Below is some important information about the Foundation and the St Marcellin Champagnat Trust.
Marcellin College Foundation Limited ACN is 604 346 465. It was incorporated on 20 February 2015. The Company is limited by Guarantee.
The Company is the trustee of St Marcellin Champagnat Bursary Fund. The ABN of the fund is 74 857 223 526. This Fund is a Registered Charity and has been endorsed by the Australian Taxation Office (ATO) for tax concession status on Income Tax and GST and as a deductible gift recipient.
All donations to the Fund are tax deductible.
Under the terms of the Trust, bursaries can be applied either to the eligible applicants who reside within the area or on the basis of merit or by reason of equity.
Extract of the Company constitution
Clause 7 of the Company constitution states that the charitable objects of the company are as follows:
The company has, subject to the provisions of the Act, the legal capacity of a natural person and its principle purposes are:
a) To act as trustee of trusts and funds which are presently or may be established for the benefit of the College or its students and which funds are for charitable purposes satisfying one or more of paragraph (a) to (d) inclusive of clause 9 ("the Funds")
b) In its capacity as trustee of the funds:
(i) To manage the marketing of gifts and testamentary dispositions to or for the Funds;
(ii) To enlist the support, including financial support, of past students, parents of students, friends of the College and the public, to raise funds by donation, or otherwise for payment to the Funds.
(iii) Generally to support and assist the College.