The foundation is providing $60,000 to retain four school-based support workers.
The workers engage with students at Fairfield High School, Fairfield Academy and Creekside Middle School.
The funds will help provide this service to students for the next two school years.
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Melbourne social enterprise Who Gives A Crap sold nearly 3 million rolls of toilet paper in 2014/15 and gave half the proceeds to WaterAid Australia, but co-founder Simon Griffiths says the donation would have been less had the startup adopted a non-profit model when it launched two years ago.