Catholic schools pact extended, as signs of growth sprout
Archbishop Chaput signed a six-year extension this week of the agreement with Faith in the Future Foundation to manage Catholic schools in the Philadelphia Archdiocese. Finances and enrollment have improved since the agreement began in 2012.
Evangelization congregation denies mismanaging property
The congregation released a statement Nov. 11 after several news reports claimed that Vatican-owned apartments were rented far below market value and that several of those owned by the congregation were rented at nominal rates to Italian politicians, entertainers and relatives of Vatican employees.
Suburban Detroit pastor pleads guilty to mail fraud
"Why am I pleading guilty?" Father Belczak told U.S. District Judge Arthur J. Tarnow. "Because I am."
From flush to floundering, parish finances run the gamut
The American Parish series looks at how parishes across the U.S., including one in New Jersey, handle collections, deficits and new initiatives to keep the parish going.
Key planner of families’ meeting faces criminal probe in Italy
Italian prosecutors are investigating charges of embezzlement for the Vatican archbishop heading the Pontifical Council for the Family. In Philadelphia, planning for the World Meeting of Families continues unaffected.
Still prefer Latin Mass? It’s no reason to stay home on Sunday
Father Ken Doyle is sad to hear that a letter-writer doesn't go to church because she prefers the traditional Latin Mass. He strongly suggests an alternative. He also counts the reasons why churches should publish a financial report.
New Vatican financial rules increase transparency, centralization
The Vatican's new rules for budgeting and financial reporting, which will go into effect Jan. 1, call for heightened transparency and consistency in the church's central administration and underscore the oversight powers of two economic bodies Pope Francis established in February.
Vatican bank tells where it stores its gold, and other nuggets
VATICAN CITY (CNS) -- One week after publishing highlights of its 2013 financial statement, the Institute for the Works of Religion -- commonly called the Vatican bank -- released a 107-page, detailed financial report for the year.
Important dates in the life of Blessed John Paul II
VATICAN CITY (CNS) -- Here are some important dates in the life of Blessed John Paul II
Archdiocese reports new data that show stronger finances
Audited financial statements for more than a dozen entities of the Archdiocese of Philadelphia show that donations from the Catholic community plus gains from investments have resulted in modest surpluses, in several cases, from the previous year's losses.