QBE Foundation announces recipients of 2023 local grants program

QBE Foundation announces recipients of 2023 local grants program | Insurance Business Australia

Insurance News

QBE Foundation announces recipients of 2023 local grants program

New grant category introduced

Insurance News

By
Roxanne Libatique

The QBE Foundation has announced the beneficiaries of its 2023 annual local grants program, allotting a total of $440,000 to 11 charity and community organisations across Australia.

Each recipient is set to receive $40,000 to reinforce their endeavours in tackling inclusion and climate resilience issues in the nation.

QBE Foundation local grants program

The program, which garnered more than 200 applications, introduced an “employee choice” category, allowing QBE employees to nominate a charity they are involved with or passionate about.

QBE Foundation co-chair Jon Fox emphasised the significance of these grants as a means for QBE to support charities making tangible impacts in crucial areas.

“The local grants program reflects QBE’s dedication to creating positive change and empowering local charities actively working towards it,” he said. “Our 11 grant recipients have shown exceptional commitment and innovation in addressing climate challenges, promoting inclusion, and empowering communities – and it is inspiring to witness their impact and be part of their journey.”

Grant recipients

The recipients of the QBE Foundation 2023 local grants are:

Habitat for Humanity
Planting Seeds
Shedding Community
Trust for Nature

Inclusion

Arise Foundation
Deadly Coders
Little Wings
Thread Together

Employee choice

Giant Steps
MedEarth
Team Sports 4 All

Additionally, the QBE Foundation chose to extend support to two more organisations within the employee choice category, providing each with a $20,000 donation:

Friends Of Black Hill and Morialta
Neuromuscular WA

Applications for the 2024 local grants will be accepted later this year, offering another opportunity for Australian charities and community groups to access vital funding for their initiatives.

In other news, QBE Lenders’ Mortgage Insurance (LMI) confirmed an upgrade in its rating following adjustments in S&P Global Ratings’ criteria for assessing insurance companies’ risk-based capital.