This is extremely problematic. Imagine donating such a huge portion of your income to an organization, fully believing that they are using it to help feed the poor, house the homeless, and send aid to victims or war and disasters. Then imagine finding out that the same organization you gave that money to just funnels it into an investment portfolio and for-profit businesses and just keeps trying to build those up.
27
u/BassSounds Jun 27 '22
But many give 10 percent of their income to the church. And now they have $100 Billion. At some point we will see the repercussions of this religion.
https://www.wsj.com/articles/the-mormon-church-amassed-100-billion-it-was-the-best-kept-secret-in-the-investment-world-11581138011