The abuse and neglect of children is a global problem with serious lifelong consequences. It cuts across all socio-economic, racial, and religious lines. Child abuse causes suffering to children and families; it can result in stress that is associated with disruptions in early brain development. Extreme stress can impair the development of the nervous and immune systems. As adults, maltreated children are at increased risk for behavioral, physical and mental health problems.
Worldwide, it is estimated that 40 million children are subjected to abuse each year with nearly a quarter of all adults reporting that they suffered physical abuse as a child. In the United States, there are over 3.3 million reports of child abuse and neglect made a year. However, since children are often too young, too scared or too ashamed to tell anyone about it, abuse can easily be hidden from view and these reports may underestimate the true occurrence. The Center for Disease Control and Prevention (CDC) estimates that 1 in 4 U.S. children experience some form of child abuse in their lifetimes.
Unlike every other childhood cause, children suffering from abuse lack a natural parental constituency for advocacy and funding. The alternative investment industry, in their support of Help For Children, has clearly stood up for these children.
Help For Children is a direct result of the commitment that Hedge Funds Care and Private Equity Cares has shown to the issue. With the active support of our Board of Directors and other partners, HFC raises money and awards grants in 12 major cities in 6 countries. To date, HFC has given over $44 million in 1,250 grants.
In responding to the complex issues around child maltreatment, HFC grants take a multi-faceted approach in the types of programs funded. We currently fund programs within five different funding priorities. For a fuller description of these priorities, please see the Grants How to Apply page.
In our most recent grant making year, the global foundation, Help For Children, provided close to $4 million in funding to 110 different programs that serve over 87,000 people. The chart above illustrates the number of individuals served, broken down by grant priority area.
Above is a breakdown of each of the HFC locations by the number of grants and the amount of money for grantees in each location for 2015.
Every grantee goes through a rigorous funding process. Grantees must submit a Letter of Intent and then be invited to submit a full proposal. Potential grantees are asked to identify the outcomes they expect to achieve with a Help For Children grant. Those outcomes must be related to preventing and treating child abuse. In addition, every potential grantee must identify how they will measure success in achieving their outcomes.
Help For Children Grants Committees, and the local Academic Consultant, evaluate the population, problem, and activity proposed by each applicant for adherence to the HFC mission of preventing and treating child abuse. They then assess the specific projected outcomes and the measurement tools employed by each applicant to determine success for effectiveness and efficacy. Help For Children does not believe in one size fitting all. By allowing each grantee to propose the measurement tools they wish to employ, and then monitoring their implementation, HFC allows for local creativity and integrity while also ensuring significant oversight for evaluating results.