FUTURO, Inc. General Information Contact Information Nonprofit FUTURO, Inc. Address 301 S Perimeter Park Drive Suite 100 Nashville, TN 37211 4128 Phone (615) 467-3026 Web Site Web Site Facebook Facebook Twitter Twitter Email connect@futuroleaders.org At A Glance Year of Incorporation 2015 1
Mission & Impact Statements Mission FUTURO Inc is an inclusive, professional community for college students and aspirants that helps uncover hidden rules of success, creates opportunities for career growth and civic engagement, and develops tomorrow's leaders. We are student and alumni led. Futuro is for all but based on the Latino values of familia and service. Background In 2009, US Census data revealed that 53% of Tennessee s Latino community were US born with an average age of 11. At the same time, educational achievement lagged behind other communities with just 12.3% of Latinos holding a four-year degree or higher. With the expeditious growth of Latino population, the need to develop pathways and support for Latino students became recognized as an urgent need by Middle Tennessee non-profits, corporations and educators. Critical to the formation of FUTURO Inc. college program was also the success of programs like the YMCA Latino Achievers who helped create a pipeline of Latino students ready for higher education. In 2010, the discussion about needs of Latino students transitioned into an action plan, and the FUTURO Professional Development Association for Latino college students was in formation. The founding partners intent was to support first-generation Latino college students and help prepare and connect them to career opportunities. With seed money from State Farm, community consultant Ann Gillespie facilitated discussions with college leaders to outline level of interest, need and feasibility. Student leaders, college advisors and community leaders were invited to an exploratory meeting and the idea for a college student organization was proposed to a very enthusiastic response. The first student organizational meeting was scheduled in May of 2011 at MTSU s campus. Student leaders from Lipscomb, Trevecca, TSU, Nashville State, TN Tech and MTSU gathered together for a full-day strategic planning session. The level of commitment, passion and dedication from the students attending that day was incredibly high and it became quickly evident that student leaders were the organization s biggest and best asset. Student leadership is still the central component to the success of the organization. The next challenge was to create an organizational structure and FUTURO found a home with the TN Latin American Chamber of Commerce (TLACC), a 501(c)(6) organization with the intention of the program launching its own 501(c)(3) within 3-5 years. FUTURO incorporated in April 2015 with the help of the TLACC. Today, many of Nashville s best and brightest young Latino professionals participated in the FUTURO program. The focus areas of the FUTURO program are community service, leadership development, professional network development and experience with mentors and internships. Impact Past Year: 1. Futuro expanded to 8 universities plus add Aspire for non-traditional students and college aspirants: MTSU, TSU, Trevecca, Lipscomb, Cumberland, Fisk, Belmont, WKU and Aspire reaching over 1000 students and attracting 200 student members. 2. Sixty-five(65) students achieved the Futuro Select 100 challenge. Futuro Select 100 is a points incentive program to encourage students to complete activities essential to developing a strong start to their career path development. 3.Our team of student marketing interns created a rebrand and recruiting kit for Futuro. 4.Reorganized board committees to better align to our strategic goals. Current Year: 1. Launch of the Fast Track program helping students manage the transition from college to career including mentorship and workshops on writing a career search plan, financial literacy workshop, how to navigate job offers / apply to graduate school / start a business. 2. Established a Community Leadership and Engagement committee to identify opportunities for meaningful community service projects, engagement with arts organizations and to develop advocacy skills. 3. Established an internship program to provide opportunities for our students to build their resumes while helping to build the Futuro organization. 2
Needs The top needs related to the organization are relevant to the start-up phase of the organization. 1. Improve student data tracking to measure milestones and outcomes and to increase responsiveness to student needs. 2. Augment training and support for the college student leaders who organize and manage all chapter activities and ensuring that all chapters have the support of the host university, student activities director and advisor(s). Student leaders are the pinnacle of the FUTURO program. 3.Grow funding sources and increase budget from $35,000 to $65,000. 4.Establish solid volunteer management practices and enlist the full power of our volunteers and supporters. 5. Effectively tell the story of our students as they graduate, establish careers and grow as leaders in Tennessee. Other ways to donate, support, or volunteer Volunteers needed: guest speakers on professional development, leadership conference volunteers, career track mentors Support: Appreciate in-kind donations of meeting space for board, photo copies or printing Donate: Please use link provided or select Futuro Inc on Amazon Smile Service Categories Primary Organization Category Education / Higher Education Secondary Organization Category Education / Alliances & Advocacy Tertiary Organization Category Civil Rights, Social Action, Advocacy / Professional Societies & Associations Areas of Service Areas Served TN - Davidson TN - Bedford TN - Cannon TN - Cheatham TN - Clay TN - Coffee TN - Cumberland TN - Davidson TN - Dekalb TN - Dickson TN - Fentress TN - Franklin TN - Giles TN - Hickman TN - Houston TN - Humphreys TN - Jackson TN - Lawrence TN - Lewis 3
TN - Lincoln TN - Macon TN - Marshall TN - Maury TN - Montgomery TN - Moore TN - Overton TN - Perry TN - Pickett TN - Putnam TN - Robertson TN - Rutherford TN - Smith TN - Stewart TN - Sumner TN - Trousdale TN - Van Buren TN - Warren TN - Wayne TN - White TN - Williamson TN - Wilson KY TN Board Chair Statement It s been almost 10 years ago since I adopted my son and daughter from Colombia. They were 9 and 10 years old then and spoke no English. Once in the Tennessee, they attended an elementary school that had classes for English Language Learners (ELL). It was an eye opening experience for me. Each day I would see parents walking their children to school. It was a pride filled journey that they made each day. Their children were living in the United States. Their children were going to school. Their children were going to have opportunities that were beyond the grasps of these parents. These parents had come to the U.S., perhaps under difficult circumstances, and were committed to obtaining the best education for their children. I know how hard it was for me to navigate the processes to get a child enrolled in school and in a school that provided a focus for ELL students. I can t imagine doing that as a parent if I didn t read or speak English. I have such admiration for the families that I met then. They represent the American Dream to me. I m not suggesting that all of our FUTURO students share that same ELL background. But, many of our FUTURO students are the first in their family to go to college. They do not have the mentoring at home from someone who has been there, done it. That is where FUTURO steps in. FUTURO students are talented, committed and focused. They just need the guidance and mentoring that many of us take for granted. They need a helping hand, not a hand-out, to take that next step on the path to the American Dream. -Diane Easter, FUTURO Past Board Co-Chair Deloitte 4
CEO Statement In his book, The Greatest Generation, Tom Brokaw recounted the incredible contributions of the generation that fought in World War II and came home to create communities and businesses that became the backbone of the United States. The greatest generation were born after the largest immigration boom that the US had known up to that time. The opportunity to work with the students of the FUTURO program has shown me that we have another golden generation in the making. FUTURO students, who are largely bicultural and bicultural, have tremendous perspective, awareness, respect and appreciation for the opportunities that their parents and the US have provided to them. They seek to make a positive impact in their communities, become global professionals, and to address the numerous disparities that exist in our communities, whether in healthcare, education, civic leadership or social justice. These students know they are paving the way for students who come behind them. Intentional leadership development and lifting their voices is what the FUTURO program is all about. While FUTURO students have tremendous promise, there are serious challenges for FUTURO students. Some have simple questions, like understanding a syllabus. Others struggle to feel at home or welcome on campus. First, these students have already beaten the odds by making it onto a college campus, but only 15% of FUTURO students have parents who graduated from college. Often, their parents cannot provide the informal network and mentoring needed to withstand the challenge of succeeding in college. FUTURO creates a home for students on campus, or familia, and through our partnership with the Tennessee Latin American Chamber of Commerce and other partners, we offer a professional network. Second, there are many hidden rules to success on campus and in career development. Eighty percent (80%) of FUTURO students report having 9 or fewer people in their professional network. Seventy percent (70%) have never had an internship. Students greatest reported needs are help finding internships, gaining job shadow experience, and being connected with a mentor from their desired industry or field of work. FUTURO exists to bridge the gaps and help students uncover hidden rules on the journey from college to career. FUTURO is about encouraging and enabling the next greatest generation to come to fruition. -Ann Gillespie, Executive Director FUTURO Inc. 5
Programs Programs FUTURO Career Fast Track Description Fast Track helps students manage the transition from college to career. The program builds on the FUTURO Select 100 program is designed to be student led rather than prescriptive. Participating students take part in a career development workshop, are paired with industry-specific mentors and are given support during their internship and/or job search. Additional workshops develop skills such as financial literacy and understanding work-related benefits. This program is designed for a student within 4 semesters of graduation from a four-year college. Budget 2910 Category Population Served Short Term Success Employment, General/Other Employment, General/Other Hispanic, Latino Heritage, Minorities, Adults The program targets engagement from 25 students who are close to graduation or have served as student leaders. Those who participate and complete the program, or earn a minimum of 100 points, 85% will have monthly mentoring sessions in the fall and spring semesters to help with coaching around the job acquisition process, graduate school applications, or development of a business plan 60% will attend three core workshops on career plan development, financial literacy, and navigating job offers 50% will achieve three personal career goals 50% of those seeking employment will find a position in their desired field within six months of graduation Long term Success Much like college readiness programs focus on college access and enrollment, the Career Fast Track program assists students as they are about to transition from college to their career field of choice. The end goal is that within three months of graduation, students are employed at a job that aligns to their ultimate career goal or are enrolled in a graduate program of study towards the same end. Alternately, if a student is interested in entrepreneurship, upon graduation the student would have a business plan. What the program ultimately wants students to avoid is lacking the confidence to rely on their newly established professional networks to find the first step to their dream job, or alternately, to take a job offered where the student is underemployed or where there is no growth potential. Program Success Monitored By Student monthly reports to Executive Director, Executive Director oversight of activities Examples of Program Success Past success have led to students being accepted to the Vanderbilt Nurse Residency Program and being offered coveted accounting opportunities by leading firms. 6
FUTURO Select 100 Description The FUTURO Select 100 is a points tracking program for the professional development of all members across each of the six chapters. Points are assigned to high value activities essential to beginning career development such as attending professional development workshops such as resume writing, creating a LinkedIN profile, community service or attending professional networking events. A secondary function is to provide guidelines to the student leaders of each chapter on their programming and tracking member engagement. The FUTURO Select 100 is designed with a first or second year student in mind but is relevant to any student considering his or her career development. This program is prescriptive helping students understand the recommendations of recruiters and career professionals. It also serves as a rewards system. Students meeting the 100 points requirement are given certificate and are recognized publicly. Students completing the FUTURO Select 100 are given priority for internship support, mentor matching and entry into the Navigating Career Paths program. Budget 8390 Category Population Served Employment, General/Other Employment, General/Other Hispanic, Latino Heritage, Minorities, Adults Short Term Success FUTURO Select 100 prepares students for the next level of programming, Navigating Career Paths. The program is in its first year. Established goal is 100 students will participate in the FUTURO Select 100 program in 2015-2016 school year. 25% of those students will reach the 100 points level in one semester and 75% of the total participants will reach the 100 points level by the end of the second semester. Those who complete the program, or earn a minimum of 100 points, 85% will have attended at least two professional development workshops and the FUTURO Fall or Spring Conference and/or a professional networking event 85% will have a LinkedIN profile developed and of those, 50% will increase professional contacts by 25; 25% will have at least one professional recommendation 50% of students will report at least three hours of community service to the YMCA Latino Achievers program 25% of the 100 students will enroll in the Career Navigation program Long term Success Much like college readiness programs focus on college access and enrollment, the FUTURO Select 100 program is the first step for students in the professional readiness geared to help students gain employment in their career field of choice. The end goal is that within three months of graduation, students are employed at a job that aligns to their ultimate career goal or are enrolled in a graduate program of study towards the same end. Alternately, if a student is interested in entrepreneurship, upon graduation the student would have a business plan. What the program ultimately wants students to avoid is lacking the confidence to rely on their newly established professional networks to find the first step to their dream job, or alternately, to take a job offered where the student is underemployed or where there is no growth potential. Program Success Monitored By Student chapter leaders via points tracking spreadsheet via Google Apps, with secondary review by advisors, executive director and board of directors 7
Examples of Program Success Last year our top Futuro Select 100 points earners won all-expenses paid trips to national conferences of UnidosUS, a community advocacy network, and ALFPA, a Latino professional organization. 65 students achieved FS100 status. The chapter with the highest points per student average was Trevecca University. FUTURO Fall and Spring Conference Series Description This FUTURO Fall and Spring Conference Series brings together all FUTURO members and interested students together with professional volunteers and mentors for a day of development, networking and inspiration. Budget 5000 Category Population Served Short Term Success Long term Success Program Success Monitored By Employment, General/Other Employment, General/Other Hispanic, Latino Heritage, Minorities, Adults 85 students attend each conference or 85% of FUTURO members attend the conference series. 90% of participants report that they gained knowledge and skill about career development. 90% of participants report building connections with professional mentors and volunteers. 90% of participants report that topics and discussion were relevant to their desired career field. 50% of participants report that they will apply for an internship or opportunity with one of the corporate or strategic partners Much like college readiness programs focus on college access and enrollment, the Navigating Career Paths program assists students as they are about to transition from college to their career field of choice. The end goal is that within three months of graduation, students are employed at a job that aligns to their ultimate career goal or are enrolled in a graduate program of study towards the same end. Alternately, if a student is interested in entrepreneurship, upon graduation the student would have a business plan. Executive director oversees with controlling documentation: registration and sign-in sheet, attendee survey. Examples of Program Success Students often report learning about and applying for internships directly with partners like HCA, State Farm and Nissan. Students also report learning about opportunities indirectly from professional connections built at the conference including two students who became Google Ambassadors (Lipscomb, MTSU) on their respective campuses as a result of a connection with a FUTURO conference keynote speaker. 8
FUTURO Chapter Leaders Development Description This program is foundational to the success of well-organized and highly functioning student chapters. Chapter leaders are trained in functional areas such as developing action plans including recruiting, budgeting, planning programs and workshops, membership engagement and campus engagement. Leaders are also given a sample of professional development workshops. Critical leadership skills such as developing others, conflict management, and effective communication are ongoing development topics. Budget 7780 Category Population Served Education, General/Other Guidance & Counseling Hispanic, Latino Heritage, General/Unspecified, Minorities Short Term Success 100% of participating FUTURO chapters established have successful leadership succession each year. 100% of participating FUTURO chapters have at least 3 leadership members participate in fall leadership training, mid-year training, and end of year reflection. 85% of FUTURO leaders report feeling prepared and competent to serve in a leadership role and conduct their duties. Long term Success The end goal is to support participating universities in the areas of student retention and completion to ultimately impact the state s educational attainment goals. The program end goal is a sustainable network of active and engaged FUTURO chapters. Chapter leaders serve FUTURO members and their success indicates membership size, membership satisfaction and retention. Program Success Monitored By Examples of Program Success Executive director oversees with controlling documentation: chapter leadership roster, attendance and sign-in sheets at leadership training meetings and leadership surveys. Last year, in efforts to operationalize the institutional knowledge of our students, we created the Futuro Leadership Handbook upon which the leader training is delivered. ASPIRE Description As many as 25% of our members have had to take a semester off or delay the start of college due to financial hardships. Being outside of the university network makes it more difficult to stay on track for degree completion. We created the Aspire chapter to address the needs of our non-traditional students, students experiencing hardship, those working on degree completion, and those who are aspirants but have yet to enroll. Budget 1500 Category Population Served Education, General/Other Guidance & Counseling Hispanic, Latino Heritage, General/Unspecified, Minorities 9
Governance Board Chair Board Chair Santiago Garcia Company Affiliation Caterpillar Financial Term May 2015 to Dec 2018 Email sgarciajimeno@gmail.com Board Members Name Affiliation Status Alyssa Aloyo Lipscomb University Voting Colin Fergusson Kathleen Fuchs Vanderbilt Owen School of Management Voting Voting Santiago Garcia Caterpillar Inc. Voting Ann Gillespie Prolingua Voting Marcela Gomez TLACC Voting Jennifer Novo Cumberland University Voting Araceli Vazquez Voting Latreace Wells Fisk University Voting Robert Lawrence Wilson Voting Mayra Zimmer Metro Nashville Public Schools Voting Board Demographics - Ethnicity African American/Black 2 Asian American/Pacific Islander 0 Caucasian 3 Hispanic/Latino 6 Native American/American Indian 0 Other 0 Board Demographics - Gender Male 3 Female 8 Unspecified 0 Governance Board Term Lengths 3 Board Term Limits 2 Board Meeting Attendance % 83% 10
Written Board Selection Criteria? Written Conflict of Interest Policy? Under Development Under Development Percentage Making Monetary Contributions 10% Percentage Making In-Kind Contributions 90% Constituency Includes Client Representation Yes Number of Full Board Meetings Annually 4 Board CoChair Board CoChair Andrea Johnson Company Affiliation Caterpillar Inc Term Mar 2015 to Dec 2017 Email afrobleto@gmail.com Youth Board Members Additional Boards: Youth Board Members Name Affiliation Standing Committees Executive Risk Management Provisions Directors and Officers Policy 11
Management Executive Director/CEO Executive Director Ms. Ann Gillespie Term Start May 2015 Email gillespie.gower@gmail.com Experience Professional Summary Innovative multicultural consultant, trainer and entrepreneur with fifteen years of experience helping organizations to position themselves to better serve and employ people from diverse communities. Solid record of successfully managing start-up projects in the area of diversity and inclusion. Specializing in development of customized strategy, training, tools and processes. Accomplished in development of sustainable community outreach, strategic partnerships and coalition-building with focus on education and integration of New American communities. Professional Experience FUTURO Inc., Nashville, Tennessee Executive Director, Part-Time 2011 to present Senior leader of the start-up non-profit organization that helps guide Latino students on their path from college to career. Manage and maintain administration and finances of the 501(c)(3) non-profit organization with six chapters in Tennessee and Kentucky. ProLingua Inc., Nashville, Tennessee 2000 to present President and CEO Senior leader of consulting and training firm providing multicultural growth strategies to private sector, government and non-profit agencies. Helping employers navigate through cultural and language barriers to meet performance objectives. Developed the Multicultural Lens training system used by organizations like Southwest Airlines and World Relief. NashvilleREAD, Nashville, Tennessee 1998-2000 Executive Director of the TN Parent and Information Center Directed $1 million federally-funded statewide program to provide training, information and resources to parents of school-aged children with the ultimate goal of improved academic performance and enhanced educational opportunities. Ensured inclusion of families considered to be underserved. Volunteer Experience YMCA Latino Achievers, 2008 to present ALPFA Nashville Chapter, 2013-2015 MT SHRM Diversity Chair, 2013-2014 Education 1996 Vanderbilt UniversityNashville, Tennessee, USA Bachelor of Arts, Latin American Studies 1995 Universidade de Sao Paulo Sao Paulo, Sao Paulo, Brazil Semester Study Program Staff Full Time Staff 0 Part Time Staff 0 Volunteers 5 Contractors 0 Retention Rate 0% 12
Plans & Policies Does the organization have a documented Fundraising Plan? Under Development Does the organization have an approved Strategic Plan? Under Development In case of a change in leadership, is a Management Succession plan in place? Under Development Does the organization have a Policies and Procedures Plan? No Does the organization have a Nondiscrimination Policy? No 13
Financials Fiscal Year Fiscal Year Start July 01 2017 Fiscal Year End June 30 2018 Projected Revenue $37,488.00 Projected Expenses $37,488.00 Endowment Value $0.00 Endowment Spending Policy Income Only Endowment Spending Percentage (if selected) 0% Detailed Financials Revenue and Expenses Fiscal Year 2016 2015 2014 Total Revenue $25,400 $21,477 -- Total Expenses $9,071 $10,961 -- Revenue Sources Fiscal Year 2016 2015 2014 Foundation and Corporation $0 $0 -- Contributions Government Contributions $0 $0 $0 Federal $0 $0 State $0 $0 Local $0 $0 Unspecified $0 $0 Individual Contributions $25,400 $21,477 -- Indirect Public Support $0 $0 -- Earned Revenue $0 $0 -- Investment Income, Net of Losses $0 $0 -- Membership Dues $0 $0 -- Special Events $0 $0 -- Revenue In-Kind $0 $0 -- Other $0 $0 -- 14
Expense Allocation Fiscal Year 2016 2015 2014 Program Expense $6,156 $7,138 -- Administration Expense $2,915 $3,823 -- Fundraising Expense $0 $0 -- Payments to Affiliates $0 $0 -- Total Revenue/Total Expenses 2.80 1.96 -- Program Expense/Total Expenses 68% 65% -- Fundraising Expense/Contributed Revenue 0% 0% -- Assets and Liabilities Fiscal Year 2016 2015 2014 Total Assets $27,374 $11,045 -- Current Assets $27,374 $11,045 -- Long-Term Liabilities $0 $0 -- Current Liabilities $0 $0 -- Total Net Assets $27,374 $11,045 -- Short Term Solvency Fiscal Year 2016 2015 2014 Current Ratio: Current Assets/Current Liabilities -- -- -- Long Term Solvency Fiscal Year 2016 2015 2014 Long-Term Liabilities/Total Assets 0% 0% -- Top Funding Sources Fiscal Year 2016 2015 2014 Top Funding Source & Dollar Amount Contributions, Gifts Contributions, Gifts -- and Grants $25,400 and Grants $21,477 Second Highest Funding Source & Dollar -- -- -- Amount Third Highest Funding Source & Dollar Amount -- -- -- Capital Campaign Is the organization currently conducting a Capital Campaign for an endowment or the purchase of a major asset? No Capital Campaign Goal $0.00 Capital Campaign Anticipated in Next 5 Years? Yes State Charitable Solicitations Permit TN Charitable Solicitations Registration Yes - Expires Dec 2017 Organization Comments We will be filing Form 990 within 30 days and will post as soon as it's prepared. - Ann Gillespie 9/19/2017 GivingMatters.com Financial Comments Financial figures taken from Form 990. Form 990 was prepared by Dominus CPA & Tax Services. Comment provided by Kathryn Bennett 11/14/16. Created 04.27.2018. Copyright 2018 The Community Foundation of Middle Tennessee 15