$100B In Mormon Till Does Not Merit IRS Attention
Well, it’s interesting to see Mormons back in the tax news. The Washington Post has a story about a whistleblower’s disclosures to the IRS that Ensign Peak Advisors, Inc, founded in 1997, has accumulated over $100 billion in assets without ever making any charitable distributions. The only two outflows appear to have been to bail out failing investments.
SALT LAKE CITY, UT – DECEMBER 17: A…
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