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Lead Partner Build Sustain 15 th National Conference of Volunteering

Lead Partner Build Sustain 15 th National Conference of Volunteering. Peter Quarmby Executive Director . our story. 2002 - launched as joint venture of Community 21 consortium of 20 not-for-profit organisations & Bendigo Bank

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Lead Partner Build Sustain 15 th National Conference of Volunteering

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  1. Lead Partner Build Sustain • 15th National Conference of Volunteering • Peter Quarmby • Executive Director

  2. our story • 2002 - launched as joint venture of Community 21 consortium of 20 not-for-profit organisations & Bendigo Bank • 2013 - 6,500 not-for-profit customers ranging from small local community groups to national charities

  3. our shareholders

  4. our shareholders • Bendigo Bank (est. 1858) - widely recognised for safe and secure investing • Bendigo Bank aims to be Australia’s leading customer-connected bank

  5. our vision to be the financial institution that strengthens not-for-profits in delivering social change and community wellbeing.

  6. ‘investing for good’- projects • founding partner and investor in Social Enterprise Finance Australia (SEFA) • In-roads - microcredit program for financially excluded Australians • provided finance for more than 1,200 affordable and social homes • Social Investment Deposit Account – giving 50% of account profits to financial inclusion projects

  7. funding innovation ……. a different way requires… • new models based on collaboration • combining social networks with raising capital and delivering social outcomes • real engagement with stakeholders • rethinking the roles of government, private sector and not for profit sector

  8. volunteering in Australia • mobilises 4.6 mil people • contributes enormously to GDP • grass root response • contributes to strengthening democracy so what is the future? how do we shape it? can new media and technology help ?

  9. economic innovation • social innovation • democratic innovation

  10. crowd sourcing • it is not new …. • In 1858 the oxford dictionary was a project of collaboration with thousands of contributors • Source : Oxford Dictionary

  11. what is crowd? • “the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet:” • Source : Oxford Dictionary

  12. a snapshot of crowdfunding 4 models of crowdfunding

  13. international scene: crowdfunding

  14. a snapshot of crowdfunding

  15. a snapshot of crowdfunding

  16. a snapshot of crowdfunding

  17. crowdfunding in australia

  18. more than the money

  19. what does it mean for the sector? • new models will be required • we will need to decide … is it to be competition or collaboration ? • we need to focus on the outcome • our relationship with capital will change

  20. capital raising to keep pace • Community 21 is preparing to raising capital and expand it shareholder base……. • to continue to invest in the development of new innovative financial products and services for the not for profit sector

  21. connecting digitally • /communitysectorbanking • /csbanking • /csbanking • keep ‘in the loop’ by visiting us at www.communitysectorbanking.com.au

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