The development of the Impact Fund has been a significant project for us this year. It is exciting to have completed the planning stage and embark on the next chapter of the journey to support social change.
We were thrilled to have Lenore Taylor, award winning journalist and editor of the Guardian Australia, join ACF donors, Board members, staff and friends from the philanthropy and for purpose sectors to officially launch the fund. Lenore gave an insightful and pertinent commentary on some of the current issues facing us as a nation.
“The Impact Fund is about vision, inspiration and being brave,” said CEO Maree Sidey. “We will take risks, we will back new ideas and we are not shy about advocacy”.
“We will be working together to give a voice to those who don’t have one, to include those who have been marginalized and to fight for the values of our community and the things we know are right.”
The fund has been seeded by generous bequests and will leverage the impact of that giving, by co-funding with donors and funding partners in the social change philanthropy space.
In 2017, along with our regular granting, we will seek out opportunities to grant from the Impact Fund to shine a light on complex issues affecting Australian communities. We will distribute $200,000 a year, in small grants and one large grant through an EOI process. The key focus areas of the fund include:
- Empowering Indigenous communities
- Strengthening democracy
- Tackling inequality
- Safeguarding the environment
The fund was launched at STREAT, a fantastic local social enterprise that exists to stop youth homelessness and disadvantage. By holding our event at their newly opened Cromwell St cafe we funded 50 hours of training for their young people – a great outcome from a wonderful evening!