The national organization of the Boy Scouts of America has filed for a Chapter 11 financial restructuring. You might be wondering what this means for Scouting and why the BSA is taking this step. The short answer is that Scouting continues. Unit meetings and activities, district and council events and other Scouting adventures and countless service projects will take place as usual. The BSA has a responsibility to equitably compensate victims who were harmed during their time in Scouting. We also have a duty to carry out our mission for years to come. A financial restructuring under Chapter 11 of the U.S. Bankruptcy Code ensures we can do both. Only the national organization is going through a financial restructuring. Local councils are not filing for bankruptcy. Local councils are separate, distinct and financially independent from the national organization. While the word ‘bankruptcy’ can be intimidating, it is important to know that Scouting programs will continue. The financial restructuring process is specifically intended to help non-profit organizations like ours carry out their missions while they work to ensure their long-term financial stability. In our case, the financial restructuring process allows us to continue all of our Scouting programs as we address the financial pressures on our organization from litigation involving past abuse in Scouting. You’ll recall that the first goal of our restructuring is to equitably compensate victims who were harmed during their time Scouting. We want to be clear: We believe victims, we support them, we pay for ongoing counseling by a provider of their choice, and we encourage them to come forward. We have also partnered with 1in6, a trusted national resource for male survivors, to expand their services so that more men who suffered abuse while in Scouting are able to anonymously access vital support from trained advocates when and how they need it. The most important part of our restructuring is the proposed establishment of a Victims Compensation Trust for victims of past abuse. We believe all victims deserve equitable compensation, and, with this proposed Trust, we’re taking decisive actions to make this possible. While local councils are not part of the Chapter 11 filing, they will have the opportunity to contribute to the Trust to help equitably compensate victims. We will actively encourage all victims to come forward and file a claim to benefit from this Trust. Our other goal is to continue our mission. Programming will continue throughout this process. We have taken steps that, if approved, will allow us to continue providing employee wages and benefits, keep retirement programs secure, pay vendors, and operate national high adventure bases. Our donors can feel confident that restricted donations will only be used for their designated purpose. Restricted donations – made in the past, present or future – can only be used for their designated purpose as stated by the donor. You can require your contributions be used for specific programs and initiatives, just as you always have. And in doing so, you will continue to have a profound impact on America and create life-changing experiences for youth. Through this proven, court-supervised process, we will bring together attorneys representing victims, insurers and local councils that choose to participate to develop a plan that maximizes compensation for victims and ensures Scouting programs continue. In the meantime, we remain steadfastly dedicated to the mission of Scouting. As our nation’s foremost character development and values-based leadership training program, we have an important duty to keep children safe, supported and protected while preparing them for their futures.