July 02nd, 2019
A new strategy means a new grants approach. That’s how the Ross Trust is building up to its 50th birthday, with a shift towards a more focused approach.
From this week (starting Monday, July 1), the Trust is ushering in a new emphasis with its Smart Grants that reflect the priorities of educational equity and biodiversity conservation.
The Ross Trust CEO, Sarah Hardy, said the organisation had reviewed and changed its practices to ensure it could respond and adapt to community needs.
‘We are already having conversations with many key players in these sectors across Victoria, which has helped shape our approach,’ she said. ‘We look forward to continuing those conversations, as well as creating new partnerships and collaborations, to ensure our funds are helping us achieve the desired outcomes in education equity and biodiversity conservation.’
The Ross Trust will offer Smart Grants of up to $40,000 a year for up to three years and Advocacy Grants of up to $50,000 a year for up to three years. There will also be Challenge and Change grants, from between $40,000 and $100,000 for up to three years. These two grant types will be by invitation only.
Outgoing Trust chair and Philanthropy Australia board member Jenny Stephens said the new approach was the result of a year’s work that developed a clearer vision and mission for the organisation to ensure the Trust’s philanthropic resources were used in the most effective way.
'We’ve also worked with our grantees, sector experts and the evidence, to develop theory of change models for each of these granting priorities and identified some of the levers which are most likely to achieve positive differences and impact in both areas,' Jenny said.
The R E Ross Trust was established in 1970, and to date has granted over $117 million across Victoria.