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Collaboration and cost-of-living high priority for the philanthropic sector

Philanthropy Australia 2 mins read

A new report and sector awards entries have highlighted collaboration as a big focus for the philanthropic sector, along with the impacts of rising cost-of-living.

 

Philanthropy Australia’s second annual Better Philanthropy Telescope report has taken the pulse of the sector to help identify the trends, issues and opportunities that will shape the giving agenda this year.

 

The community-created report outlines the local, national and world issues that philanthropists and not-for-profits will face together in 2024. More than 110 people from across the country responded to the Telescope survey.

 

In parallel, entries for the Australian Philanthropy Awards, which closed recently, were at a record number. Nominations were greatest in the ‘Collaboration’ award category.

 

Adam Ognall, Executive Director Engagement at Philanthropy Australia indicated that the report and awards statistics reinforced the importance of collaboration.

 

“Philanthropic funders are increasingly looking to partner with their peers as well as build stronger partnerships and long-term relationships with not-for-profits, communities and government.”

 

“Working together is seen as a vital way to address societal issues such as the cost-of-living crisis,” Adam said.

 

“Philanthropic funders are also nimble and can move swiftly as new issues arise for not-for-profits on the frontline, as demand for services increases.”

 

The Telescope survey responses identified the top 10 ideas that will matter in 2024:

  1. Funding collaboratively
  2. Partnering for impact
  3. Telling philanthropy’s story
  4. Focusing on impact
  5. Responding to growing need (cost-of-living crisis)
  6. Investing with impact
  7. Valuing relationships for the long term
  8. Building capacity in lean times
  9. Applying AI
  10. Powering impact with data and evidence

 

The big issues:

  1. Cost-of-living crisis
  2. Climate
  3. First Nations
  4. Policy direction
  5. Global events

 

To find out more, download our Better Philanthropy Telescope 2024 report.

 

The Australian Philanthropy Awards Showcase is taking place on Tuesday 16 April 4-7.30pm at the Art Gallery of NSW. See the Awards Showcase website for more information and tickets. All welcome to purchase tickets and attend.

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About the Australian Philanthropy Awards

 

The Australian Philanthropy Awards recognise and celebrate extraordinary achievements in contemporary philanthropy. They also highlight partnerships between philanthropy and for-purpose organisations to honour those who are working to create lasting, positive change.

 

The Philanthropy Australia award categories: 

-              Collaboration Award

-              Inclusion Award

-              Innovation Award

-              Leadership Award (presented in collaboration with the Macquarie Group)

 

The cause-related co-partnered categories:

  • Community Philanthropy Award (presented with Community Foundations Australia, Australian Communities Foundation, Foundation for Rural and Regional Renewal and Lord Mayor’s Charitable Foundation)
  • Environmental and Climate Philanthropy Award (presented with the Australian Environmental Grantmakers Network)
  • International Philanthropy Award (presented with the Australian International Development Network)
  • The Eve Mahlab AO Gender-wise Philanthropy Award (presented with Australians Investing in Women)
  • First Nations Philanthropy Award

About us:

About Philanthropy Australia

Philanthropy Australia, the national peak body for philanthropy, aims to achieve a generous and inclusive Australia through more and better giving. Our members include trusts, foundations, families, individual donors, companies, professional advisers, intermediaries and not-for-profit organisations.


Contact details:

Sophie Marcard at sophie@philanthropy.org.au or 0400 089 653

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