The latest funding round (Round 3, 2017) is the annual Foundation’s 'by invitation' round that concentrates on Major Grants, accompanied by a number of other applications in several program areas. A total of $12.8m was awarded to 14 grantees.
The September Board meeting considered grants for round 2, 2017. Thirty-eight grants were awarded, totaling $2.2 million.
In this round the Board approved 75 grants valued at $4.7 million.
The Ian Potter Foundation is making changes to its funding rounds going forward. In future the Foundation will only be seeking applications in each program area once a year.
At our recent Board Meeting, the Governors considered invited applications from our final funding round for 2016. As this was an invitation only round, fewer grants were under consideration. The Board approved twelve grants totalling $12.9 million. Of these four were major grants.
Following a very busy funding round in April, and with applications closed in a number of program areas this round, a smaller number of high value projects were considered by the Board of Governors at our September meeting. Of a total $14,044,000 in new approved grants, $12 million has been awarded to three outstanding projects in our new Major Grants stream. Due to existing forward commitments some of these projects will receive first payments in 2018 or 2019.
In the core program areas, just under $2 million will be shared across 14 projects plus a further 34 grants totalling $134,000 in our Knowledge and Learning stream.
Due to significant forward commitments, grant applications in Science, Environment & Conservation and the Arts will not open for Round 2, 2016.