Source Business Directory
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.
 




Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers?

Get in touch at news@probonoaustralia.com.au

Get more stories like this

FREE SOCIAL
SECTOR NEWS

Write a Reply or Comment

Your email address will not be published.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



YOU MAY ALSO LIKE

Victorian Opposition Commits to Trial Extending State Care

Luke Michael

Thursday, 14th June 2018 at 5:25 pm

Victoria Takes ‘Exciting Step’ to Reduce Red Tape for Charities

Wendy Williams

Friday, 8th June 2018 at 4:17 pm

More than 80,000 Victorians on Social Housing Waiting List

Luke Michael

Wednesday, 6th June 2018 at 6:10 pm

POPULAR

Iconic Mental Health Organisations Merge To Reduce Stigma

Wendy Williams

Monday, 4th June 2018 at 5:11 pm

Australians Are Giving Less

Wendy Williams

Thursday, 14th June 2018 at 8:00 am

An Update on the Australian Recycling Crisis

Estelle Stathoulis

Tuesday, 5th June 2018 at 8:24 am

The Need for Leadership to Address White Supremacy in the NGO Sector

Luke Michael

Thursday, 14th June 2018 at 8:53 am

Source Business Directory
pba inverse logo
Subscribe Twitter Facebook

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

You have Successfully Subscribed!