The Circle of Promise is an initiative and part of AAF, which brings together passionate and committed donors to make a significant impact through giving to suitable charitable organisations.

Through the Circle of Promise initiative, donors not only have the chance to learn more about organisations doing great work in servicing the needs of those disadvantaged within the community, but also meet and network with new and interesting people and have some fun doing so.

The initiative also surfaces worthy not for profit organisations working to meet specific needs and facilitates involvement in philanthropy by the Asian Australian community.

How the Circle of Promise initiative works

Each year the Circle of Promise initiative aims to raise funds from donors and supporters through various events and activities. The amount available for and the number of grants each year will be determined by Asian Australian Foundation Limited ACN 607 129 528, as trustee of the AAF.

Currently and going forward, education is the specific area of focus of AAF for granting, specifically through scholarships and through supporting education programs.

How we make grants

 Any decision to grant involves a rigorous due diligence and consideration process which includes amongst others a site visit, consideration of the financial reports of the organisation, its board and management team, background and history and its current and intended operations, activities and projects.

Eligibility criteria for organisations applying for grants

Only applications from organisations that meet the following criteria will be considered.

The organisation must be:

  • incorporated in Australia;

  • registered with the Australian Charities and Not for Profits Commission;

  • have Deductible Gift Recipient (item 1) status (DGR 1) from the Australian Taxation Office;

  • have been operating for at least 24 months; and

  • based in Victoria and the work is for the benefit of the community in Victoria.

Exclusions

Funding is not available for the following:

  • debt reduction or operational deficits;

  • political or fundraising events;

  • where the grant is intended for religious activities (direct or indirect) or where the grant is intended for the principal     benefit of an organisation’s own members or adherents;

  • legal expenses ; or

  • general campaigns.

The Granting Committee of the AAF shortlists applications from organisations for recommendation to the Trustee for decision.

In addition, grant recipients must:

  • use the grant in accordance with the terms of the grant;

  • provide recognition to AAF on their website and other material or publication;

  • provide an acquittal report on how their project progressed within 12 months of receiving funding; and

  • keep in touch with AAF about the organisation and the project.

Be part of the action

Being part of granting is satisfying and rewarding. You'll know that your donation to AAF will help support your community. Contact us at contact@aafoundation.org.au to be part of the Circle of Promise.