ANZ has announced a contribution of $316,399 to 16 charitable organizations through its Community Foundation. These funds are intended for projects aimed at enhancing financial wellbeing, housing, and environmental sustainability.
The foundation is supported by ANZ employees who participate in a workplace giving program. For every dollar donated by an employee, ANZ matches it with two additional dollars. Since its inception in 1988, the foundation has distributed over 900 grants totaling more than $6 million.
Sarah Stubbings, Chair of the Foundation, commented on the initiative: “Fundraising for charities is always a significant challenge, and even more so over the past 18 months. We are glad we can support these organisations that are passionate about improving access to housing, improving people’s financial wellbeing and supporting sustainable environments."
Ms. Stubbings also praised ANZ employees: “It’s so great to see our ANZ people continuing to contribute some of their pay each week to help fund these vital projects and make a difference to the lives of many Australians in the process.”
This year, the average grant was $20,000. Five grants were awarded in Victoria; three each in New South Wales and South Australia; two each in Queensland and Western Australia; and one in Tasmania.