The Trustee For Australian Communities Foundation Scholarship Fund is an Australian nonprofit organization dedicated to supporting education through scholarship grants across the country. Registered with the Australian Business Number (ABN) 82218603765RR0001, the Fund operates under the auspices of the Australian Communities Foundation, the nation's only national community foundation which facilitates structured and effective philanthropy.

Overview

The Fund offers a mechanism for donors to establish tax-deductible Scholarship Funds aimed at providing educational payments, prizes, and bursaries to students throughout Australia. It engages contributors to create a lasting endowment for education by investing donated funds responsibly, allowing the capital to grow while awaiting distribution to scholarship recipients.

Key Features and Benefits

• Tax-Deductible Donations with Flexibility: Donors receive an immediate tax deduction upon contributing to the Scholarship Fund and maintain flexibility in the timing of scholarship distributions.

• Responsible Investment: Contributions are managed via 100% responsible investment strategies, targeting both financial growth and social impact while funds are held.

• Philanthropic Advisory and Administration: The organization provides expert advice on scholarship strategy and selection criteria. It also handles all administrative and compliance requirements, enabling donors to focus solely on the philanthropic outcomes.

• Enduring Legacy: The fund structure is designed to build a sustainable legacy by growing assets through investment returns, thereby supporting educational opportunities for generations to come.

How It Works

1. Fund Establishment: Individuals or entities make a tax-deductible donation to establish their Scholarship Fund. This grants access to the Australian Communities Foundation’s philanthropy community, including grantmaking advice and networking.

2. Scholarship Design: Donors may select an existing scholarship program or collaborate with the foundation's advisory team to design a bespoke scholarship aligned with their philanthropic goals. The foundation supports ongoing scholarship administration, including disbursing educational payments and awards.

Relationship with Australian Communities Foundation

The Trustee For Australian Communities Foundation Scholarship Fund is part of the broader Australian Communities Foundation, a nonprofit organization with over 27 years of experience supporting structured giving. The Foundation fosters a community of thousands of givers nationwide, united by the aim to make meaningful social impact through various philanthropic activities including donor-advised funds, scholarships, and collective giving.

The Australian Communities Foundation provides the infrastructure, expertise, and community engagement necessary to enable donors to maximize their charitable impact and support causes across diverse sectors, with a focus on building effective, lasting philanthropic legacies.

This Scholarship Fund exemplifies a strategic approach to philanthropy, combining smart financial stewardship with a focused mission on education access and support, ensuring that donors’ contributions continue to empower students across Australia for the long term.

[1] https://communityfoundation.org.au/philanthropic-services/scholarship-funds/ [2] https://www.communityfoundation.org.au/giving/structured-giving/scholarship-funds [3] https://www.acnc.gov.au/charity/charities/d2ffd11a-38af-e811-a960-000d3ad24282/profile [4] https://communityfoundation.org.au [5] https://communityfoundation.org.au/category/granting-advice/