R7.49 - The Theodore Fink Education Endowment

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Recitals-

1. In 1956 Mrs Hilda Elliott of Toorak, Victoria and Mr H. Roland Fink of South Yarra, Victoria gave the sum of £1,000 and £500 respectively to endow The Theodore Fink Education Endowment as a memorial to their father, Theodore Fink (1855-1942), chairman of the Royal Commission on Technical Education in Victoria between 1899-1901 and of the Royal Commission on the University of Melbourne between 1902-4.
   
2. Between 1962 and 1986 the University received further donations and a bequest from Mrs Elliott amounting to $27,200 and in 1982 a donation of $1,200 from Mrs Louise de Bretteville who was also a daughter of Theodore Fink.
   
3. At 20 January 2006 the capital of the fund, the Theodore Fink Endowment fund was $50,991.80 and the accumulated income was $24,413.15.

It is provided as follows-

1. The sum of $75,404.95 and any accumulations and additions to the sum is to form the endowment of a fund called "The Theodore Fink Education Endowment" (“the fund”) and the fund must be paid into an investment pool and remain there until Council directs otherwise.
   
2. The income of the fund is to be used to assist in defraying the travelling and other expenses involved in assembling an annual seminar which must be held in Melbourne and which must be concerned with the historical or comparative study of Australian education or both for the purpose of advancing education in Australia.
   
3. Invitations to persons to attend a seminar with the assistance of the fund are made by Council on the recommendation of the dean of the faculty of Education (“the dean”).
   
4. Each seminar is to be called the "The Theodore Fink Memorial Seminar in Australian Education".
   
5. Income of the fund remaining unexpended and the income in any year in which the dean of Education is of the opinion that it is impracticable to convene a seminar may, if Council, on the recommendation of the dean, so directs, be used to assist the publication of any study of Australian education which is historical or comparative or both and in default of any such direction must be added to the fund.