The Structure & Funding Of The FHA
Founded
-
The FHA was
founded in
1983 as the Centre For Humanity’s Adulthood
to develop and promote understanding of the human condition.
- The incorporation
of its structure in
1990 was the initiative of a number of Sydney lawyers
and paved the way for the FHA to become a registered charity
in 1991.
Structure
-
A company limited by guarantee.
-
A
registered charity
in NSW holding Authority to Fundraise for Charitable Purposes
No CFN 13531 under the Charitable Fundraising
Act 1991 (NSW).
-
A
non-profit organisation endorsed from 1 July 2000 by
the Australian Taxation Office as income tax exempt as
a charitable institution.
-
Operates in accordance with its Memorandum and Articles of
Association.
-
Audited annually by an independent accountant.
Organisation
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Six directors – unremunerated positions.
-
Over 100 members and supporters (average age about 33
years) predominately
across Australia and New Zealand.
Funding
-
Given it is seeking to introduce a new paradigm, the FHA
has needed to be financially self-sufficient. Since its inception, its
funding has come predominantly from the donations of the proceeds of the
sale of a furniture business established by Jeremy Griffith and the proceeds
of the sale of a hospitality business established by his brother Simon.
More recently, it has been the commitment and support of its members,
in particular donating their time and effort, that has enabled the FHA
to grow into a strong organisation.
-
There is a voluntary annual subscription fee of $40 for those who wish to participate.
Expenditure
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The FHA expends its funds in pursuing its objectives set out
in its Memorandum and Articles of Association which include:
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Developing and promoting investigation into human evolution
and biological development, with the aim of understanding the current
problems of humanity ie. the human condition.
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Developing interest in the explanation of the human condition put forward by Jeremy Griffith.
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Developing and conducting interactive online courses.