Crusaid, one of the UK’s best-known AIDS charities, has today announced a major merger deal with sexual health organisation Terrence Higgins Trust.
Reported on PinkPaper.com before any other news service, the freshly-merged organisation - which will operate under the THT title - aims to preserve a safety net for people with HIV living in poverty and strengthen fundraising for AIDS.
The news comes just one week after Crusaid's annual Walk for Life raised an estimated £250,000.
Jordan Hay, Chief Executive of Crusaid, said: “We initiated this merger to ensure that our hardship fund can continue to make a vital difference to the ever-increasing numbers of people diagnosed with HIV each year in the UK.
“THT shares our vision and values and we are excited about the opportunities to support people with HIV that this merger presents.”
Senior staff members from both organisations will immediately begin work on a renewed anti-poverty strategy in support of people with HIV based on research and experience from both organisations.
It is currently unclear how the restructure will effect existing personnel, but a number of redundancies are expected.
Sir Nick Partridge, Chief Executive of Terrence Higgins Trust, said: “I’m delighted to confirm that Crusaid and Terrence Higgins Trust have merged.
“The merger will preserve the Crusaid Hardship Fund in a very challenging economic climate and help ensure that people with HIV have the ongoing support they so vitally need.
“We are also looking forward to combining our experience and research for a renewed anti-poverty strategy in support of people living with HIV in the UK.”