Mason Associates is proud to announce its partnership with the 5% Foundation. The purpose of the Foundation will be to build a substantial nest egg capable of making a meaningful contribution to society in future years.Distributions will focus on educational and youth areas in support of people or groups in necessitous circumstances. A further objective of the Foundation is to promote and encourage other businesses to become member organisations and contribute 5% of their profits to the Fund. The Foundation will remain independent with 100% of all donations going directly to its beneficiaries. All work carried out by Director’s, administrative, legal and accounting will be gratis. After much work with the Australian Tax Office it has now granted endorsement to The 5% Foundation as a Deductible Gift Recipient. This means that all donations will be tax deductible. There are two main objectives of the Foundation; – Encourage organisations to become members and contribute to a new philanthropic culture. – Build a substantial and sustainable nest egg capable of making a meaningful contribution to society in future years. 100% of all donations will go directly to its beneficiaries and be allocated to areas including youth, education and people in necessitous circumstances. All work carried out by Directors, administrative, legal and accounting firms is gratis. Organisations currently supported by the 5 Percent Foundation include; Kids with Cancer Foundation, BeyondBlue, OzHarvest, Jarjum College for Aboriginal Kids.