We are a Washington State approved non-profit corporation that helps build the leadership and entrepreneurial capabilities of indigent or needy households in developing or less developed countries, especially the youth of those households.
We develop the self-help capacity of entrepreneurs of indigent or needy individuals through the provision of scholarship grants for training/education as well as technical and financial support for enterprise development.
On its first year of operations (2006), the Foundation provided charitable grants to one hundred thirty two (132) needy individuals, majority of them in their young teens or twenties in the Philippines, many of whom are out-of-school youth.
Our project in the Philippines, carried out by our partner organization VEDCOR (Ventures and Entrepreneurship Development Center in the Orient), pilot tests the Youth Leadership and Entrepreneurial capabilities of individuals from indigent families. As of the end of 2006, the YLEC trainees have identified and successfully market tested the products and services they have chosen for their own business.
2007 and beyond: The Foundation will undertake follow up support to the YLEC trainees particularly for enterprise development. Since the nurturing of an enterprise is an ongoing concern, the foundation would like its development support to be sustainable. In order for this support to be sustainable through the years, the Foundation is in the process of creating a Development Fund.