Even though the Watchtower Bible and Tract Society owns billions of dollars in real estate, they still solicit money from even the poorest congregations.
Here are excerpts from the letter:
"For an number of years, an arrangement has been available to congregations to place funds on deposit with the branch office. However, a recent analysis shows that only 10 percent of congregations in the United States are taking advantage of this provision."
"...At best though, each congregation acting on its own will only achieve a limited return on its excess funds. Therefore, we are encouraging all congregations to give serious thought to participating in the funds-on-deposit arrangement with the branch office."
"There are significant advantags to participating in this arrangement. First of all, each congregation would only need to operate one checking account for its monthly financial activity. Congregations would not have worry about opening savings or other accounts and becoming involved in investment decisions. Second, by consolidating funds, the branch office is able to earn additional interest at rates above what a congregation normally earns by acting on its own. The funds earned by the branch office would then be available for use in building Kingdom Halls in lands with limited resources or for covering other necessary operating expenses. All of this is accomplished by making full use of funds that have already been contributed but now may be idle, earning little or no interest."
(details follow on how to set this up electronically, via www.jw.org)
A couple of pages of Q&A follow.
Of most interest is no. 2:
"Question 2: If we currently have a checking account for our monthly expenses and a savings account for our excess funds, do we have to close the savings account and send those funds to the branch office? What if we prefer to keep the interest for local congregation needs?"
"Answer: You are to be commended for making wise use of funds dedicated for Kingdom interests. While we leave the decsion to the local body of elders, we encourage all to look beyond local circumstances. There are congregations in other lands where greater material needs than we have here inthe United States. By applying the Scriptural principle found at 2 Corinthinas 8:8-15, we hope to achieve an equalizing for the entire brotherhood. At best, a local congregation will only be able to earn interest at the local rate. The branch office has access to higher rates of interest because of volume and pricing, and by consolidating any excess funds into the funds-on-deposit arrangement, more interest can be generated collectively to benefit the worldwide work."
So, what about "waiting on Jehovah"? Isn't that what Witnesses are taught? This is just another example of greed from a money hungry corporation. Now the organization even wants the interest money on congregation bank accounts.