If you would like to assist Evolve achieve its strategic goal of financial sustainability, then you could consider a donation to The Evolve Foundation (TEF).
Donations contribute to the Foundation's 'corpus' a perpetual capital base which is invested with income distributed to Evolve each year. This means that a one-off donation will continue to generate income for Evolve in perpetuity. It is a gift that keeps on giving!
Evolve¹s intention is to become financially self supporting. To this end the Foundation aims to build its capital base from the current $1m to $5m within 5 years. The income generated each year from this capital base will substantially cover the annual non-program operating costs of Evolve, helping it achieve sustainability.
Our Foundation (previously called The YET Foundation) has become a key part of Evolve's fundraising strategy since our merger with the Youth Enterprise Trust (now Evolve).
Investments are made in accordance with the Foundation¹s investment policy, in a conservative mix of shares, bonds and cash. As the Foundation is an ³in perpetuity² fund, its objective is to maximise returns over the longer term whilst at all times seeking to preserve the capital base.
The Foundation invests ethically, so that funds are invested in entities whose activities are consistent with the philosophy and mission of Evolve. For example, investments are not permitted in companies involved with alcohol, tobacco or gambling.
The Foundation is a Private Ancillary Fund and operates at arms length from Evolve. It has its own board of directors all of whom are independent of Evolve. The directors each bring significant expertise in investment.
Donations are tax deductible as the YET Foundation is endorsed as a Deductible Gift Recipient (DGR) and a Tax Concession Charity (TCC) (ABN: 97 737955167).
For more information:
Justine Hickey (Chair)
GPO Box 2007
BRISBANE QLD 4001
Phone: 0417 793 561