Colonial Foundation Trust

From SourceWatch
Jump to: navigation, search

"In 1996, The Colonial Mutual Life Assurance Society Limited, after 123 years as a mutual life insurance society, demutualised and, in 1997, was listed on the stock exchange as Colonial Limited. The Colonial Foundation Trust was created as part of the demutualisation, in order to reflect in some way Colonial Limited's origin as a mutual society formed to provide a service to its members and the communities it served. Colonial Foundation Limited was formed to act as trustee of the Trust.

"Following the merger of Colonial Limited with the Commonwealth Bank of Australia in June 2000, Colonial Foundation Limited became fully independent, with the responsibility of carrying out the broadly defined charitable objectives of Colonial Foundation Trust." [1]

Funding priorities

  • community health, including Aboriginal health
  • education and vocational training
  • migrant community welfare
  • disadvantaged people in our society
  • community quality of life, including the arts and cultural activities
  • research in relation to any of these areas

Large grantees for July 2004 to June 2005

"Community Health is the largest area of funding for Colonial Foundation, and includes the trust’s largest single project, a $13 million fi ve-year grant to establish the ORYGEN Research Centre for research into youth mental health." [2]

Board of Directors

Publications

Contact

Web: http://www.colonialfoundation.org.au/

Related sourcewatch resources