Lds people making money

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But is this an accurate characterization of the church? The Mormon Church is currently financially affluent. This wealth comes from 10 percent tithing donations by members and from successful business lds people making money. This affluence, combined with the publics overall unfamiliarity with the LDS Church, and a general weariness of money-mongering televangelists, corrupt ecclesiastical leaders, and salvation for-profit ministries makes the LDS Church an easy target for critics. So where does the money go? The money the Church earns through donations and business income is used to support the church members by providing facilities, buildings, learning materials, employment and welfare programs.

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Law 2—Budget Your Expenditures

But is this an accurate characterization of the church? The Mormon Church is currently financially affluent. This wealth comes from 10 percent tithing donations by members and from successful business investments. This affluence, combined with the publics overall unfamiliarity with the LDS Church, and a general weariness of money-mongering televangelists, corrupt ecclesiastical leaders, and salvation for-profit ministries makes the LDS Church an easy target for critics.

So where does the money go? The money the Church earns through donations and business income is used to support the church members by providing facilities, buildings, learning materials, employment and welfare programs. The members benefit more from the church’s money than the 15 men at the top. Even nonmembers benefit through charitable aid donated by the church during natural catastrophes. But some leaders must be making a good living off the members, right?

People who are not familiar with the Mormon Church don’t realize that the church has a lay ministry. Bishops and local ecclesiastical leaders serve on a volunteer basis, for about 5 to 10 years, without receiving pay or tangible compensation. Bishops do not live off donations from their congregations. They don’t even get tips for conducting weddings or funerals. Mormon bishops, and other local priesthood leaders, have full-time jobs apart from their church duties. Most of the LDS Church General Authorities, the church’s full time hierarchical priesthood leadership, also serve as unpaid volunteers.

The priesthood of the Mormon Church is not a career path. No one goes to school or starts a career to be a bishop, stake president or general authority. The First Presidency, which is the Mormon Church President and his two counselors, and members of the Quorum of the Twelve Apostles usually live off of retirement from their professions and vocations. Apostles have been teachers, college presidents, doctors, lawyers, farmers, salesmen or other such professions prior to their callings.

If an apostle doesn’t have adequate retirement income he may receive a living allowance. This is a far cry from living off the backs of the members. Some criticize the Mormon Church for getting involved in businesses ventures.

These criticisms are short-sighted. The business revenue the church receives benefits the members by supplementing tithing donations. The church couldn’t maintain its vigorous worldwide charitable aid program, print free scriptures, maintain church properties and facilities, or even continue the temple and church construction program of the last 15 years and remain solvent if it were percent reliant on tithing donations.

Not every church member pays tithing like they should, and in some parts of the world the membership is just too poor to be self sustaining. But with all this in mind, let’s suppose the LDS Church leaders were in it just for the money, and only cared about milking as much money from the Mormon people as possible.

If this were the case, then the LDS Church would be doing the following: The LDS Church would charge a rental fee to use chapels and church facilities for weddings, funerals and social events. Mormons, and even nonmembers, can reserve church ward houses free of charge. The Mormon Church has over 17, chapels across the world. Think of how much money the church is losing by not renting them. Evidently, money isn’t a priority. The Mormon Church would charge members a rental fee to use temple sealing rooms for weddings.

Despite what some movies have portrayed, there are no fees for temple weddings. There isn’t even a charge to use the temples as backdrops for wedding photos. Now think about. There are temples and counting across the world. A church that only cared about money would definitely capitalize on. The LDS Church would charge temple attendees for parking.

Temple parking is free for attendees. Even temples in downtown metropolitan locations, like Los Angeles, have free parking for temple patrons. A money-grubbing church would never offer free parking, especially without a purchase validation. The Mormon Church would charge members to submit family names or to extract names for temple work. Thousands of names are submitted and extracted for temple work daily.

That’s a lot of cash the so-called money loving church is losing by not charging for. The LDS Church would only have revenue generating properties, not revenue depleting properties.

Churches, temples, the Conference Center, tabernacles, welfare farms and ranches, employment centers, family history libraries and bishop’s storehouses cost a lot of money to maintain and operate, but they don’t produce profits. A greedy church wouldn’t have property where commodities are just given away freely.

Now, a cantankerous critic might say that chapels produce a profit because Mormons pay tithing donations. If the church only built chapels to collect donations then it would make more sense to build mega-churches that seat thousands of donating people, rather than chapels that only seat a few. The church keeps congregations small to keep them more community-oriented.

The Mormon Church is people-oriented, not money-oriented. A skeptic may even mention that there are items charged for in the temple. Mormons pay a couple of bucks to rent white clothing if they don’t have their. They can also buy food in the temple cafeteria. Both of these costs cover the operating expenses of the laundry or eating facilities. Some temples are built without cafeterias and clothing rental areas. So apparently the money returns aren’t a big deal.

Currently, tithing and other donations are paid discretely by members bringing cash or checks to the bishop in an envelope.

No point of sale machines and no automatic withdrawals. It’s a chapel, not an insurance office. Well, maybe it’s a fire insurance office if you count the whole «burned at His coming» scenario. The LDS Church has one of the largest genealogical repositories on the earth, with over a billion names and records.

Thousands of people, both Mormons and others, use the website and visit the church’s family history libraries free of charge. Groups that focus on profits, not prophets, exploit every possible revenue generation option available. These two church websites get millions of web visitors a month. The church could make a lot of revenue monetizing the sites by selling banner ads or doing Google Adsense. They don’t because the sites are about building the spirit, not building revenue.

The LDS Church wouldn’t give away free food and commodities at the bishop’s storehouse. The bishop’s storehouse is like a small grocery market where needy members can get free food and other goods. There are no cash registers in the storehouse.

All food orders are predetermined by the family, the ward relief society president the church’s women’s auxiliary and the bishop. If the church were just about money then the storehouses would instead be mini-Walmarts where people pay for food and goods. The Mormon Church would charge a fee for men to receive priesthood ordinations.

If the church really wanted to make money, then they would start charging men to be ordained to various priesthood offices. The higher the office the higher the cost could be. Heck, if it is just about the money then the church would give the women the priesthood so they could charge them. Fortunately, the priesthood in the LDS Church is not for sale.

The LDS Church would charge admission for visitor centers. The church operates free visitor lds people making money at temples and historical sites all over the world. Over a million people tour the Salt Lake Temple visitor center annually. Think of how much the church would make by charging admission to see the films and displays.

But they don’t. The church doesn’t even sell souvenirs at the centers. That’s because the focus is on spreading the message of the restored church of Jesus Christ, not about spreading people’s wallets. The Mormon Church would send out professional, commission paid sales reps as missionaries. Now, let’s be brutally honest. Most Mormon missionaries are year old twits that can barely wipe their own noses, much less take care of themselves and build a church.

They aren’t paid, they have to cover the bulk of their own mission costs, and they barely have any life skills. Yet, God has miraculously used them to share the gospel, and bring thousands of people into the church.

Contrast this reality to if the church really only cared about selling salvation as a product and getting more money.

Instead of these young twits, the church would send out trained, seasoned, commission based sales people. The professional salvation peddlers would say anything to close the sale so the church could collect that all important money.

They may even charge a baptism or church entry fee. The Mormon Tabernacle Choir is world renown. And anyone can see a taping or hear them perform free every week at Temple Square in Salt Lake. If the church were truly all about the money they would be charging top dollar for tickets to these events.

Once a year at tithing settlement, church members have the opportunity to voluntarily declare themselves as full tithe payers to the bishop. Tithing settlement isn’t required and is entirely on the honor .

Tom Hanks Attacking Mormons

Layers of loss

By Sean P. LDS members peoole the resulting nearly two centuries have founded companies, become elected to federal offices and written best-selling books. Archived from the original on Poor financial management can destroy an otherwise stable family, and many lcs can be traced to quarrels over money. Hidden categories: CS1 maint: archived copy as makign All articles lacking reliable references Articles lacking reliable references from April CS1 errors: missing periodical Webarchive template wayback links All articles with dead external links ;eople with dead lds people making money links from December Articles with permanently dead external links Articles with incomplete citations from April All articles with unsourced statements Articles with unsourced statements from December What if you got a cash gift from someone you knew had already paid tithes on the money? Ensign Peak Advisors, Inc. Now the Salt Lake City headquarters picks up the tab. Details of the IRS filing reveal financial assets largely hidden from the church’s membership often known as «Mormons» and the public view. December Encyclopedia of Mormonism. Ultimately, all funds earned by the Church’s investments go back to supporting its mission to invite souls to come unto Christ. Moyle’s reasoning was that by building larger meetinghouses the church would attract more converts. The Evangelical Council for Financial Accountability ECFA accredits churches that prepare accurate financial statements to be reviewed by an independent certified pople accountant and which make their financial statements available upon written request. The report statesnew births in andnew converts to the church which reports 65, full-time missionaries around the world. Early peolle to force church members to patronize LDS-owned businesses led to the U.