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Christian Congregation of Jehovah's Witnesses, Inc. was established to organize and administer the congregational affairs of Jehovah's Witnesses in the United States. [ 14 ] [ 15 ] It filed for incorporation on August 21, 2000, in New York State as a “ domestic non-profit corporation ” in Putnam County, New York . [ 16 ]
In August 2016, the company partnered with Kushner Companies to acquire the Jehovah's Witnesses’ Watchtower building in Brooklyn for $340 million in one of the largest transactions to date in Brooklyn. [16] In March 2017, the company sold the then headquarters of the Charles Schwab Corporation to The Blackstone Group for $313 million. [17]
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. [2] [3] Tirumala Tirupati Devasthanams (TTD) 31.11 India: Hinduism
The Watch Tower Bible and Tract Society of Pennsylvania is a non-stock, not-for-profit organization [4] headquartered in Warwick, New York.It is the main legal entity used worldwide by Jehovah's Witnesses to direct, administer, and disseminate doctrines for the group and is often referred to by members of the denomination simply as "the Society".
Since its incorporation in 1884, the Watch Tower Bible and Tract Society of Pennsylvania has been directed by a president and board of directors. Until January 1976, the president exercised complete control of doctrines, publications and activities of the Watch Tower Society and the religious denominations with which it was connected—the Bible Students and Jehovah's Witnesses.
Former headquarters of the Watch Tower Bible and Tract Society in Brooklyn, New York. Jehovah's Witnesses operate 87 branch offices worldwide, [24] under the oversight of headquarters representatives who visit each of their assigned branches every few years, auditing operations, counseling branch committee members, department heads, and missionaries, and reporting back to the Governing Body.
Jehovah's Witnesses believe that Jesus is God's only direct creation, that everything else was created through him by means of God's power, and that the initial unassisted act of creation uniquely identifies Jesus as God's "only-begotten Son". [159] As part of their nontrinitarian beliefs, they do not believe that Jesus is God the Son. [160]
Adams, a Governing Body "helper", [21] became president of the Watch Tower Society after Governing Body member Milton G. Henschel stepped down from the position in 2000. [22] [23] In that year, members of the Governing Body resigned from their executive positions of the corporations of Jehovah's Witnesses, although the periodical Christianity Today reported that the Governing Body of Jehovah's ...