The Macquarie Group Foundation – one of Australia’s largest corporate benefactors – has announced the establishment of the Macquarie Group Foundation Social Innovation Award. The Award – a $100,000 grant – will be provided to an Australian not-for-profit organisation or program that addresses an unmet community need.
Announced last night at the Foundation’s 25th anniversary celebration in Sydney, the Macquarie Group Foundation Social Innovation Award will recognise, promote and reward ideas that work to meet pressing social needs, alleviate disadvantage and encourage social inclusion.
The recipient of the Macquarie Group Foundation Social Innovation Award will receive $100,000 over two years to fund further investment in, or development of, their program. It will be awarded bi-annually.
The Macquarie Group Foundation Social Innovation Award applications are open from today, 23 September, and will close on the 29th of October. The winner will be announced in December 2010. Award application, criteria and eligibility can be found on www.macquarie.com/foundation.
The Macquarie Group Foundation commemorated its 25th anniversary last night in Sydney, celebrating more than two decades of corporate philanthropy and community investment by Macquarie.
Sep. 23, 2010
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