Dissolution
Gingrich left the organization when he announced his forming an exploratory committee to run for president in March 2011, as required by law. The organization was dissolved in July 2011, according to Joe Gaylord, who took over after Gingrich's departure. "We had difficulty raising money after Newt left", said Gaylord. During its four years it raised $52 million but spent nearly two-thirds of that on fundraising. According to an August 2011 filing with the IRS, it raised $2.4 million in the first half of 2011, but spent $2.9 million.
On September 14, 2011, the defunct organization's landlord, B.G.W. Limited Partnership, filed a complaint against American Solutions in the landlord-tenant division of Washington, D.C., Superior Court alleging that the organization owed $16,000 in back rent on its offices located in the same "K" Street building that houses the other Gingrich Enterprises organizations, and that the office space had neither been vacated nor the keys surrendered. American Solutions failed to enter an appearance at a court hearing held on October 6, and on October 19 Superior Court Judge A. Franklin Burgess Jr. ruled that the organization owed $20,130 in back rent and court fees and authorized the U.S. Marshals Service to evict American Solutions.
Read more about this topic: American Solutions For Winning The Future
Famous quotes containing the word dissolution:
“From low to high doth dissolution climb,
And sink from high to low, along a scale
Of awful notes, whose concord shall not fail;”
—William Wordsworth (1770–1850)
“...that absolutely everything beloved and cherished of the bourgeoisie, the conservative, the cowardly, and the impotent—the State, family life, secular art and science—was consciously or unconsciously hostile to the religious idea, to the Church, whose innate tendency and permanent aim was the dissolution of all existing worldly orders, and the reconstitution of society after the model of the ideal, the communistic City of God.”
—Thomas Mann (1875–1955)
“The most dangerous aspect of present-day life is the dissolution of the feeling of individual responsibility. Mass solitude has done away with any difference between the internal and the external, between the intellectual and the physical.”
—Eugenio Montale (1896–1981)