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IMB Bank Community Foundation Grants Reach $12M

2 min read

The IMB Bank Community Foundation has committed an additional $700,000 for grassroots projects addressing common Australian issues, bringing their total commitment since 1999 to $12 million, benefiting more than 900 community groups through funding for 55 projects in 2023. 

In 2023, the IMB Bank Community Foundation is delivering funding for programs and initiatives that tackle challenges faced by many Australians across Sydney, the Hunter, the Illawarra and South Coast, Canberra and Melbourne. 

“Australians have faced many challenges in recent years and community organisations are providing the on-the-ground support for people when they need it most,” said IMB Bank CEO Robert Ryan. 

According to Ryan, the IMB Bank Community Foundation funding in 2023 could be the boost that many community groups need to deliver effective and meaningful support. 

Key themes for funding in 2023 include:  

  • Heart disease – This year sees the continuation of the Foundation’s long term support for initiatives that raise awareness and educate Australians about reducing their risk of heart disease. 
  • Support for victims of domestic violence – Several projects and groups address crisis support for women and children experiencing domestic violence, providing vital services in their time of need 
  • Environment and sustainability – Sustainability continues to be a priority for Foundation funding, with recycling, and food sustainability initiatives in 2023 aimed at driving positive community and environmental change. 
  • Food relief – Tackling everyday living pressures, funding is supporting initiatives that help Australians put food on the table and deliver nutritional meals for those experiencing financial disadvantage. 
  • Youth skills and education – Tailored programs that strive to build resilience and awareness among youth remain a steadfast commitment for the Foundation. 2023 funding will support initiatives that address driver safety, healthy habits and wellbeing, empowering young people to make positive choices to benefit their futures. 
  • Multicultural support – Delivering funding support for programs that provide CALD (Culturally and Linguistical Diverse) communities with the opportunity to expand their skills or receive support tailored to their needs. 
  • Volunteer services – With El Niño officially declared in Australia, this year’s funding will support volunteers, on-the-ground, in communities most vulnerable to bushfires and other extreme weather patterns. Funding will ensure essential equipment and resources are available to keep volunteers, and their communities. 

Ryan highlighted that the community projects funded this year are working towards strengthening communities and building capability to help them prosper.  

“They are nurturing the young leaders of tomorrow, creating opportunities for people of all backgrounds, ages and stages of life to connect and develop skills, deliver volunteer services, and improve the quality of life of those in our communities,” said Ryan. 

“We are supporting a diverse range of projects that are making a real difference in their communities and striving for a better tomorrow. 

IMB Bank is one of the longest-standing financial organisations in Australia and was recognised with Canstar’s Most Satisfied Customers – Bank, and Most Satisfied Customers – Customer Owned Bank awards in 2022. 

“It is a privilege to support volunteers and organisations that donate their time, energy and care to help others,” added Ryan. 

Related: IMB Bank Community Foundation opens applications for grant funding

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Menchie Khairuddin is a writer Deputy Content Manager at Akolade and content producer for Third Sector News. She is passionate about social affairs specifically in mixed, multicultural heritage and not-for-profit organisations.


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