Church memo about finance story...

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_Drifting
_Emeritus
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Joined: Thu Oct 27, 2011 10:52 am

Church memo about finance story...

Post by _Drifting »

"'Salt Lake Public Affairs has notified us of their work with a reporter from Reuters on a story being written regarding Church finances. Reuters staff has done a lot of work on this, trying to develop formulas to estimate the Church’s yearly income from tithes, the value of Church buildings around the world, and the worth of other Church assets such as agricultural property.

"'The story is expected to be published soon and likely will generate interest with other media who will want to do their own version of this topic. Thus, we are advised to be alert for possible media contacts. BECAUSE OF THE NATIONAL SCOPE OF THIS STORY, HEADQUARTERS NEEDS TO MANAGE ALL RELATED INQUIRIES. ACCORDINGLY, TO ENSURE PROMPT AND APPROPRIATE RESPONSE, IMMEDIATELY REFER THE CONTACT TO [deleted], DIRECTOR OF MEDIA RELATIONS, AND NOTIFY ME SO THAT WE MAINTAIN LOCAL COORDINATION.'"


Reuters have been investigating the finances of the Church and are at some point going to publish an article. I suspect this contributed to the disclaimer appearing on the new tithing slips.
“We look to not only the spiritual but also the temporal, and we believe that a person who is impoverished temporally cannot blossom spiritually.”
Keith McMullin - Counsellor in Presiding Bishopric

"One, two, three...let's go shopping!"
Thomas S Monson - Prophet, Seer, Revelator
_Stormy Waters

Re: Church memo about finance story...

Post by _Stormy Waters »

I wonder why the church would send out this type of memo. Especially when it appears that Reuters is just doing an estimation.

Reuters staff has done a lot of work on this, trying to develop formulas to estimate the Church’s yearly income from tithes, the value of Church buildings around the world, and the worth of other Church assets such as agricultural property.


Hopefully one day I'll find out what they were doing with my money.
Last edited by _Stormy Waters on Sat Jun 30, 2012 8:55 pm, edited 1 time in total.
_3sheets2thewind
_Emeritus
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Re: Church memo about finance story...

Post by _3sheets2thewind »

Last time I did some math on it, the church recieved 5billion a year just from missionaries families paying the monthily allotment.
_Drifting
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Re: Church memo about finance story...

Post by _Drifting »

The Church in the UK receives circa £27 million per annum in tithing donations from a claimed membership of 190,000.
(from published accounts)

Doing a simplified extrapolation of that ratio puts Church tithing income worldwide at something in the region of £2 billion.

Given that the UK is probably on the low side in comparison the the US, we can say with a degree of common sense, that worldwide tithing income will be somewhere between $3 and $4 billion.
“We look to not only the spiritual but also the temporal, and we believe that a person who is impoverished temporally cannot blossom spiritually.”
Keith McMullin - Counsellor in Presiding Bishopric

"One, two, three...let's go shopping!"
Thomas S Monson - Prophet, Seer, Revelator
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