The Mirboo North Swimming Pool Fund
As the redevelopment of the Mirboo North Swimming Pool edges closer, with SGSC including $3.8M of capital expenditure in its proposed budget for 2018, the Community Foundation is pleased to announce its collaboration with the Friends of the Mirboo North Swimming Pool (‘Friends of the Pool’) to launch the ‘Mirboo North Swimming Pool Fund’.
The Mirboo North Swimming Pool Fund will sit within the Community Foundation’s charitable structure and support the Friends of the Pool with the ‘back end’ of their fundraising efforts. As such, the Community Foundation will invest and manage all of the money donated or raised by the community to go to the redevelopment of the Mirboo North Swimming Pool.
One advantage of the Mirboo North Swimming Pool Fund is that it can issue tax deductible receipts to donors who would like to deduct a donation in their annual tax return, as the Community Foundation has DGR status awarded by the ATO.
This structure is not new to the Community Foundation (there is an Education Support Fund and the Chaplaincy and Well-being Fund both of which receive donations for their charitable purposes) but we are delighted to be able to support this key community project through setting up this Fund.
The Friends of the Pool are a charitable organisation that have worked diligently over many years to ensure the continuation and improvement of the iconic Mirboo North Pool, for the benefit of the locals and visitors alike. These efforts have become more intense in past six months as engagement with the SGSC has developed into a process of designing and planning the redevelopment of the Mirboo North Pool (ensuring that the community’s wishes are taken into consideration).
In addition, the Friends of the Pool still have a fundraising target to ensure that the facilities at the Pool will not only provide the local community with a recreational space second to none, but incorporate enhanced facilities which will draw in visitors from across the region.
The Community Foundation hopes that the creation of the Mirboo North Swimming Pool Fund will leave the Friends of the Pool in a position to focus on the redevelopment process as well as the fundraising, secure in the knowledge that the donated funds are appropriately managed and invested in a local community structure with expertise in managing donations and distributions.
Stage two of this collaboration is to follow shortly: there will be an on-line giving platform to allow donors an easy way to contribute to the Mirboo North Swimming Pool Fund, whether that requires a tax deductible receipt or not. Watch this space!