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Home World Business

Westpac Foundation to award $800,000 in funding to nonprofits

byCustoms Today Report
21/03/2015
in World Business
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Sydney: In its largest Community Grants program to date, Westpac Foundation will award $800,000 in funding to local not-for-profit organisations.

Not-for-profit organisations can now apply for a funding boost of up to $10,000 each through the Program, with applications open from. The Foundation, in partnership with Westpac, will be supporting local organisations whose innovative ideas make a real difference in their community. Specifically, the grants address social disadvantage by funding organisations that create better futures for youth at risk, people living with disability, Indigenous Australians and people from refugee backgrounds building a new life in Australia.

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It is supported by staff members from across Westpac who have contributed over $270,000 during 2014, enabling the Westpac Foundation to give away more Community Grants this year. Since 1999, Westpac Foundation has been supporting Australian communities through grants worth more than $28 million to more than 300 not-for-profit organisations.

Mr Yetton said, “We are also proud to this year provide Community Grants recipients with nonfinancial support, leveraging the skills and expertise of the Westpac Group for the benefit of our grantees. This will include capability-building opportunities like mentoring and financial education. We know that organisations really benefit and prosper when they have this combined support.”

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