Invitation to nominate – Fremantle Foundation Board
About Fremantle Foundation
Fremantle Foundation is Australia’s fastest-growing Community Foundation. It creates a thriving community of philanthropic giving in Fremantle and has grown to support organisations throughout WA and across Australia.
It currently has $2M funds under management and is seeking to increase its impact and donor base and grow to $5M in funds under management while maintaining and growing its social impact. This will help create a culture of giving in Western Australia and ensure the Foundation’s long term sustainability.
Key to this is a highly skilled and networked board which can drive the strategy and donor engagement and work closely with the EO. In return, participation in the Fremantle Foundation Board allows you to be at the forefront of social change and impact within the WA community, using the power of the Community Foundation model to help build a legacy of positive social impact for generations.
Fremantle Foundation Board
Fremantle Foundation is governed by a volunteer board of up to ten directors; service on the Board is honorary and not remunerated.
The Board is responsible for the governance of the Foundation, ensuring its sustainability, compliance and strategic development. Specifically, the Board:
- Sets strategic direction for the Foundation
- Actively supports donor engagement
- Ensures the Foundation complies with its statutory obligations
- Ensures financial viability
- Approves the annual budget and business plan
- Provides oversight and guidance for Fremantle Foundation operations, ensuring appropriate policies and delegations frameworks are in place to monitor, mitigate and manage risks
- Is responsible for the appointment, performance assessment and dismissal of the Executive Officer.
The Board currently meets eight times per year for two hours at the end of a working day. In addition, the board oversees a number of subgroups including the Impact 100 Fremantle sub-committee, the Fremantle Foundation Ball committee, the Donor Engagement Network, the Professional Advisors Network and the End Homelessness WA Foundation.
Once a year, the Board aims to meet for a day in a central location for an extended planning session.
Fremantle Foundation Board Vacancies
The Constitution provides that up to ten directors can be appointed to the Board. The Board currently has five directors, leaving up to five vacancies.
To complement the strengths and capabilities and ensure good succession planning for current Directors, the Board is giving priority to the following skills, experience and qualifications in the 2019 recruitment round:
- Donor engagement including significant experience and relationships with stakeholders in business, with high net worth individuals and other potential donors
- Financial experience
- Strategic capability and leadership
- Governance, legal and regulatory knowledge and experience
The Fremantle Foundation Board should reflect the diversity that is Western Australia and encourages applicants who bring diversity to the Board.
Nominees are asked to provide a short professional CV, and a cover letter outlining why they are interested in joining the Fremantle Foundation Board and how they match the current key priorities for recruitment.
Nominations close at COB on Wednesday 6 November.
The Board will shortlist and interview nominees.
Expectations of Directors
Board members are expected to be familiar with and meet the general requirements of a company director set out by the Australian Charities and Not-for-Profit Commission (ACNC). At a minimum, Directors need to meet the requirements for a Responsible Person [ACNC Governance Standard 4] and not be disqualified as a Director under the Corporations Act; and commit to carrying out their duties in line with ACNC Governance Standard 5, which includes:
- acting with reasonable care and diligence
- acting honestly and fairly in the best interests of the charity and for its charitable purposes
- not misusing their position or information gained as a responsible person
- disclosing actual or potential conflicts of interest
- ensuring that the financial affairs of the charity are managed responsibly, and
- not allowing the charity to operate while it is insolvent.
Fremantle Foundation specific expectations of board members include:
- be fully prepared for, attend and constructively contribute to regular board meeting including occasional planning sessions
- participate in sub-committees / working groups as required
- take on a portfolio role as and when required
- attend Fremantle Foundation events whenever possible
- deal with “out of session” issues, by email or teleconference
- represent Fremantle Foundation to the broader community
To express your interest in joining the Board of Fremantle Foundation you need to send a CV and cover letter in PDF format by COB on Wednesday 6 November to Brooke, firstname.lastname@example.org.
Contact for further information
M: 0408 345 930