Charitable Foundation exceeds milestone

Newcastle Permanent Charitable Foundation is celebrating having provided a total of $20.6 million to enable 472 community projects that help rewrite the future for disadvantaged marginalised and isolated people in regional New South Wales.

The Charitable Foundation was established with a $30 million endowment by the Newcastle Permanent in 2003 on the 100th anniversary of the building society. The first grants were awarded in 2004 and two founding round announcements are held each year. 

The $20 plus million milestone was reached as the Charitable Foundation today announced 12 new grants, totalling more than $700,000 to support community initiatives addressing issues of disadvantage across its key focus areas of health, social well-being and young people.

Newcastle Permanent Charitable Foundation Chair, Phil Neat said this latest round of grants recognised charitable partners which are making a meaningful difference to people in need and the social well-being of regional communities.

“The Charitable Foundation has funded projects that have helped more than 250 charities and community organisations to support and benefit the isolated, marginalised or disadvantaged by providing new and improved infrastructure, education platforms, vital health equipment and access for people suffering from an illness, disability or social marginalisation.

“Each of these grants represents a valuable community partnership, built on our shared mission to address important social issues by supporting innovative and resourceful initiatives from non-profit organisations operating in regional NSW.”

“The grants presented today grants recognise and celebrate the impact of these projects to make a real difference by enriching the lives of people in need, made possible by dedicated staff and volunteers who will bring these projects to life,” Phil added.

“The Foundation Board congratulates and thanks all of grants recipients for their hard work and dedication. For our Board it is truly inspiring to understand the passion that makes our regional communities healthier, safer and more vibrant,” he said.

The 12 new projects will begin in coming months and are scheduled to be completed within two years, providing benefit to communities as soon as possible.

A summary of the grant recipients and their projects can be found here. Detailed project summaries are available for media and other stakeholders upon request.