04 Oct Final Grant Funding for Gladstone Foundation
The Gladstone Foundation will run a final grant round to help the local community before winding up operations in 2024.
The foundation has provided more than $14.3 million from its trust for social infrastructure and service needs in the Gladstone region since 2011.
Mr Tim Griffin OAM, who is the Independent Chair of the Board of Advice Members for the Gladstone Foundation has stated how the initiative has helped to fund the delivery of an extensive range of projects through their grants program.
“The grants program provides significant funding support for legacy projects to enhance the liveability and sustainability to service thousands of in the Gladstone community,” mentioned Mr Griffin.
“Previous grant rounds have provided funding for the Calliope Rural Fire Brigade Facility Upgrade, South End Curtis Island Community Centre, a purpose built Men’s Shed and a grant to the Salvation Army (Queensland) Property Trust for the construction of two buildings in the Phillip Street Communities and Families Precinct.”
The Public Trustee will provide a final grant round to the Gladstone Foundation to offer another opportunity for local groups to enhance the liveability and sustainability of Gladstone communities. These will go into a trust fund overseen by the Queensland Public Trustee, who is responsible for the investment and distribution of foundation funds.
Queensland Public Trustee Samay Zhousand has recognised and shared his views on the importance of this investment.
“The foundation’s contribution to social infrastructure has provided stability and connection to the community of Gladstone and surrounding areas,” said Mr Zhousand.
“The Gladstone Foundation will be wound down when the Grant Round 8 is finalised. Further details of the grant round will be released later on in the year.”