Businessman’s trust gives $300,000 to kids and young people

by |
The R.M. Ansett Trust has just announced grants totalling $300,000 to support children and young people in Victoria.

Wealth manager Equity Trustees, which manages the trust established by businessman, aviator and philanthropist Sir Reginald Ansett, received applications from many valuable projects and will be providing funding for seven of them this year.

The major grant of $100,000 to the Salvation Army Eastcare Network will fund a project supporting young people who are homeless or at risk of homelessness - particularly young adults who are exiting out-of-home care and other statutory programs - in Melbourne’s Eastern suburbs.

“We hope that these grants will make a positive difference in the lives of many children and young people,” said Tabitha Lovett, head of philanthropy at Equity Trustees. “For example, SHINE for Kids Cooperative will extend its support for children who have parents in prison, and Good Beginnings Australia will run an early learning program for disadvantaged children in Doveton in Melbourne’s east so that they have better language and literacy skills when starting school.”

Other grants went to Scope, Living the Dream Foundation, TaskForce Community Agency, and the Advisory Council for Children with Impaired Hearing.

This year the Ansett Trust particularly sought applications from charitable organisations working with children and youth in the Mornington Peninsula and Frankston areas because of Sir Ansett’s long association with the region.

The R.M. Ansett Trust has the objective of “assisting children to take their place in life”.

It distributes approximately $1 million annually through grants and scholarships, making it one of the largest charitable trusts managed by Equity Trustees.


Future2 scores top Australian adviser

Philanthropic planners please apply

Planners making the difference