Toowong Rowing Foundation
Toowong Rowing Foundation Reports Success at 2nd AGM
On 27 August 2022 the foundation held its second AGM reporting current assets of $111,000 having distributed $6,000 to the rowing club during the year. Robert van Mourik and Peter Macgregor were re-elected as directors of the board.
The foundation also announced plans to host a Foundation Lunch in March 2023 to enlist the support of members and alumni of the club.
Toowong Rowing Foundation Holds its First Annual General Meeting
On 20 November 2021 the members of the trustee of the foundation attended the first Annual
General Meeting of the foundation and considered the foundation’s first annual report. Andrew
McLean Williams and Russell Kerrison were re-elected to the board of directors, the Chair’s report
was accepted and the financial statements and auditor’s report were adopted.
Tim Bugg, Chairman of the rowing club’s management committee, attended as a guest.
$50,000 Gift Seeds New Toowong Rowing Foundation
Dear Friends of Toowong Rowing,
We are pleased to announce the formation of the Toowong Rowing Foundation by the President and Vice Presidents, past and present, of the club at a meeting held in Brisbane on 21 November 2020. Past President Silvio Pradella announced he would seed the fund with a $50,000 donation.
The foundation has been established to provide long term support for the Toowong Rowing Club through the accumulation of investments. Over time, funds will be available for infrastructure, boats and equipment, and to subsidise rowing for youth. The development of this standalone investment fund will benefit all club members over the years ahead.
The board of directors comprises Robert van Mourik (Chair), Andrew McLean Williams (Vice Chair), Russell Kerrison, Peter Macgregor and Robert Gunningham as Secretary. Together, they have considerable experience in business, investment and management along with a deep understanding of the club.
The foundation’s fundraising activities will have a long-term focus and supplement the shorter-term fund-raising activities of the club currently in place.
In the coming weeks we shall inform you further about the objectives and legal structure of the foundation. To learn more you can visit the foundation’s website at www.toowongrf.org or email [email protected].