People to People Bankruptcy

John AndersonApril 6, 2022

People to People International filed for bankruptcy in the Western District of Missouri two weeks ago. The nonprofit has not made an official announcement yet as of April 5. The organization, founded by former president Dwight Eisenhower in 1956, is unable to continue because of financial issues caused by the COVID-19 pandemic and the Russian invasion of Ukraine. The bankruptcy follows concern from parents who paid for their children to be a part of the organization’s Student Travel Program. Communication from the organization was severed and their website shut down early in March. The petition claims the group owes about $1.5 million to creditors, many of whom are students. A review of People to People’s tax filings showed even the nonprofit side of the organization has been struggling financially for years.

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