The Myer Family has a long heritage of active philanthropy which commenced during Sidney Myer’s life. That involvement was formalised with the establishment of the Sidney Myer Fund in 1934 and The Myer Foundation in 1959. Both the Sidney Myer Fund and The Myer Foundation carry forward the family’s ongoing commitment to philanthropic giving. This depth of experience is now available to clients via MF Philanthropic Services.
The establishment of a family foundation, such as the increasingly popular Prescribed Private Fund, is one ingredient in the “glue” which bonds families together. Studies in the US and Europe have found that the benefits to families who have a common charitable outlook are multi-faceted and that it can often help heal family tensions and be a good introduction to financial management for younger family members.
If you would like to discuss your philanthropic plans, please speak to one of the members of the MFO team listed on the Contact page.
Or if you would like to learn more about the philanthropic activities of The Myer Foundation or the Sidney Myer Fund, including what they fund and how to apply for a grant, please visit www.myerfoundation.org.au or contact Christine Edwards, Chief Executive Officer, on 03 9207 3040.