In 2001, the Council of the Royal Australasian College of Dental Surgeons resolved to establish a Foundation. The Foundation’s main aims are to support post graduate study, research and training in the field of dental science.
Following this decision, the College registered a company in the name of The R.A.C.D.S. Foundation, which was formally constituted on 31 January 2003. Generous donations from many Fellows and others in the College family were received including a sizeable contribution from the College Council in 2006.
The RACDS Foundation is a company limited by guarantee with its principle objective to act as trustee for the College’s Research and Education Fund. The Australian Taxation Office has endorsed the Foundation as a tax exempt charity with all gifts to the Foundation being tax deductible to donors.
As at 1 January 2007, the Directors of the Board of The RACDS Foundation are:
Dr Ross J. Bastiaan AM, RFD – Chairman
Dr William J. Winspear – Deputy Chairman
Dr E. Dell Kingsford Smith – Secretary
Dr Timothy D. Cutler – Treasurer
Dr Ian D. Hewson
The fiduciary duty of the Directors is strongly upheld through the development of an investment policy to manage funds and meet identified objectives. With the benefit of professional advice, strategies are constantly being devised to ensure sound financial planning, consistent with the realities of fund raising in the current economic climate.
The Foundation is committed to presenting its profile to the College fellowship, the dental profession and corporations at large, with innovative concepts and effective communications. |