The R.E. Ross Trust

From PhilanthropyWiki

Archival:

This page documents an issue, organisation or person of historical significance. The information within is relatively static, and therefore rarely updated.

Name:	The R E Ross Trust
Type:	Private Foundation; Testamentary Trust
Established:	1970
Location:	Melbourne, Victoria
Distribution:	Aproximately $3.5 million annually
Chair:	Mrs Eda N Ritchie
CEO:	Austin Paterson
Website:	www.rosstrust.org.au
Related:	Click here for a list of pages related to this organisation.

Is this your organisation?
Log in to edit if you are a Member, or Contact the Administrators with your amendments.

The R E Ross Trust is a perpetual charitable Trust established in Victoria in 1970 by the will of the late Roy Everard Ross. The Trust is administered by five Trustees who manage the Trust's assets and distribute its income in Victoria for charitable purposes.

The original corpus of the Trust comprised the whole of the Estate of Mr Ross after the deduction of bequests, expenses and probate duties. The assets may not be distributed but must be managed to generate income for distribution. One of the Trust's assets which was part of the original corpus is Hillview Quarries Pty Ltd. The quarry is located at Dromana and provides a significant proportion of the income of the Trust.

Mr Ross provided for the Trust to distribute its income to charities and for charitable purposes and while he expressed a number of wishes as to these purposes, he gave his Trustees the discretion to make all granting decisions.

Mr Ross' wishes were that his Trustees, "having regard to the circumstances prevailing from time to time give consideration to the desirability of the provision of funds for the education and maintenance of foreign students in Australia and for the acquisition preservation and maintenance of national or public parks and particularly the protection and preservation of flora and fauna".

The Trustees have granting policies and support projects which have regard to Mr Ross's wishes. Policies and projects are varied from time to time to respond to changing circumstances and thus enable the Trust's income to contribute effectively to public benefit.

[edit]