Grosset Gaia Fund is named after noted English scientist James Lovelock who proposed the Gaia Theory, the inspiration behind the structure of this Fund.
Lovelock proposed that the Earth is a single organism, reliant on the complexity and diversity of its species to maintain ecological health. Gaia is also the name of the first vineyard planted by Grosset in 1986, which set new standards in sustainability at the time and has become recognised as the source of acclaimed cabernet-based wine, Grosset Gaia.
While Lovelock’s theory emphasised environmental rather than human sustainability, these are ultimately, in Grosset’s view, one and the same.
The income stream generated from the Fund’s investments is donated to charitable organisations supporting youth, the arts, research and the environment.
The Fund’s administration cost is minimal. There are no salaries. Consequently, virtually every dollar of income generated reaches the chosen charities.
In 2018-19 period, the Grosset Gaia Fund (an Australian Government listed charity) made donations to the following organisations:
The Wool Wine and Wheat Country Education Fund of Australia. (Clare Valley Region), assisting tertiary students from rural areas.
https://cef.org.au/cef/cef-foundations/sa-foundations/wool-wine-wheat-country-education-fund-clare-valley-region/
Youth Opportunities – leadership program for youth. The fund assisted with the introduction of the program to Clare High School. With the success of the initial program it will now be continued for students in 2020.
http://youthopportunities.com.au/