The Trustee For Beyond Bank Australia Foundation Master Support Fund

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Welcome to the official Twitter account of Beyond Bank Australia. We’re here to chat 9am-6pm Monday to Friday and 9am-3pm on Saturday (ACDT). Beyond Bank is one of Australia’s largest 100% customer-owned banks. We aim to change the lives of our customers and communities through financial wellbeing. As a Certified B Corp, we balance purpose with profit and use our business as a force for good. The foundation provides support to those impacted by natural disasters as well as in specific focus areas including aged support, disability support, affordable housing, and financial literacy.
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The Trustee For Beyond Bank Australia Foundation Master Support Fund

The Trustee For Beyond Bank Australia Foundation Master Support Fund (ABN: 60140455034RR0001) is an Australian nonprofit organisation operating as a charitable trust dedicated to providing support to vulnerable and disadvantaged communities. Established under a Trust Deed dated 29 May 2010, the Fund is administered by Beyond Bank Australia Foundation Ltd, a public company acting as the trustee[3].

Mission and Charitable Purpose

The Fund’s primary objective is to afford relief, assistance, or support to individuals and groups facing disadvantage, including those who are diseased, disabled, sick, infirm, incurable, poor, destitute, helpless, unemployed, or their dependents. Its charitable activities focus on various social needs such as supporting people impacted by natural disasters, aged care support, disability assistance, affordable housing, and enhancing financial literacy among vulnerable populations[1][4][5].

Community Impact and Areas of Focus

Since its inception, the Beyond Bank Australia Foundation Master Support Fund has contributed millions of dollars to Australian communities through partnerships with local organisations. The Fund prioritises key focus areas to maximize community impact, including:

  • Disaster relief and recovery support for communities affected by natural disasters.
  • Support services for aged care and people with disabilities.
  • Initiatives to improve housing affordability.
  • Programs promoting financial wellbeing and literacy[1][2].

Partnerships and Engagement

The Fund collaborates with numerous like-minded community and not-for-profit organisations across Australia. It works closely with these partners to identify community needs and develop tailored programs that further shared social goals. The Beyond Bank Australia Foundation’s Community Development Team plays a central role in fostering these partnerships, facilitating sponsorships, fundraising efforts, volunteering, and other cooperative initiatives[2].

Governance and Reporting

As a registered Australian charity, the Fund adheres to governance standards regulated by the Australian Charities and Not-for-profits Commission (ACNC). Its financial reports and other statutory documents are publicly accessible, ensuring transparency and accountability in its operations[3].

Summary

The Trustee For Beyond Bank Australia Foundation Master Support Fund operates as a dedicated charitable trust supporting vulnerable Australians through targeted relief and development programs. Its strategic focus on disaster relief, aged and disability support, housing affordability, and financial literacy positions it as an important advocate and facilitator of social wellbeing in communities across Australia.


Note: This article is based on publicly available information from the Australian Charities and Not-for-profits Commission and Beyond Bank Australia Foundation resources.

[1] https://www.acnc.gov.au/charity/charities/2cc78170-38af-e811-a960-000d3ad24282/profile [2] https://www.beyondbank.com.au/our-impact/in-the-community/beyond-bank-foundation/ [3] https://acncpubfilesprodstorage.blob.core.windows.net/public/2cc78170-38af-e811-a960-000d3ad24282-c39f4ed1-f33c-4593-9195-bb8f97f66fe1-Financial%20Report-1c793f26-33a2-ef11-8a69-6045bdc46b66-FY2024_Beyond_Bank_Australia_Foundation_Master_Support_Fund.pdf [4] https://www.acnc.gov.au/charity/charities/2cc78170-38af-e811-a960-000d3ad24282/documents/a432910d-1d5e-ec11-8f8f-000d3ad21721 [5] http://www.charities.sa.gov.au/charities_details.php?licenceNo=CCP2762&current=Yes

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Thrilled to see how Beyond Bank is making a real difference in our communities! Supporting those impacted by natural disasters is so important. 🙌💖 #CommunityFirst
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Love that Beyond Bank prioritizes financial wellbeing and local support. It's great to be part of a bank that truly cares for its customers and the community! 🌟💚 #ForGood
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Poslední diskuze

1. How can community banks like Beyond Bank integrate more educational resources to enhance financial literacy in underserved populations?
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2. In what ways can a Certified B Corp, such as Beyond Bank, leverage its unique position to further support local community initiatives and foster sustainable practices?
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