Why RLDS Finances are STILL in Trouble (John Hamer 6 of 6)

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The Community of Christ has sold the Kirtland Temple and several Nauvoo properties to the LDS Church for a jaw-dropping $200 million. But RLDS finances are still shaky! That money is only expected to keep the church afloat for about five years. Historian John Hamer joins us to explain why he thinks the deal could have been much better, why he’s disappointed there are still no openly gay apostles, and to share his brutally honest thoughts on Steven Veazey’s leadership. Stick around—this conversation pulls no punches. John is the co-author of Scattering of the Saints: Schism Within Mormonism. https://youtu.be/F3sTvJCWD3c Don’t miss our other episodes with John Hamer! https://gospeltangents.com/people/john-hamer/ Copyright © 2025 Gospel Tangents All Rights Reserved Deep Dive into the Kirtland Temple Sale & Path Forward The recent sale of the Kirtland Temple sent shockwaves through the Latter Day Saint movement, and for the Community of Christ (formerly RLDS). It highlighted significant and ongoing financial challenges. John Hamer, a Community of Christ historian and Seventy, has offered candid insights into the church's financial state, the controversial temple sale, and his hopes for the future. Kirtland Temple Sale: A "Pittance" and a Crisis of Legitimacy The sale of the Kirtland Temple to the Church of Jesus Christ of Latter-day Saints (LDS Church) for less than $200 million was a deeply troubling event for many in the Community of Christ. John Hamer describes the price as a "pittance," emphasizing that the property's value, particularly in terms of "legitimacy" for the LDS Church, is "priceless" and far exceeds the sale amount. He provocatively suggests that the LDS Church, with its "hundreds of billions of dollars," would not sell the temple for even $200 billion. A major point of contention was the lack of transparency and consultation surrounding the sale. The decision was made "in secret," without any input from the World Conference, the church's "giant legislature". This went against historical precedent, as a previous General Conference had determined that a revelation would be necessary to sell the Kirtland Temple, which had originally been built by revelation. Hamer views the sale as a missed opportunity, stating that it was sold for "a third of what was necessary" for the church to achieve a "sustainable endowment for operations" (which he estimates would have required $600 million.) He suggested that a wealthy family foundation within the Community of Christ could have acquired the assets for the same price, held them as an investment, and then sold them to the LDS Church for a significantly higher amount later, but this option was not considered. Broader RLDS Financial Woes and Leadership Accountability The Kirtland Temple sale is just one symptom of deeper financial struggles within the Community of Christ: Declining Tithing to Headquarters: Over the 20-year tenure of former prophet-president Steve Veazey, "tithing to headquarters... has gone down so precipitously," with only around 6,000 members in the United States and Canada contributing to the world church. Hamer attributes this partly to members feeling their input is ignored when resolutions from the World Conference are ruled "out of order" by the executive leadership. High Operating Costs: The Community of Christ headquarters apparatus costs approximately $2.5 million annually to operate, while its current income is less than $10 million. Unsustainable Endowment: The endowment established to perpetually fund the Independence Temple was, in Hamer's opinion, "invested not like a responsible investor would do" and became "not worth anything" during Veazey's leadership. Unfunded pension obligations also contributed to the financial crisis. Short-Term Fix: The $200 million from the Kirtland Temple sale is projected to sustain headquarters only until "up through 2030," after which "anything goes".

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