US EditionPope Leo XIV Marks Feast Day as Vatican Launches Campaign to Help Erase Its $57-68 Million Deficit
- Pope Leo XIV celebrated a special feast day to encourage donations among Catholics amid a significant budget deficit of $57-68 million at the Vatican.
- The Vatican aims to erase its structural deficit through a new fundraising campaign featuring a promotional video, poster, QR code, and website soliciting donations.
- Peter’s Pence donations fell to 43.5 million euros in 2022, the lowest amount since 1986, due to scandals, mismanagement, and the COVID-19 pandemic.
- U.S. Catholics contribute around a quarter of the total donations to Peter’s Pence each year.
78 Articles
78 Articles
Pope Leo XIV's Fundraising Blitz Revives Peter's Pence
Pope Leo XIV is leading a revitalized campaign to boost donations for Peter's Pence, a fund supporting Vatican's operations and charitable activities. Despite financial challenges, funds are raised through a new promotional initiative aimed at addressing the Holy See's budgetary shortfalls. The effort emphasizes accountability and transparency.
Pope Leo XIV celebrated a special feast day on Sunday that the Catholic Church traditionally uses to collect donations from the faithful, and the Vatican, led by the first American pope, launched a new campaign to urge Catholics…
Pope Leo XIV marks feast day with appeal to help erase Vatican’s budget shortfall
In churches around the world, Masses on the July 29 feast day often include a special collection for Peter’s Pence, a fund which both underwrites the operations of the central government of the Catholic Church and pays for the pope’s personal acts of charity
Leo XIV celebrated Mass in St Peter's at 10:30. The pallium was handed over to 54 metropolitan bishops, seven from Asia: "In the unity of the Catholic faith, everyone can feed it in the local Churches." The homily on ecclesial communion and the vitality of the faith: "Do not fall into habit, into ritualism."At the Angelus: "They keep their weapons, work for peace."
With a solemn Mass Pope Leo XIV revives a broken tradition. The return to this ceremony underlines its liturgical value.
Coverage Details
Bias Distribution
- 49% of the sources are Center
To view factuality data please Upgrade to Premium
