The Papal Foundation

The Papal Foundation has given grants to help popes support the poor since it first gift to Pope John Paul II in 1990. Its fund has grown to more than $215 million. The charity said in a statement: “The grants to help those in need around the world and of significance to the Holy Father are reviewed and approved through well-accepted philanthropic processes by the Board and its committees.” To become a “steward” of the charity, lay members must promise “to give $1 million over the course of no more than 10 years with a minimum donation of $100,000 per year”