A new charity is born
Lenity Australia is an independent, not-for-profit, registered charity that provides additional financial support to established projects
Chatswood Community Care Association has changed its name to “Lenity Australia Ltd” and continues to operate in Chatswood. The Association previously operated the Chatswood Community Nursing Home in Victoria Avenue which closed in 2014.
In 1904, Dr W.R. Olver commenced a medical practice at the site when the property was known as “Quarry Lodge”. He renamed the house “Ventongymps” after a village in Cornwall near where he was born. Following his death in 1923, Dr Olver bequeathed Ventongymps for charitable purposes. Kuring-gai Community Hospital opened there in 1927. The hospital became Chatswood Community Hospital in 1965 and closed in 1989. In 1992, Ventongymps re-opened as Chatswood Community Nursing Home,
Lenity Australia supports relief programs which improve the livelihood of people affected by poverty and a range of social issues. It achieves its objectives by providing care and education to the very poor, destitute and homeless and support to the vulnerable, exploited and abused, particularly women and girls.
Lenity Australia will only support compliant relief and care programs in Australia and developing countries that are approved by the Australian Department of Foreign Affairs and Trade.
Finance and Business Strategies
All proceeds from the sale of the nursing home property and bed licences are prudently invested with the interest income being applied for charitable purposes. The funds will not be used to promote a particular religious adherence, a political party or promote a candidate or organization affiliated with any party.
In order to minimise costs and maximise available funds, Lenity Australia has developed a simple business model that:
is administered by a business Manager and voluntary working Board;
sources existing, needy projects that have a history of success, sustainability and meet Lenity's objectives;
provides for funding to be distributed to suitable projects by invitation only;
does not carry out any fundraising activities and is a private ancillary fund.
By utilising this business model, Lenity aims to restrict operating costs to 10% or less of income earned.
In order to maximise the benefits of investments, Lenity has in its portfolio an investment that funds selected enterprises in Asian countries that demonstrate an innovative approach to meet the social challenges of the poor whilst still providing a financial return.
Note to intending project supporters
While Lenity Australia supports the projects on this website, it is a private philanthropic fund that does not seek donations from the public. However, Lenity provides funding to projects both in Australia and overseas which meet the requirements of the Australian Government and are also accredited with the Australian Taxation Office for tax deductibility.