Sponsorships & Grants
You may not think it matters who you bank with. But we know that’s not the case. Just take a look at our Community Balance Sheet.
Yes, it’s time to feel good about who you bank with.
Each year the Board decides whether or not to run a community grant program. The first community grant was delivered in October 2008 and the Board has run this program every year since. Community grants are delivered on the perceived worth of the funding into our local community and in general there is no reliance on returned banking support. However the Board has realised over time many groups are so happy with their grant payment they freely thank and promote our branch.
The community grant application process opens early July & closes mid-August. The Bank will advertise this by in branch posters and a local newspaper advert. Applications are lodged on line via: www.bendigobank.com.au/foundation.
Over $1.81m to the Community
Up until 30th October 2016 the Board has paid more than $869k in sponsorships and over $467k in community grants. The branch has also paid more than $477k in dividends to shareholders. This represents a total return in excess of $1.81m to our local community by sponsorship, community grant & dividend payments.
Each year the level of sponsorship &grant payments increase.
- Supporting over 70 not-for-profit groups and organisations;
- During the 2016 calendar year 70 groups received a sponsorship payment & six organisations received a community grant;
- The Board would like to congratulate the following 2016 community grant recipients:-
- Chirnside Park Fire Brigade, $6,605 to purchase two new Heart Defibrillator units;
- Mooroolbark Men’s Shed, $5,000 to purchase a gazebo, trailer, BBQ & associated equipment;
- Yarra Ranges Photographic Society, $2,200 to assist cover printing and presentation costs for their bi-annual exhibition;
- Mooroolbark East Primary School, $12,055.60 to assist purchase & install automated safety gates;
- Pembroke Primary School, $10,000 to assist develop a community gardening project;
- The Babes Foundation, to enable the purchase of an office computer.
When the branch enters into a sponsorship arrangement with a local organisation it expects that group to promote us in a specified manner. We are trying to gain the banking support of the sponsored group's local community or member base. Sponsorship payments can be leveraged by the level of promotion offered by the community group and the amount of business support we get from that group's membership/supporter base.
Mooroolbark Community Bank® Branch is proud of what it has achieved. The Board & staff realise we can only make this impact due to support of our wonderful customers. We would like to take this opportunity to thank all of our customers for their support which in turn allows us to put back into our local community.