NDIS Criterion
MEDIA, JOBS & RESOURCES FOR THE COMMON GOOD
NEWS  |  Corporate Engagement, Finance, Good Business, Philanthropy, Politics

New Foundation Links Schools and Business


Tuesday, 28th September 2010 at 12:50 pm
Staff Reporter
The Victorian Brumby Government has provided $1 million to establish a new foundation that makes it easier for businesses to support public education projects.

Tuesday, 28th September 2010
at 12:50 pm
Staff Reporter


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
New Foundation Links Schools and Business
Tuesday, 28th September 2010 at 12:50 pm

The Victorian Brumby Government has provided $1 million to establish a new foundation that makes it easier for businesses to support public education projects.

Education Minister Bronwyn Pike has launched the Business Working with Education Foundation with its inaugural chairman, KPMG chairman Michael Andrew, and says the foundation will encourage businesses to get involved with school communities.

Pike says that in the past, donating to Government schools and supporting building projects was difficult for businesses because of the taxation complexities. 

She says the business community said it needed a simpler, more coordinated system that would allow it to support our schools and fund extra-curricular programs that focus on key areas such as leadership, mentoring, scholarships and transition.

The Business Working with Education Foundation is a registered charitable company and will facilitate donations and build positive partnerships between businesses and schools – which provide more philanthropic support for public education in Victoria.

The Minister says that there are strict guidelines governing the types of business our schools can develop partnerships with – and companies take this social responsibility very seriously.

Pike says to maximise the benefits of school-business partnerships the Brumby Labor Government had developed a Statement of Priorities for Partnerships between Business and Victorian Government Schools.

National tax laws make it difficult for philanthropists to donate to government schools, while independent schools are able to generate tax-deductible donations because they are classified as charitable organisations.
 



FEATURED SUPPLIERS


Brennan IT helps not-for-profit (NFP) organisations drive gr...

Brennan IT

Helping the helpers fund their mission…...

FrontStream Pty Ltd (FrontStream AsiaPacific)

HLB Mann Judd is a specialist Accounting and Advisory firm t...

HLB Mann Judd

NGO Recruitment is Australia’s not-for-profit sector recru...

NGO Recruitment

More Suppliers

Get more stories like this

FREE SOCIAL
SECTOR NEWS

YOU MAY ALSO LIKE

Shining a Light on Australia’s Public Education System

Lina Caneva

Monday, 2nd October 2017 at 8:51 am

Mixed Response as Victoria Moves on Renewable Energy Targets

Lina Caneva

Tuesday, 5th September 2017 at 4:04 pm

Legislation for Long Term Rental Agreements But Sector Sounds Warning

Lina Caneva

Tuesday, 22nd August 2017 at 4:00 pm

POPULAR

Disability Advocacy Group Fights to Restore State Funding

Luke Michael

Thursday, 9th November 2017 at 8:37 am

Red Cross Moves to Wage-Based Fundraising Model

Lina Caneva

Thursday, 16th November 2017 at 8:30 am

New Same-Sex Marriage Bill Looks to Protect Faith-Based Charities

Luke Michael

Monday, 13th November 2017 at 5:25 pm

Donors Looking for a Personalised Experience to Give More – Study

Lina Caneva

Wednesday, 8th November 2017 at 1:43 pm

Write a Reply or Comment

Your email address will not be published. Required fields are marked *


NDIS Criterion
pba inverse logo
Subscribe Twitter Facebook

Get the social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!