We grant and invest in communities and organisations across Australia, funding early exploration to substantial investment.

Our philanthropic funding extends beyond traditional grant-making to impact investing.

To date we've granted around $1 billion to more than 200 partners, and invested $140 million in a portfolio of impact investments.

Ways we fund

We take a targeted approach to grant-making, working alongside organisations and our philanthropic peers to find ways to create change together.

Our grant-making mix

  • Co-developed grants with partners
  • Grant-making to a network of partners (for example, Learning Lives Strengthened in Culture)
  • Open grant rounds (for example, the Strengthening Early Years Grant Round with Australian Communities Foundation)
  • Participatory grant making (for example, Creating Partnerships for Potential – a Peer to Peer Initiative)
  • Peer Philanthropy – supporting the grant-making work of our philanthropic partners across Australia (for example, Koondee Woonga-gat Toor-rong)

We do not accept unsolicited grant proposals, however we encourage you to subscribe to our mailing list to stay informed of any grant opportunities.

PRF pays what it takes by ensuring overheads are accounted for in our grant-making process.


Investing for good

Impact investing is a powerful and financially sustainable tool for philanthropy to use alongside traditional grant-making opportunities. It has enormous potential as a catalytic market builder in finding innovative and influential ways to improve the lives of people experiencing disadvantage.

We aim to generate a greater appetite and understanding for how impact investing can be used to create positive change.

To date we have invested more than $140 million in a portfolio of impact investments aligned to our purpose. You can read more about our impact investing news here.

Expressions of interest

We're open to expressions of interest from impactful organisations seeking Program Related Investments.

To register your EOI, please first read the guidelines, then complete the online application.

Impact investment