Perpetual awards $6.2m to NFPs

Wednesday, 02 September 2015

    Current

    Investment firm Perpetual has announced the recipients of its new IMPACT Philanthropy Partnership program.


    The inaugural grant model has selected eight charities to receive various sums from a $6.2 million allocation, funded by Perpetual’s philanthropy clients. These charities were selected from applications that demonstrated their “excellence in the areas of governance, leadership, capability and outcomes over the past three years” said Perpetual’s national manager of philanthropy, Caitriona Fay.

    The objective of the grants is to create long-lasting community impact and will fund various programs and services, ranging from a youth education model to the development of a data management platform. The total amount of funds distributed to charities by Perpetual on behalf of their philanthropy clients this year is currently in excess of $85 million.

    The 2015 recipients of the IMPACT Philanthropy Partnership grants are:

    Organisation Project/service Grant amount

    Berry Street Victoria

    The Berry Street Education Model

    $765,430

    Big hART

    Future proofing Big hART: Generating certainty through sustainable self-funding

    $784,000

    Justice Connect

    Expanding not-for-profit law

    $960,000

    National Stroke Foundation

    Enable me: Using adaptive technology to empower people who have had a stroke

    $1,000,000

    Prostate Cancer Foundation of Australia

    Development of “ProstateApp” for android devices

    $100,000

    The Smith Family

    Enterprise information platform

    $979,000

    So They Can

    Tanzania, Babati District, Education and Economic Empowerment Project

    $752,460

    Walter and Eliza Hall Institute of Medical Research

    Australia’s first genome engineering facility

    $900,000

    For more information, see IMPACT philanthropy.

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