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					“BANG for the BUCK - Buck to the Future!”
 
                    
 The
                      idea of investing money for a hundred years still sparks
                      the philanthropic imagination today. Although Benjamin Franklin
                      wasn’t the inspiration for The Tricentennial Fund
                      of Nashville, Tennessee, the idea that spawned the fund
                      echoes Franklin’s thinking. 
                         “I’m embarrassed to say I
                      wasn’t aware of Franklin’s will when we established
                      The Tricentennial Fund,” said Ellen Lehman, executive
                      director of The Community Foundation of Middle Tennessee
                      (CFMT). The CFMT houses dozens of special interest funds,
                      each earmarked for specific nonprofits or fields of interest.
                      The Tricentennial Fund differs from all other funds in one
                      respect: the principal will remain untouched for a hundred
                      years. Begun in 1996 as Tennessee celebrated the 200th anniversary
                      of its founding, the Tricentennial Fund will continue to
                      appreciate until 2096. 
                         The solicitation campaign helped contributors
                      get an idea of how a small contribution today becomes a
                      major gift in a hundred years. For example, a gift of $22
                      today might be expected to be worth $303,173.47 in a hundred
                      years. To make a $30 million contribution to the future,
                      a donor needed to contribute only $2222.22 (all those twos
                      honored the bicentennial!). Even with conservative rates
                      of return, hundreds of millions of dollars will be allocated
                      by and for future generations. 
                         Lehman says The Tricentennial Fund is
                      just a long-term version of what the Community Foundation
                      does. “It’s the community’s savings account,
                      where people put money aside to meet the needs of the community.
                      Take a look at your community, and see if you can imagine
                      what the needs will be a hundred years from now,”
                      Lehman says. “There is one thing you can say for sure:
                      that the people who live in the community are going to be
                      best equipped to say what that community needs.” 
                         Community foundations offer a variety
                      of options for donors to help meet community needs today
                      and as far into the future as you can imagine. Visit: 
www.fdncenter.org/funders/ grantmaker/gws_comm/comm.html
 
  
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