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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

  • Australian Schools Plus
    $6,306,443 in school grants and operational funding towards the Fair Education initiative.
  • Byron Region Community College
    $415,000 towards Sourdough Business Pathways, helping build strong and sustainable businesses in the Northern Rivers region.
  • First Steps Count Foundation
    $1,650,000 towards the construction and operational setup of the First Steps Count Child and Community Centre, Taree.
  • Human Rights Law Centre
    $382,332 to boost and diversify the Aboriginal Rights Team.
  • The Social Outfit
    $130,000 towards capacity building strategies.
  • Australian Literacy and Numeracy Foundation
    $50,000 towards the Refugee Action Support Program, supporting refugee students with language and literacy demands in the classroom.
  • First Hand Solutions Aboriginal Corporation
    $40,000 towards the National Indigenous Art Fair, exhibiting Aboriginal and Torres Strait Islander artists from 30 remote community art centres across Australia.
  • Eat Up Australia
    $48,023 towards Eat Up NSW, providing sandwiches for the young Australians who go to school every day without any lunch.
  • Best Employment
    $34,800 towards the Best Food Garden, producing and providing fresh produce to the Inverell community.
  • Queensland Youth Orchestras
    $25,000 towards the 2019 Regional Tour to North Queensland, providing concerts and workshops to regional communities.