The Foundation’s recent funding round focused on Major grants and invited applications. Three Major grants totaling just over $6.5 million were awarded. An additional three program grants were awarded totaling $660,000.
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.
On November 20 2016, the University of Tasmania announced the building of the new Creative Industries and Performing Arts Centre in Hobart. The Foundation has granted $5 million to this project topping up State and Federal government funding for this impressive undertaking. As a national funder, the Foundation is thrilled to be able to support such a landmark project in Tasmania.
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.