We have announced the recipients of our 2013 Community Grants program, an annual program where 10% of company profits are donated to outstanding not-for-profit and social organisations, operating both locally and abroad.
With the announcement of a restructuring of AusAID that will see it integrated into the Department of Foreign Affairs and Trade (DFAT), the head Peter Baxter stand down and a halt to the planned growth of the aid program – effectively stripping it of $4.5 billion over the forward budget estimates – corporate giving has found a new crucial role, and Australian Ethical’s Community Grants program is leading the way.
Charities already find themselves in a challenging funding situation, and with this announcement on the future of AusAID in the climate of post-election uncertainty, we are likely to see an escalated reliance on the generosity, leadership and foresight of corporate givers.
It’s a privilege to be able to provide this essential funding and support to projects and organisations at the forefront of positive environmental and social change – in particular two groups that are currently receiving AusAID funding and are looking at an uncertain future.
Australian Ethical is pleased to highlight the following recipients and projects receiving between $4,000 and $30,000 each:
- 40K Foundation, “40K PLUS”
- Asylum Seeker Centre, “Employment Assistance Program”
- Australian Conservation Foundation, “100% Renewable Ready”
- Communities@Work, “The Yellow Van Food Rescue”
- East Timor Women Australia, “Fair futures for women & girls in Timor-Leste”
- Free to Shine, “Scholarship for girls at risk”
- Inanna inc, “Comforting kids”
- Kokoda Track Foundation, “Lighting up PNG”
- Primary Ethics, “Delivery of ethics classes”
- Street Swags, “80 Street Swags”
For more details on all the recipients, please go to https://www.australianethical.com.au/community-grants
Australian Ethical is one of Australia’s only dedicated ethical superannuation and investment fund managers, and an industry leader in social impact advocacy with one of the highest percentages of corporate giving in the country – particularly for a publically listed company.
The Community Grants program aims to provide support to projects that efficiently deliver tangible outcomes, in line with the Australian Ethical Charter.