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Foundation Funding

- Chisholm Institute of TAFE Board provided the seed funding for the Foundation with $72,630 from funds reserved by the predecessor institutions
- Chisholm Institute of TAFE has pledged an annual contribution of 5% of investment income to the Foundation
- Chisholm Institute of TAFE administers the fund at no cost to the Foundation
- A Board of Trustees presided over by an independent chair and comprising representatives of Board, staff and the broader Chisholm community is responsible for the governance of the Foundation
- Donors include the -
Rotary Clubs of Berwick, Chelsea, Dromana, Endeavour Hills, Frankston, Hampton, Hastings Western Port, Keilor, Mt Eliza and Rosebud
Rosebud Police and Community Charity Golf Day Committee Sensis Yellow Pages FGB Natural Products Bev Marks Australia Consolidated Insurance Agencies Soroptimist International (Chisholm)
private donors who support scholarships for the Afghan, Indigenous and African communities, the Emerson Scholarship, Barbara Blundell Bursary and Sue Polgar Memorial Scholarship.
- Chisholm Institute staff and students support the Foundation by donating funds through Campus Networks, student projects and social fundraisers
- The South East Development (Melbourne) Area Consultative Committee donated a total of $120,000 in 2008/2009 to set up a perpetual funding for annual manufacturing awards
- Foundation funds at the end of March, 2010 were $498,990
- Regular contributions of $5.00 fortnightly or weekly over a year mean -
|
Number of Donors |
$/Fortnight |
$/Week |
|
100 |
$ 13,000 |
$ 26,000 |
|
200 |
$ 26,000 |
$ 52,000 |
|
500 |
$ 65,000 |
$130,000 |
|
1,000 |
$130,000 |
$260,000 |
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