Living learning official launch

The Living Learning program was launched on Wednesday, 28 April 2021, at the Hester Hornbrook Academy (HHA) in Sunshine in Melbourne’s west. HHA is an independent school run by Melbourne City Mission for young people disengaged from the traditional school system. The program is funded as an impact investment under the Victorian Government’s $30m ‘Partnerships Addressing Disadvantage’ (or PAD) program (also known as Social Impact Bonds, or SIBs).

The program is important not just because of the social impact on young people, but also because of the way this impact investment is structured. We co-developed a new finance structure that makes it easier for philanthropic trusts to invest in social impact investments. This structure provides opportunities for social service organisations to develop investable projects in collaboration with their philanthropic partners.

The Living Learning social impact investment was fully funded by these five philanthropic Investors:

• Gandel Philanthropy
• Helen Macpherson Smith Trust
• Lord Mayors Charitable Foundation
• Paul Ramsay Foundation​
• The Ross Trust

​To learn more about the project structure  download the fact sheet below. You can also get in touch with us if you are considering developing a Philanthropic Impact Investment project.

Download the Living Learning Investment Fact Sheet PDF

 You can also sign up to attend a Webinar we are running with our capital advisory partners Social Enterprise Finance Australia (SEFA) and Gandel Philanthropy through Pro Bono Education on 27 May 2021. Sign up to our newsletter to receive the registration link for the webinar.

Students and staff at Hester Hornbrook Academy campus in Sunshine, Melbourne