Future Leaders in Philanthropy – everything about the project and aims
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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Questions and Answers
FLIP is a joint venture project between the Bonita Trust and Credit Suisse (Gibraltar) Limited with key aims to raise the awareness of what charities do, increase the social responsibility of young adults and how to be a fund raiser for a charity.
FLIP or Future Leaders in Philanthropy is a relatively new charity offering guidance and support to young individuals wanting to make a difference in their society. It is dedicated to believing today's young talent will be tomorrows future leaders, it selects twenty students each year and helps them reach their charitable potential within a caring and enriching environment it can help them make a difference to their society.
Community awareness is an important part of life, and of philanthropy. Community awareness makes people engage with their sense social responsibility and social surroundings, in order to help others as much as they can. Community awareness in Gibraltar is being fostered by charities and programs such as Flip, which have many initiatives to increase community awareness of Gibraltar.
Flip is a charity which focuses on philanthropic work in Gibraltar. The name stands for Future Leaders in Philanthropy, as the charity focuses on encouraging young people to help with charitable efforts. The project focuses on developing today's students into tomorrow's entrepreneurs and philanthropists. By working with the children at this age, their skills can be developed and their interest in charity work fostered, in order that in years to come they can help people all over the world.
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A lot of organizations and churches will have a food drive where they will give all of the food that is donated to the people who need it. Organization that retain over 80% of the donated fund for administration fees is less attractive than the one with less fees.
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There are a great many charity organisations scattered across the UK, and indeed across the rest of the world. The main objective for these organisations is to fund their work for the cause to which they are devout; the issue that many of these types of bodies face is where to collect this financial aid.
Leading entertainment and business figures have, quite rightly, been donating their wealth to charity for decades – since 2007, Microsoft co-founder Bill Gates has given over $28 billion to charity (encompassing everything from Africa vaccinations to public libraries in the United States), while the foundation set up by Gates and his wife Melinda is now the biggest charity in the world.
The Bonita Trust has been giving back to those who are in need for a number of years. They also use technology in order to give back to communities that require these advances such as the recent earthquake in Haiti. They are also involved in the development of health and education and have close links with several urban societies.
FLIP or Future Leaders in Philanthropy is a relatively new charity offering guidance and support to young individuals wanting to make a difference in their society. It is dedicated to believing today's young talent will be tomorrows future leaders, it selects twenty students each year and helps them reach their charitable potential within a caring and enriching environment it can help them make a difference to their society.
When it comes to charity work, a number of us already donate, take part in, or even help run charity events. This particular project prides itself on drawing upon the energy and strength of students, in order to develop them into the next generation of charity leaders, and also make them understand their responsibilities when it comes to charity work.
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