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A strategic gift that keeps on giving

You can set up a Sub-Fund in honour of a special woman – it may be a family member, friend or someone you admire.

We work with you to identify a specific issue or issues affecting women and girls in Victoria that is of particular interest to you or reflects the woman you are honouring.  

A Sub-Fund is also a great way to involve your family or organisation in the experience of giving.

Key features of our Sub-Funds

  1. No start up or ongoing management fees are charged to administer Sub-Funds.
  2. A minimum endowment of $100,000 is required – as this amount can earn sufficient interest in any year to allow substantial grants to be made.
  3. The endowment and any additional donations into Sub-Funds are tax-deductible.
  4. Tax deductions for donations can be spread over five financial years.
  5. Any income generated is tax-free and contributes to growing the Sub-Fund.
  6. Each Sub-Fund can be named after an individual, who may be a family member, friend or someone you admire.
  7. The Sub-Fund must have distinctive purposes that fit within the philosophy and ethos of the Victorian Women’s Trust and benefit women and girls in Victoria.
  8. An Advisory Committee supports each Sub-Fund. This Committee may include a family member.
  9. Whilst endowees are encouraged to provide recommendations for the annual distribution of the Sub-Fund grants, regulatory requirements mean that the final decision about grants remains the responsibility of the Trustees of the Victorian Women’s Benevolent Trust.
  10. 80% of the annual interest earned on the Sub-Fund capital is released for grant-making; 20% is retained with the capital amount so that it continues to accrue.

I feel immensely privileged to be able to remember my mother in this way… And I know that it would give my mother great pleasure too.
– Hilary Irwin, Con Irwin Sub-Fund endowee


Are you interested in setting up a Sub-Fund?

We would love to talk with you about the possibility of setting up a Sub-Fund with the Victorian Women’s Benevolent Trust.  Please get in touch with Carolyn Munckton, VWBT General Manager on phone 03 9642 0422 or