Local Buying Foundation (Qld)

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Corporate Foundation|ABN 53674747408|www.localbuyingfoundation.com.au ACNC Register →

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Annual Giving

$100K

Grant Range

$5K – $500K

Tips for Applicants

Applicants should demonstrate how their project will enhance economic stability, support local business training and development needs, or foster workforce development, innovation, and business capacity in the Central Highlands, Isaac, or Mackay regions of Queensland. Priority may be given to initiatives supporting Indigenous businesses and entrepreneurs. Engaging with the Local Buying Foundation Advisory Committee members who represent regional economic development interests can also be beneficial.

Giving Philosophy

The foundation approaches giving by enhancing the economic sustainability of regions within the operational footprint of BHP and BMA assets in Queensland. It does this by supporting programs and initiatives that target local business training, development needs, workforce development, innovation, and the productive capacity of business and industry.

Notable Grants

■Support for a decarbonisation accelerated project

■Funding for a women in leadership program

■Support for an agricultural skills-building program

■Funding for a professional grant writing services program

■Support for a town ambassador tourism initiative

■Funding for the 'Bridging the Boundaries: Business Facilitator Program'

ACNC Financial History

Year	Grants Given	Revenue	Total Assets	Net Assets
FY2023	$795K	$1.8M	$3.7M	$3.6M
FY2022	$1.2M	$1.4M	$3.2M	$3.0M
FY2021	$1.6M	$743K	$3.0M	$2.0M
3yr total	$3.6M	Source: ACNC Annual Information Statements

Focus Areas

community

Geographic

AU-QLD

Financial Details

Source of Wealth

The foundation's funding primarily comes from BHP (BHP Billiton Mitsubishi Alliance - BMA, and BHP Billiton Mitsui Coal - BMC), a global mining company. BHP contributes financially to the Local Buying Foundation for every approved transaction made through its broader Local Buying Program.