The Foundation for Rural and Regional Renewal (FRRR) has welcomed ANZ Banking Group’s contribution of $50,000 towards its Repair-Restore-Renew Fund.
The funds will be set aside for medium to long-term recovery projects in rural and regional areas affected by Cyclone Debbie and the subsequent flooding.
FRRR CEO, Natalie Egleton, said that the contribution was triggered under an arrangement that FRRR and ANZ put in place in 2014.
“For some time now, FRRR has encouraged donors to consider both the immediate and medium to long-term needs of communities following a disaster. ANZ has recognised that long-term support for these communities is critical and has a policy in place to split contributions in response to a disaster event between immediate and longer-term needs.
“By making this donation, ANZ is helping to ensure that once community leaders have worked through what they need to do to address their personal situation, there will be funds available to help them rebuild their community assets, and address issues that emerge over time around mental health and wellbeing, volunteer fatigue and economic redevelopment,” she explained.
Leveraging our experience of supporting disaster affected communities – including Cyclones Larry and Yasi and the 2009 Victorian bushfires, FRRR raises funds at the time of disasters, which are then distributed through community grants beginning 12-18 months after the event, when the needs have become more apparent.
Ms Egleton says that FRRR’s unique tax status ensures that funds will be available for community groups that often aren’t eligible for philanthropic funding.
“In small communities, many of the local community groups don’t have DGR status, so they don’t receive funding from other sources. Contributing to our Repair-Restore-Renew Fund ensures that the money gets to the groups that need support.”
FRRR welcomes contributions of any scale from trusts, foundations, corporations and individuals.
Tax deductible donations may be made via FRRR’s website: www.frrr.org.au/donate or by contacting FRRR on 03 5430 2399.