YIP is a volunteer youth advisory committee made up of students from a diverse range of backgrounds who want to be actively involved in supporting their community’s vibrancy.
With the support of adult advisors, each YIP works to raise money and build endowment funds, but primarily to make grants to projects in their local community. Because they are best placed to understand the needs and concerns of other youth in our communities, it’s a good fit for advising their local community foundation on youth grantmaking.
Roles of Youth in Philanthropy:
- Community leadership
- Fund development
- Although all three roles are important and dependant on each other, grantmaking is at the heart of what Youth in Philanthropy is all about.
Good grantmaking is a comprehensive process that includes:
- Understanding the community
- Identifying priorities
- Developing grant guidelines and application procedures
- Soliciting and assessing grant proposals
- Awarding grants
- Monitoring funded projects
- Evaluating the impact of grants on the community
- Communicating results.
Many different approaches and tools are used in grantmaking, and every YIP will determine what is most suitable to their own council, community foundation and local area. But the best grant makers will regularly evaluate their own activities, and make a commitment to continuous learning and improvement.
Each YIP is part of its local community foundation, a locally-run public foundation that builds and manages endowment funds to support charitable activities in their area. Canada has more than 150 community foundations, and more than 45 YIPs. Due to the foresight and generosity of the Thomas Sill Foundation and Brandon Area Community Foundation, there is funding for YIP groups in all three high schools from 2005-2010. In 2007 the Brandon Area Community Foundation YIP Endowment Fund was launched with a founding donation of $1500 from Richard and Keay Golletz.
For more information on the YIP program or how you can help to keep this initiative viable, please contact the BACF office at 204-571-0529 or e-mail firstname.lastname@example.org.