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	Judge Says Parish Money in Investment Fund Part of Abuse Settlement Catholic Sentinel July 13, 2010 http://www.catholicsentinel.org/main.asp?SectionID=2&SubSectionID=34&ArticleID=11996 The Diocese of Wilmington, Delaware, plans to appeal a federal bankruptcy judge’s ruling that the funds deposited by parishes, schools and other Catholic entities into its investment fund are property of the diocese and subject to distribution to victims of clergy sexual abuse. The judge said the entire $120 million pooled investment account held in the name of the diocese should be considered diocesan assets, even though the diocese said it has only $45 million of its own money in the account. Others with funds in the pooled investment account include five parishes, four schools, three cemeteries, three present or former group homes for children, the Catholic Youth Organization, and the Catholic Diocese Foundation, incorporated in 1928 to promote “the Catholic religion, Catholic education and Catholic charity within the diocese.”
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