Tuesday, October 6, 2020

How Do I Benefit Financially From YouthUSA

By Stephanie and Eric Stradford

AMWS October 7, 2020, Atlanta – Since 1996, the YouthUSA brand has promoted an inclusive vision of the future for historically disadvantaged Americans.  The charity honored ten “winners” at THE ANNUAL YOUTH ACHIEVEMENT AWARDS.  Their most frequently asked question has been, “What did I win?

VISION:  Each YouthUSA winning application included a winner’s “Money-n-the-Bank,” a written plan with seven specific categories for developing a whole person’s vision of the future.  

PROVISION:  The authorized application supported circular capacity building, addressing a universally documented need, “It takes a whole village to raise a child.”  Each of twenty caring adults invested $5 toward a $100 Individual Development Account (IDA).  YouthUSA developed and proposed regional technical assistance conferences at the beginning of the Bush #43 White House administration.

According to Linda Ivey, a development specialist with the National Community Reinvestment Coalition (NCRC), the U.S. government had committed to helping poor families be less poor by passing the Stephanie Tubbs Jones Assets For Independence Act. 

The act authorized public funds to achieve Economic Inclusion.  NCRC advocates compliance with the Community Reinvestment Act of 1977.  In 2016, YouthUSA corporate leadership reached out to elected officials via the National Black Political Convention, sponsored by the National Policy Alliance.  In 2017, under the Trump Administration, no funds were appropriated for the Assets for Independence (AFI) program.

COMMON VISION:  During the year 2030, qualifying YouthUSA Beneficiaries will inherit a global vision of the future.  #NoPoverty is 1 of 17 Sustainable Development Goals embraced by 180 nations around the world.  YouthUSA quarterly meetings support self-paced LEARN-2-EARN training in which beneficiaries demonstrate their readiness for economic leadership.

 

When:           OCTOBER 24, 2020 – 9:00 A.M. ET

Where:         www.YouthUSA.net/meetings

Who:             YouthUSA invites beneficiaries, directors, and stakeholders to its annual appropriations meeting.  Each year, YouthUSA engages the Corporate Village in identifying needs and means for the upcoming year.  The corporation is committed to reinvest $50,000.00 toward its 2021 program budget.

What:             Achieving #NoPoverty by 2030 requires Economic Inclusion. 

Why:              …In America achieving #NoPoverty requires demanding that the rich “become even richer at a slower rate.” It takes a Whole Village!  A Whole Village requires an attitude of community and not chaos.  And, it takes whole people to see that nothing is impossible.   As we know, Cheerful Giving is often impacted by one's economic reality.  

How:              GrandMentors’ Trust presents a model for cross-generational inclusion.  Collaborative development of a replicable Living Trust invites learners of all ages to ENVISION 2030 as an economically inclusive community.  ENGAGE NOW!  www.YouthUSA.net/meetings

 

2030 BENEFICIARIES

Generation A (8-14 in 2020) will be age 18-24 in 2030.  Begin NOW to identify a “Whole Village” of 20 caring adults (age 25 or older) and your written goals.  Start saving a minimum of $5.00 per week from allowances, birthdays, gifts, etc.  You can be banked within 30-days.  By 2030, you will have saved a minimum of $2,600 PLUS INTEREST in an emergency savings account.  Each year increase your savings and seek supporting matches from your Whole Village or other resources.  Take financial literacy classes with your CAM and/or members of your Whole Village.  Learn how to budget and stay debt free. 

 

2030 COMMUNITY ASSET MANAGERS (CAM)

Generation Z (15-23 in 2020) will be age 25-33 in 2030.  Generation Z should include at least 100 YouthUSA economic beneficiaries earning at least $50,000 annually.  The 100 should be working with at least 1,000 caring adult stakeholders in a global vision to end poverty.  If you bank a minimum of $25.00 per week, by 2030, you will have saved $13,000.00 in your emergency savings account.  Each year increase your savings and seek supporting matches from other resources.  Review financial literacy tips, modify your goals and carefully manage any debt. 

 

2030 TRUSTEES

Generation Y Millennials (24-39 in 2020) will be age 34-49 in 2030.  By age 49, your retirement investments should be secure, on track for your future and no debt except maybe a mortgage.  This group should include trained, trustworthy trustees of Living Trusts established to sustain engagement in a global vision to end poverty.  Your goals are clear, you have a definitive plan and a specific course of action to reach your goals. 

 

2030 TRUST ADMINISTRATORS

Generation X (40-55 in 2020) will be age 50-65.  This generation should include at least 100 YouthUSA investors with a retirement savings of $1-million or more and zero (0) debt.  That means no mortgage when you retire.  Administrators teach others how to save, live within their means, adopt a debt-free lifestyle and invest in social enterprises.  

 

2030 TRUSTORS

Baby Boomers (56-74 in 2020) will be age 66-84 in 2030.  This group includes 100 Trustors in Living Trusts collectively valued at $100 million.  The wisdom of this generation should be transferred to younger generations so that #NoPoverty is a reality in 2030.

 

GrandMentors' Trust

Silent Generation (75-92 in 2020) will be age 85-102 in 2030.  This group includes seniors reinvesting value and “values” in 100 Living Trusts collectively valued at $100 million.  They included the “talented tenth” who were encouraged to get a good education and your reward is a good job.  GrandMentors’ Trust includes The Evelyn Walker Armstrong Charitable Remainder Trust, The J.D. and Laurena Walker Fund, The Reverend James and Alma Stradford Family Fund, The Montford Point Gold Medal Marine Trust, and any Living Trusts established through the NATIONAL LEARN-2-EARN PARTNERSHIP.

 

Greatest Generation will be 103 or older in 2030.  This generation should include endowed trusts established to achieve Economic Inclusion.

 

 

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