As a public ancillary fund, the
Community Impact Foundation
delivers the advantages of
alternative philanthropic
structures while reducing
associated administrative and
cost burdens.
Thank you to the Australian Wildlife Conservancy for generously offering their beautiful images.
The key advantages of a Giving Fund with the Community
Impact Foundation include:
- The minimum of $50,000 to establish a Giving Fund is substantially less than required to establish other philanthropic structures.
- It costs nothing to establish your Giving Fund and the only ongoing fee is 1.025% per annum (including GST) of funds under management, which is paid to Ethinvest. This fee covers all aspects of compliance, investment management and audit costs.
- Your Giving Fund is simpler, less time consuming and more cost effective to establish and participate in than other philanthropic structures. The trustee handles the administration, investment and legal compliance – freeing up donors to solely focus on grant making.
- While Giving Funds operate separately within the foundation, individual funds are pooled together, benefiting from being part of a larger investment vehicle.
- You can name your Giving Fund and be identified with it as your vehicle for your charitable giving, or you can choose to be anonymous.
- You and your family can be involved in the grant making decisions of your Giving Fund.
- Your Giving Fund, and its legacy, can continue long after you have passed away.
- The corpus of your Giving Fund is invested using ethical and impact investment strategies, to complement and extend the good work of your giving.
“Returns are not measured in dollars alone. Mobilising capital for change is a key part of the equation for socially responsible investors and philanthropists.”
Ross Knowles, founder, Ethinvest, Ethinvest Foundation and the Community Impact Foundation. For more information about how we invest our foundation corpus funds for impact, please see our report, Aligning Investment and Giving for Impact.