Hugh DT Williamson Foundation
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The Hugh D.T. Williamson Foundation was established in 1986, following the death of the founder, Hugh Dean Thomas Williamson (1901-1985). Hugh was a bank manager who rose to the position of chief executive officer of ANZ Bank, a position he held until his retirement in 1961. He maintained a keen interest in the stockmarket and used his profits to support his community interests, which included the Salvation Army and the Victorian Arts Centre Trust.
The Foundation is administered by ANZ Philanthropy Partners. At its inception in April 1986 the Foundation's assets were $4,900,000. By December 2008 this had grown to $25,000,000. In the intervening period, grants by the Foundation totaled 17,271,747.1
The Foundation's purposes are:
- To observe the wishes of the Founder, Hugh Williamson
- To source worthwhile projects in the Foundation's areas of interest
- To assess the feasibility of the Foundation's involvement
- To consult with communities in the projects' locations
- To build relationships between the Foundation and communities
- To build on project successes
- To contribute to community cohesiveness
- To assist economic development
- To encourage partnerships
1: The Hugh Williamson Foundation, Report 1 Jul 2007 to 31 December 2008 (Hard-copy)