Funding Amount

Varies (pooled giving model)

Deadline

Rolling / Open

Grant Type

foundation

Overview

Future Fund

Type: Giving Circle for community-minded individuals and couples

Description: The Future Fund is designed for community-minded people who want to impact Central Texas through collective giving. Members are referred to as "Up-and-Comers" and are believed to be the future of Central Texas—future business leaders, elected officials, and philanthropists.

Geographic Scope: Central Texas

Membership Structure:

  • Individual or couple contribution: $600

  • - $500 goes into the fund for distribution to charities at year-end
    - $100 goes to the foundation for administrative purposes
  • Meeting frequency: Quarterly
  • How It Works:

  • Members meet quarterly to learn about funding opportunities aligned with the Future Fund mission

  • Members collectively determine where to invest pooled resources

  • Focus areas: eliminating barriers to education and providing support for children and families
  • Philosophy: When donors give together, they can make a greater difference than giving alone. It's an effective introduction to the power and personal reward of philanthropy and helps educate donors on issues affecting their community's future.

    Recent Grant History:

  • 2025: $4,750 to Penfold Theatre; $8,125 to Georgetown Backpack Buddies; $8,125 to Isaiah 117 House; $11,500 to Yesterday's Gone

  • 2024: $22,500 to The Sandbox at Madeline's Place; $30,000 to Catalyst Collective; $45,000 to Backpack Friends; $52,500 to Foster Angels of Central Texas

  • 2023: $13,000 to Learning Bridge; $13,000 to Dog Alliance; $17,000 to Sam's Adventure Camp; $20,000 to Jail to Jobs

  • 2022: $8,000 to Seton Williamson Foundation; $14,500 to Ladders for Leaders; $14,500 to Simple Sparrow Farm; $16,000 to Wonders and Worries
  • What Central Texas Community Foundation actually gave

    Source: IRS Form 990, 2024

    Grants in 2024
    65
    Total given
    $3.07M
    Median grant
    $20K
    Range
    $5,600–$1.01M
    • By dollars: Texas 96%, Illinois 2%, Ohio <1%. Top recipient cities: Austin, TX; Round Rock, TX; Georgetown, TX.
    • 100% of grants with a stated purpose were for general or operating support.
    • 45% of recipients were new grantees, not repeat recipients.

    Example grants

    • Hope Alliance · Round Rock, TX

      General organizational support

      $1.01M

    • The Assoc of Former Students of Tamu · College Station, TX

      General organizational support

      $300K

    • Dell Children's Medical Center Foundation · Austin, TX

      General organizational support

      $125K

    • Seton Williamson Foundation · Round Rock, TX

      General organizational support

      $100K

    • Texas One Fund Inc · Austin, TX

      General organizational support

      $100K

    IRS Form 990, 2024. Amounts as reported by the funder. Full 990 history →

    Focus Areas & Funding Uses

    Fields of Work

    nonprofitsyouth-programseducationfamily-services

    Categories

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