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Harvard Business School Publishes Case Study on Youth Villages in North Carolina
Date:4/15/2009

Growth Capital Aggregation Pilot, Youth Villages secured $40 million in up-front growth capital to finance the building of Youth Villages' capacity to support its larger scale.

"If successful, Youth Villages will be poised to become a national leader in providing proven services to assist the nation's most at-risk youth," said Woody McCutchen, EMCF portfolio manager, "as well as being positioned to reach long-term financial sustainability."

Investors in the growth plan include The Day Foundation, FedEx Corp., The Bill & Melinda Gates Foundation, The Jenesis Group, The Kresge Foundation, Strategic Grant Partners, the GreenLight Fund, the Paul and Phyllis Fireman Charitable Foundation, the Duke Endowment and the Youth Villages board of directors. All co-investors support the growth plan, aligned terms and conditions for investment with one another, and created a unified reporting and performance tracking structure for Youth Villages.

Lawler has led Youth Villages since its founding in the merger of two small residential campuses in Memphis in 1986. The organization has grown from helping 50 children a year to touching the lives of more than 12,000 children and families in 10 states and the District of Columbia last year. In North Carolina, Youth Villages operates offices in Asheville, Charlotte, Raleigh-Durham, Greensboro, Greenville, Hickory, Pinehurst and Wilmington. The private nonprofit organization has grown from an annual revenue of $1 million in 1986 to more than $97 million in 2008. In 2006, U.S. News & World Report and the Center for Public Leadership at Harvard University's John F. Kennedy School of Government named Lawler one of "America's Best Leaders," along with financier Warren Buffett, New York Mayor Michael Bloomberg and Teach for America CEO Wendy Kopp.

The complete case study is available at www.h
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SOURCE Youth Villages
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