Continuing his efforts to ensure financial transparency and accountability, Pope Francis named Cardinal Kevin J. Farrell, prefect of the Dicastery for Laity, the Family and Life to lead a commission that determines which economic activities ...
Broad reforms that would contribute to greater accountability and transparency regarding church finances are needed to address the financial crisis the church faces and is intensifying because of the coronavirus pandemic, said a report emerging ...
On July 10, the Associated Press published a report titled, “Catholic Church lobbied for taxpayer funds, got 1.4 billion dollars.” Through the Paycheck Protection Program from the Small Business Administration, AP estimated that the Church ...
A new report from the Center of Applied Research in the Apostolate at Georgetown University details a survey of American bishops on the impact that the COVID-19 pandemic has had on dioceses and parishes across ...
The chairman of the U.S. bishops' domestic policy committee said the federal emergency "bridge loans" that dioceses, parishes and other Catholic entities applied for provided a lifeline, allowing "our essential ministries to continue to function ...
Pope Francis appointed a commissioner charged with overseeing and reorganizing the Fabbrica di San Pietro, the office responsible for the physical care and maintenance of St. Peter's Basilica. The pope named retired Archbishop Mario Giordana, who ...
The word most often used to describe the COVID-19 pandemic is “unprecedented,” which is a soft-peddled way to collectively admit there is no road map. Thankfully, there are three fundraising principles that parishes can consider ...
To prevent fraud and corruption, uphold Catholic principles and save money, Pope Francis has issued a new set of laws covering contracts for the purchase of goods, property and services for both the Roman Curia ...
Although the Vatican is facing difficult years ahead due to the economic fallout of the coronavirus pandemic, its budget is not facing a massive default, said the prefect of the Vatican Secretariat for the Economy. ...
With Sunday Mass offertory collections virtually nonexistent during the coronavirus pandemic, dioceses are helping their parishes tap into revenue sources to help keep one crisis from becoming a second crisis. One such revenue source is ...
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