Buderim Foundation Gets $38,000 Boost - 25 May, 2006
The fledgling Buderim Foundation has received a bequest of more than $38,000, boosting the fund's total to more than $100,000.
Announcing the bequest, Foundation chairman, Mr Gary Hopkins, said the donation, from the estate of the late Mrs Beryl Adsett, was a very welcome gift. "It will go a long way to helping us achieve our goal of an even better Buderim in which to live," he said.
Mrs. Adsett came from country Queensland to live in Moorabinda Street, Buderim in 1977.
Mr Hopkins said that other recent gifts had included a parcel of shares and two cash donations in memory of deceased friends and relatives.
"Although some donors will want to remain anonymous, we are exploring innovative ways of permanently and publicly recognising those donors who would like to be recognised," he said.
The Buderim Foundation, an independent, not-for-profit, philanthropic organisation, was established by the Buderim War Memorial Community Association in 2003 to attract donations from individuals, including bequests and tax deductible donations. "Even property, life insurance, jewellery or artwork could be left to the Foundation," said Mr. Hopkins
In addition, the Foundation seeks to attract funding from organizations, public and private.
Money is invested forever. When the fund reaches a substantial total, the Foundation will make grants from the income to local not-for-profit organizations that add to Buderim's quality of life.
"Many residents enjoy the very special sense of belonging and want Buderim to be an even better place in which to live. Their donations to the Foundation will help achieve this goal," said Mr Hopkins.
Projects funded, he said, would not normally be funded through any other source and might include key social, environmental, educational, health, sporting, recreational and cultural activities.
"From reaction in the community to the establishment of the Foundation, we believe many people will welcome the opportunity to donate to this growing source of funding for community benefit," said Mr Hopkins.
"The Foundation's focus is on the future and the kind of community we want to create. It provides the vehicle through which interested Buderim residents can leave their mark permanently on the community in which they have lived."


