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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 Girls and Boys Brigade
    $426,000 towards the Strategic Fundraising Resources Project, nurturing a fundraising culture and implementing a fundraising team to ensure success.
  • Alpha Australia
    $240,000 over three years towards the expansion of the Alpha Australia Youth Series, helping young people explore and discuss Christian faith.
  • Outward Bound Australia
    $124,520 in capacity building support, for the development of Outward Bound's community work.
  • Schools Industry Partnership
    $50,000 towards the Western Sydney expansion of Inspiring the Future, connecting schools with volunteers from the world of work.
  • Phunktional
    $30,000 towards Beyond the Walls, empowering young people in custody through Community Arts and Cultural Development.
  • Australian Council of Social Service
    $50,000 towards Raise the Rate, a campaign to increase the Newstart Allowance, which has not increased in real terms in 24 years.