The Motley Fool Discussion Boards
Religion & Culture / Christian Fools
|Subject: Catholic Charities, etc.||Date: 10/6/2012 10:43 PM|
|Author: Jeanwa||Number: 183308 of 196929|
Currently the federal government funds a large portion of Catholic Charities funds.
About $2 billion of its budget comes from the Faith-Based Initiatives Office of the federal government.
Catholic Charities received a total of nearly $2.9 billion from the US government in 2010. In comparison, its annual revenue was $4.67 billion. Only about $140 million came from donations from diocesan churches, the remainder coming from in-kind contributions, investments, program fees, and community donations.
I knew a huge portion of the charity funding came from the federal government. It is extremely difficult to find out how much.
With Romney's comment about PBS I did some digging.
I wonder if he is for or against the faith based charity funding? Catholic Charities gets way more than PBS.
I found it interesting that some of the Catholic Charities are giving up the government funding. I wonder how many will. 2.9 Billion is a lot of money.
A Catholic charitable organization has rejected government funding so it can uphold traditional Christian teachings and serve the poor with less bureaucratic red tape.
I wonder how much of it is 'around the corner funding". For example, when I worked for the foodbank we received part of our food form Second harvest. They received money from the federal government.
I don't think people realize how intertwined our government and private sectors are.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|