We’re not in it for the money

  • May 2, 2013

When Cardinal Jean-Louis Tauran stepped out on the central loggia of St. Peter’s Basilica on March 13 to tell the world that it had a new pope, he had no idea that the news would cost him more than $30,000.

Cardinal Tauran sits on the supervisory board of the Institute for the Works of Religion, or the Vatican Bank. The five cardinals on the board were given an annual stipend of 25,000 euro until 2012. Pope Francis cancelled it.

I don’t know what Cardinal Tauran did with his stipend, or what the other four cardinals — Tarcisio Bertone, Odilo Pedro Scherer, Telesphore Placidus Toppo and Domenico Calcagno — did with theirs...

Digital Columnists

The article you have requested is only available to subscribers of the Catholic Register.

There are two ways to read this article.

1. Subscribe to our digital edition and read the complete newspaper, plus additional features, on your PC, laptop or tablet.  Subscription rates start at just $3.99.

2. Subscribe to our weekly newspaper and have the print edition delivered right to you door each week.