About the Foundation
The TAFE Directors Australia National Scholarships Foundation operates in association with TDA members. TDA members are public providers of technical and vocational education (TAFEs) and TAFE Divisions of dual sector universities in Australia.
TAFEs provide scholarship places to students and assist in administering the scholarship program.
Funds are raised through a number of means, including industry sponsorship and donations, gifts provided by individuals including TAFE graduates, events conducted through TAFE Institutes, major fundraising activities such as gala dinners and through philanthropy.
The TDA National Scholarships Foundation, a company limited by guarantee, acts as trustee for the TDA National Scholarships Foundation Trust. The Foundation is endorsed by the Australian Taxation Office as a deductible gift recipient organisation and is a charity registered with the Australian Charities and Not-for-profits Commission.
Where it Started
Under an agreement with the former Mick Young Scholarship Trust, the assets of the trust were transferred to the Foundation in 2012 when the Mick Young Scholarship Trust was closed. Mick Young Scholarships continue to be provided where this branding is still relevant.
The Mick Young Scholarships were first offered in 1997 to further the work of Mick Young, a shearer, and federal cabinet minister who raised funds to help students complete their education.
Mick Young was driven by the core belief that education creates opportunity and has the capacity to change the lives of individuals, families and communities.
What began as a compassionate idea to provide, from his own pocket, scholarships to assist people doing it tough in his electorate of Port Adelaide, now stands as testimony to the egalitarian beliefs of one individual.
After Mick died in 1996, his colleagues and family decided to continue his work by creating the Mick Young Scholarships Trust. It became national in 1997 and has continued Mick’s abiding belief in education as “a right, not a privilege.”
The trustees of the Mick Young Scholarship Trust (MYST) unanimously resolved to wind up the trust with effect from 30 November 2012 and to distribute the net assets of the trust to the new entity, the TAFE Directors Australia National Scholarships Foundation (the Foundation).