Sands Announces New Sands Cares Accelerator Graduate
LAS VEGAS, March 24, 2022 /3BL Media/ – In a virtual global celebration held last evening, Las Vegas Sands (NYSE: LVS) honored Nevada Partnership for Homeless Youth (NPHY) as the second graduate of the Sands Cares Accelerator, an exclusive three-year nonprofit membership program designed to help fast-track rising organizations on the tipping point of making a leap in community impact.
NPHY joined the Sands Cares Accelerator in 2018 to focus on building the organization’s strategic vision for the next stage in its evolution as the most comprehensive service provider for the thousands of young people experiencing homelessness in Southern Nevada.
Through the invitation-only Sands Cares Accelerator, Sands creates longer-term relationships with select nonprofits via extended funding, structured guidance and customized support rarely found with typical corporate-nonprofit engagements. Inspired by the entrepreneurial and philanthropic spirit of Sands’ founder Sheldon G. Adelson, the Sands Cares Accelerator carries on his legacy of building successful businesses and making impact on communities through dedicated engagement. During the three-year membership, nonprofits focus on building their capacity in a strategic area or enhancing a program offering to better serve the community.
“The Sands Cares Accelerator helped us create space beyond our day-to-day services and programming to look at strategic opportunities for how we can build lasting solutions to address youth homelessness in Southern Nevada,” said Arash Ghafoori, CEO of NPHY. “With the consulting support, guidance and funding resources provided through the Sands Cares Accelerator, we were able to complete our goal of developing a comprehensive and long-term strategic plan to chart our course for the future. Our time in the program provided an incredible growth opportunity for NPHY.”
Sands and NPHY began working together in 2014, and the company has supported a variety of NPHY programs to provide resources to youth in crisis, help clients create pathways to independence and address long-term solutions for youth homelessness, which has included co-founding the Movement to End Youth Homelessness and the Southern Nevada Youth Homelessness Summit. NPHY’s entry into the Sands Cares Accelerator was a natural fit, as Sands recognized the nonprofit’s desire and potential to evolve its offerings to address youth homelessness, evidenced by its leadership in developing the Southern Nevada Plan to End Youth Homelessness, the region’s first comprehensive plan to address the issue.
“NPHY’s journey through the Sands Cares Accelerator is a good example of how we’ve evolved the program over its brief five-year history, as we gained experience, better understood our members’ needs and found new ways to help them succeed,” said Ron Reese, senior vice president of global communications and corporate affairs, who spearheads corporate responsibility for the company. “During their membership, we added a more structured approach for project management and goal-setting, which helped them work through the process for developing a strategic plan. Establishing a blueprint for their future is the type of lasting impact we aim to help nonprofits make.”
Sands celebrated NPHY’s graduation as part of a global virtual event highlighting the work of Sands Cares Accelerator members in the United States and Singapore and welcoming the program’s newest participant, Green Future, which has become the first member in Sands’ Macao region. Green Our Planet in Las Vegas and Art Outreach in Singapore are the program’s other current members. The Marty Hennessy Inspiring Children Foundation in Las Vegas was the program’s first graduate, completing its membership at the end of 2019.
About Sands (NYSE: LVS)
Sands is the world’s preeminent developer and operator of world-class Integrated Resorts that drive valuable business and leisure tourism and deliver significant economic benefits, sustained job creation, financial opportunities for local businesses and community investment to make our host regions ideal places to live, work and visit.
Sands’ portfolio of properties include the iconic Marina Bay Sands in Singapore and The Venetian Macao, The Plaza and Four Seasons Hotel Macao, The Londoner Macao, The Parisian Macao and Sands Macao in Macao SAR, China, through majority ownership in Sands China Ltd.
Sands is dedicated to being a model corporate citizen, anchored by the core tenets of serving people, planet and communities, and our corporate responsibility performance has led to recognition as one of Fortune’s World’s Most Admired Companies and inclusion on the Dow Jones Sustainability Indices for World and North America. To learn more, visit www.sands.com.