DELAWARE
The Star Democrat
WILMINGTON, DEL. – In the next few weeks, the Catholic Diocese of Wilmington will begin a three-year capital campaign to raise funds for pensions, diocesan ministries and current and future parish needs.
The campaign, titled “Sustaining Hope for the Future,” is designed to meet the needs created by the diocesan bankruptcy settlement that was finalized in September 2011 and paid $77.4 million to survivors of clergy sexual abuse to settle their claims against the dioceses and 29 parishes. The settlement drained diocesan reserves and requires the diocese to reinforce its lay employees’ pension plan with a $10 million infusion by the end of 2017.
Catholic school teachers, parish secretaries, Catholic Charities staff, cemetery workers, parish maintenance staff and others will have their pensions secured by the “Sustaining Hope for the Future” campaign. The campaign will also help retired priests who have dedicated their lives to the spiritual needs of their parishioners to have health insurance coverage and a dignified retirement. A percentage of the funds will be used by parishes to meet their various needs.
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