”Joseph Smith bestowed upon the twelve apostles all the keys and authority and power that he himself possessed and that he had received from the Lord. He gave unto them every endowment, every washing and anointing, and administered unto them the sealing ordinances.
– Spencer W. Kimball
Joseph Smith, having received divine authority from the Lord, bestowed all priesthood keys and powers upon the Twelve Apostles. President Spencer W. Kimball testified that he gave them every endowment, every ordinance—including the sacred sealing ordinances—ensuring that the fullness of the gospel would remain on the earth. That authority continues today through living apostles.
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