Equity Trustees
$83.4 million total grants from charitable trusts, up from $78.8 million in 2019
Over 3000 grants made
Largest single discretionary grant – $1.3 million in medical research
Leading provider of philanthropic funding, Equity Trustees, today released a report containing analysis of $91 million of philanthropic granting and bequests overseen by the Company in the 2020 financial year.
Carol Schwartz AO, Equity Trustees’ recently appointed Chair, said while the catastrophic bushfires and pandemic had made 2020 a tough year for the for-purpose sector, Equity Trustees had made significant progress on its three-year goals around measuring its social impact.
“The for-purpose sector needed immediate support to keep the lights on and to keep vital services going, while also needing to work towards the resilience of the sector in the long term.