April 07th, 2015
Australian environment groups are looking more and more to philanthropy to help fund green projects as government funds come under increasing pressure.
Greening Australia recently secured more than $1 million of private funds for Australia's largest river restoration project in the Tasmanian Midlands and expect the trend will continue.
The Ian Potter Foundation, the John Roberts Charitable Trust, Pennicott Wilderness Journeys and Targa Australia, provided well over $1 million of the $6 million project, which is expected to significantly change the Midlands landscape.
Trustee from Deloitte, Steven Hernyk says Mr Roberts saw the trust as way of "giving back" to farming by providing environmental education to young Tasmanians.
"Philanthropy in Australia is growing," he said.
"The organisation Philanthropy Australia is relatively new, it's quite active in promoting philanthropy in Australia."
One of the challenges he said, is finding not for profit groups with goals that match that of the donors.
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The Australian Government has announced a review of the Australian Charities and Not-for-profits Commission (ACNC) legislation.
Advocacy & Insight Manager, Krystian Seibert, outlines Philanthropy Australia's engagement with the review.