More news on the situation at Mass Hort:
One of the commenters on our original post was an 18 year-old college student who is out $3500 that he had hoped to use for tuition this fall. He’s gotten some coverage locally, and the Boston Globe has picked up the story, reporting that the group is "reorganizing its finances and expects to start sending out checks to vendors by the end of next month." To raise funds, the article reports, Mass Hort may " sell off some of its $8 million in assets, which includes books, stocks, and bonds." It will probably take a while to straighten out the mess–apparently the group didn’t file its 2007 tax returns, suggesting bigger problems than a low bank balance.Posted by Amy Stewart on August 28, 2008 at 8:45 am, in the category Ministry of Controversy.