The NAB Foundation began as part of the MLC business, which has a long standing and established commitment to supporting the communities in which their people live and work.
From 2000 to 2008, MLC's People and Community Trust (known as Pact) supported programs and initiatives that were designed to make a lasting difference to the community. This was achieved by providing opportunities for their employees to be involved in, to enrich both their lives and the lives of others.
The name 'Pact' signified the commitment that was made between employees, MLC and the community and a charter was developed that had input by a cross section of employees.
In September 2008, the MLC Community Foundation was established as a Private Charitable Trust overseen by a Trustee and registered with the Australian Taxation Office. This marked a real commitment to securing a long term, sustainable pool of funds with which to support the community.
Just as MLC Community Foundation's name was chosen to represent and acknowledge the heritage of MLC, the transition to NAB Foundation in 2016 is a reflection of the whole organisation’s support behind the foundation.
Today, as a part of NAB’s broader corporate responsibility approach, we look to support the community organisations we work with beyond financial grants by drawing on the skills, expertise and resources from across the NAB Group. This is another important way we continue to reflect the foundation’s origins of employee engagement in the community.