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The Royal Australian Air Force Welfare Trust Fund (RWTF) was established under the Services Trust Funds Act 1947 and is administered in the interests of serving and ex-serving members of the RAAF and their dependants.

The Fund is managed by Canberra based Trustees who are supported by a network of regional representatives, usually RAAF Chaplains, located at each RAAF Base.

The RWTF currently provides assistance to eligible persons by way of low cost loans and grants.  Loans are only available to serving RAAF members and to Reserve members undergoing full-time duty.  Grants are only made in exceptional circumstances.