Tenix Foundation - Tenix Group

Introduction

Tenix has established a charitable Foundation to provide philanthropic support to charitable organisations in Australia and help employees do the same.

Tenix through the Tenix Foundation has pledged to donate approximately $1 million a year to charities, focussing its support on charitable works in Australia in the areas of:

Underprivileged children;
Education; and
Research.

Tenix employees are also encouraged to support the work of the Tenix Foundation.

Tenix Foundation

The Tenix Foundation has been formally established under a Trust Deed within the rules guiding the establishment of a Prescribed Private Fund under the provisions of the Income Tax Assessment 1997.

This means that donations to the Tenix Foundation are Tax Deductible.

Management of the Foundation - the Trustee

The Foundation is managed by a Corporate Trustee, Tenix Foundation Pty Ltd.

The Directors of the Tenix Foundation Pty Ltd are:

Ronald Cotton AM (Independent Chairman - Responsible Person) - Ron is an accountant with wide corporate experience. He was previously Group Managing Director - Operations for John Fairfax Limited. Ron has had extensive experience as a Director of numerous public and private companies and currently consults to Government and Business.
Mary Shaw (nee Salteri) Mary is the daughter of Carlo Salteri. Mary, together with her sister Adriana, has managed the charitable undertakings of the Salteri Family for many years.
Adriana Gardos (nee Salteri) Adriana is the daughter of Carlo Salteri. Adriana, together with her sister Mary, has managed the charitable undertakings of the Salteri Family for many years.
Michael Lindsay (Director and Secretary) - Michael is currently Group Company Secretary of Olbia/Tenix, Director of Olbia Pty Limited and a Director of the Australian Indigenous Education Foundation. Mr Lindsay is a Fellow of Engineers Australia, EngExec Engineers Australia and Fellow of the Institute of Chartered Secretaries.

Message from Carlo Salteri

When I came to Australia in 1951, I came to a young country with opportunity, optimism, vitality, and enthusiasm for the future. I came with an education, a privilege I am forever grateful to my parents for encouraging and nurturing.

I have been very lucky in Australia, I have a wonderful family who have all been educated and grown up in Australia. Our business has prospered.

Over the years, our success has enabled us to assist those in our community who have not been as fortunate. It has given us great pleasure to be able to assist charities and other organisations in their endeavours to help those in our community who need an education to have a fair chance in life and those who need medical assistance.

It gives me great delight, together with my four children, Paul, Mary, Adriana and Robert to establish the Tenix Foundation to continue this charitable work.

The Foundation will support Australian charitable organisations working in the areas of:

Underprivileged children - our children are the future of Australia and all Australian children deserve the opportunity to succeed.
Education - an education is a passport to success and provides the opportunity for our children to achieve success for themselves and our country.
Research - particularly in the area of medical research, helps to cure many illnesses and enable people to live a healthy and happy life.

The Salteri family is committed to providing $1 million annually for the works of the Foundation.

I am very pleased that the Tenix Foundation is able to assist those in need in our community, and particularly underprivileged children, to have a bright and prosperous future.

CARLO SALTERI AC

Founder