Create a Community Group Fund
Secure your charities future by setting up a Community group Fund with Acorn. It’s free to set up and your supporters can donate to your fund at any time during their lifetime or in their will.
Your fund will start earning interest straight away. The interest is compounded until your fund reaches $50,000, after which, a portion of the annual interest is paid out to your organisation each year. Acorn’s fund is professionally managed by Craigs Investment Partners and has historically achieved impressive returns.
Next steps?
Simply complete the Memorandum of Understanding (MoU) below and return it to us. Alternatively, we’d love to discuss further the benefits of setting up a Community Group Fund with Acorn.
See a full list of charities with Community Group Funds here.
We can help you formulate and implement an effective bequest strategy to grow your Community Group Fund.
We’d love to chat with you about how we can help your community group. Book in a time to meet with Campbell Higgins, our Legacy Giving Manager.
“To meet our mission of “Saving Lives At Sea”, we have a need to increase our sustainable income. We envisage that our Acorn Foundation endowment fund will play a significant part in achieving this.”
– Dane Robertson, Operations Manager, Tauranga Volunteer Coastguard
“Our Community Group Endowment Fund supports the refuge to tell our story to potential benefactors, so that we can receive help to provide a safe place to grieve, heal and plan for the future. Some families have bequested gifts to us and might have left us $10,000, and we’re just like, WOW!”
– Hazel Hape, Manager of Tauranga Women’s Refuge
CASE STUDY: Tauranga Women’s Refuge
Tauranga Women’s Refuge is an example of a local charity who have successfully built up their Community Group Fund and are now reaping the rewards. Tauranga Women’s Refuge set up a Community Group Fund with Acorn in 2014. Fast forward to 2023 and they have built the capital in their fund to more than $106,500 — and they have been paid out over $12,700 in recent years.
How did they do it?
They began building up their fund slowly but surely through small regular and one-off donations into their fund. By 2020, they had amassed over $33,000 this way. Then, in 2020, they raised $50,000 via the Ladies’ Long Lunch Tauranga, which they put into their Community Group Fund. This took the fund over the distribution threshold, and later that year they received their first distribution from the fund of $2,145.
