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YCAB Foundation

Child by Child We Build Our World

YCAB Foundation is world ranked on thedotgood.
YCAB Foundation is an official contender on thedotgood
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Number of employeeS

297

Year of Registration

1999

Number of Followers

1

Annual income

US$ 2.32 million

Category of SGO

Hybrid

Country

Indonesia

Chief Executive Officer
By The [.] Newsroom From thedotgood's Editorial Desk
August 22, 2019
thedotgood's take
What's so special with that SGO.
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With a Little Help, Love Beats Drugs

In 1999, the year the organization was founded, YCAB helped 2,000 youths get off of drugs, out of crime, and back into school. By 2012, that number had grown to 400,000. By 2015, it had soared to 3 million. There aren’t many organizations that can report such vast growth in just 16 years, and there are especially few in Indonesia, Myanmar, and Laos, the countries where YCAB currently operates. The key to YCAB’s success? Love. YCAB’s full name, Yayasan Cinta Anak Bangsa, translates to “Loving the Nation’s Children Foundation.”

In the 1990s, YCAB founder Veronica Colondam became alarmed with the strong correlation between increasing high school dropout rates and substance abuse and street crime among Indonesian youth. She quickly realized that this correlation represented both the problem and the solution. As such, YCAB bases...

Read more

With a Little Help, Love Beats Drugs

In 1999, the year the organization was founded, YCAB helped 2,000 youths get off of drugs, out of crime, and back into school. By 2012, that number had grown to 400,000. By 2015, it had soared to 3 million. There aren’t many organizations that can report such vast growth in just 16 years, and there are especially few in Indonesia, Myanmar, and Laos, the countries where YCAB currently operates. The key to YCAB’s success? Love. YCAB’s full name, Yayasan Cinta Anak Bangsa, translates to “Loving the Nation’s Children Foundation.”

In the 1990s, YCAB founder Veronica Colondam became alarmed with the strong correlation between increasing high school dropout rates and substance abuse and street crime among Indonesian youth. She quickly realized that this correlation represented both the problem and the solution. As such, YCAB bases its programs on three major ideas: combatting risky youth behaviors by promoting healthy lifestyle options; creating Learning Centers for dropouts; and running entrepreneurship and job creation programs that include microloans, seed capital, and vocational training. Health, education and economy in a context where youth feel loved, hopeful, and full of opportunity – that is the YCAB cocktail.

But the organization does not stop there. Colondam wanted her project to be sustainable, scalable, and long-lived. To ensure the organization’s lasting success, YCAB now sources its revenue streams both internally and externally. Its social enterprise model guarantees the sustainability of all programs. YCAB has sustainably covered all administrative costs since 2010, thanks to four businesses the organization established in 2000. Outside of its social entrepreneurship programs, YCAB taps into corporations’ CSR programs, governmental support, and international grants, including one offered by the US Department of State Bureau of International Narcotics and Law Enforcement Affairs. YCAB also offers to mediate for public authorities, and is able to enter public-private partnerships that address the widespread modern plague of youth drug use and street crime.

Beyond its success as an organization, YCAB has proven that education and access to finances can help youths achieve a great deal. Love and respect can get kids back into school and away from substance dependency. From our vantage point, it seems that YCAB’s growth and international expansion is only just beginning.

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Mission statement
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  1. Provide integrated financial inclusion services for
    ultra micro-entrepreneurial mothers to improve their
    family’s welfare and their children’s education.
  2. Champion educational justice through holistic
    programs to enable youth to optimize their potential
    and become financially independent.
  3. Invest in impactful and scalable social enterprises
    whose work strengthens and aligns with YCAB’s
    vision.
  4. Our Vision is to build a thriving world where youth and mothers are
    empowered through love, hope, and opportunity to
    be liberated from generational poverty in
    sustainable ways
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  1. Provide integrated financial inclusion services for
    ultra micro-entrepreneurial mothers to improve their
    family’s welfare and their children’s education.
  2. Champion educational justice through holistic
    programs to enable youth to optimize their potential
    and become financially independent.
  3. Invest in impactful and scalable social enterprises
    whose work strengthens and aligns with YCAB’s
    vision.
  4. Our Vision is to build a thriving world where youth and mothers are
    empowered through love, hope, and opportunity to
    be liberated from generational poverty in
    sustainable ways
Show less

Impact

LATEST ANNUAL INCOME
US$ 2.32 million
Previous Annual Income
US$ 1,668,447.00
Latest Surplus/Deficit
US$ 230,980.00
Latest Net Assets
US$ 407,897.00
Name of Auditing Firm
Unknown
LATEST FINANCIAL STATEMENTS
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COUNTRY (OR COUNTRIES) WHERE ACTIVE
Indonesia and previously Myanmar, Laos, Uganda, Pakistan, Mongolia, Afghanistan

Governance

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Chief Executive Officer
Veronica Colondam
SHORT BIOGRAPHY
Veronica Colondam is the founder and chief executive officer of YCAB Foundation. She is a published author and speaker; recipient of two United Nation awards (Vienna, 2001 & New York, 2017); YGL (2006); Fellow of Asia21 Young Leader (2007); EY Social Entrepreneur of the Year (2011); Schwab’s Social Entrepreneur of the Year (2012); Forbes’ 48 Asian Philanthropist (2015); Women of Impact (2020) and Asia’s Top Superwomen (2021). Double degrees in communications and public relations and MSc. in social sciences from Imperial College London. An alumna of special postgraduate education for WEF’s Young Global Leader in HKS, 2009 & Yale, 2014; Leadership (MIT, 2010); Social Entrepreneurship (INSEAD, 2010); Impact Investing (Oxford, 2012). Veronica also sits in the board of Independent Commissioner of PT. PNM Indonesia and AVPN’s Chairperson of The Board. Married with three grown children. Veronica enjoys traveling as her dedication to give back and inspire the next gen through lectures & mentorship.
Has Held position since
1999
Board Gender balance
3 (Female)
Number of Employees
297
Number of Volunteers
3 in 2020 and 17,256 (1999/2020)

History

Established in 1999, YCAB Foundation is the founding and flagship organization in the YCAB social enterprise group based on a mutually reinforcing and financially sustainable social change model. The lives of more than four million underprivileged youth and almost 200,000 women owned MSMEs have been impacted through education and mission driven inclusive financing.

Established in Indonesia on August 13th, 1999 by Veronica Colondam out of her concern about the increasing rate of teens engaging in risky behaviors’ and the millions of youth who drop out of school. The word “Cinta” means Love. YCAB is about loving the least of the nation’s children. This Love is translated into providing hope and opportunity to marginalized youth. YCAB has grown exponentially from reaching out to 2000 youths to more than four million underprivileged youth and almost 200,000 women owned MSMEs.

Read more

Established in 1999, YCAB Foundation is the founding and flagship organization in the YCAB social enterprise group based on a mutually reinforcing and financially sustainable social change model. The lives of more than four million underprivileged youth and almost 200,000 women owned MSMEs have been impacted through education and mission driven inclusive financing.

Established in Indonesia on August 13th, 1999 by Veronica Colondam out of her concern about the increasing rate of teens engaging in risky behaviors’ and the millions of youth who drop out of school. The word “Cinta” means Love. YCAB is about loving the least of the nation’s children. This Love is translated into providing hope and opportunity to marginalized youth. YCAB has grown exponentially from reaching out to 2000 youths to more than four million underprivileged youth and almost 200,000 women owned MSMEs.

Show less
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Legal Status
Foundation charity organization No. 0220105432736 Indonesia, Registered 501(c3) Foundation in the USA.
Year of registration
1999
BYLAWS PUBLICLY AVAILABLE
Yes
BYLAWS PROVIDED ON REQUEST
Yes

Contact

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HQ LOCATION ADDRESS
Jl. Surya Mandala I. No,8D, Kedoya, Jakarta Barat 11520 | Jakarta Indonesia
SOCIAL NETWORKS
WEBSITE
MAIN CONTACT EMAIL
contact@ycab.org
+62 21 5835 5000