LDS Audit

The Church's Financial Priorities: Members vs. Investments

LDS Perspective

The Church of Jesus Christ of Latter-day Saints has established itself as an organization dedicated to serving its members and the broader community, particularly in addressing social issues like homelessness and providing humanitarian assistance. The Church is committed to the welfare of its members, which is evident in its extensive welfare and social services program. The Church’s welfare initiative includes food assistance, shelter, and employment resources aimed at helping those in need. It runs various service programs that partner with local organizations to alleviate suffering and promote self-reliance (see churchofjesuschrist.org). The Church’s financial principles reflect its commitment to these efforts. Tithing, which constitutes ten percent of a member's income, is a significa

Historical Perspective

The question of whether The Church of Jesus Christ of Latter-day Saints (LDS Church) prioritizes its members, especially in light of its substantial investment holdings exceeding billions of dollars, invites scrutiny regarding the church's financial priorities and its responsibilities toward social issues such as homelessness. The LDS Church has been reported to have a vast investment portfolio, including around $100 billion in assets, which raises questions about how these funds are utilized and what prioritization they reflect concerning community welfare and engagement with pressing social issues (Mormon Discussion Inc., 2019). While the church has implemented some programs aimed at alleviating poverty and supporting its members, critics argue that more could be done, especially given