Commonwealth Bank staff donate $650,000 to children’s charities
Applications now open for 2011 Commonwealth Bank Community Grants Program
6 June, 2011: Commonwealth Bank staff will this year donate more than ever to Australia’s youth focused organisations, awarding $650,000 in its annual Community Grants program. Now in its fifth year, the program allocates individual grants of up to $10,000 to eligible organisations that support the health and wellbeing of Australian.
Founded in 1917, the Commonwealth Bank Staff Community Fund is Australia’s longest running employee contribution program and is dedicated to helping ensure grassroots children’s charities receive the funding they need.
Trent Moy, Commonwealth Bank General Manager Community, said: “Community Grants are a great way for our people to make a difference to children in communities around Australia.
“Since 2007, the program has contributed over $2.65 million with every dollar donated by staff going directly to community organisations that support Aussie kids in need,” Mr Moy said.
The Commonwealth Bank Staff Community Fund is supported by current and retired Bank staff who make regular salary contributions to support children’s charities.
Applications for Community Grants close at 5:00pm AEST on Friday, 15 July 2011. To apply or for more information, visit commbank.com.au/grants
For more information contact:
0468 987 335
A list of 2010 grant recipients can be found at commbank.com.au/grants
Commonwealth Bank Staff Community Fund was formed in 1917 and is Australia’s longest running employee contribution program. Current and retired Bank staff contribute to the Fund. All administrative costs for the Fund are met by the Bank, ensuring 100 per cent of funds raised go directly to children’s charities. The Fund supports various causes that work with Australian children including Midnight Basketball, Clown Doctors and the Community Grants program.
Commonwealth Bank has been actively supporting the Australian community since it opened its doors in 1912. The Bank, with its community partners and people achieve social outcomes that enrich the communities in which it operates. Community support covers financial literacy through the Commonwealth Bank Foundation, the health and wellbeing of children through the Staff Community Fund, and programs in the arts, sport, welfare, Indigenous communities and the environment.