Australian Stockbrokers Foundation
Raising Funds for Brighter Futures
The Australian Stockbrokers Foundation has raised over $9.5 million, since its inception, which has been donated to a variety of charities.
It was over 25 years ago that a group of brokers gathered in the Grosvenor Place board room of Prudential Bache to discuss how we could assist an approach from John Menadue (then chairman of QANTAS and a patron of The Matthew Talbot Hostel) to aid the refurbishment of The Talbot’s main facility in Riley Street Woolloomooloo.
At the time Australia was emerging from an ugly recession and foreign investment banks were buying out local broking houses following the failure of the Aussie banks’ foray into stockbroking. Nevertheless, an Event Committee was formed, plans were made and the first Stockbrokers Awards dinner was held at the Regent Hotel, with $160k raised for The Talbot.
Buoyed by this success it became an annual event, and it continues to be the largest gathering of stockbrokers each year.
We had no idea that this legacy would continue for more than twenty-five years. And it's still going strong.
Each year the Australian stockbroking community gathers in Sydney to raise money for charity.
More than 400 industry practitioners gather to open their hearts (and their wallets) to those less fortunate members of our community.
We hold the ASF Awards Dinner every year, and the proceeds go to a variety of selected charities.
The ASF does not employ staff, meaning its costs are minimal, and we are in a position to distribute the majority of the proceeds collected.
The ASF committee is made up of people working in and connected to the stockbroking industry.
There are a variety of ways in which you can become involved in helping those less fortunate and we would be pleased to talk with you about opportunities.