Giving Back: ARA in the Community
At ARA, we believe it is our fundamental responsibility to support and give back to the communities in which we work and live. This is why we set up the ARA Endowment Fund in 2009. The Fund is managed by Australia’s leading independent specialist trustee company, Equity Trustees, as part of their Charitable Foundation. Since establishing the Endowment Fund, ARA has made donations to 40 different Australian charities. Recently, the General Manager of Philanthropy at Equity Trustees, Tabitha Lovett, addressed an audience of over 200 of ARA’s national senior managers to discuss the value of philanthropy. Lovett praised ARA as being ‘on the cusp’ of the charitable movement of workplace giving. She spoke on a few of the charities the ARA Endowment Fund has helped support, and on the importance of participating in the initiative. You can watch Tabitha Lovett’s full speech here.
Seven Years of Support
Now in its seventh year, the ARA Endowment Fund is truly thriving with a principal balance of almost $600,000. This was achieved through campaign initiatives, a refreshed brand identity, company-wide campaigns and marketing strategies. Also, for the first time, this year we invited our suppliers, partners, friends and affiliates to donate to the Fund – extending our reach and strengthening support from the wider community.
As part of the initiative, each financial year ARA employees recommend different registered charities from the Australian community that they would like to support, which the Fund’s advisory board then decides upon. In 2016, ARA supported six great causes: Australian Indigenous Education Foundation (AIEF), Spark of Life, the Mark Hughes Foundation, Here and Say, The Mirabel Foundation and Wintringham. Each charity is dedicated to making a difference in the lives of those in need.
The ARA Endowment Fund, a philanthropic vehicle, under the Equity Trustees Charitable Foundation, gives it tax deductible status and allows it to donate to registered Australian charities. We are excited for the year ahead as we focus on elevating our profile and formalising our internal structure.