Pinnacle is passionate about enabling better lives through investment excellence. This belief is reflected through Pinnacle’s strong commitment – together with its affiliated fund managers – towards partnering with the Pinnacle Charitable Foundation (Foundation) to drive positive, long term social change. Through building the capacity of excellent Australian not for profit (NFP) organisations, the Foundation is helping to deliver tangible impact within communities across six key causes – identified as critically important by employees and stakeholders of Pinnacle and Affiliates.

Funding Approach

Each relationship is based on a long-term commitment, with all charitable partners carefully selected for their relevance to Pinnacle’s brand values, importance to our employees across Pinnacle and our Affiliates, and their strategic fit with the interests of particular fund managers. We are delighted that the Foundation continues to work so closely and successfully with our Affiliates, to build the capacity and increase the impact of these great not-for-profit organisations.

The determination, resilience and flexibility shown by our partners during the COVID-19 pandemic is extraordinary. Their willingness to see the ‘silver lining’ afforded by the virus’s impact, and the immense sense of commitment and responsibility that each partner feels towards those they support – who are increasingly vulnerable in these difficult times – is both humbling and inspiring”.

IAN MACOUN

The Foundation’s success is built around close engagement and collaboration across the wider Pinnacle Group, with Pinnacle Affiliates actively working with the Foundation to build longterm NFP partnerships. In addition, Affiliates provide investment management services to the Foundation on a pro bono basis. Pinnacle also offers extensive pro bono support, through a wide range of services”.

Mary Jung, Foundation CEO

History and Vision

Established by Pinnacle’s antecedent companies in 1987, including Wilson HTM, Wilson & Co and the Wilson family, the Foundation operates as an independent public ancillary fund (PuAF) registered with the ACNC (Australian Charities and Not-for-profits Commission) and with DGR Type 2 status.

The Foundation has a longstanding mission to foster long-term viability across the not-for-profit (NFP) sector and support the capacity of strategic partners to drive sustainable change in their communities. Together with Pinnacle and Affiliates, the Foundation is building on the 30 year legacy of its forerunners and working towards its vision of a more compassionate, creative and clever Australia.

Partnership Philosophy

In every partnership the Foundation’s aim is to facilitate the delivery of solutions which can be analysed and assessed, strengthened and scaled.

As an early stage backer which frequently offers seed funding to encourage trials and incubate new projects, the Foundation has often been able to invest in the future of young, passionate NFP entities as they seek to have a growing impact within their communities. Many partners have leveraged this initial support, securing further funding from private and public donors to successfully build their long term capacity to drive change.

Partner Support and Selection

In all cases the Foundation provides annual funding of between $20,000 and $100,000 for specific projects and programs, which are approved via a formal application and assessment process. The goal is to build multi year engagements which foster strong and close relationships, and support the ability of selected NFP partners to address often complex social issues.

Affiliates collaborate with the Foundation to donate directly to partners which align with the interests of Affiliates’ employees, clients, investors and business strategies. During the 2021 financial year donations totalling $541,000 were made by the Foundation, increased by a further $230,000 from Affiliates. These funds will primarily support the ongoing efforts of 13 charity partners in FY22, working across Australia to address six broadly defined causes.

Pinnacle’s Backing

With the financial backing of Pinnacle and access to extensive pro bono services across investment management, portfolio reporting, finance, marketing and IT, the Foundation operates with low overheads and high impact.

Its investment strategy aims to provide reasonable capital protection in volatile markets whilst seeking to drive growth over the longer term. Investments are held in a range of suitable products offered across Affiliates, which include funds offering franking credits, monthly income streams, global exposure and a range of non-equity exposed assets. As part of their broad commitment to the Foundation, all Affiliates donate the equivalent of management fee rebates back to the Foundation through cash or additional units in investments.

This access to expertise, insight and market knowledge creates excellent opportunities for the Foundation to enable professional, well governed organisations to deliver impact – through partnerships which allow them the flexibility to focus on their core business.

Shareholder and Investor Engagement

Pinnacle and Affiliate stakeholders are also invited to contribute directly to the Foundation, with 100% of all public donations directed to charity partners. As the Foundation is endorsed by the ATO as a Deductible Gift Recipient (DGR) covered by Item 2 of the table in section 30-15 of the Income tax Assessment Act 1997, eligible donations made to the Foundation over $2.00 are tax deductible. Details of Directors, governing documents and Annual Information Statements can be accessed via the ACNC register.

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Core Focus Areas

Currently the Foundation’s designated areas of focus are the following:

  • Promotion of strong mental health awareness, together with support for prevention and early intervention strategies aimed at reducing mental illness and driving down suicide rates;
  • Support for children from a range of environments who face acute and / or systemic disadvantage;
  • Legal assistance and advocacy for victims of sexual abuse and domestic violence;
  • Capacity building for world-leading medical researchers seeking treatments and cures for children’s genetic diseases and for dementia sufferers;
  • Resources to teach and deliver kindness, community care and resilience in a COVID-19 world; and
  • Commitment to the environment, through a specific focus on supporting a more informed and diversified approach to water management and regulatory frameworks.

Board of Directors

The management and control of the business and affairs of the Company and Foundation are vested in the Board of honorary Directors. The Board provides direction, control and accountability for overall governance, strategy and performance. The Directors delegate day to day duties and responsibilities to the Foundation CEO, to enable efficient and effective operation.

Jonathan Trollip Chairperson

Alex Ihlenfeldt Director

Gerard Bradley Director

Judith Buchan Director

Julie Withey Director

Newsletters

Twice yearly newsletters aim to update and inform donors, employees, collaborators and interested readers about our partnerships and their impact. Find out more about our recent collaborations and commitments through the latest newsletter, available below: