Australian Olympic Foundation
Encyclopedia
The Australian Olympic Foundation is a foundation established to help future Australian athletes develop and compete at an Olympic level.
In February 1996, the Foundation was constituted by Deed of Settlement between Julius L Patching as Settlor and the Australian Olympic Foundation Limited (ACN
071 220 025) an Australian Public Company, Limited By Guarantee. as Trustee.
The members and Directors of the Australian Olympic Foundation Limited are the voting members of the Executive of the Australian Olympic Committee
.
The Foundation has been constituted and is controlled and administered so as to develop and protect the Olympic Movement in Australia in accordance with the Olympic Charter including, in particular, funding the preparation and participation of
the Australian Teams in the Olympic Games, Olympic Winter Games and Regional Games and the costs and expenses of the AOC.
The Foundation's Annual Report for 2006 http://corporate.olympics.com.au/files/37/AOF_2006_Annual_Report_web.pdf showed that as at 31 December 2006, the Foundation’s investments in managed funds were valued at $137 million with the Foundation’s net assets totalling $132.8 million
In February 1996, the Foundation was constituted by Deed of Settlement between Julius L Patching as Settlor and the Australian Olympic Foundation Limited (ACN
Australian Company Number
An Australian Company Number is a unique nine-digit number issued by the Australian Securities and Investments Commission to every company registered under the Commonwealth Corporations Act 2001 as an identifier. The number is usually printed in three groups of three digits. It must be quoted...
071 220 025) an Australian Public Company, Limited By Guarantee. as Trustee.
The members and Directors of the Australian Olympic Foundation Limited are the voting members of the Executive of the Australian Olympic Committee
Australian Olympic Committee
The Australian Olympic Committee is the National Olympic Committee in Australia for the Olympic Games movement. It is a non-profit organisation that selects teams, and raises funds to send Australian competitors to Olympic events organised by the International Olympic Committee .-Background:The...
.
The Foundation has been constituted and is controlled and administered so as to develop and protect the Olympic Movement in Australia in accordance with the Olympic Charter including, in particular, funding the preparation and participation of
the Australian Teams in the Olympic Games, Olympic Winter Games and Regional Games and the costs and expenses of the AOC.
The Foundation's Annual Report for 2006 http://corporate.olympics.com.au/files/37/AOF_2006_Annual_Report_web.pdf showed that as at 31 December 2006, the Foundation’s investments in managed funds were valued at $137 million with the Foundation’s net assets totalling $132.8 million