Westpac Foundation increases the impact of its grant-making by inspiring professional growth

FROM THE JUDGES:

Changemakers Summit and collaborations with philanthropy and other corporates is a real winner for society.”

KEY RESULTS + FEATURES

  • The ‘Changemakers Program’ led to a 347% growth in volunteering
  • 99% of Westpac employees found volunteering rewarding, 85% found it contributed to professional development and 91% felt more engaged in their role at Westpac
  • In 2019, ten new philanthropic co-funders were attracted to invest a total of $2.31 million across five community organisations

 OVERVIEW + HIGHLIGHTS

  • Westpac Foundation provides funding and programs to support social enterprises and community organisations creating jobs and opportunities for those who need it most. Its mission is to change 100,000 lives for the better and create 10,000 jobs by 2030
  • Westpac Foundation’s Changemakers Program offers grant recipients and community partners access to a wide range of skills and resources. The approach fosters embedded and long-term partnerships with organisations to increase financial sustainability and social impact
  • The Changemakers Summit is an annual event, uniting 120 community partners/social enterprises with volunteers for a two-day program of knowledge sharing, capacity building and networking
  • 100% of Summit participants agreed that it had helped develop their skills and/or increase their knowledge and 90% said it provided meaningful engagement with community organisations
  • Westpac offers all team members one paid annual volunteer day and employees are encouraged to talk to their managers about pro bono time that contributes to career and professional development
  • Westpac Foundation has set a goal of achieving 50,000 pro bono hours by 2030
  • A new development, led by the Westpac Foundation, is the formation of the Pro Bono Employee Action Group. This employee-led group connects with pro bono opportunities to build skills, share learnings, and measure collective impact