CBA Foundation
About
The CBA Foundation is the corporate philanthropy arm of Commonwealth Bank of Australia, one of Australia's largest banks. It manages the bank's community investment and giving programs, focusing on community development, sustainability, education, indigenous Australians, and environmental initiatives.
Tips for Applicants
As a large corporate foundation tied to a major bank, CBA Foundation likely prefers strategic partnerships that align with their business objectives and demonstrate measurable community impact. Applications should emphasize alignment with their focus areas (community, sustainability, education, indigenous), show clear outcomes measurement, and demonstrate how funding will create lasting change. Given the bank's extensive customer base and brand, they may prioritize initiatives that reach broad audiences or align with financial inclusion goals.
Giving Philosophy
CBA's corporate giving is guided by its purpose of 'building a brighter future for all'. The bank uses its strength to support customers, invest in communities, and provide stability for the broader economy. Their approach focuses on creating meaningful, measurable impact in areas aligned with their business expertise and community needs, particularly through financial inclusion, education, and environmental sustainability.
Giving History
ACNC Financial History
| Year | Grants Given | Revenue | Total Assets | Net Assets |
|---|---|---|---|---|
| FY2023 | $3.1M | $3.7M | $6.5M | $6.5M |
| FY2022 | $7.8M | $7.4M | $6.2M | $5.9M |
| FY2021 | $681K | $4.3M | $6.3M | $6.3M |
| FY2020 | $4.7M | $5.7M | $5.0M | $2.7M |
| FY2019 | $3.7M | $4.1M | $4.3M | $1.6M |
| FY2018 | $14.1M | $14.2M | $2.5M | $1.2M |
| FY2017 | $3.5M | $3.7M | $3.9M | $949K |
| 7yr total | $37.4M | Source: ACNC Annual Information Statements | ||
Programs & Opportunities (4)
CommBank Staff Foundation Community Grants Program
The CommBank Staff Foundation Community Grants Program provides $20,000 grants to Australian community organisations for initiatives addressing social challenges. These initiatives often focus on areas such as youth mental health, homelessness, disability inclusion, education, regional resilience, Indigenous Australians, and environmental matters. Organisations are nominated by CommBank employees, and staff donations are matched by the bank.
CommBank Community Grants program
The CommBank Community Grants program provides $20,000 grants to 180 community organisations across Australia annually. These grants aim to strengthen local resilience, inclusion, and wellbeing, supporting initiatives in areas such as mental health, homelessness, education, disability inclusion, regional resilience, and youth development. Organisations are nominated by CommBank staff members.
Commonwealth Bank Staff Community Fund Community Grants (Youth-focused)
This program invites applications from youth-focused community organizations across Australia to support the health and well-being of Australian youth up to 21 years old.
CommBank Community Grants
The CommBank Staff Foundation's annual program awards $20,000 grants to community organisations across Australia, supporting local initiatives in areas such as mental health, homelessness, disability inclusion, education, and regional resilience.