Why Choose the Acorn Foundation
We are building a permanent endowment fund that will cater for the current and future needs of our region - forever.
How does Acorn work?
What does Acorn actually do?
Managers each fund;
While each Fund is separately monitored and accounted for, the capital of each Fund is combined with all other Funds to achieve economies of scale.
Acorn's Investment Advisory Committee (volunteers) oversee the Acorn funds and all investment recommendations.
That Committee has appointed Craigs Investment Partners as the investment managers.
Assist with distributions;
A minimum 4% distribution from each Fund is made annually.
Acorn makes these distributions in accordance with the instructions which have been given by the Donor at the time when the Fund was created.
Where the Fund is wholly or partially unrestricted, Acorn invites applications from local charities and community groups, and allocates those funds based on identified priorities.
You don't have to be wealthy to make a difference. Creating a compassionate, caring community just needs thoughtful, committed people. Acorn aims to make the process as easy and rewarding as possible so that everyone can contribute in a way that works best for them, whether that be giving during their lifetime, or in their Will, or both.
Avoids problems of personal charitable trusts;
Setting up a fund with Acorn overcomes the problems associated with personal charitable trusts, such as:
Who will continue to manage the Trust after the Donor and the Donor’s advisors have passed on?
Annual administration costs
Effective oversight of investments
Some of our Donors do have an active Charitable Trust, but have provided that when they die, it will become a Fund that then becomes managed by Acorn, which overcomes the challenges outlined above.