The plan includes $5 million paid out from the archdiocese over five years, $4 million from three prominent Twin Cities Catholic high schools and a $3 million "voluntary contribution" from the nearly 200 Twin Cities parishes that operate under the archdiocese. That's on top of nearly $9 million raised already in land and asset sales.
The archdiocese also plans to tap money sitting in a fund it uses to pay health care costs for its employees.
The archdiocese has already sold $8.8 million in assets.Full article at MPR
It's also selling the property of three Twin Cities Catholic high schools — Benilde-St Margaret's in St. Louis Park, Totino-Grace in Fridley and DeLaSalle in Minneapolis — to each respective school for a total price of $4 million.