The ACME Foundation is a Private Ancillary Fund (PAF) as defined by Australian tax legislation. The trustee of the PAF is Lho La Pty Ltd. (Lho La is part of the Himalayan range and has a historic connection in the eventual conquest of Everest going back to George Mallory in 1922.)
Michael Ellis, Julie and Jeff Wicks are the directors of Lho La and Michael is also the “Responsible Person” as required by the ATO for the PAF.
Jeff and Julie Wicks are the principal donors to the ACME Foundation.
Jeff Wicks is a retired airline pilot now involved in property investment and development to fund the ACME Foundation.
Julie Wicks is a retired business manager now active in animal welfare.
Michael Ellis is the principal of the accounting firm Michael Ellis & Associates, based on the Gold Coast, Queensland.
"We make a living by what we get, we make a life by what we give."