Where did the $54 million come from?

The Archdiocese allocated funds to the Cultural Center from its Loan Deposit Program and from prior investment earnings. The funds were issued beginning in March 2000 in what became a series of loans and maintenance advances totaling about $54 million.

No funds to support the Cultural Center were diverted from the archdiocesan Priests' Pension Plan or from its Endowment Fund, the latter established through the Stewards for Tomorrow fundraising campaign in 1994-95.