Patrick Bollen, Manager, Impact Investing, Social Ventures Australia Fri, 18 Aug 2023
Social Ventures Australia (SVA) has launched the Arc Social Impact Bond aimed at breaking the cycle of reoffending and homelessness, whilst expecting to deliver competitive risk-adjusted returns to impact investors. Pat Bollen, Impact Investing Manager at SVA, explains how social impact bonds work and the innovative collaboration behind the Arc SIB.
Natural disasters, the pandemic and cost of living pressures have put unprecedented stress on social sector organisations. The Benefolk Foundation (formerly The Xfactor Collective) has launched a flagship resource hub to provide tailored tools to support staff and volunteers’ mental health and wellbeing. Founder and Executive Director Julia Keady describes how The Community Well aims to help prevent and address changemaker burnout.
Research released by Philanthropy Australia and Seer Data about intergenerational wealth transfer proved a conversation starter in a number of media outlets last week. Figures revealed the 10 suburbs in Australia where the next generation are set to inherit more than $3 million from their parents – and where there may be new opportunities to grow giving.
Community Foundations Australia has appointed internationally regarded community philanthropy executive Ian Bird OLY from Canada as its new CEO. Ian, who will join the organisation in October, will bring a depth of experience in community foundation development and leadership from his current role as chair of the Global Fund for Community Foundations and his former role as the President and CEO of Community Foundations of Canada.
A new cultural representation report, entitled From Colour Blind to Race Conscious: A Roadmap to Action Diversity and Inclusion in Australian Philanthropy, indicates that the philanthropic sector can play a leading role in addressing issues of race, equity and inclusion. The research examines the extent of cultural diversity in the sector and the flow-on impact for the partners and communities with which it works.
Sarah Davies has just been appointed chair of the Advisory Board to the Australian Charities and Not-for-profits Commission (ACNC), among seven other appointments that reflect the diversity of the sector. She says she is privileged to support developing the sector, which is ‘an economic powerhouse for the country’.
Martin Green, Co-Chair of the New Generation of Giving Network Fri, 4 Aug 2023
Martin Green, Director of the Pantera Press Foundation and Co-Chair of the New Generation of Giving Network, reflects on how he found that advancing racial justice is now embedded in US philanthropic discourse during Philanthropy Australia’s study tour to New York. This is the third in a series of articles about the trip.