🌟 Powering Sustainable Change: Pay What it Takes- Funding That Truly Supports Cultural Organizations 🎭 The Tim Fairfax Family Foundation is championing a revolutionary approach to nonprofit funding that goes beyond traditional grant-making. By providing three separate nine-year general operating support grants to Dancenorth Australia Crossroad Arts and Camerata – Queensland’s Chamber Orchestra – Queensland's Chamber Orchestra, they're embracing the Pay What It Takes philosophy. Pay What It Takes is about recognizing that: • Organizations need unrestricted funding to thrive • Overhead and infrastructure are critical, not optional • Sustainable impact requires holistic organizational support These grants do more than fund programs—they fund potential. By providing long-term, flexible funding, the Tim Fairfax Family Foundation is Reframe Overhead by • Supporting full cost recovery • Investing in organizational capacity and infrastructure • Allowing leaders to strategically plan and innovate • Recognizing the real costs of creating meaningful cultural impact and enabling true organizational resilience The Foundation’s approach challenges the traditional nonprofit funding model. Instead of restricting funds to specific projects, these grants provide the essential resources organizations need to build strength from within. This is transformative philanthropy in action: Trust. Flexibility. Sustainability. A powerful example of how funding can truly support the organizations driving our cultural landscape. #PayWhatItTakes #Philanthropy #NonprofitFunding #ForPurposeLeadershop #CulturalInnovation
The Tim Fairfax Family Foundation (TFFF) has announced three separate, nine-year, general operating support grants for three of Queensland’s most important cultural organisations. The grants have been made to Dancenorth Australia, Crossroad Arts and Camerata – Queensland’s Chamber Orchestra. Chairman of the TFFF, Tim Fairfax AC said: “This new funding program reflects our Foundation’s commitment to Queensland and the Northern Territory organisations and the communities they serve. “Multi-year funding is what organisations need to plan with confidence, to strategise how best to realise their artistic vision, and to build meaningful relationships in their communities,” Tim said. “Through this program, we aim to foster a vibrant cultural landscape for rural, regional, and remote communities, and hope to inspire other funders to adopt similarly long-term approaches to their philanthropic activities.” Learn more in the article below, recently published in Philanthropy Weekly. #Philanthropy #Giving #Australiagives
Non-executive Director & Board Chair | Social Impact & Development
3w"These grants do more than fund programs - they fund potential." 👏🏻