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Background The Sabemo Trust was formed in memory of Vittorio Moratelli. He headed the Sabemo group of companies, together with his partners Franco Belgiorno and Carlo Salteri for over 35 years -- the name Sabemo was coined from the first syllable of each partner's surname. The company's success was largely due to a passionate dedication to excellence and the integrity of the man who ran it. His wish to form a charitable trust to support projects that help children is the basis of the Sabemo Trust. Summary of Purpose To continue the memory of Vittorio Moratelli by assisting children and young people. Aims To provide assistance during the unseen period of a child's life from birth until the early years of formal education when a child can be most at risk. To provide assistance by way of early intervention programs which seek to prevent problems or difficulties before they increase in severity. To advocate the interests of young people in the community. Priority Interest The Trust supports projects focusing on children up to 8 years with the aim of providing assistance and early intervention during the unseen period of a child's life from birth until formal education begins. The Trust also supports in a more limited way, projects which advocate the interests of young people in the community. Target Groups Young children; their parents; their families; and organisations who support them through early intervention programs. Geographic Scope Australia Donations Sabemo welcomes donations from members of the public which will be applied exclusively for the purposes of the trust. Gifts over two dollars are tax deductible. Status Sabemo trust has approval under item two of the tables in section 30-15 of the Income Tax Assessment Act 1997 for gifts of two dollars and upwards. D.G.R.Number 466309 Authority to fund raise Sabemo has an authority to fund raise in NSW number, CFN 16897. Legal Limitations Deductibility for Australian Income Tax purposes. Applicants must supply proof of Tax Deductibility. Grant Exclusions The Trust will not fund overhead salaries or equipment unless it is an integral part of an otherwise eligible project. The Trust will not fund personal study; overseas travel; medical research; scholarships; assistance to individuals; or building programs. Annual Disbursement Approx. $250,000 Grant Frequency Once per year in December. Final Lodgement The final date for lodging grant applications 1 October. Application Procedure Applications must be accompanied by a completed cover sheet, which can be obtained from the World Wide Web at www.sabemo.org.au. Change of Use The use of funds may not be changed without the prior approval in writing of the Trustees. Time Period of Grants Grants are for a one-year period with no guarantee of further funding beyond that time. A further application must be made for additional funding. Size of Grants The maximum size of grant is normally $50,000. Meeting & Inspections Trustees may wish to make an inspection or meet those responsible for the day-to-day conduct of the project Further Information Apply to the Honorary Secretary Monitoring & Evaluation The trust requires an evaluation report twelve months after the grant of funds. The report should identify the outcomes and results of the program as compared to the original aims identified in the application. The report should also provide the information required under the grant conditions. Goods and Services Tax Sabemo Trust is a member of Philanthropy Australia. The Australian Taxation Office has issued a private ruling on G.S.T. exemption to Philanthropy Australia for the benefit of its members that a grant made to a non-profit organisation on the following conditions will be considered to be a gift rather than a grant of financial assistance and accordingly, provided there is no additional supply by the non-profit organisation in relation to the payment, no G.S.T. will be payable by the non-profit organisation in respect of the grant.
These conditions are included in all grants made by Sabemo. Criteria Following is a summary list of the criteria used by Sabemo Trust when assessing submissions for funding. Sabemo Trust’s focus is on assisting groups that are concerned with the welfare and development of young children from birth up to the early school years. The projects that are preferred use a community development model where the aspirations of parents and communities for their children are harnessed to maximise opportunities for change. An application does not have to meet all the criteria but must demonstrate the relevance of the project to the Trust’s intentions. Requests for funding will be considered when an applicant can demonstrate that a project can:
Funding can only be given to Deductible Gift Recipients and all submissions must be made using the application form available online at this web site. Funding will not be granted for equipment (except where it is a minor but essential component of a project); building costs; rent; scholarships; medical research or treatment. |
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