I am a memorial to all who died young,
Who gave their lives, who lost them.
To all who have no work, no hope, no future,
I exist to make amends, to right the wrongs,
To give now what then was rent away.
To make that the coming day
Ensures for all the generations hence
What, denied, their forebears never knew
– a life lived full, initiatives unfolded.
But this above all else I pledge:
That those initiatives be fully funded
Poem by Christopher Houghton Budd
Sculpture by Raoul Hunter, Quebec City River Front
£100,000 by 11 November 2018?
To commemorate those who died in World War 1, the town erected a statue (opposite MacDonalds) by public subscription. Youth Bonds are a similar thing, being money given by the public to help finance young people – but a fund instead of a statue.
As an example of Youth Bonds, the Folkestone Youth Fund aims to raise £100,000 by 11 November 2018, the centenary of Armistice Day, in order to be able to provide capital or liquidity to young people in Folkestone seeking to develop their financial literacy by creating simple, but manageable businesses, through which to unfold their skills and contribute to the town's regeneration.
£100,000 divided by the adult population of Folkestone (say, 40,000) is £2.50, the price of a cup of coffee, or half a glass of wine or half a pint of (expensive) beer. If everyone gave that amount on one day, paying for but not having their drink, we would have £100,000 in one day, but it would be available forever.
If you would like to contribute, please send a donation to Finance Folkestone, Santander Bank, 09-01-55 / 37352082 (Reference: 4youth), or click the PayPal button below.