Establish a Named Sub-Fund

What is a Named Sub-fund?

A Named Sub-Fund is a great way to involve family members or whole organisations in a meaningful and fulfilling giving experience. Donations can be made to Named Sub-Funds at any time by the original donor, or by family members, friends or others. All donations are fully tax deductible, and we manage all governance for you.

A Named Sub-Fund allows you to recommend the preferred charities or causes in the Albury Wodonga Region that you wish to support.

Why create a Named Sub-fund?:

There are lots of reasons, but some include:

• Remembering a loved family member or someone special in perpetuity
• Financially supporting activity in your specific area of community interest
• Encouraging family or staff to become more active participants within your community.

Start a Named Sub-fund for as little as $2,000

An initial contribution of $2,000 is all it takes to get started.

Once your fund reaches $20,000, it can begin to grant to your chosen community organisations.

Funds are pooled for the investment purpose with investment options discussed when the fund is established. As the fund grows to $20,000, the income generated will fund future distributions to support the causes you care about.

Named Sub-fund management

Your donation forms part of Border Trust’s Public Ancillary Fund and is not separate to other money in the Border Trust Public Ancillary Fund.

Most importantly, we do all the hard work for you.

Donations and grant-making are reported in the Named Sub-fund (NSF) and earnings are attributed to each NSF on a pro-rata basis via internal management systems.

We establish a Memorandum of Understanding (MoU) with each NSF donor/s to ensure there is a clear understanding of the charitable purpose for which funds or assets may be applied by the Trust, the responsibilities of donors and Border Trust, the grant-making process and indicative management fees.

Minimal administrative and management fees are applied to NSFs to offset the costs of compliance, regulation, reporting, and grant-making, enabling Border Trust’s NSFs to be very low cost.