Guidelines for the Administration of the Assets

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The Congregation for Institutes of Consecrated Life and Societies of Apostolic Life ISBN 9966-08-910-1; 16 pages; publication 2015 Read more

The field of economics is a means of missionary activity for the Church. To follow up on the Symposium: Management of Ecclesiastical Assets of Institutes of Consecrated Life and Societies of Apostolic Life in the Service of Humanity and the Mission of the Church, which took place in March of this year and in which a larger number of General Superior and Treasurers participated, this Dicastery wishes to address some issues relative to this topic to those responsible at various levels and would like to recommend some fundamental principles of management of our assets and to offer some useful suggestions for the re-organisation of our apostolic works. The Symposium stressed that the assets of Institutes of Consecrated Life and Societies of Apostolic Life are 'ecclesiastical assets" In fact, these Institutes and Societies are "public juridical persons," established by the competent authority so that within the purposes set out for them, they fulfill in the name of the Church, according to the norms of the prescripts of the law, the proper function entrusted to them in view of the public good." For this reason, the demands of fiscal assets should never exceed "the 'ends' to which they should serve and for which they should sense restraining Limitations, the generosity of the investment, and the spiritual significance."

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