Establishing a sub-fund
 The Queensland Community
Foundation (QCF) makes it easy for individuals, companies and
charities to establish a sub-fund. Setting up a sub-fund is
uncomplicated and cost-effective as the trust structure already
exists.
After meeting with the Executive Officer and receiving the
information pack, the individual or organisation will be offered
the opportunity to have a presentation on the full benefits of
being a sub-fund with QCF. This presentation lasts about 40
minutes.
Once the individual, company or charity has decided to establish a
Named Fund they will be asked to provide the following:
- The preferred name of the sub-fund.
- A brief paragraph describing the mission and core business of
the organisation is involved in.
- A plan showing how the fund will be grown in the first five
(5) years.
- A cheque for the initial deposit made out to the Queensland
Community Foundation.
- On receipt of the intial deposit the Trustee will record the
sub-fund in the Trustee's accounts.
All Applications for sub-funds are passed to the QCF
Management Committee for approval.
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