By Todd Cohen
GREENSBORO, N.C. — The Long Family Foundation and the Joseph M. Bryan Foundation, both in Greensboro, together are donating $100,000 to underwrite a sponsorship of the Chrysler Classic of Greensboro golf tournament.
The donations were made in the name of the Future Fund, an initiative of the Community Foundation of Greater Greensboro that raises money to support a new generation of philanthropic leaders.
Thanks to the two gifts, the Future Fund will sponsor the pairings party and past-champions’ dinner for the tournament, which will be held Oct. 13-20 at Forest Oaks Country Club to benefit the Greensboro Jaycees.
The tournament, which last year raised $228,000 for Triad charities, this year aims to raise $400,000, says Judy Revels, the tournament’s general chair.
The Greensboro Jaycees Charitable Foundation will use those funds to make grants to local charities, she says.
Formed in 1999, the Future Fund raises money through membership fees it then matches with donations from individuals and foundations.
Fees cost $125 per member and are put into an endowment, which now totals more than $100,000.
Matching funds are used to make grants to nonprofits involved in work related to priorities the Future Fund sets each year.
The fund, which makes grants totaling roughly $35,000 a year on average, this year is focusing on attracting and retaining young professionals to Greensboro and Guilford County.
David M. Ball, owner of Venable Sales Inc., a broker that represents manufacturers of health-care products, chairs the Future Fund.