Mormon $ecret$ Exposed [Mormonism Live 215]

Jan 23, 2025

Spencer Anderson, a Professor of Accounting at Indiana University, joins the conversation to unveil the financial secrets of the LDS Church. He discusses the church's impressive $206 billion investment portfolio and the effects of compound interest on its wealth growth. Anderson critiques the transparency of humanitarian efforts, revealing misconceptions about church-owned properties and investments. The discussion also addresses whistleblower reports regarding undisclosed international investments and raises urgent questions about the moral responsibilities of religious organizations in managing their wealth.

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INSIGHT

Widow's Mite Report Overview

The Widow's Mite Report analyzes publicly available information about the LDS Church's finances.
It estimates the Church's wealth, spending, and income, promoting transparency.

INSIGHT

Humanitarian Aid Increase

The Church's increased humanitarian aid might be linked to the Widow's Mite Report's inception.
The report's transparency may have influenced the Church's behavior.

INSIGHT

Ensign Peak's Portfolio Value

The Church's investment portfolio, managed by Ensign Peak, is estimated at $206 billion.
This represents a significant increase, roughly doubling since 2019.

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