Start a Named Fund

 

Have lasting impact in the place you call home  

How do Named Funds work?

There are no establishment fees. All you need is:

  • a name to reflect a family, a person, an idea or something you care about
  • a purpose that gives us broad direction to the use of funds
  • a contribution that establishes your fund. Around $5k is recommended as an initial contribution. This is tax-deductible.
  • ongoing support of the fund. Once a fund reaches $10k, it generates an annual grant from investment return. If you wish, you can top up the fund yourself or have your friends and colleagues join you.
  • a specific organisation or cause to receive grants generated by your fund. There are hundreds of organisations and causes in the inner north your Named Funds could support.

We’ll provide:

  • advice on how local issues are being addressed and how to best create change
  • introductions to like-minded people and organisations
  • compliance with all regulatory and governance requirements
  • guidance on which charities and not-for-profits are in your area of interest
  • progress reporting on your fund and all your tax receipts at any time on an online portal
Join the growing number of individuals and families who have established a Named Fund that reflects their sustained commitment to the Inner North.

See how others have used the Foundation as a platform for their philanthropy visit the Donate page.

To find out how you can get started, contact Ben on 03 8689 1922, or email [email protected]
 

 

Named Fund for Community Groups

For local community groups looking to diversify their revenue, a Named Fund with the Inner North Community Foundation may be a simple solution.

Organisations don’t always have the capacity to manage a Gifts in Will program, so partnering with Inner North Community Foundation with a Named Fund is a way to build this capacity.

A Named Fund can engage your supporters, encouraging them to give in a meaningful and fulfilling way, that will allow them to be part of lasting legacy.

The Foundation provides practical resources for our charity partners and offers full support to ensure you can establish and grow a valuable Named Fund.

See how others have used the Foundation as a platform for their philanthropy visit the Donate page.

To find out how you can get started, contact Ben on 03 8689 1922, or email [email protected]