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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

  • The Australian Centre for Social Innovation
    $375,950 for the final delivery phase of developing a regional capability building model with the key people and initiatives VFFF works with in Lachlan Shire and Dubbo.
  • Foundation for Rural and Regional Renewal
    $708,925 for phase one of the Rural Community Futures Program, to strengthen grassroots non-profit organisations in rural, regional and remote NSW.
  • Indigenous Marathon Foundation
    $50,000 to establish the IMF Deadly Running Footprints, a series of running events to create positive local role models and facilitate community engagement in the Northern Rivers, NSW.
  • Musicians Making a Difference
    To pilot the Breakfree Street Support and Internship Program, a pre-employment training program for 18-25 year olds in the NSW Central Coast area.
  • Paint the Town REaD
    $48,000 to provide ongoing support and training for communities in rural and regional NSW to effectively implement the Paint the Town REaD program.
  • Sugarvalley Neighbourhood Advancement Group
    $23,650 to continue the employment of a Grant Writer for an additional 12 months.