Members were shocked several years ago to learn the LDS church had investments valued at over $32 billion dollars, a number that has since grown to over $56 billion. Were they a church or a corporation? An organization with a mission to alleviate suffering or one to build wealth? LDS…
Category: Finances
Sunday in Outer Blogness: Money money money edition!!
In case you missed it, Jeremy Runnells just won X-Mormon of the Year 2016, and the nominations for the Brodie Awards will continue until Thursday, January 19 — so get your final nominations in here! (Also note the Wheat & Tares blog is also collecting nominations for their yearly awards.)…
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…
Mithryn’s breakdown of the lawsuit against Monson. Has it got a chance?
Full text here I’ve done some digging on the 2006 fraud act, and the 7 claims that are specifically mentioned in the brief may not hold up. Of them, most claims (Nauvoo expositor was full of lies, Book of Abraham legitimacy, DNA and indians, etc.) were made publically before Jan…
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…
Anyone interested in talking with a reporter?
Hey MSP readers: I was recently contacted by a reporter from a prominent magazine who is doing a story on Mormons and business. The initial angle for the story was, “Why are Mormons so good at business?” But, in chatting with me, she has realized that all may not be…
#LDSconf pre-show discussion: Should the LDS church reveal its finances?
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…