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Key results

$10.6m

Invested in grants to date.

6 grants

in 2017, focused on addressing family and domestic violence and financial shocks.

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Why is this important?

Through the NAB Foundation, our philanthropic effort is focused on supporting greater social innovation in how societal challenges are tackled. We see our role as an ‘enabler’, enabling purpose-led organisations to work on and promote new and innovative ways of solving problems.

To do this, we offer financial grants that support issues important to NAB customers and the wider Australian community aligned to NAB’s social impact focus areas. We work with purpose-led organisations and social enterprises to develop innovative ideas and build capacity to grow and have a greater impact.

Beyond grants, we support advocacy and communication activities, provide capacity building, skilled volunteering and mentoring support. We also look for impact investment opportunities that deliver both a financial return and positive social outcomes. The impact investment market is an evolving one and we believe this is an innovative way to support financially sustainable initiatives that address social issues.

Measuring outcomes is also a priority for us. We want to work with organisations that seek to measure their outcomes and understand how they’re making a difference.

About our grant program

The social impact areas at the heart of the 2017 grant program are domestic and family violence, financial resilience and sustainable regions;

  • Domestic and family violence can affect anyone and is one of the most common forms of violence against women and children in Australia. The Domestic and Family Violence Support Grant aims to support work in prevention, early intervention and improvement in support to victims. Further information on NAB’s Domestic and Family Violence work can be found on our ‘Domestic and Family Violence Support’ webpage.
  • Financial shocks are unexpected expenses and drops in income, and for Australians they are all too common, with around two in three Australians experiencing some financial hardship during their life. In an effort to direct technology, innovation, and talent toward addressing this important issue, the Financial Shocks Support Grant seeks to support innovators who are helping Australians prepare for and weather the financial shocks that all of us experience in life.
  • NAB is committed to strengthening regional communities by valuing natural capital, helping regions better manage their natural resources and promoting biodiversity in the face of challenges such as land degradation, declining access to water, water quality and climate change. The Sustainable Regions Grant aims to strengthen regional communities by enabling and inspiring them to live sustainably through enhancing the natural environment. These grants will strengthen coordination and collaboration between environmental groups, business landholders and government and involve the community in practical on-ground action with measurable outcomes.

Our first grant round is supporting six organisations committed to addressing domestic and family violence and building financial resilience in our communities.

We recently closed our second grant round focused on strengthening regional communities. We expect to make announcements on final winners in February 2018.

Previous grant recipients

The NAB Foundation under its previous name, MLC Community Foundation, is proud to have supported the following organisations in the work they do supporting and solving mental health.

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