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Community Highlights: Meet SYP Foundation

Today we’d like to introduce you to SYP Foundation. 

Hello SYP Foundation, please kick things off for us with an introduction to yourself and your story.
SYP Foundation originated from an idea in a group chat. Originally the plan was to put money together for our own scholarship fund. Then we decided to go all-in, and create an organization that would consistently be dedicated to educating and inspiring the community. 

I’m sure you wouldn’t say it’s been obstacle-free, but so far would you say the journey has been a fairly smooth road?
Although we have made huge progress since the formation of the nonprofit there have been some obstacles to overcome along the way. As a collective, we have had to figure out how the organization would be funded, the process of legally forming a nonprofit, and navigating community outreach throughout the pandemic. Not to mention every member contributed to the foundation all while balancing work, school, and personal endeavors. 

As you know, we’re big fans of SYP Foundation. For our readers who might not be as familiar what can you tell them about the brand?
SYP Foundation is a non-profit based in Baltimore, Maryland. This organization was established by 10 friends who wanted to have an impact on the surrounding community. Our mission is to encourage financial empowerment through literacy, scholarship, and public service. Our motto S.Y.P. is an acronym for “Stack Your Paper”. The intent of Stack Your Paper is to emphasize money as a tool for financial literacy and investing while using it as a bridge to financial freedom rather than seeing it only for monetary value. 

One thing that is special about our organization is that we all decided to give back at such an early stage in our careers. Each of us are young professionals that have proven you do not have to wait to be “successful” to start giving back. Using this mindset, the SYP Foundation has been able to donate over $4,400 to Western Tech and HBCU students through our 1st Annual SYP Scholarship, provide 20 local families with Thanksgiving dinners, and donate 100 book bags filled with school supplies to students at Baltimore Public Schools. The most exciting thing about this whole journey as an organization is that 10 friends have put together time, money, and perspective to help their community in a variety of ways. 

Any big plans?
In the foreseeable future, we plan on continuing to participate in valuable community service alongside promoting financial literacy. It is our hope that we can continue to grow and network to build our reputation in the state of Maryland and beyond. As we continue to grow, we plan to increase our scholarship contributions and reach more students. We wish to have a pipeline of SYP scholarship recipients that we can mentor and inspire, creating generational impact. It is extremely crucial for the youth in our community to have representation and assistance from those who look, act, and talk like them. In the meantime, we are grateful for what we’ve been able to accomplish thus far and hope to trend upward for years to come. 

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Image Credits

Justin Sharpe

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