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Annual Giving
$25K
Grant Range
$1K – $100K

Tips for Applicants

Given the foundation's small scale and focus on WA, applicants should demonstrate strong local connections and clear, measurable outcomes for financially disadvantaged or homeless populations. Keep applications concise and focused on direct community impact in Western Australia.

Giving Philosophy

This foundation focuses on direct support to vulnerable populations, particularly those experiencing financial hardship or housing instability. Given its small annual giving capacity of $25,000, it likely favours targeted, impactful grants to grassroots community organisations serving those in need within Western Australia.

ACNC Financial History

YearGrants GivenRevenueTotal AssetsNet Assets
FY2023
$38K
$6K$683K$681K
FY2022
$35K
$73K$753K$746K
FY2021
$3K$583K$577K
3yr total$73KSource: ACNC Annual Information Statements

Focus Areas

Geographic
AU-WA
Recipients
communitydisadvantaged

Financial Details

Source of Wealth
Corporate foundation deriving its wealth from a business operation, likely connected to a company trading under the Cobalt name (potentially in mining, technology, or professional services sectors).

Board & Leadership

ACNC
ACNC
ACNC
John Palermo
director
ACNC
ACNC
ACNC
Linked from structured person roles rather than unstructured foundation summary text.

Data Sources

Profile quality: low
Foundation profile updated: 10 March 2026 (99 days ago)
Added: 27 February 2026 (110 days ago)
View on ACNC Register →