Grant Funding and Philanthropy Overview
Discover the Helen Macpherson Smith Trust, an independent philanthropic trust established in 1951 with a current value of around $90 million. Learn about their grant funding rounds, focus areas, partnerships, and tips for securing grants. Explore streams of small grants, priority areas, and sources of income for non-profit organizations.
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Presentation Transcript
Helen Macpherson Smith Trust An Independent Philanthropic Trust Chris Wootton 8 October 2010 HMS Trust 2010
HMS Bushfires Grants Fund Helen Macpherson Smith Trust L.E.W Carty Charitable Fund John Villiers Trust Macpherson Smith Community Alliance HMS Trust 2010
Established in 1951 Initial corpus of 275,000 current value around $90 million 3 Grant rounds per year end of September, January & April (Approx $5-$6 million per year) Allocate grants via a Granting Policy and Grants Committee of the Trust Total grants to date of over $85+ million Support Victorian Charitable Institutions, Public Benevolent Institutions & Health Promotion Charities www.hmstrust.org.au HMS Trust 2010
Streams Small Grants (<$25,000) Funding Areas: Aged Persons Care and Support Arts, Culture and Heritage Community Support Disabled Care and Support Education Employment and Vocational Training Environment Health and Medical Research
Streams Strands Priority Areas: Ageing (research theme) Belonging Building Community Spirit Youth Health (research theme)
Streams Partnerships Key Features: Collaborations Usually multi-year Capacity building & organisational development Via an Expression of Interest process
What Makes a Good Grant? 1. Clearly define the need and your project 2. Match the granting agency with your project look at guidelines, annual reports & previous grants 3. Read guidelines carefully especially any themes, special requirements/eligibility etc 4. Double-check where your project proposal can be improved 5. Contact the granting agency and discuss your project informally and gauge reaction 6. Keep the application clear and precise HMS Trust 2010
NFP/Third Sector Sources of Income Philanthropic 10% Other 10% Investments 4% Government 33% Membership 5% Sales 9% Services 29% Productivity Commission, October 2009 Table 4.9 HMS Trust 2010
NFP/Third Sector Sources of Income Trusts Foundations & PAFs 4% Other Fundraising 14% Individual Donations 58% Sponsorship 16% Corporate Donations 8% Productivity Commission, October 2009 Table 4.9 HMS Trust 2010
Common Mistakes? 1. Too detailed lay audience (Trustees) 2. Not reading guidelines 3. Not checking previously awarded grants 4. Attaching standard letters of support 5. Seeking too much funding relative to other funding partners 6. Seeking too little funding limiting the projects success 7. Failing the replication-test 8. Seeking support for on-going programs 9. Being too passionate HMS Trust 2010
Seven Approaches to Good Philanthropy Gifts, donations & scholarships Venture capital, micro-credit & social enterprises Individual-Based Discrete projects Project-Based Investment-Based Philanthropy Interventionist Organisation-Based Funder-led facilitation to address a community need Capacity building & unrestricted funding Collaborative Tactical More focused funding Funders work together in common areas of interest HMS Trust 2010
Granting Tensions Responsive Proactive Small grants Large grants Cheque-book Value-add Follow Lead Low Risk High Risk Low profile High profile Trust persona Staff persona HMS Trust 2010
Decision-Making Parameters Trustees Granting Professional Granting Guidelines Potential Grantees HMS Trust 2010
Balance of Power Grantor Grantee HMS Trust 2010
Questions/Discussion HMS Trust 2010
