Recent news reports of a $100 billion investment portfolio amassed by The Church of Jesus Christ of Latter-day Saints have focused attention once again on the subject of Mormon wealth.
Whether the Utah-based faith may have violated tax laws — as some allege and church officials deny — is just one issue. The deeper questions may be: How much is too much for a church to hold in reserve? How much should members and others know about the faith’s finances? And should all churches be required to be more open about their money?
Nathan Oman, the Rollins Professor of Law at William & Mary Law School who is writing a book on Mormon legal history, addresses those questions and more in this week’s podcast.