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Pope Leo Marks Feast Day With Appeal to Help Erase Vatican’s Budget Shortfall, by Nicole Winfield – Brown Pelican Society of Lousiana

Pope Leo Marks Feast Day With Appeal to Help Erase Vatican’s Budget Shortfall, by Nicole Winfield

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Grok. "Pope Leo XIV seeks help to bail out deficit-ridden Holy See to erase it's $57-68 million deficit."

By Nicole Winfield, Associated Press, First Post, June 29, 2025 

RELATED: Peter’s Pence Class Action Lawsuit

Pope Leo XIV on Sunday celebrated a special feast day traditionally used by the Catholic Church to drum up donations from the faithful, with the Vatican under the first American pope rolling out a new campaign to urge ordinary Catholics to help bail out the deficit-ridden Holy See.

Leo celebrated Mass in St. Peter’s Basilica, marking the Feast of Saints Peter and Paul and thanked donors who have contributed, using the language of the publicity campaign to say their financial support was a sign of union with his young pontificate.

In churches around the world, Masses on the July 29 feast day often include a special collection for Peter’s Pence, a fund which both underwrites the operations of the central government of the Catholic Church and pays for the pope’s personal acts of charity.

With a promotional video, poster, QR code and website soliciting donations via credit card, PayPal, bank transfer and post office transfer, the Vatican is betting this year that an American-style fundraising pitch under the Chicago-born Leo will do more to help keep the Holy See bureaucracy afloat and erase its 50 million to 60 million euro ($57-68 million) structural deficit.

Continue reading at Associated Press

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