CommBank To Deliver $2 Million in Community Grants
18 February 2014 at 9:58 am
Banking giant, the Commonwealth Bank is pledging $2 million in grants for community organisations that support the health and wellbeing of Australian youth.
Applications for the Bank’s 2014 Community Grants are now open and groups can apply for individual grants worth up to $10,000.
Since 2007 the Community Grants program, an annual initiative of the Commonwealth Bank Staff Community Fund, has awarded more than 900 grants totalling more than $7.6 million.
Commonwealth Bank General Manager of Community and Sustainability, Trent Moy said that through the Community Grants program, current and retired Commonwealth Bank staff have helped fund a range of programs focused on the health and wellbeing of young Australians.
“We have been privileged to meet some of the country’s most dedicated and inspiring organisations, which we recognise are investing in local communities and helping young Australians in need,” Moy said.
“This year, our people are delighted to have the opportunity to again support hundreds of community organisations, and we look forward to receiving applications,” he said.
To be eligible for a 2014 Community Grant, organisations must have a program that supports the health and wellbeing of Australian youth and be endorsed by the Australian Tax Office with deductible gift recipient (DGR) status or the Australian Charities and Not-for-profits Commission.
“The Commonwealth Bank Staff Community Fund is Australia’s longest running employee contribution program and the Bank matches staff contributions dollar-for-dollar,” Moy said.
Applications close at 5.00pm AEDT on Friday 14 March 2014. More information and application details can be found here.