Our history

IOOF's history is steeped in helping people regardless of race, religion or gender. Formed as a friendly society in 1846, it was a convenient structure for people who shared a common goal to combine their resources and pursue that objective.

For the founders of IOOF, that objective was to raise funds, via member contributions, to help those experiencing long-term illness. It's fitting, therefore, that the traditions of 160 years ago continue today, through the work of the IOOF Foundation.

Established in June 2002 as part of the demutualisation of IOOF, the Foundation received an initial grant of almost two million shares in IOOF Holdings Ltd (IOOF). Today, the Foundation's investment comprises of shares in  IOOF and funds under management. IOOF continues its support of the Foundation through the provision of administrative services such as a full time staff member, office premises, marketing support and the implementation of a staff giving program.