Andrew Greeley - Income

Income

Income generated from the sale of his books has been used to fund certain philanthropies. In 1986, Greeley established a $1 million Catholic inner-city School Fund, providing scholarships and financial support to schools in the Chicago Archdiocese with a minority student body of more than 50%. In 1984, he contributed a $1 million financial endowment to establish a chair in Roman Catholic Studies at the University of Chicago. He also funds an annual lecture series, “The Church in Society”, at St. Mary of the Lake Seminary, Mundelein, Illinois, where he earned his S.T.L. in 1954. He donated several thousand dollars to the 2008 presidential campaign of Barack Obama.

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    The question for the country now is how to secure a more equal distribution of property among the people. There can be no republican institutions with vast masses of property permanently in a few hands, and large masses of voters without property.... Let no man get by inheritance, or by will, more than will produce at four per cent interest an income ... of fifteen thousand dollars] per year, or an estate of five hundred thousand dollars.
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