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Mary Reibey Grant
05 October 2011
Described at the time as persevering and entrepreneurial, Mary Reibey had presence in colonial Sydney business circles.
Widowed in 1811 with seven children to raise, the former convict took control of her late husband’s trading business and property interests and grew them.
More ships were purchased to expand trading with India and China and the commercial property interests in Sydney’s CBD saw many tenants, including Australia’s first bank, the Bank of New South Wales (now Westpac), negotiating with their landlord, Mary Reibey.
In retirement, Mary spent much of her accumulated wealth on philanthropic endeavours, in particular education. Day to day we are reminded of Mary’s contribution to colonial Australia through her appearance on the Australian $20 note.
To celebrate and encourage such spirit, the Westpac Foundation is pleased to give the opportunity for today’s like-minded women to be awarded the inaugural Mary Reibey Grant of $50,000.
The Mary Reibey Grant will be awarded to a woman founder, or women chief executive officer of a not for profit founded by a woman, on International Women’s Day, 8 March 2012.
To be eligible to apply, applicants must meet the following criteria:
1. Your organisation was founded by a woman and its current CEO is a woman.
2. Your organisation is a social enterprise or a not for profit with a social enterprise project.
3. Your organisation is relatively new (established less than 15 years ago).
4. Your social enterprise initiative reflects one or more of the following areas: social inclusion, indigenous, education or the disabled.
5. Your enterprise has deductible gift recipient (DGR) status or is auspiced by a DGR.
6. Your enterprise operates/trades in Australia.
If you have answered “yes” to all six statements, you are eligible to apply. We invite you to submit a Letter of Interest as outlined in the attached document: Mary Reibey Grant: Funding & Application Guidelines 2012.