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Future Fund

Welcome to The Future Fund!

 
 
 
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What is the Charlottesville Future Fund?

Launched in 2009, the Future Fund is a giving circle for people in their 20s, 30s, and 40s that offers an affordable way to leverage a charitable contribution with that of other young professionals to support Charlottesville nonprofits. The Future Fund is an accessible way to engage in philanthropy, learn about the community and meet new people. 
 
Future Fund members enjoy social networking events, organized volunteer opportunities, education about the community's needs, and the ability to award a grant to an organization of the group's choice. 
 
The Future Fund unites emerging philanthropists to make a collective impact on our community and is part of CACF’s commitment to engaging the next generation in philanthropy. 
 

Future Fund Year Three Awards Ceremony

 

Since 2009, the Future Fund has given away $225,000 and engaged over 400 young professionals in philanthropy.

 

In year four, 140 members pooled their member dues along with the proceeds of the Dine Local. Give Local fundraising dinner at the Clifton Inn to provide $55,000 in grants to nonprofits in the community. The members discussed the needs of the area and selected the theme of education. After reviewing proposals, they awarded Jefferson Area CHiP $40,000 to support a home visiting program that works with parents to prepare their children for kindergarten; and Club Yancey with $15,000 to support its after school program at B.F. Yancey Elementary School in rural southern Albemarle County. Year Four culminated in Live Local. Give Local awards ceremony at the Jefferson Theater.

In year three, 180 members pooled $52,700 and chose a grantmaking theme of healthcare. In March of 2012 the fund organized a fundraising dinner at Clifton Inn called Dine Local. Give Local and raised an additional $13,500. With the added support, the Future Fund was able to grant a total of $66,200. After many months of work from the dedicated Grants Committee, the full membership voted to provide a $43,200 grant to The Women’s Initiative and a $23,000 grant to the Charlottesville Free Clinic.
 
In its second year, the Future Fund membership grew to 188 members, who chose children and youth as a grantmaking theme and awarded a total of $75,000 in grants to the City Schoolyard Garden at Buford Middle School and the Sexual Assault Resource Agency (SARA).
 
In the inaugural year, 96 members pooled $30,000 and chose a grantmaking theme of education. After a review process by the Grants Committee and presentations by the nonprofit finalists, the full membership voted to provide Charlottesville High School with a grant to support the Charlottesville High School WALK Program.

Want to see more? Check out these pictures!

 

How does it work?


Membership for the Future Fund opens in the summer and closes in September of  each year. Members vote on a grantmaking and theme and service area for the year and award a grant, created through their membership dues, to an organization of the group's choice at the end of the year. Throughout the year, members have the opportunity to engage with each other at social networking events, workshops, and volunteer opportunities.
 
Tell me more about:
Committees
Each year, members volunteer to serve on or lead a number of committees. Click here to learn about the committee and volunteer opportunities.
 
The grantmaking process
The Grants Committee drafts an RFP, reviews proposals, and presents a limited number of finalists to the full membership for voting. No proposal will receive funding without a democratic vote from the membership. One large grant or several small grants will be awarded in May of each year.
 
Interested in applying for a Future Fund grant?
The RFP is released in November of each year and proposals are due in December. Click here to learn more.
 

Why join the Charlottesville Future Fund?

Participating in the Future Fund will allow you to engage in philanthropy with your peers. You will share what you know, and you will learn about the issues facing Charlottesville and the nonprofits that work to improve our community. 
 
Who is eligible to join?
Anyone age 20 to 49 in the Charlottesville area. 
 
When can I join?
Membership opens in the summer and closes in the fall each year. Watch this page and our Facebook page for upcoming recruitment events.
 
What are the membership dues?
  • Age 20-29 $200 membership fee + $25.00 operating fee/person  
  • Age 30-39 $300 membership fee + $25.00 operating fee/person  
  • Age 40-49 $400 membership fee + $25.00 operating fee/person
Where do the membership dues go?
Of the membership dues collected each year, 99% will be granted out to nonprofit organizations in the Charlottesville area annually by the Future Fund membership. Consistent with other CACF funds, there will be a 1% administrative fee on the pooled dues to partially offset the cost for CACF to operate the fund.

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