Institute for the Works of Religion - Wikipedia, the free encyclopedia
It seems only the surplus the bank makes is at the disposal of the Vatican.The institute was founded by papal decree of Pope Pius XII in June 1942. Its assets are not property of the Holy See, and so it is not overseen by the Prefecture for the Economic Affairs of the Holy See. The Annuario Pontificio lists it under neither "Holy See" nor "Vatican City State", placing it among charitable foundations.
I refuse to accept the view that mankind is so tragically bound to the starless midnight of racism and war that the bright daybreak of peace and brotherhood can never become a reality. - MLK