Tag: Mormon Church Finances
Since the Church has so much money, shouldn’t it do more to help the poor and alleviate suffering? Isn’t that following what Jesus taught in Matthew 19:21 and Luke 12:33?
The Mormon church began spending money on humanitarian aid in the 1980s but has helped to relieve the poor and suffering since its inception...
Why isn't the Mormon Church more transparent with Mormon Church finances?
The LDS Church is not a financial or commercial corporation. Its members see it as the Church of Jesus Christ and therefore view their freely given donations as belonging to Him. They entrust their tithing to be allocated through prophets...
What is Mormon Church tithing used for?
Mormons pay tithing, which is ten percent of their income to the Church of Jesus Christ of Latter-day Saints. Mormons believe that paying tithing is a choice. Mormon Church tithing is used in several ways including: missionary efforts, to build and maintain church meeting houses...
How did the Mormon Church accumulate its Wealth?
The LDS Church’s finances have gone through at least three periods of serious financial instability. These periods of instability have led to the church’s current policy of saving for a rainy day while benefiting from times of financial plenty...