Geoff Wilson and those who have generously agreed to give their time and expertise to make this venture possible feel that they have been fortunate in life. They believe that there are people in our society who, through various circumstances often outside of their control, have not had the same opportunities.
Geoff and the supporters of the Future Generation Investment Company believe they have a responsibility and a desire to utilise their resources to help Australian children that are at risk and are less fortunate.
Whilst the intention of the Company is to provide shareholders with a compelling and attractive investment, the Company has an important ancillary goal of providing a source of funding for Australian charities.
The Company is committed to making a difference to the lives of Australian children with a focus on children at risk and its charitable goal is to provide a source of funding to the Company’s designated charities.
Amounts to Charity
The Company’s intention is to donate an aggregate amount of 1.0% of the Company’s assets to Australian charities each year.
The Company will invest in funds managed by selected Australian fund managers who will forgo all management and performance fees. These forgone fees are expected to be more than 1.0% of assets per annum. A number of other service providers have also agreed to provide their services on a pro bono basis.
The benefit of this pro bono support will allow the Company donate 1.0% of assets per annum to Australian charities with a focus on supporting children at risk. The difference between the forgone fees by service providers, including the fund managers, and the annual donation amount is for the benefit of shareholders.
We are proud to support the following non-profits, to find out more about the programs FGX supports, click here.
“How wonderful it is that nobody need wait a single moment before starting to improve the world.”