Philanthropy Future: Gibraltar

Future Leaders In Philanthropy (FLIP):

A joint project of Credit Suisse and Bonita Trust will mentor and teach academically talented teenagers to manage a charitable investment portfolio and highlight the importance of social responsibility amongst these future entrepreneurs and business leaders.

FLIP Project:

On the launch of the joint project between Credit Suisse (Gibraltar) Limited and the Bonita Trust,

Bonita Advisory Board Member Ruth Parasol DeLeon said: “Today’s students are tomorrow’s entrepreneurs and the philanthropists of the future”.

Aimed at local students aged sixteen and over, FLIP is a 3-year project which has been established to raise charity awareness and understanding of social responsibility amongst this age group. FLIP project will also seek to educate teenagers about the value and societal benefits of philanthropic gift-giving, as well as teach them how to manage their own charitable funds.

Highlights of the project will include management of a £5 million virtual philanthropic investment portfolio and a charity fundraising project, through which the participants will get a real insight into charities and the way they work. Selected students will be required to undertake various assignments of a charitable and financial nature over the course of the 3 years, for which they will receive financial rewards and gifts. Participants will also be able to select a charity of their choice to receive donations and for whom they will complete a fundraising project. Overall FLIP project will help Gibraltar community to develop a better philanthropy future.

FLIP project is supported by the Department of Education and Training and all current year 12 students from any Gibraltar-based school / college, who have achieved at least 5 A’s at GCSE are invited to attend the launch and apply for the opportunity to take part in the FLIP project. Twenty applicants will be selected to participate in the scheme.

www.flip.gi