(podcast) What is Risk?

Every change brings with it some amount of risk. When Church leaders make financial decisions should they strive to eliminate all risk that their decisions will incur, or is there a level of risk that is acceptable and proper? Patrick O’Meara discusses “risk” in this podcast, answering the following questions: What is risk? When and [...]

O’Meara Ferguson Advises on the Construction Financing for the Sixth Catholic Medical School

Tertium Quid – Vol. 3, Issue 1 – By David Morrison – April 30, 2012 (printable version) Marian University is currently constructing a new College of Osteopathic Medicine, only the sixth medical school in the country associated with a Catholic university. This project reflects the vision of President Dan Elsener and the Board and is [...]

Opportunity, Risk and the Hierarchy of Goods in the Economic Order

By Patrick O’Meara Presented: November 19, 2011 — Toruń, Poland — “Higher School of Social and Media Culture” IVth International Congress – Catholics and the Economy: Opportunity and Risk • (printable version) Behold I make all things new (Rev 21:5) So far in this colloquium we have heard from economists and economic actors from five [...]

(podcast) The Changing Revenue Model for Church Finances in Spain

From May 9-13, 2011 O’Meara Ferguson President and Founder Patrick O’Meara travelled to Spain to address a conference of Chief Financial Officers of the dioceses of that country. The conference was organized by the Canon Law faculty of the University of Navarre. In this podcast Pat O’Meara speaks with Fr. Daniel Mahan (who also participated [...]

(podcast) Hope for our Catholic Schools (Part IV): An Innovative Approach to Capital Funding

In Part III of our Hope for Our Catholic Schools series, O’Meara Ferguson President and Founder Patrick O’Meara discussed four models of capital funding for Catholic schools. In Part IV of the series, Patrick offers an example of how an appreciation of capital models made all the difference in the world for one Catholic school [...]

(podcast) Hope for our Catholic Schools (Part III): Capital Models

Catholic Education is one of the Church’s primary responses to Christ’s mandate to “Go unto all the nations, baptizing them in the name of the Father, the Son and the Holy Spirit – teaching them to observe all that I have commanded you.” Sadly, across the country, Catholic schools are closing or are on the [...]

Is an Endowment Wrong for Catholic Institutions?

Tertium Quid – Vol. 2, Issue 6 – By Carlos R. de Quesada – July 7, 2011 (printable version) Is creating an endowment(1) wrong philosophically, conceptually or practically for a Catholic institution? In this article, I will provide some limited background on opposing views and their rationale and argue that it is well within Christian [...]

A New Look at the “New Normal”

Tertium Quid – Vol. 2, Issue 5 – By Philip Ashton – June 6, 2011 (printable version) In the spring of 2009, the manager of the largest bond fund in the world, Pacific Investment Management Company (PIMCO), introduced the concept of the “New Normal” to an investing public that was still reeling from the economic [...]

Morally Responsible Investing for the Catholic Institutional Investor

Tertium Quid – Vol. 2, Issue 4 – By Philip Ashton – April 29, 2011 (printable version) In the oft quoted parable of the talents(1) ,the servant that ‘played it safe’ and buried the ‘talent’ was treated sternly by the Master. Is the lesson to place “double or nothing” bets? Of course not, and we [...]

Characteristics of an Effective Parish Finance Council

Tertium Quid – Vol. 2, Issue 3 – By Brian Rubino – March 30, 2011 (printable version) Canon Law places responsibility for parish financial and temporal management with the Pastor. However, the parish Finance Council is a consultative group that plays a vital role in assisting the Pastor in the execution of these responsibilities. Each [...]

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