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Report: Boy Scouts considering bankruptcy

by Lynde Langdon
Posted 12/13/18, 01:28 pm

The Boy Scouts of America said Wednesday it was exploring all options amid serious financial woes but would not confirm or deny it might apply for bankruptcy. The Wall Street Journal, citing anonymous sources, reported late Tuesday that the organization had hired a law firm to assist in a possible Chapter 11 bankruptcy filing. Chief Scout Executive Mike Surbaugh described the report as “news speculation” but said the group was “working with experts to explore all options available” in the face of declining membership and sex-abuse litigation.

Current youth membership in the Boy Scouts is about 2.3 million, down from 2.6 million in 2013 and more than 4 million in peak years of the past. Participation was already shrinking when the Boy Scouts decided in 2013 to allow homosexual members. In following years, the group opened membership to homosexual leaders and girls who identify as boys. Now it is moving to include girls in all of its programs, a decision that spawned a trademark infringement lawsuit from the Girl Scouts of the USA.


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Lynde Langdon

Lynde is a WORLD Digital’s managing editor and reports on popular and fine arts. She lives in Wichita, Kan., with her husband and two daughters. Follow Lynde on Twitter @lmlangdon.

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Comments

  • OldMike
    Posted: Thu, 12/13/2018 02:24 pm

    Membership in the Boy Scouts was a bright spot in my life as a 11-15 year old. (in the early 1960’s). But the world has changed so much. 

    Some changes were needed, but many have led us down dangerous roads. 

  • Bob C
    Posted: Thu, 12/13/2018 03:02 pm

    In the desperate effort to keep the same numbers they have done whatever they think it takes.  Instead of facing reality, to the shrinking pool of boys to join and keeping true to their historical standards, then downsizing operations, they are going to disappear.

  • CK
    Posted: Thu, 12/13/2018 03:32 pm

    I love WNG, you guys are the best! Well almost always. The article about the Boy Scouts cites “anonymous sources cited by the Wall Street Journal” to come up with a headline declaring “Boy Scouts consider bankruptcy”, while reporting that officials for the organization will neither confirm nor deny this. I’m no fan of the Boy Scouts, but I was surprised to see a headline based on speculation. Carol Kurlowich, grateful World Member 

  • Stephen Lorson's picture
    Stephen Lorson
    Posted: Thu, 12/13/2018 05:12 pm

    As a regular reader of the Wall Street Journal, anything that is attributed to them is probably fact based. They are one of the VERY few organizations that still employ real journalists. As for the Boy Scouts, they chose the path of least resistance without standards and now they wonder what hit them. It used to be that an organization set standards and if you could meet them you could belong. Now the snowflakes want everything dumbed down to the lowest level and then wonder why they end up with nothing. Suck it up, grow up, get a thicker skin and deal with it.

  • news2me
    Posted: Fri, 12/14/2018 03:21 pm

    Does an organization depend on how many members there are? Didn't used to.

    I doubt if it cost all that much back when my 3 brothers were members. We were poor and my mother volunteered as a cubscout den mother. I never got to go to girlscouts. I was told it was too expensive.

    So where did all the money go? I hope they investigate. 

    Is the top guy paid too much? Are there too many people who are getting paid?

    I fear once this organization shuts down the liberals will demand they be given access to the alternative Christian groups.

    Will the liberals take it to DC and demand support from Congress? They'll probably need a well-known movie star who was a boyscout as a spokesman. 

     

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