The Schroeder Foundation, a 102-year-old organization in The Hague, has declared bankruptcy, resulting in the loss of vital services for over three hundred vulnerable individuals. These individuals, including (ex-)addicts, those performing community service, and people distanced from the labor market, relied on Schroeder for work, daytime activities, and personal guidance.

The foundation’s financial troubles stemmed from increased fixed costs, such as wages, rent, and energy, coupled with stagnant income. The organization also faced setbacks after missing out on a crucial tender. Despite the appointment of an interim director six months prior to address the financial challenges, a sustainable solution could not be found.

Interim director Pauline van Schie expressed optimism in early May that a solution could be reached with the municipality’s support. However, according to receiver Martijn van Hoving, legal complications regarding subsidies from the municipality ultimately derailed a plan to continue operations in a leaner form. Van Hoving also noted that while other organizations have expressed interest in taking over parts of the foundation, the thrift stores will only remain open for a limited time.

The board of aldermen acknowledged the loss of a “figurehead” in The Hague due to Schroeder’s bankruptcy. They stated they would actively engage with other organizations to explore the possibility of continuing activities “in the spirit and intention of Schroeder.” However, they also cited legal risks associated with converting subsidies, stating that the municipality lacked sufficient time to assess and manage these risks. Opposition party Hart voor Den Haag has called for an emergency debate, criticizing the municipality’s lack of speed and flexibility in addressing the situation.