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Fiscal Sponsor for 200+ Progressive Non-Profits Collapses with over $1 Million Missing

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opednews.com

Opednews.com was one of over 200 progressive non-profit organizations that had substanital funds vanish. What all of these organizations had in common was their non-profit 501c3 fiscal sponsor known as the International Humanities Center, or IHC. The IHC provided donation processing  services for the non-profit organizations including OEN.

Several detailed articles have been written on the failure of the IHC, and these are linked to below for those interested in the sad tale of how all these progressive organizations lost much of their current operating funds.

As a reader of Opednews, and perhaps a donor, you'll want to know that OEN lost about $10,000 of funding donated to us from members when the IHC failed. Some of the other sponsored organizations lost much more money. The failure of the IHC is currently under investigation.

Fortunately, because of interventions Opednews took six months earlier and again in early January,  at least $5000 in other donations were protected.  Opednews is still in the process of doing due diligence to identify a new non-profit 501c3 fiscal sponsor. 

While working on that process Opednews.com is continuing to accept new donations. Checks will be held by opednews until deposited with our new fiscal sponsor. Credit card donations will be held by the credit card processing org, a reputable company that serves literally thousands of progressive organizations-- ie., a trusted operation, until the donations are deposited in the fiscal sponsor account, with acknowledgements and receipts provided.

This has been a very difficult time for OEN and the other progressive organizations that were victims of the failure of the IHC.  

Here are links to the most significant articles reporting on what is known about the failure of the IHC so far. 

 

Rob Kall is executive editor, publisher and website architect of OpEdNews.com, Host of the Rob Kall Bottom Up Radio Show (WNJC 1360 AM), and publisher of Storycon.org, President of Futurehealth, Inc, and an inventor . He is also published regularly on the Huffingtonpost.com

Listen to over 200 of Rob's Podcast interviews here.

Rob is, with Opednews.com the first media winner of the Pillar Award for supporting Whistleblowers and the first amendment.


With his experience as architect and founder of a technorati top 100 blog, he is also a new media / social media consultant and trainer for corporations, non-profits, entrepreneurs and authors.

Rob is a frequent Speaker on the bottom-up revolution, politics, The art, science and power of story, heroes and the hero's journey and Positive Psychology. He is a campaign consultant specializing in tapping the power of stories for issue positioning, stump speeches and debates, and optimizing tapping the power of new media. Watch me speaking on Bottom up economics at the Occupy G8 Economic Summit, here.

See more Rob Kall articles here and, older ones, here.

To learn more about Rob and OpEdNews.com, check out A Voice For Truth - ROB KALL | OM Times Magazine and this article. For Rob's work in non-political realms mostly before 2000, see his C.V..

And here's a one hour radio interview where I was a guest- on Envision This, on 10/23/13. And here is the transcript. 

And Rob's quotes are here.

To watch me on youtube, having a lively conversation with John Conyers, former Chair of the House Judiciary committee, click here Now, wouldn't you like to see me on the political news shows, representing progressives. If so, tell your favorite shows to bring me on and refer them to this youtube video.

Rob's radio show, The Rob Kall Bottom Up Radio Show, runs 9-10 PM EST Wednesday evenings, on AM 1360, WNJC and is archived at www.opednews.com/podcasts Or listen to it streaming, live at www.wnjc1360.com

Rob also hosted a health/mind/body/heart/spirit radio show-- the Rob Kall Futurehealth radio show. Check out podcasts from it at futurehealth.org/podcasts

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Press coverage in the Wall Street Journal: Party's Left Pushes for a Seat at the Table


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It is so sad that an organization into which a num... by M.I. Lee on Sunday, Feb 19, 2012 at 1:57:07 PM
The monetary losses to all these organizations is ... by June Genis on Sunday, Feb 19, 2012 at 2:51:13 PM
Having been in your position regarding 501(c)3's b... by TNProgressive on Sunday, Feb 19, 2012 at 6:53:38 PM