Francis convenes religious institute treasurers for summit on use of money

VATICAN CITY
National Catholic Reporter

Joshua J. McElwee | Mar. 3, 2014

VATICAN CITY
Pope Francis has asked the treasurers of the thousands of Catholic religious orders around the world to meet in Rome this weekend to discuss how they can use their orders’ financial assets “for the service of humanity.”

The first-of-its-kind summit puts an unusual focus on the wealth of the orders. Last fall Francis pointedly asked leaders of religious orders to reevaluate management of their assets, especially empty monasteries and convents which in recent years have frequently been turned over to non-religious pursuits, such as hotels and restaurants.

The event, to be held near the Vatican March 8-9, has not been announced publicly but is expected to draw hundreds of representatives of the estimated 900,000 men and women religious globally. It is to have 15 talks on issues ranging from the use of church property, to financial debts, to economic solidarity.

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