The St Vincent de Paul Victoria Endowment Fund was established in 2007.
This is a separate fund, established with the purpose of building significant capital and its purpose is to preserve bequest capital in perpetuity.
It produces an income flow that can be depended upon for special projects and new initiatives.
General bequests received by the Society are invested in the Endowment Fund and not allocated to day-to-day administrative expenses.
Sound investment strategies ensure the good stewardship of bequests, recognising the intention of those leaving a gift in their will to leave a lasting legacy which will fund works which will improve the lives of those we assist.
Of course, where a bequest is specified to a particular facility such as Ozanam House, or area of work such as aged care, youth support or St Vincent de Paul Conference work in a particular area, then that bequest is allocated as requested.
Phone: 03 9895 5800