Howzat Tithing Thing Workin' Out For Ya?

Today In Parasitism

That's US$37.8 billion, w/ a "b".

LDS Church discloses the $37.8 billion stock portfolio of its biggest investment fund

The federal filing may be the best answer ever to how The Church of Jesus Christ of Latter-day Saints has invested the excess tithing paid by its 16 million members. The detailed list included 1,659 stocks and mutual funds, including household names like Amazon, Chevron and Walmart, that the fund held for the quarter ending Dec. 31.

The investment fund, called Ensign Peak Advisors, quietly submitted the filing Feb. 14 to the U.S. Securities and Exchange Commission. The stock portfolio appears to represent a large portion of the total value of Ensign Peak, which whistleblowing brothers Lars and David Nielsen said in a complaint sent to the IRS controls assets worth at least $100 billion.

Tax the churches already, especially those that charge straight-up admission. And on a sliding scale, f'r Chrissakes.

[The Salt Lake Tribune]