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How the Mormons Make Money

Mr. McGibblets said:
Dude, seriously, I only notice one person bitching in this thread and throwing the "evil" card around. If zombie said the exact same thing about the Catholic church and its expansive land holdings and finances would you consider his comment "evil?" I wouldn't. I don't think he was trying to bash or call our church evil. Thicken your skin.

Now...



Millions, yes. Billions, hardly. I've posted these links before, but I'll post them again:

https://www.providentliving.org/welfare/pdf/WelfareFactSheet.pdf

1985 - 2009 (so 25 years):

Humanitarian Aid in Cash: $327.6 Million

Humanitarian Aid in Material Assistance: $884.6 Million
Total: $1.13 Billion in 25 years. Yes, they reached a billion, but it took 25 years.

Roughly $45.2 Million/year, but I bet it has increased as the years have gone on to account for inflation.

Canadian tithing funds given to BYU in 2010: 102 Million.

https://www.cra-arc.gc.ca/ebci/haip...k%3Dlatter-day%26amp%3Bb%3Dtrue%26amp%3Bp%3D2

UK tithing funds (where it's a "hard" mission and not growing):

https://www.charity-commission.gov....steredCharityNumber=274605&SubsidiaryNumber=0

City Creek Spending from 2003 - 2012: $2-3 Billion.

Does the church do a lot of good? Absolutely. As do its members who contribute tens of thousands of hours a year. However, it's easy to see why people might be critical of the church's financial priorities or not understand their financial decisions. Relax.
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What examples might you give that fit this category?
 
So question about the mall .. I assume the LDS church built and owns the mall building/spaces but it does not own the businesses, right? Not being an apologist (not even LDS) but just curious if the church is profiting directly from the retail sales or simply from the leases?

I am not suggesting it matters in the morality debate .. just curious.
 
PKM said:
What examples might you give that fit this category?
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As that article mentioned, the church operates A LOT of farms, ranches, etc. Also, they have the "Bishop's Storehouse" in Salt Lake and other canneries throughout the country. These run mainly off of volunteer labor or labor of poor people in exchange for food/goods.

As a result, the church produces tons (literally) of food that they send throughout the world for humanitarian aid. Also, they send some of the clothes and other goods that are donated to the local Deseret Industry Thrift Stores. They often donate in natural disasters as well. I believe that they give the stuff directly to the Red Cross who then coordinates the distribution.

Here is this blurb from the church's own website:

The Church of Jesus Christ of Latter-day Saints has donated more than $1 billion in cash and material assistance to 167 different countries in need of humanitarian aid since it started keeping track in 1985. It sent an airlift of tents, tarps, diapers and other supplies to the areas of Chile hit by the February 2010 earthquake, and two planes with over 80,000 pounds each of food and emergency resources to Haiti in January 2010 due to their catastrophic earthquake. The local, national and international organization of the church allows it to coordinate relief efforts quickly so that food, supplies and workers can arrive when they are needed most.

The Church does not discriminate based on religious affiliation, ethnicity or nationality. We offer hope and the potential for a life that transcends disease, poverty and despair. It’s all part of God’s plan that we bear each other’s burdens and act as His hands on earth. The Church’s welfare program also helps people in need locally by offering temporary assistance in the form of food, clothing and in the search for employment. Recipients are given the opportunity to work, if possible, in exchange for this assistance.
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Did I understand your question correctly?
 
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Scat said:
I've read that the "Mormon Mall" project was one of the major contributing factors to Utah's unemployment rate being lower than the national average. How can helping to keep the populace employed and fed be a bad thing?
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You mean a massive infrastructure project provided the necessary stimulus to affect the unemployment rate?

Nah, you're Scat. You couldn't possibly be saying that.
 
PKM said:
So question about the mall .. I assume the LDS church built and owns the mall building/spaces but it does not own the businesses, right? Not being an apologist (not even LDS) but just curious if the church is profiting directly from the retail sales or simply from the leases?

I am not suggesting it matters in the morality debate .. just curious.
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Just the leases as far as I know, except for the Deseret Books bookstores that are sure to be present. The church owns those.
 
Sirkickyass said:
You mean a massive infrastructure project provided the necessary stimulus to affect the unemployment rate?

Nah, you're Scat. You couldn't possibly be saying that.
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But that's private money. If it was government money it wouldn't have the same effect. Because socialism.
 
Gameface said:
I hate the idea that we should all suffer so long as any of us suffer. It seems like a noble notion, but it's pure evil.
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Actually, I think it was more a matter of effective use of resources. Give $100 to a person in America, and he can eat minimally for a month. If he already makes 1,000/month, there won't be much difference. Give the same amount to a person in the poorest areas of Africa, and they can eat for several months on the same amount, and more typically make less than $100/month.

However, Scat is right that getting that person the full $100 is an issue.
 
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