Article: News - Fundraising company to cease operations: "Fundraising company to cease operations
By JENNIFER MUIR
The Orange County Register
A fundraising company that owes local schools and nonprofit groups more than $220,000 announced plans today to temporarily end operations.
Scrip Advantage of Fresno will close its doors in the coming weeks. It remains unclear whether the schools and nonprofits will be reimbursed, Scrip board member Jeff Hensley said.
The company’s board of directors will continue searching for equity investors to carry them through a Chapter 11 reorganization, he said."
No comments:
Post a Comment