VATICAN CITY, APR 14, 1999 (VIS) - Made public today was the Holy Father's written Message which he gave yesterday to the cardinal members and trustees of the U.S.-based Papal Foundation during their audience with him in the Vatican.
The Pope expressed his "gratitude for the support which the Foundation has given again this year to the Successor of Peter in his apostolic ministry of 'concern for all the Churches'."
"In the years since its establishment," the Message says, "the Papal Foundation has demonstrated a particular concern for the needs of the Church in developing countries. I deeply appreciate this commitment of effective solidarity with our brothers and sisters throughout the world who look in hope to the Church's witness to the Gospel and her efforts to promote justice, reconciliation and fraternal cooperation among the members of the human family."
The Papal Foundation is a multimillion dollar investment fund established to provide a source of steady income for the Holy See. It annually presents the Pope with a check which represents interest earned by the fund.
A fact sheet made public today on the Foundation's grants states that in 1999 it gave $2.450 million to 25 various projects, including $300,000 to the Pontifical Council "Cor Unum" to help the victims of Hurricane Mitch in Central America, and $135,000 to the Pontifical Council for Social Communications for a new Vatican Film Library. Other grants include aid for the building or renovation of churches, seminaries and hospitals, for the John Paul II Institute for Studies on Marriage and the Family and for a shelter for the homeless in Tbilisi, Republic of Georgia.
Since 1990 it has earmarked $12,735,500 for 115 humanitarian and ecclesial projects.
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