Sydney, 24 September 2021
The Macquarie Group Foundation today announced it has fully allocated the $A20 million it earmarked in April 2020 to support a select number of non-profit organisations working to combat COVID-19 and provide relief to affected communities.
Through a total of 43 grants, the Macquarie Group Foundation has now allocated $A20 million to 40 community organisations around the world:
The Foundation recognises in times of crisis that immediate relief to communities is vital, while at the same time, the impact of disasters can last for years. As a result, it took the approach of allocating funding focused on supporting emergency relief efforts; investing in medical research; and supporting economic recovery to communities targeting medium- and long-term outcomes.
Macquarie Group Foundation Chair, Mary Reemst, said: “The COVID-19 donation fund grantees have played a significant role in addressing critical direct relief efforts, driving important research, and supporting economic recovery around the world. These grantees serve communities and groups disproportionately affected by COVID-19 including women, migrants and underserved communities, across the regions in which Macquarie operates.”
Find out more about Macquarie’s response to COVID-19 here.