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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

  • Centre for Policy Development
    $600,000 for the Cities and Settlement Program - to enhance employment and settlement services for refugees.
  • Crusaders Union of Australia
    $3,000,000 as a matched funding incentive towards the redevelopment and expansion of the Crusaders’ Lake Macquarie camp site.
  • UNSW CHeBA
    $200,000 towards the Dementia Momentum.
  • Philanthropy Australia
    $75,000 to join Philanthropy Champions, an ambassadorial group of philanthropic leaders committed to enhancing the capacity of the philanthropic sector.
  • WeBelong Inc
    $45,000 towards the Jesus Club – a program providing support, training and resources for local churches to reach people with disabilities.