Terrance Stone started Young Visionaries Youth Leadership Academy in San Bernardino, Calif., 20 years ago as a way to give back to the community.
Today, he's the CEO and founder of the nonprofit, which has received more than $1 million in grants over the last few years to provide mentoring, job training, mental health services, and more to at-risk youth, the San Bernardino Sun reports.
"We're sending e-blasts and social media posts to let people know we're hiring and beefing up our administration," Stone tells the Sun.
"Given that amount of money, you have to have administrative staff to make sure all the paperwork and accounting systems are working properly."
Among Stone's recent grants: $400,000 to Loma Linda University for a violence prevention program, $1.2 million to the High Desert area for a mentoring program, and $135,000 to the IE Community Foundation to provide free movie nights in some of the area's "hard-to-reach community high-risk areas," according to a press release from Young Visionaries.
"We're going to start doing movies in some of these hard-to-reach community high-risk areas, and set up a giant 70-foot theater," Stone tells the Sun. Read the Entire Article
A customized collection of grant news from foundations and the federal government from around the Web.
Promoting employee share and enabling customers to invest are better incentives than those provided by co-operatives. Co-operatives have adamantly remained a niche sector and doesn’t provide the right incentives for entrepreneurs.