GENERATION

You Employed

General

Logo
Organization Name
GENERATION
Tagline
You Employed
English-Language Website URL
Type of organization
nonprofit,
Year Founded
2015
Lead Photo For Profile
HQ Location: City, Country
1200 19th st NW, Washington DC, 20036, United States of America
HQ Physical address
1200 19th st NW, Washington DC, 20036, United States of America
HQ Mailing Address
1200 19th st NW, Washington DC, 20036, United States of America
Name of Official Representative for Profile
Jennifer Sikes, Chief Communications Officer, jennifer@generation.org, +12032465254
Primary Contact and General Inquiries
Jennifer Sikes, Chief Communications Officer, jennifer@generation.org, +12032465254
Is Your Organisation Membership-based ?
No
History

Unemployment is a source of economic underperformance, social unrest, and individual despair. The pandemic accelerated workforce trends – automation, digitization, industry shifts – leaving hundreds of millions of people unemployed or facing reduced income, with midcareer and younger underrepresented populations particularly hard-hit.

We work with young adults who have struggled to find work due to education level, lack of experience, or personal and financial challenges. We also work with midcareer workers who have lost or are at risk of losing jobs, or who are returning to work after a hiatus. In both cases, our beneficiaries have profiles employers typically overlook.

Generation was founded approximately seven years ago. In late 2014, Generation was founded by McKinsey & Company as an independent nonprofit organization with a dual mission to empower young people to build thriving, sustainable careers and to provide employers the highly skilled, motivated talent they need. The first Generation programs launched in early 2015. 

2015-2016: Viability

We chose to start implementing Generation in five countries (India, Kenya, Mexico, Spain, and the United States) in order to reflect diverse social, economic, and labor-market contexts. Through these five countries, we sought to demonstrate the robustness of Generation’s methodology in achieving consistently strong employment and income outcomes. 

2017-2018: Building the machine

We deepened our presence in our first five countries, expanded our program portfolio, and built internal processes/systems to scale and measure our impact. We also launched programs in eight new countries. 

2019-present: Becoming a system shaper

We recognize that only governments have the funding and institutions required to enable a scale approach. Our goal is to embed our programs and practices in public workforce systems and funding flows, supporting them to achieve higher employment and income outcomes.

We broadened our learner profile to serve mid-career profiles in addition to youth, and expanded to new countries.

In developing, testing, and refining the Generation approach, our ultimate goal is to create a replicable, and economically sustainable set of practices that can be applied to millions of people around the world. 

Please Briefly Describe Your Economic Model.
Generation is a global nonprofit organization with a network of country affiliates (independent local entities we created to launch Generation in each of our countries). Across the global organization and network we are funded through various streams, with approximately 50% of our funding from philanthropy and 50% from employers and government sources. In addition, we work hand in hand with implementation partners - public and private training providers with whom we partner to deliver Generation locally.

Activity

Sectors of Activity
Mission

We transform education to employment systems to prepare, place, and support people into life-changing careers that would otherwise be inaccessible.

Country (or countries) where active
Australia, Brazil, Chile, Hong Kong (China), France, India, Ireland, Italy, Kenya, Mexico, Pakistan, Singapore, Spain, Thailand, the United Kingdom, the United States
Date of Publication of Latest Annual Report or Activity Report
09/01/2021
Latest Annual Report PDF
Alliances, Networks, and Affiliations

Our Funders:

Amazon Web Services  •  Annie E. Casey Foundation  •  Arymax Foundation  •  Atento  •  Atlanta Airport Marriott  •  Atlanta CareerRise  •  Atrium Health  •  Australia Department of Social Services  •  Bank of America Foundation  •  Barclay’s  •  Bill & Melinda Gates Foundation  •  BlackRock  •  Cardinal Health  •  CareerSource of Northeast Florida  •  Charlotte Executive Leadership Council  •  Citi Foundation  •  Coca-Cola Bottling Co. Consolidated  •  Community Foundation of Northeast Florida  •  Delaware Community Foundation  •  Escuela de Organización Industrial (EOI)  •  Fondo Social Europeo  •  Foundation for the Carolinas  •  Garcia Family Foundation  •  Gatwick Airport  •  Good Things Foundation  •  Google.org  •  Greater Manchester Combined Authority  •  HMI Institute of Health Sciences  •  Hong Kong Jockey Club Charities Trust  •  IKEA Foundation  •  InfoJobs  •  Institute of Technical Education (ITE)  •  Intesa Sanpaolo  •  ISS Facility Services Limited  •  Jim Moran Foundation  •  Klépierre  •  La Fundación INCYDE  •  Lyft  •  M. Davis & Sons  •  Macquarie Group Foundation  •  Manchester Health & Care Commissioning Group  •  McKinsey & Company • McKinsey Global Services India Pvt. Ltd  •  McKinsey Knowledge Center  •  MetLife Foundation  •  Microsoft Philanthropies  •  Nacional de Monte de Piedad  •  New Profit  •  Novant Health, Inc.  •  Oracle  •  PNC Bank  •  Punjab Skills Development Fund (PSDF)  •  Ralph C. Wilson, Jr. Foundation  •  Red.es  •  Regions Bank Foundation  •  Roddenberry Foundation  •  Safaricom Foundation  •  Schultz Family Foundation  •  Skills Future Singapore  •  Stand Together Foundation  •  Starbucks Foundation  •  Swedish International Development Cooperation Agency (SIDA)  •  Temasek Holdings Advisors India Private Limited  •  The Birshan Charitable Trust  •  The Rockefeller Foundation  •  The Social Innovation and Entrepreneurship Development Fund  •  TIAA Bank  •  Unibail-Rodamco Westfield  •  United States Department of Labor Employment Training Administration  •  United Way of Greater Atlanta  •  United Way of Northeast Florida  •  United Way Worldwide (Detroit)  •  USAID  •  Vanguard Charitable  •  Verizon  •  VRB Social  •  Wadhwani Charitable Foundation  •  Walmart National Giving  •  Wells Fargo Foundation  •  West Midlands Combined Authority  •  WeWork  •  Wilmington Leaders Alliance  •  Workday  •  WSFS Bank

Contact Information for Press Inquiries
media@generation.org
Contact Information for Fundraising Inquiries
https://www.generation.org/contact
Contact Information for Development and Partnership Inquiries
https://www.generation.org/contact
Contact Information for Inquiries from Private Sector
https://www.generation.org/contact

Human Resources

Full name
Mona Mourshed
Short Biography
Dr. Mona Mourshed is the founding CEO of Generation. Mona has decades of experience as a leader in the education and workforce space. She authored widely cited education reports, including Education to Employment: Getting Europe’s Youth Into Work, Education to Employment: Designing a System That Works, How the World’s Most Improved School Systems Keep Getting Better, and How the World’s Best Performing School Systems Come Out on Top. Mona previously founded and led McKinsey & Company’s global education practice, and led McKinsey’s global social responsibility agenda. She was selected as one of Fortune Magazine’s ’40 under 40’, sits on the boards of New America and Teach for All, is a member of the Council on Foreign Relations, and previously served on the Board of Governors of the International Baccalaureate Organization. Mona has a B.A. from Stanford University and a Ph.D. from MIT. She holds dual Egyptian and American citizenship.
Photo Portrait
Has Held Position Since
2015
Number of Employees
80
Number of Unpaid Interns
0
Number of Paid Interns
0
Average Age of Paid Staff
35
Staff Turnover Rate
5%
Employment Opportunities

Bylaws & Legal

Legal Status
501(c)(3) in the US
Year of Registration
2014
Are Your Bylaws Publicly Available ?
No
Is Your Organization Accredited to ECOSOC (UN)?
No

Financials

Latest Yearly Income (All Countries and Entities)
2020: US$62.4M
Latest Surplus/Deficit
2020 (estimate): US$850.000
Previous Yearly Income
2019 (based on 990): US$26.1M
Latest Net Assets
2019 (990): US$17.9M
Latest Audited Fiscal Year
2019
Contact Information for Auditors

Calibre CPA Group, PLLC

Steven C. Darr, CPA, CMA | Partner

7501 Wisconsin Avenue, Suite 1200W

Bethesda MD 20814

202.721.1710 phone | 202.331.9890 fax

sdarr@calibrecpa.com| [www.calibrecpa.com]www.calibrecpa.com