Macquarie Social Innovation Award winner: Fogarty EDvance Program

To read more: http://www.macquarie.com/au/about/community/news-stories/macquarie-group-foundation-announces-the-winners-of-the-australian-social-innovation-award

Macquarie Social Innovation Award

The winner of the 2014 Macquarie Social Innovation Award was also announced today, with the Fogarty Foundation, an Australian not-for-profit organisation that supports and provides educational opportunities for Western Australians, taking out the award. The Award recognises and rewards an Australian organisation or program that addresses an unmet community need in Australia. The Fogarty Foundation won for its Fogarty EDvance initiative, which aims to improve the educational outcomes of students in low socio-economic status communities by providing principals working in low-SES schools with leadership and management skills. In this way it can help develop targeted school improvements.

The Fogarty Foundation will receive $100,000 over the next two years to scale up the EDvance program to attain a critical mass, and to develop its sustainable funding model. Shemara Wikramanayake said the high calibre of submissions received this year meant it was a difficult judging process.

“On behalf of the Foundation Committee and our judges, I would like to commend all the organisations and individuals who participated.

“I congratulate all our outstanding finalists for their commitment to continuing to develop innovative programs that address social needs and long-term community problems.”

The Social Innovation Award finalists were (in alphabetical order):

  • The Australian Centre for Social Innovation, which tackles Australia’s toughest social challenges by developing new ways of doing things.
  • The Centre for Eye Research Australia, which is Australia’s leading ocular research centre.
  • Settlement Services International, which provides settlement and support services to refugees, migrants and asylum seekers across NSW to help them integrate into the community.
  • The Smith Family, which invests in children’s education to help break the cycle of disadvantage in families from low-SES background.

The judging panel for the 2014 Social Innovation Award and David Clarke Fellowship comprised:

  • David Bennett – Committee Member, Macquarie Group Foundation; Chair, Social Enterprise Finance Australia
  • Tanya Branwhite – Committee Member, Macquarie Group Foundation, Board Director, Anika Foundation
  • Michael Traill – Executive Director, Social Ventures Australia; Chair, Goodstart Early Learning
  • Sheryl Weil – Former Committee Member, Macquarie Group Foundation; Board Director, Lifeline Australia and Schizophrenia Research Institute
  • Shemara Wikramanayake – Chair, Macquarie Group Foundation

About the Social Innovation Awards 

The David Clarke Social Innovation Fellowship, established in 2012 in memory of the Macquarie Group Foundation founding Chairman, David Clarke AO, is presented biennially to a CEO of a not-for-profit organisation to visit and research Macquarie Group Foundation 4 best practice innovation around the world. The Fellowship was this year opened up to entrants outside of Australia for the first time, in Hong Kong, New York City and the US.

Macquarie’s Social Innovation Award is presented biennially to an Australian not-for-profit organisation to recognise, promote and reward new ideas that work to meet pressing community needs, alleviate disadvantage and promote social inclusion.

About the Macquarie Group Foundation

The Macquarie Group Foundation is one of Australia’s largest corporate benefactors. In the year to 31 March 2014, the Macquarie Group Foundation, together with Macquarie Group staff efforts, contributed $A24.7 million and thousands of volunteering and pro bono days to over 1,500 community organisations around the world. Since the Foundation was established in 1985, it and Macquarie staff have contributed more than $A215 million globally.

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