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Deseret Management Corporation (DMC) (/ ˌ d ɛ z ə ˈ r ɛ t / ⓘ) [1] is an American operating company, managing select global, for-profit entities affiliated with the Church of Jesus Christ of Latter-day Saints (LDS Church). It was established in 1966 [2] by church president David O. McKay [3] to hold already-existing church media assets. [4]
AgReserves, Inc. (AgReserves) is a multinational agriculture for-profit company ultimately owned by the Church of Jesus Christ of Latter-day Saints (LDS Church) and based in Salt Lake City, Utah. It is speculated that AgReserves holds the "most valuable private real estate portfolio in the U.S." [ 1 ]
Catholic Church in Australia: 23.25 Australia: Catholicism: Extrapolated figure from calculating assets and investments in the state of Victoria. [7] Seventh-day Adventist Church: 15.6 United States: Adventism: As of 1998. [8] Church of England: 13.84 United Kingdom: Anglican: Endowment funds. [9] Church of Sweden: 11.41 Sweden: Lutheran: FY2012.
The Church of Jesus Christ of Latter-day Saints paid $174.3 million for warehouses at Beacon Logistics Park in Hialeah at 4120 and 4220 West 91st Place on Friday, January 5, 2024.
Ensign Peak Advisors (/ ˈ ɛ n s aɪ n / EN-syne) [3] (EP) is the investment manager for assets of the Church of Jesus Christ of Latter-day Saints (LDS Church). [4]In 1997, the investment division of the LDS Church was spun off into a separate legal entity named after Ensign Peak, a hill that overlooks Salt Lake City. [4]
This ranch, owned by The Church of Jesus Christ of Latter-day Saints (LDS Church), spreads over the three central Florida counties of Osceola, Orange, and Brevard. Covering almost 300,000 acres (1,200 km 2) of land, [3] [5] 90 ranchers and their families live on the ranch. The ranch maintains 44,000 head of beef cattle.
The investment arm of the Mormon church revealed its stock holdings in a 13F filing last week. The church has amassed a portfolio of individual stocks worth $55 billion. A top AI stock is a new ...
Zion's Savings Bank & Trust Company was established by the LDS Church in July 1873 to take over the savings department of the Deseret National Bank, the final and fourth attempted national bank created in Utah, incorporated in 1868. It opened for business on October 1, 1873 and received $5,876 in deposits from 46 depositors. [3]