Trust Operation

Strategy - A Phased Approach

The Trust will be launched in two phases:

Phase 1 - Accumulation and fund growth
Phase 2 - Distribution of grants and continued accumulation

Phase 1 - Accumulation and fund growth

This first phase has begun. The initial accumulation target is $250,000. The Trust needs the help of generous Christians and congregations who would like to help reach this goal. There are many ways people can help during Phase 1. See our How You Can Help pages.

The reason the Trustees have chosen the $250,000 capital balance prior to accepting grant applications, is that a capital balance of $250,000 can generate an investment return of over $1000 per month at an investment rate of 5.25% pa. The Trustees see this as a worthwhile starting point.

The growing Trust balance can be checked on the Home page and as the Trust gets closer to the $250,000 Phase 1 target, the Trustees will open the Trust for Grant Applications.

Phase 2 - Distribution of grants and continued accumulation

Once the Trust has accumulated $250,000 the Trust will then be open to receive grant applications. However, the Trust capital needs to keep growing, so continued donations in Phase 2 are required. The larger the capital, the larger the earnings and therefore more support can be provided.

As the Trust moves into Phase 2, the Trustees will establish an Advisory Board, composed of Christians from various congregations, nominated by the Trustees. The Advisory Board will help assess applications, promote the Trust and be ambassadors for the Trust.

It is the Trustees prayer that the Trust continues, Lord willing, for many generations to come. Over time, with God's help, the Trustees believe that this Trust could accumulate millions of dollars to promote evangelism in Australia!