Our Beneficiaries
The Foundation has three beneficiaries prescribed in the Trust Deed, each will receive income distributions as determined by the Board of Trustees.
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These organisations face ongoing financial pressures, often relying on community fundraising efforts. The Foundation alleviates some of this burden by providing a stable long-term income stream through managed investments.
The Foundation exists to strengthen our community by supporting these beneficiary organisations in their activities into the future.
Kingston Soldiers Memorial Hospital - ensuring quality healthcare services for the community.
Kingston Community School Building Fund - supporting education and facilities for future generations.
Kingston SE Branch of the National Trust of South Australia - preserving Kingston's rich historical heritage.
Our Aims and Objectives
Building a Strong Financial Base - Establish a capital fund through donations and fundraising activities, investing principal funds to generate income for future grants.
Tax Deductibility for Donors - Encourage giving by offering tax-deductions for contributions.
Long-Term Sustainability - Provide a reliable funding source that grows over time
Our Long-Term Strategy
To ensure ongoing financial stability, we are committed to:
Developing an investment base from donor contributions and estate bequests.
Collaborating with beneficiaries to enhance their ability to provide essential services.
Utilising professional financial advisors.
Maintaining transparency and compliance with the Australian Charities and not-For-Profits Commission and the Australian Tax Office.