Advice & Education
NATIONAL AUSTRALIA BANK
Impact Investment Readiness Fund February 2015 http://cr.nab.com.au/what-we-do/nab-impact-investment-readiness-fund
The fund was established to provide mission-driven organisations with targeted advice and support to help them secure investment for scaling up their social or environmental impact.
The fund has been created in recognition of the potential of impact investing to change the way Australia addresses social issues and the important role that access to capital can play in delivering better outcomes for people and communities.
It aims to bridge the gap in the Australian market that exists between mission-driven organisations in need of funding and investors actively seeking impact investment opportunities.
SOCIAL VENTURES AUSTRALIA
Venture Philanthropy Fund April 2015 http://socialventures.com.au/news/first-wa-venture-philanthropy-fund-launches/
The fund is designed to connect strategic philanthropists with a portfolio of high impact organisations tackling some of the most complex issues facing WA. The portfolio will be managed by Social Ventures Australia (SVA).
Venture philanthropy is a hands-on approach that aims to increase the social impact of organisations and initiatives by providing a combination of funding and capacity building support. This can include providing advice and expertise on business strategy, measurement and evaluation of impact, or opportunities to access new supporter networks.
UNIVERSITY OF WESTERN AUSTRALIA’S CENTRE FOR SOCIAL IMPACT
Mustard Seed May 2015 http://www.mustardseedimpact.com
Mustard Seed is a global network of investors that look for, invest in, and incubate early-stage companies with the potential to generate significant positive social and environmental outcomes. Co-founded by Alex Pitt and Henry Wigan in 2013, Mustard Seed addresses a rising appetite for entrepreneurship and socially-minded enterprise among graduates and others.
SIIWA / SPACECUBED
The Spacecubed Intensify Scholarship provides support for entrepreneurs in the early stage of their idea development. Every three months a new group of entrepreneurs is selected to use Spacecubed to rapidly move their idea forward and gain access to Spacecubed’s networks, community, mentors and space. The Intensify Scholarship is for all entrepreneurs in the early stage of the development of their project.
COLLECTIVE GIVING IMPACT GROUPS
Impact100 WA was the first international adaptation of an American concept, launched in May 2012 with GivingWest and the Governor of Western Australia. There are now four active Impact100 groups in Australia: WA, Fremantle, Melbourne and South Australia as well as other new collaborative giving circles (modelled on Impact100) that have to date distributed close to $1.5 million.
Impact groups gather at least 100 people to donate $1000 each, annually, and then pool their contributions to make large impact grants that are collectively chosen by the donors at an annual Grant Awards dinner. Over the past 3 years, the Impact100 named groups have collectively distributed $617,500.
Impact100WA aims to provide high-impact grants that reach under-served populations, raise the profile of deserving but lesser known Not-for-Profit organisations, highlight unmet needs in our region and increase involvement in philanthropy across Australia. It has granted $390,000 since May 2012.
Impact100 Fremantle aims to empower a local charity to dream bigger through impact grants to local charities and projects. It has raised $230,000 for local community organisations in the past two years.
YoungImpact100 provides a fun and supportive environment and enables each individual to experience the many positives of giving back to the community. Children and teenagers between the ages of 6 and 18 are eligible to join, with their parents’ permission, to contribute $100 in cash towards the chosen charity. The August 2014 grant event raised $3225 toward tackling youth homelessness.
100Women is a giving circle, which enables everyday people to be involved in creating a world where all women and girls can live safely with access to health, education and economic freedom. People donate $1,200 annually and funds are then pooled to provide impactful grants.
THE FUNDING NETWORK
A non-profit organisation, part of a global network, TFN hosts live collective-giving events. Four social entrepreneurs running grassroots non-profit organisations pitch for funding from the audience at each event.
PerthSOUP is a micro-granting dinner celebrating and supporting creative projects in Perth. For a $10 donation at the door, attendees receive soup, salad, bread and a vote and hear from four presentations ranging from art, urban agriculture, social justice, social entrepreneurs, education, technology and more.
THE MERIDIAN GLOBAL FOUNDATION
Founded in 2005 by a group of Perth based business people looking for a way to connect with likeminded philanthropists and give something back to their community, Meridian has raised over $150,000 through fundraising activities and created many lasting professional relationships and friendships. In 2013 alone they raised over $50,000.
The Give2Good Foundation is a Western Australian community foundation. The ‘Give2Good Public Ancillary Fund’ and the ‘Give2Good Charitable Fund’ are umbrella funds for people wanting to give to charity over an extended period, either during their lifetime or after they have passed away, without needing to set up a philanthropic structure of their own.
The Fremantle Foundation is an independent, Not-for-Profit community foundation whose central role is to encourage philanthropic giving in the area of Fremantle. They provide specialist fund management and grant making expertise to private and corporate donors wanting to contribute to the area’s social and cultural development.