Stern's Student Social Venture Fund Announces 2008 Grantees
Jenny Everett
Issue date: 5/12/08 Section: News
NYU Stern's Student Social Venture Fund announced today $28,000 in grants which will be awarded to New York City organizations that provide leadership opportunities to young people that enable them to give back to their communities and provide them with the skills to become productive members of society.
The first recipient, United Community Centers, will receive a grant to support the East New York Farms! Youth Internship Program. The project engages youth in a nine month intensive internship program where they learn to address food justice issues through hands-on training, leadership development, and social justice education, leading to empowerment not only for the youth concerned but also for the East New York as a whole.
The second recipient, the Center for Court Innovation, will receive funding for the Youth ECHO (Youth Expanding Community Horizons by Organizing) program. Participants in the program work with advertisers and street and guerilla marketing specialists to develop a community education campaign designed to change their peers' attitudes toward youth crime. According to Janisha Sabnani, a joint degree student in both the business and law school, "the amazing turn around that the Community Justice Center has actuated in Red Hook is a reflection of the time, hard work and passion put into their projects. The commitment on the part of the youth participants to making their neighborhood a better place was particularly compelling in the decision to fund this program. "
The class, which is comprised of graduate students from the business, law, and public policy schools, received 24 applications which were narrowed down to four finalists through a series of evaluation rounds. For Stern business student Mathew Farkash, "the grant review process allowed me to apply many of the financial and management frameworks that I am learning in class to a real world scenario. We also looked at potential ways that next year's class could partner with these organizations, and the learning opportunities for both the organizations and the students.
The first recipient, United Community Centers, will receive a grant to support the East New York Farms! Youth Internship Program. The project engages youth in a nine month intensive internship program where they learn to address food justice issues through hands-on training, leadership development, and social justice education, leading to empowerment not only for the youth concerned but also for the East New York as a whole.
The second recipient, the Center for Court Innovation, will receive funding for the Youth ECHO (Youth Expanding Community Horizons by Organizing) program. Participants in the program work with advertisers and street and guerilla marketing specialists to develop a community education campaign designed to change their peers' attitudes toward youth crime. According to Janisha Sabnani, a joint degree student in both the business and law school, "the amazing turn around that the Community Justice Center has actuated in Red Hook is a reflection of the time, hard work and passion put into their projects. The commitment on the part of the youth participants to making their neighborhood a better place was particularly compelling in the decision to fund this program. "
The class, which is comprised of graduate students from the business, law, and public policy schools, received 24 applications which were narrowed down to four finalists through a series of evaluation rounds. For Stern business student Mathew Farkash, "the grant review process allowed me to apply many of the financial and management frameworks that I am learning in class to a real world scenario. We also looked at potential ways that next year's class could partner with these organizations, and the learning opportunities for both the organizations and the students.
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