Friday, March 1, 2013

Diocese of Wilmington announces fundraising campaign, cites clergy abuse bankruptcy settlement

DOVER, Delaware — The Catholic Diocese of Wilmington is embarking on a major fundraising campaign, 18 months after emerging from bankruptcy.

The diocese on Friday announced a three-year campaign to raise funds for pensions, ministries and parish needs.

Officials said the campaign is designed to meet the needs created by a $77 million bankruptcy settlement with survivors of sexual abuse by pedophile priests. The diocese said the settlement drained its reserves and requires it to add $10 million to its lay employees' pension plan by the end of 2017.

WILMINGTON (DE)

The Republic

THE ASSOCIATED PRESS

March 01, 2013