Low in­ter­est loan

Benalla Ensign - - News -

The Wil­liam Buck­land Foun­da­tion’s col­lab­o­ra­tion with Be­nalla’s To­mor­row To­day is break­ing new ground in phi­lan­thropy, ac­cord­ing to its chair­woman Sandy Clark.

‘‘As a per­pet­ual char­i­ta­ble foun­da­tion, the low in­ter­est loan we have pro­vided to To­mor­row To­day, to help it pur­chase the Ce­cily Crt prop­erty, re­flects new trends in im­pact in­vest­ing,’’ Mr Clark said.

‘‘The trustees see that the loan will pro­vide on­go­ing so­cial ben­e­fits to the com­mu­nity in that it will as­sist To­mor­row To­day move to­wards a more sus­tain­able po­si­tion and, as such, com­ple­ment the ben­e­fits pro­vided by the grants we give ev­ery year.’’

To­mor­row To­day has been work­ing with the Wil­liam Buck­land Foun­da­tion for five years and in that time $1.2 mil­lion in grants has been com­mit­ted to sup­port the Ed­u­ca­tion Be­nalla Pro­gram.

‘‘We see the Ed­u­ca­tion Be­nalla Pro­gram as one of our flag­ship ini­tia­tives,’’ Mr Clark said.

‘‘It’s built on a strong col­lab­o­ra­tion with the To­mor­row To­day Foun­da­tion and is bring­ing about pos­i­tive change in the Be­nalla com­mu­nity, so it’s fit­ting that we sup­port the Foun­da­tion to take this next step.’’

The Wil­liam Buck­land Foun­da­tion is fo­cused on im­prov­ing the lives of vul­ner­a­ble Vic­to­ri­ans.

It does this through grants that sup­port bet­ter hous­ing, health, ed­u­ca­tion and em­ploy­ment out­comes, and ini­tia­tives that build re­silience and strengthen ru­ral and re­gional com­mu­ni­ties.

To­mor­row To­day chair Sally Gam­ble grate­fully ac­knowl­edged the sup­port of the Wil­liam Buck­land Foun­da­tion through the years and for the loan to pur­chase the prop­erty.

‘‘Our col­lab­o­ra­tion with the Wil­liam Buck­land Foun­da­tion has been a main­stay in our ground break­ing ap­proach to im­prov­ing ed­u­ca­tional out­comes in Be­nalla,’’ Ms Gam­ble said.

‘‘(It al­lows) us to work with or­gan­i­sa­tions, vol­un­teers and fam­i­lies through­out our com­mu­nity, and pro­vides many ben­e­fits lo­cally.

‘‘The pur­chase of Ce­cily Crt gives To­mor­row To­day a per­ma­nent home and some rental in­come to help con­tinue our work in Be­nalla and district.

‘‘The pur­chase wouldn’t have been pos­si­ble with­out this loan.

‘‘How­ever, we are fo­cused on re­duc­ing it down so that the com­mu­nity ben­e­fits of own­ing the prop­erty ac­crue as quickly as pos­si­ble, and we need lo­cal sup­port to make this hap­pen.

‘‘We are com­mit­ted to rais­ing $250 000 to­wards the prop­erty pur­chase.

‘‘With the sup­port of gen- real er­ous donors nearly half of this has been raised so far.

‘‘We en­treat lo­cal peo­ple who have not yet do­nated to talk about the ap­peal with your fam­ily and friends and con­sider how you can help.

‘‘Your in­vest­ment in To­mor­row To­day is an in­vest­ment in the fu­ture of Be­nalla.’’

Be­nalla and district res­i­dents are in­vited to find out more about To­mor­row To­day Foun­da­tion’s work at its an­nual cel­e­bra­tion.

This will be held on Thurs­day, Novem­ber 9 at the Lake­side Com­mu­nity Cen­tre from 5.30 pm to 7 pm.

The board and staff of the To­mor­row To­day Foun­da­tion.

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