Leading Australian not-for-profit, The Pinnacle Foundation, has significantly strengthened its Board to work towards the goal of doubling its endowment fund.

The organisation provides educational scholarships to disadvantaged LGBT+ youth.

The Pinnacle Foundation was founded in 2009 and funded entirely by individual donors and corporate sponsors. Pinnacle scholars receive cash scholarships to assist them in completing their studies, in addition to mentoring and career advice.

In the last two years, Pinnacle has issued over 50 scholarships around Australia. Now, the organisation wants to help more vulnerable LGBT+ youth in future years by doubling the charity’s endowment fund to $2 million by 2020. This goal will allow Pinnacle to offer more annual scholarships.

Pinnacle has also appointed four new non-executive directors adding senior executives with experience spanning mental health and child protection to professional services and regulatory enforcement.

Paul Zahra, Pinnacle Chair, said, “The Pinnacle Foundation is delighted to welcome four new directors of such a high calibre to the Board, and at such an important time in our development.

“Pinnacle exists to give young LGBT+ students the chance to achieve their full potential, no matter what their chosen filed may be. In order to achieve that, we have engaged the best and brightest at the Foundation.

“With this strengthened Board in place, and following some senior hires to our volunteer executive team in recent months, I’m confident we will succeed in providing financial support, mentoring, and long-term opportunity to more amazing young LGBT+ scholars right across Australia.”

To learn more about The Pinnacle Foundation, click here