University of Tasmania Foundation Brochure 2012
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Transcript of University of Tasmania Foundation Brochure 2012
...endowing the futurewww.utas.edu.au/foundation
3082
“World-class universities generally have three main streams
of income: government funding (including research grants),
fees and philanthropy. In 17 short years the Foundation
has achieved wonderful things in the area of philanthropy,
growing its funds from essentially zero to $33 million and now
distributing over $4 million each year back to the University
and our students.
Philanthropy is important to the University and I am working
with the Foundation to move it to the next level in helping us
achieve the strategic objectives of Tasmania’s university –
whether that be by enhancing current research and teaching
programs or facilities at UTAS or raising donations for new
initiatives and building projects. The flagship program of the
Foundation is its wonderful Scholarships Program, which
provides, through the generosity of our donors and corporate
supporters, considerable financial support to our students,
often to those with significant financial need. This is important
for Tasmania as we strive to increase our participation rates in
higher education.”
Professor Peter rathjen Vice-chancellor UniVersity of tasmania
ABOUT USUniverSiTy Of TASmAniA
The University of Tasmania (UTAS) is an international university based in Tasmania.
The University was founded by an Act of the Tasmanian Parliament on 1 January 1890,
and being the fourth oldest university in Australia, we are an original ‘sandstone’ university.
UTAS is committed to the creation, preservation, communication and application
of knowledge, as well as excellence in all teaching, research and scholarly activities.
Our research is integral to our identity and sense of purpose and we aspire to be
ranked in the top 10 research universities in Australia.
At UTAS, we continue to make far-reaching educational, cultural and economic
contributions to Tasmania, Australia and the world. While we maintain a strong and
distinctive Tasmanian identity, our programs and research are international in scope,
vision and standards. Our community includes over 80,000 graduates who are now
sharing their expertise and ideas across the globe in over 100 countries.
We work hard to stay connected and contemporary, creating life-changing,
life-shaping experiences that provide the foundation on which to build careers
and success for our students.
To find out more about the University of Tasmania visit www.utas.edu.au
2 3 endowing the future endowing the future
OUr AcTiviTieS Aim TO enSUre UTAS remAinS A
viBrAnT inSTiTUTiOn – A leAder in edUcATiOn
ThAT prOdUceS qUAliTy grAdUATeS And
reSeArch cOnnecTed TO The BUSineSSeS And
indUSTrieS nOT Only in TASmAniA BUT AcrOSS
AUSTrAliA And The wOrld.
UTAS fOUndATiOnThe UTAS Foundation is the fundraising arm of the University, managed by the
UTAS Advancement Office. Our activities aim to ensure UTAS remains a vibrant
institution – a leader in education that produces quality graduates and research
connected to the businesses and industries not only in Tasmania but across
Australia and the world.
We assist the University to achieve its mission and strategic objectives by
working with our alumni and friends to accept, acknowledge, manage and
allocate gifts. Financial support from our alumni and friends is vitally important to
ensure that the University continues to fulfil its mission as Tasmania’s university
and is able to make a significant contribution to the cultural, economic and social
development of Tasmania.
The UTAS Foundation is governed by an independent board of directors with
a CEO responsible for managing the operations of the Foundation. The UTAS
Foundation currently manages over $33 million in funds, from which we are able
to support a growing range of programs reflecting the priorities of UTAS.
Find out more about the UTAS Foundation by visiting
www.utas.edu.au/foundation
cOnTenTS
UTAS FOUNDATION 3WHY SUPPORT UTAS? 5RECOGNISING YOUR SUPPORT 7MAkING A BEqUEST 9UTAS APPEAlS 10
UTAS SCHOlARSHIPS PROGRAM 13PROVIDING AN ANNUAl SCHOlARSHIP 14SUPPORT UTAS 15CONTACT US 16
“Support from our alumni and friends
has ensured that our programs, such as
the Annual Appeal and the Scholarships
Program, have been successful and continue
to provide lasting benefits to the University
of Tasmania and its students. I would like to
thank you, on behalf of the University and the
UTAS Foundation, for your support.”
COlIN JACkSON CHAIR OF THE UTAS FOUNDATION
5ENDOWING THE FUTURE
As the only university in Tasmania, UTAS is focused on retaining the
brightest students and ensuring increased participation while creating
avenues for innovation and excellence that often contribute to commercial
opportunities for local, national and international enterprises. The key areas
of research excellence at UTAS are broad and include medical research,
marine and Antarctic studies, agricultural science, chemistry and
earth sciences.
The UTAS Foundation manages gifts with a personalised approach by
providing donors with a single contact within the Advancement Office.
Supporters receive advice relevant to their areas of interest within the University
and access to meet with students and faculty staff, tour facilities and receive
appropriate recognition.
Providing financial support to UTAS translates to an investment in the future
of Tasmania and its people. As the University that represents the whole of the
State we take the challenge seriously of increasing participation in tertiary
education and retaining the brightest students. UTAS is forward looking,
with established campuses in Burnie, Hobart and Launceston. These locations
enable students from all parts of Tasmania to access the University.
At our heart, UTAS is about people, what they can become,
what they can create and how they can inspire.
why SUppOrT UTAS?
The UTAS Foundation has a vision to enable the key areas of excellence, and
those identified as the greatest priority by the University, to accelerate their
achievements through provision of funding for targeted projects and programs.
To facilitate this vision the Foundation has established a Development Fund
where donations can be directed. Donations to the fund are untied to a specific
purpose; however, there is a commitment for these gifts to be directed to areas
of greatest priority and need within the University.
Donations to well-established programs, such as the UTAS Scholarships
Program, are vital if the brightest students, as well as those most in need of
financial assistance, can be provided the opportunity and support to study
at UTAS. The prosperity and development of Tasmania, Australia and nations
around the world will be influenced directly by the teaching and research
outcomes of their universities. The entire community can be a part of the future,
a brighter future of Tasmania and our students, by investing in UTAS.
Endowment funds established from gifts from alumni and friends are
increasingly important in enabling UTAS to support initiatives essential to
the achievement of its aspiration to be a leader in new ideas, new knowledge
and new approaches to the issues that impact our society. This may include
scholarships to exceptional and needy students, attracting outstanding
academics, purchasing cutting-edge equipment or building world-class facilities.
AS The Only UniverSiTy in TASmAniA, UTAS iS fOcUSed
On reTAining The BrighTeST STUdenTS And enSUring
increASed pArTicipATiOn while creATing AvenUeS
fOr innOvATiOn And excellence.Pictured left: Joe Kadisha – Corporate Express Scholar and Paul Vincent – State Manager – Tasmania, Corporate Express
7ENDOWING THE FUTURE
The Foundation places great importance on appropriately and sensitively
recognising donors. Recognition serves many purposes, including:
• Donorsareappropriatelyacknowledgedfortheirthoughtfulness
and generosity
• Publicacknowledgementcanserveasanimportantexampleof
philanthropic leadership to others who may be contemplating a gift
Depending on the type and size of gift, recognition may be given in a variety
of ways, including:
• Foundationmembership
• RecognitionontheFoundationwebsite
• Thenamingofascholarship
• Recognitionin,andreceiptof,thebi-annualFoundationUpdate
• Invitationtospecialevents
• Forsignificantgiftsitmaybepossibletonameafacilityorpart
of a facility
Many scholarship donors enjoy meeting with the students who they support,
learning of their academic progress and seeing the benefits of their support
through the personal growth of the students. Donors who support other activities
and programs, such as research areas, are provided opportunities to meet with
faculty staff and researchers, tour facilities and be briefed on research and
teaching developments.
Significant donors may also be invited to join the Vice-Chancellor’s Circle,
which is a small group of highly engaged individuals who provide advocacy
through their generosity to the University. Members of the Vice-Chancellor’s
Circle are provided with opportunities to meet with the Vice-Chancellor to
discuss their areas of interest and receive invitations to events.
The UTAS Foundation respects the wishes of donors. All donor details are
confidential and gifts can be made in confidence with anonymity assured.
recOgniSing yOUr SUppOrT
mAny SchOlArShip dOnOrS enjOy
meeTing wiTh The STUdenTS whO They
SUppOrT, leArning Of Their AcAdemic
prOgreSS And Seeing The BenefiTS Of
Their SUppOrT ThrOUgh The perSOnAl
grOwTh Of The STUdenTS.
Pictured left (back L-R): Jim Reid, Ruth Mallett, Damian Bugg AM QC, Carmen Whiteley, Mark Bennett, Ellen Manning (front L-R): Kate Bennett, Jenny Bugg, Hollie Gamble
9ENDOWING THE FUTURE
“Since Steven commenced his PhD at AMC and Delft University of
Technology, Netherlands, in 2008, we have found the staff and students
very welcoming and enthusiastic. We have also been encouraged by
AMC’s willingness to aid the development of Australian innovations.
Subsequently, we decided to bequeath two scholarships to allow future
generations to benefit from a similar experience to ours and continue
the tradition of conducting research into naval architecture and marine
engineering related innovations. In particular we are keen to attract women
to conduct research, especially given the increasing strength of women in
a traditionally male dominated field.”
STEVEN SCHMIED AND PAUlINE GElEYNSE BEqUEST DONORS
“I can’t think of a better way to celebrate
education than giving a theatre student a real
opportunity to excel. My bequest will give
students a head start in their theatre pursuits
and their tertiary training for years to come.”
PETER HAMMOND HEAD OF PERFORMING ARTS
mAKing A BeqUeSTLeaving a bequest to the University is a significant way for alumni and friends to make an enduring
contribution to their community.
Funds from bequests are targeted only to those areas specified in the will of the donor. Where there are
sufficient funds to establish an endowment, the funds are invested by the UTAS Foundation on ‘trust’
and the Foundation protects the capital value of the original donation. Each year, before money can
bedistributedfromatrustfund,apercentageoftheincomeearned,whichrepresentsCPI,isadded
to the capital. The remaining income is then provided for the purpose of the trust fund.
Therefore, as the capital of a trust fund increases over time, the capacity to maintain the real value of any
payment is retained. While bequests can be made for specific purposes, the most valuable gifts are untied,
providing the opportunity for donors to support the University’s areas of greatest need.
Bequests can be:
• Agiftofmoney
• Apercentageofanestateortheresidueofanestateonceotherneedsaremet
• Aproperty,land,shares,artworkorotheritemofvaluethattheUTASFoundation
can hold or sell at the desire of the donor
The list of ways to support the University is extensive and Advancement Office staff are available to
discuss these with you or with legal advisers confidentially. An experienced Advancement Officer can
assist to develop an individual plan to endow for the future of UTAS. The UTAS Foundation provides
adviceonlyasageneralguide.Itisrecommendedthatdonorsseekindependentlegalorfinancialadvice.
inclUding A BeqUeST in yOUr will
Gifts that are untied allow the UTAS Foundation to direct bequests to the areas of most need, and enable
flexibility for changing needs and priorities. Example wording:
- I give [insert amount] to the University of Tasmania Foundation for its general purposes.
Giving to a specific area of interest encourages growth in an area that is
important to you. Such bequests must be carefully worded to ensure that
your wishes are met well into the future. Example wording:
I give [insert amount] to the University of Tasmania Foundation for
[insert purpose].
Overtimetheresearch,coursesandprioritiesofUTASwillchange.Ifyouchoose
to make a bequest for a specific area of interest, the University requests that you
include the following provision in case the stated purpose of the funds cannot be
implemented in the future. Example wording:
If at any time the University of Tasmania determines that it is impossible
to carry out the stated purpose then the University may apply the bequest
for such purpose or purposes as the University determines most closely
accords with the original stated purpose.
leAving A BeqUeST TO The UniverSiTy iS A SignificAnT
wAy fOr AlUmni And friendS TO mAKe An endUring
cOnTriBUTiOn TO Their cOmmUniTy.
11ENDOWING THE FUTURE
Large or small, all gifts to UTAS are welcome
and will provide life-changing opportunities and
experiences for our students, as well as enabling
UTAS to achieve its aspiration to be ranked in the
top echelon of universities. Each year the UTAS
Foundation asks our alumni and friends to consider
supporting a number of appeals that align with the
priorities of the University.
The AnnUAl AppeAl
Giving through our Annual Appeal is one way alumni
and friends can make a difference to students’ lives
or to support the priority needs of UTAS.
Inparticular,thisappealsupportstheAnnualAppeal
Scholarships: awards of up to four years made
available each year, which honour the commitment
of our alumni and friends to the success of UTAS
and our students.
The Annual Appeal also supports the Development
Fund, which provides a vital means for the Foundation
to build and extend its ability to support the
University’s priorities.
Alumni are inspired by their experiences at UTAS and their highly regarded qualifications that are a
foundation for their future. Many alumni and friends recognise these experiences and want to assist to
ensure that current and future generations of students have similar opportunities.
Read more about the Annual Appeal by visiting www.utas.edu.au/foundation/annual-appeal
OTher AppeAlS
The UTAS Foundation facilitates a number of appeals at any one time that address specific areas of need,
whether to raise donations to endow a scholarship in memory of an alumnus or friend of UTAS, to raise
donations for world-class and groundbreaking research or to be able to secure a capital project.
To see a full list of the current appeals and more information visit www.utas.edu.au/foundation
Examples of recent appeals, some of which are still current:
• Save the Tasmanian Devil Appeal – alumni and friends have donated over $1.4 million to one of
the largest conservation biology endeavours in the world.
• The Optical Astronomy Observatory Appeal – alumni and friends donated over $4.3 million to
enable UTAS to construct a new observatory in the Tasmanian Midlands.
• Menzies Stage II – within six months of the project launch, which aimed to secure the last $5 million
of the $90 million project as a challenge grant to complete the construction of this world-class medical
facility, $3.6 million was donated.
• Sue Napier Postgraduate Fellowship in Education – more than $115,000 was donated towards
Education Scholarships for teachers to undertake further study.
“Tas Uni STAMPS is a group of overseas students from Singapore,
Thailand, Australia (as that is where three of us live now), Malaysia,
Maldives, Philippines and Sri Lanka who studied at UTAS in the 1980s.
Three decades later we are still in touch with each other and regularly
meet up for mini reunions. The idea to make a donation to the UTAS
Annual Appeal was born when a few of us recently met up in Hat Yai,
Thailand. The donation is a small token of our appreciation for those
happy and wonderful years we spent at UTAS. Thank you, UTAS.”
INDRA kURUPPU ANNUAl APPEAl DONOR AND AlUMNUS
“The Annual Appeal Scholarship is important to me because it allowed
for a certain peace of mind amongst the experiences I expected and
didn’t expect at University. It enables students to fulfil their potential
and overcome life’s unexpected hurdles so that they may achieve their
goals relatively free of hindrance. I thank UTAS alumni and friends
for instilling me with confidence. I appeal to all alumni and friends
to continue to share invaluable support with students at UTAS.”
CAMERON RITCHIE 2009 ANNUAl APPEAl SCHOlARSHIP RECIPIENT
The UTAS fOUndATiOn fAciliTATeS A
nUmBer Of AppeAlS AT Any One Time
ThAT AddreSS Specific AreAS Of need,
wheTher TO rAiSe dOnATiOnS TO
endOw A SchOlArShip in memOry Of
An AlUmnUS Or friend Of UTAS, TO rAiSe
dOnATiOnS fOr wOrld-clASS And
grOUndBreAKing reSeArch Or TO Be
ABle TO SecUre A cApiTAl prOjecT.
UTAS AppeAlS
13ENDOWING THE FUTURE12 endowing the future
UTAS is committed to recognising and rewarding talent as well as improving opportunities for students to access higher education.
Our Scholarships Program reflects the tremendous support that we receive from individuals, community groups, government and
businesses. Scholarships provide valuable financial support, encouraging excellence while enhancing our students’ university
experience through networking and career opportunities. Scholarships are offered in a wide range of disciplines to students
studying at undergraduate, honours and postgraduate levels.
Scholarship donors are investing in the future of our students and their generosity makes studying a reality and a life-changing
experience. With enrolment numbers increasing each year, the need for further scholarships is still a vital one. Scholarships make
a difference for students moving away from home to study, for families struggling with limited income, and ensure UTAS is able to
attract the brightest and most deserving students.
Scholarships can be pledged to be provided on an annual basis or endowed to fund the award in perpetuity as an enduring gift.
endOwing A SchOlArShip
Endowing a scholarship is enduring – the scholarship will be offered for ever. Endowed scholarships are managed through individual
funds that are actively managed to ensure that the wishes of donors are met and funds are available to provide scholarships in perpetuity.
Donors may wish to provide for endowed scholarships in their will. The UTAS Foundation works with supporters to ascertain the value of
the scholarship, determine the criteria for award and write a set of rules that establishes the scholarship and ensures the intention of the
award is retained.
Scholarships can be named, providing the opportunity to recognise a significant person or legacy. The criteria can be flexible, for example
a scholarship can assist students at any stage of their study and may specify areas of study. Advancement Officers assist in planning
scholarships and ensuring that they represent donor intentions and provide for student needs over the long term.
A number of donors initially establish non-endowed scholarships by making annual gifts for a number of years prior to a larger gift to
endow a scholarship, or making a gift in their will. This approach enables supporters to develop a true sense of the benefits provided
to students and satisfying connections with the University and the successful students.
The Neale Edwards Scholarship in Agricultural Science is an example of an endowed scholarship.
neAle edwArdS SchOlArShip in AgricUlTUrAl Science
Neale Edwards’ family, long involved in Tasmania’s
rural sector, has endowed this scholarship
to encourage interest and involvement in
agricultural science.
Itisavailabletoastudentwhoisinterested
in Tasmanian rural industries and who has
successfully completed one year in Agricultural
Science and intends to graduate in Agricultural
Science. To retain this award, recipients are required
to achieve a minimum pass result in all units studied
each semester. The award provides a stipend of
$6,500 per year for up to three years.
The UTAS SchOlArShipS prOgrAm
“With accommodation and having to pay for
travel back and forth, I don’t think I could have
afforded to come to uni without the Neale
Edwards Scholarship in Agricultural Science.
It has helped me relocate from Boat Harbour
and afford accommodation and all the things
that go with that. It’s made first year a lot easier.”
NICOlE PINNY 2011 NEAlE EDWARDS SCHOlARSHIP IN
AGRICUlTURAl SCIENCE RECIPIENT
“All my life I’ve been associated across the
farm fence with agriculture, and we’ve been
fortunate, so I wanted to put something back
into the industry that supported us.”
JOHN EDWARDS NEAlE EDWARDS SCHOlARSHIP
IN AGRICUlTURAl SCIENCE SCHOlARSHIP DONOR
SchOlArShip dOnOrS Are inveSTing in The fUTUre
Of OUr STUdenTS And Their generOSiTy mAKeS
STUdying A reAliTy And A life-chAnging experience.
14 15 endowing the future endowing the future
SUppOrT UTASDonations can be made at any time through the UTAS Foundation website at
www.utas.edu.au/foundation/donate. This is a secure site that accepts credit card
donations via Visa or MasterCard, or a donation form can be downloaded and mailed to us.
Ifpreferred,directdepositcanbearrangedbycontactingtheUTASFoundationon
03 6226 1920 (+61 3 6226 1920) or email [email protected]
We welcome the opportunity to discuss your individual needs or queries.
regUlAr giving
Become a fortnightly, monthly or quarterly donor and make regular gifts to the UTAS
Foundation that are automatically deducted from your credit card or bank account until
instructed otherwise. A pledge amount can also be deducted regularly or annually before
the end of the tax year.
mAKing A pledge
Pledges enable donations to the UTAS Foundation over a period of time. Some donors may
wish to make a payment each financial year or agree to transfer an asset to the UTAS
Foundation at some time in the future. There may also be taxation advantages in some
instances in this approach.
On request, the UTAS Foundation can provide more detailed advice about making a pledge
to the University.
giving ThrOUgh yOUr SAlAry
Many organisations have a workplace giving program in place – a tax-effective way to support
the vital work of a charity, in this case UTAS through the UTAS Foundation. As little as $5
a week can be deducted from pre-tax pay and is transferred directly to the UTAS Foundation
by employers. A single receipt is sent at the end of the financial year.
To establish the UTAS Foundation as a recipient through a workplace giving program,
donors need to contact their pay office.
nOn-mOneTAry gifTS
While most gifts are received in the form of money, the Foundation welcomes gifts in various
forms. These may include property, artworks, shares, research or teaching support or other
assets of enduring value.
Non-monetary gifts will be assessed in the light of the University’s capacity to use the gift
in the manner envisaged both presently and into the future. Where the Foundation feels
acceptance of a gift would not serve either its interests or that of the donor’s, it reserves
the right to decline the offer.
TAxATiOn Advice
The UTAS Foundation is a not-for-profit organisation and has deductible gift recipient (DGR)
status.InmostcasesanapproveddonationandgifttotheUTASFoundationwillbetax
deductible and GST free if:
• Itismadevoluntarily
• Itdoesnotprovidematerialbenefittothedonor
• Itessentiallyarisesfrombenefactionandproceedsfromdetachedand
disinterested generosity
The UTAS Foundation encourages donors to seek independent taxation advice. Staff in the
Advancement Office are able to work with advisers in making arrangements for gifts.
“In contributing to the Foundation we hope
to ensure that future generations will have
the opportunity to develop their talents and
ideas through a university education.
In doing so, we believe they will benefit not
only themselves but the whole of society.”
NICk AND JANET CRETAN SCHOlARSHIP DONORS AND AlUMNI
Ascholarshipwillmakeasignificantdifferencetothelifeandsuccessofastudent.Itwillalsoprovide
immense satisfaction to individual donors and opportunities for government and corporate supporters.
Advancement Officers from the UTAS Foundation work with supporters to establish scholarships that
achieve the objectives and intentions of our supporters while meeting the needs of our students and
strategic priorities of the University.
Advancement Officers discuss the range of scholarship options, the selection arrangements and timeline
for implementing scholarships. Advancement Officers work with the UTAS Scholarships Office to promote
scholarships to the student body and arrange for contact with the students once selection has been completed.
There are many organisations that have looked to the future of their business or industry and prosperity of the
State by supporting UTAS scholarships, as well as through their charitable endeavours. A significant number
of scholarships have been provided for more than 10 years by state government departments, community
organisations, local government, international companies and local business. These are all acknowledged
on the UTAS Foundation website.
Many individuals are also inspired to provide scholarships in memory of a loved one, to encourage excellence
or to provide the same opportunity they received to others.
Find out more about the Tasmania Scholarships Program by visiting www.utas.edu.au/scholarships
prOviding An AnnUAl SchOlArShip
16 endowing the future
We endeavour to give every donor our personal attention. Contact the UTAS Foundation on +61 3 6226 1920 to
talk to one of our Advancement Officers.
Disclaimer:InformationinthisbookletwascorrectatthetimeofpublishinginMay2012.Itscontentsareintendedasaguide. The UTAS Foundation reserves the right to alter or delete material at any time.
“The Ball and Chain Grill Tasmania University
Scholarship I received in my first year of my
degree enabled me to devote my time entirely
to my university work, which has been a
valuable introduction to university, and I am
most appreciative. There is little to encourage
young people, especially those from
low-income families, to pursue an academic
education. We, as students, are lucky that
individuals are stepping forward to broaden
young people’s opportunities.
These years at university are a valuable time
in my life for learning, and I aim to give as
much of myself to my studies as I can.
Thank you again for assisting me through
this scholarship.”
VIOlET HARRISON-DAY, 2011 RECIPIENT OF THE BAll AND
CHAIN GRIll TASMANIA UNIVERSITY SCHOlARSHIP
cOnTAcT deTAilS
W: www.utas.edu.au/foundation
P: +61 3 6226 1920
F: +61 3 6226 2130
UTAS Foundation
Private Bag 40
Hobart Tasmania 7001
Australia
ABN 20 056 132 661
Citizens and residents of the United States can contact the University of Tasmania Foundation USA at:
Ph: +1 607 277 1346
Fax: +1 607 277 0078
UTAS Foundation USA
PO Box 3995
ITHACANY14852-3995
USA
Alternatively, contact the UTAS Foundation and we will put you in
touch with the UTAS Foundation USA.
cOnTAcT US