Establishing an Endowment Fund
Fund Active Now - $50,000 minimum
To enjoy the pleasure of making a difference now you can start an endowment fund with Acorn now giving you the opportunity to see the difference you are making. When setting up the fund you can nominate a charity and/or charities who are to benefit from the distributions each year, and/or leave the funds unrestricted, comforted in the knowledge that Acorn will apply the funds to organisations most in need at the time. You will also be able to claim back up to 33.3% of your donation as a tax credit, up to the level of their personal income.
Fund Active when it reaches Acorn threshold
A donation to Acorn of $10,000 each year for the next 5 years means that in 5 short years you will have an active fund. When the fund has reached that $50,000 threshold, annual distributions to the local community will commence. These will continue in perpetuity, you can consider at this stage whether you wish to continue adding to the fund each year or not.
Fund Active when you are Gone
By making a Will you can be reassured your wishes for where you would like your assets to go is documented and the people and/or places that are important to you are looked after. Leaving a gift in your Will for the Acorn Foundation allows you to leave a lasting legacy to your community.
Donor Ros Granger says
“I am one very happy lady as I’m doing something to honour my husband, his favourite charity and the community.”
If you have a private charitable trust (or are considering establishing one) talk to Acorn about how we can help. Acorn can assist with compliance requirements, future Trustee succession planning and asset transfers for your Trust fund.
Acorn welcomes online donations of any size to the Acorn Vital Impact Fund (distributions from this fund cannot be specified by the donor) or to any of our Community Group Endowment Funds. Click here if you would like to donate now.
Contact us today.