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Monash AR 04 Cover.Qxd The General Sir John Monash Foundation 2004 Annual Report TABLE OF CONTENTS Page Nation-Building Acknowledgements & Supporters 1 Chairman’s Report 3 Chief Executive Officer’s Report 5 Scholarship Australia’s General Sir John Monash Awards, Address by His Excellency Major General Michael Jeffery 6 Inaugural Award Winner Profiles 8 Leadership Leaders of the General Sir john Monash Foundation 16 Community Service National Awards Committee, State & Territory Panels 18 Members of the General Sir john Monash Foundation 20 Heritage General Sir John Monash, Monash Commemorative Service 21 Integrity Corporate Governance Statement 22 Directors' Report 23 Statement of Financial Performance 26 Honours and Distinctions of General Sir John Monash Inside back cover fv{ÉÄtÜá{|Ñ9 _xtwxÜá{|Ñ Nation-Building “The privilege of education carries great Supporters of the General Sir John responsibilities – it is given not for individual benefit Monash Awards Programme: alone, but to befit persons for the higher duties of citizenship and for roles of leadership in all fields to • Australian Capital Territory Government make Australia great.” • Boeing Australia Limited General Sir John Monash, 1920. • Commonwealth Bank Foundation • Commonwealth of Australia The General Sir John Monash Foundation is (The General Sir John Monash Foundation is part incorporated as a charitable organization for the funded through HEIP-Department of Education purposes of recognizing and promoting scholarship, Science and Training) leadership and Australia’s heritage and values. • Macquarie Bank Foundation • Pratt Foundation In particular, the Foundation conducts the nation’s • Tenix Pty Ltd most prestigious postgraduate scholarships – • Westfield Foundation Australia’s General Sir John Monash Awards. Australia’s past and current leaders have joined Donors: together to select outstanding young Australians, support their further education at the world’s • Anonymous leading universities and help develop their global • Dr John F Besemeres networks for their future leadership roles in their & Professor Anna Weirzbicka fields and of the community. • Mrs Ruth and Mr Ron Cameron • Mr Ken & Mrs Beth Crompton The Awards honour General Sir John Monash, an • Major General Paul Cullen AC CBE DSO outstanding Australian scholar, engineer, military ED FCA (Retd) leader and public servant. Sir John Monash • Mr John M Davies epitomizes the attributes we seek and encourage in • Mr Peter Isaacson AM DFC AFC DFM FAIM our Award scholars: • Mr David Mandie AM OBE • Dame Elisabeth Murdoch AC DBE • Scholarship • Mr Michael Robinson AO • Leadership In-kind and professional support: • Community Service • Allens Arthur Robinson • Avenir Chartered Accountants • Respect for Heritage • ANZ Banking Group • Bekross • Integrity • Department of Education Science and Training • KPMG • Kryptonite Design Group Acknowledgements: • Monash University • The Australian Vice-Chancellors’ Committee The General Sir John Monash Foundation proudly • The Group of Eight Limited acknowledges the following academic, business and community leaders – nation-builders - for their Secretarial support for the Foundation’s contribution in the promotion of Scholarship & State & Territory Panels: Leadership and the selection and development of Australia’s future leaders: • Adelaide University • Australian National University • Macquarie University • Monash University • Queensland University • University of Tasmania • University of Western Australia “The General Sir John Monash Awards - Promoting excellence in Scholarship & Leadership.” 1 The General Sir John Monash Foundation Join our Nation-Builders! For a period of three years from 14th June 2004, the Federal Government will match donations from The General Sir John Monash Foundation sources other than government up to maximum of Endowment Fund $5 Million. The Foundation welcomes cash donations and Award Support bequests to its Awards Endowment Fund, which supports our nation-building endeavour. Donors of funds sufficient to support an Award for The Foundation has named Gift Deductible up to three years are acknowledged especially for Recipient Status under Federal Income Tax legislation their support. for gifts made on and from 17th June 2002. Photocopy, complete and post to: The Chief Executive Officer The General Sir John Monash General Sir John Monash Foundation Level 5, 30 Collins Street Melbourne Foundation Victoria 3000 Australia Donations & Bequests Form Please accept my gift of: $ By cheque (made payable to General Sir John Monash Foundation & crossed "Not Negotiable") OR Please debit my credit card Amount: $ American Express Diners MasterCard Visa Expiry date: / Name on card: Signature: I would like to receive information on leaving a bequest in my Will. Please send my receipt to: Name: Address: Phone: Fax: Email: 2 “The General Sir John Monash Awards - Promoting excellence in Scholarship & Leadership.” fv{ÉÄtÜá{|Ñ9 _xtwxÜá{|Ñ Chairman’s Report recognize the value to Australia of this national initiative, and has provided very generous I am pleased to report a year of support. I trust their example will be an incentive notable achievement as we continue to others. to develop the Foundation and the Awards. We have selected and We are encouraging each Award Supporter to launched our first group of eight Monash Scholars, develop a close and continuing relationship with we have secured valuable financial support from a their respective Scholars. They are: group of leading Australian companies and Foundations, and we continue to refine and - Boeing Australia Ltd consolidate our procedures and organization. - Pratt Foundation - Commonwealth Bank Foundation In late 2003, we selected our first eight Monash - Tenix Pty Ltd Scholars from 142 very high grade applicants from - Macquarie Bank Foundation around Australia to take up their Awards in 2004. - Westfield Foundation Details of the six women and two men are shown elsewhere in this Report, and suffice to say they are I would also like to express our grateful thanks and a group of highly talented and most impressive appreciation to the ACT Chief Minister and young Australians. Several have confirmed their Government for their generous financial support. excellence by winning further recognition, awards We hope that in time the Monash Awards program and scholarships. The Governor General, His will become a cooperative venture between Excellency Major General Michael Jeffery AC CVO Commonwealth, State and Territory Governments MC, presented the Award Winners at a ceremony at and the private sector, and that the ACT’s Government House Canberra on 10 December contribution will set a worthy example. 2003, and we have reproduced His Excellency’s inspiring address in this Report. Selection We continue to emphasize the leadership aspects of We have refined our selection procedures and the Awards as well as academic excellence. Our vision Award conditions in the light of our experience in is to create in time a global network of leaders with 2003. Over 60 leading academic, business and the common background of having been Monash community members – all volunteers – are Scholars, imbued with Australian culture and values. involved in the State and Territory Selection Panels In this sense, past and present leaders are assisting and the National Awards Committee, and I thank through the Monash Awards in a great national every one for their hard work and enthusiastic endeavour to develop our future leaders. support. We are also most appreciative of the Secretarial support from Universities. Finances The Future The Foundation recorded a $427,721 surplus for the year. Income was $956,660 with expenses of There are three main challenges facing the $528,939. The Foundation held a retained surplus Foundation as we head into Financial Year of $533,291. 2004/05. The Commonwealth Government continues to Firstly, we must continue to strengthen our financial provide major financial support, for which we are base to ensure the long term viability of the most appreciative. In addition to underwriting the Foundation, not only by continuing to attract Award cost of the Awards in the early years to a value of Sponsors, but by building the Endowment Fund. $4.8m, the Government will match dollar for dollar donations to the Endowment Fund received from Secondly, we must plan now for the introduction of non-Government sources in the three years from the second phase of the program perhaps as early as June 2004 to a maximum of $5m. 2006. This phase involves bringing outstanding foreign post graduates from around the world to I would like to pay a special tribute to the six study in Australia as Monash Scholars. To this end Australian Foundations and Companies who have we are in discussion with the Commonwealth agreed to become our initial Award Supporters. Government (the Department of Education, Each has displayed the foresight and vision to Science and Training) on a proposal to co-fund up “The General Sir John Monash Awards - Promoting excellence in Scholarship & Leadership.” 3 The General Sir John Monash Foundation to eight foreign post graduates per annum, perhaps as an upper tier of the existing Commonwealth Endeavour Awards program. And thirdly, we must continue vigorous efforts to promote the Foundation and the Awards, so that they may become better known not only to the academic community, but to the nation at large. Acknowledgements I would like to record the Foundation’s thanks to our Patron-in-Chief, His Excellency Major General Michael Jeffery
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