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Case Studies
New Foundation Account - Private Donor - Anonymous
| Name of Donor |
Private Donor - Anonymous |
| Background |
- A switched on banker stretched $2,500 of his own money into a $15,000 foundation account of the CAF Community Fund. Then he turned the initial donation into a $20,000 grant for a CCF Australia water aid project.
- Making a before tax donation of $5,000 (he receives a tax and Medicare benefit equal to $2,350) and through encouraging both a current and previous employer to match his donation, the foundation account reached $15,000.
- Then, using the strategy of making grants to community programs which attract government matching, he was able to make a $5,000 grant from the foundation account to the CCF Australia water appeal which the Federal Government had committed to match 3:1 - effectively turning the $5,000 grant into a grant of $20,000.
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| Goals |
- To build up a substantial donation pool through encouraging matching of his donations
- To leverage the impact of grants made from the foundation account by having a preference for community programs attracting matched funding from either the government or private sector.
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| Key Messages |
- Matching donations to leverage the impact of his charity dollar
- Committed to effective giving
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| Evaluation |
The donor regularly contacts CAF and reviews take place regarding the effectiveness of each grant, and to ensure grants are made to community programs attracting matched funding
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