Queensland Aboriginal and Torres Strait Islander Foundation (QATSIF) has been established to serve Aboriginal and Torres Strait Islander Queenslanders.
QATSIF will:
- fund education, development and employment opportunities for Aboriginal and Torres Strait Islander young people
- contribute to turning around the legacy of mistakes caused by past policies and practices
About the foundation
The foundation was formally launched at Parliament House on 25 November 2008, when the foundation's advisory board was announced.
QATSIF was established with $25.8 million capital, consisting of $10.8 million from the former Aborigines Welfare Fund and $15 million from the remaining unspent funds from the reparations (stolen wages) scheme.
Funds are distributed in partnership with organisations already managing successful Indigenous educational initiatives.
Schools and universities will play a part in recruiting and selecting the scholarship students.
To boost the fund and increase the number of young people the foundation can assist, QATSIF will seek private and corporate sponsorship.
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