Philanthropy is the rational response to wealth
The Cameron Foundation (ABN 94 746 768 251) was established using the proceeds of the sale of Cameron Systems to Orc Software in 2006. Currently the foundation donates around $600,000 each year to a range of charities primarily in the areas of health, education, human rights and disaster relief.
Most donations are made in July which means that we can publish a draft Annual Report at the beginning of the current financial year. It is updated throughout the year if we make any extra donations but it should be substantially complete in July.
The directors are John, Alison, Donald and Caroline Cameron. John works full time, pro bono, for Talent Beyond Boundaries as part of this global jobs marketplace initiative for refugees - a response to the current refugee crisis.
They transformed their individual success into success for the world as a whole.
They are examples of lives well lived and role models for those fortunate enough to have found substantial material wealth in their lifetime.
Can we really believe that we are living a good life, an ethically decent life if we don't do anything serious to help reduce poverty around the world- Peter Singer
We are delighted that one of our favourite and most effective charities, Hands On Learning, is now part of Save the Children . HOL retains its independence and management team, and now has the resources to scale its proven model around Australia. We have maintained our support through a separate targeted HOL donation to Save.
This year marks the start of two multi year commitments:
In an acknowledgment of the importance of advocacy and policy in all philanthropy we have added support for one of Australia's leading independent policy institutes: Centre for Policy Development.
Lastly, this year we invest a portion of our "corpus" in social impact bonds, all from Social Ventures Australia.
The fund supports a range of charities. Donations to large charities are normally untied and annually recurring. One-off or time-limited donations are also made to certain individual projects.