Central North Carolina Council is proud to partner with the:  

Rowan County United Way

United Way of Richmond County 

United Way of Stanly County

 

          

   

 

    

         


 
Central North Carolina CouncilNovember 2nd SE Announcement

 

Dear Chartered Partners—

 

As valued partners of the Boy Scouts of America (BSA), we are writing to you today to provide an update on the national organization’s financial restructuring.

 

The BSA has spent nearly two years working through this financial restructuring to come to a resolution that will equitably compensate survivors and ensure that Scouting’s mission continues. We are closer than ever to fulfilling these dual imperatives, as we’ve reached a critical juncture in our case by asking claimants – including your organization if you have filed a claim in the BSA’s Chapter 11 case – to vote to approve the BSA’s Plan of Reorganization. Approval of the BSA’s Plan of Reorganization is critical to completing the financial restructuring process so that survivors may receive compensation from the Trust while the mission of Scouting continues.

 

The Plan outlines the BSA’s roadmap for the future of Scouting while fulfilling our commitment to compensate survivors through the formation of a Trust, which currently totals more than $1.8 billion plus valuable insurance rights. The Trust includes contributions from the BSA, Local Councils, certain Chartered Organizations, and certain insurers, and we expect further settlements with additional parties, which would significantly increase the total value of the Trust, and therefore the compensation available for survivors.

 

Action Items for Chartered Partners

 

Before we provide more in-depth background information to address misinformation that is currently circulating, we wanted to summarize the next steps we encourage you all to take:

 

 

  • Re-charter with the BSA, so that together, we can ensure the mission of Scouting continues to benefit youth for generations to come.

 

Throughout the financial restructuring process, the BSA has been focused on ensuring that our chartered partners are fairly represented. We deeply value your commitment to Scouting over the years and are optimistic about our future together. As we move to the final stage of our financial restructuring, the BSA has proposed a Plan of Reorganization under which you will automatically be deemed to contribute to the Trust certain insurance rights under policies issued to the BSA on or after January 1, 1976 in exchange for full and complete releases from claims of Scouting-related abuse alleged to have first occurred on or after January 1, 1976. You also have the option to negotiate with the BSA, the Coalition, and the Future Claimants’ Representative a monetary contribution in exchange for full and complete releases from all Scouting-related abuse claims, regardless of when such abuse is alleged to have occurred (i.e., including claims that arose before January 1, 1976).

 

You may have recently received a letter in the mail from the Tort Claimants Committee (TCC) urging you not to support the proposed Plan of Reorganization. Please bear in mind that the TCC does NOT speak for the vast majority of survivors who have filed claims in the case. Attorneys affiliated with the Coalition of Abused Scouts for Justice represent more than 80% of abuse survivors, and they support the Plan of Reorganization.

 

We believe the Plan of Reorganization provides significant benefits and certainty to Chartered Organizations, including automatic releases from post-1975 abuse claims for all Chartered Organizations, and if you have filed a claim in the BSA’s Chapter 11 case, we encourage you to vote to accept the Plan. If you have any questions about your role in the financial restructuring, please contact Stuart.Williams@scouting.org.

 

We are very grateful for your partnership and support of the BSA. It is your participation and commitment that enables us to deliver the Scouting program together to millions of youth in our country for generations. We hope you will choose to continue your partnership with the BSA by re-chartering in order to provide character development and values-based leadership experiences together for generations of youth now and in the future.

 

There has never been a better time to be part of Scouting, and with your support, we anticipate a very bright future for the BSA. If you have any questions about BSA’s Plan or Reorganization or how to re-charter with the BSA, please reach out to the Central North Carolina Council for help.

 

Yours in Scouting,

 

 

Stuart Williams

Scout Executive/CEO

 

 


Central NC Council, BSA

32252 Hwy 24-27  PO Box 250, Albemarle, NC 28001

(704) 982-0141 (office) | (704) 982-0262 (fax)

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