You can establish a sub-fund and create an income stream for one or more charitable causes.
Sub-funds can be established for nominated charities, causes or regions. Once your application is endorsed by the Board it is submitted to the Trustee for approval.
Sub-funds let you put a name to your giving. Queensland Gives take’s care of the administration and compliance, allowing you to focus on the granting. Sub-funds can be named after individuals, families, organisations or have their own unique identifier.
A seed donation of $250,000 is required to establish a sub-fund.
All donations are tax deductible and all earnings are exempt from tax. Note, however, that income earned on invested funds may be distributed only to those organisations that have Deductible Gift Recipient (DGR) status.