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The Foundation distributes grants annually to not-for-profit community organisations that provide a service to the local community in the 4556 postcode area. These grants are formally presented in September each year at the Foundation's Good News Night. The financial amount of these grants is determined by the income raised from Buderim Foundation investments each year. Since grants were first distributed in 2008, the amount of money available has increased annually.
In January each year, the Foundation distributes Back to School vouchers which it receives from the Foundation for Rural and Regional Renewal (FRRR). As the money comes from FRRR to the Foundation and then to families in the community, it is known as flow-through funding.
In 2011 the Foundation also distributed Youth in Philanthropy Program (YIPP) Grants to specialised youth organisations.