In 2015-16 the Foundation's Board of Governors decided to separate out Major Grants within its grant making program. Through the Major Grants stream, the Foundation will continue to recognise and consider iconic or major projects, most of which will not fit within defined program area funding guidelines.
Projects are proactively sought out by Foundation staff and/or Board members and select applications are then considered once a year by the Foundation’s Board of Governors.
The establishment of the Major Grants stream aims to protect funding allocations for the Foundation’s core program areas while ensuring the Foundation's tradition of large, catalytic grants can continue to assist the delivery of key major projects in the community.
Examples of recent grants that sit within the Major Grants stream are:
- Library Board of Victoria Queen's Hall redevelopment ($10m)
- The Melbourne Conservatorium of Music at Southbank ($9m)
- Monash University, Refurbishment of the Alexander Theatre ($5m)
- Sydney University, Chau Chak Wing Museum ($5m)
- University of Tasmania, Creative Industry and Performing Arts Centre for Tasmania ($5m)
- Orygen, National Centre for Excellence in Youth Health ($3m)
- The Australian Ballet, “Raise the Roof” Redeveloping the Primrose Potter Australian ballet Centre ($1.5m)
Major Grants are by invitation only. Invited applicants will be requested to submit their application which will be considered by the Board of Governors.
This stream will be reviewed annually to ensure it continues to meet the funding principles of the Foundation.