The Sidney Myer Fund (SMF) and The Myer Foundation (TMF)
The Sidney Myer Fund and The Myer Foundation are two separate philanthropic entities of Myer family philanthropy. They are both managed by the same team and have separate but complementary philanthropic programs and activities.
Sidney Myer, a generous philanthropist in his lifetime, left a portion of his estate upon his death in 1934 to be invested for the benefit of the community in which he made his fortune. That act created the Sidney Myer Fund which exists in perpetuity and annually distributes income from the fund.
The Myer Foundation was established in 1959 by Sidney Myer’s sons, Kenneth Myer AC DSC, and Baillieu Myer AC, as a way to support initiatives and new opportunities arising from contemporary issues. The Myer Foundation was endowed through Kenneth Myer’s estate following his death in 1992.
The Sidney Myer Fund and The Myer Foundation continue the legacy of Myer family generosity, through members of four succeeding generations of the Myer family who give in many ways to make significant and lasting changes in our society.
Further information can be found at: www.myerfoundation.org.au