U.S. Donors Balk at $25 Million Vatican Request - News Summed Up

U.S. Donors Balk at $25 Million Vatican Request


ROME—A dispute has erupted between wealthy American donors and a Catholic charity over the Vatican’s request for a multimillion-dollar grant, causing unusual friction between church leadership and laity and prompting calls for greater lay oversight of church finances. The dispute centers on the Papal Foundation, a Pennsylvania-based foundation that supports charitable activities designated by the Holy See. Last summer, the Vatican asked it for $25 million to fund the Istituto Dermopatico dell’Immacolata (IDI), a Catholic dermatological...


Source: Wall Street Journal February 23, 2018 19:52 UTC



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