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.
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.