RALEIGH INTERNATIONAL TRUST CEASES OPERATIONS WITH IMMEDIATE EFFECT
It is with enormous sadness that we report Raleigh International Trust will cease operating from Thursday 19 May 2022. Raleigh International Trust is inclusive of Raleigh Nepal and Raleigh Nicaragua. Raleigh Tanzania and Raleigh Costa Rica have independent status, and we are currently exploring the future viability of them operating without Raleigh International Trust.
Since 1978 our charity has placed over 55,000 young people from over 100 countries in our international sustainable development programmes. However, despite our team’s intensive fundraising efforts, continuous hard work and ongoing cost-saving measures in the face of increased economic pressures, we have been advised that the charity is insolvent.
Regrettably, the combination of dramatically reduced funding and foreign aid, plus the legacy of two years of delayed or cancelled programmes, due to the Covid-19 global pandemic and its associated overseas travel restrictions, have had an irreversible impact.
The charity’s Trustees have appointed Carter Backer Winter LLP (“CBW”) to assist as we enter into Creditors’ Voluntary Liquidation, with all employees made redundant and future expeditions cancelled.
We appreciate this news will come as a devastating blow to our volunteers and supporters. The team at Raleigh International are extremely proud of the positive impact we have made over the years to help communities across the world and would like to take this opportunity to thank everyone – from volunteers and staff to communities, project partners and funders – who have supported our work.