Close Search
 
MEDIA, JOBS & RESOURCES for the COMMON GOOD
News  | 

Governance Scholarships for NFPs


2 October 2014 at 10:04 am
Lina Caneva
Two major philanthropic trusts are collaborating to offer up to 320 scholarships to help Not for Profit organisations enhance their governance.

Lina Caneva | 2 October 2014 at 10:04 am


0 Comments


 Print
Governance Scholarships for NFPs
2 October 2014 at 10:04 am

Two major philanthropic trusts are collaborating to offer up to 320 scholarships to help Not for Profit organisations enhance their governance.

The Perpetual Foundation and JS Love Trust, managed by Perpetual, are funding the scholarships which are administered by the Australian Scholarships Foundation (ASF) in a collaboration which is in its fourth year.

The scholarships are offered to chairs and board directors of charitable NFPs to attend the Australian Institute of Company Directors’ Governance Foundations for Not for Profit Directors or Not for Profit Chairman courses.

A research study by the Centre for Social Impact at the University of Western Australia and the Australian Scholarships Foundation, funded by the Origin Foundation, has established links between the scholarship program and improved performance by individual directors and boards.

“Specifically, The Social Return on Education and Training Research Project found that program participants reported significantly higher levels of confidence six months after the completion of a course,” Perpetual’s General Manager of Philanthropy Andrew Thomas said.

“This systematically improved board members’ performance and had a subsequent positive impact on their NFP organisation.

“These insights suggest that providing NFPs with help to fund education and organisational development is making a real difference.

“The key roadblock to NFPs accessing education for boards is a lack of available budget to support training and development. By offering a solution to these challenges and funding scholarships, we’re hoping to further enhance governance across the sector.”

The Australian Institute of Company Directors’ NFP Manager Phil Butler said the scholarship program is leading to better governance outcomes across the sector.

“Year-on-year we are hearing that governance across the Not for Profit sector is maturing and we believe that an ongoing commitment to individual director and whole-of-board development is critical to this continuing,” Butler said.

The Australian Scholarships Foundation’s CEO, Amy Lyden, said access to this program is having a significant impact on NFPs.

“Governance continues to be an area of high demand for us. With deepening funding constraints and major changes in the regulatory environment, not-for-profit boards need to be sharp. These scholarships help to remove the barrier to much needed education for boards,” Lyden said.

In the last three years, the Perpetual Foundation and JS Love Trust have funded 1,130 scholarships for chairs and board directors in the NFP sector.

Applications are open to chairs and directors of charitable NFP organisations until Monday 27 October 2014.

The courses will be held in Sydney, Melbourne, Brisbane, Adelaide and Perth in February 2015. For more information and to apply, visit www.scholarships.org.au


Lina Caneva  |  Editor  |  @ProBonoNews

Lina Caneva has been a journalist for more than 35 years. She was the editor of Pro Bono Australia News from when it was founded in 2000 until 2018.

PB Careers
Get your biweekly dose of news, opinion and analysis to keep you up to date with what’s happening and why it matters for you, sent every Tuesday and Thursday morning.

Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers? Get in touch at news@probonoaustralia.com.au or download our contributor guidelines.

Advertisement

Virtual Congress - CPA Australia


Your email address will not be published. Required fields are marked *



YOU MAY ALSO LIKE

Charity workers – the heart of future Australia

David Crosbie

Thursday, 29th October 2020 at 8:35 am

Charities struggle to adapt to COVID-19 technology challenges

Luke Michael

Thursday, 29th October 2020 at 8:00 am

iSponsor App launches to help support, connect, and grow your community

Contributor

Thursday, 29th October 2020 at 7:00 am

How a Perth engineer raised $5M in five weeks during the pandemic

Alecia Hancock

Wednesday, 28th October 2020 at 6:01 pm

pba inverse logo
Subscribe Twitter Facebook
×