Complete list of how "The Watchtower" make money

by usualusername 19 Replies latest jw friends

  • restrangled
    restrangled

    pfft...loaning money at an old age.....you make interest as long as you are..... alive...thankfully regulated by the governement......Oh my, my mom has made almost all of her money back but the principle belongs to the wbts. quote " the best investment she ever made". .......yep she comes out even and its the best money she ever made. Relgion sucks!

  • Beth Sarim
    Beth Sarim

    a billion dollars in just a few months, mind boggling

  • LostGeneration
    LostGeneration

    Suggested 'donations' built into every assembly. How else would a one day assembly in a free and clear assembly hall cost $10,000?

    The hotels on the convention list either kick back cash or rooms for the head honchos.

    Already mentioned, but the real estate decisions that will be made in the next two decades will tell us exactly what all of this monkey business is about with forced monthy contributions. Lets see if they really reinvest in their properties of if they sell out the profitable halls from under the publishers and start cramming four, five, six congos into a building.

  • Finkelstein
    Finkelstein

    Lets not forget the donational push and prodding that you see such as pamphlets stating how one

    can donate their last will to the organization.

    They even put ATM machines at Assembly Halls so that you can withdraw cash to put into the

    contribution boxes.

  • Magnum
    Magnum

    The disaster relief scam. They repair houses and get the insurance checks. All the labor is free, and often, that is the biggest expense on a job. So they have hundreds and hundreds of skilled and unskilled labor working for free and they pocket the money. They don't even pay food, lodging, or transportation for the laborers. The materials they use are bought in bulk at a discount and some may even be donated.

    A constructon company that was paying labor would make a profit, so you can imagine the profit the org makes.

  • villagegirl
    villagegirl

    Celebs Airplane - Notice how none of this money is to feed the hungry, shelter the homeless,

    provide medical help, clothing or basic necessities to anyone ? " I was hungry and you fed me,

    naked and you clothed me, sick and you visited me, homeless and you took me in ".... Gee I wonder

    who said that ? But that applies to helping the GB print magazines ? Really ?

  • nonjwspouse
    nonjwspouse

    Here is one that I hope is researched more. The Society for the Advancement of Blood Managment is pepperd with and created by JWs.

    The WT provies a large population of willing human participants in experimentation. That is at least one influence. How much $$$ is gained from this SABM?

    Farmer and Shandler and Richard Melseth.... This is under the radar, but it is under massive influence from the WT.

    (Thank you birdwoman2 in the yuku forum for tirelessly researching this topic. )

  • Splash
    Splash

    KHAA - Kingdom Hall Assistance Arrangement

    TOAA - Travelling Overseer's Assistance Arrangement (which goes towards all their iPads)

    Monthly contributions to the local assembly halls

    Monthly contributions to the District Convention funds

  • clarity
    clarity

    They make this plea pretty much every November!

    *

    Ways in Which Some Choose to Give

    CONTRIBUTIONS TO THE WORLDWIDE WORK

    Many 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 Watch Tower Bible and Tract Society of Pennsylvania, c/o Office of the Secretary and Treasurer, 25 Columbia Heights, Brooklyn, New York 11202-2483, or to the branch office that serves your country. Checks should be made payable to "Watch Tower." Jewelry or other valuables may be donated as well. A brief letter stating that such is an outright gift should accompany these contributions.

    CONDITIONAL-DONATION ARRANGEMENT

    Money may be donated under a special arrangement in which, should the donor request it, the donation may be returned to him. For more information, please contact the Office of the Secretary and Treasurer at the address noted above.

    CHARITABLE PLANNING

    In addition to outright gifts of money and conditional donations of money, there are other methods of giving to benefit Kingdom service worldwide. These include:
    Insurance: The Watch Tower Society may be named as the beneficiary of a life insurance policy or a retirement/pension plan.
    Bank Accounts: Bank accounts, certificates of deposit, or individual retirement accounts may be placed in trust for or made payable on death to the Watch Tower Society, in accord with local bank requirements.
    Stocks and Bonds: Stocks and bonds may be donated to the Watch Tower Society as an outright gift.
    Real Estate: Salable real estate may be dontated 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.
    Gift Annuity: A gift annuity is an arrangement whereby one transfers money or securities to the Watch Tower Society. 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 the year the gift annuity is established.

    Wills and Trusts:

    Property or money may be bequeathed to the Watch Tower Society by means of a legally executed will, or the Watch Society 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 Charitable Planning to Benefit Kingdom Service Worldwide. The brochure was written in response to the many inquiries received regarding gifts, wills, and trusts. It also contains additional useful information on estate, financial, and tax planning. It informs individuals of 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 advisors and the Charitable Planning Office, many have been able to assists Jehovah's Witnesses worldwide and, at the same time, maximize their tax benefits of 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 at the office of Jehovah's Witnesses that serves your country.

    Charitable Planning Office
    Watch Tower Bible and Tract Society of Pennsylvania
    100 Watchtower Drive
    Patterson, New York 12563-9204
    Telephone: (845) 306-0707

  • nonjwspouse
    nonjwspouse

    Has anyone donated conditionally then asked for it back and gotten it?

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