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In the Catholic Church, a Mass stipend is a donation given by the laity to a priest for celebrating a Mass for a particular intention. Despite the name, it is considered as a gift or offering ( Latin : stips ) freely given rather than a payment ( Latin : stipendium ) as such.
Catholic Church in Germany: 47.24 to 265.62 Germany: Catholicism: Some sources suggest a value as high as $265.62 billion, while others put it closer to $47.24 billion due to limited public data on the Church's finances. Former totals the value of land, real estate, investments and holdings of the Catholic Church and its institutions. [2] [3]
The treasury of merit or treasury of the Church (thesaurus ecclesiae; Greek: θησαυρός, thesaurós, treasure; Greek: ἐκκλησία, ekklēsía‚ convening, congregation, parish) consists, according to Catholic belief, of the merits of Jesus Christ and his faithful, a treasury that because of the communion of saints benefits others, too. [1]
A Chicago church came into some money following a decades old real estate deal. What to do with the extra dough weighed heavily on the pastor's mind. Then she decided to do something crazy. She ...
The Catholic Church had technically banned the practice of selling indulgences as long ago as 1567. As the Times points out, a monetary donation wouldn't go amiss toward earning an indulgence.
In 2006, a priest was accused of stealing $1.4 million from his parish, prompting a debate over Connecticut Raised Bill 1098 as a means of forcing the Catholic church to manage money differently. Another concern related to disputes over property ownership is whether the dioceses follow for parish suppression.
In 2006, a priest was accused of stealing $1.4 million from his parish, prompting a debate over Connecticut Raised Bill 1098 as a means of forcing the Catholic church to manage money differently. Related to issues of asset ownership, some parishes have been liquidated and the assets taken by the diocese instead of being distributed to nearby ...
How do Catholic institutions serve immigrants in the U.S.? Nearly 14 percent of residents in the United States are foreign-born, amounting to around 45 million people. Of those, more than 10 ...