How is the Catholic Church spending “Peter’s Pence?” A R.I. parishioner sues to find out

BOSTON (MA)
Boston Globe

February 3, 2020

By Amanda Milkovits Globe Staff,Updated February 3, 2020, 6:01 a.m.

Providence RI – A parishioner in East Providence has filed a federal class action lawsuit against the U.S. Conference of Catholic Bishops, after media reports that as little as 10 percent of collections go to charity.

Every year, the Conference of Catholic Bishops solicits for donations from parishioners at Catholic churches around the country for the “Peter’s Pence Collection.” The fund is advertised as a collection to help victims of war, natural disasters and disease throughout the world.

David O’Connell says in his lawsuit that he donated to Peter’s Pence at Sacred Heart Church in 2018 because he thought the money was going to the needy.

Then, last month, the Wall Street Journal and other media in Italy reported that millions of dollars were actually going to “plug holes in the Vatican’s administrative budget” — along with investments in other unusual projects.

“Hundreds of millions of dollars over the last several years has been diverted into various suspicious investment funds, which in turn have funneled the money into such diverse ventures as luxury condominium developments and Hollywood movies, while paying fund managers hefty, multi-million dollar commissions,” Providence lawyer Peter N. Wasylyk and Marc R. Stanley of the Stanley Law Group in Dallas, Texas, wrote in the lawsuit filed Jan. 22 at U.S. District Court.

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