Cottage by the Sea Foundation
The Foundation has been set up to protect and provide for the future security of Cottage by the Sea.
Established in 2011, the goal of Cottage by the Sea's Foundation is to provide a steady and agreed annual income to the operation.
Gifts, grants and bequests that are given in perpetuity are invested by the Foundation, by an independent and experienced investment committee, to generate income through dividends, interest and distributions. In recent years the Foundation has generated enough income to cover our administration costs as well as subsidise some of our program operating costs, and contribute to capital works.
In 2023, we added a sub-fund to the Cottage Foundation to support the increasing costs of running programs for more children. Given the growing need for what we do, some donors have specifically asked that monies are directed to this program sub-fund in order to guarantee future income for programs specifically.
This ability to independently fund costs of Cottage by the Sea ensures that we continue to be here to support generations of children, and their families, into the future. If you would like to contribute to the longevity of Cottage through our Foundation, or would like to learn more, please contact us today. Together, we can help Cottage by the Sea continue to achieve its mission of offering inspiration, fun and opportunity to more children.
All major bequests are directed to the Cottage Foundation unless otherwise directed.
Cottage gives young people the strength of self-esteem, confidence and an aim in life.
You will be helping the young people of the future. We’ll always have poverty and there will always be people who are struggling. But when children spend time at Cottage, they see new opportunities in life and have an idea of a better life ahead.”
Eril Deighton has had a long relationship supporting Cottage by the Sea.
I like the concept of the Cottage Foundation, where money is invested and the interest is used for programs and to purchase equipment.
There will always be equipment needing to be replaced, programs needing to be run and staff needing to be paid, but this model means that the money is used wisely.”
Jan Ferrari has been a long-time supporter of Cottage by the Sea.