Does anyone know where is the Borg getting their money?

by LovesDubs 2 Replies latest jw friends

  • LovesDubs

    Are they still strong arming people to sign over their estates to the Society?

    Are they renting property or flipping property for profit? and in this econmy... THAT cant be working...?

    Are they selling off unused, downsized kingdom halls?

    Are they still doing the GIVE MORE TO THE CONTRIBUTION BOXES talks at assemblies and halls?

    Do they actually collect any money back at all for literature placed?

    Did they cut back on what they "pay" Bethel workers from $3.20 a month to $1.57?

    Most of the new members are from POOR nations looking for relief from this system...they arent getting money there...and the Americans aint coughing it up.


  • Lady Lee
    Lady Lee

    There is reason why the WTS has split into dozens of organizations. I suspect they are spreading the wealth amongst the various org. And I bet they have been stockpiling the $$$$ in investments and whatever else they can do to hide the money

  • blondie

    Individual donations direct to the WTS.

    Contributions to the worldwide work in boxes at the KH.

    Contributions by individual congregations to the WTS.

    Individual contributions at assemblies/conventions.

    Sale of WTS property.

    Interest on invested funds

    This might help, article appears every November in the WT.

    *** w06 11/1 pp. 20-21 Unitedly Building to Praise God ***


    CONTRIBUTIONS TO THE WORLDWIDE WORKMany set aside, or budget, an amount that they place in the contribution boxes labeled "Contributions for the Worldwide Work—Matthew 24:14."

    Each month, congregations forward these amounts to the office of Jehovah’s Witnesses that serves their respective countries. Voluntary donations of money may also be sent directly to WatchTowerBibleandTractSocietyofPennsylvania,AttentionTreasurer’sOffice,25ColumbiaHeights,Brooklyn,NewYork11201-2483, or to the branch office of Jehovah’s Witnesses that serves your country. Checks sent to the above address should be made payable to "Watch Tower." Jewelry or other valuables may be donated as well. A brief letter stating that such items are an outright gift should accompany these contributions.



    Money may be placed in trust with Watch Tower for use worldwide. However, upon request the funds will be returned. For more information, please contact the Treasurer’s Office at the address noted above.



    In addition to outright gifts of money, there are other methods of giving to benefit Kingdom service worldwide. These include:


    Watch Tower may be named as the beneficiary of a life insurance policy or a retirement/pension plan.


    Accounts: Bank accounts, certificates of deposit, or individual retirement accounts may be placed in trust for or made payable on death to Watch Tower, in accord with local bank requirements.


    andBonds: Stocks and bonds may be donated to Watch Tower as an outright gift.


    Estate: Salable real estate may be donated either by making an outright gift or, in the case of residential property, by reserving a life estate to the donor, who can continue to live therein during his or her lifetime. Contact the branch office in your country before deeding any real estate.


    Annuity: A gift annuity is an arrangement whereby one transfers money or securities to a designated corporation that is used by Jehovah’s Witnesses. In exchange, the donor, or someone designated by the donor, receives a specified annuity payment every year for life. The donor receives an income-tax deduction for the year in which the gift annuity is established.


    andTrusts: Property or money may be bequeathed to Watch Tower by means of a legally executed will, or Watch Tower may be named as beneficiary of a trust agreement. A trust benefiting a religious organization may provide certain tax advantages.

    As the term "charitable planning" implies, these types of donations typically require some planning on the part of the donor. To assist individuals desiring to benefit the worldwide work of Jehovah’s Witnesses through some form of charitable planning, a brochure has been prepared in English and Spanish entitled CharitablePlanningtoBenefitKingdomServiceWorldwide. The brochure was written to provide information on a variety of ways that gifts may be made either now or through a bequest at death. After reading the brochure and conferring with their own legal or tax advisers, many have been able to help support the religious and humanitarian activities of Jehovah’s Witnesses worldwide and maximize their tax benefits while doing so. This brochure may be obtained by requesting a copy directly from the Charitable Planning Office.

    For more information, you may contact the Charitable Planning Office, either in writing or by telephone, at the address listed below, or you may contact the branch office of Jehovah’s Witnesses that serves your country.



    Watch Tower Bible and Tract Society of Pennsylvania

    100 Watchtower Drive

    Patterson, New York 12563-9204

    Telephone: (845) 306-0707

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