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Mormon church earns $7 billion a year from tithing, analysis indicates
(Photo: George Frey / Getty Images file)
SAN FRANCISCO — If the Mormon church were a business, wealthy adherents like Mitt Romney would count as its dominant revenue stream. 
Its investment strategy would be viewed as risk-averse. 
It would also likely attract corporate gadflies protesting a lack of transparency. They would call for less spending on real estate and more on charitable causes to improve membership growth — the Mormons’ return on investment. 
Read the complete story.
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Mormon church earns $7 billion a year from tithing, analysis indicates

(Photo: George Frey / Getty Images file)

SAN FRANCISCO — If the Mormon church were a business, wealthy adherents like Mitt Romney would count as its dominant revenue stream. 

Its investment strategy would be viewed as risk-averse. 

It would also likely attract corporate gadflies protesting a lack of transparency. They would call for less spending on real estate and more on charitable causes to improve membership growth — the Mormons’ return on investment. 

Read the complete story.

Source: openchannel.nbcnews.com

    • #Analysis
    • #Church
    • #Mormon
    • #News
    • #San Francisco
    • #Tithing
    • #Latter Day Saints
  • 9 months ago
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20 Notes/ Hide

  1. maedatuamae reblogged this from nbcnews
  2. artofdobharchu reblogged this from anonymousgreg
  3. leknox reblogged this from nbcnews
  4. cairnclover reblogged this from s3archmys0ul
  5. cairnclover likes this
  6. s3archmys0ul reblogged this from nbcnews
  7. wonkin-after-midnight reblogged this from nbcnews and added:
    Ridiculous article is ridiculous. Full disclosure: I am Mormon, aka a Latter Day Saint, aka LDS; one who has lived on...
  8. wheretheroadlies reblogged this from nbcnews and added:
    Adventist Church, which had about 17 million members...year ago, appears to
  9. lilyranicorn likes this
  10. mylittlefrog reblogged this from thelifeofamormongirl
  11. yourclassicgentleman reblogged this from nbcnews and added:
    Woah
  12. lgaba likes this
  13. povertyinafirstworldnation reblogged this from nbcnews and added:
    I live in Utah. I wish this was a surprise to me. While they do put a lot of money into charitable causes, the majority...
  14. sharedburden likes this
  15. absolutelyterrifying reblogged this from anonymousgreg and added:
    Shopping malls?!
  16. thelifeofamormongirl reblogged this from nbcnews
  17. anonymousgreg reblogged this from nbcnews and added:
    So interesting it hurts.
  18. nbcnews posted this
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