Heritage Bank Charitable Foundation


Donation FAQ's
Donation FAQ's

Is my donation tax deductible?

Yes. The Foundation has Deductible Gift Recipient (DGR) status, which means you can claim a tax deduction for any donations you make. 

Can I donate by post?

The Foundation does not accept cash donations via the post however cheques are welcomed! If you wish to donate with a cheque please address the cheque to pay Heritage Bank Charitable Foundation and post to:

The Foundation Administrator
PO Box 190
Toowoomba QLD 4350

Please note: If you would like to receive a tax deductible gift receipt for your donation, please include your Full Name, Address and Contact Phone Number with your donation. 

 

 

Can I donate in person?

Of course! If you wish to donate in person at a Heritage Bank location, please visit our contact page to find your local branch. Our branches are equipped to assist you with your donation and provide you a tax deductible gift receipt. 

Can I donate via direct transfer?

Yes of course! If you’d like to donate directly to the Foundation via direct transfer, you can use the details below 

Account Name: Heritage Bank Charitable Foundation
BSB: 638-060       
Account Number: 14973723
Reference: Please use your surname as the payment reference

For any direct transfers you can claim your tax deduction using your bank statement as evidence. If you would like a receipt from the Foundation, please contact us via our contact page.

What happens with my donation?

Your donation will be donated to the Heritage Bank Charitable Foundation.   

The Heritage Bank Charitable Foundation will distribute funds to selected registered charitable organisations.

The Foundation is dedicated to improving the quality of life for people in need throughout our community. The Foundation does so by giving grants to eligible not-for-profit organisations that provide:

  • Positive educational and alternative pathways to help at-risk children and teenagers;
  • Health care services for vulnerable Australians and their families; and
  • Support for the economic and social wellbeing of people in regional, rural and remote communities, including in times of natural disasters.

Our grants are targeted at making a positive difference to the lives of individuals and their families. We analyse demonstrated outcomes and projected impacts to ensure our grants maximise the benefits they deliver. Our goal is also for our grants to encourage greater collaboration and partnerships between those who share the Foundation’s passion for helping people.

Heritage Bank funds all operational costs of the Foundation, ensuring your donations are 100% used to helping those in need, now and into the future. 

How does the Foundation handle my personal details after I’ve donated?

The personal information that you provide while donating to Heritage Bank Charitable Foundation will be handled in accordance with our Privacy Policy. If you have any questions about our Privacy Policy, please get in touch with us by visiting our contact page. 

 

How does the Foundation process my donation online?

We use Everyday Hero and their secure Donor Pay platform to accept your donation online. This allows us to offer you multiple ways to make your donation through a secure platform. 

As part of this service every online donation has a platform and transaction fee deducted. This covers the cost of offering the donation service and any card acceptance merchant fees. You will see an extra field titled ‘Ensure Charity gets 100%’. - by selecting this option you'll cover that fee and Heritage Bank Charitable Foundation will get 100% of your selected donation amount.

I lost my tax deductible gift receipt, what can I do?

We can issue you with a replacement receipt! 

Please complete the contact form on our contact page and include a note about the way you donated and the contribution amount.

We’ll return a receipt to you via email or get in touch if we need any more information.  

How will I know when the Foundation gives out grants?

 You can keep up to date with the Heritage Bank Charitable Foundation and check out when grants are provided by liking us on Facebook and following us on LinkedIn. The first round of grants will be awarded in early October.

How will money be put into the Foundation?

The Foundation has been established as a Public Ancillary Fund so it is able to accept tax-deductible donations from external parties.This means members of the general public or any other benefactors are able to make donations.

Heritage Bank staff and customers are encouraged to support the foundation and can donate in the form of once off, or regular contributions. The Foundation also accepts donations from the public and all donations are welcome.Learn more on our Donate page. 

How will the Foundation sustain grants over time?

We believe in our vision of Growing stronger communities, together. Along with conducting regular fund raising activities, the Foundation will also receive periodic contributions from Heritage Bank to ensure we are able to make a real difference in people's lives.

Who oversees the Foundation?

Although the Heritage Bank Charitable Foundation has been established by Heritage Bank, the Foundation is a separate entity.

The Heritage Bank Charitable Foundation Board, initially comprising of four directors, will govern the activities of the Foundation. The Directors are appointed by the Heritage Bank Board and you can learn more about who they are, and their qualifications on our learn page.

Will Heritage Bank contribute a set amount each year going forward?

Heritage Bank contributed $2 million into the Foundation as seed funding in the 2018- 2019 financial year. The intention is for Heritage Bank to make regular contributions from pre-tax earnings, and we will announce these contributions each year. 

What are the Foundation's guiding principles?

To promote the mutual and people first philosophies of Heritage Bank by distributing funding to registered charitable organisations which support initiatives designed to build positive community outcomes.

The Foundation is dedicated to improving the quality of life for people in need throughout our community. The Foundation does so by giving grants to eligible not-for-profit organisations that provide:

  • Positive educational and alternative pathways to help at-risk children and teenagers;
  • Health care services for vulnerable Australians and their families; and
  • Support for the economic and social wellbeing of people in regional, rural and remote communities, including in times of natural disasters.

Our grants are targeted at making a positive difference to the lives of individuals and their families. We analyse demonstrated outcomes and projected impacts to ensure our grants maximise the benefits they deliver. Our goal is also for our grants to encourage greater collaboration and partnerships between those who share the Foundation’s passion for helping people. 

 

How will the Foundation decide grant recipients?

To be eligible to apply for the Heritage Bank Charitable Foundation inaugural grant round the organisation must:

  • be a non-profit with deductible gift recipient (DGR) status
  • be able to show evidence of an effective existing program supporting one or more of the following areas:
    •  Positive educational and alternative pathways to help at-risk children and teenagers;  
    • Health care services for vulnerable Australians and their families; and 
    • Support for the economic and social wellbeing of people in regional, rural and remote communities, including in times of natural disasters. 
  •  Operate in the one or more of the following geographical regions
    • Darling Downs
    • Brisbane and surrounding areas
    • Gold Coast
    • Sunshine Coast
    • Wide Bay Burnett
    • Lockyer Valley
    • Ipswich
    • Bundaberg
    • Southern Downs
    • Western Downs
    • Western Sydney (Parramatta and The Hills Shire)
  • have had a significant reduction in fundraising income due to the COVID-19 restrictions
  • be clearly able demonstrate the number of people who will be positively impacted by provision of the grant
  • have an annual income for 2019 (based on their latest audited report) of under $10 million
  • obtain less than 70% of its annual income from government sources 

A Heritage Bank staff committee will assess each eligible application against the assessment criteria.  Highly recommended applicants will then be interviewed by the Heritage Bank Charitable Foundation’s Executive Officer.  The successful applicants will be selected by the Board of the Heritage Bank Foundation. 

When will the first grants be given out?

The first grant round will open on Wednesday 24 June, 2020 and close on Friday 31 July at 5:00pm. Successful recipients will be notified in early October 2020.

Is there a limit to how much registered charitable organisations can get in a grant?

Yes – The maximum amount per grant is up to $10,000 per organisation.  There are nine grants available.
Application FAQ's
Application FAQ's
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Grant Application FAQ's

Frequently asked questions and answers for grant applicants.

Can't find what your looking for? Get in touch with a Foundation representative.

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Heritage Charitable Foundation Limited ATF Heritage Bank Charitable Foundation ABN 79 297 317 699.© Registered under the Collections Act 1966 (Qld)