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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

  • Aboriginal Legal Service (NSW/ACT) & Just Reinvest NSW
    $388,263 to explore expansion of justice reinvestment in NSW.
  • Mirabel Foundation
    $300,000 towards the expansion of the Mirabel team to the Hunter region, to support children who have been orphaned or abandoned due to parental ilicit drug use and their kinship carers.
  • Youthworks
    $338,000 towards Youth Ministry expansion in Western Sydney and deployment of the Ministry Survey.
  • Country Universities Centre
    $520,049 towards employment of academic mentors across the network - Cooma, Broken Hill, Goulburn, Narrabri, Moree, Grafton, Griffith and Leeton - to support students in academic success.
  • The Royal Hospital for Women Foundation
    $50,000 towards Malabar Midwives, a culturally appropriate service contributing to maternal health outcomes for Indigenous women in Malabar, Maroubra and La Perouse.
  • Twin Rivers Centre
    $42,718 towards the Hand Up program in Eagleby, supporting a community experiencing intergenerational poverty by creating employment opportunities.
  • Burraga Foundation
    $50,000 towards the Storylines School Based Trainee program, an opportunity for Indigenous students to gain valuable work skills and experience through paid employment.
  • Arts North West
    $25,000 towards the North West Film Festival, engaging young people in rural communities in creative digital and analogue screen media.
  • Chester Hill Anglican Church
    $31,644 towards supporting the Children's Ministry in a rapidly growing community.
  • Sports Chaplaincy Australia
    $49,483 towards the Sports Chaplaincy in junior sport netball pilot.
  • Abbeyfield Australia
    $40,452 towards the successful establishment of new independent housing for young people with disabilities in Wagga Wagga.