PLATINUM2024

Very Important Projects Fund

Empowering youth through education and entrepreneurship

aka VIP.fund   |   Hermosa Beach, CA   |  www.vip.fund

Mission

Create transformative opportunities for economically marginalized, conflict impacted youth through education programs, entrepreneurship investments and fellowships. We look for intervention solutions to help youth thrive by funding solutions that 1. Foster opportunities for lifetime learning 2. Provide employment opportunities 3. Employ technology to scale learning experiences Introduce critical thinking programs 4. Build social connections with a global community We are working with youth online and in - the Palestinian Territories, - Jordan, - Lebanon, - Turkey, We deliver youth (through universities) awareness and engagement programs in the USA.

Ruling year info

2016

Principal Officer

Rama Chakaki

Main address

303 29th Street

Hermosa Beach, CA 90254 USA

Show more contact info

EIN

81-0854265

NTEE code info

Business, Youth Development (O53)

Fund Raising and/or Fund Distribution (O12)

Youth Development Programs (O50)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

edSeed

Crowdfunding network for education including mobile applications on Android & iOS, beneficiary training programs and marketing communications campaigns. Students campaign for funds, universities and other educational institutions are the direct recipients of funding. 100% of donations go towards scholarships. Private foundations cover overhead costs.

Population(s) Served
Immigrants and migrants
Young adults

30min-1hr webinars providing an overview by an entrepreneur, technologist, media specialist, education specialists on a topic that may be of interest to University students/recent graduates from the Middle East.

Population(s) Served
Young adults
Economically disadvantaged people

Online learning platform and training modules designed for displaced and war impacted Middle East youth. Content and learning objectives focus on training for employment and entrepreneurship. Programs are designed and delivered in partnership with the Private sector (Media, IT, education, Green economy)

Population(s) Served
Young adults
Women and girls

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Total dollar amount of scholarship awarded

This metric is no longer tracked.
Totals By Year
Related Program

edSeed

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Number of students registered for online courses

This metric is no longer tracked.
Totals By Year
Related Program

VoxVisio Webinar Series

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of students showing interest in topics related to STEM

This metric is no longer tracked.
Totals By Year
Related Program

edSeed

Type of Metric

Context - describing the issue we work on

Direction of Success

Increasing

Total number of volunteer hours contributed to the organization

This metric is no longer tracked.
Totals By Year
Related Program

edSeed

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Number of graduates enrolled in higher learning, university, or technical/vocational training

This metric is no longer tracked.
Totals By Year
Population(s) Served

Young adults

Related Program

edSeed

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of first-entry undergraduate program students who identify themselves as 'visible minorities'or 'non-white'

This metric is no longer tracked.
Totals By Year
Population(s) Served

Young adults

Related Program

edSeed

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of return website visitors

This metric is no longer tracked.
Totals By Year
Population(s) Served

Young adults

Related Program

edSeed

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

The VIP.fund is a youth-focused philanthropy fund, empowering marginalized and displaced youth impacted by conflict. We run e-learning programs, crowdfund for college, and partner with institutions who further our beneficiaries' employment prospects. We’ve all seen the tragic effect war has on youth in the Middle East: young men recruited by corrupt organizations; young women often forced to marry rather than study. These young adults would opt to receive an education and secure an income if it were available. To solve these opportunity deficits, we’ve made a difference since 2015 by crowdfunding for students who cannot pay for university so they can earn an income through vocational, trade, web development, and other online training; helping choose careers with income-generating opportunities; applying for jobs; leveraging social media to build professional connections; and soft skills training. Our scalable community consists of an online platform of volunteers: scholars who upon graduating pay it forward to support other students, tech experts who help with operations, and mentors who guide students along their journey. The consequences of conflict and displacement on vulnerable populations have amplified the same risks that developing countries are facing right now: mass migration, poverty, radicalization, despair. Education and employment are the pathways to give marginalized youth 21st-century tools enabling them to thrive in the global community. We provide practical pathways to hope, and are excited to have launched our new and innovative project: Work4Education,building Syrian/Palestinian automated speech-recogntition dialects, putting edSeed students on the map as content creators, implementing “human in the loop” AI. We connect our students with companies offering online internships and employment. By tapping into their native language skills, W4E will be a gateway for our students to contribute tuition costs, learn AI basics, land internships in advanced AI, and graduate to employment opportunities. Students receive training, work 10-15 hours per week, with stipends deposited into their crowdfunding campaigns, then transferred directly to their university accounts. By establishing connections with cutting edge Silicon Valley firms, we’re nurturing lifelong relationships in a field offering career advancement. Currently with 44 W4E students, we can absorb hundreds more. We would like to improve AI training data labeling, using higher levels of AI services to implement an innovative new project that will build automated speech recognition of all Levantine Arabic dialects. We will build these new engines, assign them to our crowdfunding platform, and onboard more students looking to fund their education. We will license this language software because the Levantine Arabic dialects have not been explored till now; our instrument will assist other organizations working with underserved displaced students from this region.

Our platform is run almost exclusively by edSeed student volunteers: a model of learning while doing. They are the ones operating the VIP.fund on the ground level, the ones whose energy keeps our work relevant. Our students participate in national and international contests; recently, two students competed and won second and third place at the American University of Lebanon Switchboard Hackathon. Humans are natural tool users; technology is no exception. Tech had already transformed the world before the pandemic, but our journey through Covid has proven that the best way to serve forcibly displaced and marginalized young people—who often cannot move beyond borders—is to provide the online tools they need to learn and work. Our power is in our numbers, our connections in the tech industry and higher education, and in the inherent curiosity of our student learners. Work4Education represents advocacy for resilient, promising youth in the Levant region. With your support, we will continue this innovative, disruptive project as we ally with displaced youth by creating resources for relevant skills and hopes for a prosperous future. With W4E already in place, with positive outcomes such as tuition paid and internships in place, we are well-positioned to advocate for our student partners and incentivize companies to effect positive change in the lives of these young agents of change and renewal. For those who have lost their homeland, we have created a virtual homeland of hope. Connecting virtually with tech companies solves the problem of training when students cannot leave places of displacement. Work4Education participants learn work and/or AI skills, gain connections, and fund their education. In addition, they expand their scope. An edSeed medical student—while annotating an assigned Work4Education document—discovered something new about a biology topic and how AI could be used by physicians in her aspiring field, thus illustrating this project’s efficacy and relevance to our students. We will continue to use AI onboarding to streamline the process and allow more students to campaign for tuition, thus reducing the negative social/educational impact in refugee camps. Our project will also allow students to participate in training and employment regardless of geographic location. Our students will gain the expertise to build Syrian, Palestinian, Lebanese, and Jordanian dialect-detection AI models that thousands of others will use and that will contribute not only the creators’ education, but to student pride in their shared culture: the use of their dialect. By co-producing disruptive AI models that recognize these dialects, students will be co-owners with the VIP.fund, receiving ongoing income anytime the instrument is used by third parties. This approach is unique, unparalleled, scalable, and worthy of support because it deeply democratizes the linguistically marginalized and politically or economically displaced.

Displaced youth across the economic spectrum are at risk of disconnection because of limited access to education, jobs, and stable social environments. Our ecosystem of refugee youth, education, and tech empowers youth with knowledge and employment skills that can play a major role in post conflict peace-building. The Journal of Youth Development reveals “the next generation has been shown to be powerful change agents in their communities and are therefore critical to a communities’ health and nation’s success.” Youth employment instills a work ethic with a focus on empathy and social development. Displaced youth are the gateway to peace in their communities; opportunity is all they need to prosper. Our beneficiaries are agents of circularity. We seed their dreams and complete the cycle of generosity as they give back to their families, their nations, and the global community—a huge gap for philanthropy to fill, but the agency and social remittances these future leaders represent are a net benefit to the region in an increasingly globalized world and will shape their communities for years to come. We would love the additional support to help increase our impact. Through education and technology, we seek solutions that will enable the largest displaced demographic to gain financial independence, contribute to their host communities and collaborate in supporting their fellow Arabs globally; we can’t think of a better way to do this than using their native language skills.

Our students study physically and virtually in Jordan, Lebanon, Turkey, Palestine (Gaza), Egypt, US, UK, Germany, and France–but we are connected virtually through Zoom, weekly student seminars, check-ins with our partner companies, and am active, constant Slack presence. We currently have 36 students employed through the Work4Education project, with 30 more expected by the end of November. The 36 have generated $41,829.04 in earnings so far. Students learn while earning, they use current communication tools such as Slack and Zoom, and they learn and implement business writing skills in English: emails, memos, etc. Several of our edSeed students have won training opportunities with companies like Transform VC, allowing them to apply for training with technology companies like LigaData and aiXplain. This is precisely our goal—that these projects provide the opportunity to meet and contact people who work with Silicon Valley companies like Microsoft and Amazon. Many university students apply for work to fund their education, and now we have more than 50 candidates who are being trained to start working with us shortly. In addition, we have implemented quality assurance teams so we can contact each other and exchange experiences.

Financials

Very Important Projects Fund
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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Very Important Projects Fund

Board of directors
as of 01/21/2024
SOURCE: Self-reported by organization
Board co-chair

Ms. Rama Chakaki

VIP.fund

Term: 2015 - 2023


Board co-chair

Brian David

Rasha Ajalyaqeen

Gail Vignola

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes

Organizational demographics

SOURCE: Self-reported; last updated 9/9/2022

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Decline to state
Sexual orientation
Decline to state
Disability status
Decline to state

Race & ethnicity

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data