Establishing a sub-fund
For donations or gifts in will of $500,000 or more, the NFMRI can establish a named sub-fund. The Foundation will manage these investments (in perpetuity) making a minimum distribution of 4% of the asset value each year. Sub-funds can be established to support our mission to advance medical research and innovation, providing flexibility to:
- Nominate diseases or conditions of particular interest to the donor and their family;
- Support research in a particular stage (or portfolio) along the innovation pathway;
- Give preference to a type of innovation (e.g. medicines, vaccines, diagnostics or devices); and
- Be named to support an ongoing legacy.
It is also possible for NFMRI to engage with donors and family members.