It’s not just about personnel and products. Westpac’s employees have actively been volunteering in the community for decades. We have several initiatives in place - directly helping to build capacity in social sector communities.
2018 GiveEasy Not for Profit Innovation Index
Not-for-profits are increasingly prioritising innovation to offset strong competition and find new ways to solve the nation’s social and environmental challenges, according to a new study.
The GiveEasy NFP Innovation Index 2018, reveals an average innovation score for Australia’s NFPs of 66, up from 57.7 three years ago.
The survey of 1000 employees from charities, not-for-profits, schools, clubs and social enterprises measures a range of innovation indicators, including internal collaboration, technology, culture, speed of response and adaptability to change. Technology stood out, while employee rewards and recognition lagged.
Watch the Innovation Index video case studies: Breast Cancer Network Australia; Burn Bright; Thankyou.
Download the 2018 Innovation Index or read the Westpac Wire article.
Culture of giving and matching gifts
We actively encourage and support our people to volunteer their time and skills to support the local community organisations and causes they are most passionate about. Our employees have been actively involved in the community for decades and today, volunteering in the community is embedded in our workplace culture, facilitated by flexible working arrangements.
Matching Gifts is one of our company’s best-loved community programs. Every dollar donated by our eligible employees to Australian-based, registered charities with Deductible Gift Recipient status (DGRs) is matched by Westpac Group. We believe this is one of the most democratic ways of allocating our philanthropic contributions.
Our Matching Gifts program was formed in December 1998 and was the first of its kind among Australian banks. Our Matching Gifts program creates significant value - it is a source of pride for our people; it also helps to build stronger communities by supporting charities right across Australia which deliver important social services to so many people.
The Westpac Foundation
The Westpac Foundation Community Grants provide non-financial support to innovative not-for-profit organisations that have the potential to achieve real change.
Our vision is of a future where every Australian has the best possible chance to succeed in life. 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 and non-financial support. Since 1999, we have granted over $25 million to more than 200 Not for Profit organisations.
We also offer organisational mentoring, a skills transfer program designed to help Westpac Foundation grantees build and drive continuous improvement, innovation, collaboration and long term sustainability.
For more information visit the Westpac Foundation
Westpac Scholars Program
The Westpac Scholarship Program is an initiative of the Westpac Bicentennial Foundation. The Foundation celebrated Westpac's 200th anniversary in 2017 with a $100 million gift to future generations of Australians. With the sole aim of educating and advancing Australians, we'll ensure those with a passion to contribute to our nation's growth and prosperity have every chance to do so.
Discover and connect with the Westpac Scholars who are helping shape Australia's future.
Flare HR provides a comprehensive cloud-based human resources and employee benefits platform to streamline the process while increasing engagement and empowering employees to be better informed about financial services and products.
Flare manages everything from on-boarding of new employees to payroll and performance reviews, bringing together a best-in-class suite of applications to power the process.
For more information visit Flare HR
Westpac Diverse Supplier
We recognise the opportunities our supply chain creates to drive positive social and environmental change. Westpac has committed to increase opportunities in our supply chain for businesses that are driven by a social or environmental mission, or that support people who have traditionally been financially excluded.
Jawun Indigenous Corporate Partnerships
Westpac Group is proud to have been a partner in the creation of Jawun Indigenous Corporate Partnerships in 2001.
Founded in Cape York Peninsula, Far North Queensland, under the leadership of Noel Pearson, Jawun is a community engagement model. Under the model, corporate employees are seconded to Indigenous organisations for an agreed period of time, usually six weeks, to share their skills and contribute to building the sustainability of those organisations.
Success is shared both ways. Aboriginal organisations benefit from the practical assistance provided by the corporate secondees. Corporate secondees benefit from enormous personal and professional growth during their time spent within Indigenous communities.
For more information visit Jawun Indigenous Corporate Partnerships
Davidson Institute and Financial Education
Named after Sir Alfred Davidson, the pioneer of Westpac financial education, Davidson Institute offers a range of money management topics for individuals, businesses, not for profit organisations and community groups.
Whether you’re starting your business, operating your business or growing your business, the Davidson Institute offers a range of money management topics for individuals, businesses, not for profit organisations and community groups.
For more information visit the Davidson Institute
Things you should know
This information is general information only and does not constitute any recommendation or advice. The information is current at 25 August 2017 and is subject to change. It has been prepared without taking account of your objectives, financial situation or needs. Because of this you should, before acting on the information, consider its appropriateness, having regard to your objectives, financial situation and needs. You should also consider obtaining personalised advice from a professional financial adviser and your accountant before making any financial decisions in relation to the matters discussed herein.
Public donations to Westpac Foundation are administered by Westpac Community Limited as trustee for Westpac Community Trust (ABN 53 265 036 982). Westpac Community Trust is a Public Ancillary Fund, endorsed by the ATO as a Deductible Gift Recipient.
Westpac Scholars Limited ABN 72 168 847 041 as trustee for Westpac Bicentennial Trust ABN 35 600 251 071.