Helen Macpherson Smith Trust An Independent Philanthropic Trust Chris Wootton 8 October 2010 HMS Trust 2010

L.E.W Carty Charitable Fund Macpherson Smith Community Alliance Helen Macpherson Smith Trust John Villiers Trust HMS Bushfires Grants Fund 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   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? Clearly define the need and your project Match the granting agency with your project – look at guidelines, annual reports & previous grants Read guidelines carefully especially any themes, special requirements/eligibility etc Double-check where your project proposal can be improved Contact the granting agency and discuss your project informally and gauge reaction Keep the application clear and precise HMS Trust 2010

NFP/Third Sector – Sources of Income Productivity Commission, October 2009 Table 4.9 HMS Trust 2010

NFP/Third Sector – Sources of Income Productivity Commission, October 2009 Table 4.9 HMS Trust 2010

Common Mistakes? Too detailed – lay audience (Trustees) Not reading guidelines Not checking previously awarded grants Attaching standard letters of support Seeking too much funding – relative to other funding partners Seeking too little funding – limiting the projects success Failing the ‘replication-test’ Seeking support for ‘on-going’ programs Being ‘too passionate’ HMS Trust 2010

Investment-Based Organisation-Based TacticalCollaborative Interventionist Philanthropy Project-Based Individual-Based Seven Approaches to ‘Good’ Philanthropy Gifts, donations & scholarships Discrete projects Capacity building & unrestricted funding More focused funding Funders work together in common areas of interest Funder-led facilitation to address a community need Venture capital, micro-credit & social enterprises HMS Trust 2010

Granting Tensions Responsive Small grants Cheque-bookFollow Low Risk Low profile Trust persona Proactive Large grants Value-addLead High Risk High profile Staff persona HMS Trust 2010

Granting Professional Decision-Making Parameters HMS Trust 2010

Grantor Grantee Balance of Power HMS Trust 2010

Questions/Discussion HMS Trust 2010