The Buderim Foundation is today awarding almost $60,000 in grants to be shared by 14 community-based organisations, as part of its annual Community Grants Celebration.
Buderim Foundation Grants Committee Chair, Rebecca Ramsay said the Foundation was delighted to once again provide support to community organisations supporting the 4556 postcode area.
“The grants come from earnings made from the Foundation’s investment fund, so it is thanks to everyone’s donations and the hard work of our Investment Committee, that we are able to deliver the much-needed funding,” Rebecca said.
“This year we will be awarding 14 Community Grants with a total value of $59879.54.”
The special Grants Celebration will be held on Saturday 10th September at the Buderim War Memorial Hall and is a Covid-Safe event.
“The Buderim Foundation concept is simple and has three key components. Money in, where donations and bequests are received, money managed, where these funds are carefully invested and then money out, with the income from the investments distributed as grants to organisations supporting the 4556 community,” Rebecca said.
This year is the 15th year grants have been distributed. Since 2008, a total of $731,826 has been distributed to 90 community organisations supporting the 4556 postcode area.