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DCI receives $4,700,000 grant


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FWIW, DCI also received PPP support in April 2020 for $324,000 and February 2021 for $303,200. (Source - https://projects.propublica.org/coronavirus/bailouts/search?q=drum+corps+international). 

 

 

 

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2 hours ago, DrumCorpsRadio said:

FWIW, DCI also received PPP support in April 2020 for $324,000 and February 2021 for $303,200. (Source - https://projects.propublica.org/coronavirus/bailouts/search?q=drum+corps+international). 

 

 

 

Looks like quite a few Drum Corps took out PPP loans.

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4 hours ago, jjeffeory said:

Looks like quite a few Drum Corps took out PPP loans.

So if any money that goes to DCI goes to the corps… is that double dipping? Is that legal?

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1 hour ago, JimF-LowBari said:

So if any money that goes to DCI goes to the corps… is that double dipping? Is that legal?

I haven't seen any paperwork, but my guess is the individual corps submitted for money lost from their own operations, and DCI submitted for its operations that may, in turn, flow downhill to the corps.  Nothing illegal about that.  If you have a job and you belong to a trade group, you can get paid by both.

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3 hours ago, JimF-LowBari said:

So if any money that goes to DCI goes to the corps… is that double dipping? Is that legal?

Not double dipping.

DCI is its own legal entity, the member corps are their own legal entities....

 

Also, PPP and Shuttered Venue are different programs.

Edited by jjeffeory
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3 hours ago, JimF-LowBari said:

So if any money that goes to DCI goes to the corps… is that double dipping? Is that legal?

well remember corps have their own revenues they bring in under normal circumstances that are theirs alone, so i doubt it

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2 hours ago, Tenoris4Jazz said:

I haven't seen any paperwork, but my guess is the individual corps submitted for money lost from their own operations, and DCI submitted for its operations that may, in turn, flow downhill to the corps.  Nothing illegal about that.  If you have a job and you belong to a trade group, you can get paid by both.

Last sentence makes some sense as showing a difference in income sources…. 👍

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