2008 VSB Media Report

Page 99

99 Mahony said he had decided against trying to raise funds directly from the L.A. area's estimated 5 million Roman Catholics, saying he feared such a move might create ill will among parishioners and lead to resentment of the abuse victims. But he asked any parish that could afford it to assist with gifts or loans, mostly to pay down $175 million borrowed from an Irish bank to cover part of the settlements. "I need to say to you very openly: I need your help," Mahony said, his face and voice somber. Without such assistance, he said, retiring the debt could take up to 15 years and force even deeper cuts in administrative and support services the central office provides the archdiocese's 288 parishes. The cardinal also wrote letters seeking help from about 100 parishes that had undesignated funds of $100,000 to $1 million in the archdiocese's centrally managed investment pool, spokesman Tod Tamberg said. One such parish was St. Bernardine of Siena Church in Woodland Hills, which had significant savings, much of it from a $1-million bequest from a parishioner who died several years ago. After Mahony's appeal, the church's pastor, Father Robert McNamara, held two long meetings with his finance council, staff and lay leaders. In the end, McNamara decided to give nearly all of his parish's savings, almost $1.5 million. He declined recent requests for comment but explained the decision in several letters to parishioners. "I prayed a lot, had some sleepless nights too . . ," McNamara wrote April 27. "I kept asking what kind of parish is St. Bernardine's." McNamara reminded parishioners that both the church and its school still had substantial endowments and that the parish also had an emergency maintenance fund of about $540,000. And he said he had been inspired by his parishioners' generosity in raising nearly $170,000 in recent years for the victims of Hurricane Katrina, the Southeast Asian tsunami and famine in Africa. "You have given like a people who wanted to make a difference, and a difference you did make," he wrote. "That continued generosity inspired my decision then to help by giving all our savings minus $1,000." That amount was held back to keep the savings account open. McNamara acknowledged that the decision had come after meetings that included "some heated exchanges. There was some venting -- anger, disappointment, frustration, concern for victims, etc., all coming from the shame we felt as Catholics and our empathy for the victims," he wrote. But he said most of the responses since then had been supportive. At least one longtime member of St. Bernardine said she remains upset about the priest's decision, saying all parishioners should have been consulted. The woman spoke on condition of anonymity, saying she feared she would be criticized for speaking out against the gift. "When the basket came around, we were told that if we kept giving to the church, the money would not go to pay for anything related to the abuse," she said. "Now all that money is gone, and it's gone exactly where it wasn't supposed to go." But Eileen Fewless, the church's director of religious education who attended one of the discussions, strongly supported the gift. "Everyone in that meeting had a thoughtful, prayerful attitude, and I think most were really in favor of giving," she said. "That's the kind of parish we

Villanova School of Business 2008 Media Report


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