Applicant-Related Questions

How long has The Young Professionals’ Group been in existence?
The Young Professionals’ Group was established in 2000 and The Young Professionals’ Scholarship was first awarded in 2001.

What differentiates The Young Professionals' Scholarship from other scholarships?
We seek to award young promising students based on not only academics, but on character, demonstrated track-record of dedication to a particular occupational field, and their desire to make a positive impact to society. We provide not only monetary assistance, but also access to a network of advisors who provide academic and career guidance and advice.

How does the scholarship work?
The Young Professionals’ Scholarship recipients are awarded a one-time $1,000 scholarship and lifetime access to The YPG Advisor Network.   

When are the application deadlines?
The deadline for the 2008 scholarship has passed.  Applications for the 2009 scholarship will be available around January 2009.

How many scholarships do you award?
We have awarded 1-2 scholarships each year since inception.  Going forward, we plan to offer additional scholarships and increase the award amount. The actual increase will depend upon the contributions raised each year.

How much of the contributions are paid out as scholarships?
Unlike many non-profit organizations that pay their employees, The Young Professionals’ Group is run by individuals who donate their time, without any monetary compensation.  Thus far, 100% of all external contributions have been paid out in the form of scholarships.  All expenses related to our website, state licensing, IRS fees, etc. have been paid for by our co-founders.

Contributor-Related Questions

How can I contribute to your cause?
There are many ways to contribute to our cause.  The two main ways are by becoming an advisor and making a monetary contribution.  You can only contribute some of your time, skills and suggestions to making The Young Professionals’ Group a more meaningful organization.

What is the commitment required of advisors?
The time commitment will vary depending on the recipients and their desire to seek out information. As such, we are seeking out individuals who are willing to dedicate some time to helping high school graduates as they progress throughout their education and their careers.

Can I write-off for my monetary contribution?
The Young Professionals’ Group is recognized by the IRS as a 501c3 corporation, or a non-profit organization.  As such, anyone who makes a monetary contribution to our organization will be issued a receipt, which can be used to deduct his or her contribution as an income tax deduction.  For specifics, please contact your tax advisor.

Where is The Young Professionals' Group Headquartered?
The Young Professionals’ Group is currently based out of Hackensack, New Jersey.

If I can’t make a monetary contribution or time contribution, is there any other way I can help?
Yes.  A key to our future success depends on public awareness of our organization and our effort.  If you know someone who might be interested in contributing to our cause or who could benefit from our scholarship, please refer them to our website.