Priests for Life conducts an independent audit every year.
Click here for the 2018 Audit
Priests for Life is pleased to make a copy of our most recently completed annual audit report available to our supporters and donors. We have worked with our independent public accountants, to issue a clear and transparent audit report that provides assurance that the organization's financial statements present a fair and accurate representation of Priests for Life's financial position and performance in accordance with generally accepted accounting principles.
Due to the delays caused by the COVID-19 pandemic, Priests for Life is working diligently with our independent public accountants to complete our 2019 audit.
2019 Activities Reports
Previous Audits of recent years:
Click here for the Activities Reports of Previous Recent Years
Information about our auditing firm can be found here.
Our audit committee consists of the following professionals:
Michael Nierva, Managing Director in the
Prime Brokerage division of JP Morgan Chase
Roger Baler, Chief Information Officer (CIO),
Paul Joseph A. Magahis, Senior Vice
President, Lazard Capital Markets
In 2013, the
Vatican, having been asked to assist in the continued growth of Priests for
Life, also gave the following commentary on the administration of our
financial administration of PFL has been publicly called into question.
Despite various accounts to the contrary, it is the opinion of the Apostolic
Visitator that the Association has been relatively well administered
financially… There has been an annual Audit of the Association every
year…[T]he work and finances of PFL are in order… [T]he
administrative costs of PFL are in keeping with other groups receiving
similar funding in the United States." (Report of the Congregation for
Clergy, November, 2013)
See our special brochure outlining how your support is utilized, including a pie chart of expenses.
Frequently Asked Questions About Our Fundraising