CHILD & YOUTH FINANCE INTERNATIONAL

Financial inclusion for children and youth worldwide

CHILD & YOUTH FINANCE INTERNATIONAL is ranked 32 in TOP 500 World by NGO Advisor

NGO Advisor’s Opinion & Ratings

Launched in 2012 by Jeroo Billimoria, the founder of Aflatoun and Child Helpline International, Child & Youth Finance International (CYFI) is proof that small NGOs can change the world by following their conviction, ideas, expertise, and genius. The word “genius” may sound a bit extreme, but it is a difficult word to avoid when looking at how much CYFI has accomplished in its short history. Through using its innovative collaborative systems change model, it has succeeded in creating and nurturing a worldwide movement to provide children and youth with financial education and economic citizenship. It took on the role of ‘honest broker’, advocating for the issue with governments and policymakers, disseminating expertise from within the movement, co-creating innovative programs which can scale, and convening all the different players to synchronize their efforts. This way of working has allowed it to stay small, and reach high impact at low cost.

Only someone with true nonprofit genius could pull this off.

Now, having played the part of catalyst in what has now become a blazing fire for economic citizenship for young people, CYFI has taken a step back and acknowledged that its role has been completed – a bold and unconventional thing for an NGO to declare. Thus, in 2018, CYFI has decided do what it does best – collaborative systems change – and apply it to the topic of youth entrepreneurship. Watch this space, because if the past seven years have taught us anything at all, it’s that CYFI has the know-how, login, and password to make global, impactful change in a short amount of time.

7 / 10 Hiring Rating
7 / 10 Sustainability
7 / 10 Diversity on Funding Streams
9 / 10 Innovation Ratio
8 / 10 Transparency & Accountability
8 / 10 Independence from Governments
7 / 10 Independence from Corporations
7 / 10 Impact Measurement
8 / 10 Audit Results
8 / 10 Independence from One Funder

General

Logo
Organization Name
CHILD & YOUTH FINANCE INTERNATIONAL
Tagline
Financial inclusion for children and youth worldwide
English-Language Website URL
Other-Language Website URLs

http://globalmoneyweek.org/, http://yecommunity.com/en/

Type of organization
network, nonprofit,
Year Founded
2012
Lead Photo For Profile
HQ Location: City, Country
Amsterdam | The Netherlands
HQ Mailing Address
PO Box 16524 | 1001 RA Amsterdam | The Netherlands
Name of Official Representative for Profile
Liina Liblik, liina@childfinance.org, +31 (0)205203900
Primary Contact and General Inquiries
info@childfinance.org
Is Your Organisation Membership-based ?
No
History

CYFI  was established in April 2012. CYFI’s sister organization and Jeroo Billimoria’s previous endeavour, Aflatoun, has their own Economic Citizneship Ecducation (ECE) curriculum which was being implemented by partners around the world. However, Jeroo found that although ECE is important, only a small number of children were being reached due to systemic limitations.

Therefore, CYFI was born out of recognition that reshaping financial systems is needed to support the global network in changing the lives of many more children and youth worldwide.

Please Briefly Describe Your Economic Model.
We rely primarily on grant income from donors.

Activity

Sectors of Activity
Economic Empowerment, Children & Youth, Education, Knowledge Sharing,
Mission

Poverty is a global challenge. It has so many enduring effects on people, their communities and their countries.

CYFI sees that that the key to fighting poverty is for people to learn how to manage and handle money, and have the confidence, knowledge and responsibility to spend and earn it responsibly. This must start from childhood.

So CYFI has partnered with thousands of organizations in over 150 countries around the world – from banks, to governments, to NGOs, to academics – you name it! Together, they work to create policies and programs that make children and youth able to learn about money, have access to a bank account, develop entrepreneurial skills and, most importantly, to believe in themselves.

 

 

 

 

Country (or countries) where active
Worldwide
Latest Annual Report PDF
Alliances, Networks, and Affiliations
  • Affiliated member of G20’s Global Partnership for Financial Inclusion (http://www.gpfi.org)
  • Associate Member of the International Network for Financial Education (http://www.financial-education.org)
  • Member of the Global Partnership for Youth in Development (http://www.youthindev.org)
  • Member of the Coalition for Adolescent Girls (http://coalitionforadolescentgirls.org)
  • Member of the European Microfinance Network (http://www.european-microfinance.org)
  • Member of the European Entrepreneurship Education Hub (http://www.ee-hub.eu)

 

 

 

 

 

Contact Information for Press Inquiries
Liina Liblik, liina@childfinance.org, +31 (0)205203900
Contact Information for Fundraising Inquiries
Bram van Eijk, abram@childfianance.org

Human Resources

Full name
Bram van Eijk, Lubna Shaban
Age
-
Photo Portrait
Has Held Position Since
2011
Preceded by
-
Number of Unpaid Interns
6
Number of Paid Interns
3
Number of New Hires
1
Number of Newly Created Positions
1
Average Age of Paid Staff
<30
Number of Volunteers
5
Local Staff/Field vs Total Staff (%)
0
Staff Turnover Rate
-1

Bylaws & Legal

Legal Status
Stichting
Year of Registration
2011
Are Your Bylaws Publicly Available ?
No
Are Your Bylaws Provided On Request ?
Yes
Provide a Request URL or Email
info@childfinance.org
Date of Bylaws' Last Modification
-
Reason(s) for Modification(s)
-
Countries Where Legally Represented
The Netherlands
Is Your Organization Accredited to ECOSOC (UN)?
No

Financials

Latest Yearly Income (All Countries and Entities)
2,066,109
Latest Surplus/Deficit
US$533,858
Previous Yearly Income
US$2,066,109
Latest Net Assets
US$855,722
Date of Publication for Next Financial Statement
2016
Latest Financial Statements
Year of Latest Audit Review
2016
Contact Information for Auditors

EY Accountants
Cross Towers, Antonio Vivaldistraat 150
1083 HP Amsterdam, The Netherlands
Postbus 7883
1008 AB Amsterdam, The Netherlands