Background to Macquarie innovation award
The Macquarie Group has been a supporter of JDRF since 2002. Over this time the Macquarie Group Foundation and Macquarie Group employees have played leading roles in fundraising for medical research to find a cure for type 1 diabetes.
Starting with $10k in support of the Jelly Baby Ball in Sydney, the support provided now encompasses multiple fundraising and partnership activities here in Australia as well as in the UK, Canada and USA. In excess of $2m in total funds has been raised from employee fundraising and matching gifts from the Macquarie Group Foundation for the JDRF One Walk, Jelly Baby Ball events, Spin to Cure Diabetes, JDRF One Ride and JDRF Global Cycle Challenge. In addition, Macquarie staff play a role in the governance and leadership of JDRF nationally and at a state level.
In 2008, the Macquarie Group Foundation committed $2m to JDRF over 4 years to support research innovation in Australia through a formal partnership.
View a video about the JDRF and Macquarie Group partnership
In 2013, JDRF and the Macquarie Group Foundation further strengthened their relationship with the introduction of the Macquarie Group Foundation’s Global Diabetes Research Innovation Partnership. This will drive forward global type 1 diabetes research innovation and deliver international diabetes research leadership.
- The inaugural Global Type 1 Diabetes Research Impact Analysis was commissioned to Professor Linda Butler and launched during the World Diabetes Congress in December 2013. The report was launched by Professor Warwick Anderson, CEO of the National Health and Medical Research Council of Australia at Macquarie Group’s Melbourne office. This report provides independent evidence that Australia is a leading force in the world of type 1 diabetes research.
- The Macquarie Group Foundation Global Diabetes Research Innovation Awards were launched at the World Diabetes Congress in Melbourne in December 2013, designed to recognise researchers who impact innovation, influence research advances and foster international collaboration in type 1 diabetes research.
The 2014 Australian Award was awarded to Dr Stuart Mannering of St Vincent's Institute of Medical Research.
o The 2014 International Award winner was Dr Hanna Skärstrand of Lund University Diabetes Centre, Sweden.
The Global Award is open year-round and is reviewed periodically by a panel of medical researchers and representatives of the type 1 diabetes community.
- Macquarie Group staff continue to demonstrate their support for JDRF through volunteering and fundraising in various capacities. In the past year staff across the globe have raised close to AUD$400,000 for innovative research in to type 1 diabetes. Highlights of their involvement include:
- A Global Cycle Challenge event held in July 2013 in the Italian Dolomites, which attracted 21 participants from three countries and Macquarie staff comprising the majority. This event was championed by a former Macquarie employee, Matthew Rady, and raised CAD$131,169.
- A Ride to Cure Diabetes event in the Barossa Valley in January 2014, which attracted over 350 participants from across Australia. Team Macquarie was made up of 14 individuals, with Richard Staunton as Team Captain. The event overall raised over AUS$1.1 million towards type 1 diabetes research.
- The Macquarie Group and the Macquarie Group Foundation was awarded the JDRF International Partner of the Year Award in 2013. This annual award recognises the corporate partner that has had the most impact on JDRF globally, across its affiliates in Australia, the US, Canada, the UK, Denmark, and the Netherlands.
- The JDRF Canada Ride for Diabetes Research event had a total of 14 teams, comprising 66 participants from across various states, raising CAD$38,711.
- Six Macquarie staff took part in the Virgin London Marathon, raising approximately GBP£18,000, including Macquarie Group Foundation matching support.
- The UK JDRF Ride to Cure Diabetes event in May saw three Macquarie teams take part, raising over GBP$8,000.
- Over 25 walkers took part in the Brisbane Walk to Cure Diabetes in November, raising AUD$3,585.
- A huge number of Macquarie staff continue to give of their time and volunteer with JDRF. We are incredibly grateful for all of the expertise, energy and support these individuals contribute.
JDRF thanks everyone at Macquarie Group for the continued support of our work both in Australia and globally. This support helps bring us closer to our goal of a world without type 1 diabetes.