About the Foundation
Previously known as the Centenary Development Foundation, we are a Religious Charitable Development Fund operating under an exemption to the Banking Act 1959 issued by the Australian Prudential Regulation Authority. Established in 1983 with $125 from its founders, the Churches of Christ Foundation has responsibly managed up to $105 million on behalf of investors who are inspired by our mission and the care we provide to those who need it most.
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Where your investment goes
Condition 11 of Banking Exemption No. 1 of 2021
Churches of Christ in Queensland, Churches of Christ Foundation (the Fund) is not prudentially supervised by the Australian Prudential Regulation Authority. Therefore, an investor in the Fund will not receive the benefit of the financial claims scheme or the depositor protection provisions in the Banking Act 1959. Investments in the Fund are intended to be a means for investors to support the charitable purposes of the Fund.
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