Freemasons Foundation Victoria
Philanthropy - , , Australia
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In 2014 Freemasons Victoria celebrated 125 years of existence, having been formed in 1889. In that year, when the United Grand Lodge of Victoria was established, a fund was set up to look after Freemasons who had fallen on hard times. That fund was called the "Benevolent Fund". In early 2014 the Benevolent Fund, having accumulated over $30m in investments, was, for the first time in 125 years, registered as a charity under the name of "Freemasons Benevolent Fund". In 1989, in order to celebrate the 100th anniversary of the establishment of the United Grand Lodge of Victoria, a group of senior Freemasons established "The Freemasons Public Charitable Foundation" which is a Public Ancillary Fund registered as a Deductible Gift Recipient charity. In a move designed to change the philanthropic direction of Freemasons Victoria, and continue to serve it for another 125 years, both of these funds were recently brought together under a common trustee, Freemasons Foundation Victoria Limited. The directors of Freemasons Foundation Victoria Limited now manage both charities.
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