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  2. Finances of the Church of Jesus Christ of Latter-day Saints

    en.wikipedia.org/wiki/Finances_of_the_Church_of...

    According to the LDS Church, most of its revenues come in the form of tithes and fast offerings contributed by members. [21] Tithing donations are used to support operations of the church, including construction and maintenance of buildings and other facilities, and are transferred from local units directly to church headquarters in Salt Lake City, where the funds are centrally managed.

  3. Ensign Peak Advisors - Wikipedia

    en.wikipedia.org/wiki/Ensign_Peak_Advisors

    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]

  4. List of wealthiest religious organizations - Wikipedia

    en.wikipedia.org/wiki/List_of_wealthiest...

    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.

  5. The top 10 holdings of the Mormon church's $55 billion stock ...

    www.aol.com/finance/top-10-holdings-mormon...

    In a "60 Minutes" special last year, the whistleblower said the church's investment arm acted as a "clandestine hedge fund" disguised as a charity. The church, widely known as the Mormon church ...

  6. Feds fine Mormon church for illicitly hiding $32 billion ...

    www.aol.com/news/feds-fine-mormon-church...

    The Church of Jesus Christ of Latter-day Saints and a nonprofit entity that it controlled have been fined $5 million by the Securities and Exchange Commission over accusations that the religious ...

  7. Mormon church sued again over how it uses tithing ... - AOL

    www.aol.com/news/mormon-church-sued-again-over...

    A federal lawsuit filed Tuesday alleges The Church of Jesus Christ of Latter-day Saints investment arm misused hundreds of thousands of dollars donated by three men by investing the money instead ...

  8. 2023 Securities and Exchange Commission charges against the ...

    en.wikipedia.org/wiki/2023_Securities_and...

    On February 21, 2023, the United States Securities and Exchange Commission (SEC) charged the Church of Jesus Christ of Latter-day Saints (LDS Church) and its non-profit investment arm, Ensign Peak Advisors (EP), for failing to disclose the LDS Church's investments, and instead creating shell companies whose purpose was to obscure the church's portfolio.

  9. Mormon church fined $5m for using shell companies to hide ...

    www.aol.com/mormon-church-fined-5m-using...

    The US Securities and Exchange Commission says The Church of Jesus Christ of Latter-day Saints and its investment arm will pay $5m