3 minute read
Is volatility the new normal?
Is volatility the new normal?
Chair of Foundation Mr John Flecker
Is volatility the new normal? Whether it be pandemic, climate change, politics, the economy, financial markets or the performance of the Eagles or Dockers, it seems there is a higher degree of volatility than we remember in decades past. Even the previously all conquering All Blacks are not immune!
Maybe we just have fonder memories of the past, or smooth out the peaks and troughs in our recollections? In any case, for the foreseeable future we will have to learn to deal with more volatility.
Amongst all of that, one constant is the College’s aim to provide the best possible education and experience to its students, so they are equipped to take their place in the world after graduation, in whatever they do.
Another constant, is Foundation being the safe custodian of the funds under its management for the long term. In order to be this, Foundation is agile to adapt its investment strategies to suit the prevailing economic and investment landscape. We have a terrific cross section of skills and experience on the Board of Trustees of Foundation and are blessed with a high calibre Investment Committee and professional advisor to support us.
Foundation is also closely connected with the College and the Finance & Planning Committee of Council, so that we are aware of and best placed to support the needs of the College. That ranges from providing
Foundation Scholarships and teacher development to supporting relevant capital works or special projects. All targeted to support current and, importantly, future students at the College.
So anyone considering supporting the College now by way of philanthropic donation or in the future by way of bequest, can do so in the knowledge that those funds will be in the safe hands of Foundation to be well applied to support the College now and in the long term.
Please contact Mel Colling, Advancement and Philanthropy if you have included the College in your will or are interested in doing so on +61 8 9383 6987 or philanthropy@scotch.wa.edu.au.
To arrange a free will or receive advice on wording for an existing will contact Pragma Lawyers via +61 8 6188 3340 or hello@pragma.law.