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Commonwealth Bank staff award $2 million in community grants

Media release

CommBank can

Media release

Commonwealth Bank staff award $2 million in community grants

30 August 2012: Commonwealth Bank has announced the recipients of the 2012 Community Grants program. 244 grants have been awarded to organisations across the country that support the health and wellbeing of children, with an overall total of $2 million awarded by the Bank.

The annual Community Grants program is funded by the Commonwealth Bank Staff Community Fund; Australias longest running employee contribution program. Current and retired Bank staff contribute to the Fund from their pay with the Bank matching these contributions dollar for dollar.

The $2 million, which is being awarded to grant recipients across Australia this year, is the largest donation ever made by the Commonwealth Bank Staff Community Fund and makes the Commonwealth Bank Community Grants program one of the largest in the country.

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

Commonwealth Bank Community Grants ambassador Chloe Maxwell, founder of childrens charity 4 ASD Kids, applauded the winning charities on securing a grant.

The vital funding provided by the Commonwealth Bank staff through the Community Grants program enables grassroots charity organisations around Australia to continue their valuable work with children in their community.�

Trent Moy, Commonwealth Bank General Manager, Community added: On behalf of Commonwealth Bank, and the staff who contribute to make this program possible, I would like to congratulate all the grant recipients in 2012.�

We are proud to be supporting these organisations and are firmly committed to make a positive difference around Australia in the communities in which we operate by investing in local initiatives.�

Since 2007, Commonwealth Bank staff have awarded 718 grants to community groups across Australia, worth over $5.6 million.

244 grants of up to $10,000 were awarded in the 2012 Community Grants program. A full list of 2012 grant recipients can be found at commbank.com.au/communitygrants

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For more information contact:

Kate Dudman
Associate Public Relations Advisor
Commonwealth Bank
02 9118 7370
kate.dudman@cba.com.au

Editor's Note

A list of 2012 grant recipients can be found at commbank.com.au/communitygrants

About Commonwealth Bank Staff Community Fund

The Commonwealth Bank Staff Community Fund was formed in 1917 and is Australias 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 childrens charities. The Commonwealth Bank matches contributions made by staff dollar for dollar. The Fund 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 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.

Media contact:

Kate Dudman
(02) 9118 7370