VATICAN CITY, JUN 12, 2007 (VIS) - The members of the administrative council of the "Populorum Progressio" Foundation are due to meet in the Vatican from June 12 to 14 for their annual meeting to consider the financing of development projects, according to a communique published today by the Pontifical Council "Cor Unum." The foundation serves poor indigenous mixed race and Afro-American rural communities of Latin America and the Caribbean.
The "Populorum Progressio" Foundation is part of the Pontifical Council "Cor Unum," the president of which is Archbishop Cordes who also acts as president and legal representative of the foundation. The administrative council, which meets to study and approve the projects presented, is made up of seven members: six bishops from various countries in Latin America, and a representative of the pontifical council.
From 1992 to today, the foundation has financed more than 2000 projects for a total of more than 20 million dollars. During this year's meeting consideration will be given to more than 220 projects for a total value of 1,800,000 US dollars. They range from the creation of infrastructures for the poorest communities and their maintenance through the production and sale of goods, to education, the formation of young people of both sexes, and healthcare.
"The work of the foundation is particularly effective because, thanks to the collaboration of Catholic communities and local missionaries, the administrative and running costs are exceptionally low," says the communique.
The participants in the assembly will be received by the Holy Father on Thursday, June 14.
CON-CU/POPULORUM PROGRESSIO/... VIS 20070612 (270)
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