The Westpac Foundation
At Westpac Foundation our vision is of a future where every Australian has the best possible chance to succeed in life. With a heritage dating back 130 years, we invest in enterprises taking a fresh approach to addressing social problems, borrowing the best from business to create more opportunity for Australia’s most disadvantaged.
We are passionate about helping our grantees thrive by forming deep, long-term partnerships and providing financial as well as non-financial support.
Since 1999, we have granted over $25 million to more than 200 Not for Profit organisations and remain steadfast in our goal of being a catalyst for improving community wellbeing in Australia.
Our employees have been actively involved in the community for decades. Today, volunteering in the community is embedded in our workplace culture with a day's paid leave set aside for volunteering, facilitated by flexible working arrangements.
Volunteers often do not want praise for what they do but we believe their efforts should be recognised and have created the CEO Awards. Teams and individuals who volunteer with community and environmental groups can be awarded a $10,000 donation to their favoured community organisation.
Matching gifts is our largest community support program. Westpac matches, dollar for dollar, the generous donations of its employees to any Australian tax deductible charity of their choice. Since 1999 over $34 million has been distributed to approximately 1,700 charities.
Organisational mentoring is a skills transfer program designed to help Westpac Foundation grantees build and drive continuous improvement, innovation, collaboration and long term sustainability.
We know that sustainable change can only be brought about through long term commitment and support. By going beyond financial support, we help provide an environment where positive changes are created and owned by the organisation's people and process.
We first identify the core issues facing the organisation, and then select a team of Westpac Group employees with the right expertise to mentor the organisation through the change process. The result is an increase in the internal capacity and capability of our grantees.