‘Trust but verify’ to reduce parish embezzlement risk, say experts November 22, 2024By Gina Christian OSV News Filed Under: Feature, Fiscal Services, News, World News In the wake of recent high-profile cases of financial mismanagement at parishes, experts said transparency, accountability and greater involvement of finance councils in parish business operations can head off losses in money — and in pastoral trust.
Brooklyn, N.Y., priest removed from parish for mishandling $1.9 million in funds November 21, 2024By Gina Christian OSV News Filed Under: Fiscal Services, News, World News A Brooklyn, N.Y., priest has been removed as pastor after an investigation revealed he had transferred close to $2 million in parish funds to bank accounts affiliated with the embattled New York City mayor’s former chief of staff.
Crypto technology a moment for ‘hope,’ Catholic entrepreneur says November 14, 2022By Gina Christian Catholic News Service Filed Under: Fiscal Services, News, World News A Catholic author and entrepreneur is inviting the church to engage with new technologies poised to revolutionize not only finance, but society itself.
RADIO INTERVIEW: What Does God Say About Money? March 22, 2022By Catholic Review Staff Catholic Review Filed Under: Feature, Fiscal Services, Local News, News, Radio Interview Catholic Review Associate Publisher Christopher Gunty talks with the Jonathan and Amanda Teixeira about how they approach finance from a Catholic perspective and discusses their new book from OSV Books, “How to Attack Debt, Build Savings and Change the World Through Generosity.”
Independent group lauds Archdiocese of Baltimore’s financial transparency December 8, 2020By Christopher Gunty Catholic Review Filed Under: Feature, Fiscal Services, Local News, News Voice of the Faithful, an independent group of lay faithful, released its fourth annual survey of financial transparency by dioceses in the U.S., with the Archdiocese of Baltimore one of only five in the country to earn a perfect score of 100 in the 2020 review.
Archdiocesan Central Services posts $36,000 surplus in fiscal 2019 January 29, 2020By Christopher Gunty Filed Under: Fiscal Services, Local News, News The Archdiocese of Baltimore saw an operating surplus in its Central Services of $36,813 in fiscal year 2019, as compared with an operating loss of $2.7 million in the prior fiscal year.
Archdiocese of Baltimore releases financial report for Fiscal Year 2015-2016 February 9, 2017By George P. Matysek Jr. Filed Under: Fiscal Services, Giving, Local News, News Coming on the heels of a fiscal year that saw a 3 percent increase in parish offertory giving and increased support for the Archbishop’s Annual Appeal, the Archdiocese of Baltimore’s total operating income increased by nearly $2.2 million.
