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Acretrader sells Mormons buy
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1972RedNeck
Posted 4/12/2026 01:22 (#11615112 - in reply to #11614581)
Subject: RE: Acretrader sells Mormons buy


Townsend, Montana
Kooiker - 4/11/2026 14:53

1972RedNeck - 4/11/2026 11:14  1.58 Billion in 2025 for worldwide humanitarian aid... That doesn't qualify as "some" social services?




As a % of the LDS Church investment portfolio, its peanuts.     They're not even spending the income off of the investments on their social services.

And its WAY under the 10% that the church wants from its members as tithing. 




The mathematical optics of the LDS church’s charitable giving is really really bad.

Like that of a “charity” that only exists to enrich its founder and employees.




Whatever the optics may look like to you, 1.58 billion is still "some" social services.

Obviously they don't spend everything that they bring in for humanitarian efforts. Lots of church buildings across the world to build and maintain. And then obviously a chunk goes to solid investments like farmland that will produce food for the world.

I have no problems with part of my 10% of my increase in net worth going towards farmland. Actually, I like it.

And I don't think the Founder needs our worthless paper money...


Edited by 1972RedNeck 4/12/2026 01:32
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