Prosper Coffs Harbour is a not-for-profit company, established to administer three charitable trusts whose core objective is to develop a secure source of funds for important infrastructure in the Coffs Harbour region. The funds from these Trusts will be used to finance cultural and environmental projects across the city that positively contribute to the local community and its culture of diversity.
Prosper Coffs Harbour was established by Coffs Harbour City Council. However, it operates as a separate legal entity, with the members of the company limited by guarantee, subject to all the duties and obligations of a proprietary company as set out in the Corporations Act 2001 (Cth).