Lds charities 2020 annual report

[Fair Dinkum]

On 4/12/2021 at 9:18 PM, webbles said:

It is more than $4.33 per member.  Last year, the church donated $200 million through Charities.  That's about $12 per member.  Granted, that is still not a lot, but it is more than $4.33.

Also, with the increase of temples being announced by President Nelson, it is highly possible that they are actually dipping into the saving fund.

My OP

Quote

I applaud LDS Charities and the lives they've been able to help but given the wealth of the church I question why only 2.5 billion has been donated in the past 35 years.  That amounts to an average of $71.5 million per year.  Given the fact that the church currently has a reserve fund of over $100 billion stock portfolio earning an average of 8% per year, that amounts to less than 1% of those earnings. A paltry .0715% to be exact.  Surely the church could afford to do more than to donate a mere $4.33 per member per year?

I really don't want this to come off as criticism since I appreciate all that they do, I just wish it was more.

The $4.33 annual donation per member is an average over 35 years taken from the churches own press release. 

Edited April 14, 2021 by Fair Dinkum

[let’s roll]

On 4/12/2021 at 8:15 PM, Fair Dinkum said:

I’m not salty, I’m keeping the discussion focused.  My OP was specifically regarding LDS charities. With a $130 billion I’m merely asking why can’t they do more than the $4.33 per member per year?  Keep in mind those are the churches numbers not mine.

Are you using a static number for Church membership over the last 35 years?

[webbles]

53 minutes ago, Fair Dinkum said:

My OP

The $4.33 annual donation per member is an average over 35 years taken from the churches own press release. 

Per the Charities own press release, they donated around $200 million last year (see my other post where I documented it).  The $71.5 million that you keep using is an average over 35 years.  You need to use more recent numbers.