The Papal Foundation began in 1988 as a response to the desire of Catholic clergy and laity in the U.S. for a unique, sustainable way to support the Holy Father and his witness in the world.
Income generated from the investment of capital creates a perpetual source of revenue. The portfolio does not invest in any companies that engage in activities inconsistent with their faith.
The mission of the Papal Foundation is to serve the Holy Father and the Roman Catholic Church.
They do this by gathering in a corporal and cooperative collaboration of laity, clergy and hierarchy within the Church, in witness to one another of their faith, and drawing strength from the witness of the Holy Father.
They bring and contribute their faith, their energy and their financial resources, to serve those needs of the Church that are of particular significance to the Holy Father, always with a commitment to walk in union with the Holy Father and the Magisterium of the Church.