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Mormon Church has misled members on $100 billion tax-exempt investment fund, whistleblower alleges

Author Name, ProPublica

2019-12-16 00:00:00

Details of the church’s expenditures on charitable work are not publicly available, but in a lecture at the University of Oxford in 2016, a senior elder said the church had spent about $40 million a year over the past 30 years on welfare, humanitarian aid and other international projects. He did not mention Ensign. The church said in a report last year that its charitable arm had spent $2.2 billion in assistance since 1985, but did not provide a breakdown on spending.
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[1] URL: https://www.washingtonpost.com/investigations/mormon-church-has-misled-members-on-100-billion-tax-exempt-investment-fund-whistleblower-alleges/2019/12/16/e3619bd2-2004-11ea-86f3-3b5019d451db_story.html
[2] URL: https://creativecommons.org/licenses/by-nc-nd/3.0/us/
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