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Whistleblower reported Mormon church to IRS

The Church of Jesus Christ of Latter-day Saints and its investment arm, Ensign Peak Advisors, were fined $5 million in February for using shell companies to hide the size of a $32 billion equity portfolio, according to the U.S. Securities and Exchange Commission. A former Ensign Peak portfolio manager blew the whistle on the fund to the IRS in 2019, after working at the firm for nine years. He alleged that the church had accumulated $100 billion in assets and, instead of spending the money on good works, used the money to bail out business with church ties. He claimed. ....

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The countdown to save Utah's Great Salt Lake | U.S.

Abusive irrigation, an increasing population and climate change are drying up the largest lake of its kind in the Western Hemisphere. In November 2022, it fell to its lowest level in history ....

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Mormon Church gives water to boost imperiled Great Salt Lake

Amid rising panic about the future of Utah’s Great Salt Lake, The Church of Jesus Christ of Latter-day Saints is donating roughly the size of a small reservoir of water to help maintain the lake’s elevation. ....

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LDS Church gives water to boost imperiled Great Salt Lake

LDS Church gives water to boost imperiled Great Salt Lake
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