The Hollywood-based gender rights group, based within the wake of the Harvey Weinstein scandal, will direct its remaining funds to the Time's Up Authorized Protection Fund.
Time’s Up will formally stop its operations by the top of January and direct its remaining $1.7 million in funds to the Time’s Up Authorized Protection Fund (TULDF), The Hollywood Reporter has confirmed.
The gender rights group, which had launched to nice fanfare on the Golden Globes in 2018, has been within the midst of a gradual demise since a New York State Legal professional Normal’s report in August 2021 revealed that Time’s Up leaders had suggested Governor Andrew Cuomo after he was accused of sexual harassment.
Time’s Up’s three remaining board members, actress Ashley Judd, promoting govt Colleen DeCourcey and monetary govt Gabrielle Sulzberger will step down.
Time’s Up raised greater than $22 million in its first 10 months from outstanding business backers like Oprah Winfrey, Meryl Streep, Shonda Rhimes, Katie McGrath and CAA. That cash went to create the TULDF, which is housed and administered individually by the Nationwide Ladies’s Regulation Middle in Washington, D.C., and stays the motion’s signature achievement.
The TULDF has related greater than 6,000 sexual harassment victims with legal professionals, paid the authorized charges in 330 instances, offered publicity help for 130 instances and continues to take new instances.
Whereas the Cuomo scandal was the rapid explanation for the group’s downfall, resulting in the resignations of CEO Tina Tchen and board chair Roberta Kaplan, there had been long-standing troubles at Time’s Up, together with conflict-of-interest allegations and inside disagreements over its focus. As inside debates raged, the group cycled via three CEOs in three years, its final, Monifa Bandele, exiting in November of 2021. At the moment board chair Sulzberger stated the group was engaged in a “needed reset, not a retreat.“
The formal finish of Time’s Up was first reported by The Related Press.