As Youth Giving Since 2001 Totals $19M, Brooklyn Community Foundation CEO Reiterates the Importance of a Youth-Led Strategy
Philanthropists under the age of 30 have given a total of more than $19 million since 2001 through youth grantmaking programs, a study from YouthGiving.org, an initiative of Foundation Center, finds.
"We believe that investing in youth is not just about the future, it is about their ability to be leaders in their communities today," said Cecilia Clarke, president and CEO of the Brooklyn Community Foundation. "Our youth grantmakers direct support for youth-led projects and inform our overall strategy. They hold us accountable to the challenges they face every day growing up in Brooklyn's neighborhoods as they actively engage in problem-solving around those issues. Young people are honest brokers, with contagious energy and vision for their communities that we should all leverage in our institutions."
According to the study, more than eight hundred and fifty known youth giving programs in thirty-four countries have adopted grantmaking models that shift some financial decision-making power to youth...