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The region’s most prolific philanthropists have put their trust in a Sunshine Coast foundation dedicated to helping residents in need.
Roy and Nola Thompson have announced that the Buderim Foundation has become the trustee for the Roy and Nola Thompson Charitable Trust, which will provide grants to support those experiencing financial distress in the community.
Buderim Foundation chair Dr Russell Stitz said while the Thompson Trust would remain a separate fund, it would operate the account as it did other investments.
“That is, the investment fund will be preserved in perpetuity with only the revenue being distributed each year,” he said.
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Subscriber only Local philanthropists Roy Thompson and Rod Forrester have reaffirmed that their $11 million pledge towards the Sunshine Coast Stadium expansion has an expiry date. Mr Thompson has pitched in $10m and Mr Forrester $1m towards the expansion on top of $17m from Sunshine Coast Council and $20m from the State Government. However, the project has a funding shortfall of $20m which the federal government has so far been unable to cover. Mr Thompson said he would walk away if the money was not made available at the May Budget. If it s not there, I am out, Mr Thompson said.
Daily this week it planned to open the facility by the end of June. Aerial shot of Wandi Nerida. We are currently working through some remaining requirements with the builder to ensure the building will be fit for purpose to open as a licensed and accredited facility, Mr Barrow said. In the meantime we are raising funds to assist those without financial means to be able to attend the facility. Mr Barrow said the long-term plans for the facility and property were to operate as a residential eating disorder recovery centre . Mr Thompson said he thought with Mr Forbes behind the project it would go .