The purpose of the MCC Foundation is to further the purposes of the Melbourne Cricket Club.It has power to:
- Acquire, hold preserve and display records, equipment, books and sporting memorabilia.
- Manage, promote and develop the MCC Library and MCC Museum.
- Seek and receive sponsorship.
- Sponsor, encourage and promote the playing of sports.
- Engage in building and other capital works.
- Build, rebuild, refurbish, develop buildings and other amenities for the use and enjoyment of members of the MCC and others.