Since the Church seems to not have a clue on what to do with all its money, let’s help them out and crowdsource some ideas on how to spend $100 Billion. Let’s keep is simple, and not try to solve world hunger, although it is possible that $100 Billion could put a substantial dent in it. Let’s look at simple, relatively low cost (say under 1-2 billion) things the Church could do that would make a real difference in people’s lives, and as an added bonus, bring good PR to the Church.

I’ll go first. Mine are USA-centric because that’s were I live. For my readers outside the US, how could the money help your country?

  1. When I was bishop, there was a limit on how much fast offering funds I could give a ward member for medical. Today the limit is $10,000 with the Stake President’s permission. For the USA and our broken health care system, then will pay for a visit to the ER and maybe an aspirin. What if the Church raised it to $50,000? This could make a huge difference in people’s lives. Up to 2/3 of all bankruptcies in the US are attributed to medical bills. Even if there was one person per unit in the US that needed this help (which is probably way over), the total cost to the church would be 15, 000 units X $50,000 = 0.75 billion.
  2. How about something that benefits not only members, but non-members? Everyday a child dies from a house fire in the USA. Lets purchase a smoke and carbon dioxide alarm for every house in the USA. Cut a deal with the manufacturers, make a big deal of it, and get them installed. A rough calculation on number of houses (most already have one) and cost of alarms plus installation would be $2.5 billion. Think of all the goodwill and good PR the church would get.

I ask ChatGTP the same question and got the following list

  1. Education Initiatives: Create scholarship programs or educational grants to help underprivileged students, both within the Mormon community and beyond. Funding for vocational training, higher education, and skill development could open doors for individuals who might not have access to quality education.
  2. Global Humanitarian Aid: Use the funds to provide immediate relief during natural disasters, conflicts, and other crises. Establish partnerships with established humanitarian organizations to efficiently distribute aid and assistance to affected communities worldwide.
  3. Healthcare Accessibility: Collaborate with medical institutions and nonprofit organizations to improve healthcare access for underserved populations. This could involve setting up clinics, providing free medical camps, or supporting research for diseases that disproportionately affect marginalized communities.
  4. Mental Health Support: Create mental health awareness programs, hotlines, and resources that cater to both the Mormon community and the general public. Addressing mental health issues openly and providing support could destigmatize the topic and offer crucial assistance to those in need.
  5. Affordable Housing Initiatives: Invest in affordable housing projects to help individuals and families struggling with housing costs. Partner with local governments, NGOs, and experts to develop sustainable housing solutions for vulnerable populations.
  6. Clean Water and Sanitation Projects: Fund projects that aim to provide clean drinking water and improved sanitation facilities in areas lacking access to these basic necessities. Clean water initiatives can significantly improve health and quality of life.
  7. Job Training and Entrepreneurship Programs: Create training programs and resources that equip people with valuable skills for employment or starting their own businesses. This could empower individuals to become self-reliant and contribute positively to their communities.
  8. Support for Disadvantaged Children: Establish programs that focus on improving the lives of orphaned, abandoned, or economically disadvantaged children. Providing shelter, education, and emotional support can make a significant impact on these young lives.
  9. Environmental Conservation Projects: Invest in projects that promote sustainability, environmental awareness, and conservation. Initiatives like reforestation, clean energy adoption, and waste reduction can benefit both local communities and the planet.
  10. Crisis Intervention and Counseling Services: Develop comprehensive crisis intervention programs, including counseling and support services for individuals facing challenges such as addiction, domestic violence, or personal crises.

Now it’s your turn. Think outside the box on how to spend 1-2 billion dollars (or Pounds, or Euros, or Pasos). Remember, that 1-2 billion from the church’s Ensign Peak funds is less that what they earn a year on interest.