Called v, it has the task of creating one million new young volunteers by 2010 and starts its work by making 5m available to organisations to create new volunteering opportunities.
Monday's launch marked the transition of responsibility for managing the youth volunteering framework from the Government to an independent charity. The charity will be run by a 12-strong board of trustees, chaired by soon-to-depart Capita chairman Rod Aldridge. The charity will have its own premises within two months.
Terry Ryall, the charity's chief executive, said: "We're keen not to do what other people are doing already, but to fill the gaps. We're targeting all sectors that work with young people."
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