Equity Trustees with the assistance of The Australian Centre for Social Innovation (TACSI) seeks to fund ideas that build capability and partnerships that help older Victorians live, age and die well in the place that they choose.
The Royal Commission into Aged Care Quality and Safety has provided further evidence of the importance of the sector and the need for new solutions.
The ageing and aged care environment in Australia is large and complex and in a current state of flux due to changing demographics and activities such as The Royal Commission into Aged Care Quality and Safety.
Equity Trustees’ Innovation In Ageing Grants Program focuses on improving the system for all and supporting innovative care programs aimed at improving lives of older Australians.
- 70% of people say that when they die, they want to die at home – but only 14% get to do so
- 38% admissions to nursing or residential care is because a carer can’t cope with the stress of the role
- Older people who are socially isolated have a 26% higher chance (over 7 years) to die prematurely
The Innovation in Ageing Challenge commenced in 2019 and has supported a number of different organisations and ideas with grants from an annual funding pool of $200,000 and support from TACSI to implement their ideas.
The challenge is supported by the following trusts:
John Saville Eastwood Estate Trust
Selwyn Henry Langston Trust
Sir John Minogue Bequest
The Lynne Quayle Charitable Trust
In 2021 the Innovation Challenge will be looking to support current challenge recipient organisations with further funding to develop their idea beyond the initial development and prototyping stage and will not be opening a new challenge.
Please check back here in 2022 for future Innovation in Ageing Challenge grant opportunities.
VIEW Equity Trustees - Theory of Change Ageing and Aged Care document