VoLo Foundation Commits to Support Charity Focused on Mentoring The Next Generations of Philanthropists
VoLo Foundation has awarded a significant grant supporting future philanthropists who want to make a long-term impact on their communities. The grant recipient is Philanthropy Tank, a nonprofit organization that empowers and equips young philanthropists to become “CHANGEmakers” by developing and executing sustainable initiatives and solutions to challenges in their community.
About the gift, VoLo Foundation’s Thais Lopez Vogel says, “Youth are our greatest assets and Philanthropy Tank sets students on a forward path to make a difference. Philanthropy Tank provides a rare opportunity for students to be innovative and think beyond their own lives, making the world a better place.”
Philanthropy Tank has operated for six years and currently runs its programs in Palm Beach County, Florida and Baltimore, Maryland. VoLo Foundation’s grant is earmarked to assist the charity with feasibility assessments and implementation of criteria to bring Philanthropy Tank to new markets. The grant will also fund an alumni engagement initiative that will track student success and help connect the charity’s young philanthropists with internships and job placement.
“We are extremely grateful for VoLo Foundation’s support that will allow us to further expand our program to additional markets and enhance our youth development curriculum. As Philanthropy Tank Innovators, the Foundation’s contribution will enable us to further invest in our student’s professional and personal growth,” says Philanthropy Tank Co-Founder Evan Deoul.
Student finalists selected through an application process present their charity ideas to a group of Philanthropist-Investors who have the option of awarding up $15,000 to each project. The young philanthropists also receive mentoring as they mold their projects to make a sustainable impact in their communities.
David S. Vogel of Volo Foundation said, “VoLo Foundation supports Philanthropy Tank’s CHANGEmakers to encourage opportunities for students. Advancing future generations is a solid investment.”
Philanthropy Tank Chief Executive Officer Amy Brand added, “We are grateful to the Vogels and VoLo Foundation for this impactful and transformative grant that will provide new opportunities for our teen CHANGEmakers.”
About VoLo Foundation
VoLo Foundation (VoLo) is a private, non-operating foundation in Jupiter, Florida. VoLo believes in developing knowledge and sharing information that has the potential to create global impact. Through original research and analysis, and in collaboration with philanthropic and academic partners, VoLo aims to enrich the lives of individuals, strengthen communities, and educate future generations. Learn more and subscribe to VoLo Climate News at volofoundation.org