For Youth, By Youth
YouthBank is an innovative youth philanthropy program which was started in Northern Ireland 20+ years ago. Northfield YouthBank has been running for five years and Faribault is just starting its second year!
A team of trained youth grant-makers will be awarding funds to youth-led projects that will improve the quality of life for youth in Faribault.
How does Youthbank help youth?
On top of funding valuable community projects, Faribault YouthBank helps young people develop essential life skills and prepares them for future careers. Members of the granting committee are responsible for engaging in community research, fundraising, promoting grant opportunities, reviewing requests for funding and engaging in the decision making process, working alongside young people in promoting their work, writing reports and engaging with grant recipients to learn what worked well.
APPLY FOR A YOUTHBANK GRANT!
Are you currently in high school and have a project idea to make Faribault a better place for youth?
Faribault YouthBank can help make your idea a reality! We will be giving grants of up to $8,000 to youth that want to improve our community.
This fall we have chosen to focus on supporting grants addressing Racial Injustice and/or Mental Health Support. *However, we welcome applications that help the community in other ways.*
Some examples of possible projects in these focus areas would be:
Finding ways to bring youth from different racial backgrounds together, developing a program to help your peers manage anxiety and stress, or finding ways to provide academic support to help promote mental well-being. These are a few simple ideas, we know you will have many more creative and amazing projects to share!
Some of the projects YouthBank has funded in the past include: Activity bags for young kids, and Change to Chill room furniture.
The more your idea fits the grant requirements below, the better the chance you will have of receiving funding.
The basic grant requirements are:
- Youth-led: This means a group of at least 3 young people have the idea, apply for the money and make it happen.
- Clear and realistic plan to meet your goal.
- Good value for money.
- Has a positive impact on young people in our community.
- Addresses issues of equity within our community.
- Each grant must use a minimum of $1,000.
- Each project is housed within a tax-exempt organization that acts as a fiscal agent.
Your application will be scored on the following: Quality of Idea, Value for Money, the Role of Youth, the Project’s Impact, Addressing Equity, and Group Preparedness.
Application deadline: Monday, November 29, 2021 – by 5pm
If your application is being considered for grant funding we will contact you to arrange an interview to take place between the dates of December 1 and December 9. The interview will be your opportunity to talk to members of Faribault YouthBank about your good idea in more detail. After the interview and further review by our team, you will learn if your group has been selected to receive a grant. If you have any questions about the application, feel free to contact us at firstname.lastname@example.org.