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Inaugural Thompson Fund Grants to support people in need

Sunshine Coast organisations receive inaugural Thompson Fund Grants to support people in need.

Four organisations providing support to people experiencing homelessness and financial distress due to domestic violence and other circumstance on the Sunshine Coast, have received grants totalling $110,000 from the Buderim Foundation Thompson Fund.
Youturn Youth Support received funds to fit out two Tiny Houses which will provide affordable living for vulnerable young people, and support for driver’s license costs for four young people.
SunnyKids Sunshine Coast received a grant to provide assistance to 100 individuals at risk of homelessness due to domestic violence and economic instability.
Ozharvest received money to purchase over 16 tonnes of food to support 20 recipient agencies that provide essential meals for people in need.
Lily House received a grant to provide funding for emergency living and school needs and food support for women and their children in crisis.
These grants are the first to be distributed from the newly established Buderim Foundation Thompson Fund which is the result of a large multi-million-dollar donation by Sunshine Coast residents Roy and Nola Thompson.
The Fund will be held in perpetuity and grants from the fund will be distributed annually to organisations in the Sunshine Coast region that support people experiencing homelessness and other challenges due to domestic violence and financial distress.
The Thompsons are passionate about supporting charitable initiatives on the Sunshine Coast and provided their large donation to the Buderim Foundation because of the Foundation’s proven expertise in managing their existing fund and grants program.
“The Buderim Foundation knows what it’s doing and does it well’, according to Mr Thompson.
The Buderim Foundation was established in 2004 and thanks to strong community support has a $2 million fund that has been used to provide grants to community organisations in the 4556 postcode. To date the Foundation has distributed grants worth almost $637,000 to 83 local communities.
Chair of the Buderim Foundation, Dr Russell Stitz said the Thompson Fund would remain separate from the Buderim Community Fund but would be operated in the same way – that is, money in the funds will never be spent and only the revenue raised from investment will be distributed as grants each year.
As a result of strong community support, the Buderim Foundation is now the sixth largest community foundation in Australia.

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