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LDS Church issues statement on Mormon businesses, finances

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Compiled by Joseph Walker, Deseret News

Published: Thursday, July 12 2012 2:01 p.m. MDT

The Church of Jesus Christ of Latter-day Saints is providing background information on its finances in a new article on the LDS Newsroom website.

Tom Smart, Deseret News

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Summary

In response to numerous media requests for information on its financial operations and for-profit businesses, The Church of Jesus Christ of Latter-day Saints has issued a substantial summary of the history, philosophy and vision of LDS finances.

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  • LDS Church shares financial history, philosophy

In response to numerous media requests for information on its financial operations and for-profit businesses, The Church of Jesus Christ of Latter-day Saints has issued a substantial summary of the history, philosophy and vision of LDS finances, and posted it on its LDS Newsroom website.

You can read the summary by clicking here.

Read more about LDS Church financial matters on LDS Newsroom.

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Featured Comments

See all 30 comments »
deep in thought
Salt Lake, UT

Back up and running...

My favorite point was that the church "helps people who help themselves." Even though many of the functions of the LDS cannery and distribution services could be automated (for faster and easier production), More..

  • 3:00 p.m. July 12, 2012
  • Top comment
CottageCheese
SALT LAKE CITY, UT

@Truthseeker...

What kind of statement, revelation or additional "transparency" would have proved satisfactory for you?

  • 4:00 p.m. July 12, 2012
  • Top comment
Kouger
Lehi, UT

No other system quite like it! Nations, countries, companies, organizations, churches, etc. will try to copy it but can't. Keep up the great, marvelous and selfless work my dear Church!

  • 4:12 p.m. July 12, 2012
  • Top comment
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About the Author
Joseph Walker

Joseph Walker

Joseph Walker began his professional writing career in 1980 as a staff writer for the Deseret News in Salt Lake City, eventually becoming the newspaper's television and live theater critic. He left professional journalism more ..

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