The Community Development Foundation announces that it is to close in 2016

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Posted on 18/12/15


While the organisation could continue trading until beyond 2018, trustees and the senior team at CDF have decided unanimously that the best way to keep the flag flying for community development is to transfer all assets (reserves, intellectual property and, […]

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While the organisation could continue trading until beyond 2018, trustees and the senior team at CDF have decided unanimously that the best way to keep the flag flying for community development is to transfer all assets (reserves, intellectual property and, possibly, programmes and products) to another organisation or organisations better positioned to achieve its charitable objectives in the long term.

Alison Seabrooke, Chief Executive, said

“The operating environment has changed radically and we are convinced we must act now from a position of strength.  We will fulfil our contractual obligations until March 2016.  Some staff will stay on until the end of April 2016 to finalise these and to deliver a well-managed closure.”

Andrew Robinson, MBE, Chair said

“Many may well be shocked by this decision, but good stewardship demands that we consider the interests future beneficiaries, not just past and present.”

At the end of the shutdown there will be substantial resources and assets to distribute in line with CDF’s governing document and charity law. Trustees are about to embark, in January 2016, on a process of identifying the likely recipient/s of these.

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