Duntroon Society Signs Memorandum of Agreement with Podmore Foundation

At its Annual General Meeting in November 2016, the Duntroon Society’s board approved a Memorandum of Agreement with the Podmore Foundation to formalise a phalanthropic partnership between the two organisations.

The Podmore Foundation looks forward to opportunities that will be presented by partnering with the Duntroon Society for Returning Opportunity. Visit the Duntroon Society’s website to find out more.

A copy of the Memorandum signed by the President of the Duntroon Society, Chris Appleton, and the President of the Podmore Foundation, Peter Daniel, can be downloaded from the following link: Memorandum of Agreement Duntroon Society and Podmore Foundation signed 17 November 2016

The full text of the Memorandum is as follows:

Memorandum of Agreement for a Philanthropic Partnership -

The Duntroon Society and the Podmore Foundation

Purpose

This Memorandum of Agreement (MOA) details commitments for a philanthropic partnership between the Duntroon Society and the Podmore Foundation (hereafter the Parties).

This MOA does not constitute a legal or binding agreement. It articulates mutual commitments for philanthropic cooperation and collaboration with a view to managing interaction and specifying the expectations of the Parties for a philanthropic partnership.

Statement of Principles

The following Principles are the basis of the philanthropic partnership between the Parties; proposals for the shared philanthropic effort of the Parties will satisfy these principles:

  • Principle 1. Honour the legacy of the graduates of RMC, OCS, WRAAC-OCS and OTU;
  • Principle 2. Be subject to the endorsement of the  Duntroon Society Council and the Board of the Podmore Foundation;
  • Principle 3. Be transparent and characterised by integrity of purpose and accountability to the memberships of the Duntroon Society and the Podmore Foundation;
  • Principle 4. Guarantee that Parties retain authority over, access to and control over their own funds.

Mutual Commitments of the Parties

In respect to the philanthropic partnership, the Parties agree to:

  • to communicate via all media, e.g. website, Facebook, newsletters, inclusively with the common purpose of honouring the legacy of graduates of RMC, OCS, WRAAC-OCS and OTU;
  • to characterise the philanthropic partnership between the Parties as cooperation and collaboration for the common good within the context of the motto Returning Opportunity in gratitude for a good education in good company at RMC, OCS, WRAAC-OCS and OTU;
  • to characterise the philanthropic partnership between the Parties as cooperation and collaboration for the common good and not as any form of legally-binding amalgamation or structural reorganisation to incorporate the Parties as either a separate or a new entity;
  • not to create or imply the creation of financial or non-financial obligations of the other Party;
  • not to communicate on behalf of or by implication on behalf of the other Party before endorsement to do so from the Board/Council of that Party;
  • to inform the members of each of the Parties of decisions of the Boards of the Parties related to the philanthropic partnership;
  • nominate a Board member to become an ex officio member of the other Party’s Board/Council in order to maintain liaison and to assist with the achievement of mutually-agreed philanthropic objectives;
  • The Parties agree to review the mutual commitments detailed in this MOA annually and to look for opportunities for enhancement as matters arise that warrant review.

 

Statement of Principles for a Philanthropic Partnership -

The Duntroon Society and the Podmore Foundation

Purpose

The Purpose of the Statement of Principles is to articulate the common objects for a partnership in philanthropy between the Duntroon Society and the Podmore Foundation (hereafter the Parties) and to specify agreed principles that will constitute the framework for a partnership that will be specified further through mutual commitments described in a Memorandum of Agreement (MOA).

This Statement of Principles does not constitute a legal or binding agreement. It articulates shared aspirations for philanthropic cooperation and collaboration that will form the basis of an MOA.

Common Objects

The Parties share the common objects within their charters and constitutions of honouring and promoting the legacy of graduates from the Royal Military College – Australia (RMC), the Officer Cadet School – Portsea (OCS), the Women’s Royal Australian Army Corps Officer Cadet School (WRAAC-OCS) and the Officer Training Unit – Scheyville (OTU).

Within the meanings of the verb ‘honour’ are notions of respecting, venerating and paying tribute to.  As an adjective, the word ‘honour’ is about integrity, decency, morality and goodness.  Accordingly, the Parties have a common object to honour the legacy of RMC, OCS, WRAAC-OCS and OTU graduates through ‘doing good’ with integrity, decency and morality.

Within the meanings of the word ‘legacy’ are notions of bequest, gift and donation. The Podmore Foundation has the explicit objective of facilitating opportunities for education and advancement of disadvantaged persons in gratitude for the good education in good company at Duntroon. This is a philanthropic legacy or bequest that is compatible with the object of the Duntroon Society to honour and promote the legacy of graduates of RMC, OCS, WRAAC-OCS and OTU and therefore is a derived common object of the Parties.

Within the meanings of the word ‘promoting’ are notions of encouraging, sponsoring, stimulating, fostering and campaigning for, as well as disseminating, advocating and publicising. Within the context of a philanthropic partnership, the common object would be for the Parties to promote each other’s objectives and activities.

Drawing from Paragraphs 3-6, the common objects of the Parties for a philanthropic partnership are:

  • To honour the legacy of RMC, OCS, WRAAC-OCS and OTU graduates through philanthropic cooperation and collaboration for the common good; and
  • To cooperate and collaborate to promote the philanthropic partnership and to raise funds to facilitate and promote mutually agreed philanthropic projects and activities.

Principles

All philanthropic endeavours undertaken under the partnership will be consistent with the following Principles:

  • Principle 1. Honour the legacy of the graduates RMC, OCS, WRAAC-OCS and OTU;
  • Principle 2. Be subject to the endorsement of the Duntroon Society Council and the Board of the Podmore Foundation;
  • Principle 3. Be transparent and characterised by integrity of purpose and accountability to the memberships of the Duntroon Society and the Podmore Foundation;
  • Principle 4. Guarantee that the Duntroon Society and the Podmore Foundation retain authority over, access to and control over their own funds.