Wise Foundation

The Wise Foundation is an Australian nonprofit organization dedicated to addressing social disadvantage through sustainable social enterprise and community development. Established in April 2008 and based in Melbourne, Australia, the Foundation builds on the social commitments and community development ethos of the Wise family and the Adidem group of companies.

Mission and Philosophy

The core mission of the Wise Foundation is to create sustainable social enterprises that help marginalized individuals and communities achieve economic independence and meaningful participation in society. The Foundation operates under the belief that business principles and entrepreneurship can be powerful tools for solving social problems, blending economic success with positive social and environmental impact.

Inspired by the values exemplified by Dame Anita Roddick, founder of The Body Shop—which the Wise family introduced to Australia in 1983—the Foundation emphasizes the balance of stakeholder needs with social responsibility. This philosophy guides their approach to all projects and initiatives, aiming to strengthen communities and promote inclusive economic opportunities[2][4].

History and Background

The Wise Foundation serves as the charitable arm of the Wise family, whose community-oriented projects date back to 1983. Over several decades, the family has initiated and operated various social ventures focused on community strengthening and addressing disadvantage.

The Foundation was formally incorporated in 2008 to extend and centralize these efforts. It is registered as a Tax Concession Charity in Australia, allowing it to assist marginalized populations effectively through social enterprise development and community engagement programs[2][3][4].

Projects and Activities

The Wise Foundation undertakes a variety of initiatives that center around community empowerment and sustainable economic solutions. Notable activities include:

• Supporting social enterprises that provide employment, education, disability, and health-related services.
• Mobilizing emergency relief and fundraising efforts, such as the significant response to the 2011 Queensland and Victoria floods, where the Foundation helped raise and match funds, providing counseling and ongoing support to affected communities.
• Inspiring public awareness and independent fundraising projects, encouraging community members to participate actively in social causes[2][4].

One example of their recent community initiatives includes The Gardens Club, a social enterprise engagement highlighted in events and employment opportunities, further showcasing the Foundation's commitment to linking social impact with business models[2].

Governance

The Foundation is overseen by a board comprised of eight members, including individuals from the Wise family and associated professionals. This board provides strategic direction and stewardship for the organization’s programs and social missions[2].

Broader Network

While often referenced alongside the WISE Global Foundation, an international charitable entity also based in Australia focusing on disability and disadvantage, the Wise Foundation operates with a distinct focus on social enterprise and economic empowerment within Australian communities. Both organizations share a dedication to social impact, but the Wise Foundation’s niche lies in fostering sustainable business models to tackle social challenges[1][5].

The Wise Foundation exemplifies an integration of business acumen with social responsibility, striving to create lasting community impact through economic independence and inclusive social enterprise development.

[1] https://wiseglobalfoundation.org [2] https://www.wisefoundation.com.au [3] https://www.acnc.gov.au/charity/charities/772396d9-38af-e811-a963-000d3ad24077 [4] https://www.wisefoundation.com.au/what-we-do/past-projects/ [5] https://avpn.asia/organisation/wise-global-foundation/