Vincent Fairfax Family Foundation
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Vincent Fairfax Family Foundation
The Vincent Fairfax Family Foundation was established as a charitable trust in New South Wales in 1962, through the generosity of the late Sir Vincent Fairfax, CMG. Vincent Fairfax (1909 - 1993) was a fourth generation Australian who served his country in war and peace. He began his life in rural Queensland, at Cambooya near Toowoomba, and never lost his links with rural life and the land.
In 1962, Vincent Fairfax became the first Fairfax in Australia to establish a family charitable trust, which would later become the Vincent Fairfax Family Foundation. In a note to his family on Christmas Eve 1973, explaining his motivation for establishing the trust, Vincent Fairfax wrote: "This action was taken on the basis that my children are well provided for and, hopefully, in their turn will contribute further assets to this Family pot of gratitude for all the benefits we have received since landing in Australia in 1838."
Since 1962, the Vincent Fairfax Family Foundation has distributed in excess of $100 million to non-profit organizations in Australia, particularly NSW, for public charitable purposes. The Foundation is governed by a board of family and non-family Directors and managed by a small team of professionals.1
Sources
1:Taken from Vincent Fairfax Family Foundation website
