Sub-funds let you put a name to your giving. They can be named after individuals, families, organisations or have their own unique identifier.
To establish a sub-fund, an application form is required as well as a minimum seed donation. Sub-funds established on behalf of registered charities require a seed donation of $20,000. Sub-funds established for nominated charities, causes or regions require a seed donation of $50,000. The application is taken to the Board for approval and once approved submitted to the Trustee. You will receive a letter of confirmation once the sub-fund has been established.
All donations are tax deductible and all earnings are exempt from tax. Note, however, that income earned on invested funds may be distributed only to those organisations that have Deductible Gift Recipient (DGR) status.