The SAM Foundation was established in 2013 as a company limited by guarantee (a company structure used for not-for-profit and charitable organisations), with the purpose of undertaking a significant capital drive for a new expanded art museum and to grow funds to benefit the SAM collection and program.
The SAM Foundation has deductible gift recipient status which provides opportunity for SAM in generating greater philanthropic giving and thereby increasing its capacity to exhibit greater quality works. It is a repository for gifts and bequests made for the long-term benefit of SAM and the broader community.
The foundation’s purpose is to “assist and support the Shepparton Art Museum through fundraising and investment” and to “support the operation and strategies of the Shepparton Art Museum”.