Category Archives: Church Finances

Everything about how the church spends its money.

General Authority houses

This post was originally posted to Reddit.  The work is not mine, but the relevance of the information made me want to repost. Known residences for the First Presidency and Quorum of the Twelve apostles. First Presidency Monson – Does … Continue reading

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Definition of a “Modest Living Allowance”

What I think of whenever a church leader says that the top dogs are “paid very little”: http://www.dilbert.com/fast/2013-07-03/

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Senior missionaries called to care for for-profit business: The Elk Ranch

Tending the Flock (Deseret News. July 10, 2000). Is the Church Sacrificing Principle for Profit With Hunting Preserves? (Mormon Matters. September 24, 2009). “And surely, blood shall not be shed, only for meat, to save your lives; and the blood of every … Continue reading

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LDS Church in New Zealand spends ≈ 50% of tithing on salaries

Link to tax returns here[1]. Comparing the overall donations to salaries, I get the following: 2009 – 111.74% (Church run school being funded, school is shut down) 2010 – 52.81% 2011 – 50.71% 2012 – 41.06% The slowly declining ratio … Continue reading

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Tithing settlement: A new meaning

“…the priority of the Church was evidenced in their quick settlement of the matter rather than the releasing of that financial information.” Legal case against the church and the outcome: official legal brief.

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Beneficial Life: The bailout members don’t know about, but should (the 600 million dollar scandal)

This is Beneficial Life[1]. They make money by selling insurance[2] and then investing the money while waiting to pay out for policies, like most insurance companies. The company is run by the board of directors, who happen to be the prophets and apostles[3]. In … Continue reading

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Quotes from General Authorities throughout time, that show the church is in apostasy

“Suppose your youth receive their impressions of church history from “pictures and stories,” and build their faith upon these alleged miracles [and] shall someday come face to face with the fact that their belief rests on falsehoods, what then will … Continue reading

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