FLIP Project – Valuable and Hands on Training in Philanthropic Ventures

Today, Philanthropy is the buzzword amongst the elite as well as the young generation for most of the elite class wishes to participated in activities which work for the betterment of the society. With an upsurge in philanthropic funds pouring worldwide, management and proper utilization of these funds becomes equally important and essential.

It comes as no surprise that more and more philanthropic trusts required well trained and skilled people to handle these funds and carry out the activities in attaining the desired results. It is equally important to bear in mind that these activities are carried out on a large scale and require in depth planning and organizational skills.

Keeping in mind the varied and complex activities of philanthropic trust, it becomes essential to engage people who are trained for managing and organizing such activities. Therefore many trusts take it upon themselves to rope in the young generation and provide them with suitable training and opportunities in order to shape them as future leaders.

Future Leaders in Philanthropy project (FLIP) is a joint venture between CREDIT SUISSE and the BONITA TRUST. Through FLIP project student residents of Gibraltar are given the opportunity to train and develop themselves as future leaders of their community. FLIP project is open to children between ages of 16 – 19 years.

FLIP is a 3 year initiative which aims at highlighting the importance and value of philanthropic gift giving activities. It also imparts them training on how to manage charitable funds and other social initiatives. During the course of FLIP training the students will be required to work on a number of charitable projects and even manage them financially. These students will be required to conduct charity research, set up and manage a 3 year virtual charity investment portfolio under the guidance of a financial mentor.

Pre-requisites for students who are interested in participating in the FLIP project –

• Should be a resident of Gibraltar with 16 – 17 years in age

• Should have just attempted the GCSE Examination in Gibraltar

• Achieved at least 5 “A”s in your GCSEs

Interested candidates satisfying these criteria can keep a look out for the launch date of the project which is generally done in the month of January each year. In all, 20 students will be selected and they will receive training during the Years 12 & 13 of school and Year 1 of university.

As per the requirements, the FLIP participants will be trained in fund raising activities and will raise a pre determined amount of funds for local charities. The same amount of funds will be donated by Bonita Trust as well. The Credit Suisse will provide a practical education programme which will teach the students on investment and management strategies of charities and their funds. Combined with apt financial acumen and management skills, FLIP participants will definitely be groomed to better financial manager of charities. The FLIP participants will receive financial incentives and gifts during the course of the 3 year FLIP training.

It is through these initiatives that young and interested students can receive suitable and valuable training in philanthropy to become expert and best manager of charities and their funds.

For more Information Visit : http://www.flip.gi