VATICAN CITY
Catholic News Agency
Vatican City, Jul 9, 2013 / 02:01 am (CNA/EWTN News).- The Vatican Bank donated some $70 million to charities in 2012, according to a Vatican statement released Thursday.
“The Members of the Council expressed their deep gratitude for the support given, often anonymously, to the Holy Father’s universal ministry in spite of moments of economic crisis, and encouraged perseverance in this good work,” said the July 4 statement of the Council for Cardinals for the Study of Organisational and Economic Problems of the Holy See.
The Vatican Bank, officially called the Institute for the Works of Religion, distributed its charitable funds among the Amazon Fund; the Pro-Orantibus Fund, which supports cloistered monasteries; the San Sergio Fund, which supports the Church in the former Soviet Union; and the Commission for Latin America, as well as other Catholic charities.
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