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Commonwealth Bank staff award record number of grants

Wedneday, 19 October 2011: The staff of the Commonwealth Bank are celebrating its 100th birthday by now awarding more than $1 million in Community Grants to groups that work to directly benefit the health and wellbeing of children across Australia.

This is the largest donation of grants ever by the Commonwealth Bank Staff Community Fund and this additional funding means that an extra 56 local organisations throughout Australia stand to benefit.

Trent Moy, Commonwealth Bank General Manager Community, congratulated all the winning charities on successfully securing a grant from this year’s applicants.

“On behalf of Commonwealth Bank, and the staff who contribute to make this program possible, I would like to congratulate all recipients and hope that these grants will enable them to continue their valuable work with children in the community.

“At Commonwealth Bank we are determined to make a difference to communities across Australia, and support their great work by investing time and money in worthwhile causes,” Mr Moy went on to say.

Commonwealth Bank staff from branches across the country will visit recipients in their local community to congratulate them and personally present them with their grants.

Since the Community Grants program commenced in 2007, Commonwealth Bank staff have awarded almost 500 grants, with a total of over $3.5 million awarded to deserving groups.

Established in 1917, the Commonwealth Bank Staff Community Fund is Australia’s longest running employee contribution program with over 9,000 current and retired staff making regular salary contributions to support children’s charities in Australian communities.

A full list of the 2011 grant recipients can be found at commbank.com.au/grants

 

ENDS

For more information contact:

Adam Welch
Commonwealth Bank
P: (02) 9118 2956
M: 0478 307 204
 

Editor’s Notes:

About Commonwealth Bank Staff Community Fund
Commonwealth Bank Staff Community Fund was formed in 1917 and is Australia’s longest running employee contribution program.  Over 9,000 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 now supports various causes that work with Australian children including Midnight Basketball, Clown Doctors and the Community Grants Program. 

About Commonwealth Bank in the community
Commonwealth Bank has been actively supporting the Australian community since it opened its doors. 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.

About Commonwealth Bank’s Centenary – 100 Years Together
Since its establishment in 1911, Commonwealth Bank has never wavered in its focus in supporting Australian communities to build a sustainable future for generations to come. Today, in a continuation of this tradition and to celebrate its Centenary year, the Bank has announced it will increase its investment into Australian communities, committing an additional $100 million over the next 10 years.

Visit 100yearstogether.com.au for more information.

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