Investing in the community when investing in the markets
The ORAH Project made its first charitable allocations at the end of June, donating a total of $61,643 to various charities.
The Sydney-based ORAH Fund also generated excellent returns for its investors, achieving its dual investment objectives of beating benchmark returns with lower levels of risk.
Carole Pillemer, director of The ORAH Project, said “We are thrilled at this result after only 6 months of operation. In time, as the value of the Fund grows these donations will increase – in value frequency and number of recipients. We are very grateful to the managers whose philanthropy makes these donations possible, and to the investors who committed early to this worthy cause.”
The ORAH Project donated $37,643 to the JCA, $12,000 to the UIA, $8,000 to the JNF and $4,000 to the ZDVO. Bruce Goldsmith, CEO of JCA commented ” The ORAH Project is an outstanding initiative and an innovative approach to corporate philanthropy.”
The ORAH Project does not require donations from the community. Members of the community are only being asked to invest in this highly compelling fund where the managers generously donate 100% of their net fees. This donation does not in any way dilute investment returns.
For more information please contact [email protected]
or visit www.theorahproject.com.au
