04-02-2021 07:33 via kvoa.com

Sitting on billions, Catholic dioceses amassed taxpayer aid

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 nation’s emergency relief program for small businesses slammed by the coronavirus, an Associated Press investigation has found.
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 participation in th
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