The Charlottesville Area Community Foundation, which helps fund dozens of nonprofit agencies and programs throughout the area, has created a different organization designed to appeal to young Central Virginia donors.

The fund targets Central Virginians in their 20s, 30s and 40s and gives them a different way to invest in their community at the same time they network with peers.

The whole concept is that [members] get to meet each other, network, learn about different organizations in the community and leverage their contributions by pooling together and giving back, explained Holly Hatcher, of the community foundation.

The community foundation already gave the future fund its first run at a kickoff membership event and fundraiser on June 16 at The Local.

Administered by the community foundation, the fund would return 99 percent of contributions back to the community with only 1 percent used to cover administrative costs.

This entry was posted on Monday, July 27th, 2009 at 2:05 am and is filed under Civic Engagement, Community Foundations, Philanthropy. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.