Last month, the “The Papal Foundation was a huge point of leverage for him in terms of going to Rome,” said Steve Schneck, the longtime head of the Institute for Policy Research and Catholic Studies at Catholic University. “There is not a Catholic organization in the United States he hasn’t raised money for.”The foundation is governed by a board of trustees, comprised of the eight U.
S.-domiciled cardinals, who serve as ex officio members and who approved the seven bishops and archbishops and nine laypeople who serve as elected members.
“Instead of helping the poor in a third-world country, the Board approved an unprecedented huge grant to a hospital that has a history of mismanagement, criminal indictments, and bankruptcy.” “Had we allowed such recklessness in our personal careers we would never have met the requirements to join The Papal Foundation in the first place.” Here is a link to one of the three leaked documents published by Life Site.
It’s a report from the Audit Committee of the Papal Foundation, and it’s a doozy.
In January, the documents reveal, lay members raised alarm about what they consider a gross misuse of their funds, but despite their protests another million was sent with Cardinal Wuerl brooking no dissent.
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