The General Sir John Monash Awards Endowment Fund

The General Sir John Monash Foundation has established the General Sir John Monash Awards Endowment Fund to support the General Sir John Monash Awards and welcomes contributions to this fund. Contributions are income tax deductible for Australian taxpayers.

a.

General:

	i.	The inaugural General Sir John Monash Awards will commence in 2004 and  Awards will be made annually thereafter. The Awards are assisted by an Australian Federal Government grant towards 16 Awards in initial years.
	ii.	The General Sir John Monash Foundation has established the General Sir John Monash Endowment Fund to build up capital, from which it will fund the General Sir John Monash Awards in years to come;
	iii.	The Foundation has named status as a “Deductible Gift Recipient” under Australian income tax legislation. This means that donations to the Endowment Fund are income tax deductible, for taxpayers under Australian income taxation legislation;
	iv.	The Foundation is resolved that funding must be in hand before an Award is made;
	v.	Annually, recurrent expenditure for one Award is up to AUD $50,000 and over a period of up to three years is AUD $150,000;
	vi.	A capital sum of AUD $1 Million is needed to fund one Award in perpetuity.

b.	Donations/bequests:

	i.	The Foundation welcomes cash donations and bequests to the General Sir John Monash Awards Endowment Fund;
	ii.	Substantial donations to fund an Award will be recognised appropriately, unless the donor seeks anonymity.

c.	Sponsorship:

	i.	The Foundation welcomes corporate sponsorship;
	ii.	Awards funded by sponsorship will be recognised appropriately, including on this Web site.

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