Uniting Ethical Investors Limited
About
U Ethical is Australia's first not-for-profit ethical fund manager, established in 1985. As a not-for-profit entity, profits generated from managing $1.4bn in funds are reinvested to support community initiatives and projects benefiting people and planet. They have contributed $68 million since 1995 to support various social and environmental causes, serving individual investors, institutions, charities, and community organisations.
Tips for Applicants
Given their unique model as a not-for-profit fund manager, prospective recipients should align with their ethical investment criteria and demonstrate how their initiatives support environmental sustainability, community benefit, or reconciliation with Aboriginal and Torres Strait Islander peoples.
Giving Philosophy
As a not-for-profit ethical fund manager, U Ethical operates on a formula where better investment performance directly enables greater community giving. They take principled stances through active advocacy, engagement, and divestment on ethical issues, and support initiatives aligned with their values of authenticity, progress and impact.
ACNC Financial History
| Year | Grants Given | Revenue | Total Assets | Net Assets |
|---|---|---|---|---|
| FY2023 | $1.1M | $9.8M | $10.2M | $3.9M |
| FY2022 | $1.0M | $9.5M | $9.2M | $4.3M |
| FY2021 | $1.2M | $9.0M | $8.8M | $4.3M |
| FY2020 | $2.3M | $9.7M | $5.1M | $3.9M |
| FY2019 | $3.1M | $9.4M | $4.4M | $3.4M |
| FY2018 | $1.7M | $4.6M | $5.0M | $3.5M |
| FY2017 | $3.9M | $8.8M | $4.9M | $3.4M |
| 7yr total | $14.3M | Source: ACNC Annual Information Statements | ||