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Close This Window Future Leaders in Philanthropy – everything about the project and aims
by: JakeEdmund on
Date: Mon, 6 Dec 2010 Time: 5:36 AM
Future Leaders in Philanthropy is also known as FLIP. It is basically a joint project between Credit Suisse and the Bonita Trust with an aim to encourage gifted 16 to 19 year olds who attend school in Gibraltar to give something back to society. FLIP believe that ‘Today’s Young Talent will be Tomorrow’s Future Leaders’. Students are taught to confront and recognise their social responsibility within the world and involve themselves in a variety of charitable projects.
There are four main aims of FLIP Project; they are to target future business leaders and professionals to become involved with the project, increase awareness of social responsibility amongst gifted local students, encourage them to be active and sensitive to communal and charitable giving, and educate about how charities work and how they take control of their investments. The goal of Future Leaders in Philanthropy is ‘to directly benefit the individual students, charities and the Community at large’.
The programme allows all eligible students to apply to take part in FLIP. 20 students are chosen every year to work on a number of topics based on a charitable and financial theme, during the school years 12 & 13 and the first year of University.
Year 12 are involved in a charity research project as well as setting up and managing a 3 year virtual charity investment portfolio with the help of a financial mentor.
Year 13 sees the continuation of the portfolio along with a new charity fundraising project.
Year 1 University consists of a research project called ‘Charities and their Investments’, and the final year of the portfolio. Students then go on to help financially with their charities and donate anything they have raised. They also receive various rewards for their efforts.
You are eligible to apply if you are excited and driven by the aims of the project, want to add value to the community, are 16 or 17 years old and have recently completed your GCSEs in Gibraltar, achieving at least 5 As.
There are many benefits and rewards to FLIP participants. It is a practical and educational course which allows them to understand about the challeges of investment management decisions that have to be taken by charitables all over the world. This will be a major bonus to any CV and enhance employment prospects. It will also teach them to be aware and careful with financial decisions and make the most out of what they earn.
Financial incentives and gifts are provided to students at various stages of the project. Also, the participants are expected to raise at least £40,000 for local charities, and the Bonita Trust matches any amount made.
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About the AuthorFLIP project aims to create community awareness amongst the students. This promotes charitable giving in Gibraltar. Rating: Not yet rated Login to vote | Not Registered? Create an account Comments
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