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Melbourne High School Foundation

Melbourne High School Foundation. Why have a foundation?. Existing Fundraising Bodies. School School Building Fund tax deductible Library Fund tax deductible Langley-Courtice-Thompson Trust specific purpose: disadvantaged. Existing Fundraising Bodies.

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Melbourne High School Foundation

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  1. Melbourne High SchoolFoundation

  2. Why have a foundation? Existing Fundraising Bodies

  3. School School Building Fund tax deductible Library Fund tax deductible Langley-Courtice-Thompson Trust specific purpose: disadvantaged Existing Fundraising Bodies

  4. Existing Fundraising Bodies MHSOBA Inc GM&B not primarily FR think tank MHS Lodge scholarships limited Football, cricket, water polo, hockey self funding Breakfast Club self funding

  5. Existing Fundraising Bodies Parents & Friends Association Friends of music Rowing fraternity Cadet support School fee program MHS Centenary Appeal annual giving

  6. Funding Proposal Steering Committee established School principal Mark Taft Michael Hills School Council Scott Green MHSOB Darvell Hutchinson Trust advisor Ron Beazley GM&B

  7. Funding Proposal

  8. MHS Foundation 22 Founding Members Board of Directors

  9. Board of DirectorsComposition Principal MHS Mark Taft, Michael Hills Helen Szoke (Noel Moloney) MHSOBA Speros Beasley, John Hart, Alan Gregory (John Wertheimer)

  10. Board of DirectorsOffice Bearers President John Hart Vice President Alan Gregory (Mark Taft) Public officer Speros Beasley Company secretary Michael Hills Company Auditor David Parossien (MHS old boy) monthly meetings

  11. Initial Aims Constitution created pro bono by David Coombs of Deacons ( MHS old boy)

  12. Initial Aims Scholarship Trust tax deductible gift recipient status achieved Arts and Culture Trust initially rejected 22.1.09 Register of Cultural Organisations eligible for tax deductible donations unconditional cultural purpose MHS Foundation not acceptable for tax exempt or DGR (tax deductible) status without changing the constitution

  13. Scholarships Lindsay Fox scholarship Brookes fellowship Others: transferred from existing donations 2008-2009 85 $18 - $5000 TV $25000

  14. Cricket and Football Sculptures Arts and Culture Trust

  15. Proposed Structure for MHS Foundation Scotch College Model MHS Foundation Trustee Administration FundRaising Bequests Annual Giving Pledges Arts & Culture Scholarship

  16. Key Issues success in public school environment relationship to existing entities administration

  17. MHS Foundation & Affiliate Organizations Melbourne HS MHS Council Library Fund Langley,Courtice,ThompsonTrust MHS Foundation Trustee School Building Fund Administration FundRaising Centenary Appeal MHSOBA Inc. Bequests Annual Giving P&F Assocn. GM&B Pledges Friends of Music MHS Lodge Rowing Fraternity Arts & Culture Football Cadet Support Cricket Other Scholarship Hockey Endorsements Water Polo Breakfast

  18. Think Tank Small group of selected “in house” individuals School staff council MHSOBA GM&B MHS old boys with expertise

  19. Think Tank Monday August 10 2009 2 hours Convenors Jeremy Ludowyck Colin Green Facilitator Jeremy Ludowyck

  20. Think Tank Subgroups Structure and Administration Scholarships Arts and Cultural Trust Bequests Annual giving appeal Pledge program

  21. Structure and Administration Issues individual entities or umbrella administration intrinsic existing school or MHSOBA funding

  22. The Rome Technique

  23. Advantages integrated program one stop access DGR and TE options avoid overlap attract external funding Difficulties existing groups start-up capital transformational donor administration charges 5% accepted norm minimum fee inflation Structure and AdministrationUmbrella

  24. Structure and Administration Long Term Foundation key for: fundraising marketing building own secretariat

  25. Proposed Structure for MHS Foundation MHS Foundation Trustee Administration FundRaising MHSOBA Inc. Bequests Annual Giving Pledges Arts & Culture Scholarship Endorsements

  26. Scholarships Donations for scholarships tax deductible Purpose Study at MHS overseas as part of MHS course at MHS and subsequent tertiary course overseas as part of MHS or tertiary Mechanism application,selection,administration MHS promotion and negotiation Foundation General Scholarship $3000 X 4 years Bursary $500 X 4 years

  27. Scholarships attractive and useful Issues sustainability several donors general scholarship ideal bursary option transfer existing scholarships to foundation consider sports scholarships individual naming appropriate ? Corporate reserve fund required default administration charge phased in for perpetual

  28. Scholarships Promotion tax deductibility not necessary for bequest provide costing charges website and bequest advice public recognition privacy restraints annual report to donors

  29. Arts and Cultural Trust Register of Cultural Organizations tax deductible Aim promotion literary, performing and visual arts MHS Melbourne community Activities in residence programs contemporary artist presentations and exhibitions acceptance of gifts of artwork purchase of artworks assisting community events

  30. Arts and Cultural Trust Activities in residence programs drama production, lecture program contemporary artist presentations, major events acceptance of gifts of artwork purchase of artworks sponsor joint events with community and outside bodies funding to assist community events funding student productions and works exhibitions of art by past students display of art collections database of old boy artists etc

  31. Arts and Cultural Trust Promotion donor schemegradations of awards ensure autonomy of Friends of music etc data base and mailing explore philanthropic sponsorship naming rights past performances to encourage revisit

  32. Bequests MHS Foundation or its trusts can receive cash shares property other personal assets may be tax deductible wills: tax deductibility not usually an issue cash donations preferable

  33. Bequests change title to Gifts and Bequests gifts living donor bequests deceased estate

  34. Gifts & Bequests Promotion awareness program flyer website encourage unconditional gifts target key groups rapid processing legal opinion panel

  35. Annual Giving Appeal accommodates all sizes of donation no fixed commitment most successful program at Scotch College Current program MHS Centenary Appeal brochure sent each year in May

  36. Annual Giving Appeal Methods Phone campaigns expense, time Email campaigns free, poor response Face to face time, good response Website inexpensive, ignored whole program promotion Leaving year program donation as memorial Year leaders Students as contacts

  37. Annual Giving Appeal exit year link is vital target reunions focus on school and current students avoid multiple requests incorporate MHSOBA birthday card indicate usage advertise events and achievements publicize audit of past donations donor recognition

  38. Pledge Program pledge cash Foundation member for life graded levels related to amount Donors transformational leadership board, committees, school major Recognition Usage of funds Follow-up Committee Promotional events and materials Launch

  39. Pledge Program Issues avoid conflict with other programs target reunions identify usage recognition and targeting Pledge Program Committee

  40. Pledge Program Promotion tax benefits identify best method for each individual recognition WIIFM indentify outcomes Pledge Program Committee

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