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TFFF focuses on supporting work that is locally driven and strengthens rural, regional and remote communities. Photo courtesy of Youth Link Kuranda.
Tim Fairfax Family Foundation Annual Report 2019-2020

Financials

$48m

distributed since inception

$6,149,782

distributed this financial year

$112m

total corpus

The investment of the corpus of TFFF in a diversified portfolio is overseen by Cambooya Services Pty Ltd and JANA Asset Consultants.


Financial and Investment Data


The below values are as at 30 June for the relevant year
2019-202018-19
Portfolio Market Value$111,507,297$121,776,062
Distributions (total for financial year)$6,149,782$5,619,500
Distributable Income (5% of corpus)$6,088,803$5,560,547

The portfolio continues to meet its investment objective of CPI +5% over the long-term. However, the implications of COVID-19 meant that the performance of the TFFF portfolio was negative for the 2020 financial year.

Distributions Since Inception

Since our establishment the TFFF has distributed a total of $48,144,013.

* There was no minimum distribution requirement for the 2008-09 year.

Asset Allocation

Asset allocation as at 30 June 2020.

    The Tim Fairfax Family Foundation is based in Meanjin (Brisbane).