$25.8 Million Collected to Finance Retirements
Additional grants totaling $25.8 million have been made to Roman Catholic religious orders to help pay retirement and health costs of elderly and infirm members.
The money was contributed by Catholics throughout the United States in the 1990 appeal for the Retirement Fund for Religious, the third and most successful year in which the drive has been conducted.
For basic retirement, grants went to 482 women’s communities and to 138 men’s orders. The new grants brought to a total of $74.6 million distributed to help religious communities with retirement.
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