Defined Terms and Documents      'Aboriginal Teenager Life Skills' RTV Social Inclusion Early Intervention Programme 

Life Skills Philanthropic Service Movement or Life Skills Philanthropists or Life Skills Private Sector Philanthropic Service Movement means under the Private Sector Philanthropic Administrator Model Three Philanthropic Elder Colleagues from each of the Ten Corporate Sponsors, collectively Thirty Philanthropic Elder Colleagues, colloquially known as Wise Old Owls, who agree to Fund and ostensibly Administer the 'Aboriginal Teenager Life Skills'  Early Intervention Programme to achieve the Thirteen Deliverables From 'Aboriginal Teenager Life Skills' Programme for the Three Benefits To Ten Corporate Sponsors.  

The definition of Philanthropy explains that a large number of Baby Boomers retire as early as 55 following successful business careers who possess a variety of valuable professional skills.  Many are keen to continue to use those skills because 'if you don't use it, you lose it'.  Some become a director/s of a publically listed company/s.  Others join Rotary Australia or Lions Australia or work with a Not-For-Profit(s).

Some of these talented Baby Boomers are keen to continue to use those skills to assist others less fortunate.  In April '09 the then PM, Kevin Rudd, announced that Golden Gurus was one of nine ideas adopted by the 2020 Summit with employers, government and society needing to support the decisions of older people continuing to contribute to society, in whichever way they choose.  Alas, it hasn't effectively marshaled the enormous talent in a collegiate, collaborative capacity that many Baby Boomers possess.

Successful, well-off business people are generally not attracted to donate material money, goods, time, or effort to support a charitable cause, unless they are directly involved with and contribute to the structure and operations of the Philanthropic activity.  They usually require very tight 'terms of reference' to which they will pledge part of their wealth or voluntary time.

 

A precedent for Life Skills Philanthropic Service Movement can be found in the manner that tens of thousands of community-minded Australians volunteered, at materially lower deliver costs than paid employees, to ensure that the Sydney Olympics was a marvelous success.  The success of the Sydney Olympics demonstrates how Australians will support a project that they believe -

i)         is of national importance; and

ii)        sufficient professional skills are being injected to ensure that they are not wasting their time.  

Large numbers of community-minded successful business executives, with Project Development Expertise, approaching retirement, or recently retired, could be induced to work under national Preventive Health programmes which assist Australians that have not been as fortunate as themselves, to improve their health and Wellbeing, provided these community-minded successful business executives know that they would enjoy decision-making input to create the structure and operations of such national programmes.

Life Skills Philanthropic Service Movement is an Australian response to America's portrayed mortgage on Philanthropy described in the second paragraph of Philanthropy.  However, with Philanthropic Australians providing their time, expertise and a lifetime of experience to impart 'inter alia'  Complimentary Low Cost Initiatives, not their money, and enjoy direct input in programmes which assist the Disadvantaged.  Casual empiricism suggests that the basis of all meaningful Philanthropy is where/when the 'giver' enjoys some/all control over where his/her giving goes. 

Just as Warren Buffett induced, via The Giving Pledge, >50 other American billionaires to also commit at least 50% of their wealth to charities in their lifetimes or at death, Three Philanthropic Elder Colleagues from each of the Ten Corporate Sponsors who possess Three WOO Qualities would be attracted to commit a minimum of 3 hours per week for up to 50 weeks per annum = 150 hours pro bono, for the Aboriginal Teenager Life Skills Coverage Period, to a Life Skills Philanthropic Service Movement, where each Philanthropic Colleague may nominate up to two other Philanthropic Elder Colleagues, as 'Reserve Wise Old Owls', either an Employee Elder Colleague or a Retired Colleague, to -

(i)         cover for illness, holidays or pressing work commitments;

(ii)        enable Retired Elder Colleagues to once again work together and cover for one another; and

(iii)       mitigate Key Man Risk.

The CEOs of Ten Corporate Sponsors would be keen to provide Three Philanthropic Elder Colleagues for the Three Benefits To Ten Corporate Sponsors where the Life Skills Philanthropic Service Movement's 'Audited Annual Financial Accounts' are exceedingly transparent and detailed right down to the last nickel and dime.

Understandably, some of the Thirty Philanthropic Elder Colleagues would have to withdraw their assistance to the Programme due to health or other reasons.  However, the Ten Corporate Sponsors would be able to draw on other Employee Elder Colleagues or Retired Elder Colleagues to fill the void.

Life Skills Philanthropic Service Movement constitutes Social Capital.

Ten Corporate Sponsors notes that the Various Parties includes a Indigenous Principal's Representative that is a Fiduciary which acts in inter alia the best interests of the Life Skills Philanthropic Service Movement.

The Indigenous Principal's Representative would perform his/her Duties And Responsibilities for the Life Skills Philanthropic Service Movement.

Philanthropic Transition to Retirement Division or PTRD explains that the largest 10 Australian companies would each opt to establish within 5 years of Third RTV Year a Philanthropic Transition to Retirement Division ("PTRD") within its Human Resources (Public Relations) because of the benefit to "their bottom line" of Wise Old Owls delivering cost-effective Social Inclusion programmes energised by the Motivational Incentive Of RTV and quantified as a dollar value under 'Goodwill' on their 'balance sheet.