Im curious as to differing views of the ethics regarding the churches multiple "worldly" purchases of for profit business rather than spending the money on OBVOIUSLY needed charities or people that would use these funds to survive. With the issues arising in Darfur, the hurricanes, etc. Is it ethical that any church or outwardly charitable organization make investments into for profit businesses?
As an example, if the Red Cross was to invest into microsoft with the funds it had taken in from donations. What would be the reaction of the donators?
Keep in mind, im talking ethics only. Not doctrine.
The Ethics Of Tithing And "worldly" Purchases
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_Mephitus
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The Ethics Of Tithing And "worldly" Purchases
I posted this on MAD, ill repost it here.
One nice thing is, ze game of love is never called on account of darkness - Pepe Le Pew
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_Bond...James Bond
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_Mephitus
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_Runtu
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_Yoda
Runtu wrote:liz3564 wrote:You two are naughty. ;)
Are you both just trying to get banned from MAD?
LOL
Hey, I posted on that thread, but no one responded. I wouldn't dare post here because they might ban me. Oops.
LOL!
Now you're in for it. Wait until the MAD spies discover that you are a "God" here! :)
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_Bond...James Bond
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liz3564 wrote:Runtu wrote:liz3564 wrote:You two are naughty. ;)
Are you both just trying to get banned from MAD?
LOL
Hey, I posted on that thread, but no one responded. I wouldn't dare post here because they might ban me. Oops.
LOL!
Now you're in for it. Wait until the MAD spies discover that you are a "God" here! :)
I think they already know he's a God. Makes you wonder if Shades should have made the rankings higher than 1000. Soon there will be many gods around here, and I don't buy into polytheism.
"Whatever appears to be against the Book of Mormon is going to be overturned at some time in the future. So we can be pretty open minded."-charity 3/7/07
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_rcrocket
What is a charity or religious organization supposed to do with its funds; spend all at once and leave it with no endowment for its future objectives?
If you admit that a charity or religious organization may retain an endowment, what is it supposed to do with it? Convert it to gold and bury it, or park it in investments?
The Red Cross has a huge endowment. If it spent it all in one month in Africa it would be out of business.
Harvard has one of the world's largest endowments. If it spent it all in one year it wouldn't be a university.
P
If you admit that a charity or religious organization may retain an endowment, what is it supposed to do with it? Convert it to gold and bury it, or park it in investments?
The Red Cross has a huge endowment. If it spent it all in one month in Africa it would be out of business.
Harvard has one of the world's largest endowments. If it spent it all in one year it wouldn't be a university.
P
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_Runtu
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Plutarch wrote:What is a charity or religious organization supposed to do with its funds; spend all at once and leave it with no endowment for its future objectives?
If you admit that a charity or religious organization may retain an endowment, what is it supposed to do with it? Convert it to gold and bury it, or park it in investments?
The Red Cross has a huge endowment. If it spent it all in one month in Africa it would be out of business.
Harvard has one of the world's largest endowments. If it spent it all in one year it wouldn't be a university.
P
You're quite right, Plutarch. I just find this artificial and often-crossed line between tithing funds and for-profit concerns to be ludicrous.
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_harmony
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Plutarch wrote:What is a charity or religious organization supposed to do with its funds; spend all at once and leave it with no endowment for its future objectives?
If you admit that a charity or religious organization may retain an endowment, what is it supposed to do with it? Convert it to gold and bury it, or park it in investments?
The Red Cross has a huge endowment. If it spent it all in one month in Africa it would be out of business.
Harvard has one of the world's largest endowments. If it spent it all in one year it wouldn't be a university.
P
Is the Red Cross spending $6 billion on a shopping mall? Is Harvard buying city parks now?
And you have no idea what kind of resources the church has. The books are closed. For all you know, they mortgaged the temples to buy the shopping mall.