Vatican looking into $17 million transfer from U.S.-based charity to impact investing fund
The Vatican is looking into the transfer of $17 million from the U.S. arm of a Church mission to an investment fund, according to the Associated Press.
Vatican questions how priest moved $17 million meant for missionary work into investment fund
Pope Francis has asked aides to get to the bottom of how at least $17 million was transferred from the Vatican’s U.S.-based missionary fundraising coffers into an impact investing vehicle run by a pri
Vatican Questions $17 Million Transfer to Impact Investing Vehicle, Moves to Prevent Similar
Pope Francis has asked aides to get to the bottom of how at least $17 million was transferred from the Vatican’s U.S.-based missionary fundraising coffers into an impact investing vehicle run by a pri
Vatican questions $17 million donation to impact investing fund, moves to prevent similar gifts
Pope Francis has asked aides to get to the bottom of how at least $17 million, including money to refurbish the dorm, was transferred from the Vatican’s U.S.-based missionary fundraising coffers into an impact investing vehicle run by a priest,
Vatican questions $17 million transfer to impact investing fund, moves to prevent similar
VATICAN CITY (AP) — The Vatican is seeking clarity after the former director of its U.S. missionary fundraising office oversaw the transfer of at least $17 million of its endowment and donations into a new nonprofit and private equity fund that he created and currently manages, The Associated Press has learned.
Vatican questions $17M donation to impact investing fund
VATICAN CITY >> The former monastery on a quiet residential street in Rome once sheltered Jews fearing deportation in World War II. Purchased by the Vatican in 2021 as a dormitory for foreign nuns studying at Rome’s pontifical universities,
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