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What We Stand For
 
  Macquarie in the Community  
 
  Two of the ways Macquarie Bank seeks to support the communities in which it operates are via the Macquarie Bank Foundation and the Macquarie Bank Collection.  
 
  The Macquarie Bank Foundation  
  The Macquarie Bank Foundation was established in 1984 to formalise the Bank’s community support programme. Finding inspired solutions to difficult problems is one of the cornerstones of Macquarie Bank and this philosophy is synonymous with the approach and work of the Foundation.  
 
  The Macquarie Bank Foundation is proud to support a diverse range of community organisations, with a particular focus on education, the arts, health research, health care, welfare and the environment. Funds are accumulated through a formula based on annual profits, with approximately $2 million given in grants to community organisations over the past year.  
 
  The Foundation provides funding to organisations and community groups in Australia and internationally. Priority is given to projects that have links to countries where Macquarie has offices and most support is given via staff involvement or scholarships and other specific programmes. During the past year funds have been provided to enable Australian students to study overseas through the AFS scheme, and to support Macquarie staff in fundraising for charitable organisations in the United Kingdom, United States, New Zealand and Canada.  
 
  An exciting initiative during the year was the establishment of two major Community Business Partnerships – a National Sculpture Prize and Exhibition in conjunction with the National Gallery of Australia and a Research Alliance with Asthma Australia. These partnerships seek to foster long-term, strategic alliances with key community organisations, enabling the Foundation to become actively involved in community activities and to contribute time and management expertise as well as financial support.  
 
  National Sculpture Prize and Exhibition  
  In partnership with the National Gallery of Australia, Macquarie Bank has created the first National Sculpture Prize and Exhibition, to support and recognise contemporary Australian sculpture.  
 
  The Foundation has committed $500,000 over three years. A prize of $50,000 cash will be awarded for the best contemporary sculpture submitted, chosen by a panel of judges. The Exhibition will be shown at the National Gallery in Canberra from November 2001 to March 2002. A selection of works will also tour and exhibit in Macquarie’s Australian offices. It is hoped that in future years there will be the opportunity to showcase selected works through Macquarie offices worldwide.  
 
  Macquarie Bank and Asthma Australia Research Alliance  
  Over the next five years, the Foundation has committed approximately $1 million to a Research Alliance between Macquarie Bank and Asthma Australia. The key elements of the Alliance focus on asthma research and development:  
 
The Australian Asthma Research Colloquium – a biennial forum to bring together key individuals and organisations committed to asthma research. The Colloquium will discuss a specific research question, showcasing Australia’s leadership in asthma research.  
 
A National Asthma Research Update magazine – a much needed publication aimed at general practitioners, designed to communicate the primary findings and implications of asthma research.  
 
The Macquarie Bank Asthma Research Award – this award for excellence and innovation in asthma research will provide a PhD Scholarship for a student to conduct research in a priority area for asthma.  
 
National Asthma Research Web Site – a site to regularly communicate activities undertaken in asthma research both in Australia and internationally.  
 
The Macquarie Asthma Research Fund – a means of raising funds for asthma research by providing an opportunity for Macquarie Bank staff, customers, suppliers, shareholders and Directors to become involved in the programme.  
 
  Staff matching  
  The Foundation also supports Macquarie staff in their philanthropic endeavours. Staff are encouraged to apply to the Foundation for a match to their charitable donations (established criteria apply). The Foundation aims to support Macquarie staff who provide time and services to community groups and charities, and staff are welcome to make applications on behalf of community organisations that they are involved with in a voluntary capacity.  
 
  Projects that have been funded through staff matching include:  
 
  Mission Australia – Leap of Faith  
  Variety Club of WA  
  Juvenile Diabetes Foundation  
  MS Society of NSW  
  Financial Markets Children’s Foundation  
  Nelson Mandela Children’s Fund  
  Jeans for Genes Day  
 
  The Macquarie Bank Collection  
  The Macquarie Bank Collection was launched in 1986 with the objective of developing an outstanding collection of art works that is readily identified with the organisation, and which reflects the spirit and persona of the Bank.  
 
  The Collection originally set out to contain the works of young, emerging, exciting Australian artists who showed the promise of development and future success. More recently, the works of some of Australia’s more established artists were acquired and continue to form an important part of the whole. However the focus remains on supporting young artists who show a special level of talent and future promise. This reflects Macquarie’s aim to encourage youthful and energetic talent within its own activities as a leading Australian financial institution.  
 
  The Macquarie Bank Collection has earned a reputation as one of Australia’s most cohesive, considered and exciting compilations of contemporary Australian talent.  
 
  The theme of landscape has been the focus of the Collection since its establishment – landscape remains an area of artistic expression that is readily accessible to all.  
 
  Works for the Collection are acquired by an Art Committee from the Bank, and are shown in the Bank’s Australian and international offices.  
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