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Pope Francis

Nicolás Maduro meets with the pope in surprise visit to Rome

October 24, 2016. Pope Francis met with Venezuelan president, Nicolás Maduro. The private visit took place in the midst of the "worrysome political, social, and economic situation the country is going through, which is having serious repercussins in the daily life of the people,” according to a statement from the Vatican.

Holy See and Vietnam begin their 6th bilateral meeting today

October 24, 2016. The sixth meeting between the Holy See and a delegation of Vietnam begins today to improve relations between the two states. The Vatican delegation is headed by Antoine Camilleri, while the head of the Vietnamese delegation is Bui Thanh Son, with Foreign Affairs. The last meeting between the two state delegations was in September 2014.
Pope Francis

Pope to award 2016 Ratzinger Prize to Inos Biffi and Ioannis Kourempeles

October 20, 2016. The winners of this year's Ratzinger Prize will be Inos Biffi and Ioannis Kourempeles. The former, an Italian priest, is an expert in Systematic Theology and History of Medieval Theology. The latter is Greek and an Orthodox. He is an expert in History of Dogmas and Dogmatic Theology. He will be the first Orthodox to be awarded the prize given by the Joseph Ratzinger Foundation, considered by many the Nobel Prize of Theology.
Pope Francis

Pope Francis sends his condolences to Thais after the death of King Bhumibol Adulyadej

October 14, 2016. Pope Francis has sent a message to the Prime Minister of Thailand to express his condolences for the death of King Bhumibol Adulyadej. He was 88 years old, and his reign spanned seven decades. Pope Francis said he is "deeply saddened” and he expresses his closeness to the members of the royal family and the Thai people.
Pope Francis

Pope sends 100,000 dollars for Hurricane Matthew victims

October 14, 2016. Through the Pontifical Council "Cor Unum", Pope Francis will send $100,000 to the victims of Hurricane Matthew in Haiti. The money will fund relief efforts in the first stages of recovery after the devastating effects of the hurricane. With this gesture, the pope wants to express his "closeness of spirit and fatherly support” to everyone in the affected area.
Pope Francis

Pope authorizes new decrees of heroic virtues for four potential saints

October 11, 2016. Pope Francis authorized the Congregation for the Causes of Saints to promulgate the decree of heroic virtues to four people, who are being investigated by the Church for possible sainthood. The decrees were given to the following "Servants of God:”
Pope Francis

Pope Francis rejects death penalty on Twitter: #NoDeathPenalty

October 10, 2016. The Pope has has given his support via Twitter to the World Day Against the Death Penalty. The following message can be read in each of his nine accounts, in their respective languages: "Punishment should necessarily include hope! #NoDeathPenalty.”
Pope Francis

Pope Francis announces Synod about youth and vocation

October 6, 2016. It will be held in 2018 under the name "Youth, faith, and vocational discernment.” Preparations for the second Synod of bishops convened by Pope Francis are well underway.

Theme chosen for 2017 World Communications Day

September 29, 2016. The theme for the 2017 World Communications Day has officially been announced. Coming from the book of Isiah, the theme is: "Fear not, for I am with you: communicating hope and trust in our time.”
Pope Francis

Pope will not be able to travel to Israel on Friday to attend the funeral of Shimon Peres

September 28, 2016. Despite the rumors that Pope Francis will travel to Israel to attend Shimon Peres funeral, the Vatican has issued a statement officially announcing a confirmation for the pope's scheduled visit to Georgia and Azerbaijan will remain as planned on Friday. The pope spoke warmly about the former leader and sent out a telegram of condolences:

Top financial companies are working with the Vatican to help the poor


In its second year, the Impact Investing Conference has once again brought together esteemed Catholic leaders and successful  business executives as they align themselves in finding ways to provide relief for those in need. 

President & CEO of CRS
"Two years ago, we were trying to introduce the concept of impact investing to the Church, particularly the treasurers of different Catholic organizations, because we want them to understand that part of their investment could actually go to this thing called "Impact Investing. We now want to see, under what conditions would the Churches ministries lend themselves to this type of a model so that they can make use of capital coming from investments in order to scale and sustain their work and to let money do good for the poor, rather than exploit the poor.” 

The three-day conference is appropriately titled "Making the Year of Mercy a Year of Impact for the Poor”. It is hosted by the Vatican's Pontifical Council for Justice and Peace along with Catholic Relief Services. 

General Treasurer, Society of Jesus
"I'm just hoping that this is going to be a new way of looking at how the resources of not only the Church, but of many people, can be focused in a way of being positively constructive for the less fortunate. In the past, its all been about making money and that's what investments are all about. But, hopefully, it can be about cultural shift. So that people can realize that there are ventures to employ those who are perhaps less thought of, as a way of increasing income, not only for them but for the investors in the world.”

The goal is to promote the Church's social mission by "impacting it” whereas the financial side of the conference relies on the implementation of the organizations "investment” platforms. Essentially, both the Church and the financial institutions are finding a way to work together by providing social benefits to those in need as well as a sustainable framework of social and environmental opportunities. 

President, Heron Foundation
"I think it's really that the tools of capitalism; money, finance, enterprises, which are tools, can be used for social good. And in fact, traditionally they have always been used for social good. And if we make sure that they are being used that way, we can solve a lot of problems in the world.”

The conference also explores different forms of philanthropic entities that are being used by impact-driven investors that want to deliver a positive environmental and social change to the millions of displaced people in need around the world.