Keystone Private Foundation

The Foundation provides an innovative platform for business, employees, families and individuals to give with planned purpose.

Many people have a powerful sense of social responsibility and wish to leave an enduring legacy for those in need. It’s with this in mind that we developed the Keystone Private Foundation to provide a progressive and transparent platform for people wishing to give back and connect with worthwhile causes while making a powerful difference.

Our team is committed to delivering beyond the benchmarks in transparency, independence and governance in private philanthropy.

The Keystone Private Foundation draws from extensive experience as trusted advisors, providing services for our private multi-family office clients.

The benefits

Through Keystone Private Foundation, you will:

  • Create a legacy for the future
  • Support your charities of choice
  • Access a simple and tax-effective structure for your philanthropy
  • Grow your philanthropic capital allowing you to make a greater, lasting difference
  • Enjoy peace of mind that the management and care in maintaining and running the fund and donations are in trusted, independent and transparent hands
  • Provide a useful educational experience through a Sub Fund as part of a broader family continuity program

Keystone Private Foundation Launched….

The Keystone Private Foundation Public Ancillary Fund has been launched and can raise funds from the public.

Our General Fund

The core of the foundation is a General Fund where businesses, employees and individuals can make tax-deductible donations. Pooled resources create stronger investment power, therefore larger gifts to make a greater difference. The General Fund will distribute funds to charities that have the greatest need, or the gift will make a great contribution to fulfilling their purposes.

Individual Sub Fund

We provide the option of a personalised Sub Fund where donors can create a lasting individual legacy that will be held separately from the General Fund.

This provides a cheaper and more efficient way to deal with the compliance, governance and administration of a self-managed fund. It provides an educational experience as part of a broader family continuity program.


• Create a legacy for the future

• Support your charities of choice

• A simple and tax-effective structure for your philanthropy

• Grow your philanthropic capital – make a greater, lasting difference

• Peace of mind that the management of the fund and donations are in trusted, independent and transparent hands

Download brochure

Lesa Jackson discusses Keystone Private’s proud relationship with Lady Musgrave Trust

Keystone Private have been regular supporters of The Lady Musgrave Trust, Queensland’s oldest charity supporting homeless women. Lesa Jackson discusses the relationship between Keystone Private and the Trust.

Lessons from Private Family Money Management

Joshua Derrington Keystone Private Wealth

You are not accountable to institutional asset consultants – your liquidity requirements are entirely yours alone, as are your liabilities and your underlying circle of competence.

Truly breaking it down, underlying inflation, your propensity to remain rational, your ability to appoint quality advisors while controlling your ego should be your biggest concerns – not your portfolio’s Beta or its Sharpe ratio.

Are you tactically asset allocated like the Future Fund? No.

Does it matter? Absolutely not.
You aren’t an institutional superfund – do it your way and work on what matters to you, and pick the right people to help you.
It’s a massive advantage, not a disadvantage.

1. Take your time and design a system that suits you.

It’s important to acknowledge there is no one right answer and that everyone’s timeline is different.

“He who holds the gold sets the rules.” Don’t feel any pressure to do anything and don’t be afraid to hold cash as a default.

The stock market could be going vertical right now, it could be plunging. What the market is doing is irrelevant. What your friends are doing is irrelevant.

2. Don’t get on the envy trolley. Your only competition is your ego and inflation, it is not the Future fund or your mate down the road.

Antifragility is the combination of aggressiveness plus paranoia — clip your downside, build competence and conviction, trust your asset allocation, protect yourself from extreme harm, and let the upside, the positive Black Swans, take care of itself.

Source: Nassim Taleb.

3. Identify what you’re good at and how you’re going to use it as a strength.

First, try to establish what you and the people who know you believe you have credibility in doing.

Outsource outside areas of competence and build a framework around you to assess your credibility and that of potential partners, using this to decide on how to divide your capital.

Credibility = proven competence + relationships + integrity

Source: Stanley McChrystal

If you don’t trust your outsourced partners to manage your money, sit in cash; if you do, give them the money and allow them the freedom to do their job within clear boundaries.

Control the controllable

  1. Asset Alocation
  2. Spending (Ego) vs. Saving







Source: J P Morgan

Celebrating 15 Years in business

Just a short note to say – THANK YOU.

Keystone Private is celebrating 15 years in business.

It has been an interesting and exciting journey.  We started with 1 client & 10 staff and have now grown to 40 staff servicing many clients across many diverse businesses.

I thank our professional staff for their support not only to me but all of our clients

Keystone Private has evolved from humble beginnings to now providing finance & accounting, wealth management, property, family continuity, cyber security & now capital raising capabilities.

Our business was built on the principle of transparency, integrity & most importantly, independence, and we believe these principles are still as important as ever.

Thanks to our clients, colleagues, industry participants for your support on the journey so far.

David Jackson

Founder and Managing Director

Keystone Private supporting Lady Musgrave Trust Shelter Her Cocktail Party 2019

Keystone Private in the news in the recent Lady Musgrave Trust newsletter

Keystone Private is very proud of its support and corporate sponsorship of The Lady Musgrave Trust. In its recent newsletter, The Lady Musgrave Trust made various comments, an extract of which is shown below:

“As a not-for-profit organisation, partnerships and supporters enable us to continue to provide accommodation and support services to young women in need. We are always looking for organisations with like-minded goals to work with. The Lady Musgrave Trust enjoys strong and mutually satisfying relationships with its expanding support base. read more

K2 Medical – Is born/Heart Beats Strongly

Brisbane property specialist David Goldfinch has joined forces with financial wizard David Jackson and property veteran Stuart Moody to establish K2 Medical Property. K2 Medical Property is a dedicated health / medical agency focussed on the needs of health professionals. David will be focusing on providing “Institutional” Property/Facilities Management and Development Management of Medical Centres to owners in SEQ.

read more

Keystone Private – Queensland’s leading Multi Family Office

Knowledge with Understanding | Experience with Integrity

We wish to advise that the Keystone Private company has no relationship or affiliation in any way whatsoever with the Sydney based ‘The Keystone Group’.

The Keystone Group is a hospitality business from Sydney and has recently been placed in receivership.

read more

What does High Net Wealth look like in Australia?

The facts about High Net Wealth and what it means to your family.

Many families and individuals are unsure where they fit within the High Net Wealth environment. Most would consider themselves ‘wealthy’ but not ‘High Net Wealthy’, while those in the Ultra High Net Wealth category often say they’re just ‘doing alright’.

Definitions of High Net Wealth and Ultra High Net Wealth can be quite varied and depend on all kinds of factors including what time of year it is, who you ask and whether they are thinking globally or locally.

read more

Feature Article

Keystone Private Family Office -The tenth man principle.

Having recently spent a week in hospital and a further week at home recovering from surgery (not a great start to the year), I have spent a lot of time watching movies, most of which I had already seen.

One such movie is World War Z, starring Brad Pitt. The basic premise of World War Z for those that haven’t seen it is that an infection has spread throughout the world which turns those exposed into Zombies and Brad Pitt’s character is charged with investigating the outbreak to find a cure.

Now, before you bemoan yet another article trying to use a COVID-esque segway to provide relevant, urgency or a call to action and move on to the next article, hear me out.

This missive is not about the problem (being the Zombie apocalypse), rather it is about being aware of the alternative viewpoint.

During his investigations, Pitt’s character has cause to fly to Israel where he finds the city protected by a very large wall which (until later in the movie) is keeping the Zombies at bay and the people safe. Observing the time, cost and effort involved in building the wall, Pitt queries how did Israel ‘predict’ the unfolding Zombie apocalypse?

This brings me to the point of this article.

Pitt’s host points out that they didn’t predict the event, they prepared for it. Such preparation was based on the ‘tenth man principle’. In simple terms, if 9 people in the group (of ten) all agreed on any topic, it was the job of the tenth man to take the opposing view and investigate such.

I am a firm believer that where there is consensus, especially overwhelming consensus, it is foolhardy not to challenge the assumptions behind such consensus and consider alternatives. This process is relevant across the entire spectrum of the family office environment, whether it be:

  • Financial
    • State of the markets
    • Investment proposals
    • Good and bad investments
    • Return expectations
    • Accepted practices
  • Estate Planning
    • Use of testamentary trusts
    • Bloodlines or blended lines
    • Structuring of philanthropic activity
    • Managing expectations
  • Family dynamics
    • Who is the black sheep?
    • Who is or is not going to get divorced?
    • Timing and method of generational transition
    • Next-gen in the business or not

Within the broader family, the advisor framework, industry experts and even the community at large there will always be opinions on the above (and many more topics), often these opinions can lead to an apparent consensus and considered alternatives are lost in the noise.

Please note that I am not suggesting that consensus, whether it be based on professional advice, expert opinion or even just the simple majority is not correct or an appropriate course of action, simply that it is important to take a step back, consider the alternatives and make informed decisions.

Hope for the best, plan for the worst.

By David Jackson