Governance
The Foundation is a not-for-profit public company limited by guarantee, incorporated under the Corporations Act 2001 and Australian Charities and Not-for-Profit Commission (ACNC).
The principal activity of the Foundation is to support the protection and enhancement of tropical reefs (particularly the Great Barrier Reef) and adjoining coral coasts for the benefit of the world community including through the funding and provision of research, information and education.
Ultimate responsibility for the governance of the Foundation rests with the Board of Directors (the Board). The Board’s primary role is to ensure that the Foundation’s activities are directed towards achieving its mission: support the protection and enhancement of tropical reefs (especially the Great Barrier Reef) and adjoining coral coasts for the benefit of the world community including through the funding and provision of research, information and education. The Board adheres to the ACNC Governance Standards.
The Board delegates the day-to-day management of the Foundation to the Managing Director and oversees and monitors performance of the organisation.
The Foundation has established the following committees which meet and advise the Board on a range of key issues:
- Audit, Risk, and Compliance Committee
- Philanthropy Committee
- Innovation and Scientific Advisory Committee
- Nominations Committee
- Investment & Markets Committee
Our board and committee members volunteer their time and do not receive any remuneration in these roles.
Constitution
Governance