Applying the principles of venture philanthropy, The Wood Foundation teams in the UK and Africa invest money and expertise to upskill and empower individuals, communities and economies to create systemic, sustainable and impactful progress.
In the UK, the Foundation manages and invests in a range of programmes addressing issues including youth philanthropy, global citizenship, developing the young workforce, primary science education and childhood poverty. It is also investing in long-term, regional economic development.
The Wood Foundation's Youth Philanthropy Initiative (YPI) is the biggest independent initiative being delivered in Scottish education. Since it was introduced to Scotland in 2008, YPI has engaged more than 230,000 young people who have taken responsibility for £5m of charitable giving. Each participating school is responsible for directing a grant of £3000 to a local charity championed by its students through a unique programme of teamwork, research, and competition. YPI engages a full year-group of students, developing skills and confidence through a contextualised learning experience. The programme raises awareness of social issues and local charities and is a vital means of devolved, locally driven grant-making.