Last Chance for NFPs to Apply for $200,000 in Social Investment Grants
24 July 2017 at 2:00 pm
The 2017 Social Investment Grants by Australia’s not-for-profit banking specialist, Community Sector Banking are open to not-for-profit (NFP) organisations supporting people experiencing homelessness or family violence.
$200,000 in grants available for NFPs
It’s the last chance to apply for Community Sector Banking’s annual Social Investment Grants Program for not-for-profit organisations.
Community Sector Banking themed this year’s grants to support not-for-profit organisations working to build resilience and capability in people experiencing homelessness or domestic and family violence.
Applications opened on 10 July with a total grant pool of $200,000 available for all not-for-profit organisations operating in Australia. They will close at 5pm AEST on 4 August 2017. To apply online now at communitysectorbanking.com.au/grants
Now in its fourth year, the grants program highlights Community Sector Banking’s commitment to improving social outcomes.
Last year, there was an overwhelming response to the Social Investment Grants Program, which focused on reducing homelessness. Homelessness is still a persistent and growing problem across Australia and people who have experienced domestic and family violence make up a large percentage of those seeking homelessness services.
That’s why this year, NFPs delivering projects or programs to build resilience and capability in people experiencing homelessness or domestic and family violence are eligible to apply for grants across two categories:
- Category one: 4 x $25,000 grants
- Category two: 2 x $50,000 grants
Community Sector Banking directly funds the grants program, from an allocated 50 per cent of net profits earned on Social Investment Deposit Accounts (SIDA) and contributions from committed Social Investment Deposit Account holders.
The Social Investment Deposit Account is a simple deposit account aimed at community minded individuals and organisations looking to contribute to social change. Account holders can choose to donate 50 per cent or 100 per cent of the interest earned on their account towards the grants program, showing the power that everyday banking can have on the community.
It’s also certified by the Responsible Investment Association Australasia (RIAA) and a great example of how everyday banking can contribute to meaningful social change.
For more information on the Social Investment Grants and how to apply, visit communitysectorbanking.com.au/grants.