The Nehor Posted March 5, 2014 Posted March 5, 2014 Boy where do I sign up for a 6% return on investment?Stocks, mutual funds, just about anything but a bank account.
rockpond Posted March 5, 2014 Author Posted March 5, 2014 Commercial real estate here in California is in the toilet. Abandoned buildings are so common it is contributing to urban/suburban/rural blight. It would appear that in SLC, the church makes sure they don't have any urban blight.
thesometimesaint Posted March 7, 2014 Posted March 7, 2014 Stocks, mutual funds, just about anything but a bank account.http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/histretSP.htmlhttps://www.tiaa-cref.org/public/tcfpi/InvestResearch
thesometimesaint Posted March 7, 2014 Posted March 7, 2014 It would appear that in SLC, the church makes sure they don't have any urban blight. All is not well in Zion.http://news.google.com/newspapers?nid=336&dat=19710531&id=L2wxAAAAIBAJ&sjid=qVUDAAAAIBAJ&pg=6874,7448839
volgadon Posted March 18, 2014 Posted March 18, 2014 Haha, got me there! I just wish the church would match the members donations. The church covers all overheads.
halconero Posted March 18, 2014 Posted March 18, 2014 If you assume 14 million members, it's $6 each. But, if you assume that half are active, then we'd be at $12/member per year. But realistically, a lot of those members are in underdeveloped countries themselves... places that probably should be on the receiving end of the aid. So maybe divide $84m by 3.5 million members. That would put us at $24 per member per year. In any case, it's roughly consistent with the average annual amount we've reported as donations to humanitarian aid over the past couple decades. Also take into account that a good number of those are children, teenagers, missionaries, or otherwise unemployed and who probably don't pay tithing. I did my own math based on the number of wards and branches around the world and got an estimate of around 3-3.5 million people attending sacrament meeting each week. Of those attending sacrament how many are children, teenagers, missionaries, unemployed, disabled, less-active, or otherwise not paying tithing? If we guess at even half that number that means around $50-60 dollars per tithe payer a year. And, as you said, some of those members are from less wealthy nations, with poor exchange rates. In short...the average tithe payer puts a fair amount to humanitarian care. Let's also not count the value in dollars of community service, fast offerings, and local area support that is given.
Bill “Papa” Lee Posted March 19, 2014 Posted March 19, 2014 The UN takes note of LDS Charities and Humanitarian Services with a meeting to learn about our global efforts. http://m.ksl.com/index/story/sid/28924720?mobile_direct=yI used to have a portion of my paycheck go to UN charities, until I learned how much more efficient the Church was in getting the money to the intended target.
volgadon Posted March 19, 2014 Posted March 19, 2014 Humanitarian success is not judged solely by how much money you dump into a project.
halconero Posted March 19, 2014 Posted March 19, 2014 Humanitarian success is not judged solely by how much money you dump into a project. Exactly. There's also a concept called "Humanitarian violence" in anthropology. Projects that have money dumped into them can often cause more harm than good.
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