The University of Newcastle, Australia

Gift governance

The University is grateful to have been entrusted with donations from our local and global community for more than 50 years. We are custodians of many funds and charitable trusts.

The University manages its investments in collaboration with a world-leading, global consulting company. These are overseen by the Finance Committee, a sub-committee of our governing body, the University Council. The Finance Committee monitors all University financial and investment performance, oversees the integrity of the University's accounting and financial reporting processes, ensures compliance with finance related legal and regulatory requirements, and embeds effective management of financial risk across the University.

The acceptance and management of gifts are subject to our gift governance framework, and are overseen by our Philanthropic Governance Committee. This process ensures that the use, investment and distribution of philanthropic gifts is respectful, consistent and transparent, and maximises the effectiveness of the gift in delivering on the donor's intent.

We have a growing number of supporters changing lives by giving through the University each year. We are grateful for every gift and take our responsibility to nurture each gift and deliver on our supporters' wishes most seriously.