The Trustee For Community Enterprise Charitable Fund

The Trustee For Community Enterprise Charitable Fund is an Australian nonprofit organization operating as a charitable fund. It is registered with the Australian Charities and Not-for-profits Commission (ACNC) under the Australian Business Number (ABN) 12102649968RR0001. The fund functions as a trustee-managed entity aimed at supporting a broad range of charitable projects and initiatives within Australia.

Purpose and Activities

The organization provides funding to a wide variety of eligible charities and institutions that qualify as charitable at law. These grants and donations are directed toward projects that benefit Australian communities, emphasizing local impact through community enterprises and charitable causes. The Trustee For Community Enterprise Charitable Fund acts primarily as a conduit for allocating financial resources to support community development and philanthropic activities.

Financial Overview

The fund manages significant financial resources, with total expenses reported at over 18 million Australian dollars. It maintains a sound financial position, demonstrating more assets than liabilities and an asset coverage sufficient for approximately 65 months of expenses. The fund has experienced no financial losses in the past five years, indicating stable and prudent financial management.

Governance and Administration

The fund is administered under the oversight of Sandhurst Trustees Limited, a trustee company and subsidiary of Bendigo and Adelaide Bank Limited. Sandhurst Trustees Limited serves as the legal trustee responsible for the management and distribution of grants and scholarships from the fund, ensuring that donor intentions are respected while fulfilling the fund’s charitable objectives.

Grant Programs

The Trustee For Community Enterprise Charitable Fund facilitates grant distribution in coordination with various trusts managed by the Community Enterprise Foundation. Its grant programs are designed to assist eligible community organizations in applying for financial support to implement projects with social impact. The application process requires organizations to provide detailed information regarding their community role and project specifics.

Impact

The fund has contributed to the sustainability and growth of numerous community-based initiatives, reflecting its commitment to fostering community enterprises and addressing local needs through charitable support. It represents a critical financial resource channeling philanthropic donations towards meaningful community outcomes.

This summary reflects available information about The Trustee For Community Enterprise Charitable Fund’s role, governance, financial health, and community engagement in Australia.

[1] https://www.acnc.gov.au/charity/charities/8f181751-39af-e811-a963-000d3ad244fd/documents/03641026-3107-ea11-a811-000d3ad1f29c [2] https://www.acnc.gov.au/charity/charities/8f181751-39af-e811-a963-000d3ad244fd/documents/ [3] https://www.changepath.com.au/the-trustee-for-community-enterprise-charitable-fund [4] https://www.bendigobank.com.au/community/foundation/contact/ [5] https://cia.communityenterprisefoundation.com.au/Documents/How%20to%20Apply%20-%20Grant.pdf