The failed Doomsday prophet Harold Camping, the president of Family Radio who raised over $80 million of donations over the past five years, said he has no intention of giving any money back to those who have donated for his false Doomsday campaign.

The Oakland, Calif. based broadcasting network Family Radio has 66 stations over the world, including Russia, Turkey, Philippines, and Taiwan, and over 75 different language translations. The IRS filings reveal that the non-profit organization is worth $72 million.

Camping has repeatedly announced in the public that the Doomsday will take place on May 21, 2011 when 200 million people will Rapture and the remaining people will go through series of natural disasters, including earthquakes that would make Japan’s recent earthquakes “look like a Sunday school picnic in comparison,” until October 21, 2011 when the world will be destroyed completely. Basing his calculation on Bible verses, Camping said he was, “without any shadow of a doubt it (Doomsday) is going to happen.”

Many of Camping’s followers have given money to fund the Doomsday campaign, and some even quit their jobs and spent their entire savings.

But in the Open Forum at Family Radio headquarter on Monday, Camping said he does not plan to give back any money to those whose lives have been destroyed due to his “misinterpretation” of the Judgment Day. Camping would not admit that his Doomsday prediction has failed – he simply said it happened spiritually rather than physically.

Below are excerpts from the Q&A session that Camping held:

Question: How much money has Family Radio raised as a result of the campaign, and do you intend to return it?

Camping: I really don’t know. We have had two sources of income. We have had the gifts from our listeners and we try to make that get as much mileage as we can, because they are not really giving it to Family Radio – they are really giving it because of their desires to propagate the Gospel as believers are commended to do. And we are simply emphasizing that we can do this more efficiently. We can get way more mileage out of it with our radio stations than you can ever could for yourself.

Question: Do you intend to return that money now?

Camping: No, that money is still going out. We are still in business. We are not at the end – why would we return it? We are not out of business. We still have to go another five months (October, 21, 2011).

Question: Will you return it in October?

Camping: Why would we return it? It always comes back to money. It was given to get the Gospel out, and we are spending it as wisely as possible. And maybe by October 21, we might only have $10 left.

Question: Will you dissolve Family Radio in October?

Camping: If it is the end of the world, God is going to dissolve it. I am not the CEO. Haven’t you heard me say that again and again? I am not the CEO. I am a servant of God working here and God is the CEO. We look to Him all the time for guidance and He is the one who opens doors.

Watch the video below to hear Harold Camping speak:

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