WCoMC is a modern Livery Company which was founded in 1992 and incorporated by Royal Charter. It forms part of the governance of the City of London which stretches back to the Middle Ages. WCoMC is a membership body of experienced management consultants working together to make a difference, through philanthropy, education and fellowship, bringing about ‘Change through Wisdom’.
Since 2010, Youth Business International has greatly benefitted from the generous pro-bono support of WCoMC consultants around our cornerstone accreditation programme. A select pool of trained assessors volunteer their time to visit our YBI members and conduct accreditation assessments and subsequently present their findings in a report to the YBI Accreditation Committee; a sub-committee of the YBI Board of Trustees which includes other professionals with legal and financial expertise.
Between 2016 and 2017, pro-bono support from WCoMC was valued at stg £300,000 and helped us to achieve:
The professionalism and expertise of WCoMC assessors brings significant value to the accreditation reviews, whilst their recommendations and insights are valued by our members.
For the WCoMC, the partnership is mutually beneficial, as assessment visits provide exposure to some inspirational organisations and young people, and have enabled assessors to provide support to not-for-profit organisations across the world in locations that they might not have otherwise visited.
YBI additionally benefitted in 2018 from a grant from the WCoMC’s charitable foundation, which has been a valuable contribution towards the costs of the YBI accreditation programme.