Australia Junior Chamber
Foundation Inc.
(Certificate of Incorporation A0045959W - Melbourne 7th July 2004)
OUR MISSION
What Do We Do?
Our mission is to safeguard the financial stability of JCI Australia, ensuring its resilience now and into the future. As an organisation comprised of both alumni and current members, we strive to provide thoughtful guidance where needed, fostering collaboration without imposing undue influence.
Where Did We Start?
The foundation was established in the early 2000s using proceeds from the sale of the Australian Jaycees' secretariat building.
How is The
Money Managed?
The principal is invested in several managed share portfolios and term deposits, with approximately 1/3 of dividend payments being distributed to JCI Australia each year. The remaining 2/3 of dividends are reinvested. The foundation keeps a cash reserve of 2-3 years' worth of JCI Australia's expenses as a risk management measure.
Who Manages
The Foundation?
The organisation is comprised of ordinary members who are both past and current Jaycees.
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The current board is:
-
Rochelle Borton (2016 National President)
-
Maggie Georgopoulos (2004 National President)
-
Bev Smith (1997 National Executive VP)
-
Greg Beard (1980 National President)