The British Dyslexia Association (BDA) is in financial straights, according to a news story carried last month on the organization’s Web site and a press release from Craegmoor Healthcare. In the BDA’s news story (dated 11 December 2006), Richard Phillips, Chair of the Trustees, and Judi Stewart, Chief Executive of the organization, issued a statement that began this way:
The BDA has been through a serious financial cash flow crisis which has been caused by a number of issues. One of the main issues is a project funded by the European Social Fund involving two UK Government departments. Funds from this project have not been received due to a complex set of bureaucratic circumstances. The BDA was not able to resolve this issue in time to avoid the crisis. Despite considerable effort the issue remains unresolved at this time.
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