It might come as a surprise to some that the LDS Church has a high stake invested in many different business ventures. Here's a comprehensive list of the businesses the LDS Church Corporation owns:
Deseret Management Corporation - http://www.deseretmanagement.com/
Beneficial Financial Group - http://www.beneficialfinancialgroup.com/
Bonneville International - http://www.bonnint.com/
Bonneville Communications - http://www.bonneville.com/
Bonneville Interactive Services Bonneville Satellite - http://www.bonnevillesatellite.com/
35 Radio Stations 1 Television Station (KSL)
Deseret Book - http://deseretbook.com/
Excel Entertainment - http://www.xelent.com/
Deseret Morning News - http://deseretnews.com/dn
Hawaii Reserves - http://www.hawaiireserves.com/
Polynesian Cultural Center (PCC) - http://www.polynesia.com/
http://www.polynesia.co.jp/ La'ie Shopping Center La'ie Park La'ie Cemetary Hukilau Beach Park La'ie Water Company La'ie Treatment Works (sewer) Mstar.net - http://www.mstar.net/preportal/index.asp
Temple Square Hospitality - http://www.htsc.net/ and http://www.hoteltsc.com/
Weddings (JSMB and Lion House) The Inn at Temple Square - http://www.diningattemplesquare.com/
Lion House Pantry - http://www.diningattemplesquare.com/
The Roof Restaurant - http://www.diningattemplesquare.com/
The Garden Restaurant - http://www.diningattemplesquare.com/
Passages Restaurant - http://www.diningattemplesquare.com/
Zions Securities Corporation - http://www.zsc.com/
Farm Management Corporation (commericial farms and agricultural properties) Deseret Land and Livestock 200,000 acres of land in Rich, Morgan and Weber counties (Utah) Sun Ranch (Martin's Cove) Deseret Ranches of Florida (Orlando) (largest ranch in Florida) Deseret Farms of California Rolling Hills (Idaho) West Hills Orchards (Elberta, Utah) Cactus Lane Ranch (Arizona) (more) Corporation of the Presiding Bishop of the Church of Jesus Christ of Latter-day Saints (CPB) Corporation of the President of the Church of Jesus Christ of Latter-day Saints Deseret Trust Company LDS Family Services Property Reserves Inc.
(PRI) Ensign Peak Advisors - http://www.imno.org/articles.asp?qid=123
Deseret Mutual Benefit Administrators (DMBA) - http://www.dmba.com/
Brigham Young University (BYU) - http://home.byu.edu/webapp/home/index.jsp
BYU - Idaho - http://www.byui.edu/
BYU - Hawaii - http://www.byuh.edu/index.jsp
LDS Business College - http://www.ldsbc.edu/
Deseret Trust is a primary branch in the business of accepting real estate as a contribution to the church. Here's their website for more information: http://www.lds.org/deserettrust/realestate.html
Edited November 2nd, 2010 to add the following:
So what's the big deal with a church owning so many businesses? Well, corporatism has underminded and subverted the Church of Jesus Christ! How so? I leave that to blogger Alan Rock Waterman who reviews the issues following the release of a new Book, "The Book of Mammon: A Book About A Book About The Corporation That Owns The Mormons."
Wait till you read the following gem:
ARTICLES OF INCORPORATION
CORPORATION OF THE PRESIDENT OF THE CHURCH OF JESUS
CHRIST OF LATTER-DAY SAINTS.
According to Alan Rock Waterman in his blogpost, under the corporation sole, the head could tell the feet to go take a hike. The president of the church could do whatever the hell he wanted with the member's money without asking permission from the members whatsoever. It's spelled out right there in the charter. The president of the corporation needs no authorization from any mere member of the Lord's church. No show of hands, no vote, no “all in favor please manifest.” Like the Pope, his power is absolute. He is the Sole Brother.
Also written into the charter of the Corporation of the President as amended was how the line of succession was to operate within the Church. In order for there to be no question as to who held the purse strings following the death of the president (the “Sole” in a ”Sole Corporation”), the Senior Apostle automatically becomes the next president of the Corporation.
You thought somehow God maneuvered certain chosen men into these callings over the years so that they would one day be at the head of the line at the exact moment when God was ready to call them as the next prophet? You are so naïve.