Company Profile
Youth Futures Foundation
Company History
Transforming youth employment
Youth Futures Foundation is a new, independent, not for profit organisation set up to tackle youth unemployment with a £90 million endowment from the Reclaim Fund. We are looking for bold and impactful ways to help young people find and keep good jobs. There are over 750,000 young people not in education or employment in the UK. Young people are twice as likely to be unemployed than older adults in the labour market and BAME and disadvantaged young people disproportionately bear the brunt of it.
We are building an ‘empowerment foundation’ to identify practical solutions that work in a complex world yet are simple and cost effective enough to roll out across multiple locations, to reach as many young people as possible. Youth Futures will apply rigorous research and evaluation methods to determine what works, then channel resources and funding into sharing learnings and working in partnership to grow good practice. We recognise that whilst developing and supporting young people will go some way towards tackling youth unemployment and under employment, these are systemic issues. We are seeking a significant change in national behaviour that dramatically improves the number of young people accessing - and progressing in - work.
Youth Futures Foundation is committed to:
a) Equipping young people from diverse backgrounds to access and progress in work
b) Removing structural and systemic barriers to employment and progression
Youth Futures Foundation will take an evidence led structural and systems-based approach that recognises the importance of national learnings and local context, as well as promoting strong coordination and partnership working across government, funders, delivery organisations and employers.
We will work in partnership to close the employment gap by:
? Building the evidence base
? Understanding and highlighting structural and systemic barriers
? Improving the quality of employment programmes for young people
? Empowering government to carry out evidence-based policy making
? Equipping employers to improve productivity through hiring the best talent