So, it appears that the Church may have an even bigger stack of investments than many of us thought. In this post, I’m not interested in the possible tax law issues of this giant fund, but rather just the size of the fund. To be blunt, I find it appalling that the Church has this much money available at the same time that General Authorities continuously harp on members to pay tithing, not to mention that they pass other costs on to members like the recently-announced increase in the cost of serving as a missionary and the ongoing requirement for members to clean church buildings.
I was so irritated by this revelation that I started going back through Conference talks and Ensign articles to try to make a comprehensive list of all the times GAs have told stories of members valiantly paying tithing instead of paying for food or rent. But I got sidetracked by a really interesting talk that President Monson gave in 1990 where he discussed changes the Church had made over time to reduce the financial burden on members. He said,
The newly announced local unit budget allowance program is but one of several carefully studied and prayerfully implemented steps taken by the Church to relieve the membership of financial burdens which some simply could not carry.
He then went on to list four changes made in the previous years that were designed to reduce the financial burden of Church membership on members:
- The consolidated meeting schedule was introduced (I assume reducing transportation costs).
- The Church went from paying 50% of the cost of new buildings to 60%, 70%, 96%, and finally 100%
- The per-capita welfare assessment was eliminated.
- Ward/branch budgets became completely funded by the Church.









(Note that this is just a graph I made from the Pew graph so that I could sort by percentage rather than by religious group name. If you follow the link in the paragraph above, you’ll find a graph with the same numbers.)








