About the fund
The Tasmanian Community Fund was established in 1999 to provide grants to not-for-profit organisations. The fund arose from the sale of the Trust Bank. The sale proceeds were used to gain two particular benefits to the community:
- retirement of a portion of State debt; and
- establish a community fund to distribute an annual appropriation to the community through grants.
The legislation provided that the appropriation would be maintained in line with the consumer price index.
Tasmanian Community Fund Act 2005
In 2005, Parliament passed stand-alone legislation which governs the Fund's operations. The new legislation preserved the main principles enshrined in the original legislation, including:
- the Board has full autonomy to set the Fund's direction and award grants; and
- funds provided to the Board for distribution are guaranteed and not subject to Budget deliberation.
Under the legislation, Board members must act honestly and in the best interests of the Tasmanian community, and to avoid any conflicts of interests.
Our vision is to work with Tasmanians to make a difference.
We provide grants to community organisations that make a difference by improving the social, environmental and economic wellbeing of the Tasmanian community.
Since 2000, the Board has assessed around 4,600 applications for funding, requesting over $260 million.
Following a rigorous assessment of each of those applications received in eighteen general rounds and four targeted funding rounds, the Board has approved $50 million in grants to 1,380 projects. The amount of funds allocated, and the number and variety of project funded, makes the Fund a significant source of funding for Tasmanian community organisations.
In 2009-10, total funding of $6.11 million was awarded to 194 projects.
We make grants to community organisations that make a difference by enhancing well-being and improving social, environmental and economic outcomes for the Tasmanian Community.