Raleigh, N.C. — The financially challenged downtown Raleigh chapter of the YWCA has filed for bankruptcy.
"After careful consideration and consulting with financial and legal advisers, the Board of Directors of the YWCA of the Greater Triangle has authorized the filing today of a Petition for Relief under Chapter 7 of the United States Bankruptcy Code," according to a statement released Thursday.
"The board has taken this action after thoroughly reviewing its financial condition and considering all other realistic options for its continued operations at this time," the statement continued.
Citing financial difficulties, the century-old chapter closed its doors on Hargett Street on Feb. 29. Programs were terminated and employees were laid off with less than 24 hours' notice.
YWCA officials have sought community partners to help continue running some of its programs.



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July 30, 2012 4:05 p.m.
July 27, 2012 2:47 p.m.
Well if they are chronically late, then they should be reprimanded for coming in 2 minutes late. Also, I'm sorry if your kids are sick, but the work still has to get done. Unless I had a doctor's note proving the child's ailment was serious, I'd have laid her off too.
July 27, 2012 2:36 p.m.
The YW is suppose to be woman-centric, offering programs and opportunities for women only.
The YM is suppose to be male-centric, offering programs and opportunities for men only, although the YM has branched out into offering programs and opportunities for children of both genders.
IMHO, the YW failed women in the worst way by taking advantage of the talents and dedication of the very women who worked in their offices and facilities, often censuring or disciplining them for the slightest and dumbest of infractions, like arriving at work 2 minutes late in several cases that I knew about, to calling a woman who worked for them whose children had been sick for several days to tell her not to bother to come back to work, that she'd been fired for not coming to work. I found it very unsupportive of women in that regard, and against what the world YWCA
July 27, 2012 2:15 p.m.
I think folks know that but are comparing both to regular fitness clubs.
The difference with these two organizations and fitness clubs is that Ys also help the communities by providing programs for children and the aged, or at least they're suppose to.
The problem with the YWCA is that as the $$$ dwindled, they laid off people who use to search for and apply for grants for those child/elderly programs, and without those grants, the organization became doomed because one cannot simply count on member dues and donations in an economy downturn. It has to find and apply for grants as well.
July 27, 2012 2:08 p.m.