THE FOUNDATION

A new look and new direction

The last financial year was a milestone for the Building and Construction Foundation, established by MBV. we wanted to share some of those exciting key milestones with MBV members.

New Board

In November 2021, we undertook our first recruitment drive for new Board members and were excited to receive many applications from MBV members. As a result, six new directors were appointed to our Board at the AGM, joining three existing directors on the Board.

Our new Board has significant expertise, knowledge and understanding of the current and emerging issues facing the building and construction industry and shares a passion for making a difference and supporting people to build successful careers within the sector.

The Board also brings an outstanding balance of fresh thinking and innovation along with an understanding of the history and constitutional requirements of the Foundation.

New Strategy

Our new Board collaborated in February 2022 to develop a new strategy that will guide the activities of the Foundation over the next three years. The session was lively and insightful.

Through robust discussion, the Board agreed on a new mission to clarify why the Foundation exists, a new vision of our future, a set of values that guide all our behaviours, and five key strategic objectives that will drive our activities and initiatives over the next three years.

We are proud to share the critical elements of our new strategy with MBV members:

Our Mission

To unlock barriers to entry and progression in the building and construction industry.

Our Vision

An industry that is open and accessible for everyone to succeed.

I view the Foundation as the “Opportunity Palace” for advancement and training in the Victorian building industry. Over time the support provided will build highly trained male and female future leaders for our industry which will ensure high quality construction of buildings for us all to use and enjoy over generations. It’s not just about now, it’s also about the future. I support the Foundation and give back every year as it’s an industry-specific organisation and simply a “no brainer” to do so.” Glenn Jones, Boston Consulting Group

Our Values

• Nurturing – we seek to support, encourage, and develop future talent for our industry.

• Inclusive – we believe everyone should have an opportunity to advance their career in our industry regardless of race, gender, age, or sexual preference.

• Collaborative – we foster collaborative partnerships with industry stakeholders and applicants.

• Ethical – we make fair, unbiased, and transparent decisions always.

Our Strategic Objectives

1. Ensure the financial sustainability of the Foundation.

2. Build awareness of the Foundation.

3. Identify and promote the Foundation to target recipients.

4. Leverage the strength of the Board and partnerships.

5. Maintain effective governance.

New Look

Although established by MBV in 2010, the Foundation is an independent, registered charity that needs to fundraise to provide scholarships and develop future talent for our industry.

Therefore, the Foundation needed to develop a brand that represents our unique identity and our proud history and connection to MBV. In May, our Board approved a new logo and a new operating name, Building and Construction Foundation, along with the tagline ‘Established by MBV. Building the Future.’ The feedback on our new logo has been very positive.

New Partnerships

One of our key strategies for expanding the reach of the Foundation is to partner with other entities with a shared purpose.

These included educational institutions and other not-for-profit organisations striving to attract more people into the building and construction sector, particularly those supporting women, minority groups, refugees and new migrants and those from lower socioeconomic groups.

Over the last six months, we have finalised partnerships with Holmesglen Foundation, RMIT, the Gordon and RISE Geelong. We have several other exciting partnerships in progress.

New Supporters

As an independent, registered charity, the Foundation relies on the generosity of individuals and organisations within the building and construction industry who understand the importance of investing in their industry and share a commitment to developing future talent for our industry.

Without our supporters, we would not be able to undertake our important work and support individuals to succeed.

receive from MBV, we have been very fortunate to have two vital financial supporters since inception, Glenn Jones from the Boston Consulting Group and the Forster Family Foundation.

Over this last financial year, we have also been grateful to gain the support of Incolink and Bunnings Trade to create two special scholarships developed to honour the legacy of Mario Biasin.

Make a difference. Build the future

The Building and Construction Foundation is an independent charitable trust with full tax-deductible status. Robust governance processes ensure that all our scholarships need strict criteria and that all donations are used only for their purposes.

You can make a difference and help someone build a successful career within our industry by donating to the Foundation or sponsoring one of our scholarships. Contact the Foundation Director at (03) 9411 4555.

Building and Construction Lawyers

Andrew Whitelaw - Director hitelaw - Director awhitelaw@wflawyers.com.au

www.wflawyers.com.au Level 12/533 Little Lonsdale St Melbourne (03) 9090 6700 Volume 77 Issue 03 Master Builders Victoria | 59