FLIP Project – Truly empowering Future Leaders in Philanthropy

This is the baby of Bonita Trust and Credit Suisse of Gibraltar. They reach out to academically excellent youngsters who are above the age of 16, they guide and teach them.The aim of the FLIP project is to create leaders who can efficiently handle and manage investment portfolio of charitable trusts. Though all the teenagers may not take up a career in charity work but this course will instill in them a strong sense of social work and community development which they could work towards irrespective of the field they are in.

The Flip project provides the youngsters hands on learning opportunity of management and investment. They are given a philanthropic virtual portfolio of 5 million which they have to use for investing and effective funding . So the students get the feel of the corporate world and its ways and they develop the necessary traits to make way for charitable giving in future.The students are given projects and assignments during the 3 year term .The work are mostly on investments, finance and work of the charitable trust. On submission, the assignments are ranked and students are rewarded according to the effort put in by them.

This is one was of making the community self sufficient as in the future the community at Gibraltar does not have to look for help outside as these trained leaders will rise up to the occasion and take the development of their community into their hands.For more details on this programme one can log into the website of the organization.

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Corporate philanthropy can make a huge difference

Corporate Philanthropy would mean profit making organizations contributing to the cause of charity either in cash or in kind or both, they would either do it as a foundation or through separate groups of volunteers who devote their time.

Trying to Tie in Corporate Philanthropy FLIP (Future Leaders in Philanthropy) students organized a Fundraising Quiz Night to support the Happy Faces Charitable Trust in Gibraltar. That night they raised 2853 pound and that money will be doubled by the Bonita Trust who is a partner to the FLIP Project. This is just one of the initiatives designed by the students of FLIP.

In their 3 year course the young students are trained to know the details of managing and running a charitable trust. They are groomed into the professionals and leaders of the future. It is an initiative with brilliant local students to increase their awareness in social responsibility and to also educate the students on the intricacies of investments and funding.
The students are allowed to research on a local charity and compare it with and internationally acclaimed group having the same objectives.

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Once this is finalized the student has to organize a fund raiser for the charity chosen by them and the funds collected will be doubled by The Bonita Trust – one of the partners of FLIP. Side by side the student also has to manage a virtual portfolio of investment wherein he will be guided by specialist investors from Credit Suisse ,the other partner of the FLIP project.Finally at the end of the program the student emerges ready to take on leadership with a sense of community development and social service.

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