Innovative corporate philanthropy empowers staff to give
Independent wealth management firm Koda Capital has launched its own company foundation that empowers employees to become philanthropists in their own right. The Koda Endowment creates an appealing option for staff to structure their giving, building up their philanthropic capital via their salary in a similar manner to how they build up their superannuation - creating a lasting legacy for themselves and the community. Chris Wilson, Philanthropy and Social Capital Partner at Koda, explains how it works.
Read moreHow impact investment is making a difference in global health equity
Impact investing is playing a critical and growing role in the development of medicines to treat ‘neglected diseases’ affecting the world’s poorest and most underserved peoples. These medicines would not otherwise be developed by the pharmaceutical industry, which is primarily driven by financial returns. Here, Mark Sullivan AO, founder and managing director of Medicines Development for Global Health, an Australian biopharmaceutical not-for-profit, describes how this finance model is supporting the development of Moxidectin – a potential gamechanger for the WHO’s roadmap to ending river blindness by 2030.
PA members leading the charge on the double giving agenda
With submissions on the draft Productivity Commission (PC) report due next Friday, 9 February, a strong response from the philanthropic sector will be important to securing the best possible outcomes for the double giving agenda, writes our Executive Director, Policy, Government Relations and Research, Sam Rosevear.
Philanthropy Australia CEO Jack Heath awarded an AM
Jack Heath says he's humbled to be among those to receive an Australia Day Honours this year. Altogether 1,042 people were recognised, with more women than men being included. Amanda Miller OAM and Lisa George, Co-Chairs of Philanthropy Australia, congratulated Jack on behalf of the board and staff. They said the thoroughly deserved honour recognises Jack’s outstanding leadership in building and stewarding for-purpose organisations and his dedicated career of service to Australia over many decades.
Q&A with Penny Dakin, outgoing CEO of ARACY: ‘Philanthropy’s willingness to be brave and bold will be key’
Philanthropy and government have come together to improve the wellbeing and opportunities of children and young people in what could be the largest ever structured collaboration between the sectors in the country’s history. The Investment Dialogue for Australia’s Children is shaping up as an unprecedented, long-term, integrated approach to support young people and their families to thrive – with community and First Nations voices to be at its heart. ARACY - Australian Research Alliance for Children and Youth is acting as the Strategic Convenor of this important initiative.
Where home ownership is a stepping stone to independence
Innovation is so often driven by the insights and passion that come from personal experience and this is the case for Glenn Keys AO and the not-for-profit social enterprise Project Independence. The affordable housing provider was established with philanthropic support and is dedicated to helping people with intellectual disabilities achieve the goal that every individual deserves – the pride and security of home ownership and independent living. The impacts extend beyond bricks and mortar, and Project Independence is an inspiring example of what can be achieved when we reimagine what’s possible.
English Family Foundation named Runner-Up in global Catalyst 2030 Awards
The English Family Foundation has been honoured for its work in supporting social entrepreneurs at a global event, the Catalyst 2030 Awards for Systemic Change 2023. The Foundation was awarded Runner Up in the category of Overall Best Donor last month at the gala event in London, hosted by Princess Diana’s brother, Charles Spencer, the 9th Earl Spencer, at his private residence, Spencer House.