The Macquarie Group Foundation is one of Australia's oldest and largest corporate benefactors. It supports programs in Europe, the Americas, Africa, Asia and Australasia. In all of these regions, Macquarie contributes meaningfully in the communities in which our staff live and work.
Together with Macquarie staff, the Foundation has contributed more than $US165 million approximately 1,300 community organisations since 1985. Established to formalise Macquarie Group's community involvement program, the Foundation also builds and strengthens staff involvement and engagement in community activity in the many cities around the world in which Macquarie has offices.
In the 12 months to 31 March 2012, Macquarie staff raised and/or donated $US9.2 million, which the Foundation matched in addition to its continuing grants to community organisations, taking Macquarie's total contribution to the community to over $US22 million. In addition, Macquarie's staff provided many hours of support to not-for-profit organisations in a volunteer, pro bono, board and executive capacity.
The Foundation takes particular pride in the depth of support it provides. Many of our community partners, in addition to receiving a Foundation grant, benefit from fundraising and volunteer support from Macquarie staff, regular donations through the Macquarie Giving program and have a Macquarie staff member serving on its board. This enables us to build deep and enduring relationships with community organisations around the world.
Concentrating funding in the areas of health care and research, education, the arts, welfare and the environment ensures our support is diversified across the community spectrum. In addition, the Foundation works on a range of initiatives to build the sustainability of the not-for-profit sector. These include assisting with growth strategies, transferring skills to the sector and supporting programs that make the sector more efficient.