YouthBuild Asset Trust
The YouthBuild Asset Trust makes gifts to outstanding graduates of YouthBuild to seize opportunities to advance their careers and education, build assets to achieve economic independence, overcome unexpected setbacks, and enhance their leadership roles in their communities. These gifts are typically less than $2,000 and are designed to help assist graduates in a variety of ways including: college tuition and other expenses, buying a home, career advancement, entrepreneurial ventures, or to overcome an obstacle or seize an opportunity that would make a decisive improvement in a graduate's life.
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YouthBuild National Individual Development Account Program
The National IDA Program provides YouthBuild graduates sponsored by local YouthBuild programs with matching funds for individual savings accounts. The funds are matched at a ratio of 5:1. It provides a participant who has saved the maximum amount of $800 with an additional $4,000. Each local site contributes $1,000 to the match for each of its sponsored graduates. YouthBuild USA provides the other $3,000. These funds can be used for higher education, first-time home ownership, or entrepreneurship. The IDA Program also provides financial literacy training for participants.
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