The Church of Jesus Christ of Latter-day Saints' has an investment portfolio topping $100 billion that includes $49.3 billion invested in stocks. The portfolio is registered with the SEC under the name Ensign Peak Advisors, and its lack of disclosures…[Continue Reading...]
The Church of Jesus Christ of Latter-day Saints' finances faced renewed scrutiny Sunday when CBS aired an interview with a whistleblower who alleges the church tried to hide billions of dollars and violated its tax-exempt status. What they’re saying: The…[Continue Reading...]
A former investment manager for the Church of Jesus Christ of Latter-day Saints says that the organization stockpiled more than $100bn in funding intended for charity work but never spent it on such projects. “It was really a clandestine hedge…[Continue Reading...]
Every religion has its mysteries. One of the closest guarded secrets of The Church of Jesus Christ of Latter-day Saints has been its wealth. In this report, you will hear for the first time about its remarkable size from a…[Continue Reading...]
SALT LAKE CITY — In 2019, a whistleblower revealed The Church of Jesus Christ of Latter-day Saints had a $100 billion investment fund. Now that same whistleblower wants the U.S. Senate to do something about it. In a 90-page memo…[Continue Reading...]
The Securities Exchange Commission is investigating the Mormon Church over allegations it failed to disclose investments in a secretive $100 billion portfolio, the Wall Street Journal reported Friday, years after the church was accused of skirting tax rules and deceiving…[Continue Reading...]
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