Mina McKenzie Trust Deed Information
The Mina McKenzie fund was established in 2001 with a Trust Deed that makes MA Board members Trustees of the Fund. The Deed limits the awarding of scholarships through only making 80% of the revenue from the fund being available to a maximum of two recipients during a given accounting period, ie the previous financial year.
The MA Board would like to create and launch a refreshed scholarship programme that actively supports the careers of people working in MA’s member institutions, while honouring Mina McKenzie’s legacy.
The Board needs to change the Trust Deed to enable the scholarship and make it fit for purpose. The current Deed is too restrictive in amount that can be awarded, timing of scholarships and the number of scholarships.
Action
Members can review proposed changes to the Trust deed, review frequently answered questions. Voting members may direct any additional questions to the MA CEO or Board before 28 May and ahead of the voting process at the AGM on 11 June 2025.
Read the proposed document and further information here.
(Member only content)