Community Grant clothing charity

Grant For Good

Community Grant clothing charity

To celebrate our 20th anniversary we’ve launched a yearly $20,000 community grant to provide help to projects, organisations and initiatives that promote social inclusion activities, health and wellbeing, sports and other fields that benefit our communities.

The 2021 Winner has been announced, to learn more about the winner, click here.
Please note: Applications for next year will open in April 2022.

 

Assessment Process

All eligible applications will go through an internal assessment and approval process. Please note that applications will be considered on a case by case basis. A committee will be in charge of assessing the applications and nominate five finalists. They key assessment criteria are as follows:

  • The objectives of the Applicant’s initiative/organisation and the impact on local communities and the disadvantaged.
  • The plan for what the Applicant’s initiative/organisation will do with the grant and the number of individuals/groups who will benefit from it.
  • The size of the Applicant’s organisation, its requirement for funding support and ability to generate its own fundraising income.
  • The successful delivery of past projects and initiatives by the Applicant.
  • The support the Applicant is receiving from other sponsors/supporters/financial institutions.

Timeframe

Finalists will be contacted and interviewed by the 31st August 2021. The successful applicant will be announced on the 15th of September 2021 and contacted by email or by phone. An announcement will also be made on Bank of Sydney’s website and social media channels.

For other information, terms and conditions, please check the Grant Guidelines.

Bank of Sydney Community Grant Guidelines

Every community sponsorship will be assessed on the following guiding principles:

A. Eligibility Criteria

  • Applicants must be registered with the ACNC (Australian charities and Not-for-Profits Commission).
  • The organisation has Income Tax Exempt Charity (ITEC) Status and Deductible Gift Recipient (DGR) Item 1 status.
  • Efforts to be focused towards helping/directly benefiting local communities/groups and the disadvantaged.
  • Receive less than 40% of their income from state, federal or local government funding.
  • Have an annual gross revenue of less than $2M.
  • Provide most recent financial statements and Annual Information Statement as submitted to the ACNC.

B. Exclusions

  • Organisations and initiatives with direct links to tobacco or alcohol, negative impacts on health or the environment, or associated with risk-taking activities.
    Initiatives that impact the environment negatively.
  • Organisations and initiatives that support political causes, candidates, events, legislative lobbying or advocacy.
  • Organisations and initiatives supported by conflicting sponsors/significant competitors.
  • Organisations and initiatives that are inconsistent with Bank of Sydney’s values and policies.
  • Organisations and initiatives that expose Bank of Sydney to reputation or financial risks.
  • Organisations and initiatives that conflict with our corporate and/or community Partners.
  • Anything else that Bank of Sydney considers inappropriate or not aligned with its business objectives and values.

C. Additional Information, Terms and Conditions

  • Bank of Sydney Community Grant will be given on an annual basis to one successful Applicant. Assessment will be based on merit and how many people will benefit from this Grant.
  • Successful Applicants are entitled to re-apply for the Grant for up to three consecutive years.
  • Bank of Sydney may stop this Community Grant as deemed appropriate and without any prior notice.
  • The Grant will be paid upon the announcement of the successful Applicant.
  • Successful Applicant agrees that Bank of Sydney can use their logo/name in marketing activities and promotion related to the Grant. (Such as: Announcement, Social Media Posts, etc.)
  • Bank of Sydney may be unable to provide feedback on individual applications. Only finalists will be contacted.
  • Successful Applicant will be announced and posted on Bank of Sydney’s website.
  • Successful Applicant must not engage in any activity that could negatively impact Bank of Sydney and/or its reputation or business.

Assessment Process

All applications need to go through an internal assessment and approval process. Please note that applications will be considered on a case by case basis. A committee will be in charge of assessing the applications and nominate five finalists. Finalists may be interviewed by the Bank of Sydney committee to help with the assessment process.

Main Key assessment Criteria:

  • The objectives of the Applicant’s initative/organisation and the impact on local communities and the disadvantaged.
  • The plan for what the Applicant’s initative/organisation will do with the grant and the number of individuals/groups who will benefit from it.
  • The size of the Applicant’s organisation, its requirement for funding support and ability to generate its own fundraising income.
  • The successful delivery of past projects and initatives by the Applicant.
  • The support the Applicant is receiving from other sponsors/supporters/financial institutions.

Timeframe

Applications will open on the 20th of April of each year and will close on the 20th of July of each year. Finalists will be notified and interviewed within 4-6 weeks of the application’s closure date (by no later than end of August of each year). Successful Applicant will be announced by the 15th of September and contacted by email or by phone, and will be announced on Bank of Sydney’s website. Bank of Sydney may require more information from the successful Applicant.