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, protection 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 third quarter of the year.
1% Pay the Rent / First Nations Futures
Across the globe, Indigenous peoples represent the most prominent blind spot in the funding community and, in Australia, only 0.5 per cent of philanthropic funding goes to First Nations communities. It’s a shameful statistic and one that requires urgent and committed action to redress.
With existing funding systems in Australia rooted in colonialism and, in many instances paternalism, this statistic is no accident. Strict, rigid and pre-determined eligibility criteria, extensive monitoring and surveillance, lengthy reporting obligations aligned to incompatible theories of change - these are just some of the factors that contribute to the significant barriers facing First Nations community-driven initiatives when it comes to accessing the flexible, sustainable and autonomous funding they need to thrive.
As a First Nations-led and driven funding platform, First Nations Futures stands in stark contrast to existing models and is driving an agenda of economic justice by calling in the shared responsibility of all Australians to collectively invest in First Nations-led solutions. Guided by their own values-based impact framework, the platform delivers unrestricted, long-term and culturally safe funding to a growing network of grassroots, First Nations community-driven initiatives, better enabling them to self-determine their own destinies.
If the last few months have taught us anything it is that, without question, First Nations people must be the architects of their own futures. Supporting community-led funding models, like First Nations Futures, provides a significant opportunity for non-Indigenous Australians to co-invest in this objective and to put allyship with First Nations peoples into tangible, meaningful action, post referendum.
Lend your support:
Co-invest* with First Nations Futures
*In this context, Co-invest is an act of responsibility to collectively invest into a shared benefit without monetary return.
Learn more:
First Nations Futures - Website
First Nations Futures - Impact model
Follow:
Instagram - @firstnationsfutures
Facebook - www.facebook.com/firstnationsfutures
LinkedIn - www.linkedin.com/company/first-nations-futures/
1% For the Earth / Surfers for Climate
Living in a country surrounded by some of the most beautiful coastlines in the world, many of us have a deep love and appreciation for the ocean and how it makes us feel. Significant health and wellbeing benefits aside, our oceans are also a vital part of the fundamental building blocks of life on earth and have the ability to regulate the weather, serve as a carbon sink, and provide food and livelihoods to many millions of people around the world.
Despite this, and the threat posed to all life on earth as a result of the climate change-induced crisis already underway in our oceans, our governments continue to greenlight unprecedented and environmentally catastrophic offshore oil and gas projects, putting Australia’s precious, unique and ancient marine ecosystems at even greater risk.
One group that spends a significant portion of their lives in the ocean, but whose voices are often missing from the climate change conversation, are surfers. However, via a range of educational initiatives and resources, community building events, and successful political advocacy campaigns, Surfers for Climate is working to change this reality by transforming Australia’s many surfing communities into agents for climate action.
While their many community-focused programs aim to encourage individual climate education and action (including their Wavechanger program, Trade Up events and Wipeout Your Emissions resource) their political advocacy and campaign work makes it easy for us all to be better informed and take collective action against disastrous projects like the infamous PEP-11 and more recently, proposed seismic blasting in Gunditjmara sea Country.
When it comes to tackling climate change, the process can feel overwhelming and insurmountable - like we don’t know where or how to begin. By creating an organisation grounded in community, Surfers for Climate helps point those who care for the ocean in the right direction, with a focus on imperfect action over perfect inaction.
Lend your support:
Take action:
No new offshore oil and gas - Stop PEP-11
Learn more:
Follow:
Instagram - @surfersforclimate
Facebook - www.facebook.com/surfersforclimate/
Youtube - www.youtube.com/@surfersforclimate3484/videos
3% to YOURS
There was also an additional $8,739 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, communities and organisations that are 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.
If you want to learn more about Pure Community, you can visit: www.purecommunity.co and if you have any questions, get in touch with us here.
*Pure Community and Pure Finance have no direct affiliation with the organisations and initiatives listed above. We simply appreciate the work that they do, and choose to show our appreciation by lending our support.