The Reichstein Foundation’s priorities over the next three years (2016-18) are:
Australia faces a growing gap between the wealthy and the disadvantaged.
Approximately 2.2 million people (or 12.8 percent of all Australians) are estimated to be living below the poverty line, after taking account of their housing costs. Meanwhile, in the last decade, the richest 10 percent of Australians enjoyed almost 50 per cent of the growth in national income. This is not just unfair – a widening gap is counterproductive to growth, social cohesion and long term prosperity.
The Foundation will invest in a series of major projects designed to reduce inequality in Australia.
Social Justice and the Law
Prison policy impacts most heavily on the most disadvantaged. The Foundation will support a significant program aimed at increasing community safety and reducing crime through investment in prevention, diversion, better re-entry and support for ex-offenders and victims.
The Foundation will work with communities and legal agencies to discourage racial discrimination and to promote more inclusive and human rights focused police and criminal justice services in Victoria.
The Foundation will support efforts for Victoria to become one of the world’s most resource efficient, enterprising and low-carbon intensive economies, and support a mature and informed debate on climate change policy which takes into account the testimony of communities already feeling the impact.
The Foundation will identify emerging activists and projects and seek ways to accelerate their work.
Leadership to advance social change philanthropy
The Foundation will build a strong coalition across philanthropy in support of social change and policy reform, including the development of alliances with public, family, community foundations and private donors to invest strategically in social change projects.