They should have a vast amount of savings with all the cut backs they have been making these 6 years.The question is how long will the money stay in the bank before they have to start paying bills with it
pepperheart
JoinedPosts by pepperheart
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42
Watchtower Corp of New York worth over$ 2 billion
by Diogenesister inin the montana sex abuse court case for the first time watchtower has been required by the courts to give a financial statement to the court to assess awards of punitive damages for negligence and (for the first time)malice in non compliance of mandatory reporting laws.. watchtower corp of new york has finances in excess of $2 billion while cc of jw is worth $49 million.
this doesn't include the pensylvania corp or what overseas branches may have.. pretty healthy bank balance by any standards..
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pepperheart
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Venting, Wow, found out just how indoctrinated my wife is
by goingthruthemotions injust had to share this, tonight we had a heated conversation about the religion.
she said everything they teach is 100% true and any mistakes are cleaned up and corrected, that the payouts for the child abuse is not an issue even if its taken from donations.
because, she believe 100% the org knows what its doing.
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pepperheart
oh dear thats not good news but in time they could sell her kingdom hall off
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More Info on the Montana Sex Abuse Decision
by berrygerry incourtesy of a redditor:.
https://missoulian.com/news/state-and-regional/montana-jehovah-s-witness-sex-abuse-case-underscores-church-s/article_fddc41e5-536b-5843-af30-200cc14892d8.html.
montana jehovah's witness sex abuse case underscores church's worldwide reckoning.
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pepperheart
Iknow $2 billion is a lot of money to us but for a multinational company with lots of branches in 3rd world countries that could soon go.I has a look at all the watchtower branches are in the world and i could easily imagine that many are not paying their way.In 2012 the watchtower closed 20 international branch offices down.
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* 2018 Mergers and changes to UK congregations *
by truthseeker ini have a document containing a list of all congregations in the uk.
periodically i go through the links and check to see if they're still registered as charities and if the location of the congregation is the same.. instead of posting a large list of changes all at once, i will be adding each change that i find in a new reply to this thread.. please check back here periodically.. truthseeker.
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pepperheart
This is really good news anything that makes it harder for people to get to a kingdom hall is good
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Is attendance down in your location too?
by StarryNight9 ini was commenting on another thread about how local kh attendance is down.
memorial attendance was also way down and the circuit assembly had hundreds less people than what is typical.
my jw family has even mentioned it.
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pepperheart
They have been making cuts since 2012 when acording to their own website they closed 20 branches around the world down so i dont think its just a short term cash flow thing
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Any word yet on the Annual Meeting?
by careful init's just a week or two away and still no sign of the usual hype?
very strange.... anyone heard anything about it?
perhaps from those still in to some degree or from relatives/friends still in?.
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pepperheart
The cut backs have been going on since 2012 when the watchtower closed down 20 branch offices around the world acording to their own website.Really bad PR for the watchtower to say to all the jws in 20 countries that you are now not worthy enough to have a branch office
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Montana jury awards two women $35M in sex abuse lawsuit against Jehovah's Witnesses
by AndersonsInfo inhttps://missoulian.com/news/local/montana-jury-awards-two-women-m-in-sex-abuse-lawsuit/article_1bcabb7c-7381-574b-a2ba-e011cc0250a6.html.
montana jury awards two women $35m in sex abuse lawsuit against jehovah's witnesses .
a jury in northwestern montana awarded two women $35 million wednesday in their lawsuit against the local jehovah’s witnesses congregation and its worldwide headquarters.. .
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pepperheart
This with all their other bills that the watchtower has to pay will really help to make them short of money
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Any word yet on the Annual Meeting?
by careful init's just a week or two away and still no sign of the usual hype?
very strange.... anyone heard anything about it?
perhaps from those still in to some degree or from relatives/friends still in?.
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pepperheart
if its on the 6th of october then there is only 5 days to go
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Montana jury awards two women $35M in sex abuse lawsuit against Jehovah's Witnesses
by AndersonsInfo inhttps://missoulian.com/news/local/montana-jury-awards-two-women-m-in-sex-abuse-lawsuit/article_1bcabb7c-7381-574b-a2ba-e011cc0250a6.html.
montana jury awards two women $35m in sex abuse lawsuit against jehovah's witnesses .
a jury in northwestern montana awarded two women $35 million wednesday in their lawsuit against the local jehovah’s witnesses congregation and its worldwide headquarters.. .
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pepperheart
The watchtower will have to start selling off even more kindom halls off now, they are really going down the road of being an online cult
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"New Kingdom Halls Being Built Around the World.........."
by The Fall Guy inthat's what a very elderly jw sister said to me this afternoon, in response to all the sell-offs.
i didn't contradict her - she's far too close to the end, but if it had been a younger jw i'd have suggested this:.
"isn't it a pity that the society doesn't have a section on its web site where it could post photographs of all the new kingdom halls that are getting built every week/month?
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pepperheart
Selling off kingdom halls is great because it means the watchtower is becoming more and more a online cult and nothing more