How the Mormons Make Money | BusinessWeek.com

[_Kishkumen]

You need to think about the people who are employed at Hugo Boss - they are amongst the many who need a lift Temporally before or while they are lifted spiritually!

Yes, I'm sure Hugo Boss employs the homeless and unskilled.

Right.

They very well may run sweatshops somewhere in the world. You never know.

[_Drifting]

UNICEF relies on contributions from governments and private donors and UNICEF's total income for 2008 was $3,372,540,239. Governments contribute two thirds of the organization's resources; private groups and some 6 million individuals contribute the rest through the National Committees. It is estimated that 91.8% of their revenue is distributed to Program Services. UNICEF's programs emphasize developing community-level services to promote the health and well-being of children. UNICEF was awarded the Nobel Peace Prize in 1965 and the Prince of Asturias Award of Concord in 2006.

Here is a link to UNICEF's full financial report available to the public.

http://www.unicef.org/about/execboard/f ... ditors.pdf

[_malkie]

UNICEF relies on contributions from governments and private donors and UNICEF's total income for 2008 was $3,372,540,239. Governments contribute two thirds of the organization's resources; private groups and some 6 million individuals contribute the rest through the National Committees. It is estimated that 91.8% of their revenue is distributed to Program Services. UNICEF's programs emphasize developing community-level services to promote the health and well-being of children. UNICEF was awarded the Nobel Peace Prize in 1965 and the Prince of Asturias Award of Concord in 2006.

Here is a link to UNICEF's full financial report available to the public.

http://www.unicef.org/about/execboard/f ... ditors.pdf

That's all well and fine, Drifting. But you need to remember that UNICEF is a worldly organization that is not headed by God, so there's a limit to what you can expect from it.

I can only imagine that if they had their own prophet who walked and talked with Jesus, they would also be building a mall to revitalize the area in which their HQ is situated.

Of course, with an income of less than half of the likely income of the LDS church they might be able to spend only $2B or so on their mall.

[_Drifting]

That's all well and fine, Drifting. But you need to remember that UNICEF is a worldly organization that is not headed by God, so there's a limit to what you can expect from it.

I can only imagine that if they had their own prophet who walked and talked with Jesus, they would also be building a mall to revitalize the area in which their HQ is situated.

Of course, with an income of less than half of the likely income of the LDS church they might be able to spend only $2B or so on their mall.

I guess this is where I'm a little perplexed.
It seems Jesus taught one set of principles about looking after people, especially the poor and the needy and the children. Whereas, when reading the Bible, it becomes clear that God is not only okay with killing, He actually demands it (see Flood, Moses in the book of Numbers).

It must be confusing for the First Presidency.
Do we spend billions of dollars on helping to ease the plight of those in impoverished conditions (as per Jesus) or do we say stuff 'em and let's go shopping?
It's not easy being a Profit.

[_malkie]

That's all well and fine, Drifting. But you need to remember that UNICEF is a worldly organization that is not headed by God, so there's a limit to what you can expect from it.

I can only imagine that if they had their own prophet who walked and talked with Jesus, they would also be building a mall to revitalize the area in which their HQ is situated.

Of course, with an income of less than half of the likely income of the LDS church they might be able to spend only $2B or so on their mall.

I guess this is where I'm a little perplexed.
It seems Jesus taught one set of principles about looking after people, especially the poor and the needy and the children. Whereas, when reading the Bible, it becomes clear that God is not only okay with killing, He actually demands it (see Flood, Moses in the book of Numbers).

It must be confusing for the First Presidency.
Do we spend billions of dollars on helping to ease the plight of those in impoverished conditions (as per Jesus) or do we say stuff 'em and let's go shopping?
It's not easy being a Profit.

I wonder if the Big 15 look at organizations like UNCEF and say: "What is wrong with these people!"

[_ldsfaqs]

Hi Big Red,
All great questions to which TBMs have no good answers......thus they respond exactly like your cousin did. They are in such denial. But I always have to remind myself that I was a lot like that not that many years ago.

There ARE good answers.... Problem is, is you people don't have the mental and moral character to know or understand them. You ignore them.

Bottom line..... The Mall was done by CHURCH OWNED BUSINESS.... NOT the CHURCH!!!
As any balanced human being would be, they have and develop multiple aspects of their lives to make them and the world around them better. The Church does the same thing. While Church owned businesses are a part of the Church, and help the Church with it's mission, they are not the Church. They serve.

Just like a man is not his job, the Church is not it's business side and investments. That side helps the man or the Church, but that is not the man, nor the Church.

If you people can't understand simple facts, then it's no wonder you can't comprehend anything else.

[_Drifting]

Hi Big Red,
All great questions to which TBMs have no good answers......thus they respond exactly like your cousin did. They are in such denial. But I always have to remind myself that I was a lot like that not that many years ago.

There ARE good answers.... Problem is, is you people don't have the mental and moral character to know or understand them. You ignore them.

Bottom line..... The Mall was done by CHURCH OWNED BUSINESS.... NOT the CHURCH!!!
As any balanced human being would be, they have and develop multiple aspects of their lives to make them and the world around them better. The Church does the same thing. While Church owned businesses are a part of the Church, and help the Church with it's mission, they are not the Church. They serve.

Just like a man is not his job, the Church is not it's business side and investments. That side helps the man or the Church, but that is not the man, nor the Church.

If you people can't understand simple facts, then it's no wonder you can't comprehend anything else.

So tell us how the $5 billion non profit making upmarket City Creek project helps the Church with its mission? (just the simple facts will do...)

[_Bob Loblaw]

There ARE good answers.... Problem is, is you people don't have the mental and moral character to know or understand them. You ignore them.

Pardon me if I don't defer to your superior mental and moral character once I stop laughing.

Bottom line..... The Mall was done by CHURCH OWNED BUSINESS.... NOT the CHURCH!!!

A meaningless distinction. The Mall is owned by City Creek Reserve, Inc., a wholly owned, tax-exempt subsidiary of the Corporation of the President of the Church of Jesus Christ of Latter-day Saints.

As any balanced human being would be, they have and develop multiple aspects of their lives to make them and the world around them better. The Church does the same thing. While Church owned businesses are a part of the Church, and help the Church with it's mission, they are not the Church. They serve.

They are as much "the church" as any other division of the church.

Just like a man is not his job, the Church is not it's business side and investments. That side helps the man or the Church, but that is not the man, nor the Church.

Another meaningless distinction. Which part of the church isn't the church? There is no legal entity called The Church of Jesus Christ of Latter-day Saints.

If you people can't understand simple facts, then it's no wonder you can't comprehend anything else.

It's always entertaining to be lectured on intelligence by someone as unbelievably stupid as you.

[_Drifting]

Bottom line..... The Mall was done by CHURCH OWNED BUSINESS.... NOT the CHURCH!!!

Actually the reverse is true.
It is an LDS business (corporation) side that owns the Church as a sort of religious trading subsidiary.

[_Bob Loblaw]

Actually the reverse is true.
It is an LDS business (corporation) side that owns the Church as a sort of religious trading subsidiary.

The "church" is just one of the tax-exempt parts of the larger corporations.