Community action fund Gwydir learning region

Date Issued:2012-01-01

Abstract

The initial grant benefits us in the following way:- CEFA provides $10,000 of seed-funding to our new Gwydir Education Foundations in the first three years' of its establishment. They match locally raised and donated funds: dollar for dollar up to $5,000 in the first year, 50c in the dollar up to $3,000 in the second year and 25c in the dollar up to $2,000 in the third year. So donors who contributed in the first year in particular know their donation will be matched dollar for dollar.- CEFA's partnerships with education institutions means that students who receive grants from their local education foundation and then study with a CEFA Education Partner can potentially have their local grant matched dollar for dollar. CEFA is partners with all universities in NSW, ACT and SA and we also have partners in QLD and Victoria. As a student at UNE, Ryan will be eligible to receive financial benefits of up to $1000.00 through their co-contribution- CEFA's &quote;Social Return on Investment&quote; research in 2011 indicated that for every $1 invested in CEFA and our local Education Foundations, we generate $3.10 of social and economical value. This value is mostly directed towards local rural and regional youth however we also benefit the Education Partners, Education Foundation committee members and the communities in which the Education Foundations operate.

Show Full Details

This item appears in the following categories