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Corporate social responsibility (CSR) refers to business practices involving initiatives that benefit society. A business's CSR can encompass a wide variety of tactics, from giving away a portion of a company's proceeds to charity, to implementing "greener" business operations.

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The McGrath Foundation is an organisation created by Jane and Glenn McGrath after Jane was diagnosed with breast cancer at the age of 21. (Source 1)  The foundation also funds McGrath Breast Care Nurses who support individuals and families suffering from breast cancer. (Source 1)

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Mission Statement – the McGrath Foundation mission statement is to ensure every family experiencing breast cancer has the support of a Breast Care Nurse, no matter where they live for free. (Source 4)  The goal of the foundation is to raise money to support McGrath Breast Care Nurses.(Source 4)

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In 2020 67.4 cents from every dollar donated went into ensuring that every family suffering from breast cancer got the appropriate care that they needed. (Source 5) There was also a 10.8% spend increase in funding for their mission statement. (Source 5)

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Strengths Weaknesses  The company raises money to help people suffering have Breast Cancer Nurses available. (Source 4) There are 170 Nurses across Australia. (Source 6) 95,000 families have been helped in 2005. (Source 6)  It can cost $2.5 million to raise $4 million. (Source 8) There are only 170 nurses, meaning that some patients may not get the necessary care. (Source 4) They lost $1.46 million in 2020. (Source 10)

Opportunities  Threats    The business was co-founded by a well known cricket player. (Source 7) The company may lose some employees as many reviews have stated that the company does not treat them very well. (Source 9) The company could lose all their money. (Source 10)

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Stakeholders would be happy with the business. Business has 170 Breast Care Nurses.  Has helped over 95,00 families.

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Source 1 -  https://www.mcgrathfoundation.com.au/   Source 2 -  https://www.smh.com.au/national/its-not-just-cricket- mcgrath-foundation-changes-logo-to-broaden-appeal-20161230-gtk0td.html   Source 3 -  https://www.hermes-ltd.ru/corporate-responsibility   Source 4 -  https://www.mcgrathfoundation.com.au/about/   Source 5 -  https://d3c8e6vqu4m19g.cloudfront.net/app/uploads/2020/12/2020-Annual-Report-McGrath.pdf   Source 6 -  https://www.mcgrathfoundation.com.au/about/what-we-do/   Source 7 -  https://www.mcgrathfoundation.com.au/about/jane-mcgrath/   Source 8 -  https://www.thirdsector.com.au/the-issues-with-fundraising/   Source 9 -  https://www.glassdoor.com.au/Overview/Working-at-McGrath-Foundation-EI_IE1495567.11,29.htm   Source 10 -  https://d3c8e6vqu4m19g.cloudfront.net/app/uploads/2020/12/FY20-McGrath-Financial-Statements-Final-6-October-2020-FINAL.pdf

McGrath Foundation
est. 2005  

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 Source 1 -  https://www.mcgrathfoundation.com.au/   Source 2 -  https://www.smh.com.au/national/its-not-just-cricket- mcgrath-foundation-changes-logo-to-broaden-appeal-20161230-gtk0td.html   Source 3 -  https://www.hermes-ltd.ru/corporate-responsibility   Source 4 -  https://www.mcgrathfoundation.com.au/about/   Source 5 -  https://d3c8e6vqu4m19g.cloudfront.net/app/uploads/2020/12/2020-Annual-Report-McGrath.pdf   Source 6 -  https://www.mcgrathfoundation.com.au/about/what-we-do/   Source 7 -  https://www.mcgrathfoundation.com.au/about/jane-mcgrath/   Source 8 -  https://www.thirdsector.com.au/the-issues-with-fundraising/   Source 9 -  https://www.glassdoor.com.au/Overview/Working-at-McGrath-Foundation-EI_IE1495567.11,29.htm   Source 10 -  https://d3c8e6vqu4m19g.cloudfront.net/app/uploads/2020/12/FY20-McGrath-Financial-Statements-Final-6-October-2020-FINAL.pdf  

McGrath Foundation est. 2005

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