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 sustain
ability 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 2015-2016, 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. http://engage.cef.org.au/directory/foundation/1/clare-valley
Room to Read
https://www.roomtoread.org/
Variety Bash
https://www.variety.org.au/sa/?variety_state=sa
Time for Kids
http://www.timeforkids.com.au/
The latest focus of the Fund is on Wine Closure Research. “This is an extremely important and, until now, overlooked subject. The research outcomes have the ability to markedly influence the image and reputation of Australian wine and consequently the employment of young people in rural and regional Australia as well as the economic health of those communities.” said Jeffrey Grosset.