Home › Forums › All Things Catholic › Catholics face crisis over retired nuns › Reply To: Catholics face crisis over retired nuns
Times are changing and Catholic institutions are going to have to find more creative ways to use what little money they have to make it stretch quite a bit farther.
I’ve always felt that parishes (and other organizations) should invest some capital and allow it to grow in order to help the parish grow, but apparently non-profit organizations are not allowed to invest money.
So in that case one would have to have a few wealthy benefactors that pool there money together and invest it, grow it and then donate it once it reaches a specified goal. Or find a way to just donate the dividends as a means of continuous financial support. I think it would be a good, long-term option for Catholic organizations to stay afloat financially and have some assurance of funding.