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Coffeeshop Chit Chat - Religious org shouldn't become prop devl</TD><TD id=msgunetc noWrap align=right> </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>kojakbt_89 <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>2:58 am </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 3) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>30215.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Mar 17, 2010
Look into investments by religious groups
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IT IS time the authorities looked into the matter of huge donations being received by religious organisations, which are tax-exempt and should, therefore, not be used to invest in commercial properties.
Religious organisations should not become large property conglomerates. They should not be involved in the business world and become commercialised.
Rightfully and morally, the huge funds donated by followers should go towards providing scholarships for deserving bright students from lower-income families or towards building shelters for children from broken homes and so on.
Jeffrey Tan
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Look into investments by religious groups
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<!-- end left side bar --><!-- story content : start -->
IT IS time the authorities looked into the matter of huge donations being received by religious organisations, which are tax-exempt and should, therefore, not be used to invest in commercial properties.
Religious organisations should not become large property conglomerates. They should not be involved in the business world and become commercialised.
Rightfully and morally, the huge funds donated by followers should go towards providing scholarships for deserving bright students from lower-income families or towards building shelters for children from broken homes and so on.
Jeffrey Tan
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