The Nonprofit Quarterly | @npquarterly | A Global Nonprofit Ponzi Scheme? Lessons Learned from a Fiscal Sponsor’s Collapse

The Nonprofit Quarterly | @npquarterly | A Global Nonprofit Ponzi Scheme? Lessons Learned from a Fiscal Sponsor’s Collapse: When a nonprofit implodes, the tendency is to avert one’s gaze and hope that it was simply that one nonprofit or its specific cast of characters that made it a “one-off.” When the nonprofit International Humanities Center (IHC), a fiscal sponsor for over 200 projects around the world, imploded, it’s estimated that it took with it more than $1 million in donations that never made it to the intended recipients in what begins to look like a nonprofit version of a Ponzi scheme.