What's this? / Report Bad Ads
Latest News
Pope Francis

Complete program of pope's trip to Fatima on May 12-13

March 20, 2017. The Vatican has published Pope Francis' program for his upcoming trip to Fatima.
Pope Francis

Pope Francis will travel to Egypt from 28 to 29 April 2017

March 18, 2017. In response to the invitation from the President of the Republic, the Bishops of the Catholic Church, His Holiness Pope Tawadros II and the Grand Imam of the Mosque of Al Azhar, Sheikh Ahmed Mohamed el-Tayyib, Pope Francis will make an Apostolic trip to the Arab Republic of Egypt from 28 to 29 April 2017, visiting the city of Cairo. The programme of the trip will be published shortly.
Pope Francis

Pope to meet with most powerful European leaders on March 24

March 3, 2017. On March 24 a historic meeting will take place between the pope and many of the most powerful heads of government throughout Europe. The meeting was announced by the Director of the Press Office of the Holy See, Greg Burke and will begin at 6 p.m. in the Sala Regia of the Apostolic Palace in the Vatican.

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

2016-07-02

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. 

DR. CAROLYN WOO
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. 

FR. THOMAS MCCLAIN
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. 

CLARA MILLER
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. 


YA
AA
SV
-BN
Up:AC