Veronica Colondam established YCAB Foundation on August 13, 1999 out of her concern about the increasing rate of teens engagement into risky behaviours and the millions of youth dropout of school.
YCAB is the abbreviation for the organisation’s full name in the Indonesian language, Yayasan Cinta Anak Bangsa, which translates to “Loving The Nation’s Children Foundation“. The word “Cinta” means Love. YCAB is about loving the least of the children of a nation. This Love is translated into providing hope and opportunity to marginalised youth.
YCAB Foundation focuses in the area of youth development. We empower youth to be self reliant through healthy lifestyle promotion, education, and economic empowerment for a better and sustainable future.
Through an emphasis on education and capacity building, YCAB Foundation’s programs comprise of:
- Education Program: affordable education for underprivileged and school dropout youths, providing Basic Education, Digital Inclusion, English Literacy, various vocational training and equally important soft skills and positive lifestyle training;
- Economic Empowerment Program: this program is two prong. The first is to empower to prepare youth to enter work space and to start micro businesses by providing entrepreneurship training and seed capital. The second part is to help the mothers of the students who runs small business to improve their income through micro-loans and micro capital.
Over the years, YCAB Foundation has evolved from “impact only” to an “impact first” organisation; from being a non-profit supported by only donations to becoming a sustainable social enterprise. YCAB Foundation invests in its business units and co-operative to run its education-linked micro finance to cover not only its operational and administration cost, but also to give birth to new program periodically.
In 2007, YCAB International Inc. was established in Atlanta, Georgia, structured as non-profit 501(c)(3) with a headquarter in New York City. By 2013, our international pilot projects have now been realised in five other countries: Afghanistan, Mongolia, Myanmar, Pakistan and Uganda. In early 2013, we were ranked #74 of Top 100 NGOs in the world by the Global Journal (Geneva). YCAB now ranks #40 Top 500 NGOs World (NGO Advisor-Geneva) in 2018.
When YCAB Foundation was established in Indonesia in 1999, it started with six staff members on the payroll and five advisers and a pool of expert volunteers. Now YCAB has evolved into a group of social enterprise with more than 655 paid staff and continue to gain support from more than 3000 volunteers every year. Program-wise, YCAB has also grown exponentially. From reaching out to around 2000 youths in 1999, now it has spread its wings to serve more than 2.7 million at the bottom of the pyramid. By the end of 2020, YCAB aims to touch the lives of a five million people.
YCAB Foundation is among the very few non profits which was granted UN-ECOSOC General Consultative Status, achieved ISO 9001:2008 Certification for quality assurance and has successfully implemented Kaplan-Norton’s Balanced Scorecard Strategy Management System to continuously improve its management quality. Supported by pro bono services from Accenture, BCG, EY, Palladium and PWC, YCAB now is on the road to grow and scale with confidence.