Overview of Model

The Meridian Global Foundation is a Charitable Investment Fund based on an endowment model. It pools the funds of supporters and invests these funds with the purpose of creating a sustainable ongoing cashflow to support DGR endorsed organisations into perpetuity. 

This is based on the philosophy that instead of giving a donation direct, that this money is invested first and then the returns from the investment are donated.  This creates a sustainable long term stream of donations.

Initially, a single fund will be created to support the provision of Meridian Scholarships to deserving recipients identified by partner charities.   Scholarship recipients are disadvantaged youth with identified potential or talent requiring financial and/or mentoring assistance to fulfill their potential.

Within this theme, members can nominate preferred charitable causes, projects or potential individuals that meet Meridian’s underlying criteria of being:

• Sustainable
• Ethical
• Empowering
• Innovative
• Inspiring  

The number of scholarships supported would be based on available funds and is initially expected to be about 3 and will be added to as the available investments funds grow. Each scholarship is anticipated to range in value from $1000 to $5000 and may be in kind rather than as a cash scholarship.

Once a year, Meridian supporters meet for their AGM and vote on the % allocation donated to these causes/scholarships. Supporters will be encouraged to nominate worthy charities (consistent with the espoused Meridian values).

These recommendations are finally vetted by the board who then pass on the funds to the respective organisations and are responsible for reporting progress back to supporters.

Goals

To Create $1 million annual sustainable cashflow to donate to charitable causes by 2015

For further information please email us at admin@meridianglobal.org for our information package on the Meridian Global Legacy Fund.