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Thread: CARES Act Funding

  1. #1

    Default CARES Act Funding

    The city of OKC decided that a bible museum in DC was a good use of limited funds.
    HL got the maximum payout of 100k.

    Museum of the Bible in Washington D.C. approved for Oklahoma CARES Act money because of its OKC headquarters | KFOR.com Oklahoma City
    https://kfor.com/news/local/museum-o...-headquarters/

  2. #2

    Default Re: CARES Act Funding

    The museum has plenty of jobs located here in OKC. Not sure I see the angle as the CARES act makes no distinction between a for-profit or non-profit employer (or even religious non-profit for that matter).

  3. #3

    Default Re: CARES Act Funding

    Quote Originally Posted by rwalker View Post
    The museum has plenty of jobs located here in OKC. Not sure I see the angle as the CARES act makes no distinction between a for-profit or non-profit employer (or even religious non-profit for that matter).
    79 employees in OKC according to news last night. With their main benefactor being worth approx. 6 billion dollars....not sure they needed as much as some of the many small businesses that are shutting down.

  4. #4

    Default Re: CARES Act Funding

    Quote Originally Posted by rwalker View Post
    The museum has plenty of jobs located here in OKC. Not sure I see the angle as the CARES act makes no distinction between a for-profit or non-profit employer (or even religious non-profit for that matter).
    The angle is 100k for 79 jobs for a facility on the other side of the country.
    Now I will say that it is a subjective call on best use of limited funds to maximize their use. In my opinion it is not.

  5. #5

    Default Re: CARES Act Funding

    Quote Originally Posted by Jersey Boss View Post
    The angle is 100k for 79 jobs for a facility on the other side of the country.
    Now I will say that it is a subjective call on best use of limited funds to maximize their use. In my opinion it is not.
    Fair enough, but the CARES Act doesn’t really care where a business’s assets are located. It is focused on where the employees are located.

    So whether the museum is in DC or Oklahoma is a bit of a red herring for CARES Act purposes.

  6. #6

    Default Re: CARES Act Funding

    Quote Originally Posted by Jeepnokc View Post
    79 employees in OKC according to news last night. With their main benefactor being worth approx. 6 billion dollars....not sure they needed as much as some of the many small businesses that are shutting down.
    +1

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