Can a “religious body, of education, assistance and charity” invest in a fund based in a tax haven? Or be the beneficiary of the shares of companies that sell weapons? To answer these questions, Fanpage.it carried out an investigation into the finances of the Watchtower Society, the establishment of Jehovah's Witnesses to promote their religious work in 240 Countries in the world.
What the Watch Tower Bible and Tract Society of Pennsylvania have in common, the establishment of Jehovah's Witnesses to further their worldwide work, it's at JP Morgan, the largest bank in the world? Can a “religious body, of education, assistance and charity” invest in a fund based in a tax haven? Who has the task of spiritually instructing, can be the beneficiary of the shares of companies that sell weapons? To answer these questions, Fanpage.it carried out an investigation into the finances of the Watchtower Society (in English, Watch Tower Bible and Tract Society of Pennsylvania), the non-profit organization established in 1884 in the United States and presided over by a Governing Body of 8 members, the “faithful and wise slave”. The Watchtower Society has among its objectives the editorial activity with the publication of Bibles (circa 220 million copies) and other religious texts, education, assistance and charity. The head office is located in Warwick, in New York State, where the various congregations of Jehovah's Witnesses send reports on the preaching work of more than eight and a half million members, present in 240 Villages. Alongside these religious and charitable purposes, but, There is another less well-known aspect: from accounting documents, Indeed, it emerges that the Watchtower has made financial investments in JP Morgan; benefited from shares of companies that sell weapons; not to mention the income from a fund in a tax haven or the huge profits from the sale of real estate in New York. All these activities, perfectly legal, are largely unknown to the faithful.
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source – https://www.fanpage.it/testimoni-di-geova-s-p-a-un-fiume-di-soldi-dietro-la-fede-conti-segreti-e-fondi-speculativi/