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PearliePoo2

(7,768 posts)
Sat Sep 22, 2012, 08:08 AM Sep 2012

All this gushing and "aaahing" about RMoney's very generous $$$ to "charity".

Found this on Yahoo:

"The Romneys' tax bill could have been lower. They gave $2.6 million in cash to the Church of Jesus Christ of Latter-day Saints, the documents show. They gave just over $2 million in non-cash charitable contributions — including donations of stock holdings in Domino's Pizza, Dunkin Donuts and Warner Chilcott — to a family trust."

Just as I expected....kept their so-called charity "in church" and in family.

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All this gushing and "aaahing" about RMoney's very generous $$$ to "charity". (Original Post) PearliePoo2 Sep 2012 OP
church and family is not the same as charity 2pooped2pop Sep 2012 #1
Its always a tax scam with these rich folks... rfranklin Sep 2012 #2
Rmoney gives to himself and calls it charity C_U_L8R Sep 2012 #3
Charity begins at home jberryhill Sep 2012 #5
Giving more money to your already rich kids Ilsa Sep 2012 #4
Those stock holdings...are those companies LDS owned? PearliePoo2 Sep 2012 #6
Brief Google searches would indicate that they all are, yes. nt justiceischeap Sep 2012 #10
It is sure not the Bill and Melinda Gates Foundation Drahthaardogs Sep 2012 #7
tithing isn't charity ibegurpard Sep 2012 #8
its a tax deduction, nothing more spanone Sep 2012 #9
 

rfranklin

(13,200 posts)
2. Its always a tax scam with these rich folks...
Sat Sep 22, 2012, 08:10 AM
Sep 2012

The family trust is probably tasked with taking care of the children of former Mormon governors of Massachussets.

C_U_L8R

(45,002 posts)
3. Rmoney gives to himself and calls it charity
Sat Sep 22, 2012, 08:13 AM
Sep 2012

What's next... The Refalca Foundation ??

Rmoney's giving always looked to be very self-serving.
And Rmoney never makes an investment without
expecting to make a big profit.

Ilsa

(61,695 posts)
4. Giving more money to your already rich kids
Sat Sep 22, 2012, 08:15 AM
Sep 2012

Isn't much in the way of charity.

I guess the LDS church might have some public charity work, but I'm not familiar with it, other than the food pantries, which usually requires you to have a church member sponsor you.

PearliePoo2

(7,768 posts)
6. Those stock holdings...are those companies LDS owned?
Sat Sep 22, 2012, 08:17 AM
Sep 2012

Seems like the Mormon church is more corporation than church.

Drahthaardogs

(6,843 posts)
7. It is sure not the Bill and Melinda Gates Foundation
Sat Sep 22, 2012, 08:25 AM
Sep 2012

It is more like the Latterday Saints and Romney Family Trust Foundation.

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