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:
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.
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.