This website located at http://fivepercentfoundation.org/ is operated by the Five Percent Foundation Ltd (ABN 79 449 837 519).
By accessing, viewing or otherwise using the Website (including any Content), You accept this Important Information and the Terms.
5% Pledge means a non-binding commitment by a Member to donate at least 5% of their income.
Ethical Investment Fund means our investment account in the Australian Ethical Balanced Fund.
Five Percent Foundation means the Five Percent Foundation Ltd ABN 79 449 837 519.
Important Information means the information found on this page.
Loss means any loss, liability, cost, claim,expense, damage, charge, penalty, outgoing or payment however arising, whether present, unascertained, immediate, future or contingent and whether direct or consequential.
Member means any person who makes a donation to the Five Percent Foundation Ltd.
Terms means the information found on this page, and our Terms of Use and Privacy Policy, in each case as amended or replaced Us from time to time.
We, Us or Our means the Five Percent Foundation Ltd ABN 79 449 837 519.
Website means http://fivepercentfoundation.org/and all subdomains and pages connected with this domain name.
You or Your means the person who wishes to access and use this Website.
The Five Percent Foundation periodically makes donations to the charities listed on the Website.
However, unless otherwise stated, we have no partnership, affiliation, relationship of any kind, or agreement in place with any of the charities referred to on the Website.
We are not liable for any of the acts or omissions of any of the charities listed on the Website.
While we endeavour to select what we consider to be the most effective charities through our own research and through the information available to us from time to time, we make no representations about the acts, omissions, effectiveness, quality, or impact of any of the charities listed on the Website.
Where we make statements or comments about the acts, omissions, effectiveness, quality or impact of the charities listed on the Website, we do so in good faith based on the information available to us, but we cannot guarantee the accuracy of those statements or comments.
Subject to clause 3.2 below, any donation made by a Member to the Five Percent Foundation is a permanent charitable gift, and is not an investment.
Members are responsible for ensuring that their donations are made in the intended amounts.
We will only be required to provide refunds of donations if required to do so by law, or if there has been a technical error caused by the Website.
In all other circumstances, we may, on a case-by-case basis, and in our absolute discretion,agree to provide refunds of donations. If you become aware of any payment error, please email us at as soon as possible.
The 5% Pledge is not legally binding, and does not create any legal obligation for Members to donate to the Five Percent Foundation or to any charity listed on the Website.
Donations of AUD$2 or more to the Five Percent Foundation are tax-deductible in Australia, subject to any change in Australian taxation laws from time to time.
A donation to the Five Percent Foundation is a permanent charitable donation that will not produce any financial return for Members or any other third party.
We make no guarantee or representation about the future financial returns of our Ethical Investment Fund.
While we endeavour to make sure the investments are diverse and secure, there is a risk that the investments will decline in value, particularly in the short term.
As we make no guarantees or representations about the performance of our Ethical Investment Fund, we are not liable for any decline in the value of our investments.
We exclusively distribute money to the charities listed on this page of our website, as amended from time to time.
We reserve our rights to change the list of charities we donate to at any time and without notice.
Roughly every 6 months, we distribute 100% of the profits of our ethical investment fund made over the previous 6 month period, minus inflation for that period as determined by the Reserve Bank of Australia.
Profit means the increase in the value of the investments of the fund, not including capital increases (the amounts donated by Members into the fund).
Roughly every 6 months, after 31 December and 30 June each year.
We provide a mechanism for Members to provide their preferences as to which of the charities listed on our Website they would like the profits on their 5% contributions to go to.
However, while we will consider these wishes, we are not legally obliged to follow the wishes of Members.