Historically, these have been funds for the parish priest to use as an allowance for his financial livelihood, a stipend (small salary) for the assistant priest(s), their weekly sustenance needs and a modest wage for a house keeper. After the Second Vatican Council in the early 1960s dioceses were encouraged to establish a central fund to which the proceeds of each parish’s first collection (less their deductions for sustenance needs) was directed and from which stipends were then paid according to an equitable arrangement.
In 1984, a central fund known as the Clergy Remuneration Fund was established.
Today, this fund provides for a priest’s:
- Monthly stipend
- Private health insurance
- Superannuation contribution
… which, altogether is comparable to the value of the aged pension. This fund also provides a co-contribution towards the financial support of a priest who is on light duties due to ill health or who has retired.
If you would like to contribute financially to the running of the parish we make this possible in a number of ways.
If you can afford to make a regular contribution the best way to do this is to join the planned giving program. This enables the parish to have a steady source of income from which we can pay our bills and plan on how we can best service our community. Please contact the parish office for more details.
For those people where a regular weekly or monthly commitment is not possible but also don't want to put cash on the plate at Mass we have a 'donate' button where you can make adhoc donations. This allows you to contribute when you can and however much you can afford. Donate now by clicking here.
Are you thinking of the kind of gift that keeps on giving even after you have stopped? By leaving us a gift in your will or contributing to our endowment fund your gift ensures that we have money into the future to continue the parish you helped us build. Click here to go to our Bequests page.
Account Number: 002286
Ref: YOUR NAME
St Francis Xavier Cathedral
PO Box 874, Wollongong NSW 2520