FUTURE FUND FAQS

What is the Future Fund?

Future Fund is a group of young professionals that are community-minded, forward-thinking leaders who have invested in the future of Greensboro and Guilford County through the Ann
Lineweaver Future Fund Endowment, currently valued at nearly $1.4 million.

Once you become a Funder you may attend networking events, social activities, but most importantly have a say in giving away almost $50,000 to local nonprofits impacting Guilford County. Starting in 2019, Future Fund is changing the way it gives out grants to local nonprofits. The grants process can now be described as part incubator part nonprofit part Shark Tank.
Ten nonprofits will be chosen from the applicant pool to become the Future Fund 10 (FF10).
They will receive four sessions of coaching from local community mentors. Those mentors will help each of the FF10 refine their three-minute pitch to prepare for their debut at Future Fund 10 LIVE. On April 16, 2019 the 10 nonprofits will present their pitch to over 300 community members at Triad Stage. The audience members will vote on the top prize and that winner will walk away with almost $20,000. Other prizes will be awarded based on community vote and judges vote. No matter what each FF10 member receives, they will all walk away with connections for donations, volunteers, board members, and greater visibility for their cause in the community.

What is the Future Fund’s mission?

Future Fund’s mission is to create connections, provide the next generation of philanthropic
leaders in the community and, most importantly, grow the endowment to be able to award as much money as possible to nonprofits making a positive impact in Guilford County.

How do I join?

To become a member, or a “Funder” as we like to say, you may join annually by donating
$150/year, or become a lifetime member for $1250 payable over five years. These
contributions go directly to the Future Fund Endowment.

Online! If you prefer to donate by check, contact Jodee Ruppel at jruppel@cfgg.org or (336) 379-9100.

How much is the membership fee?

Annual Memberships are $150 for individuals and $300 for couples. Current students can join for only $50. 

AFTER I join the Future Fund, what happens next?

Once you become a Funder you may attend networking events, social activities, but most importantly have a say in giving away almost $50,000 to local nonprofits impacting Guilford County.

Who decides what grants will be made?

Starting in 2019, Future Fund is changing the way it gives out grants to local nonprofits. The grants process can now be described as part incubator part nonprofit part Shark Tank.
Ten nonprofits will be chosen from the applicant pool to become the Future Fund 10 (FF10).
They will receive four sessions of coaching from local community mentors. Those mentors will help each of the FF10 refine their three-minute pitch to prepare for their debut at Future Fund 10 LIVE. On April 16, 2019 the 10 nonprofits will present their pitch to over 300 community members at Triad Stage. The audience members will vote on the top prize and that winner will walk away with almost $20,000. Other prizes will be awarded based on community vote and judges vote. No matter what each FF10 member receives, they will all walk away with connections for donations, volunteers, board members, and greater visibility for their cause in the community.

Where does my membership fee go?

The funds donated by members are deposited into a permanently endowed fund held at the Community Foundation called the Ann Lineweaver Future Fund Endowment. As this fund grows over time, the income from the invested funds will be used to make grants to the community. The principal and income are preserved, growing through appreciation each year.

How was the Future Fund started?

The Future Fund was started in 1999 by the Community Foundation of Greater Greensboro. Ann Lineweaver, then-chair of the CFGG Board of Directors, suggested the concept of the Future Fund as a way to educate a younger audience about philanthropy and engage young leaders. She approached Louise and Jim Brady, local young professional leaders, to chair the Future Fund, and they recruited 264 people to join them in their first year.

What is the Community Foundation of Greater Greensboro?

Founded in 1983, Community Foundation of Greater Greensboro is a charitable organization dedicated to strengthening the community for present and future generations. With over $200 million in charitable assets and more than 700 charitable funds under management, CFGG promotes philanthropy by addressing emerging community issues, managing permanent endowments, and working with individuals, families, corporations, private foundations, and nonprofit organizations in achieving their charitable objectives. The Future Fund is but one example of the Community Foundation’s impact in our community.

How big is the Ann Lineweaver Future Fund Endowment?

The endowment is valued at $1.4 million. We achieved our initial fundraising goal in 2009, celebrating ten years!

How is the Future Fund governed?

A Steering Committee of Future Fund members is the Future Fund’s “Board of Directors.” Each year, a Chair and Chair-Elect preside over this committee. The Steering Committee sets the goals, strategies, and tactics for the Future Fund. Because the Future Fund is an initiative of the Community Foundation of Greater Greensboro, it is ultimately governed by the Community Foundation’s Board of Directors.

Who manages the money raised?

The Community Foundation of Greater Greensboro manages the assets through its investment committee.

Who can I contact if I have more questions?

Please contact Jodee Ruppel at the Community Foundation by phone at (336) 379-9100 or via email at jruppel@cfgg.org.