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General News    H2'ed 2/19/12

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

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Rob Kall
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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. 

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Rob Kall Social Media Pages: Facebook Page       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Rob Kall is an award winning journalist, inventor, software architect, connector and visionary. His work and his writing have been featured in the New York Times, the Wall Street Journal, CNN, ABC, the HuffingtonPost, Success, Discover and other media.

Check out his platform at RobKall.com

He is the author of The Bottom-up Revolution; Mastering the Emerging World of Connectivity

He's given talks and workshops to Fortune 500 execs and national medical and psychological organizations, and pioneered first-of-their-kind conferences in Positive Psychology, Brain Science and Story. He hosts some of the world's smartest, most interesting and powerful people on his Bottom Up Radio Show, and founded and publishes one of the top Google- ranked progressive news and opinion sites, OpEdNews.com

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Rob Kall has spent his adult life as an awakener and empowerer-- first in the field of biofeedback, inventing products, developing software and a music recording label, MuPsych, within the company he founded in 1978-- Futurehealth, and founding, organizing and running 3 conferences: Winter Brain, on Neurofeedback and consciousness, Optimal Functioning and Positive Psychology (a pioneer in the field of Positive Psychology, first presenting workshops on it in 1985) and Storycon Summit Meeting on the Art Science and Application of Story-- each the first of their kind. Then, when he found the process of raising people's consciousness (more...)
 

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