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Why doesn't the Mormon church have to disclose its financial publicly?
Wiki User
∙ 9y ago
Simply because the law in the United States does not require nonprofit religious institutions to publicly disclose their finances. This is part of the First Amendment to the US Constitution, which prohibits the US Government from meddling in the affairs of law abiding religious organizations.
Those branches of the church which are for profit (such as their real estate and media holdings) do pay taxes and do disclose their finances to the public. In nations where religious organizations are required to disclose their finances, the church complies, but reports only the financial information relative to that nation and not the international church as a whole.
Wiki User
∙ 9y ago
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Is the Edward Jones Financial Co owned or affiliated to the Mormon Church?
no
Does the Mormon church financial support the sister wives?
Most definitely not. The Church of Jesus Christ of Latter-day Saints (the "Mormon" church) banned polygamy over 100 years ago. The Church does not provide financial support to any sister-wife. The Church will provide in-kind help (food, clothing, emergency supplies, job training, etc) to people outside of their faith who apply for assistance. If you are speaking of the Sister Wives tv show, no. The Browns of the tv show are not members of the Mormon Church. Both Kody and Janelle left the Mormon Church to join the Apostolic United Brethren. Their church may provide financial support, but the Mormon church does not.
Does the Mormon church own minutemaid?
No. MinuteMaid is owned by the CocaCola company. The CocaCola company is publicly traded and owned by stockholders, and has never been affiliated with the Church of Jesus Christ of Latter-day Saints (the "Mormon" church). The Mormon Church does not own any commercial food or beverage companies, nearly all of it's food production efforts are used in charitable and humanitarian functions.
Why doesn't the mormon church give a financial report to its wards and members?
FREEDOM OF RELIGION: The same reason other church's in the U.S. don't provide a financial report. The 'First Amendment to the Constitution'.
What is a good sentence with the word Mormon's in it?
The Mormon church is the true church. The Mormon Church is officially called the Church of Jesus Christ of Latter-day Saints.
How many Mormon serving in military?
It is impossible to know for sure, since there are members of the Church of Jesus Christ of Latter-day Saints (the 'Mormon' church) serving in the military of many nations. They are not required to disclose their religion to the military, and they are not required to disclose their military service to the church. In addition, the number is constantly changing as people are joining or leaving the military or joining or leaving the church. There are thousands of Mormons serving in militaries around the world, but it would be impossible to know exactly how many.
Is Ally Bank Mormon owned?
Ally Bank is owned by GMAC Financial Services. None of the top executives at GMAC are members of the Church of Jesus Christ of Latter-day Saints (commonly called the "Mormon" Church). The Church itself is not affiliated with Ally Bank or GMAC in any way.
Is CBS own by Mormon?
No. CBS is owned by the CBS Corporation, a publicly traded company owned by shareholders. The CBS affiliate in Utah, KUTV-2, is also unaffiliated with the Church of Jesus Christ of Latter-day Saints (the 'Mormon' church) - it is owned and operated by the Sinclair Broadcast Group based out of Maryland.
Does the Mormon church pay property taxes for their poor elderly members to gain the property later?
No. The Church of Jesus Christ of Latter-day Saints (the "Mormon" church) does give financial assistance to needy members, but paying someone's property taxes does not mean that you own their property or have any rights to it whatsoever.
Is the Mormon Church false?
No the Mormon church is true if u don't belive me ask a Mormon friend and ask for his/her bible and read it.
Does Mormon church own amway?
No. The Church of Jesus Christ of Latter-day Saints (the "Mormon" church) is not affiliated with Amway.
What is the name of the church that the Mormon's established?
The official name of the "Mormon" Church is The Church of Jesus Christ of Latter Day Saints. It was not established by "mormon's", but by one man, Joseph Smith.
