This week, the Washington Post reported that a whistleblower filed a complaint to the Internal Revenue Service that The Church of Jesus Christ of Latter-Day Saints has stockpiled roughly $100 billion in funds in their investment management company, Ensign Peak Advisors.
This week, the Washington Post reported that a whistleblower filed a complaint to the Internal Revenue Service that The Church of Jesus Christ of Latter-Day Saints has stockpiled roughly $100 billion in funds in their investment management company, Ensign Peak Advisors. This potentially puts them in violation of their tax-exempt status, and raises the question: Should a religious institution have much money stored away?
GUESTS
- Jon Swaine, investigative reporter for the Washington Post
- Lee Hale, religion reporter for KUER; host of Preach
- Samual Brunson, Georgia Reithal Professor of Law at Loyola University Chicago; author of God and the IRS: Accommodating Religious Practice in United States Tax Law
