$1M charity boost

A $1 MILLION donation from Heritage Bank will accelerate the capacity of its philanthropic partner to help people in need in our community, Chairman Kerry Betros says.

Mr Betros made the announcement that the bank would commit a further $1 million this year to the Heritage Bank Charitable Foundation, the organisation it established in 2018 to magnify its ability to help people in need.

The donation comes on top of the $2.3 million that Heritage has donated in previous years to build up the foundation’s corpus.

A DONATION of $1 million from Heritage Bank will accelerate the capacity of its philanthropic partner to help people in need in our community, Chairman Kerry Betros says.

Mr Betros made the announcement that the bank would commit a further $1 million this year to the Heritage Bank Charitable Foundation, the organisation it established in 2018 to magnify its ability to help people in need.

The donation comes on top of the $2.3 million that Heritage has donated in previous years to build up the foundation’s corpus. It helps further bring to life Heritage’s vision of creating a foundation that will become a major contributor to Australia’s philanthropic community.

Mr Betros said Heritage had a strong history of community support and the board was delighted the foundation had been able to take that to a new and exciting level, making such a significant difference in such a short time period.

The foundation gave out a total $90,000 in grants to nine charity partners in its inaugural round of grants late last year, and applications are currently being accepted for a second round of grants this year, also totalling $90,000

“It’s fantastic to see the impact the foundation’s amazing charity partners are achieving in helping some of the most vulnerable people in our society,” Mr Betros said.

“It’s also thrilling to witness the Heritage community getting behind the foundation to help change lives. Our members and business partners have made generous donations to the foundation, while our staff have also contributed through workplace giving, volunteering and participating in events.”

Heritage Bank Charitable Foundation executive officer Paul Olds welcomed the donation as a catalyst for magnifying the foundation’s ability to make a difference.

“The donation immediately means we can increase the size of the grants we provide next year,” Mr Olds said.