Local Buying Foundation (Qld)
About
The Local Buying Foundation (Qld) was established in 2012 by BHP to foster the economic development and sustainability of regions where BHP and BMA operate in Queensland. It provides funding, resources, and initiatives to support local business growth, capability, and community economic resilience.
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
Giving History
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 | ||