Australian Cricket Society

POSTED: 12/10/15

Ponting Foundation

The Ponting Foundation is dedicated to doing everything possible to help young Australians and their families beat cancer. It provides funding for a wide range of essential services that comfort and nurture young Australians with cancer while providing emotional support and financial assistance for their family.

Through alliances with some of Australia’s leading cancer charities and research groups, Ricky has used his profile to influence widespread community engagement to raise important incremental funds for specific charity programs, hospitals and ground-breaking research projects engaged in the fight against cancer in Australia’s children and youth.

The Foundation also funds programs that assist in the care and well-being of the wider family unit as they support their child through their illness.

Going forward, funds raised will continue to be used to support young Australians with cancer and their families through a broad range of programs and with a goal of distributing a minimum of 80% of all funds raised.

The Ponting Foundation was established in 2008 as a public ancillary fund covered by Item 2 of the table in section 30-15 of the Income Tax Assessment Act 1997 (“the Tax Act”), to provide assistance to a cross-section of worthy charitable entities and causes throughout Australia which fall within the Foundation’s charter and qualify for income tax deductibility for gifts under item 1 of the table in Section 30-15 of the Tax Act. In addition, eligible recipients of grants by the Ponting Foundation must be endorsed as deductible gift recipients under the provisions of subdivision 30-BA of the Tax Act.

The trustee of the Ponting Foundation is Ponting Foundation Limited (ABN 60 479 686 852).

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