Pope Francis warned the Vatican’s missionary fundraisers on Saturday not to allow financial corruption to creep into their work, insisting that spirituality and spreading the Gospel must drive their operations, not mere entrepreneurship.
Francis made the comments in a speech to the national directors of the Vatican’s Pontifical Mission Societies, which raise money for the Catholic Church’s missionary work in the developing world, building churches and funding training programs for priests and nuns. Deviating from his prepared remarks, Francis appeared to refer to a recent Associated Press investigation into financial transfers at the U.S. branch of the Pontifical Mission Societies: The former head oversaw the transfer of at least $17 million in endowment and donation funds into a nonprofit and private equity fund that he created and now heads that invests in church-run agribusinesses in Africa.
