- Sep 17, 2020
The pandemic and the ensuing economic downturn and the ongoing protests over racism sparked by the shocking death of George Floyd at the hands of police have created “the perfect storm,” making it a challenging time to raise awareness — and funds — to help the world’s poor, said Eustace W. Mita.
In a world marked by violence, conflict as well as material and spiritual poverty, men and women need the Gospel message of hope, Pope Francis told members of the U.S.-based Papal Foundation.
Cardinal Sean O’Malley of Boston has been elected chairman of the Papal Foundation’s board of trustees.
Against all odds, an obscure dermatological institute in Rome has become a lightning rod for tensions inside the Vatican, inside the U.S. Catholic Church, and between Rome and America.
After disagreement over funding a $25 million grant request from the Vatican was leaked to the press, the leadership of the U.S.-based Papal Foundation has called for a period of reflection and “a re-evaluation of its mission, its approach to grant giving and its relationship with the Holy See.”
The Vatican is facing another financial headache after donors to a major U.S. Catholic foundation balked at a request from Pope Francis to foot a $25 million loan to a scandal-plagued Rome hospital.