ELTHAM Foundation is committed to the long term financial security and culture of giving at ELTHAM for the benefit of current and future students and their families. The Foundation seeks to foster the spirit of this culture through its members. Members are generally College parents who volunteer their business expertise and knowledge to support the Foundations ideals through active participation.

The Foundation derives its income from business activities throughout Melbourne.  As such, it seeks to build sustainable income streams that benefit the College directly and for the long term.  The Foundation for instance is currently operating profitable businesses in childcare.  It reviews other business opportunities as and when they arise.   In this context, donations, bequests, and membership fees play a critical support role in the Foundation funding its commitment to ELTHAM.