Young Chances Foundation was created in 2012 in South Philadelphia  to provide urban children with the opportunity to have fun, strengthen family relationships, build positive leadership skills through peer-motivated activities, and access resources for general to higher education. Part of this mission is to produce safety, reduce teen violence, and alleviate neighborhood tensions within the community. YCF continues to expand its services to other essential resources that target reducing poverty in South Philadelphia and surrounding communities.
 
​To accomplish its mission, Young Chances Foundation has developed grassroots programs, activities, community events, Chat & Chews, food giveaways, PPE supplies, Book 4 Breakfast program with various public schools, public safety agencies, faith-based groups, and more. In 2019, YCF opened its own Community Engagement Center that is home to the community youth and residents to have access to year-round youth educational-recreational programs, community events for parents and seniors along with life skills information for the community. This was a vital resource to the neighbors and community members who were hardest hit during the pandemic and remains just as vital now for everyday challenges that affect each resident.

Young Chances has gained national attention for its work in the community, with its founder Tyrique Glasgow being named a finalist for the 2022 CNN Hero of the Year and making subsequent appearances on national television shows like the Kelly Clarkson Show.