The Tomorrow Fund
A Fund of the Community Foundation of Middle Tennessee
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THE FUND

The Tomorrow Fund

The Tomorrow Fund logo, the oak tree seedling, represents its philosophy and mission perfectly. The metaphor often used to describe endowment funds within a Community Foundation is planting acorns. By setting aside money in an endowment fund and allowing it to grow, Tomorrow Fund members are ensuring that what now provides small yet meaningful grants in its seedling stage transforms over time into strong and vibrant support for the nonprofit community.

Annual fundraisers and contributions by members and donors augment the Fund within The Community Foundation of Middle Tennessee. Contributions remain in the Fund while a small portion (4-6%) of the Fund is distributed for grants to non-profits throughout Middle Tennessee. By leaving the vast majority of the Fund untouched, the endowment is able to grow and grow, eventually providing a significant stream of grant making revenue.

Charitable Grants

The Tomorrow Fund Grants Committee accepts and reviews grant applications every year through The Community Foundation of Middle Tennessee. The grant amount of money for distribution is based on an average quarterly balance of the Fund for the prior year times the current spending rate. Grant applications to The Community Foundation of Middle Tennessee are due August 1st of each year. To inquire about grant applications please visit (http://www.cfmt.org/grants/) or call Laundrea Lewis at 615-321-4939.

The Tomorrow Fund was formed in 1999 by several young professionals in the greater Nashville community to foster civic leadership and community awareness among their peers, ages 22-32. Through both hands-on charitable service and committee-based grant making, this organization provides a training ground for the future leaders of Middle Tennessee's philanthropic and outreach efforts.

Annual grants to date:

2000 – Project Reflect - $950
2001 – Fannie Day Battle - $1,620
2001 – American Red Cross - $2,627 (special 9/11 grant)
2002 – Preston Taylor Ministries - $1,690
2003 – Hands with Heart Foundation, Inc. - $1,700
2004 – Reading is Fundamental - $1,500
2005 – Save the Children - $3,600 (special Tsunami grant)
2005 – King's Daughters Day Home - $2,350
2006 – First Steps, Inc. - $3,000
2007 – Rejoice Ministries - $2,496
2008 - The Next Door - $4,900 - To provide children's services in the Freedom Recovery program

 


 

The Tomorrow Fund of The Community Foundation of Middle Tennessee

3833 Cleghorn Ave., Suite 400
Nashville, TN 37215
615.321.4939