by Johnny Townsend On the surface, Mormons are generous. They give a full ten percent of their income to their church. They donate countless hours every week to various “callings,” as Sunday School teachers, Nursery leaders, temple workers, and janitors. The bishop of every congregation may volunteer 20 hours each…
Category: Money
City Creek Center – breeding cynicism
I’m an alumnus of the University of Utah. As an alumnus, I get their alumni magazine, Continuum. With all of the other stuff I have to read, I rarely read the magazine all that closely. I typically just skim through the articles, looking for anything that might seem interesting. The…
Missionary Chat: Philadelphia Apartment Building
I had another question I wanted to run by some Mormons: Why is the LDS Church building a for-profit, 32 story apartment building in Philadelphia? Same rules as before… Bob (me): Hello? Ken: How can we help you today? Bob: I have a question about the LDS Church. Casey: Great!…
Missionary Chat: Florida Property
In case you didn’t catch it, the LDS Church now owns 2% of the state of Florida. Â Since I try not to bug my still Mormon family members about the LDS Church very often, I decided to go to the always available source for thoughts on this: Missionary Chat. Â My…
LDS Inc., one of the largest property owners in the US
A colleague sent me a link to this story noting that Farmland Reserve Inc., one of the property holding subsidiaries of LDS Inc., just sold 27,156 acres of farmland in Arkansas (that’s about 42 square miles). Â The header in the email was, “Tithing receipts low?” Â I thought that was funny….
Where does all the money go?
I finally figured out where all of the LDS Church’s money goes thanks to this red light camera photo in Greece:
Mormon finances
In case you missed it, Caroline Winter at Bloomberg Business Week recently published an investigative piece on LDS Church finances that is pretty detailed. It’s pretty well-balanced, though I’m sure many Mormons will dismiss it as anti-Mormon based on the cover image alone: Apparently the article hit a little too…
MSP post stolen and Mormons stumping
I caught two interesting news stories in my news feed this morning. First is this article in the Tampa Bay Tribune about the LDS Church being one of the largest land owners in the state of Florida: Mormon church is large landowner in Florida. The information provided in the article…
Pity Party for LDS, Inc./City Creek Reserve Inc.
The Salt Lake Tribune has an article up noting that LDS Inc./City Creek Reserve is having a hard time selling its downtown condos. I know I feel bad for LDS, Inc. I mean, why build condos except to make a profit, right? And City Creek Reserve Inc. really doesn’t have…
Just for kicks, how long will this clip stay up before it gets pulled?
Ever wonder why it’s OK for Mormons like the Marriotts to profit from porn? Now you know. As someone elsewhere noted: “I think this new PSA from the Mormons is much more helpful than some of their older, more boring stuff.”