Posted by:
Fascinated in the Midwest
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Date: November 02, 2023 01:58PM
not used for "good works" (or even building new Temples) but "Instead, the church allegedly hid the fact that some if not all donations are permanently invested in accounts never used for charitable work. That includes tithes; regular donations amounting to 10% of a person’s income expected from members of the church. The money instead has gone to Ensign Peak Advisors, a nonprofit created in 1997 that has grown to over $100 billion in value, the lawsuit alleges."
https://www.cnbc.com/2023/11/01/mormon-church-sued-again-for-investing-donations-from-lds-members.html?&qsearchterm=Mormon%20sueThe piece carries an Associate Press icon.
The more mainstream news coverage this practice gets, the better.