Funding Principles
The Foundation has a number of areas of interest and within these areas we look to support causes/organisations and projects that possess the following principals and/or criteria:
Innovation and Pro-activity We seek to support programmes that respond to an identified area of need in the community that are presently not being addressed or that take a new approach to problems. Ideally such programmes, if successful, should be able to be replicated in other locations or contexts.
Change not Charity A focus on prevention is one of our main criteria. We endeavour to fund projects that address the causes of problems, rather than treat the symptoms.
Longevity and Sustainability We support projects and programmes that will continue to have an impact over the long-term and beyond our period of support. We also encourage programmes that are able to become financially self sustaining.
Project based and goal orientated The programmes that we choose to fund must have strong and identifiable outcomes and key performance indicators for both short and long term.
Partnerships To maximise the impact of our grants, we look towards organisations that are able to combine our funding with other sources. The ability to leverage financial support from other trusts, foundations, government, business and volunteers is seen as an important criterion.
Administration We look to make grants to organisations that have low administration costs and that have a solid and proven administrative backing. Organisations with a strong volunteer programme are highly regarded.
Low government or institutional support Our preference is to assist organisations that receive little or no government funding and that are not currently the benefactor of substantial philanthropic support.
Bennelong Foundation involvement We try to support organisations that have the capabilities to allow our staff to become involved in their organisation/projects, should they choose.
Exclusions
Areas considered to be a direct responsibility of Government;
General fund raising projects or appeals;
Travel, study or conferences (unless incidental to a project being funded);
Individuals;
Other foundations, trusts and philanthropic organisations to fund their general objectives;
General maintenance or overhead expenses (unless part of a specific project);
Applications with a religious, political or sectarian purpose;
Funding deficiencies |