With the best interests of the children we serve in mind, we will wind down our Canadian operations, and sell all of our assets to establish an endowment fund to sustain the charity’s existing global humanitarian programs and digitize its Canadian educational resources.
COVID-19 disrupted every aspect of our work. The fallout from the Canada Student Service Grant has placed us, as a charity, in the middle of political battles and misinformation that we are ill-equipped to fight.
The financial math for the charity’s future is clear. Without decisive action WE Charity’s ongoing costs to operate in Canada would exceed revenue and consume savings that are essential to establish the endowment fund. We calculate that this action preserves as many humanitarian and educational programs as possible, for as long as possible. Putting children first means prioritizing them above the charity.
This is a heartbreaking decision. WE Charity, one of the largest youth organizations, was built by 2,500 current and former staff, thousands of volunteers, and countless supporters. Our impacts include:
AROUND THE WORLD
WE Charity will sell its Global Learning Centre headquarters and other assets to fund a new endowment that will be managed by an independent board with a mandate to sustain our humanitarian and education programs for the long-term.
While no new school, health or water projects will be possible, the endowment will ensure the continued operation of WE Charity global projects currently in place. It will also ensure that a quarter century of curriculum, service campaigns, and youth mental health materials will remain available for Canadian educators and students at WE.org.
It is impossible to express the profound sense of regret that we have about all of this coming to a close; a feeling matched only by our immense gratitude to all who made the accomplishments possible.
Our greatest thanks go to the hard-working student volunteers for the past 25 years of impact. You can count on us to always support you on your journey. During these trying times in our world, we hope that you will continue to believe in goodness, act with empathy, have compassion for each other, give others the benefit of the doubt, and strive to be global citizens and shameless idealists.
Craig Kielburger and Marc Kielburger
WE Charity Co-Founders
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