Posts Tagged ‘Donations’

Pajero bishops ready for consequences

Friday, July 15th, 2011

Bishops in the Philippines have apologised “for the pain and sadness” caused after some bishops accepted donations from the state run Charity Sweepstakes Office. The president of the Catholic Bishops Conference of the Philippines, Bishop Nereo Odchimar, also said that the seven bishops involved were ready to “face the consequences” if they were found to Read more

Vatican makes profit despite declining donations

Tuesday, July 5th, 2011

The Vatican returned a profit last year, despite around a 20% fall in donations from the faithful. The NZ$17.2 million profit was a turnaround from the previous year’s NZ$7 million loss, and losses in the previous two years. The Vatican said the result showed a continuing positive trend which began in 2009, but was hampered Read more