Macquarie Group Foundation

    COVID-19 donation fund

    Image source: Caritas Luxembourg, 2020

     

    In April 2020, we announced that Macquarie Group allocated $A20 million to the Macquarie Group Foundation to support a select number of non-profit organisations working to combat COVID-19 and provide relief to affected communities. The fund focused on recipients addressing areas of both immediate and medium to long term need in regions in which Macquarie operates.

    Through a total of 43 grants, we have now allocated the full $A20 million to 40 community organisations around the world. A total of:

    • $A7.35 million through 29 grants globally in support of direct relief efforts;
    • $A2 million to two Australian medical research projects; and
    • $A10.65 million to 12 organisations globally focused on supporting workers and businesses in restarting economic activity.

    Read more about our approach to allocating the COVID-19 funding and find out more about our grantees below.

    Three ways we’re supporting our communities throughout the crisis

    $A20 million COVID-19 donation fund

    Macquarie Group allocated $A20 million in charitable donations to the Foundation to support a select number of non-profit organisations working to combat COVID-19 and provide relief to affected communities.

    $A1 million emergency grant fund for staff-supported non-profits

    The Foundation provided a $A1 million emergency grants fund to make immediate cash available for non-profits with significant staff involvement. 

    Flexible funding for grant partners and sector pledges

    To help non-profits continue delivering their services in a way that appropriately reflects the changing environment.

    We’ve also signed the London Funders COVID-19 statement, AVPN, and the Philanthropy Australia statement, to amplify our commitment to the community sector in this time of need.

    Our funding recipients

    Closing the global education gap

    Professor Anant Agarwal, founder and CEO of online learning platform and non-profit edX, discusses the role of technology in providing greater access to education, introduced by Rachel Engel, Regional Head of Macquarie Group Foundation. edX are a grant partner of the Macquarie Group Foundation through its COVID-19 Donation Fund.

    Data-driven funding

    Daniel Wong, Global Co-Head of Macquarie Capital introduces James Banks, Chief Executive of non-profit London Funders, who shares how the organisation is using data to drive needs analysis, enabling it to allocate grant funding based on where in the city the need is greatest and effectively measure the impact it's having.

    Shemara Wikramanayake in conversation with three recipients of the COVID-19 donation fund

    Macquarie Group Foundation

    The Macquarie Group Foundation is the philanthropic arm of Macquarie Group. The Foundation provides support to hundreds of community organisations globally each year through financial support, volunteering and skills sharing.