LDS Audit

Exploring the Church's Real Estate Investments Amidst Second Coming Beliefs

LDS Perspective

The Church of Jesus Christ of Latter-day Saints (LDS Church) has a longstanding practice of acquiring land and making substantial investments in real estate, which serves multiple purposes aligned with its teachings and mission. One of the primary reasons for purchasing land is to prepare for the future, including the anticipated Second Coming of Jesus Christ. The Church believes that as the second coming approaches, its role in the world will increase, necessitating adequate facilities and resources to support its global mission and serve its members (see D&C 45:39). The Church’s land purchases are strategically aimed at ensuring the growth and sustainability of its programs, from building temples and meetinghouses to establishing educational institutions and providing community services

Historical Perspective

The Church of Jesus Christ of Latter-day Saints (LDS Church) has a vast and growing real estate portfolio, reportedly valued over $15.7 billion as of recent estimates. This includes substantial land acquisitions across the United States and internationally, prompting significant discussion about the church’s motives in light of its teachings on the Second Coming of Jesus Christ. The purchases span a variety of properties, including commercial real estate, agricultural land, and even urban development, which raise questions about the church's financial priorities and long-term strategy. One primary reason for the extensive land acquisitions may be related to the church's financial management strategies through firms like Ensign Peak Advisors. Ensign Peak manages the church's investments wi