As global Catholics welcome Pope Leo XIV the first American-born pope the president of the Papal Foundation, the sole U.S. based charitable organization aligned with the Holy See’s humanitarian outreach, suggests his American heritage could usher in a new wave of generosity within the Church.
Ward Fitzgerald, who chairs the Papal Foundation’s board, believes Pope Leo’s cultural connection to the U.S. may inspire increased contributions toward his mission to serve the poor, the vulnerable, and the marginalized.
“Being American, Pope Leo is likely to resonate deeply with Americans,” Fitzgerald said. “That connection could drive more support for his causes, especially those focused on compassion and human dignity.”
The Papal Foundation, which funds projects chosen by the pope and supports the education of priests and religious leaders, is primarily backed by American donors known as the “Stewards of St. Peter.” According to Fitzgerald, around 90–95% of donors are from the U.S., and none of their contributions are funneled directly to the Vatican or Holy See operations.
Fitzgerald also noted that Pope Leo XIV’s fluency in English rare among pontiffs might bridge cultural gaps and make his message more relatable to Americans.
“Often, the papacy can feel distant to U.S. Catholics,” he said. “We’re not entitled to a pope who speaks our language, but having one who does can make a real difference. It creates clearer communication and a stronger emotional link to the Church’s global mission.”
In an age dominated by video calls and virtual conversations, Fitzgerald believes spoken communication—especially in a familiar language—can help the faithful connect with the pope’s goals on a personal level.
“Verbal communication builds intimacy and trust. It helps people emotionally engage with the Holy Father’s vision, particularly his focus on those on society’s margins,” he explained.
Having met Pope Leo XIV—formerly Cardinal Robert Prevost—Fitzgerald described him as balanced and principled. “He doesn’t fit neatly into left or right political categories,” he said. “I’d call him a compassionate conservative—someone deeply committed to truth and service.”
According to Fitzgerald, the pope’s guiding philosophy is built on three key foundations: a Thomistic appreciation of the harmony between faith and reason, an Augustinian passion for leading souls to Christ, and a genuine concern for the poor—shaped by years of pastoral work in Peru.
Beyond his role with the Papal Foundation, Fitzgerald also serves as CEO of ExCorde Capital, a private equity firm with expertise in real estate markets. He expressed hope that Pope Leo’s tenure would bring more financial transparency to Vatican operations and better management of Church assets.
“Greater clarity around Vatican finances could encourage the global Church to be more generous,” he said. “Many people perceive mismanagement—even if that’s not true. But if the Vatican openly communicates how its resources are used, I believe more Catholics would rally behind its mission.”
Given the wealth of the U.S. compared to many other nations, Fitzgerald believes American Catholics are likely to play a leading role in supporting Pope Leo’s initiatives.
“America is well-positioned to give,” he said. “And with a pope who understands its culture, we’re likely to see an outsized contribution from American Catholics.”
Fitzgerald also raised concerns about the Church’s real estate holdings, which, he said, can either serve the mission or hinder it.
“Not all Church property is a blessing—sometimes it’s a burden,” he noted. “Now is the time to shed properties that don’t advance the mission of truth and Christ’s message. We need to focus our resources where they can do the most good.”
With Pope Leo XIV at the helm, Fitzgerald is optimistic that the Church is entering a new era—one marked by compassionate leadership, clearer communication, and a revitalized spirit of giving.
Source: CNA