The Foundation has developed a set of funding principles that guide how it operates. The Foundation does not run an open grants round and similarly does not consider unsolicited requests for funding.
The Foundation does identify particular areas where it will focus its funding. These decisions are informed by knowledge of issues facing the financial counselling sector, consultation with relevant groups (such as the Representative Council of Financial Counselling Australia) and the Foundation's own research.
Current priorities include: prisons, increasing access for First Nations people, responding to natural disasters, and people receiving payments from the National Redress Scheme.
Grant recipients must be a fund, authority or institution which is charitable and gifts to which have DGR status (as per item 1 of the table in section 30-15 of the Income Tax Assessment Act 97).
knowmore legal service | September 2018
Funding of $540,000 per annum for two years has been provided to knowmore legal service to employ financial counsellors. knowmore legal service is a community legal centre set up to assist victims and survivors of child sexual abuse. The service was established in 2013 in response to the Royal Commission into Institutional Responses to Child Sexual Abuse.
Rural Financial Counselling | November 2018
Large parts of Australia are in drought. Funds of $520,000 have been shared between five rural financial counselling services to provide financial counselling to small businesses affected by the downturn. These rural financial counselling services are in Cooma, Dubbo, Roma, Longreach and Bairnsdale. The funds came from a $500K donation from ANZ, as well as the Foundation's funds.
2011 Fran Manuela
National Debt Helpline | April 2019
The National Debt Helpline is the phone financial counselling service. It is operated by 10 different organisations around Australia. Funding of $1,000,000 has been shared proportionately between them (based on call volumes) for 12 months (1 July 2019 - 30 June 2020). This will allow the services to continue current staffing levels. Without this funding, staff numbers would have reduced as previous funding from an ASIC community benefit payment was exhausted. Some funds have also been provided to Financial Counselling Australia to promote the NDH website. Call volumes to the NDH are increasing year on year.
Townsville Floods | April 2019
Townsville experienced a serious flood event in February 2019, affecting a large number of people and businesses. The Foundation is providing funding for two financial counselling positions for 12 months to help in the recovery effort ($260,000 in total). The positions are with UnitingCare Queensland and the Indigenous Consumer Assistance Network. The funds came from a donation from ANZ ($50K), with a contribution also from the Queensland Government.
2016 Dina Sayers
2014 Phil Powell
First Nations Outreach | July 2019
The Foundation is providing funding of $10,000 per annum for three years to 21 organisations that work predominantly with First Nations people in regional and remote Australia (total funding of $630,000). The grants will be used to support the costs associated with outreach services such as travel, accommodation, materials and in some case presenters. Many of the agencies will increase their outreach services or augment them with additional staffing or resources. A couple of agencies identified that their greatest need was funding to support additional training for their workers so that they can provide a more effective service.