Community Impact Day
Since its inception in 1999, Community Impact Day has taken place every year in December. The Bain offices close for the day, allowing all staff to participate in volunteer activities with Charity / Community organisations.
Australian Charities Fund
The Australian Charities Fund (ACF) was developed as a result of pro-bono work done by a team of Bain consultants for the Garvan Institute of Medical Research. The team researched charitable giving in other developed countries and observed that individuals in those countries give as much as three to six times more than the average Australian. The team reasoned that the missing ingredient might be a facility that would enable Australians to donate to the charity of their choice in an easy, effective and tax efficient manner. This insight quickly developed into ACF.
ACF's vision is to see significant social impact through employers and community organisations working together. As a social enterprise, our mission is to facilitate engaged employee giving (workplace giving programs, fundraising, time and skills sharing) by providing advice, capacity building, facilitation and leadership to employers and community organisations.
ACF's experience has been built from helping over 100 employers to launch and grow employee giving programs. These programs reach more than 250,000 employees and have generated over $60 million in direct financial contributions to 180 community organisations.
For more information, please contact glinda.major@australiancharitiesfund.org.au
Bain Workplace Giving
Bain & Company Australian employees have access to a workplace giving program (developed and facilitated by ACF) that supports 11 community organisations. These organisations were selected based on results of a staff survey and in-line with Bain values and objectives. The program enables employees to make tax effective donations from their gross income. Since the program began in 1999, over $900,000 has been donated to these community organisations. Giving through your pay is one of the most cost efficient and effective ways to give to charities.
Bain's Australian office supports numerous other community initiatives through consulting, pro bono, Community Impact Day and financial support.
ABCN
As a founding member, Bain Australia has developed a close relationship with the Australian Business and Community Network (ABCN) and has supported the development and refresh of its strategy. For the past few years, Australian Bainees have been involved in several ABCN initiatives including GOALS (a mentoring program for 14-15 year olds) and SPARK (a primary school reading program). These programs not only offer educational benefits to students, but they also give them the opportunity to meet people outside of their own communities, broadening their vocational and educational mindsets. In addition, numerous Bainees have participated directly in programs which provide mentoring to high-needs students, as well as Bain partners serving as coaches to select school principals.
The Chris O’Brien Lifehouse at RPA
Opening in 2013, The Chris O'Brien Lifehouse at RPA will be a world-class cancer treatment and research facility providing integrated care to patients and carers. A charity, Lifehouse will re-invest income to drive innovations in cancer treatment, care, research and education. With 1 in 3 Australians affected by cancer in their lifetime, Lifehouse will provide a brighter future for all Australians.
Bain has been involved with Lifehouse on a pro-bono basis since its inception. We helped articulate the initial vision and define the Lifehouse concept, working together with other advocates of Lifehouse to obtain buy-in from key government stakeholders. Together with the Lifehouse executive team, we undertook financial modelling to ensure financial sustainability during both the construction and operation phases, and provided ongoing support for these models. Most recently, we have assisted the executive team to develop a ‘flight plan’ to turn the Lifehouse concept into a working hospital, and supported the development of the internal processes and structures needed to realise the Lifehouse vision.
Australian Brandenburg Orchestra
The Australian Brandenburg Orchestra is just over 10 years old and has already established itself as the nation's finest baroque orchestra. Bain has provided strategic planning and implementation support, on a pro-bono basis, to the orchestra. Bain teams have been involved in a wide range of activities from optimising growth and yields to constructing compelling corporate sponsorship packages. This has led the orchestra board to invest in a customer management system - a key element in building audience loyalty and optimising the economics of performances. A Bain team conducted the financial analysis and presented the recommendation to purchase the system to the board, which includes CEO's and directors of several major corporations.
