Family Office
Perpetual announces Fulbright scholar

Perpetual has announced the winner of 2019 Fulbright professional scholarship in non-profit leadership, funded through its $51 million public ancillary fund.

Adam Davids is the director of learning at a non-profit that creates internship opportunities for Indigenous university students.

"In his role, Davids supports thousands of Aboriginal and Torres Strait Islander students to obtain a university degree, pursue professional employment, become leaders of industry and role models for future generations," Perpetual said.

The scholarship is funded  through Centenary Foundation and delivered in partnership with the Australian Scholarship Foundation and the Australian-American Fulbright Commission.

The Centenary Foundation is a Perpetual-managed ancillary trust to which people can make tax-free donations. It currently has $51.2 million.

It scholarship enables an emerging leader in the not-for-profit (NFP) sector undertake a program of research and/or professional development in the US with an approved US charitable organisation for a period of three to four months. This year's scholarship is valued at up to $30,000.

Davids will use the scholarship to analyse the pathway to generate sustainable jobs for under-represented minorities by studying leading NGOs and historic institutions in the US, Perpetual said.

His host organisation, INROADS addresses the under-representation of minorities in the boardrooms of corporate America. It was founded in 1970 and now has more than 28,000 graduates currently in executive positions in more than 1000 major corporations.

Davids said: "I look forward to building a global alliance between INROADS, CareerTrackers and other NGOs across the US to create a professional jobs consortium for under-represented minorities and unlock ongoing collaboration with a vision to elevate the social and economic impact of organisations and their beneficiaries."

Australian Fulbright Scholarship recipients are interviewed and selected by panels of experts from academia, government, professional organisations and the US Embassy.

Scholarship applications are now open for the eighth year until 15 July 2019.

Read more: PerpetualCentenary FoundationINROADSAboriginalAdam DavidsAustralian-American Fulbright CommissionAustralian Fulbright ScholarshipAustralian Scholarship FoundationCareerTrackerscorporate AmericaPrivate ancillary trustTorres Strait IslanderUS Embassy
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