SecondBite exists to provide access to fresh, nutritious food for people in need across Australia. We do this by rescuing and redistributing surplus fresh food, building community capacity in food skills and nutrition and advocating for an end to food insecurity.
To deliver on our mission to provide fresh, nutritious food to people in need, and offer preventative solutions to reduce dependence on emergency food relief through education, confidence and community connections, we need to plan for the future. Welfare agencies, families and individuals have come to rely on SecondBite. We have a responsibility to ensure our service can continue in good times and bad.
The need for our service has never been greater. SecondBite's 2009 recipient survey revealed that 42% of agencies providing food relief to people in need had seen more than a 50% increase in demand for their services in the last 12 months, and 72.4% reported an increase of 25% or more. As our services have a multiplier effect in the welfare community, allowing our recipient agencies to redirect precious funds away from purchasing groceries and into their core services, there is even more reason to secure the future of our services.
It was for these reasons the SecondBite Future Trust was established in June 2008 thanks to a generous donation made by Geoff Handbury, who pledged $100,000 per annum for the next five years. The Future Trust will provide funds in perpetuity, enabling SecondBite to meet future demand for its services with financial confidence.
Monetary gifts made to the Future Trust will assist SecondBite to become self-sufficient and avoid the need for continual fundraising activities, allowing staff and volunteers to focus on our core purpose.
All funds contributed to the SecondBite Future Trust are invested in blue chip investments in perpetuity. The investments are overseen by the Investment Committee, made up of mature investment professionals.