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2011 Annual Review

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2011 Annual Review ANNUAL REVIEW 2011 Macquarie Group Foundation EMEA Asia Europe, Middle East and Africa Australia & New Zealand The Macquarie Group Foundation The Macquarie Group Foundation – the environment and the arts. Funding The Foundation: the philanthropic arm of Macquarie priority is given to those organisations • Builds staff engagement by Group – has been providing support to where Macquarie staff are directly promoting a culture of philanthropy community programs for many years, involved through personal donations, throughout Macquarie firstly as the Hill Samuel Charitable Fund fundraising and volunteering. from 1978 and then in 1985 formalising • Takes a global approach to The Foundation’s contribution is centred Macquarie’s community involvement philanthropy, but focuses on on more than simple financial assistance program and ensuring its effectiveness local execution with our approach characterised as a good corporate citizen. by ‘engaged philanthropy’. This has • Undertakes capacity building in the The Foundation’s objective has always translated into a position of corporate not-for-profit sector been to contribute to the communities in leadership in the not-for-profit sector, an • Develops and maintains a deep which Macquarie staff live and work. innovative stance emphasising research and long-term commitment with the The focus is on five key areas: education, funding, capacity building grants and a organisations supported. health care and research, welfare, commitment to community organisations. Canada United States South America Contents 02 Board report 06 Growing from local to global The Foundation builds staff 08 Asia 12 Australia and New Zealand engagement by promoting 18 Canada a culture of philanthropy 22 Europe, Middle East and Africa 28 United States throughout Macquarie’s 34 Macquarie Sports 36 Organisations supported offices around the world. 41 Contact Information Board report Macquarie’s 15,500-plus staff continued to guide the Much in the way that Macquarie Group’s operations have Foundation’s activities during the year, through volunteering, evolved into international businesses, the Foundation pro bono service, fundraising or participation in one of our has formed global partnerships with several not-for-profit Community Advisory Committees. organisations. In the year ended 31 March 2011, the Foundation and Staff champions have galvanised staff into becoming Macquarie staff contributed $A27.8 million to more energetic fundraisers for and pro bono supporters of Inspire than 1,300 community organisations around the world. Foundation’s Reach Out! program, the Juvenile Diabetes The Foundation contributed $A17.7 million, a more than Research Foundation, Movember, and Oxfam’s Trailwalker eight per cent increase on the previous year. Staff sought event. Highlights of the Foundation’s global partnerships matching from the Foundation for fundraising and/or appear on pages 6 –7. donations amounting to $10.1 million for the financial year, Programs such as Big Buddy Reading have also been a record amount. established internationally, with Big Buddies now in Remaining committed in its core areas of contribution – Hong Kong, London, New York and Toronto, as well as health, education, the arts, welfare and the environment – Australia, working with children in their formative learning the Foundation’s activities continue to become more years to develop a love of reading. As an illustration of an international in nature. Reflecting the growth of Macquarie’s international initiative that has been adapted to suit local businesses, the 2011 financial year was notable for needs, Big Buddy Reading in Toronto, which commenced being the first year in which international staff’s financial in September 2010, also incorporates the Canadian initiative support exceeded the amount supported within Australia. JUMP Math. There has been a notable increase in the number of staff wanting to volunteer skills and provide pro bono support For this reason, and for the first time, this review of the Staff volunteering Foundation’s activities during the year is provided by Community Advisory Committees have been at the heart geography rather than area of contribution. of the Foundation’s activities since 2003. Led by staff and chaired by senior executives, the committees play a Global partnerships valuable role in harnessing staff enthusiasm for community There are several elements common to the Foundation’s activities as well as shaping the Foundation’s activities in activities irrespective of where they take place: local a given location. engagement with global partnerships; staff partnerships such as Community Advisory Committees and the Graduate Following the establishment of committees in Detroit, Frankfurt Volunteer Network; and Foundation initiatives such as and Perth during the year, there are now 21 Community Leadership, Education, Advancement, Development and Advisory Committees located in Macquarie offices around the Support (LEADS) and Community Resourcing (CoRe). world accessible to a significant majority of staff. The desire of staff to use their skills to help disadvantaged As the Foundation’s international activities continue to people attain higher levels of education and strengthen the gather the momentum that already exists in Australia, there infrastructure and resourcing of community organisations has been a notable increase in the number of staff wanting provided the impetus for the formation of LEADS and CoRe. to volunteer their skills and provide pro bono support to These umbrella programs share a philosophy of achieving community organisations. This provides a strong platform sustainable outcomes as part of a longer-term solution to for the Foundation to facilitate the transfer of skills from the systemic challenges. corporate to the not-for-profit sector. New York staff volunteer to clean up local neighbourhoods for Hands On New York Day earlier this year 02 Annual Review 2011 Working with community organisations has offered Board report enriching opportunities for staff The Foundation spends a considerable portion of its Foundation for a matching contribution to a not-for-profit which efforts throughout the year in understanding skills shortfalls staff themselves have personally donated to or fundraised for. in the community sector and matching organisations All of the Foundation’s supporting donations are thus allocated with Macquarie staff who have compatible experience to organisations around the world that are linked to Macquarie and expertise. As many staff have found, working with staff in this way. community organisations has offered enriching opportunities The Foundation continues to provide grants to other to broaden the use of their skills into avenues not available organisations that meet its funding criteria, and also launched in their work environment. the biennial Macquarie Australian Social Innovation Awards Grants and donations as part of the Foundation’s 25th anniversary celebrations (see page 7 for more information). The increasing number of staff wanting to engage in fundraising, volunteering and pro bono service has also led to Many staff also responded quickly and generously to the a reaffirmation of the Foundation’s approach to grant-making. tragic natural disasters that befell several communities As one of the Foundation’s key objectives is to support staff in early 2011; the Foundation supported those donations. involvement in their community activities, the Foundation For the Christchurch earthquake, the Foundation and Board prioritises funding to those organisations in which Macquarie staff contributed $A23,000; for the Queensland Macquarie employees are directly involved. Under our staff floods $A410,000 was contributed; and for the Japanese support policy, employees are encouraged to apply to the earthquake and tsunami, $A191,000 was contributed to disaster relief efforts. Macquarie Group Foundation 03 Foundation Board Macquarie Group Foundation Board The responsibility of a company and its employees to work members for the betterment of society is just one significant legacy left by the Foundation’s founder and Chairman David Clarke, AO. Richard Sheppard, Chairman, Macquarie Group Foundation David passed away in April this year after a long illness and he David Bennett – Macquarie Capital, Sydney continues to be missed by Macquarie staff, the Foundation Tanya Branwhite – Macquarie Securities Group, Sydney Board and the not-for-profits with which he worked throughout Paul Daitz – Macquarie Capital, New York his career. The Foundation pays tribute to David at right. James Hodgkinson – Alumni, Sydney This is my first report as the Foundation’s Chairman. Michael McLaughlin – Fixed Income, Currencies and The Board comprises 10 senior executives, all of whom Commodities, New York have deep, long-term commitments to a broad range of Kris Neill – Corporate Affairs Group, Sydney not-for-profit organisations. Nigel Smyth – Information Technology Group, Sydney This year the Board welcomed Tanya Branwhite (Macquarie Greg Ward – Corporate Affairs Group, Sydney Securities Group, Sydney), Paul Daitz (Macquarie Capital, Sheryl Weil – Banking and Financial Services, Sydney New York) and Michael McLaughlin (Fixed Income, Currencies Julie White – Head, Macquarie Group Foundation and Commodities, New York). Along with Macquarie’s Chief Information Officer Nigel Smyth, appointed in 2010, these individuals bring the global perspective for the Foundation to continue to support the communities in which Macquarie
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