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A Community for Anyone Interested in Mormonism.

LDS Inc., one of the largest property owners in the US

profxm, November 20, 2012

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).  The header in the email was, “Tithing receipts low?”  I thought that was funny.  But, seriously, how much more property does LDS Inc. have?

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Comments (2)

  1. kuri says:
    November 20, 2012 at 8:52 am

    Hmm. First they cancel their expensive high-rise expansion at the MTC despite the prospect of a large increase in the number of missionaries, and now they sell off a large asset? Right after making a multi-billion dollar investment in a shopping mall? Any other organization, and one would suspect they’d overextended themselves.

  2. Chris F. says:
    November 20, 2012 at 10:37 am

    @Kuri, That is exactly what I was thinking. With an organization which has a “White Horse Prophesy”, you’d think they’d want to keep control over as much of the U.S. as they can get their hands on.

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