About the Fund
The Frankston Charitable Fund was established as a charitable fund account of the Lord Mayor’s Charitable Foundation in 2009.
The fund aims to build capital and generate interest and dividends that provide funding to support the work of Frankston charities through a grants program.
The Fund capital is preserved in perpetuity and is invested and professionally managed by the Lord Mayor's Charitable Foundation.
The money that is donated today will stay in the Frankston Charitable Fund corpus forever.
The Lord Mayor's Charitable Foundation matched donations dollar-for-dollar up to $100,000 to help establish the Frankston Charitable Fund.
The Fund was also the recipient of a challenge grant in 2011 - 2012 and received an initial $100,000, then after successfully raising $100,000, received a further $200,000 as part of the Victorian Government's Community Foundations initiative.
The first round of Frankston Charitable Fund grants took place in 2012 with over $7,000 distributed to eligible charities. The long term aim of the Fund is to continue building capital and give out more grants to more charities with each successive grant round.
Frankston Charitable Fund
30 Davey Street
PO Box 490
Frankston VIC 3199
P. 1300 322 322
Lord Mayor's Charitable Foundation
P. 03 9633 0033