The ACT Law Society Foundation was established in 2012 as a Centenary of Canberra project as a visible and enduring expression of the ACT legal profession’s connection with, and concern and support for, Canberra and its charities and worthy causes.
The Foundation was originally seeded with three years’ worth of Law Week profit (2013, 2014 and 2015), matched by Law Society funds. Each year, around September, the Foundation's annual disbursement is paid directly to the President's Charity. The corpus of the Foundation is grown by splitting Law Week profits between the President’s Charity and the Foundation (generally a 50/50 split, up to the disbursement amount). This arrangement ensures that the Foundation will continue to grow, allowing greater disbursements in future.
The total amount in the Foundation as at 30 June 2020 was $99,947.
The President’s charity
Each year, the President of the Law Society nominates a local Canberra charity to receive funds from any charitable events run by the Society (the primary event being Law Week). In 2020, the President’s Charity, ACT Wildlife, received $5,760, representing the Foundation disbursement, plus additional funds from the Law Society in lieu of Law Week profits (Law Week was cancelled in 2020 due to the Covid-19 emergency).
The Society’s annual charity for 2021 is Raw Potential Canberra, a charity which empowers disadvantaged youth by providing non-judgemental support and opportunities for a bright future.
For more information about Law Week in the ACT please visit our Law Week page.
About the Foundation
The ACT Law Society Foundation is an endowment or accumulation fund. The capital is invested and continues to accumulate in perpetuity. The ACT Law Society Foundation has been established within the Capital Region Community Foundation known as GreaterGood. GreaterGood is a facility for people and organisations to create charitable funds. It is a public charitable fund, established by the Public Trustee of the ACT, which holds Australian Taxation Office endorsement as a Designated Gift Recipient. Contributions via bequests have capital gains tax benefits for deceased estates.
Donations to the ACT Law Society Foundation are tax deductible. Contributions can be made via direct credit or cheque, or through the GreaterGood website.
How to make a tax deductible donation
By credit card (up to $5,000): Through the GreaterGood website, selecting “ACT Law Society Foundation” from the drop down categories. The website can accept donations between $2 and $5,000. Tax deductible receipts are issued at the completion of the transaction, and the Public Trustee’s office is automatically advised of your contribution.
By cheque: Make the cheque out to “ACT Law Society Foundation” and post it to GreaterGood, PO Box 221, Civic Square ACT 2608. Please include your postal address so that a tax deductible receipt can be sent to you.
By direct deposit: Make a deposit into the Public Trustee common fund, BSB 062‑920, account number 1003 6944. Use the reference “142760” to specify the donation is for the ACT Law Society Foundation. A courtesy email to firstname.lastname@example.org advising of the deposit will ensure that funds are directed to the correct account and a tax deductible receipt can be sent to you.