A Further Look into ECUSA Finances

Posted on August 17, 2009 
Filed under News

Katharine Jefferts Schori“The attorneys for ECUSA approve the expenditure of missionary funds in the areas of San Joaquin, Fort Worth and Pittsburgh. These ‘dioceses’ are not — and probably will never be, unless and until they win their respective lawsuits and gain access to the funds of the majorities who voted to leave — self-supporting, even though the dioceses which left each allowed those remnants to keep their own properties and bank accounts. But that is inadequate for them to keep their own clergy paid while the suits are pending — because all of the individual parish pledges and plate collections must go 100% to the payment of the cost of maintaining the current lawsuits. Thus there are no local funds available to pay clergy, and the helpful DFMS must step in. …”

– Christian lawyer A S Haley has been gleaning information about the Episcopal Church’s finances and over the weekend posted this article at Anglican Curmudgeon.