The Philanthropy & Community Board at The Trust Company has signed-off on the successful 2011 applicants, comprising both one-off grants and multi-year Strategic Partnerships under our new strategy of “Engaged Philanthropy”. Under this new strategy, The Trust Company is seeding several important multi-year Strategic Partnerships in the Program Areas of:
*The Board recently included this additional Program Area after closer consideration of the range of applications received, our perspective gained from our Health & Personal Injury clients, and the important developments in the disability sector such as the National Disability Insurance Scheme.
From a broader social sector perspective, we are also looking at organisations that support social enterprise, innovation and capacity building.
Over 500 applications were received in 2011 totalling $34m in requests. From our discretionary trusts, including The Trust Company Foundation, we have committed over $3m in distributions for 2011 between:
Going forward, we will be migrating to a wholly strategic partnership approach, and will be complementing this initial selection of Strategic Partners with additional members in due course.