Investor Type | Firm |
Industries | IT (& TMT) • AgroTech • Food & Beverage |
Investing | Australia |
Investment Range | $2,000,000 - $2,000,000 |
The Vincent Fairfax Family Foundation (VFFF) is a philanthropic organization based in Sydney, Australia, that was established in 1962. They focus on creating a positive impact on Australian society, specifically targeting New South Wales and remote northern areas. VFFF is dedicated to supporting disadvantaged young people to reach their educational and social potential, thereby raising the quality of life and opportunities for rural and regional communities. In line with this, they also aim to bolster the viability of the Australian agricultural sector. Their investment strategy encompasses a commitment to a number of strategic initiatives, including increasing their philanthropic practice's impact. With a strong focus on backing young Australians aged 12-30, they support innovative opportunities that advance the independence, social purpose, and future security of this demographic. They operate across four main focus areas: Decent Work, Caring for the Environment, Contributing to Society, and Exploring Christian Faith and Values. VFFF follows an operating model that includes open grant rounds called 'Backing the Future', which occur twice a year in NSW and QLD for individuals. Meanwhile, grants to organizations are extended by invitation only. The foundation emphasizes open communication and the sharing of learnings to strengthen future work. Until now, VFFF has distributed over $200 million to Australian communities, reflecting a deep commitment to the legacy of its founders, Sir Vincent and Lady Nancy Fairfax. They maintain a strong connection with the agricultural community, recognizing its significance in Australia's prosperity. The foundation limits its investments to a maximum and minimum of $2 million, displaying a focused and strategic approach to philanthropy.