Colonial Foundation

In 1996, The Colonial Mutual Life Assurance Society Limited, after 123 years as a mutual life insurance society, demutualised and, in 1997, was listed on the Australian Stock Exchange as Colonial Limited (the Company). In September 1996, The Colonial Foundation Trust (the Trust) was created as part of the demutualisation in order to reflect in some way Colonial Limited's origin as a mutual society formed to provide a service to its members and the communities it served. The Company was formed to act as a trustee of the Trust (ABN 42 062 119 572).

Following the merger of Colonial Limited with the Commonwealth Bank of Australia in June 2000, Colonial Foundation Limited became fully independent, with the responsibility of carrying out the broadly defined charitable objectives of Colonial Foundation Trust.

The Foundation is endorsed by the Australian Taxation Office (ATO) as a Charitable Trust and registered with the Australian Charities and Not-for-profit Commission (ACNC).

Directors of the Company          Special Role                                         Date of Appointment

Mr Peter Smedley                          Chairman                                             September 1996
                                                       Founding Director
                                                       Investment Committee Member
Mr Alan E Beanland                       Investment Committee Member           October 2010 
Mr Colin Galbraith AM                                                                                 March 2013
Mr Robert Garnsworthy                 Investment Committee Member            February 2015     
Mrs Jane M Harvey                                                                                     July 2007
Mr A Peter J Kelly                          Founding Director                                 September 1996
Prof Robert R Officer AM               Investment Committee Member           February 1997

Company Secretary and Executive Officer of the Trust: Ms Janice M Robins (appointed March 2011)

Mission and Purpose

Colonial Foundation Trust aims to make a positive contribution to society by partnering with leading charitable organisations to support them in developing innovative solutions that address contemporary Australian societal issues around poverty and disadvantage.


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