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Boy Scouts of America plan to exit bankruptcy would pay abuse survivors an average of $6,000 each

Boy Scouts of America plan to exit bankruptcy would pay abuse survivors an average of $6,000 each Cara Kelly, USA TODAY Replay Video UP NEXT Boy Scouts of America is proposing to pay roughly $220 million toward a trust to compensate tens of thousands of former members who say they were abused as scouts, according to a statement from the committee that represents survivors in the case. Another $300 million may come from a voluntary contribution from local councils, the Boy Scouts said in court documents filed Monday, but the local organizations have given no formal commitment. The number is a fraction of the $1 billion of the organization s estimated value, and a sliver of the value of its subsidiaries, including local councils as well as various trusts and endowments, which USA TODAY estimates could exceed $3.7 billion.  

The Boy Scouts are selling dozens of Norman Rockwell paintings to help raise $300 million to settle sexual abuse claims

The Boy Scouts are selling dozens of Norman Rockwell paintings to help raise $300 million to settle sexual abuse claims INSIDER 3/3/2021 mmark@businessinsider.com (Michelle Mark) © Associated Press/Rick Bowmer In this July 22, 2013, file photo, an 11-year-old boy looks over a Boy Scout-themed Norman Rockwell exhibition at the Church History Museum in Salt Lake City, Utah. Associated Press/Rick Bowmer The Boy Scouts are selling Norman Rockwell paintings to raise money for a settlement fund. Tens of thousands of people have come forward to allege sexual abuse within the organization. The Boy Scouts submitted a 379-page reorganization plan proposing a $300 million trust for victims.

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