New stream of funding supports sustainable response to eating disorders
The Butterfly Foundation is soon to receive a new stream of funding through the innovative Future Generation Global Company (FGG). FGG is Australia’s first internationally focused listed investment company, giving its investors access to selected global fund managers while allowing them to help to change the lives of young Australians affected by mental illness.
The FGG’s selected fund managers are managing the capital entirely pro-bono. 1.0% of net assets each year are to be directed to nine designated Australian charities including the Butterfly Foundation.
FGG is aiming to transform youth mental health by driving philanthropic investment in three core areas: – Helping the community understand the issue – Investing in the most effective programs and service – Enabling investment in research and development
The Butterfly Foundation is excited to be involved in such an innovative investment initiative that recognises the need to address the significance of youth mental health issues in Australia, especially eating disorders. FGG’s recognition of Butterfly’s leadership and subject expertise supports our work in establishing evidence based treatment options for young people in Australia.
“The funding received by Butterfly will contribute to delivering a sustainable response to eating disorders through an intensive outpatient program for young people,” says Christine Morgan, CEO, the Butterfly Foundation.
“This innovative approach to investment by FGG in social issues is an inspirational example of leadership. It will help make a real difference to the lives of many young Australians.
For more information go to: http://www.futuregeninvest.com.au/Global/
Anyone needing support with eating disorders or body image issues is encouraged to contact the Butterfly National Eating Disorders Supportline on 1800 33 4673 (1800 ED HOPE).