About Angel Loop Foundation

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Angel Loop Foundation (ABN: 38 618 764 202) (Foundation) is a charitable Institution (QLD) for the promotion of Innovation and Entrepreneurship in Australia through the achievement of its public benefit in “that innovative ideas generally be carried through to successful commercial fruition” “which is not on beneficial to the public generally but also a direct benefit to a section of the public, being those members of the public with the inclination and ability to make inventions for commercial purposes and invest in them”. 

NOTE: The Foundation is not currently an ACNC-endorsed Charity. More information on our claim can be found here. Regardless of the ACNC decision at that time, the Foundation continues to confess that limiting charitability to merely encouraging entrepreneurs is too remote moreover deficient to acheiving a public benefit (of being carried through to successful commercial fruition) as described in Section 6(1) of the Charities Act 2013.