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50-50 Foundation
Low
Annual Giving
$500K
Grant Range
$10K – $5.0M
Tips for Applicants
Organisations interested in receiving funds should apply to become an 'approved partner' to utilise the 50-50 Foundation's fundraising platforms like '50-50 Charity Raffle' or 'Play for Purpose', rather than seeking direct grants.
Giving Philosophy
This foundation approaches its giving by acting as a fundraising platform, enabling other charities to raise funds through its raffle products. It values leveraging technology and corporate partnerships to provide cost-efficient solutions, allowing partner organisations to focus on their core missions rather than fundraising logistics.
ACNC Financial History
| Year | Grants Given | Revenue | Total Assets | Net Assets |
|---|---|---|---|---|
| FY2023 | $2.6M | $5.4M | $578K | $348K |
| FY2022 | $2.7M | $5.0M | $515K | $338K |
| FY2021 | $2.3M | $4.6M | $449K | $232K |
| FY2020 | $1.0M | $2.4M | $670K | $59K |
| FY2019 | $1.6M | $3.2M | $537K | $-138,576 |
| FY2018 | $383K | $1.1M | $454K | $254 |
| FY2017 | $229K | $631K | $49K | $-22,430 |
| 7yr total | $10.7M | Source: ACNC Annual Information Statements | ||
Focus Areas
educationhealthcommunity
Geographic
AU-National
Recipients
community
Financial Details
Source of Wealth
The foundation's operational funds and the funds it distributes to partner charities are generated through its not-for-profit raffles and charitable lotteries, facilitated by its corporate structure and corporate partnerships.
Board & Leadership
Luke Traini
chair
ACNC
Callum Mulvihill
director
ACNC
Gerard Leyden
director
ACNC
Gerry Leyden
director
foundation_board
John Corry
director
ACNC
Loren Somerville
director
foundation_board
Luke Traini
director
foundation_board
Michael Duggan
director
foundation_board
Sophie O'Connor
director
ACNC
Abby Mackay
other
foundation_board
Marcus Gaffney
other
foundation_board
Melissa Mendoza
other
foundation_board
Monica Appleby
other
foundation_board
Ross Hayward
other
foundation_board
Linked from structured person roles rather than unstructured foundation summary text.
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Data Sources
Profile quality: low
Foundation profile updated: 10 March 2026 (100 days ago)
Website pages scraped: 5
Added: 27 February 2026 (111 days ago)
View on ACNC Register →