The Law Society is letting it be known they’re creating a charitable foundation:
At its Annual General Meeting in the latter half of 2012 the members of the Law Society decided to establish the ACT Law Society Foundation as a Centenary of Canberra project. The Foundation is an endowment or accumulating fund: its corpus will never be spent but its income will be used to support Canberra’s charities and other worthy causes. It has been set up under the Capital Region Community Foundation, known as GreaterGood, which itself is an accumulating fund managed by the Public Trustee of the ACT.
The Law Society Foundation will be initially funded by the proceeds of Law Week for the next three years (2013-15 inclusive), and the Council has resolved to match the accumulated funds dollar for dollar. Solicitors and others may contribute directly to the fund. All contributions are tax deductible. Although the Law Society Foundation will start humbly, it will over time grow into something of which the legal profession of the Territory will be proud. It will contribute meaningfully to bridging some of the opportunity gaps within our community.
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