They are required to talk about anything over $100 million but they “didn’t want people to be discouraged about tithing to them.”

I was looking up if they owned any Pepsi stock still and apparently if they do, they’re not talking about that either.

  • Moobythegoldensock@lemm.ee
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    1 year ago

    For members of The Church of Jesus Christ of Latter-day Saints, tithing — donating 10% of one’s income to the faith — “is more of a sense of commitment than it is the church needing the money,” Roger Clarke, head of Ensign Peak Advisors, which manages the denomination’s investing holdings, told The Wall Street Journal.

    “So they never wanted to be in a position where people felt like, you know, they shouldn’t make a contribution,” Clarke said.

    Checks URL

    Not the Onion? Ok, then…