DC Trust, A Non-Profit For At-Risk Youth, To Cease Operations

On April 26, 2016, the D.C Children and Youth Investment Trust Corporation (DC Trust) board of directors informed its community that the non-profit organization was planning to cease operations and close by the end of September 2016. The board said DC Trust would begin the dissolution process in May 2016. The notice from the board said “the DC Trust is facing significant financial challenges at this time due to mismanagement by former leadership over a period of several years.” The board took action as soon as it became aware of the problems, but after a series of meetings . . .