Corporate Funds and Workplace Giving

//Corporate Funds and Workplace Giving
Corporate Funds and Workplace Giving 2017-10-04T13:43:15+00:00

More and more businesses are supporting causes they care about by establishing their own charitable funds.

A corporate community charitable fund provides a variety of benefits including adding value to your corporate social responsibility program and increasing employee engagement, by giving your people the chance to feel good by doing good.

ACF’s model allows your company to give without the administrative burden and demand on your resources and also allows your company and employees to be as engaged or hands-off as you want in grantmaking.

We provide a low-cost, flexible and effective structure to assist companies achieve their charitable giving objectives. We can also set up simple ways for companies to match employee pledges should you wish to double the impact of your giving.

What are the benefits of establishing a corporate fund or workplace giving arrangement?

Here’s just a few:

  • acknowledgement as an employer of choice
  • improved workplace culture
  • enhanced ability to attract and retain quality staff
  • increased workplace morale and engagement
  • build support from your local community and customer base
  • add value to your company’s reputation and brand.

Why choose ACF as your philanthropic partner?

Because we make it easy by:

  • working with you and your employees to create a community investment approach that best meets your company’s mission and value statements
  • providing a one-stop service for easy establishment and lost-cost management of a company branded, national charitable sub-fund
  • professionally managing and distributing your charitable dollars
  • providing you with community and grantmaking research to support your operations anywhere in Australia
  • supporting your triple bottom line reporting requirements
  • using a community based not-for-profit foundation model whereby we operate at arm’s length with all contributions gifted in perpetuity to the community
  • generating regular annual income for distribution, which is not reliant on the peaks and troughs of company performance or cash flow.

How does workplace giving work?

Workplace giving is a simple and effective way for staff to regularly donate to charitable organisations.

It operates under a pre-tax system, which results in an automatic tax deduction for employees, without the need for staff to keep and claim receipts. There is no tax payable on the amount employees forego, and no liability for fringe benefits tax.

Employees pledge a nominated amount to the company’s sub-fund and the donation is automatically deducted from their pay and sent to the sub-fund.

Next steps

If you do not have a corporate community program, now is the time to start!

To discuss your ideas or get further information, please call us on 03 9412 0412 or email admin@communityfoundation.org.au

Corporate Program Profiles

Here are some examples of how other companies are working with ACF to make a difference…

Unico Community Fund

www.unico.com.au

Unico Community Fund

Unico is a Melbourne-based technology consultancy and services organisation. The Unico Community Fund was established to provide a focus for Unico’s community engagement as part of its triple bottom line growth.

The fund allows Unico’s staff to contribute time and money to meaningful community projects in three key focus areas: social disadvantage, the environment and the arts. Unico matches all staff contributions dollar for dollar.

One of the projects Unico supports is the Braybrook-Maidstone Youth Partnership project, run by Melbourne Citymission.

APT Charitable and Conservation Fund

www.aptouring.com.au

APT Charitable and Conservation Fund

A family owned company since its conception in the 1920s, APT is now a multi-brand business with an extensive global portfolio of touring and cruising products still owned and controlled by the McGeary family.

In 2003, the owners of APT, Anne and Geoff McGeary, established the APT Charitable and Conservation fund, as a sub-fund of ACF. The the fund was initially set up to help protect wildlife under threat, however, it has since extended its scope to include humanitarian programs.

A percentage of APT’s profits are donated to the fund which supports initiatives such as:

  • the Mornington Wilderness Sanctuary located in the Kimberley region of Western Australia
  • the Tasmanian Devil Sponsorship Program to the list, to support the protection of endangered species around Australia

Holding Redlich Social Justice Fund

www.holdingredlich.com.au

Holding Redlich Social Justice Fund

Holding Redlich is a law firm with offices in Melbourne, Sydney and Brisbane. Their Social Justice Fund was established as a sub-fund of ACF in 2006.

Around one third of staff and salaried partners contribute regularly through payroll deductions which are matched by the firm. Staff contributions are distributed to community projects assisting disadvantaged youth in Melbourne, Brisbane and Sydney while the partners’ contributions remain in the fund with earnings also going to support the projects.

The fund is currently supporting:

  • Brisbane Youth Services, which focuses on homeless or at-risk young people on the streets in the inner-city area
  • The Southern Teaching Unit of the Ardoch Youth Foundation. Our support provides 15 weeks of intensive support and education for students who are experiencing serious social, emotional, behavioural and/or educational difficulties, with the aim of reintegrating them into formal education
  • Don Bosco House in Sydney, a project of Father Chris Riley’s Youth Off the Streets. The house provides crisis and short-term accommodation for homeless adolescents aged 15-18 years old.