Who is behind the Future Fund?
Who works at your organization?
The people who work at the Future Fund are described here.
Has the Future Fund started already? Are there donations already?
We are still establishing the Future Fund. Donations are not possible yet via the website. However, a few private donors (ourselves and friends and family) have already made donations to the Future Fund to get it started. The first of these donations were made in March 2020. The first stocks for the Future Fund were purchased using these donations on 27 March 2020.
Who pays for your management costs?
We are a nonprofit, so we don’t have to make a profit. To keep this platform running, we use 10% of the interest on the donations. For example, with an interest rate of 9%, 0.9% goes to the Future Fund. With an interest of 2%: 0.2%. Our contribution is intentionally a percentage of the interest on donations, and not of the donations themselves. This way we only get money when the charities get money.
What happens if the Future Fund ceases to exist?
We will say this first: it is the specific intention of the Future Fund to always exist, so that charities will continue to be able to benefit from your donations far into the future.
That said, if we ever do have to cease operations (for whatever reason), your donation will be converted from an investment into money and the money will be transferred to the charity for which the investment was made.