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. Creating a Named Sub-Fund gives you the chance to provide community assistance at grassroots and personal level.
Establishing a Named Sub-Fund in perpetuity with Border Trust is simple. Starting from $2,000 your fund can grant to local community organisations once it builds to $20,000. We’ll work with you along the way.
- Donations can be made at any time and many people can contribute.
- It is easy to follow a Sub-Fund’s progress. You can see firsthand the difference your contribution makes. It’s a wonderful experience to be involved in.
- A Named Sub-Fund is a simple option for an individual or family who want to give in perpetuity without the cost and legal requirements of setting up a Private Ancillary Fund or Family Foundation.
- It is also a great option for businesses wanting to be more active in their support of the local community. It can be a positive way to encourage staff development and involvement in giving.