Where's The Money & Why the Secrecy?

by Outaservice 4 Replies latest jw friends

• 

  Outaservice

  Red Flags should go up when any organization you are associated with and supporting is not open about it's money. There are institutions that track the various charities and religious organizations so that people can determine which ones are honest about their finances.

  How does the Watchtower Society fare in this regard? Do you know, or have you ever known, how much they take in, or how much money they have, or even what they do with it totally? Does the 'rank & file' (the supporters) have open access or reveive accountablility from the Society?

  I used to subscribe to THE BROOKLYN HEIGHTS PRESS to find out sometimes how much the Society paid for various properties it purchased in the New York area. But did the Society ever tell us, even when they were seeking loans for big purchases through the various congregations.

  Apparently the secrecy still goes on. Maybe they don't want us to know how much is spent on various court cases defending themselves on such subjects as pedophile claims against them or judgements against them.

  Is it possible that some are running off with the money or hiding it? I only ask as no accounting is available that I know of.

  Think about this the next time you put something in the good ole 'Contribution Box'!

  Outaservice
• 

  AlphaOmega

  They are acountable under UK law - as they are still required to file accounts (depsite their charitable status) because they are a "Limited Company".

  Their accounts are freely available. however, when searching for their accounts, it is worth looking deeply because they are actually split into several companies. "International Bible Students Association" / "Watchtower" etc.

  There are threads on here (last few months) that posted the accounts.

  Have a look on the search. The big surprise to me was the the IBSA made A LOT more profit than the Watchtower.

  I'll try to dig out references to those threads if you have no luck with the search.

  AO
• 

  oompa

  The funny thing about the money is that nobody really wants it because these are really freaking SINCERE!!!! They are wrong as hell, but they are SINCERE. And when they teach a falsehood for say, 60 years or so, no harm no foul, because they SINCERELY though it was the truth at the time.

  sincerely wish I had a raygun....oompa
• 

  jaguarbass

  You ask wise questions, out of service.
• 

  RebelWife

  I'd like these to see what ministrywatch.org would find, if they would look.