Our Funding Focus & Approach
The Foundation’s key focus is on enhancing the financial wellbeing of individuals, families and communities.
We aim to do this by seeking to partner with organisations that are addressing the barriers to financial wellbeing through education, employment, health-based and/or social welfare initiatives.
Why? According to the 2018 National Financial Capability Strategy, more than one in three Australians find dealing with money stressful and overwhelming. The Australian Government has also reported that a third of Australian households have been financially impacted by the COVID-19 pandemic. This makes it timely for us to provide individuals, families and communities with the support, skills and knowledge to strengthen their overall financial wellbeing.
The Greater Charitable Foundation funding round process has altered to support feedback received from charitable organisations and to align with equitable best practice identified within the sector as a whole. There is no longer an open funding round for applications. Charitable organisations are instead invited throughout the calendar year to submit an application based on their capabilities, needs and alignment with the Foundation’s vision and mission.
Eligibility & Partner Commitments
All charitable organisations approached by the Greater Charitable Foundation to apply for funding must read through the Eligibility and Partner Commitments documents.
The Greater Charitable Foundation can only fund Deductible Gift Recipients (DGR) where the “Provision for gift deductibility” is “item 1 of the table in section 30-15 of the Income Tax Assessment Act 1997”.
Steps to apply
Step 1
The Greater Charitable Foundation will approach charitable organisations which they believe align with the Foundation’s vision and mission, and who are working to address the barriers to financial wellbeing.
Step 2
The charitable organisation will be asked to prepare a Letter of Inquiry (LOI) document, no more than two (2) A4 pages long, outlining their proposed program.
Step 3
If the LOI is aligned with the Foundation’s key objectives, the charitable organisation will be asked to submit a more detailed second stage proposal document and potentially be invited to present to the Foundation Board.
Step 4
Successful organisations will be invited to partner with the Greater Charitable Foundation for a period of up to three (3) years.
Exclusions
- Activities viewed as the responsibility of government;
- Programs with a religious, political or lobbying focus;
- Organisations which have not acquitted previous projects funded through the Foundation;
- Requests for sponsorship (view the Greater Bank Sponsorship Guidelines);
- Grants directly to individuals including – funds for personal travel, study or conferences; personal living, education or medical expenses; equipment for personal use; expeditions or overseas travel;
- Capital grants for the purchase, construction or refurbishment of buildings; renovations, fit-outs, office equipment etc;
- Programs based outside of Australia;
- For-profit programs or activities; however social enterprise can be considered under the Foundation's charter;
- Funding to other corporate foundations, trusts or philanthropic organisations;
- Activities which collect funds for subsequent redistribution to other charities or individuals;
- Endowments, memorials or named academic chairs;
- Programs in a school setting (note – funding would only be considered for programs based in a school setting where there are established relationships/partnerships and a track record of success)
- Auspicing* is not permitted;
* Auspicing refers to the practice of an ineligible organisation (one that does not have DGR and TCC status) applying to the Foundation via an eligible organisation. Auspicing arrangements are excluded under the Foundation's guidelines. The organisation applying to the Foundation must be the organisation that will run the project or program for which a grant is being sought.
Contact Us
Write to us
Greater Charitable Foundation
103 Tudor Street
Hamilton NSW 2303
Email us
Email us at foundation@greater.com.au