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Old 02-27-2014, 05:31 PM
kerry kerry is offline
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Join Date: Jan 2002
Posts: 18,350
Here's an interesting piece on Catholic church finances:

Catholic Church and Pope Francis: Religious institutions are exempted from nonprofit disclosure rules, so nobody knows how rich they really are.


Related anecdote on the issue of whether parish finances are church assets or parish assets: BIL lives in a town with a Catholic parish. That parish is fiscally responsible and has a lot of $$. Membership was declining. Bishop decided to close that parish and merge it with a fiscally less responsible neighboring parish. In response, members of the responsible parish decided to spend down all their assets before the merger rather than having them become integrated into funds of less responsible parish.
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