Mich.-based global charity shuts down

Financial crunch takes toll on International Aid

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updated 12:21 p.m. ET July 2, 2009

SPRING LAKE, Mich. - Southwestern Michigan-based charity International Aid is shutting down because of its financial struggles.

The Spring Lake-based nonprofit said Wednesday it needed to collect about $1.5 million in the past two months to balance its $70 million budget, but only gathered between $150,000 and $200,000.

International Aid has offered health and humanitarian support worldwide since 1980.

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CEO Gordon Loux says he is in discussions with six or seven nonprofits about rolling some International Aid programs into other organizations.

WWMT-TV and The Grand Rapids Press report about 40 people were employed by International Aid in the U.S. The shutdown also will affect 32 employees in Honduras and the Philippines.