Gumnut Accounts
Start your journey towards structured giving
Gumnut Accounts
Start your journey towards structured giving
A simple way to grow a charitable fund
Establishing a Gumnut Account is an easy way to start your journey towards structured giving.
Simply open an account and make regular, tax-deductible contributions to build a charitable fund. All funds are responsibly invested, meaning your money does good and grows while it waits to be granted out.
What is a Gumnut Account?
A Gumnut Account is an entry-level charitable giving account that allows individuals, families, or businesses to start their philanthropic journey with a lower initial contribution compared to a standard Named Fund. Get started with as little as $500 per quarter. Once your balance reaches $10,000, your Gumnut matures into a Named Fund and you can begin granting.
Gumnut Accounts at Australian Communities Foundation
✓ Tax-deductible donations
✓ 100% responsible investing
✓ Online portal for making and viewing contributions to your Gumnut
✓ All administration, compliance and governance covered by our team
✓ Get set up in 48 hours – no establishment fee
✓ Grow your Gumnut with as little as $500 per quarter or $2,000 per annum
✓ Cost-effective Fund Management Fee
✓ Your Gumnut can be public or private – it’s up to you
✓ All the benefits of joining our giving community, including strategic giving inspiration and networking opportunities with like-minded givers
✓ Tax-deductible donations
✓ 100% responsible investing
✓ Online portal for making and viewing contributions to your Gumnut
✓ All administration, compliance and governance covered by our team
✓ Get set up in 48 hours – no establishment fee
✓ Grow your Gumnut with as little as $500 per quarter or $2,000 per annum
✓ Cost-effective Fund Management Fee
✓ Your Gumnut can be public or private – it’s up to you
✓ All the benefits of joining our giving community, including strategic giving inspiration and networking opportunities with like-minded givers
A Gumnut is a starter account for a Named Fund at Australian Communities Foundation. Not sure if a Fund or Foundation is best suited to your needs? Visit Starting a Fund or Foundation for a comparison or contact us for a conversation about which option is right for you.
Key benefits of a Gumnut Account
Give now, decide later
Receive immediate tax deductions as you grow your Gumnut, and when it matures into a Named Fund, decide where you’d like to give at a time that’s right for you.
100% responsible investing
Your contributions are responsibly invested, meaning your money can both grow and do good while you grow your Gumnut.
Get advice on your giving
When you open your Gumnut, you gain access to our philanthropic expertise. As you grow your Gumnut, we can help you develop a giving strategy.
Build a lasting legacy
A Gumnut is a great way to start building a legacy to support the causes you care about. It can also be a great way to honour a loved one, or get your family involved in giving.
How it works
How to grow your own charitable fund
1
Establish your Gumnut
Choose a name for your Gumnut, set up a recurring donation, and gain access to all the benefits of our giving community. With the option of quarterly or annual contributions, you can get started with as little as $500 per quarter or $2,000 per annum.
2
Build your balance
You can make additional donations at any time and invite others to contribute to grow your Gumnut faster. All funds are responsibly invested, with returns from investments applied to your balance.
3
Give to your causes
Once your Gumnut reaches $10,000 and matures into a Named Fund, we can help you achieve your giving goals and support the organisations working in the areas you care about most.
Get started
or learn more
Contact us for a conversation
Give us a call on 03 9412 0412 or register below to book in your free consult and start a conversation about your giving journey.
More information
Fee information is available here. For more details on getting started, see the Fund Establishment Form.
