Shaw and Partners Foundation Newsletter - 2019 Edition Foundation10 Apr 2019

A very constructive period for the Shaw and Partners Foundation has transpired since our 2018 report, with the contributor base having materially grown over this time. 

 

This has translated into greater participation and an increased number of fund raising events being supported over the year. Furthermore, as monthly contributions have risen and investment returns have compounded, we have seen the invested assets of the foundation grow by 40% since the end of last financial year. This is approaching a level that will provide a principal amount (or corpus) from which the Shaw and Partners Foundation will be able to donate its investment returns. This will add to the overall pool of funds available for donation by the Shaw and Partners Foundation.


Since the inception of the Shaw and Partners Foundation in the second half of 2015, we have raised over $2 million from Shaw and Partners and its clients and supporters, with the total quantum of matched donations and grants now in excess of $2,500,000. In the past half year, we supported over 25 different charities including Cerebral Palsy Alliance, Cure Brain Cancer, Cure for MND Foundation, Fragile X Association, the Sir David Martin Foundation, the MS Society of Queensland, the Mater Foundation, Beyond Blue, the Centenary Institute Medical Research, Giant Steps, Multiple Sclerosis Limited, the Robert Connors Dawes Foundation, the Pinnacle Foundation, the Smith Family and NSW Police Legacy.


For the third year in a row we also had the Shaw and Partners Foundation Institutional Day, which with the invaluable support of our institutional clients saw Shaw and Partners raise over $500,000 - more than double the amount raised in FY17. Over the past three years, the institutional day has raised ~ $850,000, with these funds being directed to a suite of charities supported by The Australian Stockbrokers Foundation, and the Australian Fund Managers Foundation which included Bear Cottage, Odyssey House, the Sydney Children’s Hospital and the Matthew Talbot Hostel.


The Foundation continues to be driven by its advisers, staff and management in supporting endeavours that they are passionate about, where there is a relative lack of government funding, and the key thematic of mental health and social inclusion are emphasized.


On behalf of the Foundation Committee, I would like to thank Shaw and Partners staff, advisers, management, the board, and our clients who give generously and champion these important causes over the course of each year. The Foundation will continue to seek to grow its supporter base, with the view that the Foundation’s activities are part of our ongoing corporate responsibility to both our clients and the broader community, in directing these generously donated funds towards perpetuating real change in the lives of those less fortunate.

 

Cameron Duncan, Chairman of Shaw and Partners Foundation

 

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