The Church of Jesus Christ of Latter-day Saints responded Tuesday to a recently-filed whistleblower complaint that accuses the church of stockpiling $100 billion in accounts intended for charitable works, misleading members and avoiding paying taxes.
The Church of Jesus Christ of Latter-day Saints, commonly referred to as the Mormon Church, responded Tuesday to a recently-filed whistleblower complaint that accuses the church of stockpiling $100 billion in accounts intended for charitable works, misleading members and avoiding paying taxes.
A whistleblower alleges in the complaint, filed with the IRS, that billions of dollars collected in tithes -- mandatory donations by members -- were invested in an investment arm of the church -- Ensign Peak Advisors — but in 22 years, has not been distributed to charitable causes in accordance with IRS rules, according to a report in the Washington Post.
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