The Truth Behind the Church’s $100 Billion+ Fund E0027

What lies behind the financial success of The Church of Jesus Christ of Latter-day Saints? Church Historian Casey Griffiths seeks to challenge common assumptions—that the Church's wealth is secretive, excessive, and mismanaged. He helps us understand that the Law of Consecration, a principle rooted in unity and faith, is the cornerstone of its financial practices, guiding its mission and humanitarian efforts worldwide.

We discuss common misconceptions, the balance between saving and giving, and why the Church operates differently from other religious organizations. If you’ve ever wondered where tithing funds go, why the Church invests in businesses, or how financial decisions align with spiritual principles, this conversation is for you.

🔹 Why does the Church save so much money?
🔹 What is the law of consecration?
🔹 How do Latter-day Saints view wealth and giving?
🔹 What does the Church actually spend its money on?
🔹 Do church leaders get paid?

00:00 - Introduction
01:00 - Institutional Mistrust and Why Does the Church Have a Financial Reserve?
06:30 - The Church’s Approach to Finances
10:45 - Why the Church Builds Temples
15:20 - Understanding the Law of Consecration
20:10 - Do Latter-day Saints Still Live Consecration?
25:30 - Tithing vs. Consecration—What’s the Difference?
30:45 - How the Church Uses Its Financial Reserves
36:15 - Responding to the claim that the Church doesn’t help the poor.
41:30 - The Church’s Role in Humanitarian Aid & Education
48:00 - The Polynesian Cultural Center—Why Does the Church Own a Theme Park?
54:15 - Are Church Leaders Paid?
1:00:00 - How the Church Organizes Resources to Help the Poor
1:06:45 - The Connection Between Temples and Consecration
1:12:30 - Early Church History & Financial Principles Today
1:18:00 - How the Church Prepares for Future Needs
1:24:15 - The Power of Community in the Gospel
1:30:00 - Final Thoughts—The Mission Behind Church Finances

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Disclaimer:
THE OPINIONS EXPRESSED REPRESENT THE VIEWS OF THE INDIVIDUAL CREATORS AND GUESTS ALONE AND DO NOT NECESSARILY REPRESENT THE OFFICIAL POSITION OF SCRIPTURE CENTRAL OR THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS.