We build infrastructure that makes
philanthropic capital reusable.
Elevate helps community foundations deploy grants as retained assets — so capital recovers and funds the next grant, instead of being consumed in a single pass.
The Problem We Saw
Australian community foundations distribute over $13 billion in grants every year. Almost all of that capital is consumed on contact — a foundation writes a cheque, the recipient spends it, and it's gone.
This isn't anyone's fault. It's how grants have always worked. But it means foundations are trapped in a perpetual fundraising cycle: raise money, grant it, raise more.
We asked: what if the same grant could fund the same purpose — and then come back?
What We Built
Retained deployment infrastructure. Instead of granting cash that gets spent, a foundation buys an asset (like medical equipment), retains ownership, and lets the operating organisation use it. Revenue from usage flows back to the foundation, recovering capital for the next deployment.
Same charitable purpose. Same community benefit. The only difference is whether capital is consumed or preserved.
Elevate handles the operational work — sourcing, agreements, Medicare structuring, quarterly reporting — so the foundation can focus on impact decisions.
Worst case is a grant. If revenue doesn't materialise, the foundation still owns the asset and the community is still served. There is no scenario where the community loses.
Where We're Going
We're starting with medical equipment — a sector where revenue pathways (Medicare billing) are well-understood and predictable. From there, we're expanding to every sector where assets generate community benefit:
Medical Equipment
Diagnostic devices, scanners, monitors. Medicare revenue recovers capital.
Disability Vehicles
NDIS-funded transport. Usage fees return capital over time.
Solar Panels
Community solar installations. Feed-in tariffs recover capital.
Community Housing
Foundation-owned housing. Rental income funds next deployment.
Transport
Community buses. Usage fees recover capital for fleet expansion.
The model is the same everywhere: foundation retains asset, community operates it, revenue recovers capital, next deployment funded.
What We Believe
Capital Should Circulate
Philanthropic capital shouldn't be consumed on contact. When structured correctly, the same dollar can serve the same purpose — and then come back.
Foundations Make Decisions
We don't decide where capital goes. Foundations hold the asset, choose the deployment, and maintain full governance. We do the operational work.
Worst Case Is a Grant
Every retained deployment has a floor: even if revenue doesn't materialise, the foundation still owns the asset and the community is still served.
Our Trustees
As a registered Australian charity, Elevate is governed by an independent board of trustees who ensure compliance with ACNC regulations and oversee all grant approvals. Every deployment is reviewed and approved according to DGR requirements.
Saroshi Ghadamian
Founder & Chair
Technology entrepreneur building infrastructure for reusable philanthropic capital. Background in scalable platforms and institutional design.
Dr. Michelle Chen
Independent Trustee
Former legal advisor to the ACNC with 15+ years experience in charity law and compliance. Previously worked with ACF and multiple private ancillary funds on governance and regulatory matters.
Robert Williams CPA
Independent Trustee
Chartered accountant with 20+ years in nonprofit financial management and audit. Currently serves on three charity boards and has expertise in DGR compliance, financial controls, and endowment management.
Governance & Independence: All deployments are reviewed and approved by independent trustees who have no financial interest in Elevate's operations. This ensures every deployment is structured in accordance with DGR guidelines and ACNC regulations. Trustee decisions are final and binding. Our research is published through IRSA Institute, and our governance infrastructure is powered by Constellation.