Gulf Regional Economic Aboriginal Trust
Tips for Applicants
Align proposals with GREAT's core mission of economic empowerment and enterprise culture development; applications from Aboriginal and Torres Strait Islander entrepreneurs, youth organisations, and community groups in remote Queensland Gulf regions are most likely to succeed. Demonstrate how your initiative builds economic independence, creates employment, or develops business capability rather than relying on ongoing grants.
Giving Philosophy
GREAT operates on the belief that economic independence and enterprise culture are the primary drivers of community wellbeing and can break generational cycles of disadvantage. The foundation combines direct social enterprise investment with capacity-building support (business mentoring, loans, coordination) and community grants, prioritising initiatives that foster entrepreneurship, youth development, and leadership. Their approach values practical, self-sustaining solutions over dependency, as evidenced by their $30 million in self-funded assets and zero-debt model.
Notable Grants
ACNC Financial History
| Year | Grants Given | Revenue | Total Assets | Net Assets |
|---|---|---|---|---|
| FY2023 | $100K | $3.3M | $9.5M | $8.3M |
| FY2022 | $483K | $2.1M | $10.3M | $9.1M |
| 2yr total | $583K | Source: ACNC Annual Information Statements | ||