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Word: catholicization (lookup in dictionary) (lookup stats)
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Plaintiffs across the country are encountering similar patterns of asset protection, as regional leaders divide church property among dozens if not hundreds of separate corporations, charities and other institutions. The Catholic Church in the U.S. may appear to be a monolithic religious corporation that manages its flock and money from...

Author: /time Magazine | Title: Can a Church Go Broke? | 6/3/2002 | See Source »

Still, the church's secrecy and defiance are formidable obstacles. In 1998 Minnesota attorney Jeffrey Anderson sued the diocese in Stockton, Calif., on behalf of two brothers who had been sexually abused. Anderson discovered--in the middle of the trial, when he happened to rephrase a question posed to the...

Author: /time Magazine | Title: Can a Church Go Broke? | 6/3/2002 | See Source »

Practically every Catholic institution in the U.S. is searching for ways to protect itself financially. The Boston archdiocese, for instance, is considering a complete reorganization of its corporate structure to protect against future liability. One possibility would be for it to hold all its real estate in trust for its...

Author: /time Magazine | Title: Can a Church Go Broke? | 6/3/2002 | See Source »

In an experiment that is gaining popularity among a range of Catholic communities, some schools and parishes have established corporations to give themselves complete independence, even from their regional diocese. In 1997, for instance, a group of Dominican nuns founded the Sisters of Mary, Mother of the Eucharist convent in...

Author: /time Magazine | Title: Can a Church Go Broke? | 6/3/2002 | See Source »

Current headlines might give the impression that the Roman Catholic Church has a lot on its plate these days, but last week the Vatican's tirelessly vigilant Fides news service found time to publish an editorial chastising celebrities for wearing fancy crosses. The opinion piece, "A Matter of Coherence," observed...

Author: /time Magazine | Title: People: Jun. 3, 2002 | 6/3/2002 | See Source »

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