Mr FAQs you need to get better on your FAQs because you make a lot of mistakes below.
ldsfaqs wrote:
Maybe you've missed it..... But the leadership of the Church doesn't get their "living stipend" from the "Church" side. They get it form the Corporate side.
Yes President Hinckley said as much. But so what? All the funds from the for profit businesses as well as member contributions are eligible for use in the mission of the Church.
By the way I personally have no issue with GAs getting a reasonable pay for what they do. They do it full time to a very old age. Some ( see below) who were not all that succesful in their pre GA work often I imagine take pay cuts. One GA I know who was an attorney certainly did according to what he shared with me.
Further, from what I know their stipends are actually MUCH LESS than most corporate CEO's.
How do you know this?
Further, all of these men are self made men, having had their own lives, careers and businesses for much of their lives, and volunteered the rest of the time for the Church long before being called, by no action of their own to be Apostles.
This is certianly not true. Hinckley worked for the Church most his adult life. Monson worked for the Deseret News and was like 36 when called. He could not have accumulated wealth. Packer was a church teacher. Holland likewise then president of BYU. Eyring was a teacher/professor, some were attorneys that likely made a good living but were not independently wealthy. Bednar was a college professor and BYUI pres. I would think that many GAs do need some sort of pay to live on.
Again I am ok with that. I do however think it should be disclosed to members what they are getting paid.
Our Church is run NOTHING like any other Church, and yet you all are so paranoid about seeing the finances.
This is certainly true. The question is whether that is good or bad.
Further, the Church is "audited" by various firms, and when-ever there has been a problem, it's dealt with.
Nah I don't think so. The only audit the Church gets is by internal employees on its payroll. Independent CPA firms do not audit the Church. They do however audit BYU and the for profit arms of the Church.
But, the Church functions so perfectly, that there is rarely a problem. It's SYSTEM was established by God, and it's amazing how perfect and non-corrupting it is.
Oh my where to begin. I think you need to read church history a bit more. The Church has had lots of money issues over its existence. One was in the late 50s and early 60s when when Henry Moyle's out of control building program and acquisition of property put the Church in annual deficits for a number of years. Coincidentally that is right about the time the Church stopped publishing financial information.
Further, what "controversy".....? Do you yell "FIRE" when there is no smoke???
It is just good practice to publish financial information. It is called transparency and it shows integrity.
Even further, it's only the "Church" side that is kept private.
Which is likely the bulk of where the money is generated by donations and where it is spent.
The Corporate side of the Church is entirely open according to corporate law. We know who the boards of directors are, we know who operates the various company's, the financial portfolio's of whatever company are open to the shareholders, etc. etc. Again, what is the problem???
Secrecy is the problem.