The Structure & Funding Of The WTM
Founded
-
The WTM 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 WTM to become a registered charity
in 1991.
- From 1991 to 2009, the WTM was known
as the Foundation For Humanity's Adulthood.
Structure
-
A company limited by guarantee ACN 003 930 023.
-
A non-profit organisation which holds an Authority to Fundraise
for Charitable Purposes
No CFN 13531 under
the Charitable Fundraising Act 1991 (NSW).
-
Operates in accordance with its Memorandum and Articles of
Association.
-
Audited annually by a registered company auditor.
Organisation
-
Three directors – unremunerated positions.
-
Over 100 members and supporters (average age about 35
years) predominately
across Australia and New Zealand.
Funding & Expenditure
-
Given it is seeking to introduce a new paradigm, the WTM
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 WTM to grow into a strong, vibrant
organisation.
-
The WTM expends its funds in furtherance of its objectives set
out in its Memorandum and Articles of Association which include
developing and promoting investigation into human evolution
and biological development, with the aim of understanding the
human condition and ameliorating that condition.
