As an organisation, Pure Finance is committed to putting 5% of revenue to work for good via our impact giving model: Pure Community. This 5% is then split between three distinct impact areas:
- 1% to Pay the Rent - Supporting the self-determination and re-empowerment of First Nations people and communities
- 1% For the Earth - Supporting environmental resilience and climate activism
- 3% for our NFP, YOURS - providing access to no cost, no interest loans and enabling participants to meet economic necessities and/or realise personal or professional goals with dignity and autonomy.
Let's take a look at where the community sent its support for the first quarter of the year.
1% Pay the Rent / 2023 First Nations Homelessness Fundraiser - DJ Kirra + grassroots collective
Almost 1 in 3 Indigenous Australians aged 15 and over have experienced homelessness at some time in their life, around ten times the rate of other Australians. For many of those that are homed, overcrowded dwellings remains a significant issue, and, in 2018 half of all Indigenous Australians living in remote areas, and more than 30% of those in major cities were living in homes with major structural problems.
While the Federal Government’s commitment of $100 million for remoting housing over the coming years will deliver some urgently needed resources, these are limited to remote communities in the NT. Unfortunately, this is a nationwide issue.
This quarter we’re Paying the Rent with $2,627 to the 2023 First Nations Homelessness Fundraiser led by DJ Kirra and their grassroots collective, who maintain a concentrated effort in Far North QLD, where there is a severe shortage of emergency shelter beds for homeless youth.
Lend your support:
1% For the Earth / Menindee Community Relief - GoFundMe
Mendinee in western NSW exists as a fairly complete and apt example of the range of environmental challenges being managed by regional communities across the country. Much like other parts of the state, the small community is currently reeling from significant and widespread flooding, which has devastated homes and infrastructure.
At the same time there is limited access to safe drinking water due to the chronically ill Darling-Baaka river, in which up to 20 million native fish have recently perished during a mass kill. Bureaucratic failures and broken promises have forced the community to take matters into their own hands, something they are well practised at after years of neglect.
Our environmental contribution of $2,627 this quarter is to a Menindee Community Relief fundraiser. Support raised will be used to overcome existing logistical issues and recover personal costs, provide access to food, safe drinking water, and other essentials to impacted residents. Beyond this, there is still a need to rebuild flooded houses.
Lend your support:
Police to review emergency response to Menindee fish kill - The Guardian
3% to YOURS
There was also an additional $7,879 added to the YOURS lending pool this quarter.
On behalf of all of us at Pure Finance, we want to thank all of the people working hard to make our world a more just and equitable one. It is an honour to be able to support your work in ways both big and small.
*Pure Community and Pure Finance have no direct affiliation with the organisations and causes listed above, we simply appreciate the work that they do, and choose to show our appreciation by supporting them.