Corporate Structure of the
LDS Church
Back to
Mormon Quotes
Index
“It might seem
strange, almost slightly blasphemous, to refer to a
church as a corporation, but the analogy here is simply inescapable.
The Church is undeniably corporate.”
-
Jeffery Kaye, “An Invisible Empire: Mormon Money in
California,” New
West, May 8, 1978,
p. 39
“The business
involvement which we have is a very, very minor part of
our activity... We try to operate the few – and I emphasize that – the
few business interests that we do have in a business-like prudent way,
as any prudent business corporation would do, and use them for public
good.”
-
Prophet Gordon B. Hinckley, quoted in Ken Wells,
“The Mormon Church is Rich, Rapidly Growing and Very Controversial,” Wall
Street Journal,
November 9, 1983, p. 1
“But, in fact, the LDS
Church has considerably more than a few business
interests. The Church’s investments are enormous, constantly shifting
to take advantage of profit margins in the stock market, and highly
diversified. The Church runs a virtual business empire, with assets
close to $8 billion by conservative estimates. These Church operations
have been run basically for their economic returns and not necessarily
for the public good.”
-
John Heinerman and Anson Shule, The Mormon
Corporate Empire,
p. 76, 1985
“Among the Mormons,
things temporal have always been important along
with things eternal, for salvation in this world and the next is seen
as one and the same continuing process of endless growth. Building
Zion, a literal Kingdom of God on earth, has therefore meant an
identity of religious and economic values: in the daily affairs of the
Kingdom, Latter-day Saint scriptures call for unity, welfare, and
economic independence.”
-
Leonard J. Arrington, LDS historian, “Zion’s Board
of Trade: A Third United Order,” Western Humanities Review, v.
5, p. 1, Winter 1950-51
“Over a fifteen-year
period [in the late 1800s], in what is known as
the Cooperative Movement, the Mormons constructed over 200 miles of
territorial railroad, a $300,00 woolen mill, a large cotton factory, a
wholesale-retail concern with sales of $6,000,000 a year, more than 150
local general stores, and at least 500 local cooperative manufacturing
and service enterprises... The most controversial aspect of this
movement was the policy of expecting Latter-day Saints to give
exclusive patronage to these church-and cooperatively-sponsored
enterprises.”
-
Leonard J. Arrington, LDS Historian, From
Wilderness to Empire: The Role of Utah in Western Economic History,
monograph no. 1, University of Utah Institute of American Studies,
1961, p. 16
The Edmunds-Tucker Act
was passed in Congress in 1887 to attempt to
break up the Mormon business conglomerate.
“In much the same way
the federal government is burdened with
bureaucracy, the Mormon church is stacked with tier after tier of
quorum, committee and council. The rapid growth of the church has
created a need for ‘civil service’ – thousands of managers, attorneys,
clerks, historians, teachers, and architects working for the kingdom...
“One effect of the
church civil service is the ‘palace guard’ effect.
The middle-level bureaucracy has the power to dilute the effect of the
church president. Full-time employees sift through all recommendations
that come in to church leaders, as well as all directives that come
out. They often speak ‘on behalf of the brethren’ and make decisions
that members believe are sanctioned by the church leadership.”
-
Fred C. Esplin, “The Saints Go March On,” Utah
Holiday, June
1981, p. 48