People to People Bankruptcy

John AndersonApril 6, 2022

People to People International filed for bankruptcy in the Western District of Missouri two weeks ago. The nonprofit has not made an official announcement yet as of April 5. The organization, founded by former president Dwight Eisenhower in 1956, is unable to continue because of financial issues caused by the COVID-19 pandemic and the Russian invasion of Ukraine. The bankruptcy follows concern from parents who paid for their children to be a part of the organization’s Student Travel Program. Communication from the organization was severed and their website shut down early in March. The petition claims the group owes about $1.5 million to creditors, many of whom are students. A review of People to People’s tax filings showed even the nonprofit side of the organization has been struggling financially for years.

CATEGORIES :

COMMENTS

STAY IN TOUCH!

GET OUR APP!

LATEST POSTS

Abilene Named a Top 10 Tr...
December 19, 2024Comments
Homes for the Holidays
November 22, 2024Comments
Alleged Child Sex Crimes
October 22, 2024Comments
Inside Dickinson County
October 14, 2024Comments

LATEST TWEETS

Read all tweets
© 2007 - 2024 - EEO  - KDJM  - KABI  - KSAL-AM  - KSAL-FM  - KVOB  - KYEZ  - KZUH