The ACA Foundation Ltd. exists for the purposes of advancing corrosion mitigation through education by providing scholarships, bursaries and awards for academic excellence. The Foundation also seeks to invest in future leader development as well as special projects targeting corrosion education in secondary education and the broader community.
ACA Foundation Limited was incorporated in February 2010. The new entity follows on from a Foundation structure which dates from 1998 and existed within the structure of The Australasian Corrosion Association Inc.
The ACA Foundation Limited has its own board and governance structure, maintains its own financial accounts and bank accounts and is recognised by the Australian Taxation Office, the Australian Securities and Investment Commission and other regulatory authorities including the Australian Charities and Not-For-Profit Commission