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The vast but little-known fund of the Mormon Church

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Re: The vast but little-known fund of the Mormon Church

#52
post #12

So I’m officially a Mormon but am not a tithing member or active at all. I’ve asked some of my Mormon friends about this and their response is basically “well of course they are, how else would they build Zion in the city of Independence, Missouri?”. They’ve said that’s where the latter days will be spent a long time ago, and they’re preparing to make that a reality “when the time comes”. They have a form of socialis…

> It still sounds a lot like Communism, though.

That is because it is, 100%. If your teacher freaked out over it, she is having trouble reconciling it with the American cultural meme of "Communism is pure evil.", which stems from the Cold War, not religious doctrine.

And yes, something is off if a tithing LDS family is living on food stamps. I have had family who lost jobs and had no money, and the LDS church gave them food and money to cover bills, until they could get back on their feet. Such situations tend to be handled at the local level, and there are definitely good and bad leaders in all organizations, including churches.

Re: The vast but little-known fund of the Mormon Church

#53
post #39

I cannot fathom why churches are automatically tax exempt. Regular nonprofits have to jump through all kinds of hoops to prevent these kind of shenanigans. We are supposed to have a secular government. How is it that we single out this one class of institution for special treatment?

Religious orgs are a time-tested model for providing sustainable and widespread social cohesion, which is a huge positive externality and also protects the most vulnerable against marginalization and oppression. The tax exemption seems obviously warranted on that basis alone, even abstracting away from any of the more visible charity work or social support that these orgs usually provide.

Re: The vast but little-known fund of the Mormon Church

#54
post #9

That is just what is uncovered in the investment market with one subsidiary. They also own 2% of Florida[0], huge land tracts in Argentina, Oklahoma and elsewhere, and attractive urban real estate in most major metropolises including apartment complexes in PA. They centralize donation collection of tithes and good will offerings such that about 8% stays back at congregations (based on personal observation as the fina…

> For the record I left several years ago, but have many family members still heavily involved. It's an organization which does not allow you to leave with your dignity intact. I've seen people leave with and without. As to why they've not left with dignity, it's sometimes not one-sided. Edit: For those who are making many negative guesses and assumptions about my comments. My comment had nothing to do with the OP's…

Given that we haven't met, dorian-graph, this starts with the assumption that what people like me went through is trivial. For decency sake I ask you to reconsider this as a default position.

In order to get my records at least flagged as no longer a Mormon, thus to keep random visits from local congregations from occurring, I had to get a lawyer involved.

In order for my children to not be repeatedly hounded by some parents at school to come back with their kids over the weekend so they could attend the local congregation, we needed legal action.

I didn't speak out or speak up vocally when I left. I just stopped going to the local congregation. Not a single person there chose to continue friendship. My wife attended a few more years, and had to constantly deal with rumors that I had an affair (I did not). When we moved and I was no longer known to the new congregation, she had to deal with the the local leadership trying to instantiate romantic relationships with widowers and unmarried gentlemen in the congregation because they assumed I was either dead or because since she still attended our marriage was on the rocks.

My story is not unique, and I can say with confidence that the social pressures on the members result in them feeling justified performing actions intended to take away dignity of former congregants ("apostates").

Re: The vast but little-known fund of the Mormon Church

#55
post #19

Earlier quoted context omitted.

It always surprises me that wealthy churches pretend to take Christ seriously, when Jesus was not very fond of amassing money. I get why the churches do it (of course they don't believe in Christ), but why do the exploited masses believe them?

> but why do the exploited masses believe them? my favorite book on the subject of why is "Robert Cialdini's Influence" : https://en.wikipedia.org/wiki/Influence:_Science_and_Practic...

Thanks for sharing. I look forward to reading.

Re: The vast but little-known fund of the Mormon Church

#56
post #9

That is just what is uncovered in the investment market with one subsidiary. They also own 2% of Florida[0], huge land tracts in Argentina, Oklahoma and elsewhere, and attractive urban real estate in most major metropolises including apartment complexes in PA. They centralize donation collection of tithes and good will offerings such that about 8% stays back at congregations (based on personal observation as the fina…

[deleted]

Re: The vast but little-known fund of the Mormon Church

#58
post #36
post #19

Earlier quoted context omitted.

It always surprises me that wealthy churches pretend to take Christ seriously, when Jesus was not very fond of amassing money. I get why the churches do it (of course they don't believe in Christ), but why do the exploited masses believe them?

The concept of tithing is absolutely taught in the Bible. If you believe Christ to be the God of the Old Testament then He absolutely taught it. You seem to be under the impression all religious people who give tithing are merely being exploited. I can promise you are wrong there. The mentality of "I've had no such experience with God so everyone who claims they have is a kook" is quite ignorant. Perhaps you could le…

I won't address your other points since that's not what HN is about, but the person you responded to didn't say tithing. He said amassing money. 100 billion is an absolutely massive amount of cash to keep on hand for any purpose, and I imagine a good number of people think the money would mostly be going towards charitable causes or something of the sort. Tithing doesn't necessarily entail stockpiles that can buy out entire countries.

Re: The vast but little-known fund of the Mormon Church

#59
post #9

That is just what is uncovered in the investment market with one subsidiary. They also own 2% of Florida[0], huge land tracts in Argentina, Oklahoma and elsewhere, and attractive urban real estate in most major metropolises including apartment complexes in PA. They centralize donation collection of tithes and good will offerings such that about 8% stays back at congregations (based on personal observation as the fina…

> For the record I left several years ago, but have many family members still heavily involved. It's an organization which does not allow you to leave with your dignity intact. I've seen people leave with and without. As to why they've not left with dignity, it's sometimes not one-sided. Edit: For those who are making many negative guesses and assumptions about my comments. My comment had nothing to do with the OP's…

[deleted]

Re: The vast but little-known fund of the Mormon Church

#60
post #54

Earlier quoted context omitted.

> For the record I left several years ago, but have many family members still heavily involved. It's an organization which does not allow you to leave with your dignity intact. I've seen people leave with and without. As to why they've not left with dignity, it's sometimes not one-sided. Edit: For those who are making many negative guesses and assumptions about my comments. My comment had nothing to do with the OP's…

Given that we haven't met, dorian-graph, this starts with the assumption that what people like me went through is trivial. For decency sake I ask you to reconsider this as a default position. In order to get my records at least flagged as no longer a Mormon, thus to keep random visits from local congregations from occurring, I had to get a lawyer involved. In order for my children to not be repeatedly hounded by some…

> this starts with the assumption that what people like me went through is trivial.

I did not read it as that, and don't believe that is what his statement conveys.

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