The Pratt Foundation
The Pratt Foundation was established in 1978 by Richard and Jeanne Pratt with the shared vision of supporting charitable enterprises and adding value to philanthropy. The Foundation is now one of the largest private sources of philanthropy in Australia.
As Heloise Waislitz, the Chair of The Pratt Foundation says, “Involvement in philanthropy brings great responsibilities. But it is also a great privilege to be involved in activities which are aimed at enriching the communities in which we live”.
The Pratt Foundation has shifted from being predominately re-active to submissions to being predominately pro-active in its choice of projects. The Foundation pursues its own initiatives and no longer considers unsolicited submissions.
Perhaps the best way to sum up the journey so far and to point the way ahead, is to consider the Foundation’s mission statement: “To enrich the lives of our community”. This statement highlights the diversity and pluralism of the communities which The Pratt Foundation serves in Australia and Israel and its commitment to add value to them.
Some years ago The Pratt Foundation adopted a grant making policy that is more strategic and pro-active in our areas of interest and to enrich the lives of the community more productively and efficiently. The Foundation no longer accepts unsolicited submissions.
The Foundation continues to fund a variety of philanthropic activities. But the choices are made on the basis of the research and initiatives the Foundation undertakes.
Sam Lipski AM
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