NEW YORK, July 22, 2015 /PRNewswire-USNewswire/ -- Youth INC, a non-profit dedicated to improving the lives of New York City's youth, announced the appointment of Alex Navab, joining Stephen K. Orr as Co-Head of the National Advisory Board. Kathleen McCabe has been appointed as Co-President of the Board of Directors joining Wray Thorn, Co-President since 2011. Youth INC also announced the appointments of Mike Coates, Blair Fleming, George Stamas and Jon Weiss to the National Advisory Board and Cate Ambrose, Paige Costigan, Dan Evans, and Matthew Stopnik to the Board of Directors.
Youth INC's National Advisory Board is comprised of established business professionals and philanthropists who are dedicated to improving the lives of children in New York City and creating a stronger community. They serve as ambassadors to Youth INC and leverage their personal networks and resources to further the mission of empowering the next generation of this great city. The late John C. Whitehead, former Chairman of Goldman Sachs and philanthropist, became the National Advisory Board's founding member in 1996.
"This is an exciting time for Mike, Blair, George and Jon to join our National Advisory Board as we seek to expand our work," said Alex Navab, Co-Head of the Youth INC National Advisory Board and Head of Americas Private Equity at Kohlberg Kravis Roberts & Co. "Since I became involved with Youth INC, over 15 years ago, we have cultivated a strong and growing group of business executives, their companies and employees to get involved to help kids and improve our city. We see it as our time to pay it forward and make a difference."
Kathleen McCabe, Co-President of Youth INC Board of Directors and Head of Investor Relations, Morgan Stanley, has been involved with Youth INC since 2012 and echoed this sentiment, "It is a privilege to serve this organization that has such a measurable impact on the lives of youth in New York City by helping those organizations that serve them to grow and flourish. It's a great model and Youth INC is a valued philanthropic partner to Morgan Stanley. We are delighted to have Cate, Paige, Dan and Matthew join our efforts."
Youth INC supports the grassroots nonprofits that help New York City kids who have the potential, but not the opportunities that can change their lives – and our city's future. Youth INC's unique venture philanthropy model helps the city's best-run, laser-focused youth nonprofits that can best help our kids, grow their organizations and expand their reach.
"Youth INC provides the content, connections and capital that change the game for New York City's grassroots organizations," said Rehana Farrell, Executive Director, Youth INC. "We believe that everyone in New York City wants to help improve our community. We are the conduit to make it easy. We want everyone in the game!"
The Youth INC National Advisory Board consists of the following members:
- Alex Navab, Head of Americas Private Equity, Kohlberg Kravis Roberts & Co.
- Stephen K. Orr, Founder of Youth INC; Managing Partner at Orr Associates, Inc. (OAI)
- Mike Coates, President & CEO of Americas, Hill+Knowlton Strategies
- James E. Duffy, Former President, ABC Television Network
- Blair Fleming, Head, RBC Capital Markets, U.S. & Head, U.S. Investment Banking
- Jeffrey R. Holzschuh, Chairman, Institutional Securities, Morgan Stanley
- Marc Lasry, Chairman, CEO & Co-Founder, Avenue Capital
- Thomas H. Lee, President, Lee Equity Partners
- Bryan P. Marsal, Co-Founder and Co-CEO, Alvarez & Marsal, LLC
- Bruce Richards, President & CEO, Co-Managing Partner, and Portfolio Manager, Marathon Asset Management, L.P.
- Alan D. Schwartz, Executive Chairman, Guggenheim Partners, LLC
- Stephen A. Schwarzman, Chairman, CEO and Co-Founder, The Blackstone Group
- George Stamas, Senior Partner, Kirkland & Ellis LLP
- Paul J. Taubman, Founder, PJT Partners
- Ted Virtue, CEO, MidOcean Partners
- George H. Walker, Chairman & CEO, Neuberger Berman
- Jonathan G. Weiss, Head of Wells Fargo Securities, Wells Fargo & Company
About Youth INC:
Youth INC's venture philanthropy model uses a rigorous screening process to identify the most promising nonprofits serving kids. Youth INC helps its nonprofit partners to develop robust fundraising capabilities, build a strong board, and establish metrics to increase and better illustrate their impact. Youth INC also issues capacity building grants that accelerate growth and drive sustainable scale. Over the life of their partnership with Youth INC, participating nonprofits experience an average increase of more than 160 percent in revenue,
45 percent increase in Board size and, most importantly, 120 percent increase in the number of youth served. Since 1995, our venture philanthropy model has helped raise over $55 million to transform over 130 nonprofits and improve the lives of more than 600,000 New York City youth. To learn more about Youth INC visit: www.youthinc-usa.org.
SOURCE Youth INC