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GUAM : Catholic Church of Guam Sets Up $1M Abuse Settlement Fund CLERICAL WHISPERS - March 12, 2017 ... church investments such as stocks, he said. The account will generate its own cash and income and the church will add to it. The archdiocese net book value is $132 million, Untalan said. The archdiocese has 26 parishes and 14 Catholic schools, two seminaries and several auxiliary ministries including Catholic Social Services and a soup kitchen for the homeless. "We are not filing bankruptcy," Untalan said. "We hope we can settle every case." He said the $1 million is a start ...http://clericalwhispers.blogspot.com/2017/03/guam-catholic-church-of-guam-sets-up-1m.html

IRL : 'Hand Over the Keys': Pressure Builds on Religious Groups Over Child Abuse Reparations CLERICAL WHISPERS - March 10, 2017 ... follows: • To Cara Nua, the independent trust for former residents: the sum of €20,000,000 cash plus properties then worth €11,590,000. • To the State: properties then worth €80,856,800. • To the voluntary sector: properties then worth €15,060,000. But the financial downturn eroded the value of the properties to the State, according to the Sisters of Mercy. They say that part of the deal was that the value of their contribution would ...http://clericalwhispers.blogspot.com/2017/03/irl-hand-over-keys-pressure-builds-on.html

Effort to Save Cistercian College Roscrea Will Have to Be Self Financing, Meeting Told CLERICAL WHISPERS - February 26, 2017 ... consideration to any proposal that was viable and would sustain the school. Ronnie Culliton, a past pupil who has sons in the school, challenged the attendance as to what kind of money would be available to any new project for the school. "What you would be willing to contribute. Let's see what we can commit to," he said. He also asked who had the capacity and willingness to get involved in the battle to save the school. He also asked the attendance to maximise the sales force and provide live ...http://clericalwhispers.blogspot.com/2017/02/effort-to-save-cistercian-college.html