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Stellar Partnerships

5 lessons from million dollar partnerships

Social media is set up to make you envious. Like When Harry Met Sally, you want what they’re having. It’s the same feeling when you see an announcement of a big corporate-community partnership. It looks effortless and polished, like an Instagram influencer’s daily posts. But behind the scenes there’s plenty of hard work, sleepless nights and uncertainty

Corporate partnerships are more than money. At their best, they solve complex problems, amplify impact, and inspire both employees and communities. The FIA Best Strategic Partnership Awards, sponsored by Stellar Partnerships, have spotlighted some outstanding collaborations in recent years: Beyond Blue & Australia Post, Dolly’s Dream & EssenceMediacom, and Mission Australia & Great Southern Bank. We’ve gone behind the curtain with all of these success stories and pulled out some key lessons for everyone seeking million dollar partnerships.

Together, these stories show how partnerships can move from transactional to transformational. So what can every non-profit, large or small, take away from these high profile successes?

1. Strategic alignment is non-negotiable

Every great partnership starts with a clear fit between the corporate’s business strategy and the non-profit’s mission.

When Australia Post asked its stakeholders where it could create the strongest community impact, mental health emerged as a priority. Beyond Blue was the perfect match: a trusted organisation tackling one of the most urgent issues in Australian society. Their partnership began with trial programs in regional communities and soon grew into national campaigns reaching millions.

The same principle drove Great Southern Bank’s partnership with Mission Australia. Having rebranded to sharpen its purpose of helping Australians own their own home, the bank deliberately sought a partner aligned to dignity, stability and affordable housing. Mission Australia’s expertise in social housing was the natural fit.

Lesson: Don’t chase dollars. Chase alignment. When values, goals and assets match, the impact is far deeper and longer-lasting.

2. Relationships eat transactions for breakfast

Money is part of the picture, but trust, commitment, and multi-layered relationships create staying power.

Beyond Blue and Australia Post worked hard to build relationships at every level, from CEOs to local post office staff. This web of connections ensures the partnership survives leadership changes and keeps fresh ideas flowing.

For Dolly’s Dream, the key was EssenceMediacom making them their only national pro bono partner. This focus gave the small charity singular attention and helped transform its visibility. The relationship was built on shared values and personal commitment, not just annual cheques.

Lesson: One-off donations fade quickly. Relationships built on trust and continuity multiply impact over time.

3. Innovation and co-design drive impact

Partnerships are most powerful when corporates bring more than money- they bring their unique expertise and networks.

EssenceMediacom didn’t just fund Dolly’s Dream; they mobilised their media connections to secure over $8 million in pro-bono advertising in a single year. From cinema ads to national broadcasters, the campaign reached 145 million people and turned Do It For Dolly Day into a household event.

Great Southern Bank co-designed an ambitious energy efficiency program with Mission Australia, installing solar panels, efficient hot water systems and LED lighting in social housing units. Tenants began saving $45 per month on bills — a life-changing difference for people on low incomes.

Australia Post leveraged its logistics network to deliver 16 million prepaid postcards carrying mental health messages and space for people to write to loved ones. Beyond Blue could never have achieved that reach alone.

Lesson: The most valuable corporate asset may not be cash; it’s creativity, networks and problem-solving muscle.

4. Measure What Matters

Partnerships thrive when impact is visible and measurable.

Australia Post tracked the postcard campaign carefully: 99% of recipients said it had a positive effect, and 77% felt better informed about where to find mental health support.

Dolly’s Dream recorded extraordinary growth. In just four years, campaign registrations jumped from 82 to more than 1,000, fundraising leapt from $70,000 to $802,000, and pro-bono media value reached $15.5 million.

Mission Australia and Great Southern Bank built a dashboard to measure carbon savings and energy use across properties. They didn’t just prove financial return — they demonstrated environmental and social change.

Lesson: Dollars raised are just one measure. Prove how lives, communities and even the environment are improved- and the partnership story sells itself.

5. Benefits Must Flow Both Ways

The best partnerships create pride and purpose inside the corporate as much as impact outside.

EssenceMediacom staff saw Dolly’s Dream as a highlight of the year, with engagement so strong it boosted morale and even employee retention. In a media industry with young workers and high turnover, the corporate achieved a 100% retention of all staff that worked on the campaign.

Australia Post employees took pride in supporting Beyond Blue, whether through local fundraising or attending events, strengthening both team culture and brand value.

At Great Southern Bank, staff volunteered, fundraised, and saw firsthand how tenants’ lives were improved. Customers noticed too, rating the bank as more purpose-driven and community aligned.

Lesson: A partnership that motivates employees, excites customers, and strengthens reputation will last longer, because it matters to the business too.

These million-dollar partnerships aren’t accidents. They’re built on alignment, trust, innovation, impact measurement and mutual benefit.

Whether you’re a grassroots charity or a national household name, the lessons are the same: find the right partner, co-design solutions, and measure what matters. The money will follow, but the real prize is creating partnerships that change lives, shift systems, and inspire entire industries to think bigger.

Want more real-world examples and frameworks for building strategic partnerships like these? Grab a copy of our book Partnerships Reimagined. It’s your practical guide to making partnerships that are smarter, bolder, and more commercially savvy.