R.M. ANSETT TRUST
Aviation pioneer Sir Reginald Ansett established the R.M. Ansett Trust through his Will, appointing Equity Trustees as co-Trustee. His express wish was that the income from the Trust be used to assist children to “take their place in life”. This guidance from Sir Reginald placed considerable discretion in the hands of the Trustees to realise his goals.
There are many factors that can influence a child’s ability to “take their place in life” such as education, employment, health, family support, mentors and access to extra-curricular activities and programs. While developing the R.M. Ansett Trust program, the Trustees considered these factors, the issues that had been important to Sir Reginald during his lifetime and researched existing programs for vulnerable children in Victoria.
Each year, around $1m is distributed from the Trust to support school scholarships, an aviation scholarship at Swinburne University and a grants program that has a specific focus on assisting vulnerable and disadvantaged young people, particularly in out-of-home care.