The Young Philanthropist Fund was established with the proceeds from the 2005 40 Under 40 Awards (now the 25 Under 35 Awards), and is a component fund of the Community Foundation of the Mahoning Valley.
The Young Philanthropist Fund awards grants to area nonprofits while involving the future leaders of the community in philanthropic endeavors through education, mentoring and decision making.
The Mahoning Valley Young Professionals 25 Under 35 Awards event and individual contributions are the primary fundraisers for the Young Philanthropist Fund. At the beginning of each year, the board looks at the balance of the Young Philanthropist Fund and determines their distribution target. The Board then determines the focus of the Fund for the year and does a call to the community for grant applications.
Now in its eleventh year, the YPF has distributed more than $30,000 in grants to youth focused projects in Mahoning and Trumbull counties.
Involving Future Leaders
The Young Philanthropist Fund was established in March 2006, and the advisory committee is comprised of representatives from the Mahoning Valley Young Professionals’ G.I.V.E.S. committee and Board of Directors.
The YPF advisory committee is unique, not just to this area, but nationally. Its goal is to introduce the Valley’s younger generation to their roles as our future philanthropists while positively impacting the Mahoning Valley. The committee goes through the entire grantmaking process–setting distribution goals, calling for applications, reviewing requests and awarding contributions. If you’re interested in participating on the advisory committee, contact the Mahoning Valley Young Professionals for more information.
25 Under 35 Awards
Each year, the Mahoning Valley Young Professionals puts on the 25 Under 35 Awards, honoring inspiring young professionals living and working in the Valley. The event proceeds are used to grow the Young Philanthropist Fund and improve the fund’s ability to respond to community needs through increased grantmaking.
How to Contribute
You can contribute to both the success of area nonprofits and the future leaders of the Valley with a gift to the Young Philanthropist Fund. Donations can be made online here or follow the instructions here to donate via check. Contributions to the Fund at the Community Foundation may be eligible for an income tax deduction. Please consult your tax professional for more information.