VATICAN CITY, JULY 4, 2007 (Zenit.org).- The traditional Peter's Pence collection brought in more than $100 million last year (€74.8 million).
The Peter's Pence fund collects donations from the faithful for the works of charity of the Roman Pontiff.
The Council of Cardinals for the Study of Organizational and Economic Questions of the Apostolic See met in the Vatican on Monday and released the numbers in a statement.
The statement says that the cardinals reviewed the "progress of Peter's Pence, made up of the collection of offers on the feast of Sts. Peter and Paul from particular Churches, institutes of consecrated life, foundations and individual members of the faithful."
In 2006, the statement explains, "the offerings totaled $101,900,192.71 (€74.857.979), which the Holy Father has directed to the needs of his ministry at the service of the universal Church."
Peter's Pence offerings notably grew last year. In 2005, the collection brought in some $59.4 million.
ZE07070406 - 2007-07-04
Permalink: http://www.zenit.org/article-20045?l=english
Peter's Pence Brings in $100 Million
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