New Funding Partner for NRCF realises a record number of community grant recipients.
NRCF’s Grant Giving Event on Tuesday 12 November at Lismore Regional Gallery saw nearly $200,000 disbursed across 33 innovative community projects.
Now in its 15th year of local support with NRCF funding stretching from Grafton to Tweed and west to Kyogle and Casino, the number of worthy applications reflects just how much need there is for public philanthropy.
NRCF’s Community grants are funded through the generous donations of individuals and businesses across the Northern Rivers. A unique component of the Foundation is that it is a public foundation – the donations from the community are invested in ethical investments and only the income from those investments is used for grants, leaving a sustainable source of funds for the community for future generations.
Inclusive of this year’s grants, some $1.8 million has been disbursed by NRCF since the Foundation began granting in 2005.
The Chair of NRCF, John Callanan and his deputy Lynda Dean, said that new partnerships with local philanthtropic groups: the James Frizelle Charitable Foundation, the Yulgilbar Foundation and the Melbourne based Portland House Foundation have boosted the Foundation’s ability to extend the number of grant recipients this year.
“Each year the need in our community grows and as NRCF becomes more well known, the demand for grants grows. In order to bridge the gap between what we can fund and the growing need, NRCF has formed partnerships with three foundations whose funding is helping us support more projects in the region” said Callanan and Dean.
“The Grant Giving event on November 12th is the opportunity for us all to recognise the critical issues in our region and acknowledge the inspiring work of our local community organisations.”
The newest Foundation to come on board – the James Frizelle Foundation attended the event including its founder James Frizelle.
James Frizelle Charitable Foundation – James Frizelle is the founder and Director.
James sold his automotive business in 2017 and set up a private Foundation to give back to the community which had provided him so much success over the years. The Foundation supports those who through no fault of their own are vulnerable or have slipped through the cracks within the communities of Northern Rivers and the Gold Coast.
Yulgilbar Foundation is a family run Private Ancillary Fund and was established in 2001 by Baillieu and Sarah Myer. The Yulgilbar Foundation’s area of focus is rural, regional and remote Australia and more specifically, on education, environment, capacity building and Alzheimer’s research. The family have had a long-standing involvement in the rural industry, particularly in Northern NSW and are passionate to see rural and regional Australia prosper.
Portland House Foundation, a private family foundation based in Melbourne, provides funds to assist people move out of disadvantage, and to protect and enhance the marine environment.