Foundation SA

June 30 is just a couple of weeks away, and while we hear a lot about the tax effectiveness of structured giving, the deeper rewards of giving tend to attract fewer headlines.

It’s something that personal finance columnist, Noel Whittaker has written about this week in The Advertiser, along with outlining the steps he’s taken with his own giving fund.

While “the numbers speak for themselves,” Noel says, a Sub-fund “truly is the gift that keeps on giving”.

“There is something quietly profound about directing money to causes that you genuinely believe in,” he says. “Rather than a passive transfer of wealth, a charitable foundation turns philanthropy into an active, ongoing conversation – one that can span generations.”

⏰There’s still time to establish a Sub-fund of your own at Foundation SA – we can get you started in 48 hours. You’ll receive the tax-deduction this financial year and have the ability to decide what you’d like to give to at a time that suits you.

💡If you’re interested in learning more, reach out to us today: [email protected] or take a look at the different ways to give here:

https://www.foundationsa.org.au/ways-to-give/start-giving/

Read The Advertiser article (paywall) here:

https://www.adelaidenow.com.au/business/opinion-analysis/noel-whittaker/how-to-convert-a-major-tax-bill-into-a-lasting-family-legacy/news-story/30eb45e0c744df80046b95989f1e1325

It’s National Reconciliation Week and we were so happy to be part of Voices for Reconciliation along with 41,000 other people singing ‘Beds are Burning’ by Midnight Oil.

Our team was also lucky enough to attend this morning’s sold-out National Reconciliation Week Breakfast hosted by Reconciliation South Australia.

National Reconciliation Week is a time for all Australians to learn about our shared histories, cultures, and achievements, and to explore how each of us can contribute to achieving reconciliation in Australia.

There are a range of Reconciliation Week community events happening in South Australia - check out the event listing here:
https://www.reconciliation.org.au/calendar/

🎵 Watch Voices for Reconciliation: https://www.youtube.com/watch?v=opNvxvovPIQ

Bonding over a shared the belief that ordinary people can make an extraordinary difference,
Pip Lane and Andrew Hunter are using their Sub-Fund at Foundation SA to turn ‘everyday generosity’ into lasting change.

Describing themselves as “ordinary people with no links to the philanthropy world” Pip and Andrew began their structured giving journey with a Gumnut Account. They added to their balance over time until it grew into their own named Sub-Fund, the Better Tomorrow Fund, which supports educational opportunities for First Nations women.

Andrew says that the behind-the-scenes support from the team of philanthropy professionals at Foundation SA team has been invaluable.

“I can’t downplay the logistical benefits,” he says, “the support of the Foundation SA team is super helpful. For Pip and I, knowing that the administration and the due diligence and everything else is covered and running professionally in the background is so reassuring.”

Read more of Pip and Andrew’s story: https://www.foundationsa.org.au/news/better-tomorrow-fund/

Learn more about Gumnut Accounts, Sub-Funds and other ways to give: https://www.foundationsa.org.au/ways-to-give/