Groote Eylandt Aboriginal Trust
Organisation
On 28 August 1969 Groote Eylandt Aboriginal Trust Inc. was incorporated to act as trustee of the Groote Eylandt Aboriginal Trust and has since received all royalty payments on behalf of the trust. There are approximately 1,600 GEAT Beneficiaries living on the Groote Eylandt and Bickerton Island.
The Trust has two key objectives:
1. Preserve 50% of the royalties for the future of the community and its people for when the mining ends.
2. Allocate 50% of the royalties to charitable purposes that fall into one of the following categories:
- Health - improving the health services and facilities for the people of the community
- Education - to deliver a culturally appropriate education and training programs
- Community - funding programs, events and services that improve the livelihoods of the people
- Employment - providing increased employment opportunities for the people