Who we are
nib foundation was created in 2008 following a $25 million donation from nib health funds, which was raised through the issue of new shares at the time of listing nib on the Australian Securities Exchange (ASX) in November 2007.
nib holdings limited continue to support the charitable activity of nib foundation through the provision of unclaimed dividends from its shareholder base. In 2018 just over $1 million in unclaimed dividends payments were transferred to nib foundation Limited to further our mission of helping people and communities lives healthier lives.
nib foundation is comprised of two charitable entities:
nib foundation Limited is a charity registered with the Australian Charities and Not-for-profits Commission (ACNC) with a charitable purpose of advancing health and advancing social or public welfare.
nib foundation Trust, also registered with the ACNC, is a Private Ancillary Fund (PAF) that provides funding support to registered Australian charities with Deducible Gift Recipient (DGR) and Charity Tax Concession status.
Together these two entities provide $1.5-$2 million in grants and partnerships each year. Since inception, the foundation has committed $17.3 million in grant funding to more than 120 charity partners to deliver practical health programs that are making a real and measurable difference to the health and wellbeing of people and communities.
Our Grant program
Each year, we aim
to provide up to $1.5-2 million in funding to support a range of Multi-Year Partners and Community Partners.
We invite you to
browse the Funding pages to learn more about the grants we offer.
continues nib's long history of supporting the health and wellbeing of
communities in the Hunter region and around Australia.
Together with our
partners, we believe we have improved the health and wellbeing of more than
50,000 Australians, who have participated in the programs we fund.
Our commitment to
our partners is not just reflected in the $17.3 million in funding we have
granted since our establishment. We are advocates in supporting healthy
communities to improve the lives of Australians now and for future generations.
information about the foundation and our partners please see our latest Community Report.