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2011 Annual Report to the Community - Academy of Mary Immaculate

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ACADEMY OF MARY IMMACULATE, FITZROY<br />

Church Authority <strong>Report</strong><br />

Mercy Education Limited (Mercy Education) is <strong>the</strong> delegated authority which oversees <strong>the</strong> operation<br />

<strong>of</strong> <strong>the</strong> Education ministry <strong>of</strong> <strong>the</strong> Institute <strong>of</strong> Sisters <strong>of</strong> Mercy <strong>of</strong> Australia and Papua New Guinea<br />

(ISMAPNG).<br />

In November <strong>2011</strong>, Mercy Education, a company limited by guarantee and constituted under <strong>the</strong><br />

Corporations Act 2001 (Cth), became registered with ASIC. Prior <strong>to</strong> this and from 1997, Mercy<br />

Education operated as Mercy Secondary Education Inc (MSEI), an incorporated association under<br />

Vic<strong>to</strong>rian State legislation and served <strong>the</strong> needs <strong>of</strong> <strong>the</strong> education ministry <strong>of</strong> <strong>the</strong> former Melbourne<br />

Congregation <strong>of</strong> <strong>the</strong> Sisters <strong>of</strong> Mercy.<br />

Through its Board <strong>of</strong> Direc<strong>to</strong>rs, Mercy Education is responsible for <strong>the</strong> governance and operation <strong>of</strong> ten<br />

(10) Mercy sponsored Colleges owned by ISMAPNG. Mercy Education is <strong>the</strong> Employer <strong>of</strong> <strong>the</strong> Principal<br />

and staff <strong>of</strong> <strong>the</strong>se ten Mercy Colleges.<br />

The Mercy Education Limited Board sets policies, appoints Principals, approves senior leadership<br />

positions and fulfills due diligence in <strong>the</strong> area <strong>of</strong> finance and audit management, capital development,<br />

risk management and litigation.<br />

The existence <strong>of</strong> <strong>the</strong> Mercy Education Limited Association gives strength, support and solidarity <strong>to</strong> each<br />

<strong>of</strong> <strong>the</strong> member Mercy schools - staff, students, College Advisory Councils and parents – as <strong>the</strong> work <strong>of</strong><br />

Mercy Education continues in<strong>to</strong> <strong>the</strong> future.<br />

<strong>2011</strong> ANNUAL REPORT TO THE SCHOOL COMMUNITY PAGE 6

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