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Initiate

Social Impact Investment

VFFF aims to identify opportunities to make impact investments that achieve commercial returns and further social outcomes for our beneficiaries. Working with our investment manager Cambooya, VFFF seeks to have 5% of the corpus invested on an impact first basis by 30 June 2018.

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In November 2015, VFFF approved its first impact investment, a property in Armidale for $570,000 plus on-costs to establish BackTrack‘s residential program, supporting young people having a tough time.

In March 2016, VFFF provided a loan of $2 million to Moore Theological College to assist in the redevelopment of the Newtown campus, that was officially opened in February 2017.

In 2017, VFFF approved its third impact investment. $750,000  was invested for equity in YUME Pty Ltd, an organisation that seeks to assist primary producers to achieve a return on produce that for a variety of reasons becomes surplus to needs.

BackTrack

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Latest Grants

  • Behavioural Insights Team
    $880,300 towards the final phase of the Code for Online Decisions and Ethics (CODE) Program.
  • Central Queensland Life Education Centre
    $50,000 towards the Mobile Learning Centre, delivering Life Education’s health and drug program to schools and early learning centres throughout Central Queensland.
  • Our Community Project (Tender Funerals)
    $50,000 to develop the Tender Replication Strategy and provide ongoing support to communities adopting the Tender model.
  • Outward Bound Australia
    $35,000 towards the Inspired Muslim Girls program, providing outdoor adventure education that builds confidence, resilience, cultural understanding and cohesion.
  • Raise Foundation
    $46,209 towards high school mentoring programs in Narrabri, Young and Wee Waa.
  • Sandgate and Bracken Ridge Action Group (Sandbag)
    $49,311 towards the employment of a Compliance Officer, essential to Sandbag providing services to those most vulnerable within their community.
  • Thrive Refugee Enterprise
    $35,000 towards a feasibility study of how best to support refugees and asylum seekers in regional NSW to start and run small businesses.