Governance and structure
Registration and governance
The St David’s Marist Foundation is a Trust (Reg No: IT4826/06) governed by a Board of Trustees and is a registered Public Benefit Organisation (PBO No: 930023385). The Foundation enjoys the full support of the St David’s community, and is structured in terms of good governance principles and practices:
Independent
The Foundation is a Trust governed by a Board of Trustees, independent of the school’s governing body, whose sole responsibility is to raise and manage donations for the good of the school.
Organised and flexible
The Foundation is staffed by the Foundation Manager, who works in tandem with the Head of Advancement and Board of Trustees and, in consultation with the school, identifies, prioritises, selects and oversees the programmes and projects funded by it. The Foundation is geared to meet the needs of its donors and has a variety of programmes through which donors can contribute.
Accountable
The Foundation provides full and transparent reporting on all its activities, with regular reports provided to donors, an annual audit and the publishing of an annual report.
Tax efficient
The Foundation conforms with the requirements of a Public Benefit Organisation, which ensures that it is tax friendly to donors and receives the lowest rate of taxation in terms of the concessions afforded to Public Benefit Organisations.