not of their faith during that time.

nabla9 7y ago
> the Church actively donates billions of dollars to world-wide humanitarian projects. This is not true. Just tens of millions annually. Laughably small sum compared to $7 billion annually in tithes (in 2012). Insight: Mormon church made wealthy by donations https://www.reuters.com/article/us-usa-politics-mormons/insight-mormon-church-made-wealthy-by-donations-idUSBRE87B05W20120812 https://www.reuters.com/article/us-usa-politics-mormons/insi... How the Mormons Make Money- How the Mormon Church Makes Its Billions https://www.bloomberg.com/news/articles/2012-07-18/how-the-mormons-make-money https://www.bloomberg.com/news/articles/2012-07-18/how-the-m... >According to an official church Welfare Services fact sheet, the church gave $1.3 billion in humanitarian aid in more than 178 countries and territories during the 25 years between 1985 and 2010. A fact sheet from the previous year indicates that less than one-third of the sum was monetary assistance, while the rest was in the form of “material assistance.” All in all, if one were to evenly distribute that $1.3 billion over a quarter-century, it would mean that the church gave $52 million annually. A study co-written by Cragun and recently published in Free Inquiry estimates that the Mormon Church donates only about 0.7 percent of its annual income to charity; the United Methodist Church gives about 29 percent. They even use volunteer work for for-profit enterprises.
- henrikschroder 7y ago
  Yeah, but you see, building that temple in Rome was just so much more important than actual charity work... I like how the Mormon church one-upped the Catholic church in this. The Catholic church sold indulgences, one-time absolutions for sin to fund their projects, but the Mormon church transformed it into a subscription service, for the low low fee of 10% of all your income forever.

nabla9 7y ago

> the Church actively donates billions of dollars to world-wide humanitarian projects. This is not true. Just tens of millions annually. Laughably small sum compared to $7 billion annually in tithes (in 2012). Insight: Mormon church made wealthy by donations https://www.reuters.com/article/us-usa-politics-mormons/insight-mormon-church-made-wealthy-by-donations-idUSBRE87B05W20120812 https://www.reuters.com/article/us-usa-politics-mormons/insi... How the Mormons Make Money- How the Mormon Church Makes Its Billions https://www.bloomberg.com/news/articles/2012-07-18/how-the-mormons-make-money https://www.bloomberg.com/news/articles/2012-07-18/how-the-m... >According to an official church Welfare Services fact sheet, the church gave $1.3 billion in humanitarian aid in more than 178 countries and territories during the 25 years between 1985 and 2010. A fact sheet from the previous year indicates that less than one-third of the sum was monetary assistance, while the rest was in the form of “material assistance.” All in all, if one were to evenly distribute that $1.3 billion over a quarter-century, it would mean that the church gave $52 million annually. A study co-written by Cragun and recently published in Free Inquiry estimates that the Mormon Church donates only about 0.7 percent of its annual income to charity; the United Methodist Church gives about 29 percent. They even use volunteer work for for-profit enterprises.

henrikschroder 7y ago
Yeah, but you see, building that temple in Rome was just so much more important than actual charity work... I like how the Mormon church one-upped the Catholic church in this. The Catholic church sold indulgences, one-time absolutions for sin to fund their projects, but the Mormon church transformed it into a subscription service, for the low low fee of 10% of all your income forever.