The General Gumala Foundation_Trust
About
The General Gumala Foundation Trust, operating as the Gumala Trust (GIPL), manages funds from the Yandi Land Use Agreement for the benefit of the Banjima, Nyiyaparli, and Yinhawangka Traditional Owners. It acts as a trustee, ensuring resources are stewarded for the long-term well-being and strong future of its Beneficiaries.
Tips for Applicants
Prospective beneficiaries should review the 'Beneficiaries' section of the website to understand eligibility and how to become one. The Trust communicates important updates, including hardship payment opportunities and details for Online Town Hall Sessions and AGMs, via their website news section and Facebook page. Engagement in community consultations is encouraged.
Giving Philosophy
The Trust's philosophy is rooted in the Banjima concept of "Gumala" ("all together"). It emphasizes being a "safe pair of hands" to uphold the best interests and protect the legacy of Elders, ensuring long-term financial stability and resources for its Beneficiaries, extending "not just for today, but for tomorrow, and for many tomorrows to come."
Notable Grants
ACNC Financial History
| Year | Grants Given | Revenue | Total Assets | Net Assets |
|---|---|---|---|---|
| FY2023 | $19.9M | $32.7M | $325.5M | $174.8M |
| FY2022 | $24.1M | $40.3M | $191.0M | $157.8M |
| FY2021 | $24.9M | $42.6M | $194.5M | $155.7M |
| FY2020 | $22.7M | $37.9M | $156.8M | $120.3M |
| FY2019 | $25.7M | $42.9M | $146.2M | $115.2M |
| FY2018 | $9.4M | $15.1M | $111.7M | $98.6M |
| FY2017 | $7.0M | $13.2M | $101.6M | $90.6M |
| 7yr total | $133.7M | Source: ACNC Annual Information Statements | ||
Programs (from website)
Hardship Payment Application
Beneficiaries are invited to apply for hardship payments, distributed by Gumala Aboriginal Corporation and funded from historic underpayments. Information is shared via the Trust's website and Facebook.