Live Breaking News & Updates on கேட் நெடெல்மன் மூலிகை
Stay updated with breaking news from கேட் நெடெல்மன் மூலிகை. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The financial resources of several dioceses rivaled or exceeded those available to publicly traded companies like Shake Shack and Ruth’s Chris Steak House, whose early participation in the program triggered outrage. Federal officials responded by emphasizing the money was intended for those who lacked the cushion that cash and other liquidity provide. Many corporations returned the funds. Overall, the nation s nearly 200 dioceses, where bishops and cardinals govern, and other Catholic institutions received at least $3 billion. That makes the Roman Catholic Church perhaps the biggest beneficiary of the paycheck program, according to AP s analysis of data the U.S. Small Business Administration released following a public-records lawsuit by news organizations. The agency for months had shared only partial information, making a more precise analysis impossible. ....
An AP investigation has found that scores of Roman Catholic dioceses in the U.S. had more than $10 billion in cash and other readily available funds when they received at least $1.5 billion from the federal government's small business relief program. ....
Scores of Roman Catholic dioceses had over $10 billion available when they got at least $1.5 billion in coronavirus small business aid, an AP investigation has found. ....
Sitting on billions, Catholic dioceses amassed taxpayer aid through Paycheck Protection Program Updated Feb 05, 2021; Facebook Share By Reese Dunklin and Michael Rezendes | The Associated Press When the coronavirus forced churches to close their doors and give up Sunday collections, the Roman Catholic Diocese of Charlotte turned to the federal government’s signature small business relief program for more than $8 million. The diocese’s headquarters, churches and schools landed the help even though they had roughly $100 million of their own cash and short-term investments available last spring, financial records show. When the cash catastrophe church leaders feared didn’t materialize, those assets topped $110 million by the summer. ....
Sitting on billions, Catholic dioceses amassed taxpayer aid By REESE DUNKLIN and MICHAEL REZENDESFebruary 4, 2021 GMT https://apnews.com/article/catholic-church-get-aid-investigation-39a404f55c82fea84902cd16f04e37b2 When the coronavirus forced churches to close their doors and give up Sunday collections, the Roman Catholic Diocese of Charlotte turned to the federal government’s signature small business relief program for more than $8 million. The diocese’s headquarters, churches and schools landed the help even though they had roughly $100 million of their own cash and short-term investments available last spring, financial records show. When the cash catastrophe church leaders feared didn’t materialize, those assets topped $110 million by the summer. ....