Will the BBC or Guardian report that the Vatican Bank donated $70 million to charities in 2012?
The Main Stream Media obviously relish reporting on the Vatican Bank, so will the BBC or The Guardian report that in 2012 the Vatican bank donated $70 million to charities or will they be silent on this good news?
‘The Vatican Bank donated some $70 million to charities in 2012, according to a Vatican statement released Thursday.
“The Members of the Council expressed their deep gratitude for the support given, often anonymously, to the Holy Father’s universal ministry in spite of moments of economic crisis, and encouraged perseverance in this good work,” said the July 4 statement of the Council for Cardinals for the Study of Organisational and Economic Problems of the Holy See.
The Vatican Bank, officially called the Institute for the Works of Religion, distributed its charitable funds among the Amazon Fund; the Pro-Orantibus Fund, which supports cloistered monasteries; the San Sergio Fund, which supports the Church in the former Soviet Union; and the Commission for Latin America, as well as other Catholic charities.
The cardinals’ council had met July 2-3 to review the 2012 fiscal year. The meeting was presided over by Cardinal Tarcisio Bertone, Vatican Secretary of State, and was attended by 12 other cardinals.
These included Cardinals Angelo Scola of Milan, Joachim Meisner of Cologne, George Pell of Sydney, John Hon of Hong Kong, and Odilo Scherer of Sao Paulo.
The 2012 financial statement for the Holy See closed with a profit of $2.8 million, due mainly to good performance in financial management.
In 2012, Catholics offered nearly $66 million through Peter’s Pence, a voluntary second collection for the Church. This represented a drop off from the nearly $70 million offered in 2011.
Protect the Pope comment: Just as the BBC and The Guardian fail to report that the majority of HIV/AIDS clinics in the developing are provided by the Catholic Church, no doubt the BBC and The Guardian will also fail to report the good work done by the Institute for the Works of Religion.
http://www.catholicnewsagency.com/news/vatican-bank-donated-70-million-to-charity-in-2012/