In
In re Roman Catholic Archbishop of Portland in Oregon, (Bkrptcy. Ct. D. OR, July 20, 2006), an Oregon Bankruptcy judge held that the Diocese’ Perpetual Endowment Fund is a valid charitable trust and is not part of the assets that can be reached by Diocese creditors in its bankruptcy proceeding. The $36 million fund religious, educational and charitable programs, as well as operating expenses of the Diocese Chancery Office. Yesterday’s
Portland Catholic Sentinel carried an article about the court decision.