The Mormon Church may be misleading its congregation when it comes to its tax-exempt investment fund, The Washington Post reports. David Nielsen, a former senior portfolio manager at the Church of Jesus Christ of Latter-day Saints' investment division, filed a complaint with the Internal Revenue Service in November alleging the Mormon church's leaders stockpiled $100 billion in surplus donations rather using them for charitable purposes as intended. Nielsen, who did not respond to the Post's que...
Whistleblower accuses Mormon Church of hoarding $100 billion intended for charitable purposes
The Week - 17 Dec 2019 16:55
The Mormon Church may be misleading its congregation when it comes to its tax-exempt investment fund, The Washington Post reports. David Nielsen, a former senior portfolio manager at the Church of Jesus Christ of Latter-day Saints' investment division, filed a complaint with the Internal Revenue Service in November alleging the Mormon church's leaders stockpiled $100 billion in surplus donations rather using them for charitable purposes as intended. Nielsen, who did not respond to the Post's que...
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