The Foundation board believes the Foundation has run its course and with the fundraising dollar ever harder to find will concentrate on its plans for a regional medical school in Mandurah.
The Foundation office will be closed but day-to-day financial management has been contracted out and the board will continue to meet regularly.
And it believes it has found an organisation willing to take over its flagship fundraiser ” the Mandurah Island Challenge ” to ensure it stays in the community.
This year’s Challenge was the most successful ever, with more than 1300 competitors.
The Foundation was established in 2005 to support the promotion, prevention and control of disease in the Peel region.
Foundation chairwoman Ann Fletcher said the support received by the Foundation had been magnificent and it had developed a strategy to fill the gaps in Government funding.
‘The results of community fundraising speak for themselves,” she said.
‘But the board of directors feels the Foundation has served its purpose and that we should now involve ourselves in a final project, using the remainder of the funds raised.
‘We want this final project ” the medical school ” to leave an overall lasting testament to the hard work of the Foundation’s dedicated supporters, including corporate sponsors, local small businesses, local and State Governments and thousands of individual members of the Peel community.
‘Once again, the Foundation plans to work with governments and our major supporters such as Peel Health Campus and Curtin University to realise this vision.
‘This will be our swan song and the directors will then apply for deregistration of the Foundation.’
At last week’s City of Mandurah meeting, councillors resolved to support the plans for a medical school.