Showing posts with label Papal foundation. Show all posts
Showing posts with label Papal foundation. Show all posts

Tuesday, April 30, 2019

The damage of Cardinal Wuerl just continues...

Medical researchers at a U.S.-, Catholic-based institute say they were shocked at being denied a $150,000 Papal Foundation grant for their groundbreaking Alzheimer’s research last year while $25 million was recently awarded to a scandal-plagued dermatological hospital in Rome.

The Iowa-based John Paul II Medical Research Institute (JP2MRI) was rejected for a $150,000 grant for Alzheimer’s research in August 2018, just as controversy arose surrounding the Papal Foundation, the Holy See, and a stunning $25 million grant to the Istituto Dermopatico dell'Immacolata (IDI), a dermatological hospital, in Rome.

To read the full story, please go to:  LifeSite News

Tuesday, February 20, 2018

Papal Foundation Scandal: What Role Did Cardinal Wuerl Play?

ROME, February 20, 2018 (LifeSiteNews) – Leaked documents obtained by LifeSiteNews connect the Pope himself to a new Vatican financial scandal and raise serious questions about his global reputation as the “pope for the poor.”

LifeSiteNews has obtained internal documents of the U.S.-based Papal Foundation, a charity with a stellar history of assisting the world’s poor, showing that last summer the Pope personally requested, and obtained in part, a $25 million grant to a corruption-plagued, Church-owned dermatological hospital in Rome accused of money laundering. Records from the financial police indicate the hospital has liabilities over one billion USD – an amount larger than the national debt of some 20 nations.

Despite opposition from the lay “stewards,” the bishops on the board voted in December to send an $8 million payment to the Holy See. In January, the documents reveal, lay members raised alarm about what they consider a gross misuse of their funds, but despite their protests another $5 million was sent with Cardinal Wuerl brooking no dissent.

To read the full article, go to Life Site News