Major UK charity abolishes itself
The 60-year-old institution said it would spend the next five years giving away its assets to organisations and networks which are doing “life-affirming social justice work” in communities around the UK.It is understood Lankelly Chase’s trustee board had become increasingly unable to reconcile its charitable mission to tackle racism, injustice and inequality with its position as a major investor in global capital markets it considers to be rooted in racial and colonial exploitation.
“We have recognised the gravity of the interlocking social, climate and economic global crises we are experiencing today. At the same time, we view the traditional philanthropy model as so entangled with colonial capitalism that it inevitably continues the harms of the past into the present,” it said in a statement.
Wow, a 60 year old charity up in smoke. Af least the assets will be put to good use.
Reading between the lines, I guess the board of trustees simply wanted to go on to other things? I mean, you don't just say "Welp, I'm bored helping people! See ya!" Instead you frame it the way they did, as determining you are part of systemic problems. Total BS obviously, but no real risk of backlash.
I guess.