Friday, June 20, 2014

IT IS TIME FOR FINANCIAL TRANSPARENCY

The Archdiocesan Annual Appeal only reached 42% of the goal set by Archbishop Apuron. Here's some advice for next time:

Achieving Financial Transparency for Dioceses

Whitepaper Overview

For all organizations in the nonprofit sector, financial transparency is synonymous with survival. Dependence on donors necessitates an ongoing demonstration of where money is spent and how funded activities and programs fulfill defined mission statements. While Catholic dioceses are not required by law to be transparent and accountable, there is a definite shift towards the production of financial reports that provide a complete picture of the financial health of the entire diocese from the bishop’s and archbishop’s office down to the parishioner donor level.

Internal Financial Controls in the U.S. Catholic Church


One of the by-products of the recent U.S. Catholic Church clergy sexual abuse scandal  was a new focus on the Church's financial transparency and accountability. As the  scandal unfolded, parishioners learned that in some dioceses, payments related to the  scandal had been taking place for years. Some of the payments went to victims in the  form of settlements or to pay for counseling; some went to pay for the "rehabilitation" of  priests accused of pedophile; and some funds were paid out in lawyers fees. The vast  majority of Catholics was unaware of these payments, and therefore surprised by the magnitude of the scandal.

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CLICK HERE FOR A COPY OF HOW THE ARCHDIOCESE OF SAN FRANCISCO DOES IT. 

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