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The Myer Foundation was established in order to award grants in sectors not covered by Sidney Myer's will. The Myer Foundation was endowed in 1992, after Ken Myer died, leaving most of his estate to the foundation. [1] The fund and foundation have been supported by four generations of Myer family members.
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Along with her son Carillo and brother Baillieu Myer, she established; Sidney Baillieu Myer AC [16] (Bails) (11 January 1926 – 22 January 2022) [17] m. Sarah née Hordern. Sidney Baillieu Myer was a co-founder and past president of the Myer Foundation. He was a Trustee of the Sidney Myer Fund from 1958 to 2001 and chairman from 1992 to 2001.
Charity fraud, also known as a donation scam, is the act of using deception to obtain money from people who believe they are donating to a charity.Often, individuals or groups will present false information claiming to be a charity or associated with one, and then ask potential donors for contributions to this non-existent charity.
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One-tenth of his estate went to establish the Sidney Myer Charitable Trust, now known as the Sidney Myer Fund, to continue the tradition of philanthropy begun by its founder. The most famous philanthropic funding was for the construction of the Sidney Myer Music Bowl in the Kings Domain, Melbourne in 1958, which is named in his honour.