As diocese prepares to pay victims, its primary source of money: parishioners / The Buffalo News

To compensate sex abuse victims, (Bishop Richard) Malone said the diocese will rely on insurance coverage, investment reserves and the possible sale of property, all of which trace back to the wallets and pocketbooks of people in the pews. (The Buffalo News)

Bishop Richard J. Malone assures donors that no gifts to Catholic Charities will be used to settle clergy sexual abuse claims.

But area Catholics – one way or another – are paying.

To compensate sex abuse victims, Malone said the diocese will rely on insurance coverage, investment reserves and the possible sale of property, all of which trace back to the wallets and pocketbooks of people in the pews.

The diocese’s self-insurance plan and its premiums for excess liability coverage are funded primarily by contributions from parishioners. Its investments grew out of parishioner gifts. And its buildings were constructed, purchased or donated thanks to the generosity of Catholic donors.

At most churches in the Buffalo Diocese, at least $20 of every $100 donated to an offertory collection goes directly to the diocese, according to a Buffalo News analysis of diocesan and parish annual financial statements. And for every $100 gift to the Catholic Charities appeal, about $35 goes into a fund controlled by the bishop.

By Jay Tokasz, The Buffalo News — Read more …

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