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 may have received 3.5 billion dollars. But
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 country. Ninety-five percent of bishops said
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 in a time of national emergency."
"The Catholic
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 served as apostolic nuncio to Slovakia until
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 in their attempt to recover from financial
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 and Vatican City State offices. "To allow
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. In an interview with Vatican News published
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 the Paycheck Protection Program loans from the
Citing mounting concerns over the financial impact of clergy sex abuse settlements and the coronavirus pandemic, the Archdiocese of New Orleans filed for Chapter 11 reorganization of the finances of its administrative offices May 1 in U.S. Bankruptcy Court for the Eastern
With many Catholic media outlets struggling financially even before the COVID-19 pandemic, the recent economic downturn and closed parishes have compounded the problem. Greg Erlandson of Catholic News Service said he “would hate to see” more dioceses stop publishing their own newspapers,