Our vision is invest in emerging leaders and practices to help develop a long-term future for the dairy industry
Gardiner Dairy Foundation was established via legislation in Section 65 of the Dairy Act 2000, in partnership with Victorian farmer, processor and manufacturer groups and the Victorian Government, to increase the international competitiveness of the Victorian dairy industry.
Gardiner Dairy Foundation was created with $62m in funding from the sale of assets, including milk brands, as part of deregulation of the dairy industry. The Foundations constitutional responsibility is to maintain the current real value of the legacy. Responsible management of the funds is an ongoing priority as the income produced supports Gardiner Dairy Foundations annual investment in key industry projects. The fund now has $97m under management.
Since inception Gardiner Dairy Foundation has made a significant contribution to important projects that impact the Victorian dairy industry. We have contributed over $60m toward 716 projects. With the inclusion of cash and in-kind contributions from all partners, these contributions have a total value of $162m.
Legal and Constitutional Remit
- To professionally manage the fund and its investment portfolio
- To work cooperatively with industry organisations and stakeholders to improve the Victorian dairy industry
- To foster innovation, enhance capability and act as a catalyst for change
- To provide an independent and flexible source of funding that benefits the industry in ways that may not be possible for other support organisations