this post was submitted on 03 Nov 2023
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Mormon - All About Mormonism

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[–] [email protected] 7 points 9 months ago* (last edited 9 months ago)

Don't forget the $1B of tax free money from the Canadian branch of the church that has flowed directly to BYU.

[–] [email protected] 5 points 9 months ago

Good. They should be taxed and sued out of existence.

[–] [email protected] 3 points 9 months ago (1 children)

The church’s corporate arm, the Corporation of the President of the Church of Jesus Christ of Latter-day Saints, solicits donations for humanitarian relief with promises that all donations are used to help those in need. But those promises are untrue, the latest lawsuit argues. The money instead has gone to Ensign Peak Advisors, a nonprofit created in 1997 that has grown to over $100 billion in value, the lawsuit alleges. Ensign Peak has spent funds only twice in its 26-year history, according to both lawsuits. In 2009, Ensign Peak spent $600 million to bail out a failing church-owned, for-profit life insurance company. From 2010-2014 it put $1.4 billion to build a mall near Temple Square in downtown Salt Lake City.

$1.4 billion spent for a mall is very charitable and generous act by Mormon church for the bored mormon teen agers.

[–] [email protected] 7 points 9 months ago* (last edited 9 months ago)

a nonprofit created in 1997

And

that has grown to over $100 billion in value

Pick one