LITTLE ROCK, Ark. (KTHV) -- The Hot Springs Future Fund is a fresh and exciting approach to giving. It's mission is to provide today's young leaders with tools to impact their community.
Fund chair Jared Zeiser joined us with details on an upcoming event.
The HSFF started in 2010 by the Hot Springs Area Community Foundation and inspired by the Future Fund of Greensboro, NC with the mission to provide today's young visionaries and leaders with a means to impact their community through the giving of their pooled resources, talents and convictions. The concept of the Future Fund is to educate, engage, and inspire young leaders about philanthropy (giving).
The membership investments are annual and are tiered based on ages: Ages 20-29, $60 (single) or $100 (couple), Ages 30-39, $100 (single) or $150 (couple), Ages 40-49, $125 (single) or $200 (couple), Ages 50-55, $150 (single) or $250 (couple). Contributions are fully tax deductible. Professional managers hired by the Arkansas Community Foundation manage the money
Membership decides where grants are funded each year. The focus this year is for charities covering Education, Health, Arts, and Children/Youth. Nonprofit organizations in Hot Springs are eligible to apply for the Future Fund Grants. Past grant recipients include:
? Ouachita Children's Center
? Garland County CASA
? Samaritan Ministries
? NPCC Foundation
? Safe Haven
? Charitable Christian Medical Clinic
? Levi Hospital
? Human Society
? Garven Woodland Gardens
Current status of the HSFF: 200 Members, $25,000 Funded for Local Grants pending the '13 grant cycle, $100k given to the HSFF to date and over $50,000 endowed.
The HSFF Annual Membership meeting is coming up in Hot Springs on Saturday, May 4th at the Hot Springs Convention Center at 6 PM. The event, "A Look into the Future", is open to the public (all ages) to learn more about the HSFF and to hear featured speaker Mr. Chad Hymas, www.chadhymas.com, who the Wall Street Journal described as one of the 10 most inspirational speakers in the world. We are asking those who are interested in attending to visit our website at HSFUTUREFUND.COM OR OUR PAGE ON FACEBOOK to learn more and to find instructions on how to RSVP to the event.