That is weak. Now that the church was forced to fill out the 13f form correctly in late 2019. Anyone can see what EPA is investing in and calculating their returns. The WM did just that, and for all the monies the church invested, they are in line with the S&P 500. They spend a lot of overhead to keep away from certain sin stocks, which probably because of that overhead, it put them under the S&P500.
SCC v. COJCOLDS Settlement agreement
- Thread starter Markk
- Start date
That is weak. Now that the church was forced to fill out the 13f form correctly in late 2019. Anyone can see what EPA is investing in and calculating their returns. The WM did just that, and for all the monies the church invested, they are in line with the S&P 500. They spend a lot of overhead to keep away from certain sin stocks, which probably because of that overhead, it put them under the S&P500.
So, the church leaders are not accountable? They have private privilege. I will remember those words.
Above you just got done telling me "The last time I checked" what did you check if it is confidential?
The church responds:
That is not what I asked you...what were they fined for? It is in the order the church agreed to sign.
What were the unfounded allegations by a former employee? They are in the order, and on the broadcast?
Magdalena
Well-known member
The storehouse was to feed people. Christ told us what to do with it. He was emphatic about taking care of those in need. That is what pleases Him. That’s how we keep His commandments and show love for God.
Do you disagree with Him?
Bring all your tithes to wall street is the LDS way it seems. It is a corporation, in regard to investments.
Ralf,
Just to be clear, here is your tithing funds at work...ponder on the 13f filing
Just to be clear, here is your tithing funds at work...ponder on the 13f filing
Richard7
Well-known member
I also stated many times its God's Storehouse, not mine, not the members, not the leadership but for God use and purpose as directed by His Son.
Never made a definitive claim that encompasses all of the storehouse usage .... We help many in our Ward, food is usually given for 90 days to help them get back on their feet, if we give more then that I could work out that were only enabling them to continue to use the Church strictly for their own purposes..... we help others an set goals which means we also help them to be self sufficient, Gods plan even in the scriptures (bible)
Richard7
Well-known member
Yep! as I stated it save the Co. and also the policy holders... and the Insurance Co. has just about paid back the loan it was given... look it up if you don't believe me...
I have no idea, but for some reason we have 150 billion dollars in savings and investments. Common sense is that the Church does not lose money, they make money... chuckle.
I don't have the data, Markk.
Have no idea, last year I believe a Billion dollars was given to humanitarian aid.
$1 billion
The Church's new 2022 annual report on caring for those in need shows that this work included more than $1 billion in expenditures, 6.3 million hours volunteered and 3,692 humanitarian projects in 190 countries and territories.Mar 22, 2023
How the Church of Jesus Christ Cared for Those in Need in ...
Sorry, no can do....most of it is classified as confidential
Focus, the issue is as whether it is legal or not Ralf. The church did not pay taxes on the monies they either gave to or loaned their own (church owned) for-profit business.
Yes, Ralf they saved for-profit company, with nonprofit tax-free funds. This is a very gray area.
LOL...you mean the corporation of TCOJCOLDS?
Ralf you wrote..." The Mall was a investment, a smart investment that is bring in revenue... ," Now you say you have no idea? Which is it?
You said the last time you looked...what did you look at? Now you say you don't have the data...?
The again you don't know, I gave you a link awhile back...you did not look at it?
Of the 6.3 million hours volunteered...how much per hour of the free hours, did the church corporate into the 1 billion? (I believe it was less than 1 billion, but close enough).
Keep in mind Bill Gates gave 15 billion in 22.
The 20 years before 22, the church gave a lot less, I need to go back and lool, but I believe it was in the 90 million a year range. I look for those numbers when I get a chance.
So, you don't have any idea if what you say is true or not. Correct?
So, Jesus is investing and gambling tithing funds in WallStreet?
NIce Ralf.
That is non-sense. One thing I know from the years I spent working with homeless, is that there are many that will never ever get on their feet for several reasons. You have a warped view of people in-need.
And again, how about a Childrens hospital or two. Would you be opposed to that? Maybe just commit a few billion a year to St. Judes or Shriners?
You just don't get it.
Magdalena
Well-known member
Right. ‘Pay your tithing to the “Lord’s storehouse.” And God will do whatever he wants with it.‘
Didn't know God played the stock market.
Oh, and on top of your 10%, pay extra for fast offerings and humanitarian aid, so we can look like we’re helping people. Stomp that mud, make those bricks, collect that straw.
Richard7
Well-known member
One way to look at it, or bring all you tithing to God's Storehouse... hmm
Yes that might just be the issue, hopefully the payment or fine will calm the tax collectors down... I know you love paying taxes.. chuckle.
Yes indeed, we have been saying that for ever, Congress just keep kicking the can down the road. Lets just get over this progressive tax burden and have a consumption tax or something which will cut down our deficit .... 32 trillion dollars of pure corruption...
Why is that so funny, the Church or Corporation is years ahead of our own governments tax and spend foolery...
Instead of fining us, they ought to sit down with our Leaders and learn Government self reliance... chuckle.
Then I stated use your common sense, the Church seems to be on the road to prosperity... hmm .... God's Storehouse seems to be blessed with a Church Membership who keeps the law of tithing and good things are following...
Take that back and I will just state I don't have the data... period ...
Link? was it a Church or BYU link... hmm ... be careful.
Give or take a million, LOL... that's a lot of good Markk...
Tuesday, May 30, 2023
CHINA
Massive liberal charities steered millions to Chinese groups tied to its government
by Gabe Kaminsky, Investigative Reporter |January 23, 2023 12:20 PM
Two of the largest liberal charities in the United States handed millions of dollars in grants to entities in China linked to the Chinese Communist Party, documents show.
The Bill and Melinda Gates and Ford foundations, two highly influential nonprofit groups influencing left-leaning causes, combined in 2021 to give over $39 million to China, according to their latest tax forms. Some of these funds were directed to Chinese universities and government agencies involved in military research to further the CCP's global influence, filings reveal.
"If the last few years have taught us anything, it's that we need to heavily scrutinize every American dollar that goes to CCP-affiliated entities," Rep. Mike Gallagher (R-WI) told the Washington Free Beacon.
Those schools are Peking University, Tsinghua University, and Shanghai Jiao Tong University, which combined to receive roughly $3.5 million from both the Gates and Ford foundations. The Australian Strategic Policy Institute, a nonpartisan think tank, has labeled the universities either "high risk" or "very high risk" because of their defense research and role in alleged cybersecurity attacks.
The Gates and Ford foundations also gave about $500,000 combined in 2021 to Beijing Normal University, tax forms show. The school has collaborated with China's government on developing vehicles for the military, according to an August 2021 report by the Foundation for Defense of Democracies, a nonpartisan national security think tank.
How many other churches are in that league, look that up also Markk...
Richard7
Well-known member
President Gordon B. Hinckley explained that saving some tithing funds is a fundamental principle of Church finances:
The tithing set aside as a reserve is added to the Church’s investment funds. Bishop Gerald Causse explained the reason for putting saved tithing funds into investments instead of simply holding the tithing in cash or cash equivalents:
What are the several reasons... Markk. There are those few who are truly poor and without means, but 90%, I would speculate, can learn how to take care of themselves with a little nudge from those giving charity.
You seem to be a charitable guy Markk, do you give to everyone who sticks out his hand some money? and if not, why?
Chuckle, this is a world wide Church, we give aid to everyone we can, not just one entity Markk... and it seems they are doing just great with the many charitable contributions they are getting now.... I speculate... LOL
Richard7
Well-known member
What Is a Bishops’ Storehouse?
“And again, let the bishop appoint a storehouse unto this church; and let all things both in money and in meat, which are more than is needful for the wants of this people, be kept in the hands of the bishop” (D&C 51:13).The bishop has the responsibility to care for the poor and needy within the boundaries of his ward. One resource available to accomplish this task is the bishops’ storehouse—a place where those in need can go to obtain food and other supplies at the recommendation of their bishop.
The storehouse is filled with commodities provided by fast offerings and other generous donations from members. Food and supplies from the bishops’ storehouse can also be sent to those affected by natural disasters, wars, or economic crises at a moment’s notice.
What Is the Bishop’s Role?
The Lord has directed bishops to actively “[search] after the poor to administer to their wants” (D&C 84:112).One way bishops do this is by meeting with members of their wards or communities to discuss their needs and to make a plan that will help them become self-sufficient. Bishops are blessed with the gift of discernment (or the ability to know something by the Spirit), which helps them understand how best to help those in need.
What is a bishops' storehouse?
The Bishops’ Storehouse is a place where those who are poor or needy can go, at the recommendation of their bishop, to obtain food and other supplies.
providentliving.churchofjesuschrist.org
Are you that ignorant.
Some of the reasons are:
1: They are mentally retarded and have absolutely no family support or structure...think for a moment if one of your grandchildren were mentally handicapped and could not take care of themselves...and they had zero family to help them. I have two mentally challenged nephews, and if they did not have/had family support, they would die on the streets.
2. Drug burn outs and alcoholics. They can't take care of themselves...do we just let them die on the streets despite their sin? That is a hard one..you tell me.
3. The physically disabled, that do not have family or a means to earn a living wage, who don't have family to support them.
4. The children of the above raised in an environment that is next to impossible to be a productive citizen. Raised with out God in thier lives, but with drugs addicted and alcoholic parents in and out of prison.
One thing I learned about my years in compassion ministry, which I was heavily involved in in San Bernardino's west side, is that you
If you think hoarding your money and gambling with it for the chance of a rainy day is somehow Gods plan, we are 180 from that.
It's just money Ralf, you act as if it is meant for a higher purpose than charity, in regard to our tithes?
BS... you (the church) have 150 BILLION or more in reserve, that you might build a mall or bail out for profit company...are you saying there are not people in need and the church can't give more.
If you had a choice, would you give 1.5 billion to a mall, or to St. Jude's Childrens Hospital? keep in mind the church has in reserve 150 billion, do th math on what percentage of that is 1.5 billion. How many Childrens lives would the church save with a billion dollar a year commitment.
I am sick to my stomach even thing about this.
Magdalena
Well-known member
Your tithing doesn’t go to the storehouse.What Is a Bishops’ Storehouse?
“And again, let the bishop appoint a storehouse unto this church; and let all things both in money and in meat, which are more than is needful for the wants of this people, be kept in the hands of the bishop” (D&C 51:13).
The bishop has the responsibility to care for the poor and needy within the boundaries of his ward. One resource available to accomplish this task is the bishops’ storehouse—a place where those in need can go to obtain food and other supplies at the recommendation of their bishop.
The storehouse is filled with commodities provided by fast offerings and other generous donations from members. Food and supplies from the bishops’ storehouse can also be sent to those affected by natural disasters, wars, or economic crises at a moment’s notice.
What Is the Bishop’s Role?
The Lord has directed bishops to actively “[search] after the poor to administer to their wants” (D&C 84:112).
One way bishops do this is by meeting with members of their wards or communities to discuss their needs and to make a plan that will help them become self-sufficient. Bishops are blessed with the gift of discernment (or the ability to know something by the Spirit), which helps them understand how best to help those in need.
What is a bishops' storehouse?
The Bishops’ Storehouse is a place where those who are poor or needy can go, at the recommendation of their bishop, to obtain food and other supplies.
LOL...do you really want to go there? The church currently owns about 7.4 million shares of Microsoft was valued at $2,231.88 a share per their last 13f filing. The hypocrisy has no limits here. The church is a Major Partner and Owner of Microsoft. LOL, Ralf your tithe money goes to China if you want to get down to it, not to mention the corporation of the prophet church of Jesus Christ of Latter-Day Saints is part owners of Microsoft. What do you think about that?
Tuesday, May 30, 2023
CHINA
Massive liberal charities steered millions to Chinese groups tied to its government
by Gabe Kaminsky, Investigative Reporter |
January 23, 2023 12:20 PM
Two of the largest liberal charities in the United States handed millions of dollars in grants to entities in China linked to the Chinese Communist Party, documents show.
The Bill and Melinda Gates and Ford foundations, two highly influential nonprofit groups influencing left-leaning causes, combined in 2021 to give over $39 million to China, according to their latest tax forms. Some of these funds were directed to Chinese universities and government agencies involved in military research to further the CCP's global influence, filings reveal.
"If the last few years have taught us anything, it's that we need to heavily scrutinize every American dollar that goes to CCP-affiliated entities," Rep. Mike Gallagher (R-WI) told the Washington Free Beacon.
Those schools are Peking University, Tsinghua University, and Shanghai Jiao Tong University, which combined to receive roughly $3.5 million from both the Gates and Ford foundations. The Australian Strategic Policy Institute, a nonpartisan think tank, has labeled the universities either "high risk" or "very high risk" because of their defense research and role in alleged cybersecurity attacks.
The Gates and Ford foundations also gave about $500,000 combined in 2021 to Beijing Normal University, tax forms show. The school has collaborated with China's government on developing vehicles for the military, according to an August 2021 report by the Foundation for Defense of Democracies, a nonpartisan national security think tank.
They also are major shareholders in pharmaceutics that produce things like abortion pills. They own major holdings in Amazon also.
How do I know this...because they were turned in to hiding this by cheating on their 13f forms, and anyone can know every quarter,
Richard7
Well-known member
Tell me why we or anyone should believe your sources? chuckle.
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Richard7
Well-known member
What are you talking about Markk, not only is tithing to help the sick and afflicted (poor) but personal service by each member is number one in love thy neighbor. Giving tithing is easy, but actually giving of yourself to help others is much more charitable and a act of true love, Christ like Love.
I personally think visiting the sick, the poor and loving thy neighbor exceeds any gift or contributions from the general account of the Church.
Matt 25
Naked, and ye clothed me: I was sick, and ye visited me: I was in prison, and ye came unto me.
Richard7
Well-known member
You're wrong, both tithing and welfare money are used.... we have over 114 bishop storehouses, the Church pays for the buildings, the different enterprises, such as the land in Florida where we raise cattle and oranges , the general fund pays for the maintenance and expense cost of all our operations... hope you just learned something new...