Skip to content
Main Street Plaza

A Community for Anyone Interested in Mormonism.

Main Street Plaza

A Community for Anyone Interested in Mormonism.

#LDSconf pre-show discussion: Should the LDS church reveal its finances?

Chino Blanco, March 31, 2011April 1, 2011

As Provo, Utah’s Daily Herald noted back in 2007:

It clearly doesn’t want to. In the 2001 case, for example, it avoided disclosure by settling with the plaintiff for $3 million.
…
Some find it strange that rank-and-file Mormons are not privy to the financial workings of the church even though they may donate large sums of money through tithing and other offerings. They are called members, but membership has no privileges. Church members, unlike stockholders in a corporation, have no vote. The reward for their faith is generally intangible.

Many other churches have full disclosure.

And in the Wikipedia entry about LDS finances, it’s noted that:

The LDS church maintains an internal audit department that provides its certification at each annual general conference that LDS church contributions are collected and spent in accordance with LDS church policy.

Which raises a second question:

What is LDS church policy regarding the use of donated funds?

Because stories like the ones below can leave a person wondering.

1) In 2009, the Church of Jesus Christ of Latter Day Saints in Canada sent $40 million to BYU and spent $17 million on salaries. Link.

2) From 2004-2009, UK Mormons collected $3.6 million in Humanitarian Fund donations and disbursed only $322K. Scroll down to comment #31 at this link.

3) Speaking of the UK church, its general assets are depreciating at the rate of 6,000,000 annually. Really?

4) Does the LDS church really need to be in the business of owning hunting preserves? Link.

5) And another MSP post that has generated all kinds of interest: LDS Inc. owns .7% of Florida

6) By the way, I haven’t yet listened to this 2007 Mormon Matters podcast, but I agree with the panelist who noted in comments that the LDS church has plenty of good reasons to be involved in SLC city planning and commercial development.

7) And a closing thought from a commenter at one of the other Mormon podcast sites:

I’ve heard that the Catholic Church increased its donations substantially when it began publishing full financial disclosures.

Could be. But as the years of undisclosed financial operation pile higher, it only gets harder to contemplate changing the policy. For example, would Mormons be upset to learn just how much the LDS church spends each year to persuade plaintiffs (like the one mentioned at the top of this post) to settle lawsuits and sign non-disclosure agreements?

—

Reminder: With General Conference around the corner, be sure to attach the #LDSconf hashtag to all your tweets. Or #twitterstake for those who’d like to join the Internet’s largest and loudest General Conference pep rally. Bonus points for bearing your tweetimony.

Finances Secrecy

Post navigation

Previous post
Next post

Related Posts

BBC’s This World: The Mormon Candidate

March 28, 2012March 28, 2012

Finally, a Mormon documentary for the rest of us. Hailed by the creator of the I am an Ex Mormon video series as “my favorite video about Mormonism I have ever seen.” Part 1: Mitt Romney Part 2: Mormons Part 3: Exmormons Part 4: Prophets Part 5: Park Part 6:…

Read More

Joseph Smith as Peeping Tom

December 12, 2018

by “Faraday” This essay hopes to solve a great mystery: the origins of the naked part of the endowment. The mystery Most people know that the signs and tokens of the temple come from Freemasons. And the Adam and Eve part comes from the book of Genesis. But where do…

Read More

MSP post stolen and Mormons stumping

January 22, 2012

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…

Read More

Comments (11)

  1. Carla says:
    March 31, 2011 at 9:02 pm

    They don’t seem shy about disclosing everything they know about membership growth or new chapels and temples.

  2. Juan says:
    March 31, 2011 at 9:43 pm

    …or about the amount of Humanitarian Aid they give out, except for the unfortunate info shown in the UK financials. We don’t focus on how much we receive, but don’t give, but rather on just how wonderful we are because we’ve given $800 million over the past 25+ years (i.e. not even enough to fund 1/4th of the City Creek Center…).

  3. Donnell Allan says:
    March 31, 2011 at 11:49 pm

    Should the LDS church reveal its finances? Absolutely. Why not? The secretiveness just makes it look like there must be something to hide.

  4. Jim Platt says:
    April 1, 2011 at 4:06 am

    What do you mean you have no rights ? You are blessed as members with THREE extemely important rights….Pray, Pay, and OBEY…..but NEVER, NEVER, NEVER QUESTION.

  5. aerin says:
    April 1, 2011 at 6:28 am

    It’s not just the LDS church IMO. I’ve said it before, all religious organizations that do not pay taxes on the property or income they take in. The reports should be the same that any 501 3 c org. distributes. It should be a change to US law. As the arguments already mention, why not be honest? Is there something to hide?

  6. Alan says:
    April 1, 2011 at 8:09 am

    What are the consequences for a member who refuses to pay tithe?

  7. Kullervo says:
    April 1, 2011 at 8:24 am

    What are the consequences for a member who refuses to pay tithe?

    Concrete, objective consequences? No temple recommend. Maybe others, I don’t know (it would certainly impact your ability to hold a significant calling, I would think).

    Theologically, not paying your tithing is intentionally disregarding a commandment, which means forfeiting eternal salvation.

    Other than that? Guilt and shame, I guess. Lots of concerned meetings with your bishop. Word will get around.

  8. chanson says:
    April 1, 2011 at 11:25 am

    Chino — That video you linked on the wheat and tares thread is really fascinating! So they’re starting to float some ideas for how they’re going to soften the blow of the lack-of-growth reality: “You’re the salt to the Earth, but no one wants to eat nothing but salt!”

  9. barmy stoat says:
    April 1, 2011 at 12:02 pm

    My comment is completely unrelated to the original post but I just wanted to say that I think the recent changes to this site are fab!

    Ok… carry on! 🙂

  10. sana says:
    April 2, 2011 at 11:04 am

    well well my answerisyesso what did you say….
    see this idahostatesman.com

  11. sana says:
    April 2, 2011 at 11:05 am

    and you can also visit this http://aonlinebreakingnews.blogspot.com/

Leave a Reply

Your email address will not be published. Required fields are marked *

Mormon Alumni Association Books

Latest Comments:

  1. Anon on Collecting Nominations for the 2025 Brodie Awards!!December 12, 2025

    Most humorous episodes Britty the Apostate https://www.youtube.com/watch?v=NRYqwEy6rhk Best new humorous/satirical channel: Britty the Apostate https://www.facebook.com/people/Britty-The-Apostate/61579368354784/ https://www.tiktok.com/@brittytheapostate https://www.youtube.com/@BrittyTheApostate

  2. chanson on Collecting Nominations for the 2025 Brodie Awards!!December 10, 2025

    Abstract Atheists for best new channel 2025.

  3. chanson on Collecting Nominations for the 2025 Brodie Awards!!December 10, 2025

    I've found two for a new category of personal survival stories (if we get one more, we can make this…

  4. chanson on Collecting Nominations for the 2025 Brodie Awards!!December 10, 2025

    For best history (or narrative nonfiction) book: The Juvenile Instructor Office: The Growth of Specialized Publishing in Utah in the…

  5. chanson on Collecting Nominations for the 2025 Brodie Awards!!December 10, 2025

    Thanks for the great nominations so far!!! I'm going to add some nominations here myself. I'll consolidate later. For Best…

8: The Mormon Proposition Acceptance of Gays Add new tag Affirmation angry exmormon awards Book Reviews BYU comments Conformity Dallin H. Oaks DAMU disaffected mormon underground Dustin Lance Black Ex-Mormon Exclusion policy Excommunicated exmormon faith Family feminism Gay Gay Love Gay Marriage Gay Relationships General Conference Happiness Homosexual Homosexuality LDS LGBT LGBTQ Link Bomb missionaries Modesty Mormon Mormon Alumni Association Mormonism motherhood peace politics Polygamy priesthood ban Sunstone temple

Awards

William Law X-Mormon of the Year:

  • 2024: Nemo the Mormon
  • 2023: Adam Steed
  • 2022: David Archuleta
  • 2021: Jeff T. Green
  • 2020: Jacinda Ardern
  • 2019: David Nielsen
  • 2018: Sam Young
  • 2017: Savannah
  • 2016: Jeremy Runnells
  • 2015: John Dehlin
  • 2014: Kate Kelly
  • 2013: J. Seth Anderson and Michael Ferguson
  • 2012: David Tweede
  • 2011: Joanna Brooks
  • 2010: Monica Bielanko
  • 2009: Walter Kirn

Other Cool Sites!

WasMormon.org
©2025 Main Street Plaza | WordPress Theme by SuperbThemes