University Foundation Committee

We are grateful to the University Foundation Committee (UFC) members for volunteering their time and expertise in fulfilling their role in ensuring the prudent management of philanthropy at the University of Tasmania.

The mission of the UFC is to ensure that the University’s philanthropy practices and policies are consistent with its mission and goals, that trusts and funds provided through philanthropy are compliant with the wishes of donors and used for educational, research and other purposes of the University.

The Committee is comprised of 8-10 members, including the Vice-Chancellor or nominee and the Chief Operating Officer or nominee. The remainder are independent members.

Over the past 12 months the Committee has focused on a range of strategic initiatives and projects. They include overseeing the completion of the review of endowed funds directed to the Menzies Institute for Medical Research, endorsing the revised Gift Acceptance Procedure, and reviewing and approving the implementation of the pilot Southern Lights Scholarship Alumni Mentoring Program for new and continuing scholarship recipients to commence in March 2023. The UFC also ensures all funds under management are appropriately disbursed in accordance with donor intent.

During the course of 2022, two members of UFC concluded their term on the Committee and we thank both Yvonne Rundle and Peter Worrall for their exceptional contributions. Peter was noted for his stakeholder management and navigation of legal complexities that have resulted in successful allocation of major donations to the University. Yvonne has played a pivotal role in establishing a framework of trust, championing the University’s cause, steering the Committee towards a greater detail of reporting and helping to ensure the fundamentals of the Committee are well established.

The Committee also welcomed new member Edward Kemp in the first quarter of 2022. Ed is an alumnus of the University who brings outstanding passion, commitment and substantial experience in wealth management and investment in the ‘for purpose’ sectors. Alice Herbon was appointed in August holding the ex officio position for the Chief Operating Officer.

To contact the UFC, or find out more, please email: UFC@utas.edu.au