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To: NYer; All
Well, the Ga. Bulletin hit the mailbox this afternoon with the financial numbers. For everybody who has been trashing the Archbishop, here's a quick summary of the Mitchell bequest and the way the money was spent. AS USUAL, the AJC got it all wrong, and the Archdiocese clearly spent the money in a prudent fashion.

Only $300K of the bequest to the Archdiocese was spent on the "$2.2 million home". So to those of you who were saying "the Archbishop ought to spend no more than $200K on a house" . . . he was close.

The real property was free and clear as part of the bequest. $1.9M was realized by selling the old archbishop's residence to the Cathedral for use as the Cathedral rectory. Mr. Mitchell left $ 15 million to the Archdiocese in liquid assets. Of that, $3.75M went directly to charitable use - Catholic Charities Atlanta and several other charities. Another $3.75M went to Catholic schools in the Archdiocese, parish endowments, the Disadvantaged Parish Fund, and the Priests' Pension fund (split just about evenly among them). $7.5M went to capital investment in the Cathedral property.

Waiting for an apology from all of the people who were calling the Archbishop everything but a child of God . . . . waiting . . . waiting . . .

29 posted on 04/05/2014 12:42:25 PM PDT by AnAmericanMother (Ecce Crucem Domini, fugite partes adversae. Vicit Leo de Tribu Iuda, Radix David, Alleluia!)
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To: AnAmericanMother
Waiting for an apology from all of the people who were calling the Archbishop everything but a child of God . . . . waiting . . . waiting . . .

Doubtful they will see this comment. Do you have a link to original article? Post it, freepmail me and I will ping it. Good to hear this has been clarified.

30 posted on 04/05/2014 1:13:40 PM PDT by NYer ("You are a puff of smoke that appears briefly and then disappears." James 4:14)
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