Money and the Mormon Church

Opposition to the LDS Church can be pretty virulent at times. Considering that, if financial criticism had any merit, it would have gained traction long ago. As it is, people have to stick to 200 year old stories of polygamist kidnappings or gold-digging prophets.

But that doesn’t stop people from digging into Church financials every now and then. Recently, this role was played (just as poorly as it has already been played) by Caroline Winter. The response to her article is the same as President Gordon B. Hinckley’s response to a 1997 Time article. He said,

“The money the Church receives from faithful members is consecrated. It is the Lord’s purse. Our Church facilities are money consuming and not money producing. We are not a financial institution. We are The Church of Jesus Christ. The funds for which we are responsible involve a sacred trust to be handled with absolute honesty and integrity, and with great prudence as the dedicated consecrations of the people.

“We feel a tremendous responsibility to you who make these contributions. We feel an even greater responsibility to the Lord whose money this is.”

Winter’s article may have garnered her some attention, but it will only be remembered as another failed attempt to discredit a spiritual institution that exercises an exactly honorable stewardship when it comes to finances.

For more, see the LDS Church response to the article, or this article about the criticism Businessweek and Winter are facing.


2 thoughts on “Money and the Mormon Church”

  1. I LOVE the comments on her article. What a pathetic, single-sided, opinionated article. I love your response, though. If people only knew.

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