It’s been a busy few months since our last newsletter. The program management team and I have recently undertaken a week-long scoping trip to the Northern Territory visiting Alice Springs and Darwin. The latest funding round saw grants made to organisations in every state and territory.
This round the Foundation awarded 71 grants totaling $7,368,221 in Community Wellbeing, Medical Research, Education, Science, Environment & Conservation, Travel and Conference. Grants were made to organisations from every state and territory.
At the recent board meeting, applications were considered in the Arts, Health & Disability and Knowledge & Learning program areas. Seventy grants were awarded, valuing $2.4 million.
This month we welcome our latest group of grantees, whose applications were approved by the Board at the Foundation’s first Board meeting for 2018.
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.