AIMS
Established in 1984, the focus of the Orange Regional Arts Foundation is to support and encourage activities in the Arts. Our decisions on how this support is offered are based on close communication and co-operation with the Arts organisations and facilities in Orange. These are:
- The Orange Regional Gallery
- The Orange City Library (member of Central West Libraries)
- The Orange Civic Theatre
- The Orange Regional Conservatorium
Salaries, administrative costs and maintenance of these institutions are funded primarily by the Orange City Council, with some assistance from State and Federal Governments where the operations fit their guidelines.
It is the object of the Foundation to augment this basic support with funds for the expansion and improvement of these institutions in the facilities and services they offer to the public and their activities generally.
The Foundation’s Memorandum of Association specifically prohibits it from interference in the policies or conduct of its beneficiary institutions.
Funds for this purpose are generated through investment of the Foundation’s asset accumulation that is managed to yield a balanced mix of income and capital growth. The original target for asset accumulation was $1million.
From time to time the Foundation responds to requests from other groups in the community or can initiate projects not directly associated with the city’s arts institutions, that it feels will enhance the cultural life of the Orange Community. Such groups have been the City of Orange Eisteddfod Society and Arts out West.
STRUCTURE
The Foundation is a company limited by guarantee and not having a share capital. It acts as trustee of trusts and funds that have been established for the benefit of the Gallery, Library, Theatre and Conservatorium.
CONTROL
Control, management and conduct of the Foundation is vested in a Board of Director’s comprising:
a) persons who qualify financially for membership of the Foundation in one of the three classifications, viz. all persons qualified as Governors who elect to be members of the Board; three representatives elected by the fellows, and two representatives elected by the members.
b) The Mayor of the City of Orange or a serving Councillor nominated by him or her.
c) The Managers/Directors of the Library, Theatre, Gallery and Conservatorium respectively
The Foundation comprises a continually expanding membership of individuals and businesses prepared to use their influence, talents and financial means to maintain a permanent support structure for the above mentioned institutions and other chosen arts projects.
The Board of Directors shall be responsible for ensuring that the Foundation operates on sound business lines and that its resources are handled skilfully and prudently.
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