ORLANDO, Fla. — New records obtained by Channel 9 reveal the OnePULSE Foundation dissolved quietly at the end of last year-- unable to pay off all their debt.
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In liquidation plans filed with the Florida Department of State on Dec. 28, onePULSE says it is “insolvent and funds will be insufficient to pay unsecured creditors in full.”
Read: OnePULSE Foundation officially dissolves
Florida Secretary of State Cord Byrd confirmed in a press release Thursday, the Foundation repaid nearly $400,000 dollars to the state before dissolving.
In early December, the state demanded in a letter to the onePULSE Foundation’s Chief Financial Officer to pay all money the organization used from a $500,000 cultural grant OnePULSE was rewarded in 2019 for the canceled Pulse National Memorial and Museum project.
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We reached out to OnePULSE Foundation for comment Thursday night. We have not heard back.
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