About Us
About nib foundation
Now in our 13th year of giving, the programs we have supported have helped thousands of people across Australia to make positive and lasting improvements to their physical, mental and social wellbeing.
Who we are
nib foundation was created in 2008 as an independent charitable trust following a $25 million donation from nib health funds, which was raised through the issue of new shares at the time of listing nib on the Australian Securities Exchange (ASX) in November 2007.
Our founders continue to support the charitable activity of nib foundation through the provision of unclaimed dividends from their shareholder base. Since 2018 over $2.3 million in unclaimed dividends payments have been transferred to nib foundation Limited to further our mission of helping people and communities lives healthier lives.
nib foundation is comprised of two charitable entities:
- nib foundation Limited is a charity registered with the Australian Charities and Not-for-profits Commission (ACNC) with a charitable purpose of advancing health and advancing social or public welfare.
- nib foundation Trust, also registered with the ACNC, is a Private Ancillary Fund (PAF) that provides funding support to registered Australian charities with Deducible Gift Recipient (DGR) and Charity Tax Concession status.
Together these two entities provide $1.5-$2 million in funding to our partners each year.
Since inception, the foundation has committed over $23.2 million in funding to 180 charity partners to deliver practical health programs that are making a real and measurable difference to the health and wellbeing of people and communities.
Our Partnerships
Each year, we provide about two million in funding to support a range of partnerships with organisations who share our aspiration to help protect the future health of people and communities.
Our three areas of focus are to; Promote Prevention, Enable Equality and Empower Communities.
You can check out our Funding page to learn more. Our Partnership Principles guide the way in which we work with our partners in the community.
Our Impact
We are strong advocates in supporting healthy communities to improve the lives of Australians now and for future generations. This commitment is reflected in the more than $23.3 million in funding invested in community health since our establishment. Learn more in our Community Report.
Last financial year nib foundation’s Prevention Partnerships helped over 600,000 people access programs to build health literacy and make healthy choices to reduce the risks that contribute most to chronic disease.
You can read about the work we are doing alongside our Prevention Partners in our FY21 Impact report.