The Diocesan Expansion Fund (DEF) is a creative, solid, financial mechanism, estabished to assist The Roman Catholic Diocese of Worcester, Corporation Sole in its financial management. It is a cost-effective and cost-efficient system which serves the Diocese and its affiliates well.
The DEF is the depository for all parish, cemetery, and other affiliates savings. It enables the Diocese and its affiliates to earn interest on their savings and at the same time offer mutual financial assistance and pastoral concern in their common mission of witnessing to Jesus and proclaiming the message.
The DEF is available as a resource for loans to purchase, construct, or renovate parish, cemetery or other affiliates property within the administrative structure of the Diocese. The latter is done according to internal policies and procedures developed by the DEF Board of Govenors and approved and published by the Residential Bishop.
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