Hispanic Philanthropy: FuturoFund to give out $50,000 to Central Texas nonprofits

14 07 2009

FuturoFund is looking to change the face of philanthropy & Latino Leadership in Central Texas.  In it’s inaugural year, they will be giving out $50,000 to two lucky nonprofits.  Now don’t think this is as easy as the next grant (not that they are); nonprofits must show how they serve the Latino community and how inclusive they are with their leadership (hint, hint – do you have a diverse board, leadership staff, etc.).  I think this is a great opportunity for nonprofits to showcase how connected they are with the Latino community and if not, how they’re willing to work to get there.      FUTUROFUND LOGO

Here are some additional details I received in the FuturoFund newsletter…

“The grant application and instructions are posted on the Austin Community Foundation website and applications are due by 5:00 pm on August 3rd.  In order to ensure we make the maximum impact with our funds, the Grants Committee determined that we will award a large grant of $40,000, and a smaller grant of $10,000 to organizations with an operating budget of less than $150,000.  More details on the grant requirements can be found here.

Congratulations to the FuturoFund members (including me!) y buena suerte to all the nonprofits.


FuturoFund – Cultivating Philanthropy & Leadership in the Hispanic Community

11 03 2009

The blog title says it all! When I met with John-Michael Cortez, co-founder of FuturoFund I was intrigued & then inspired! John-Michael & I share the same vision for all Hispanics – to cultivate leadership within the Hispanic community.  We do believe there are Hispanic leaders in the greater Austin area but I believe there is a leadership gap & we need more.  I believe the FuturoFund is a great vehicle for developing community & philanthropic leaders in Austin.  I’m on board with their vision and I want more Hispanics and non-Hispanics to engage with them & support them in their efforts.  Their hosting a reception on Thursday.  I’ll be there & hope you will too!RBB Latino Professionals

Futuro Fund Austin Reception

Date: Thursday, March 12, 2009

Time: 5:30pm – 7:00pm

Location: Antonio’s Tex Mex

Street: 7522 North IH35

RSVP Here or send an email to: futurofundaustin@gmail.com

About Futuro Fund

FuturoFund Austin is a collective effort to engage our community through philanthropy and leadership. FuturoFund members make equal contributions to a charitable fund held by the Austin Community Foundation. Members are engaged in a grant making process through which 100% of member contributions are granted to deserving organizations making an impact in the Hispanic community.

To give, click here.

Read about the FuturoFund in the Austin American-Statesman: With eye to the future, Austin Latinos supporting philanthropy by Juan Castillo.

Photo Credits: (L2R) John-Michael Cortez, Priscilla Guajardo Cortez,

Lonnie Limón, & Perla Cavazos. Photo by Ricardo B. Brazziell:

Austin American-Statesman