Monday, September 25, 2023

Palm Beach County’s Philanthropy Tank Inspires Young ‘Changemakers’

The next generation of leaders isn’t waiting around to make an impact.

From women’s rights to health and human services, teens have taken strides to make big changes to the community. Now, they have the chance to create an even bigger impact through Philanthropy Tank.

Philanthropy Tank gives teens a chance to receive funding and investment for their community projects. By receiving a grant, they also get one-to-one mentoring from philanthropists and investors. The project has generated more than $300,000 in grants for 57 student entrepreneurs for 26 projects. Last year, $100,000 was rewarded to a variety of causes.

The finalists, who can work in teams of at most four or by themselves, must pitch their ideas in a “Shark Tank” style setting. Philanthropists and investors in the audience have the opportunity to support their causes.

The Philanthropy Tank is interested in projects with a long-term impact and students should directly address the Palm Beach community issues with innovative solutions.

“Sustainability is really important. We don’t really want something that is one and done,” says Evan Deoul, Philanthropy Tank co-founder. “The goal is to build a community where we will have programs that will be impactful for the next decade or two.”

Beginning Aug. 1, students who live in Palm Beach County in grades 8 to 12 can apply to become finalists for the fourth annual Philanthropy Tank program. The community will have the opportunity to select a team or individual to pitch at the Philanthropy Tank Finals on Sunday, March 10.

To apply, visit philanthropytank.org/apply/.

Check out our November issue of Boca magazine to read about Ava Goldstone, a 2017 Palm Beach Philanthropy Tank winner who lead the charge to build a playground that disabled kids could enjoy, too.

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