Grants Program


GRANT EVALUATION FRAMEWORK


In assessing potential projects for funding the Foundation will take into account:


  • there is a SHARED PHILANTHROPIC OBJECTIVE
  • the applicant organisation is CHARITABLE AT PURPOSE (has current ACNC and ATO registrations/endorsements
  • funding is sought for a PROJECT THAT IS BROADLY CONSISTENT WITH THE FOUNDATION'S CURRENT FUNDING PRIORITIES
  • the issue addressed has the POTENTIAL FOR NATIONAL SCOPE AND INCLUSION of a LARGE COHORT OF BENEFICIARIES
  • the recipient organisation has a REPUTATION FOR EXCELLENCE IN ITS AREA OF SERVICE, including peer reputation and capabilities of those individuals responsible for the delivery of the project/program with EVIDENCE OF IMPACT
  • the organisation has adopted GOOD GOVERNANCE PRINCIPLES and has a well-articulated business strategy with a clear STRATEGIC DIRECTION and financial plan for sustainability
  • the organisation has experience in delivering and designing LEADING EDGE IDEAS/TECHNOLOGIES (projects that challenge the normal modus operandi and offer innovative, alternative solutions to major societal issues). The Foundation has the benefit of time and can take of a riskier or 'out of the box' approach to assist in supporting solutions to these issues, having the benefit of a long-term commitment)
  • the project/program has the CAPACITY FOR SCALING UP/LEVERAGE (projects that inspire and create further funding opportunities with other organisations through 'proof of learning' can attract other funding partners or sustained through government support once the model is proven)
  • the organisation has a DIVERSIFIED FUNDING BASE (to avoid long-term funding dependency on the Foundation)
  • the project/program has a high likelihood of resulting in SUSTAINABLE POSITIVE OUTCOMES (there is a reasonable expectation that the beneficial outcomes resulting from the project/program will be sustained after Colonial's funding term ends)
  • the funding proposal includes information on HOW SUCCESS WILL BE MEASURED AND EVALUATED
  • the funding proposal DEMONSTRATES COLLABORATIVE BEHAVIOUR amongst organisations serving a similar cohort and provides a plan of how LEARNINGS WILL BE SHARED AMONGST KEY STAKEHOLDERS