Family investment funds secure Good360’s local future
The Australian arm of the US-based Good360 charity group, which is chaired by 2016 Republican presidential candidate Carly Fiorina, has secured the financial backing from a band of prominent family investment funds as it moves towards self-sufficiency.
Eight family investment funds, including the Sidney Myers Foundation, the Snow Foundation and the English Family Foundation, have collectively chipped in $1.5 million to keep the local operation of Good360 running for the next three years. Good360, which connects charities with businesses looking to donate excess stock, was set up in Australia last year by Alison Covington, a former director of public transport company Transdev.
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