ICONIQ Impact Announces Grantees of Collaborative Philanthropy Fund Aiming to Mobilize $200M for Youth Mental Health and Wellbeing
- Editor
- Mar 5
- 1 min read
Whats Happening:
ICONIQ Impact, ICONIQ Capital's collaborative philanthropy platform, has announced the grantees of its Youth Mental Wellbeing Co-Lab. The fund has raised $112 million from eight philanthropic donors to support 25 organizations addressing youth anxiety and depression globally. The initiative aims to mobilize $200 million over five years, providing unrestricted funding to grantees focused on giving young people agency, fostering community and belonging, and building resilience.
Key Moves:
ICONIQ Impact launches $112 million fund for youth mental health
25 grantee organizations to receive unrestricted funding over 5 years
Fund aims to mobilize $200 million total for youth mental wellbeing
By The Numbers:
$112 million raised from 8 philanthropic donors
60% of funding allocated to organizations in the Global South
20% of youth globally struggle with anxiety, nearly 25% with depression
Key Quotes:
"This Co-Lab is boldly supporting organizations addressing critical but often neglected areas of youth mental health," says Xin Liu, anchor donor.
"We are determined to support our grantees in getting these formative tools into the hands of today's youth and creating new pathways for them to shape their own futures," says Matti Navellou, head of ICONIQ Impact.
Bottom Line:
ICONIQ Impact's Youth Mental Wellbeing Co-Lab represents a significant investment in addressing the global youth mental health crisis. By focusing on agency, community, and resilience, the fund aims to create lasting impact through collaborative philanthropy and unrestricted funding to innovative organizations worldwide.
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