The Crewmen Fund was established in conjunction with the Crewmen App and is dedicated to supporting charitable organisations that align with our value system.
- A percentage of all Crewmen App Premium Membership fees will be donated to the Crewmen Fund.
- The Crewmen Fund gratefully accepts personal and corporate donations.
The Crewmen Fund intends to provide grants to National charities to support their beneficiaries and communities. Donations made to Crewmen will be passed on in full to help charities achieve their goals.*
The Crewmen Committee are responsible for allocating donated funds received to charities from our six focus areas. These organisations are a combination of private and Government initiated charities, which have been selected on their ability to utilise Crewmen’s grants effectively to make an impact.
The Crewmen Fund’s focus areas are:
- Environment
- Health
- Youth
- Disadvantaged
- Resources/Aid; and
- Society.
Within each focus area, Crewmen have identified up to four charitable organisations to which we will consider donating.
Support the Crewmen Fund
Donations Holding and Investment Account
The Crewmen Fund is outsourced to the trustees of the Australian Communities Foundation (ACF).
- The Directors for the trustee of ACF are made up of an independent Board of Directors.
- The Board includes lawyers, accountants, finance experts, community workers, CEOs and company directors.
- The ACF complete all tax returns, accounting and administration for the fund. *The fee for this is 1.2% and is deducted from the pool of donation funds.
All charitable organisations that Crewmen may donate to will have Deductible Gift Recipient (DGR) status. This means all people who make direct donations to the fund, will be able to receive a tax deductible receipt.
The Crewmen committee members are also responsible for approving the investment strategy of the fund.
- ACF’s trustees for the Crewmen Fund have outsourced all investment advisory consulting to BrightLite.
- BrightLite is an independent advisory consultancy based in New South Wales with its own Australian Financial Services License (AFSL).
- The Crewmen Fund Committee agrees to meet once per quarter and/or have ‘circular’ resolutions to discuss the relevance of existing or new potential charities, goals of the fund, percentage distribution of grants to charities and timing of those grants.