Why Would Rich Non-profits Tap The Paycheck Protection Program?


(From The AP)

As the pandemic began to unfold, scores of Catholic dioceses across the U.S. received aid through the Paycheck Protection Program while sitting on well over $10 billion in cash, short-term investments or other available funds, an Associated Press investigation has found. And despite the broad economic downturn, these assets have grown in many dioceses.

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This article was originally posted here: https://www.ac2news.com/2021/02/why-would-rich-non-profits-tap-the-paycheck-protection-program/.

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