Officials of the Church of Jesus Christ of Latter-day Saints kept the amount of their $100billion investment reserves a secret in case public knowledge of their massive wealth might discourage members from tithing.
The Wall Street Journal reports that word of the Mormon Church's stockpile came after a whistleblower complained to the Internal Revenue Service that the fund, named Ensign Peak Advisors, had collected billions.
'Paying tithing is more of a sense of commitment than it is the church needing the money,' Roger Clarke, the head of Ensign Peak said.
'So they never wanted to be in a position where people felt like, you know, they shouldn’t make a contribution.'
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6 comments:
Im sorry but my beliefs. I believe Jesus- last testament was the last word, not mormons,muslim, jehovas, buddist,etc..all possesed with luciferian influence
So what did Romney do with all that money.
I wonder how much they received from Ancestry to have access to all their records. So many problems now on their Family Search site as a result of their love of money.
All my life I've always heard that the Mormon Church was very wealthy.
Mormons need to give this money to Bernie Sanders so he can divide it up for us and make the world a better place...just kidding.
You are absolutely correct @6:45.These are all False Religions (cults) which the Bible clearly warns us about. The Holy Bible is the only true Word of God. Many have been deceived by false prophets derived from satan's deception.
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