Once the presentation team secures a sponsor and the sponsor is installed, all funding from that point will come only from the sponsor only—and the $5 fundraising campaign will end.
Click theto see more and the
to see less
Once a sponsor is installed, NO FURTHER PUBLIC FUNDING WILL BE ACCEPTED.
Sponsor-only funding will cover the operational costs of the HSe4Metrics social media app, which are expected to far exceed the public’s limited $700,000 contributions. During the due diligence period, potential sponsors will assess the app’s mission, operational and cloud expenses, and evaluate the opportunity to become the national sponsor.
All public fundraising efforts will cease immediately upon securing a sponsor, and no further public contributions will be accepted.
Additionally, once a sponsor is in place, the presentation team will be disbanded—or if retained will thenceforth be paid by the sponsor only (not by the public).
Upon securing sponsorship, the sponsor will formally assume responsibility for funding the HSe4Metrics social media app.
Will HSe4Metrics retain its 501(c)(3) status after securing a sponsor?
To ensure smooth and effective operations, the publicly-traded corporation serving as sponsor may require direct oversight of all expenditures tied to its vast annual HSe4Metrics social media app operations and cloud costs. This hands-on approach by the sponsor might be expected to quickly surpass the capabilities of volunteer directors typically required by a 501(c)(3), whose involvement—though well-intentioned—may unintentionally hinder fast, critical decision-making and limit operational flexibility.
In the fast-moving digital environment, particularly for an audience as challenging as the K-12 age group, immediate responsiveness is essential. Whether addressing technical glitches or swiftly adapting to shifting user engagement, delays could negatively impact performance metrics, diminish the app’s effectiveness, and consequently diminish its impact on K-12 metrics, the reason for the app.
To protect its vast annual investment (operations and cloud costs), the sponsor may request that HSe4Metrics transition back to its previous for-profit IRS status, thereby removing the necessity for volunteer oversight.
Regardless of the organizational structure, the app’s commitment to free access and an ad-free experience will remain unchanged.
In the event HSe4Metrics were to give up its 501(c)(3) tax status, the HSe4Metrics web app’s sponsor would lose much of its associated tax advantages. However, for-profit corporations such as the sponsor, driven by a sense of societal responsibility, together with long-term strategic interests, sometimes demonstrate nonprofit qualities. In this scenario, rather than defer to a 501(c)(3)’s board of directors, the sponsor might prefer to call on its in-house expertise—drawing from IT specialists, legal teams, and executives—to oversee the spending of the funding it provides.