How is a sub-fund established?
This is a simple process and only takes a few days to arrange. You normally initiate the process by contacting us. We will assist you or your advisor in the preparation of an Establishment Form:
- There are no establishment fees
- No ongoing audit or legal costs
- Donors can name the sub-fund or remain entirely anonymous
There is no minimum donation. Donors can set up a sub-fund on the understanding that it will reach a minimum amount of at least $50,000 within a five year period. To cover its administration costs, SCF charges a small administration fee of 1.5% pa on endowment fund balances.
For further information or to obtain a Donor Application Form please contact:
Executive Officer
Sydney Community Foundation
PO Box 767 Crows Nest NSW 1585
Phone: 02 9322 1320
Email: enquiries@sydneycommunityfoundation.org.au
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