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November 9, 2009 - Venture Philanthropy Partners, a nonprofit philanthropic
organization, today announced an investment of up to $4.5 million in Year Up, with a specific focus on our National Capital
Region site. This investment, which is the largest ever made by VPP, is the culmination of many months of thoughtful strategic
planning and partnership development between our two organizations. With this investment, which will be made over the
next four years, Year Up will:
- Double the number of young adults served by 2013, as well as graduate more students annually
who are either professionally employed or enrolled in college;
- Increase the capacity of Year Up National Capital Region (NCR) to affect the way services to young
adults are delivered, ultimately improving the life prospects of thousands of young adults; and
- Refine and continue to advance a pilot program with Northern Virginia Community College that demonstrates
a nationally relevant partnership model with community colleges that can create a viable pathway for low-income youth to enter
college.
VPP's investment is validation of the Year Up model and the impact we can have on thousands of young
people throughout the National Capital Region. However, this moment would not have been possible without the support
of our corporate partners, foundation and individual donors, mentors, and volunteers -- all of whom have helped us build a
strong and vital program that helps young people overcome the Opportunity Divide and live happy, healthy, productive
lives.
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