Saturday, February 29, 2020

Texas Episcopalians Will Pay $13 Million in Racial Reparations

From Texas-

The Texas Episcopal Diocese says it will pay $13 million in reparations to descendants of slaves, one of several institutions that confess they once benefited from human bondage.

The Texas Diocese is based in Houston, one of the most diverse metros in the country. But the denomination is among the least racially diverse religious groups in the US. Slaves in 1839 built its first house of worship, Christ Episcopal Church in Matagorda, Texas.

The regional diocese, with $1.8 billion in assets, said it wants to atone for its past by channeling some of that money to various organizations supporting African Americans.

“It was an opportunity to do something positive in leadership, to show ways in which other funds can make a difference in an area where we find a lot of conflict—and where people want to see health and vitality around the race conversation,” said Andrew Doyle, bishop of the Texas Diocese, who is also chair for the diocese’ five foundations that oversee their investments. 

More here-

https://www.ai-cio.com/news/texas-episcopalians-will-pay-13-million-racial-reparations/

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