The financial crisis that threatened to shut down the Jubilee Sailing Trust (JST) has been averted. The sailing charity says that its emergency fundraising appeal raised more than £1m in five days. The charity had warned that if it did not raise the funds by Friday, July 5th, it could be forced to shut down.
On a JST press release, Duncan Souster, CEO of the Jubilee Sailing Trust, said:
“The response to our emergency appeal has been absolutely amazing. Well over 3,500 people from across the world have already contributed in excess of £1,000,000 and funds continue to come in. From difficult circumstances, this extremely generous support has given our work a much brighter future. We are so grateful to everyone who has supported our campaign, both with messages of encouragement and also donations. It has been great to hear from so many people who have been positively impacted by our work across our forty decades of operation. It has reinvigorated the JST family and reinforced the importance of our mission, and why it must continue.”