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Some sources suggest a value as high as $265.62 billion, while others put it closer to $47.24 billion due to limited public data on the Church's finances. Former totals the value of land, real estate, investments and holdings of the Catholic Church and its institutions.
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]
Bonneville International Corporation is a media and broadcasting company, wholly owned by the Church of Jesus Christ of Latter-day Saints (LDS Church) through its for-profit arm, Deseret Management Corporation. It began as a radio and TV network in the Triad Center Broadcast House in Salt Lake City, Utah.
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]
The church, widely known as the Mormon church, reports its stock holdings every quarter, and a recent 13F filing revealed its top holdings as of June 30. During the quarter, the fund added to its ...
Bennett, Archibald F. (1960) [1951], A Guide for Genealogical Research (2nd ed.), Salt Lake City: Genealogical Society of the Church of Jesus Christ of Latter-Day Saints, OCLC 20467434; Widtsoe, John A. (1939), Priesthood and Church Government in the Church of Jesus Christ of Latter-day Saints, Salt Lake City, Utah: Deseret Book, OCLC 20467434
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]
Brigham Young, LDS Church president, was the bank's first president, and the bank was intended to encourage immigration to Utah and further the financial interests of the church. [4] During the Panic of 1893, the bank managed to remain solvent despite difficulties. [5] During the early 20th century, Zions financed such firms as: [5] [3]