mnil: receipted contributions are given with tax benefits attached.
The finances of the JW in Canada
by StephaneLaliberte 15 Replies latest watchtower scandals
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factfinder
Interesting. Thanks!
I wonder when the 2013 report will become available.
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Richard_I
The guy who signed the form, Clayton Hanson, is the teasurer at Canada Bethel, so he knows where all the money is going. I don't think he's part of the branch commitee though.
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mynameislame
receipted contributions are given with tax benefits attached.
Yup, “Pay back Caesar’s things to Caesar , unless you can weasle your way out of it"
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Listener
As of the 1st September, 2011 they set up a new incorporation, called the Regional Building Committee of Jehovah's Witnesses Rego No.810925255 RR 0001.
The purpose of this fund as stated by the JWs is
"Ongoing programs:
Regional Building Committee of Jehovah's Witnesses (RBCJW) builds and maintains places of worship, training schools, and educational facilities that advance and teach the religious tenants, doctrines and observances of Christian congregations of Jehovah's Witnesses. RBCJW works with Watch Tower Bible and Tract Society of Canada and individual congregations of Jehovah's Witnesses by providing expertise, training, and resources to assist them in acquiring, building and maintaining their properties."
The Watch Tower Bible and Tract Society of Canada donated just over $2,000,000 to the Regional Building Comm. This money had originally been sent to the Society by individual congregations.
Not one cent of this money has been donated back to any congregation for building Halls.
It already has nearly $3 million in assets which includes a LONG TERM INVESTMENT of $2 million. It only had $183,000 in expenses in the 2012 year.
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StephaneLaliberte
Listener: That is indeed strange for the least. They already have millions of dollars in the WT organization, why stash that much monney over there? Perhaps they are planning a particular project like a new assembly hall. The WT is obviously making monney in the construction business, so check it out: they will deem that some assembly hall in the country needs expension by assigning a greater number of congregation to it. Then, they will sell the old one and re-invest that monney with interest to the locale JW dubs.