The Church of Jesus Christ of Latter-day Saints, commonly referred to as the Mormon Church, responded Tuesday to a recently filed whistleblower complaint that accuses the church of stockpiling $100 billion in accounts intended for charitable works, misleading members and avoiding taxes.
Mormon Church accused of stockpiling billions, avoiding taxes
Whistleblower complaint to the IRS (78pgs)
Youtube video with a summary of the complaint
Seems like a non profit with that much capital should be considered a business. LDS Church discloses the $37.8 billion stock portfolio of its biggest investment fund