Anonymous ID: 56e583 Dec. 21, 2019, 4:37 p.m. No.7584732   🗄️.is 🔗kun   >>4737 >>4743 >>4883 >>4889 >>5091 >>5200 >>5295

Mormon Church has misled members on $100 billion tax-exempt investment fund, whistleblower alleges

 

A former investment manager alleges in a whistleblower complaint to the Internal Revenue Service that the Church of Jesus Christ of Latter-day Saints has amassed about $100 billion in accounts intended for charitable purposes, according to a copy of the complaint obtained by The Washington Post. The confidential document, received by the IRS on Nov. 21, accuses church leaders of misleading members — and possibly breaching federal tax rules — by stockpiling their surplus donations instead of using them for charitable works. It also accuses church leaders of using the tax-exempt donations to prop up a pair of businesses. A spokesman for the church did not respond to detailed questions from The Post about the complaint. “The Church does not provide information about specific transactions or financial decisions,” spokesman Eric Hawkins said in a statement. The complaint provides a window into the closely held finances of one of the nation’s most visible religious organizations, based in Salt Lake City. It details a church fortune far exceeding past estimates and encompassing stocks, bonds and cash.

 

The complaint was filed by David A. Nielsen, a 41-year-old Mormon who worked until September as a senior portfolio manager at the church’s investment division, a company named Ensign Peak Advisors that is based near the church’s headquarters. Nonprofit organizations, including religious groups, are exempted in the United States from paying taxes on their income. Ensign is registered with authorities as a supporting organization and integrated auxiliary of the Mormon Church. This permits it to operate as a nonprofit and to make money largely free from U.S. taxes. The exemption requires that Ensign operate exclusively for religious, educational or other charitable purposes, a condition that Nielsen says the firm has not met. In a declaration signed under penalty of perjury, Nielsen urges the IRS to strip the nonprofit of its tax-exempt status and alleges that Ensign could owe billions in taxes. He is seeking a reward from the IRS, which offers whistleblowers a cut of unpaid taxes that it recovers. Nielsen did not respond to repeated phone calls and emails seeking comment. His twin brother, Lars P. Nielsen, provided a copy of the complaint to The Post, along with dozens of supporting documents. Lars Nielsen, a health-care consultant in Minnesota, said he prepared the complaint with his brother and helped him submit it to the IRS. Lars Nielsen said in a statement to The Post that his brother asked him to write an exposé on his former employer. “Having seen tens of billions in contributions and scores more in investment returns come in, and having seen nothing except two unlawful distributions to for-profit concerns go out, he was dejected beyond words, and so was I,” Lars Nielsen wrote. He said he was coming forward without his brother’s approval because he believed the information was too important to remain confidential. “I know that sometimes newspapers use anonymous sources,” he said. “But that is usually not best for a story.”

 

In remarks last year, a high-ranking cleric in the church, Bishop Gérald Caussé, said it “pays taxes on any income it derives from revenue-producing activities that are regularly carried on and are not substantially related to its tax-exempt purposes.” The church typically collects about $7 billion each year in contributions from members, according to the complaint. Mormons, like members of some other faith groups, are asked to contribute 10 percent of their income to the church, a practice known as tithing. While about $6 billion of that income is used to cover annual operating costs, the remaining $1 billion or so is transferred to Ensign, which plows some into an investment portfolio to generate returns, according to the complaint. Based on internal accounting documents from February 2018, the complaint estimates the portfolio has grown in value from $12 billion in 1997, when Ensign was formed, to about $100 billion today.

Anonymous ID: 56e583 Dec. 21, 2019, 4:39 p.m. No.7584743   🗄️.is 🔗kun

>>7584732

 

Mormon Church has misled members on $100 billion tax-exempt investment fund, whistleblower alleges

 

Sauce: https://www.msn.com/en-us/news/us/mormon-church-has-misled-members-on-100-billion-tax-exempt-investment-fund-whistleblower-alleges/ar-BBY44Kd?li=BBnbcA0

Anonymous ID: 56e583 Dec. 21, 2019, 5:04 p.m. No.7584928   🗄️.is 🔗kun   >>5091 >>5200 >>5295

‘They put a few coins in your hands to drop a baby in you’ – 265 stories of Haitian children abandoned by UN fathers

 

Marie* was 14 years old and enrolled in a Christian school when she met and became involved with Miguel, a Brazilian soldier working in Haiti as a UN peacekeeper. When she told him that she was pregnant with his baby, Miguel said he would help her with the child. But instead, he returned to Brazil. Marie wrote to him on Facebook but he never responded. After learning that she was pregnant, Marie’s father forced her to leave the family home and she went to live with her sister. Her child is now four and Marie has yet to receive any support from the Brazilian military, an NGO, the UN or the Haitian state. Marie provides what she can for her son but she cannot afford to send him to school. She works for an hourly wage of 25 gourde (around 26 US cents or 20 UK pence) so that she and her son can eat. But she needs help with housing and paying for school fees. Sadly, Marie’s experience is far from unique. In the summer of 2017, our research team interviewed approximately 2,500 Haitians about the experiences of local women and girls living in communities that host peace support operations. Of those, 265 told stories that featured children fathered by UN personnel. That 10% of those interviewed mentioned such children highlights just how common such stories really are. The narratives reveal how girls as young as 11 were sexually abused and impregnated by peacekeepers and then, as one man put it, “left in misery” to raise their children alone, often because the fathers are repatriated once the pregnancy becomes known. Mothers such as Marie are then left to raise the children in settings of extreme poverty and disadvantage, with most receiving no assistance.

 

Mired in controversy The UN Stabilisation Mission in Haiti (MINUSTAH) – the longest running mission by the organisation in the country (2004-2017) – was originally mandated to assist local Haitian institutions in a context of political instability and organised crime. Its mandate was then extended due to natural disasters, most notably an earthquake in 2010 and Hurricane Matthew in 2016, both of which added to the volatility of the political situation in the country. After 13 years of operation, MINUSTAH closed in October 2017, transitioning to the smaller UN Mission for Justice Support in Haiti (MINUJUSTH). MINUSTAH is one of the most controversial UN missions ever. It has been the focus of extensive allegations of sexual exploitation and abuse. A shocking number of uniformed and non-uniformed peacekeeping personnel have been linked to human rights abuses including sexual exploitation, rape, and even unlawful deaths. (For the purposes of this article, we use MINUSTAH personnel, agents, and peacekeepers interchangeably to refer to uniformed and non-uniformed foreign staff associated with MINUSTAH.)

 

With regard to public health, it is undisputed, and now officially recognised by the UN, that peacekeepers also inadvertently introduced cholera to Haiti. More than 800,000 Haitians are known to have sought medical attention for cholera and at least 10,000 died from the disease. Various media organisations have reported that minors were offered food and small amounts of cash to have sex with UN personnel, and MINUSTAH was linked to a sex ring that operated in Haiti with seeming impunity: allegedly, at least 134 Sri Lankan peacekeepers exploited nine children in a sex ring from 2004 to 2007. As a result of this story, reported by the Associated Press in 2017, MINUSTAH became a classic example of lack of appropriate response to allegations of sexual abuse. In the wake of this report, 114 peacekeepers were returned to Sri Lanka, but none were ever prosecuted or charged after repatriation. Extensive research has demonstrated that children born of war are often raised in single-parent families in precarious economic post-conflict settings. The association with the (absent) foreign father, along with birth out of wedlock, often result in stigma and discrimination for the children. Yet little is known about the impact of being a mixed-race child fathered by peacekeepers. Even less is known about the experiences of the so-called “Petit MINUSTAH”, or Haitian-born children of foreign UN peacekeepers. This is one of the reasons we set out to bring to light the stories of those affected by the UN mission.

 

https://theconversation.com/they-put-a-few-coins-in-your-hands-to-drop-a-baby-in-you-265-stories-of-haitian-children-abandoned-by-un-fathers-114854

Anonymous ID: 56e583 Dec. 21, 2019, 5:19 p.m. No.7585028   🗄️.is 🔗kun   >>5055 >>5064

>>7584950

 

Familiarize yourself with the process..and report back to us later.

 

Impeachment

 

Chapter 1: The Senate's Impeachment Role

Chapter 2: Historical Development

Chapter 3: Influential Impeachment Cases

Chapter 4: Senate Impeachment Trials

 

https://www.cop.senate.gov/artandhistory/history/common/briefing/Senate_Impeachment_Role.htm

Anonymous ID: 56e583 Dec. 21, 2019, 5:27 p.m. No.7585099   🗄️.is 🔗kun   >>5116

>>7585064

 

>If you have a relevant section that confirms your position, post it. No one is going to read that. We are in unchartered territory with Nan holding the shit. SCOTUS May need to clarify.

 

Frankly the laziest attitude one has ever heard…you are given tools and yet refuse to use them.

Anonymous ID: 56e583 Dec. 21, 2019, 5:34 p.m. No.7585139   🗄️.is 🔗kun   >>5183

>>7585116

No actually I am not…I spend a lot of time reading..I for the life of can't understand, why someone would suggest the someone else should form your opinion..Direction was provided, if you don't like that one..which is directly from the senate..then find one you like. It is not up to anyone to form anyone else's opinions..Think for yourself…Other wise my statement stands!

Anonymous ID: 56e583 Dec. 21, 2019, 5:58 p.m. No.7585267   🗄️.is 🔗kun   >>5306

>>7585183

 

>Is English your first language? And what’s up with all the …and…more…’s? And again, still not addressing my previous points or proving yours. Deflection and projection, very marxist of you.

 

Here's the refresher:

>7585139 (my reply)

>No actually I am not…I spend a lot of time reading..I for the life of can't understand, why someone would suggest the someone else should form your opinion..Direction was provided, if you don't like that one..which is directly from the senate..then find one you like. It is not up to anyone to form anyone else's opinions..Think for yourself…Other wise my statement stands!

 

>>7585116

>Nope. You’re a shill trying to make anons go chase shit that’s worthless. Senate rules or process don’t mean shit since it’s not in the Senate’s hands. Try addressing my other points faggot. You DO READ, remember.

 

>7585099 (me)

>>If you have a relevant section that confirms your position, post it. No one is going to read that. We are in unchartered territory with Nan holding the shit. SCOTUS May need to clarify.

>

>Frankly the laziest attitude one has ever heard…you are given tools and yet refuse to use them.

 

>7585064 (your reply)

>If you have a relevant section that confirms your position, post it. No one is going to read that. We are in unchartered territory with Nan holding the shit. SCOTUS May need to clarify.

 

>7585028 (OP)

>Familiarize yourself with the process..and report back to us later.

>

>Impeachment

>

>Chapter 1: The Senate's Impeachment Role

>

>Chapter 2: Historical Development

>

>Chapter 3: Influential Impeachment Cases

>

>Chapter 4: Senate Impeachment Trials

>

>https://www.cop.senate.gov/artandhistory/history/common/briefing/Senate_Impeachment_Role.htm

 

I did answer your question. You just don't like answer and that I am not doing the work for you. You would rather be critical of fast typing that wasn't edited before posting. Says more about you than me.

Anonymous ID: 56e583 Dec. 21, 2019, 6:09 p.m. No.7585365   🗄️.is 🔗kun

>>7585306

 

So it would seem that you don't think the process would be there…think and read for yourself.

 

>7584950

 

>Not impeached until articles submitted to Senate.