FIJI NEWS

Marist ex-students set up trust

By LITIA MATHEWSELL Following a consensus at the Digicel MoBULAise Conference in Nadi on Friday, members of the Marist Brothers High School Old Boys (MOB) are establishing a MOB Trust
14 Oct 2012 08:49

Marist Old Boys with their families before boarding the shuttle for Natadola in Nadi yesterday. Photo: WAISEA NASOKIA

By LITIA MATHEWSELL

Following a consensus at the Digicel MoBULAise Conference in Nadi on Friday, members of the Marist Brothers High School Old Boys (MOB) are establishing a MOB Trust to support the school’s development.
The trust is aimed at helping the development of MBHS, whose Marist Brothers have dwindled to a present handful despite the school’s growth over the past 75 years, and of which none are teaching.
‘’Their structure cannot sustain the growth of the school and in our wisdom the Old Boys felt that the only way we could help the school is to give back what we’ve received from them,’’ said committee chairman, John Grey.
“We have made a decision that, in consultation and collaboration with the Brothers, we will take their views, thoughts and ideas and put those into our MOB Trust.”
Mr Grey said they would be looking at scholarship requirements as part of their objectives for the next 12 months and that the Trust Deed would include the desires and intentions of both the Marist Brothers and MOB.
“So all we’re doing as Old Boys is ensuring that the foundation of our trust will cater for the future development of the school.
“It is based on the laws of Fiji and it allows all participating members and all participating chapters to provide funding and to receive any tax benefits or anything that will come from it.
“Right now people are giving and giving but there are no returns. So in structuring it through a Trust Deed, it allows every participant to be able to claim tax upon their gifts and also ensures good governance and accountability, which are very important in terms of any school or organisation,” Mr Grey highlighted.
The Trust had been floated over the past 12 months and its approval by four other global chapters at Friday’s conference has been described as a breakthrough for the MOB.
Mr Grey said they were pleased with the consensus, which will also benefit the Marist Education Society.
“We’re not particularly looking at students. We’re looking at the institution – the school and the students, where education is the priority and all other aspects under that will also gain from it. But education is our main focus right now,” he added.
Hundreds of MOB members met in Nadi this week to rekindle old ties at the conference, which also marks MBHS’ 75th anniversary.
The Digicel MoBULAise shifts to Suva this week.




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