The Jesuits declares to the IRS that the president of the college is exempt from paying income taxes, by saying,
“Father Michael J. Garanzini, S.J. is a member of the Society of Jesus and has taken a vow of poverty. During Calender year 2009, the university paid compensation and benefits in the amount of $498,568 to the Society of Jesus,
the founders of Loyola University of Chicago for his services.”
Link (here) toThe Dallas Blog
1 comment:
On one hand it is recognized that our community has norms of conduct and those norms of conduct are not God’s norms of conduct. We currently live in a world where private values are considered more important than public values and the intent of the law.
At the same time, Jesuits are expected to be role models to the Catholic community – and not role models to the wealthy who seek ways to avoid community values.
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