In the belief that Australian family life ought to be strengthened and supported for the sake of the nation, and having no living relatives, King and Amy O’Malley directed that the capital and accumulated interest from their estates be used to establish the King and Amy O’Malley Trust Fund and specified that the monies from the Fund were be used to provide financial assistance to students undertaking studies in Home Economics. In 1984, the Victorian Supreme Court determined a scheme of administration for the Fund and declared that it be managed by a Trustee and Advisory Committee.