annual report 2015 - The Friends of the Mater Foundation

Transcription

ANNUAL REPORT 2015
—
Contents
—
ABOUT US / 2
ABOUT THE MATER / 2
CHAIRMAN’S REPORT / 3
EXECUTIVE DIRECTOR’S REPORT / 6
GENERAL MANAGER’S REPORT / 7
OUR BOARD / 9
FUNDING HIGHLIGHTS / 11
EVENTS / 22
FINANCIALS / 31
F U N D I N G H I GHL I GHTS
Advancing Excellence in
Healthcare at the Mater
1
AN N UAL REP ORT 2015
About Us
—
The Friends of the Mater Foundation is a charitable trust supporting excellence in
healthcare at the Mater Hospital Sydney.
In 1997, a successful capital appeal to raise funds to expand the Mater’s Cardiac Services
motivated the fundraising committee to form an ongoing body to provide financial
support to the Mater. It marked the beginning of the Friends of the Mater Foundation.
Since its inception in 1999, the Foundation has been the principal fundraising body of
the Mater Hospital. Major sources of income are donations and bequests. All gifts are
fully tax deductible.
The Foundation has facilitated gifts in excess of $50 million. This is in a large part
due to an extraordinary donation in 2006 of $40 million made by Mr Greg Poche AO,
for the establishment of The Poche Centre, home to Melanoma Institute Australia.
To achieve our mission of supporting priority needs at the Mater, each year, grant
applications are sought from medical clinicians, nurses and allied health professionals
across the campus. Grants are allocated to the areas where support from the
Foundation will have maximum impact on the delivery of quality patient care.
Among our achievements, the Foundation has assisted the Mater to establish new
state-of-the-art facilities; purchase new and much-needed medical equipment; secure
academic appointments in medical and surgical oncology; deliver health education
programs; and implement ground-breaking research projects across the Mater campus.
About the Mater
—
The Mater is a private hospital, renowned for its exceptional patient care. It is also
a teaching and research facility of The University of Sydney and The University of
Notre Dame Australia.
Founded by the Sisters of Mercy in 1906 as a hospital for women and children, today,
the Mater is part of St Vincent’s Health Australia, one of Australia’s leading Catholic
not-for-profit healthcare providers.
The Mater has evolved to become a busy campus. The Mater Clinic, The Poche Centre
(housing Melanoma Institute Australia); the JM Agnew Wing, a 14-bed inpatient
rehabilitation unit; The Patricia Ritchie Centre for Cancer Care and Research; a Renal
Unit of 16 chairs and The Mater Diabetes and Endocrine Centre are all housed within
the campus, which also includes renowned Obstetrics and Orthopaedics departments
and a brand new Special Care Nursery.
The Mater’s core specialities are obstetrics, orthopaedics, including hip and knee joint
replacements, bone and sports injuries; heart, lung and vascular medicine; cancer care
and surgery; ear, nose and throat surgery; urology; endocrine surgery; and neurosurgery.
Additional allied health services include physiotherapy; pathology; radiology; pharmacy;
nutritional services; medical imaging; nuclear medicine; radiation oncology and a
diabetes and endocrine clinic.
All services are supported by holistic programs, such as rehabilitation, education
and counselling.
2
Since its inception in
1999, the Foundation
has been the principal
fundraising body of
the Mater Hospital.
—
C H A I R M A N’ S RE PO RT
Chairman’s
Report
—
In this, my 16th annual Chairman’s Report
to the Friends of the Mater Foundation,
it gives me great pleasure to be able
to inform you that the Foundation
has had a marvellously successful year.
Our organisation has developed into a very cohesive group of friends, all with one purpose
in mind – the support and enhancement of the Mater Hospital.
The Foundation depends very much on the comradery of our members and I am
particularly grateful to those friends who have been willing to share our vision and,
in doing so, have encouraged family and colleagues to join us. This year 21 new donor
families have joined the Foundation. This growth gives the Foundation so much vitality,
and gives me great optimism for its future.
2014-15 has been a strong year with total donations to the Foundation at $1.8 million.
The total includes $673,000 in donations from Private Ancillary Funds. A record $4 million
in grant support was distributed to the Mater this financial year.
We have enabled
the Mater to take
its place at the
forefront of private
hospital maternity
care in Australia.
—
THE POCHE VAN NORTON SPECIAL CARE NURSERY
In June this year we were very proud to celebrate the opening of the Poche Van Norton
Special Care Nursery which, you will be aware, was funded in total by the Friends of
the Mater Foundation. The Opening Ceremony was a wonderful celebration for all.
Our Guest of Honour, Professor the Honourable Dame Marie Bashir AD CVO and Master
of Ceremonies, Ms Sarah Murdoch, have a very great affection for the Mater and again
I thank them both for their gracious presence, their long term support of the Mater,
and their very kind words on the evening.
The new Special Care Nursery has enabled the Mater Hospital to take its place at the
forefront of private hospital maternity care in this country. The nursery is like no other
in terms of its level of equipment and its wonderful aesthetics. Alexandra Kidd and her team
of interior designers have transformed a superbly equipped facility into a welcoming family
friendly environment. In the months since the Nursery opened it has been very busy with
many precious little patients. Because each baby has a private room, both the nursing
and paediatric staff have commented that they have noticed a tremendous upsurge in
the involvement of family , particularly of the fathers, in the day-to-day care of the tiny
babies. The early and constant interaction with family members has been shown to greatly
improve the psycho-neurological development of premature babies.
I would again like to express my heartfelt thanks to all who contributed to the project.
In particular, I would like to acknowledge and thank our major donors Kay Van Norton,
Greg Poche AO, James Packer, Luisa Schirato and Les Schirato AM, Susan and Garry
Rothwell, Sarah and Lachlan Murdoch, Mary-Anne and Travers Duncan, Sandra Parsonage
AM and Robert Parsonage, Nick and Nicole Kurtis, Garry and Beverley Tieck, Greg and
Patricia Karedis and The Mater Lives Committee. The Nursery is a most significant
enhancement to the hospital’s facilities.
3
LEFT: Keith Hartman AM, Kay Van
Norton, Regina Tomazetti, Dr Bithi Roy.
OTHER CONTRIBUTIONS
This financial year the Foundation has again received several extremely generous donations
from long term benefactors who are committed to our support of teaching and research
endeavours. Through their ongoing funding of two academic chairs of the University of
Sydney based at the Mater Hospital they have enabled an active teaching and research
program which is the envy of many hospitals in the country. Annually our Foundation
contributes around $600,000 in support of these academic activities.
The Bill and Patricia Ritchie Foundation continue to be enormously generous in
the support of The Patricia Ritchie Centre. The Centre continues to produce very high
quality clinical research as well as providing a caring and warm environment for the
administration of chemotherapy to our cancer patients. It is a unique facility and one
which brings great comfort to people at a time of enormous stress in their lives and
I sincerely thank the Ritchie family for their ongoing loyalty and generosity.
I would like to also thank and acknowledge the extraordinary and continued support
of Les Schirato AM and Luisa Schirato, The Mill House Foundation, The Carlo and
Roslyn Salteri Foundation, Paul Salteri AM and Sandra Salteri, Garry and Beverley Tieck
and Robert and Sandra Parsonage AM.
This year we have new benefactors who have provided most generous funding for
specific projects. Dr Reg Hessian AM has established a substantial fund to provide
an annual scholarship in memory of his late wife, Pamela Hession, for a Mater nurse
to further study and enhance skills in specialist oncology (cancer) nursing.
The Bernard Curran Foundation has made a very generous commitment towards
building a dedicated emergency operating theatre in Maternity, which will further
enhance the quality of care we provide.
STRATEGIC PLANNING
I was delighted that Mr Toby Hall Group CEO of St Vincent’s Health Australia and
Mr John Pitsonis, General Manager of the Mater Hospital were able to join us for a session
at our Strategic Planning Day held in May this year. The Directors were particularly keen
to hear details of the strategic plans of the parent organisation of the Mater Hospital.
Clearly it is critical that the Foundation’s projects align with the Mater’s development
plans and priorities.
Of particular interest to the Directors of our Foundation has been the possibility of
developing a ‘world’s best practice’ Palliative Care service at the Mater. I am delighted
to report that our commitment of $5 million towards this project has been accepted
and endorsed by both the Mater’s Executive and the Board and Trustees of St Vincent’s
Health Australia.
Preliminary work has commenced with a committee established to research a best practice,
integrated healthcare facility for our seriously ill patients.
4
C H A I R M A N’ S RE PO RT
Every single
Friend can feel
part of our
success and
proud of the
extraordinary
support we
provide to the
Mater Hospital.
—
IN MEMORIAM
It is again this year my very sad duty to inform you of the passing of several of our loyal
friends. I acknowledge the generosity and support during their lives of Dimity Hill,
Ian Hayson and Padmini Bhuta. All are greatly missed and our warmest wishes and
prayers are with their families.
THANK YOU
The success and strength of our Foundation depends on having a close working
relationship with the administration of the Mater. I sincerely thank John Pitsonis,
General Manager of the Mater, Leanne Laidler, Director of Nursing and Margaret Benjafield,
Executive Administration for their assistance and support.
I would also like to thank Sally and Reg Richardson who so kindly opened their beautiful
home for our function last November and also, so very generously met the catering cost.
I sincerely thank Charles and Rachel Kelly from the Doncaster Hotel for their donation of
alcohol for our events, David and Carla Schmidt from Andre’s Hire Service for their ongoing
provision of all glassware and hire requirements and to Kylie Dunlop from Kylie Dunlop
Photography for her generosity in recording all these happy events.
The Foundation depends on many people giving generously of their time and expertise.
The Board is grateful to have the pro bono services of DFK Richard Hill, our honorary
accountants and their representative Jeffery Galvin who has given us extraordinary
assistance in promptly and expertly completing our financial reports. I thank both
Richard Hill and Jeffery Galvin for their generous contribution.
Thank you also to Ms Felicity Rourke (partner Norton Rose Fulbright) for her availability
as our honorary legal adviser.
I would like to acknowledge and sincerely thank my fellow Board Directors who continue
to contribute so generously of their time and expertise. Mr Andrew Beatty, Dr Katie Ellard,
Mr Rex Hoeben, Dr Alice Killen, Mr Graham Rich, Mr Reg Richardson AM and Ms Greta
Thomas have brought their expertise and wisdom to the Board table. The Board continues
to be a vibrant forum for discussion and planning. Without doubt every Director has made
an enormous contribution to the wellbeing of the Foundation. I would like to express my
personal appreciation to each Director for their commitment and generosity.
Margaret McCauley, our Executive Director, is exemplary in terms of her professionalism,
competence, personal charm and her very compassionate and helpful approach to our
members when they are in need. In the past year, Stephanie McCabe has taken on more
of the administrative work of the Foundation, which has allowed Margaret to concentrate
on fostering relationships with our donors. The Foundation is blessed to have the services
of both Margaret and Stephanie and I thank them both sincerely.
The Friends of the Mater Foundation continues to grow and to go from strength to strength.
Clearly, our donors large and small are the life blood of our Foundation. Every single Friend
can feel part of its success and proud of the extraordinary support we provide to the Mater
Hospital in pursuing its mission of providing outstanding quality holistic patient care and
advancing excellence in healthcare.
I thank each and every one of you for your contributions and your loyalty.
Keith Hartman AM
CHAIRMAN
5
Executive
Director’s
Report
—
This year was another outstanding year
for The Friends of the Mater Foundation.
I would like to thank all our dedicated
Friends for their generosity and support,
which has once again exceeded expectations.
In this our 16th year, I am immensely proud of the generosity of our Friends in
enabling the construction of the new Poche Van Norton Special Care Nursery.
This world-class facility for critically ill newborn babies and their mothers sets
a new standard of care at the Mater and would not have been possible without
the Foundation’s remarkable support. I would like to acknowledge Mr Greg Poche AO
and Ms Kay Van Norton, for their incredible contribution of $2 million for the project.
Our contributions to advancing the research and teaching capability of the Mater
were also significant this year. Through the support of our Friends, we were able to
award more than $4 million in grants to the hospital, funding not only the Special Care
Nursery, but also supporting a broad range of research projects and providing salary
support for a number of Fellowships and teaching positions. In many cases, without
this support, the Mater’s nursing and clinical staff would not be able to conduct
their research, provide high-quality care or assist in training the next generation
of healthcare professionals. This support is ensuring the Mater continues to be
renowned for its world-class research, teaching and patient care.
I would like to acknowledge and thank our Chairman, Dr Keith Hartman AM for
his continued dedication and commitment. Keith’s energy for advancing healthcare
at the Mater never wavers and many of our achievements are the result of his
determination and passion. Thank you also to our Board of Directors for their
professional advice in ensuring the Foundation continues to achieve its mission
of making a difference at the Mater. My thanks also go to Stephanie McCabe for
her invaluable assistance again this year.
Lastly, to our Friends, new and old, I thank you very sincerely for your generosity
and commitment. Your support is making a significant contribution to advancing
excellence in healthcare and research at the Mater both now and for future
generations.
Margaret McCauley
6
The new Poche Van
Norton Special Care
Nursery sets a new
standard of care at the
Mater for critically ill
newborn babies.
—
G E N E R A L M A N AG E R ’ S RE PO RT
General
Manager’s
Report
—
Mater Hospital Sydney
2014–2015
Through the
continuing,
generous support
of the Foundation
the Mater continues
to Serve, See
and Strive for
Something Greater.
—
The wonderful, substantive support of The Friends of the Mater Foundation,
as always, is greatly appreciated as the Mater Hospital continues to Strive for
Something Greater in the safe and efficient provision of quality person centred
care. I am pleased to deliver this report of the hospital’s progress in the last year.
NORTH WEST EXTENSION
Following five years of planning and development, the Mater Hospital North West
Extension was opened by Professor The Honourable Dame Marie Bashir AD, CVO
at a commemorative function on 1 June 2015. This opening signified an important
milestone in the rich history and traditions of the Mater Hospital and has greatly
enhanced our capabilities in many core areas.
Featured on Level 3 of the Extension is the state-of-the-art Poche Van Norton Special
Care Nursery, made possible by The Friends of the Mater Foundation. On behalf of
St Vincent’s Health Australia and the Mater Hospital, I publicly thank Kay Van Norton,
Greg Poche AM, and the many Friends of the Foundation for their amazing support
for this project.
This purpose-built, neonatal facility has been designed to international best practice
standards. It features an abundance of natural light, 16 individual patient rooms,
advanced patient monitoring and resuscitation equipment and superior amenities
for staff and parents. The interior design by Alexandra Kidd and her team sets a new
standard in patient comfort, style and amenity.
The facility substantially reduces our need to transfer seriously ill or premature babies
to other neonatal intensive care units. The new nursery also features the appointment
of Dr Bithi Roy as the Mater Lives Senior Neonatology Registrar. This appointment is
the first of its kind in any private hospital in Australia and, together with the wonderful
new facility, will ensure that the Mater maintains its hard earned reputation as this
state’s premier, private maternity hospital. The planned conversion of the former
Special Care and Well Baby Nurseries to a dedicated Obstetrics Theatre will further
enhance our services in this area.
The North West Extension has also enabled the addition of several other new facilities
and enhanced services on our campus. Featured on Level 2 are two additional
operating theatres — one to accommodate advanced robotic surgery equipment
and the other to serve as a dedicated cardiovascular hybrid theatre. This level also
features an expanded Recovery Room, and six additional intensive care beds with
the latest adult patient monitoring and ventilation equipment.
7
On Level 1, 17 new orthopaedic and rehabilitation beds and an expanded Physiotherapy
Department and Gymnasium have been added to ensure our clinicians can meet the
growing demand for services.
The Ground Floor features an upgraded Pharmacy and Florist and a proposed new coffee
shop. We have also made improvements to the ‘Mercy Walk’ entry to the Healing Garden,
displaying the Hospital’s foundation stones from 1906.
There are many people to thank for their involvement in this project. In this report, I would
like to give a special mention of Dr Keith Hartman AM who, as Chairman of The Friends
of the Mater Foundation, and a leading, senior Obstetrician and Gynaecologist at the Mater
Hospital, participated in the project meetings and provided valuable inspiration and support.
While Dr Hartman has rightly extended the highest levels of appreciation to the many
generous donors and contributors to the project, the North West Extension would not
have been achievable without his personal involvement, drive and unfailing commitment
to which we owe an enormous gratitude.
FUTURE GROWTH
Ensuring we can continue to meet the needs of our community remains a priority.
We will shortly embark on preparing a comprehensive Clinical Services Master Plan to
project the clinical services demands of the broader hospital campus for the ensuing
10-15 years. This process will provide the foundation for future development and
contribute to a Physical Facilities Master Plan.
In the interim, many improvement projects are currently underway including the expansion
of the ground floor Pathology Laboratory; upgrades to the existing operating rooms,
construction of a new Obstetrics Theatre and Recovery Room and conversion of the
remaining four bed wards to single and double rooms with ensuite.
Combined with several other projects, these enhancements will ensure we can continue
to provide the best possible care to our patients.
Early meetings of a newly formed committee have also commenced to examine the
feasibility of extending the Hospital’s Cancer Services to include a best practice palliative
care service, in response to overwhelming community and medical demand. This review
will also examine the potential to include a purpose-built hydrotherapy pool and associated
day rehabilitation services, proposed relocation of the Mater Renal Dialysis Unit and the
addition of more specialist medical consulting suites and car parking. We are appreciative
of the support The Friends of the Mater Foundation has already committed to this
important project.
THANK YOU
On behalf of St Vincent’s Health Australia and the wider Mater community, I extend our
sincere appreciation to all members of The Friends of the Mater Foundation, the Board
of Directors, and, especially to Chairman, Dr Keith Hartman and, Executive Director,
Margaret McCauley, for their hard work, dedication and leadership.
Through the continuing, generous support of The Friends of the Mater Foundation,
the Mater Hospital continues to Serve, See and Strive for Something Greater and to deliver
our mission to bring God’s love to those in need through the healing ministry of Jesus.
John Pitsonis
GENERAL MANAGER
MATER HOSPITAL
8
O U R BOARD
Our Board
—
The trustee of the Foundation is Friends of the Mater Limited,
a company limited by guarantee. The company is independent
of the Mater, with its own board, membership, management
and rules.
Chairman
DR KEITH HARTMAN AM MBBS (SYD) FRCOG FRANZCOG
APPOINTED 1999
Appointed at the inception of The Friends of the Mater Foundation, Dr Keith Hartman
is a visiting Obstetrician and Gynaecologist at the Mater Hospital with consulting rooms
in the Mater Clinic. Keith has been associated with the Mater since his graduation from
the University of Sydney in 1971. After doing his residency and two years as a surgical
registrar at the Mater Public Hospital, Keith trained in Obstetrics and Gynaecology at
St Margaret’s Hospital, Darlinghurst, and at the John Radcliffe Hospital, Oxford, England.
He was appointed as a Visiting Medical Officer at the Mater in 1980, and later served as
Chairman of the Department of Obstetrics and Gynaecology from 1990 – 1994. Keith
was also Chairman of the Mater’s Capital Appeal Committee in 1998, and a member
of the board of the Mater for several years until the merger with St Vincent’s Hospital.
Directors
DR ALICE KILLEN MBBS MPH (HARV) FRACMA FAICD
APPOINTED JULY 2002
Alice Killen is a registered medical practitioner, who specialises in medical administration
and management. Alice has chief executive and other senior executive experience in
the healthcare industry, in public and private sectors (not-for-profit and publicly listed
companies) in Australia and overseas. She is currently CEO of the Skin & Cancer
Foundation Australia. Alice worked at the Mater Hospital from 1990 – 2002 where she
was Initially the Director of Medical Services and then, for seven years, the CEO and
Director of Medical Services. Alice is a Fellow of the Australian Institute of Company
Directors and is a Non-Executive Director on a number of other Boards.
MR GRAHAM RICH B.COM (ECON)
APPOINTED FEBRUARY 2005
Graham Rich is a founder and Deputy Chairman of Gresham Partners Limited, a leading,
independent Australian owned Investment House established in 1985. He has enjoyed a
long and successful career in merchant and investment banking in the United Kingdom,
Hong Kong and Australia. He has extensive experience in corporate financial advice,
capital markets and funds management. Throughout his career, Graham has also served
as a Director of a number of other listed and unlisted public companies and charitable
institutions.
9
REG RICHARDSON AM FCPA FCIS FGIA DIP CM
HON FELLOW THE UNIVERSITY OF SYDNEY
APPOINTED JANUARY 2006
For many years, Reg Richardson has been engaged with businesses owned by him.
They include pharmaceutical warehousing and distribution, information management
and self-storage. Currently he is Chairman of Melanoma Institute Australia and
co-founder and Board Member of Poche Centres of Indigenous Health at Universities
of Sydney, Melbourne, Queensland, Western Australia and Flinders University. In 2015,
Reg was appointed to the St Vincent’s Health Australia Sydney Regional Advisory
Council. He has previously served as Deputy Chairman of the Museum of Contemporary
Art and on other arts-related Boards. In 2014, NSW government body, Arts NSW awarded
Reg the Highest Achievement Award for his volunteer work in the community. Also in
that year, Reg was awarded a Rotary International Fellowship for his philanthropic work
in Australia. Reg’s four grandchildren were born at the Mater Hospital.
MR ANDREW BEATTY BA LLB (SYDNEY)
APPOINTED FEBRUARY 2008
Andrew Beatty is a lawyer specialising in planning, environmental and valuation law.
Formerly the Honorary Solicitor to The Friends of the Mater Foundation, Andrew
has previously served on boards of other non-profit organisations, including those
concerned with environmental science and public parklands. Andrew and his wife
Mary have five children, three of whom were born at the Mater Hospital.
MR REX HOEBEN FCA
APPOINTED AUGUST 2010
Rex Hoeben has been in practice as a Chartered Accountant since 1977; initially,
as a sole practitioner, then as a Senior Partner of the firm, Pritchard Adams, and
recently as a Senior Client Director at Kelly + Partners. Throughout his professional
career, Rex has held positions in educational and charitable institutions, local community
groups, and has been a director and advisor to many small and medium businesses
and companies.
DR KATHERINE ELLARD MBBS FRACP
APPOINTED JULY 2011
Dr Katie Ellard is a gastroenterologist in private practice at St Leonards. She first came
to the Mater Hospital as a medical student in 1977. Since then, Katie has enjoyed a long
association with the Mater, including time as the Chairman of the Mater Medical Staff
Association and Head of the Department of Gastroenterology. Katie is a member of the
Council of the Gastroenterological Society of Australia. She has taught medical students
at the Mater over the last two decades for The University of Sydney and, more recently,
for The University of Notre Dame Australia.
MS GRETA THOMAS MBA
APPOINTED SEPTEMBER 2011
Greta Thomas has extensive strategy, marketing and development experience.
In March 2011 she was named one of the Advance “Leading 50” current and future
Australian women leaders. Advance is a network of more than 20,000 current or recent
expatriate Australians. Greta recently spent nearly four years overseas with the acclaimed
(RED)™ initiative co-founded by Bono and Bobby Shriver to raise money from leading
global consumer brands to finance HIV and AIDS programs in Africa. Greta has also
consulted with McKinsey & Company, helped launch eBay Australia, and was part of
the leadership team at the Sydney Opera House. She is also a Non-Executive Director
of Sydney Dance Company.
10
Funding
Highlights
—
This year, The Friends of the
Mater Foundation contributed
more than $4 million towards
advancing healthcare and
treatment at the Mater.
11
12
Obstetrics
DELIVERING A NEW SPECIAL CARE NURSERY FOR THE MATER
After several years of planning, fundraising and construction, in June we were excited
to officially open the Poche Van Norton Special Care Nursery. This state-of-the-art facility
is dedicated to caring for premature and low birth-weight babies born at the Mater.
The nursery was fully funded by The Friends of the Mater Foundation through
the outstanding generosity of our donors who collectively contributed a remarkable
$4.7 million to build, design and equip the nursery. The construction of the nursery
would not have been possible without the extraordinary donation of $2 million from
Mr Greg Poche AO and his wife Ms Kay Van Norton towards the project. Thank you
to Greg and Kay and everyone who donated to this major appeal.
The new facility, which is located on the third level of the Mater’s new North West Wing,
features 16 individual patient rooms where parents of special needs babies are able to
stay close to their newborns. Recent research has shown that maternal-infant bonding
for babies who need prolonged nursery care is important in recovery. By providing
private rooms for mothers and their babies, each equipped with high quality medical
equipment, the Special Care Nursery is setting a new standard of care.
16
INDIVIDUAL PATIENT
ROOMS FOR CRUCIAL
MATERNAL-INFANT
BONDING
“It’s hard to express the overwhelming sense of community
and spirit surrounding this project. I will forever be humbled
to have played a part in bringing such a longstanding dream
of so many to life.”
—
Alexandra Kidd, interior designer
13
LEFT : Alexandra Kidd, Robert Parsonage
& Sandra Parsonage AM.
“It was our aim to provide world’s best practice for our smallest
and most vulnerable patients. Alexandra Kidd’s brilliant design
has contributed enormously to the achievement of that dream.
I sincerely thank all our donors, large and small, for their
outstanding generosity.”
—
Keith Hartman AM, Chairman
With the enhanced features of the dedicated nursery, the Mater is now able to deliver
the best possible care to premature and low birth-weight babies, without the need
to transfer them to another hospital.
As well as providing the very best in medical care and equipment, interior designer
Alexandra Kidd and her team have created a unique and nurturing space for our
tiniest patients.
The Friends of the Mater Foundation is extremely proud of this valuable contribution
to the Mater, made possible by the support of our dedicated and generous donors.
14
A UNIQUE AND
NURTURING SPACE
FOR OUR TINIEST
PATIENTS
Diabetes
SUPPORTING DIABETES CARE
1.7
MILLION
AUSTRALIANS
HAVE DIABETES
DIABETES IS
THE FASTEST
GROWING CHRONIC
CONDITION FACING
AUSTRALIANS
For the second year running, The Friends of the Mater Foundation is pleased
to provide support for the Mater’s Diabetes & Endocrine Centre.
Diabetes is one of the biggest issues facing Australia’s healthcare system. Around
1.7 million Australians have diabetes and some 280 Australians develop diabetes
every day. It is the fastest growing chronic condition in Australia; increasing at a
faster rate than other chronic diseases such as heart disease and cancer.
The Mater’s Diabetes & Endocrine Centre was established in October 2013 to provide
personalised optimal metabolic management for patients with all forms of diabetes,
as well as patients with other endocrine disorders. The service provides inpatient
and outpatient care, in one location, using the latest technologies and procedures.
Funding support from the Foundation has helped the service grow significantly in
the past year, expanding from a one-day-a-week service to now spanning four days
a week. Grants from The Friends of the Mater Foundation have gone towards
covering the salaries of two dedicated diabetes educators and a diabetes dietician
for the service. Equipment needs have also been met with grant assistance from
the Foundation. Independently, the team has also grown to include a second
endocrinologist and second dietician to support Mater endocrinologist and head
of the service Dr Katherine Tonks.
In the coming year, a new grant awarded by the Foundation in 2014–15 will be used
to add a physical therapy arm to the service to enhance patient care in areas of
diabetes management, weight loss and weight maintenance, balance and strength
and pre and post-partum health.
“None of these advances would have been possible without
the ongoing support of The Friends of the Mater Foundation.
The staff of the Mater Diabetes & Endocrine Centre would like
to say thank you to the Foundation in allowing us to translate
your support into better care for Mater patients.”
—
Dr Katherine Tonks
RIGHT: Dr Chelsea McMahon,
Natasha Leader, Dr Katherine Tonks,
Wendy Bryant, Natalie O’Carroll.
15
Research fellowship
FUNDING TO ADVANCE THE MATER’S RESEARCH
The Friends of the Mater Foundation has a tradition of supporting research and teaching
positions at the Mater. This year, we were able to fund a new clinical fellowship in
Medical Oncology and Palliative Care. Dr Ben Forster was appointed in the fellowship
role in February 2015.
“It has been a privilege to work in this position. The Fellow role has allowed me to
develop as a supervisor through mentoring our Advanced Trainees and Interns in their
rotations in the Department of Cancer Care, and through teaching of medical students
from the University of Sydney’s Northern Clinical School undertaking clinical terms.
I have also delivered lectures and tutorials in the Oncology Block of the Sydney Medical
Program, and been involved running education days and seminars senior nursing staff
in medical oncology and supportive care.
I have also contributed to several research publications in supportive care, and am
involved as an investigator on several national and international trials in breast oncology
at The Patricia Ritchie Centre for Cancer Care and Research. I have joined the advisory
group and investigator team headed by Dr Melanie Lovell for the STOP Cancer Pain Trial
and have contributed to a web-based Q-Stream educational program for health care
professionals on key themes of the national cancer pain guidelines.
A NEW CLINICAL
FELLOWSHIP
IN MEDICAL
ONCOLOGY AND
PALLIATIVE CARE
As well as providing continuing involvement in research and clinical trials, this position
has also enabled me to contribute to quality improvement projects in supportive care
and oncology services at the Mater. I have been involved in a bereavement focus group
to explore ways that transitions to palliative care can be enhanced and communication
with the bereaved improved.”
LEFT: Dr Ben Forster.
16
RIGHT: Breast and Surgical Oncology
Staff: Ms Suzie Reskakis, Dr Gillian
Lamoury, A/Prof Prof Meagan Brennan,
A/Prof Andrew Spillane, Dr Cindy Mak,
Dr Sanjay Warrier, Dr Kylie Snook.
“We would like to thank the supporters
of The Friends of the Mater Foundation
for their ongoing highly valued support
of our research and teaching program.”
—
A/Prof Andrew Spillane
Oncology
SUPPORT FOR BREAST AND SURGICAL ONCOLOGY
For many years, The Friends of the Mater Foundation has chosen to support a range
of research and teaching activities delivered through the Mater’s Breast and Surgical
Oncology team at the Poche Centre. This Department is highly active in the research
space and in 2014–15 alone published 15 peer-reviewed manuscripts in national and
international journals and presented at more than 10 national and international
meetings.
FUNDING FOR VITAL
RESEARCH AND
TEACHING AT
THE MATER
Funding from the Foundation has enabled the continuation of a number of significant
research projects led by the Centre, including two separate studies into quality of life
outcomes after different types of breast reconstruction and a project investigating
systemic issues around the widely disparate rates of breast reconstruction after
mastectomy throughout Australia.
Funding support has also allowed the Centre’s clinicians to be involved as investigators
in a range of national and international clinical studies including an Australia/New
Zealand Breast Cancer Trials Group Study assessing the safety of avoiding radiotherapy
in low risk breast cancer cases and a breast reconstruction quality of life study, primarily
involving European countries.
Grant funding from the Foundation also helps to support a one-year Surgical Fellowship
at the Centre and, in part, the academic position held by Dr Andrew Spillane, Associate
Professor of Surgical Oncology and head of the Centre. These roles play an important
part in the teaching function undertaken at the Mater. Poche Centre specialists regularly
take on medical student groups for clinical exposure, and participate in activities
including running senior medical students’ examinations and teaching junior medical
students about the examination process.
17
Cancer research
LEADING THE WAY IN INNOVATIVE
CANCER CARE AT THE MATER
Chemotherapy-induced hair loss is a common and
distressing side effect for many patients. While scalp
cooling to reduce this hair loss has been available in
Europe for more than a decade, the Mater was the
first site in Australia to introduce this technique in
2010 thanks to support from The Friends of the
Mater Foundation. What began then as a small project
to help Mater cancer patients has now developed into
a national and international collaboration made
possible with ongoing support of the Foundation.
With the Mater’s program and research now well
developed at The Patricia Ritchie Centre for Cancer Care
and Research, the team’s aim is to assist other hospitals
to learn how to help their patients in this way. With this
in mind, research conducted in the last year focused on
two areas: patient experience of scalp cooling and health
professional needs.
To gain an understanding of the patient experience, focus groups were held with
Mater patients who had completed chemotherapy. Participants were asked about
their views and needs about hair loss and scalp cooling. Most people were satisfied
with the opportunity to preserve hair, although experiences differed regarding
effectiveness and tolerability of the scalp cooling technique. Patients identified
a need for more information to help with decision-making, as well as information
to share with their hairdressers about hair care during treatment. With these
findings, the Mater’s team is producing a series of short online videos to address
the concerns raised.
In the study with health professionals, staff at four other hospitals where scalp cooling
has begun, and one centre where it is not used, were interviewed in order to understand
barriers to and facilitators of implementation. Participants highlighted a need for further
data to assist oncologists with patient selection for scalp cooling to ensure positive
results. Findings also showed that previous scalp cooling experiences influenced health
professional attitudes, with recognition that the newer devices reduced workload for
staff and improved effectiveness and comfort for patients. The interviews also found
there was a need for high quality education, and that visiting the Mater to see first-hand
the scalp cooling technique was beneficial.
SUPPORT FOR A
GROUND-BREAKING
RESEARCH AND
TREATMENT
OPTIONS
“The ongoing support provided by
the Foundation has allowed us to
present research findings at national
conferences in 2013 and 2014 and
continue our research into new areas.”
—
Prof Fran Boyle AM
ABOVE: Kerrie Andrew, Prof Fran Boyle AM, Barbara Thomason.
LEFT: Prof Fran Boyle AM.
18
Donor support
ENCOURAGING EXCELLENCE IN NURSING
This year we felt privileged to be able to honour the memory of one of the Mater’s
long-term patients, Pamela Hession, by establishing an award in her name.
Pamela had a long association with the Mater, first as a young child and then later in life,
as a patient in the Mater’s Orthopaedic Department. In 2004, she was diagnosed with
chronic lymphocytic leukaemia (CLL) and underwent treatment at The Patricia Ritchie
Centre for Cancer Care and Research over a period of ten years.
AN AWARD TO
RECOGNISE THE
REMARKABLE CARE
GIVEN BY MATER
NURSES
During her long association with the Mater, Pamela found the nursing care she received
to be second to none. Before she died, Pamela expressed her wish to her husband,
Dr Reg Hession AM, to do something to thank the Mater nurses for their remarkable
care and to support the work they do.
Responding to her wishes, Reg approached the Foundation to help set up an award
which would further nurse education in the haematology/oncology area. Following
consultation with Professor Fran Boyle AM, Director of The Patricia Ritchie Centre,
The Pamela Hession Award was established. The award will provide funding for a Mater
nurse or clinician to undertake further approved clinical training or to attend a national
or international conference or Centre of Excellence, where they can gain first-hand
knowledge and experience of the processes and equipment which are at the cutting
edge of modern treatment methods.
Pamela’s intention was to recognise the “immense importance” of secondary
care - often provided by nursing staff - in prolonging not only the lives, but also
the well-being and lifestyles of those affected by cancer.
The first Pamela Hession Award will be conferred in 2016.
“Pamela had often discussed her desire to do something positive
and lasting for the nursing staff at the Mater...it was logical that
an Award for the nursing staff at the Mater be pursued.”
—
Dr Reg Hession AM
19
Grants awarded
in 2014–15
—
Each year, The Friends of the Mater Foundation allocates
grants to advance the Mater Hospital as a centre of
excellence in health services and to achieve the best
healthcare outcomes for patients.
Our grants are given to a range of causes within the Hospital, helping to fund
the purchase of state-of-the-art equipment, to support and encourage education
through hands-on experience, and to enable Mater clinicians to conduct innovative
medical research to advance treatment and patient care.
Grants are available to medical clinicians, nurses and allied health professionals
within the Mater Hospital. Successful applicants are required to report on their
research activity, work performed, funds spent, and papers published as a result
of their research. A progress or final report is due within 12 months of grant payment.
In 2014–2015, $4.5 million in grants were allocated across a broad range of departments
within the Mater.
FUNDING FOR CAPITAL WORKS
• The Poche Van Norton Special Care Nursery
FUNDING FOR RESEARCH STUDIES
• Obstetrics - International research study into the use of tocolytic drugs to delay
the onset of labour in preterm labour
• Cancer Care - An Internationally validated questionnaire to measuring the impact
of hair loss of the scalp on quality of life
• Surgery - Study investigating how genetic factors influence the success
of weight loss surgery
• Melanoma Institute Australia - International Study investigating quality of life after
systemic treatment of melanoma, in a large sample of patients from Australia and the UK
FUNDING FOR SALARY SUPPORT
• Clinical research positions including a Breast and Surgical Oncology Fellowship and
Medical Oncology and Palliative Care Fellowship, as well as other research positions that
enable the Mater to continue participation in important clinical trials in cancer research.
• Funding to help cover the salary costs of a diabetes educator and dietician working
at the Mater’s Diabetes & Endocrine Centre.
FUNDING FOR PATIENT CARE
• Diabetes & Endocrine Centre - physical therapy program for patients.
20
21
Events
—
Cocktail Party Nov 14
AT THE HOME OF REG RICHARDSON AM & SALLY RICHARDSON
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1 Melanie Vandervord, Geoff Hartigan, Andrew Vandervord
2 Maureen McCabe OAM, Ken & Antoinette Maurer
3 Mimi Prins & Virginia Nelson
4 Ron Richards, John Higgins, Ian Stephenson, Catherine Higgins
5 Richard Small & Jerry Ellis AO
6 Sally & John Manning, Janice & Richard Hill
7 Mark Sellers, Pete & Sarah Allsopp, Louise Sellers
8 Louise Raedler-Waterhouse, Alice Killen, Robert & Kylie Clarke
9 Maryanne Cuschieri & Carmen Merrick
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10 Amanda Hartigan,Nicholas & Rebecca Calfas
19 Anne Ellis, Julie Anne Small
11 Belinda & Peter Barnes, Sue Scrimshaw
20 Jennifer & Grant King
12 Christine Liddy AO, Robyn Treseder, Frances Warne, John O’Neill
21 Fr Paul Coleman rsj, Warren & Alicia Spinks
13 Donna Lowrey, Stephanie McCabe, James Dwyer
14 Dee Perry OAM & Christine Fraser
15 Geoff & Shaan Verco, Andrew & Dominique Robinson
16 Ian Day, Alexandra Kidd, Keith Hartman AM
17 John Watson AM, Julianne Watson, Reg Richardson AM
18 Lisa & Simon McSweeney, Judy Herring, Barbara Murray
23
Opening Ceremony
NORTH WEST EXTENSIONS 1 JUNE 2015
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1 B
ishop Terry Brady, John Pitsonis, Sarah Murdoch,
Allen Madden - Welcome to Country
7 Ellen Ryan, Les Schirato AM & Katy Farley
2 J
ohn Pitsonis, Kay Van Norton,
Margaret McCauley, Keith Hartman AM
9 Reg Hession AM, Katrina & Simon Bird
3 P
aul Robertson AM, Bishop Terry Brady, Toby Hall,
Keith Hartman AM
4 David Robinson, Martin Day, Professor Marie Bashir AD,CVO,
John Pitsonis, Sandra McPhee AM
5 D
enis & Helen Durham, Margaret George,
Stephanie McCabe
6 Kay Van Norton & Keith Hartman AM
24
8 Ian Day, Luke Hartman, Nicholas Calfas
10 P
aul Robertson AM, The Hon Jillian Skinner MP,
Professor Marie Bashir AD, CVO, John Pitsonis
11 Uncle Max Eulo & Reg Richardson AM
12 Keith Hartman AM & Sarah Murdoch
13 Ken & Antoinette Maurer, Alice Killen
14 Margaret Dunlop, Graham & Gail Rich
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H O N OU R RO L L
Honour Roll
—
Principal Benefactors
Life Patrons
Mr Carlo Salteri AC* & Mrs Roslyn Cameron-Salteri
Mr Andrew & Mrs Mary Beatty
Mr Harold* & Mrs Dorothy* Cornock
Dr Ian & Mrs Melissa Burgess
Mr Alf Moufarrige OAM & Mrs Marian Moufarrige
Mr Robert Clarke & Ms Kylie Virtue
Mr Lachlan & Mrs Sarah Murdoch
Mr Richard & Mrs Sue Croall
Mr James Packer
Mr Travers & Mrs Mary-Anne Duncan
Ms Erica Packer
Mr Robert & Mrs Adriana Gardos
Mr Greg Poche AO & Ms Kay Van Norton
Dr Keith Hartman AM & Mrs Kerry-Anne Hartman
Mr Don & Mrs Julie Priest
Mr Grahame & Mrs Elizabeth Hawkins
Ms Julia Ritchie
Mr Garrick & Mrs Evelyn Hawkins
Ms Ruth Ritchie
Dr Reginald Hession AM
Mrs Patricia Ritchie AM*
Dr Brett & Mrs Simone Hines
Mr Les Schirato AM & Mrs Luisa Schirato
Mr Dick & Mrs Rosalind Honan
Mr Garry & Mrs Beverley Tieck
Mr Gregory & Mrs Patricia Karedis
Mr Paul & Mrs Judy Tieck
Mr Frederick Kelly
The Bill & Patricia Ritchie Foundation
Mr Richard & Mrs Shirley Kelly
The Mill House Foundation
Mr Nick & Mrs Nicole Kurtis
Mater Lives Committee
Miss Dorothy McHugh OAM
Mr Galfrid (Tig)* & Mrs Patricia Melville
Mr Jim & Mrs Jo Miller
Mr Alexander* & Mrs Margaret* Morrison
Mr Kerr & Mrs Judith Neilson
Neilson Foundation Pty Ltd
Mr Robert Parsonage & Mrs Sandra Parsonage AM
Mr Reg Richardson AM & Mrs Sally Richardson
Mr Bob Rose AM & Mrs Margaret Rose AM
Mr Garry & Mrs Susan Rothwell
Mr Robert & Mrs Kelly Salteri
Mr Paul Salteri AM & Mrs Sandra Salteri
Mr Alex & Mrs Mary Shaw
Mr Richard & Mrs Julie Anne Small
Mr Gary & Mrs Mary Smoker
Mr Anton Tagliaferro
Mrs Katharina Tagliaferro
Tenix Pty Ltd
Mr Leigh & Mrs Jenny Virtue
Mr Anthony & Mrs Rosemary Wehby
Mr Robert White AO & Mrs Janice White*
Mr Geoff C Wild AM & Mrs Barbara Wild
W.M Ritchie (Aust) Pty Ltd.
* Deceased
25
Gold Friends
Mr Andrew & Mrs Sarah Rennie
Mr Andrew & Mrs Dominique Robinson
Mr John Barnes & Ms Joy Mackay
Mr John & Mrs Kathie Thom
Mr Nicholas Curtis AM & Mrs Angela Curtis
Mr Tony & Mrs Gai Wales
Mr Robert* & Mrs Margaret Dunlop & Family
Mr Chad & Mrs Camille Walker
Mr Jeremy Ellis AO & Mrs Ann Ellis
Dr William & Mrs Eve Walter
Mr David & Mrs Allison Hansen
Companions
Mr Tony Hodgson AM & Mrs Judy Hodgson
Mr Charles & Mrs Rachel Kelly
Mr Grant & Mrs Jennifer King
Mr Peter McGovern AM & Mrs Jan McGovern
Mr John Messara AM & Mrs Kristine Messara
Mr Barrie & Mrs Emma Nesbitt
Mr Paul Robertson AM & Mrs Lenore Robertson
Mr David & Mrs Carla Schmidt
Mr Ashely & Mrs Aveen Stephenson
Silver Friends
Mr Kelvin Andrews & Mrs Evy Claessen-Andrews
Mr Gary & Mrs Lyn Avis
Mr Rob & Mrs Mary Baulderstone
Mrs Henrietta Biancardi
Ms Susan Boyd
Mr Geoff & Mrs Maureen Boyd-Boland
Prof Fran Boyle AM & Dr Michael Hennessy
Mr Michael & Mrs Lesley Brogan
Mr Stan & Mrs Diane* Brogan
Mr Timothy & Mrs Therese Burnett
Mr John & Mrs Josphine Adams
Mr Cam & Mrs Helen Carter
Mrs Mary Brookes
Mr Paul Castaldi & Ms Kate Cannon
Mr Norman Brunsdon AM & Mrs Ruth Brunsdon
Mr Roger* & Mrs Joan Cichero
Mr Andrew & Mrs Lisette Cochineas
Mr Ivo & Mrs Lindy Clarke
Mr Phillip & Mrs Coreena Cochineas
Mr Robert & Mrs Juliana Clemesha
Dr Robert & Mrs Ligita Cooper
Mr John* & Mrs Helen Clugston
Mr John & Mrs Sarah Croall
Mr Richard Colless AM & Mrs Susan Colless
Mr Geoff & Mrs Dawn Dixon
Mr Michael & Mrs Wilma Costello
Mr Bob & Mrs Bridget Ell
Dr Mervyn Cross OAM & Mrs Virginia Cross
Dr Alan* & Mrs Sarah Ferrier
Cryosite Ltd
Gresham Partners
Mr Steven & Mrs Louise Dadich
Mr Anthony Harrington AM & Mrs Donna Harrington
Mr Justin & Mrs Katherine Davis-Rice
Mr Ian* & Mrs Natalie Hayson
Mr Phil & Mrs Robyn de Gail
Mr Ben & Mrs Natalie Ingham
Mr John & Mrs Helen Denoon
Mr Richard Jenkins & Ms Justine Corbett
Dr Peter Dodds
Mr Sam & Mrs Emma Kelly
Mr Max & Mrs Fiona Donnelly
Mr Will & Mrs Maree Kelly
Mr Denis & Mrs Helen Durham
Dr Adrian & Mrs Louisa Kwok
Mr Denis Jr & Pru Durham
Mr Robert & Mrs Carole Lane
Mr Charles & Courtney Durham
Macquarie Bank Foundation
Mr James Dwyer OAM & Mrs Annie Dwyer
Mr John & Mrs Sally Manning
Mr Dominic & Mrs Elizabeth Emmett
Mr Peter & Mrs Pamela Mattick
Mr Paul & Mrs Catherine Evans
Mr Oliver & Mrs Virginia Mergen
Mr Kym Evans & Ms Nicola Wakefield-Evans
Mr Nicholas & Mrs Helen Moore
Mr Stewart Ewen OAM & Mrs Elizabeth Ewen
Dr Richard & Mrs Dominica O’Reilly
Dr Gordon & Mrs Philippa Fell
Mr Richard & Mrs Donna Pegum
Mr Terry & Mrs Di Ford
Mr John & Mrs Sandra Pope
Mr Graham & Mrs Nancy Fox
* Deceased
26
H O N OU R RO L L
Mr Trevor & Mrs Samantha Franz
Mr Damien & Mrs Josephine O’Brien
Mr Gordon & Mrs Maria Galt
Mr John O’Halloran & Mrs Andrea Nelson-O’Halloran
Mr Tony Garnett OAM & Mrs Mary Garnett
Mr Richard & Mrs Natalie Peake
Mr Ivan Garsia
Mr Stephen & Mrs Barbara Penfold
Mr John & Mrs Patricia Gerahty
Mr William & Mrs Carolyn Phillips
Mr Don & Mrs Vanessa Green
Mr Michael & Mrs Virginia Pieterse
Mr Robert & Mrs Fiona Guth
Mrs Alice Ramsden
Mr John & Mrs Margaret Hargreaves
Mr Graham & Mrs Gail Rich
Mr Richard & Mrs Rosalie Harpham
Mr Barry & Mrs Kaye Richards
Ms Diane Harrison-Bialas
Mr Barry & Mrs Victoria Roberts-Thompson
Mr Reub & Mrs Karen Hayes
Mr David & Mrs Paula Roe
A/Prof Bernard & Mrs Denise Haylen
A/Prof Justin & Mrs Suzanne Roe
Mr John & Mrs Catherine Higgins
Dr Christopher Rogers & Dr Christine Norrie
Mr Derry & Mrs Dimity* Hill
Mr Andrew & Mrs Mary-Lou Ross
Mr Michael Hodgetts AM & Mrs Julia Hodgetts
Mr David & Mrs Sophie Rothery
Mr Peter & Mrs Sandraa Hofbauer
Mrs Maureen Salier
Mr Angus & Mrs Kimberley Holden
Mrs Helen Selle*
Mr Scott & Mrs Anna Hookway
Mr Philip & Mrs Kerrie Schmidt
Mr John & Mrs Irene Hunt
Mr Michael & Mrs Linda Sissian
Dr Michael & Mrs Lucy Izard
A/Prof Andrew Spillane & Ms Melanie Noden
Mr Angus & Mrs Sarah James
Mr Jonathan & Mrs Natasha Stanley
Mr John & Mrs Catherine Keefe
Mr Ian & Mrs Lyn Stephenson
Mr Norm & Mrs Pam Kelso
Mr Nigel Stoke & Ms Jane Recny
Mr Richard & Mrs Geraldine Kennedy
Mr David & Mrs Belinda Storr
Mr Keith & Mrs Maureen Kerridge
A/Prof Jonathan Stretch AM & Mrs Belinda Stretch
Mr Maurice & Mrs Elva Koop
Mr Andrew & Mrs Philippa Tyndale
Mr Guy & Mrs Sue La Mela
Walker Family Foundation
Mr John Landels AC
Ms Thelma Wansley
Mrs Ellen Lo
Mr Peter & Mrs Frances Warne
Mr Colin & Mrs Antoinette Loveday
Mr Michael & Mrs Shirley Warren
Mr Garry & Mrs Donna Lowrey
Mr Peter & Mrs Jill Wedgwood
Mr Graham & Mrs Pamela Lumb
Mr Peter Weir AM & Mrs Wendy Weir
Mr Paul & Mrs Linda Macken
Mr Colin & Mrs Maree Whybourne
Mr Larry Magid & Mrs Bonnie Harris-Magid
Dr James & Mrs Kiki Wilkinson
Mr John Manning
Mr Richard Wilson
The Hon. Sir Anthony Mason AC, KBE, QC &
Lady Patricia Mason
Dr Barry & Mrs Jeanette Wyeth
Mrs Maureen McCabe OAM
Mr Sergio* & Mrs Ursula Zuffo
Mr Tod & Mrs Vickie McGrouther
Friends
Mr Bernard & Mrs Yvonne McMahon
Mr Brian Allen OAM & Mrs Patsy Allen
Mr Arthur & Mrs Kirsten Mitchell
Mr David & Mrs Penny Allott
Mr Henry Mitchell & Ms Georgina Lomax
Mr Peter & Mrs Sarah Allsopp
Dr John & Mrs Belinda Mutton
Dr Stephen & Mrs Tracey Allwright
Mrs Virginia Nelson
Mr Lorance & Mrs Sally Angus
Miss Yvonne Nobbs
Dr John & Mrs Victoria Arnold
Mr Ian & Mrs Pamela McGaw
Mr Robert & Mrs Susan Nugan
* Deceased
27
Mrs Betty Bailey
Mr Jonas & Mrs Michelle Cuschieri
Mrs Glory Bailey
Mrs Maryanne Cuschieri
Mr Graeme & Mrs Susan Bailey
Mr Alex & Mrs Kirsty Dahdah
Mr Peter & Mrs Belinda Barnes
Mr Richard Darke & Ms Susan Ellicott-Darke
Mrs Valerie Barnes
Mr Jason & Mrs Brittany Darling
Mr Christopher Barry QC & Mrs Toni Barry
Mr Iva Davies AM & Mrs Tonia Davies
Mr John* & Mrs Wendy Bates
Mr Richard & Mrs Kim Davis
Mr Douglas & Mrs Alison Battersby
Mr Ian Day & Ms Alexandra Kidd
Mr Richard & Mrs Fiona Beatty
Prof Leigh & Mrs Hilary Delbridge
Mr John Beresford
Mr Paul & Mrs Cathy deMestre
Dr Tushar & Mrs Padmini* Bhuta
Mr John & Mrs Helen Doig
Mr Paul & Mrs Francesca Biancardi
Mr James & Mrs Vanessa Douglas
Mrs Angela Bonnefin
Mr Andrew & Mrs Kylie Dunlop
Mr Anthony & Mrs Glen Bott
Mrs Maryanne Eastaway
Mr Christian Bova & Ms Gemma Cook
Dr Rupert Edwards
Mr John Bowie AM & Mrs Patty Bowie
Mr Russell & Mrs Diane Edwards
Mr Ronald & Mrs Robyn Boys
Mr Tim & Mrs Anneleise Edwards
Dr Meagan Brennan & Dr John Kyriazis
Ms Jennnifer Elliott
Dr Geoffrey Brieger
Mr Reg & Dr Jan Elliott
Mr Peter & Mrs Vicki Brown
Mr Richard Elmslie & Ms Lesley Tilly
Mr Norman & Mrs Jo Brunskill
Mr Grant Elsmore & Ms Rosalind Elsmore-Green
Mr Thomas & Mrs Shirley Cahill
Mr Michael Farrell & Ms Xanthe Virtue
Mr Nicholas & Mrs Rebe Calfas
Mr Robert & Mrs Margaret Farrell
Mr Rocco & Mrs Jennifer Calo
Mr Frank & Mrs Pam* Fentie
Mr Henry & Mrs Joan Calvert
Dr James & Mrs Helen Ferry
Mr Bernard & Mrs Karen Campbell
Ms Carmen Findlay
Mr John & Mrs Jill Carney
Mr Ross Finley
Dr Gabrielle Casper
Dr Hugh & Mrs Larissa Fleming
Mr John & Mrs Vanessa Castle
Mr Paul Foster & Ms Angela Virtue
Mr Adrian & Mrs Marie Catanzariti
Dr Peter* & Mrs Midge Geddes
Mr Jonathan & Mrs Pamela Chambers
Mr Geoff & Mrs Margaret George
Mr Chris & Mrs Belinda Chard
Mr Jack & Mrs Yasmina Glazenburg
Mr Greg & Mrs Jenny Chard
Mr Seph & Mrs Noni Glew
Mrs Louise Clarke
Mr Stephen Godding & Ms Gwen Walters
Mr John & Mrs Coralie Collins
Dr Colin Goldschmidt
Ms Christine Cooper
Mr Damian & Mrs Fiona Gorman
Dr Glen & Mrs Suzanne Coorey
Mr Richard & Mrs Sarah Granger
Mr Jamie & Mrs Cathy Costello
The Hon Nicholas Greiner AC
Mr Peter & Mrs Carlene Costello
Mr Justin & Mrs Marnie Greiner
Mr Steve & Mrs Connie Costi
Mrs Kathryn Greiner AM
Ms Annabel Crookes & Mr Tim Koroknay
Mr Wolfgang Grimm AM & Ms Bovornporn Lorchaiwet
Mr Richard Crookes & Mrs Lynne Crookes OAM
Mr Mathew & Mrs Kimberley Grounds
Mr Daniel & Mrs Helen Culbert
Mr James Hamilton & Dr Diana Robinson
Mr Bernard & Mrs Georgina Curran
Mr Peter & Mrs Christine Hamilton
Mr Charles & Mrs Ana Curran
Mr John & Mrs Dale Harkness
* Deceased
28
H O N OU R RO L L
Mr Robert Harrington & Ms Barbara Grimm
Mrs Margaret McGuire
Mr David Harris & Ms Tiffany Nugan
Mr Craig & Mrs Annie McInnes
Ms Amanda Hartigan
Mr Ian McIvor AM & Mrs Mayme McIvor
Mr Anthony & Mrs Maryed Hartnell
Mr John & Mrs Frances McNally
Mrs Delphine Harty
Mr William & Mrs Julie-Anne McNamee
Mr Ross & Mrs Janne Hennessy
Mr Simon & Mrs Lisa McSweeney
Mr Richard & Mrs Janice Hill
Mr Paul & Mrs Gráinne Meehan
Mr Kevin & Mrs Lucy Hobgood-Brown
Mr Peter & Mrs Denise Menzies
Mrs Carole Hocking
Dr Michael & Mrs Vivienne Mersiades
Ms Jennifer Hole
Mr Mark & Mrs Rosemary Mezrani
Mr Ross Hopkins
Mr Barry & Mrs Ann Miller
Mr Roger & Mrs Claudia Hudson
Mr Raymond & Mrs Catalina Mitchell
Mr Richard & Mrs Julia Hutchinson
Dr Diana Modesto
Mr Mathew & Mrs Tara James
Mr Chris & Mrs Claudia Muir
Mrs Roslyn James
Mr Steve & Mrs Kim Murnaghan
Mr Timothy & Mrs Nikki James
Ms Barbara Murray
Mrs Claire M Jenkins
Mr Jason & Mrs Danni Murray
Mr Garth & Mrs Libby Jones
Mr Sean & Mrs Andromeda Neal
Mr Peter Keel & Ms Angela Arnold
Miss Caroline Needham SC
Mr David & Mrs Sally Kelly
Mr Michael & Mrs Tina Neil
Mrs Margaret Kemp
Mr Humphrey Nolan & Ms Emma Rossi
Dr Alice Killen & Prof Bruce Robinson AM
Mr Paul & Mrs Mari Notaras
Dr David & Mrs Lynn King
Mr Warren & Mrs Miriam Nutt
Ms Anne Knight
The Hon Barry O’Keefe AM QC* & Mrs Janette O’Keefe
Mr Chris Komor & Ms Diane Grady
Mr Frank & Mrs Lorelle O’Neill
The Hon Justice Francois Kunc & Ms Felicity Rourke
Mr Michael O’Sullivan & Ms Marcia Raheb
Mr Harry & Mrs Carolyn Ledowsky
Mr Niall & Mrs Mary O’Toole
Dr Vinoo & Dr Shashi Lele
Mr Stephen & Mrs Lorraine Padgett
Mr Peter & Mrs Kellie Lenehan
Dr Philip & Mrs Zoe Pasfield
Mr Ben & Mrs Suzanne Lenzer
Mrs Deirdre Perry OAM
Mr Alec Leopold SC & Ms Leanne Norman
Mr Michael & Mrs Colleen Phegan
Mr David B Liddy & Mrs Christine Liddy AO
Mr Ian & Mrs Tori Pollard
Ms Anne Linder
Dr Clare Poon
Mr Geoff & Mrs Clare Loudon
Dr Raoul & Mrs Rebecca Pope
Mr Trent & Mrs Emma Lund
Mr Bob & Mrs Gail Potter
Mr Mathew & Mrs Patricia Lunn
Ms Mimi Prins
Mr Simon & Mrs Georgia MacKinnon
Mr Stephen Promnitz & Ms Ann Messenger
Mr Edward & Mrs Louise Malouf
Ms Louise Raedler-Waterhouse
Mr Christopher & Mrs Jean Manning
Mr Anthony & Mrs Jan Rainsford
Mr Warren & Mrs Margau Marks & Margaretha Daemen
Dr Robert* & Mrs Kate Ravich
Mr Benjamin Martin & Ms Rachel Finney
Mr Graham & Mrs Robyn Reaney
Professor Frank Martin AM & Mrs Moya Martin
Mr Justin Reizes & Ms Louisa Lee
Mr Mark & Mrs Stephanie McCabe
Mr Jason Rich & Ms Catalina Espinosa
Mrs Margaret McCauley
Mr Christopher & Mrs Frances Roberts
Mr Ian & Mrs Debra McGill
Mr Noel & Mrs Margaret Robinson
* Deceased
29
Dr Raymond* & Mrs Pamela* Robinson
Mr Adrian & Mrs Elise Vlaeminck
Mr Simon & Mrs Sarah Robinson
Mr Christopher & Mrs Julie Walker
Mr Simon & Mrs Kristen Rooney
Mr Paul & Mrs Angela Webb
Mr Theo* & Mrs Mary Rossi
Mr Brendan & Mrs Cathy Welsh
Mr Anthony & Mrs Carolyn Royle
Mr Ian & Mrs Susan White
Mr Tom & Mrs Kica Saar
Mr Michael White & Mrs Katherine Ravich
Mr Joseph & Mrs Peggy Sacco
Mr John & Mrs Michelle Wilcox
Mr Christian & Mrs Kate Sanchez
Mr Rex Wild QC & Mrs Lyn Wild
Mr Gerard & Mrs Rebecca Satur
Ms Rosalie Wilkie & Mr Chris Bignold
Ms Gabriella Schirato
Chris & Estelle Wilks
Dr John Schmidt
Mr Ken & Mrs Sue Winterschladen
Mr Simon Scott & Ms Elizabeth Shepherd
Mr Jeremy & Mrs Samantha Wood
Mr Russell & Mrs Sue Scrimshaw
Dr Phillip & Mrs Kathryn Yuile
Mr Peter & Mrs Penelope Sharp
Dr David & Mrs Philippa Shelley Jones
Mr Reg & Mrs Ruth Sherlock
Mrs Gladys Shipton
Mr Fraser & Mrs Allyson Short
Mr Garry & Mrs Lorraine Sladden
Dr Kim & Mrs Lucy Slater
Mr John* & Mrs Veronica Slingo
Mr Warren & Mrs Alicia Spinks
Mr Anthony Springett OAM & Mrs Yvonne Springett
Mr Ashley Stafford & Ms Jessica Irvine
Mr Mark Stanbridge & Ms Roslyn Selley
Mr Damien & Mrs Susan Stenmark
Mr Peter Stiles & Mr Graham O’Donoghoe
Mr Gerald & Mrs Irene Stone
Ms Angie Stricke
Ms Ju Ju Sundin
Dr Steven Tan & Dr Michelle Chen
Mr Michael & Mrs Jacinta Taylor
Mr John & Mrs Jackie Tesoriero
Mr Chrisopher Thomas & Mrs Denise Thomas AM
Mr Richard & Mrs Marlene Thomas
Ms Robyn Treseder
Mr Adrian & Mrs Meg Tudehope
Mr Peter & Mrs Alexandra Tiffin
Mr Terrence & Mrs Colleen Towell
Mr Andrew & Mrs Nan Trahair
Mr Paul & Mrs Lynne Tresidder
Mr John & Mrs Wanda Tripodi
Mr Scott Tynan & Ms Clare Marks
Mr Andrew & Mrs Melanie Vandervord
Mr Geoffrey & Mrs Shaan Verco
* Deceased
30
F I N ANC I AL S
Financials
—
The Friends of the Mater Foundation
ABN 22 310 160 668
Special purpose annual report
for the year ended 30 June 2015
Statement of profit or loss and other comprehensive income
32
Statement of financial position
33
Statement of changes in equity
34
Statement of cash flows
35
Notes to the financial statements
36
Trustees’ declaration
43
Auditor’s independence declaration
44
Independent auditor’s report to the members
45
This financial report covers the financial statements
of The Friends of the Mater Foundation.
The Friends of the Mater Foundation is a Foundation.
Its registered office and principal place of business is:
The Friends of the Mater Foundation
Rocklands Road
North Sydney NSW 2065
The nature of the Foundation’s operations and its principal
activities are in accordance with the Trust Purposes in the
Trust Deed dated 30 June 1999.
The financial report was authorised for issue by
the trustees on 19 October 2015. The Foundation has
the power to amend and reissue the financial report.
31
STATEMENT OF PROFIT OR LOSS AND
OTHER COMPREHENSIVE INCOME
For the year ended 30 June 2015
NOTE
Revenue
2
Other expenses
Functions
3
Surplus for the year prior to grant distribution
Grants to the Mater Hospital
16
Net surplus/(deficit) for the year
2015 $
2014 $
1,453,655
2,069,391
(8,985)
(2,223)
(8,683)
(17,948)
1,435,987
2,049,220
(4,005,482)
(1,196,170)
(2,569,495)
853,050
(123,434)
196,927
(123,434)
196,927
(2,692,929)
1,049,977
(2,569,495)
853,050
(2,692,929)
1,049,977
Other comprehensive income
Changes in the fair value of available‑for‑sale
financial assets
Total other comprehensive income/(loss)
for the year, net of tax
Total comprehensive income/(loss) for the year
9(a)
Surplus/(deficit) is attributable to:
Trustees of The Friends of the Mater Foundation
Total comprehensive income/(loss)
for the year is attributable to:
Trustees of The Friends of the Mater Foundation
The above statement of profit or loss and other comprehensive income should be read in
conjunction with the accompanying notes.
32
F I N ANC I AL S
STATEMENT OF
FINANCIAL POSITION
As at 30 June 2015
NOTE
2015 $
2014 $
ASSETS
CURRENT ASSETS
Cash and cash equivalents
4
300,581
1,606,878
Other receivables
5
206,533
119,434
Term deposits
6
2,027,490
4,377,787
2,534,604
6,104,099
Total Current Assets
NON-CURRENT ASSETS
Available-for-sale financial assets
3,797,864
2,921,298
Total Non-Current Assets
7
3,797,864
2,921,298
Total Assets
6,332,468
9,025,397
-
-
6,332,468
9,025,397
10
10
Total Liabilities
Net Assets
EQUITY
Settlement of trust
8
Reserve
9(a)
309,943
433,377
Retained surplus
9(b)
6,022,515
8,592,010
6,332,468
9,025,397
Total Equity
The above statement of financial position should be read in conjunction with the accompanying notes.
33
STATEMENT OF
CHANGES IN EQUITY
NOTES
Balance at 1 July 2013
CONTRIBUTED
EQUITY
RESERVES
RETAINED
SURPLUS
TOTAL
10
236,450
7,738,960
7,975,420
-
-
853,050
853,050
-
196,927
-
196,927
-
196,927
853,050
1,049,977
10
433,377
8,592,010
9,025,397
Comprehensive income
Surplus for the year
Available‑for‑sale
financial assets
9(a)
Total comprehensive
income for the year
Balance at 1 July 2014
Comprehensive income
Loss for the year
9(b)
-
-
(2,569,495)
(2,569,495)
Available‑for‑sale financial
assets
9(a)
-
(123,434)
-
(123,434)
-
(123,434)
(2,569,495)
(2,692,929)
10
309,943
6,022,515
6,332,468
Total comprehensive
loss for the year
Balance at 30 June 2015
The above statement of changes in equity should be read in conjunction with the accompanying notes.
34
F I N ANC I AL S
STATEMENT OF
CASH FLOWS
NOTE
2015 $
2014 $
1,077,082
1,605,107
(4,005,482)
(1,196,170)
(17,668)
(20,171)
16,778
15,680
(2,929,290)
404,446
156,034
83,777
Cash flows from operating activities
Donations received
Grants paid to the Mater Hospital
16
Payments to suppliers and employees
Interest received
Net cash inflow/(outflow)
from operating activities
14
Cash flows from investing activities
Distributions from financial assets
Franking credits refunded
Proceeds from term deposits
Change in term deposit terms
Purchase of financial assets
-
90,203
4,466,959
808,261
-
1,003,294
(3,000,000)
(1,200,000)
Net cash inflow from investing activities
1,622,993
785,535
Net increase/(decrease) in cash held
(1,306,297)
1,189,981
1,606,878
416,897
300,581
1,606,878
Cash and cash equivalents at the beginning of
financial year
Cash and cash equivalents
at end of financial year
4
The above statement of cash flows should be read in conjunction with the accompanying notes.
35
CONTENTS OF THE NOTES
TO THE FINANCIAL STATEMENTS
1. Summary of significant accounting policies
(A) BASIS OF PREPARATION
In the trustees’ opinion, the Foundation is not a reporting entity because there are no users dependent
on general purpose financial reports, and the users of this report are able to command the preparation
of reports tailored to satisfy all of their reporting needs.
This is a special purpose financial report that has been prepared for the purpose of complying with
the Australian Charities and Not-for-Profits Commission Act 2012 and the Trust Deed requirements
to prepare and distribute a financial report to the members. The trustees have determined that the
accounting policies adopted are appropriate to meet the needs of the members.
The financial report has been prepared in accordance with the recognition and measurement
requirements specified by all Australian Accounting Standards and Interpretations, and the disclosure
requirements of Accounting Standards AASB 101 Presentation of Financial Statements, AASB 107
Statement of Cash Flows, AASB 108 Accounting Policies, Changes in Accounting Estimates and
Errors, AASB 1031 Materiality and AASB 1054 Australian Additional Disclosures.
The financial report is prepared in accordance with the historical cost convention as modified by
the revaluation of available‑for‑sale financial assets. Unless otherwise stated, the accounting policies
adopted are consistent with those of the previous year. Comparative information is reclassified where
appropriate to enhance comparability.
The financial report has been prepared on a going concern basis.
(B) REVENUE RECOGNITION
(i) Donations and fundraising
Donations and fundraising are received on a cash basis and immediately recognised as income.
(ii) I nterest income
Interest income is recognised as it accrues.
(C) INCOME TAX
The Foundation is exempt from income tax under the provisions of Section 50‑30 of the Income Tax
Assessment Act 1997.
(D) CASH AND CASH EQUIVALENTS
Cash and cash equivalents in the balance sheet comprise cash at bank and in hand and short‑term
deposits with an original maturity of three months or less that are readily convertible to known amounts
of cash and which are subject to an insignificant risk of changes in value.
(E) INVESTMENTS
Classification
The Foundation classifies its investments in the following categories: loans and receivables and
available‑for‑sale investments. The classification depends on the purpose for which the investments
were acquired. Management determines the classification of its investments at initial recognition.
(i) Loans and receivables
Loans and receivables are non‑derivative financial assets with fixed or determinable payments that
are not quoted in an active market. They are included in current assets, except for those with
maturities greater than 12 months after the reporting date which are classified as non‑current assets.
36
F I N ANC I AL S
(ii) Available‑for‑sale financial assets
Available‑for‑sale financial assets, comprising principally marketable equity securities,
are non‑derivatives that are either designated in this category or not classified in any
of the other categories. They are included in non‑current assets unless management intends
to dispose of the investment within 12 months of the reporting date. Investments are designated
as available‑for‑sale if they do not have fixed maturities and fixed or determinable payments and
management intends to hold them for the medium to long term.
Recognition and derecognition
Regular purchases and sales of financial assets are recognised on trade date ‑ the date on which
the Foundation commits to purchase or sell the asset. Investments are initially recognised at fair value
plus transaction costs for all financial assets not carried at fair value through profit or loss. Financial
assets carried at fair value through profit or loss are initially recognised at fair value and transaction costs
are expensed in the income statement. Financial assets are derecognised when the rights to receive
cash flows from the financial assets have expired or have been transferred and the Foundation has
transferred substantially all the risks and rewards of ownership.
When securities classified as available‑for‑sale are sold, the accumulated fair value adjustments
recognised in equity are included in the income statement as gains and losses from investment
securities.
Subsequent measurement
Loans and receivables are carried at amortised cost using the effective interest method.
Available‑for‑sale financial assets are subsequently carried at fair value.
Changes in the fair value of other monetary and non‑monetary securities classified as available‑for‑sale
are recognised in equity.
Impairment
The Foundation assesses at each balance date whether there is objective evidence that a financial asset
or group of financial assets is impaired. In the case of equity securities classified as available‑for‑sale,
a significant or prolonged decline in the fair value of a security below its cost is considered as an
indicator that the securities are impaired. If any such evidence exists for available‑for‑sale financial assets,
the cumulative loss ‑ measured as the difference between the acquisition cost and the current fair value,
less any impairment loss on that financial asset previously recognised in profit or loss ‑ is removed from
equity and recognised in the income statement. Impairment losses recognised in the income statement
on equity instruments classified as available‑for‑sale are not reversed through the income statement.
2. Revenue
Donations
2015 $
2014 $
1,106,414
1,573,349
Interest income
133,441
223,294
Distributions from Managed Funds
184,635
162,318
Franking credits
Total revenue
29,165
110,430
1,453,655
2,069,391
During the 2009 financial year, an Agency Fundraising Agreement was established between Friends
of the Mater Limited (FOML) and St Vincents & Mater Health Sydney Limited (SV&MHS) for the purpose
of the solicitation and receipt of donations from Prescribed Private Funds (PPFs) [now known as Private
Ancillary Funds (PAFs)] for and on behalf of SV&MHS, being donations for the exclusive benefit of the
Mater Hospital. A total of $672,686 was received from PAFs during the financial year. These donations
are not included within The Friends of the Mater Foundation’s accounts.
37
3. Expenses
During the 2015 financial year, the Foundation incurred Function costs of $8,683. These costs
were sponsored by way of donations given to the Foundation for the specific purpose of covering
the costs of the function.
4. Cash and cash equivalents
Cash at bank and in hand
2015 $
2014 $
300,581
603,584
Term deposit
-
1,003,294
300,581
1,606,878
2015 $
2014 $
-
20,666
107,141
78,541
Franking Credits receivable
49,392
20,227
St Vincents Curran Foundation receivable
50,000
-
206,533
119,434
2015 $
2014 $
2,027,490
4,377,787
5. Other receivables
Mater Hospital receivable
Managed Funds receivable
6. Term deposits
Term deposits
These term deposits have an original maturity of more than three months.
38
F I N ANC I AL S
7. Available‑for‑sale financial assets
2015 $
2014 $
At beginning of year
2,921,298
2,643,162
Additional funds invested
1,000,000
-
-
81,209
Gain/(loss) on revaluation
(123,434)
196,927
At end of year
3,797,864
2,921,298
2015 No.
2014 No.
2,808,655
2,094,421
Distributions reinvested
Managed Funds units
The Foundation holds units in an unlisted unit trust managed by Kaplan Funds Management.
Impairment and risk exposure
The maximum exposure to credit risk at the reporting date is the fair value of the unit trust
units classified as available‑for‑sale.
All available‑for‑sale financial assets are denominated in Australian currency.
8. Equity
Settlement of trust
2015 $
2014 $
10
10
39
9. Reserve and retained surplus
2015 $
2014 $
309,943
433,377
(a) Available‑for‑sale investments revaluation reserve
Available‑for‑sale investments revaluation reserve
Movements:
Available‑for‑sale investments revaluation reserve
Balance 1 July
Gain/(loss) on revaluation
Balance 30 June
433,377
236,450
(123,434)
196,927
309,943
433,377
8,592,010
7,738,960
(b) Retained surplus
Movements in retained surplus were as follows:
Balance 1 July
(2,569,495)
853,050
6,022,515
8,592,010
Balance 30 June
10. Contingencies
There are no contingent liabilities at balance date, not otherwise provided for in this financial report.
11. Commitments
2015 $
2014 $
450,235
298,966
The Friends of the Mater Foundation has granted but
not paid the following amounts to the Mater Hospital:
Grants
12. Related party transactions
There are no related parties transactions and balances at balance date, not otherwise provided
for in these financial statements.
13. Events occurring after the balance sheet date
No events have occurred between balance date and signing of the annual report
that warrant separate reporting.
40
F I N ANC I AL S
14. R
econciliation of net surplus/(deficit) for the year
to net cash inflow from operating activities
2015 $
2014 $
(2,569,495)
853,050
Kaplan funds management distributions
(184,635)
(162,318)
Term deposit interest
(116,662)
(207,613)
(29,165)
(110,430)
(29,333)
31,757
(2,929,290)
404,446
Cash flows excluded from profit attributable
to operating activities:
Franking credits
Changes in assets and liabilities:
(Increase)/Decrease in other debtors
Net cash inflow/(outflow) from operating activities
15. Deductible Gift Recipient (DGR)
Under the Income Tax Assessment Regulations 1997, Prescribed Private Funds (PPFs) [now known
as Private Ancillary Funds (PAFs)] are only permitted to make donations to recipients, which are
endorsed as a DGR under Item 1 of the table in s 30‑15 of the Income Tax Assessment Act (ITAA) 1997.
The Friends of the Mater Foundation is endorsed as a DGR under Item 2 of the table in s 30‑15 of
the ITAA 1997.
16. Grants to the Mater Hospital
2015 $
Grants to the Mater Hospital
2014 $
4,005,482
1,196,170
4,005,482
1,196,170
In accordance with the Agency Fundraising Agreement (refer Note 2), grants of $441,791 were
made in the financial year to the Mater Hospital which is not included within The Friends of
the Mater Foundation’s accounts.
During the 2015 financial year, the Foundation granted a total of $3,728,243 to the Mater Hospital
in support of the Special Care Nursery project.
41
17. Mater Hospital, North Sydney
The Friends of the Mater Foundation’s primary purpose is the raising of funds for the benefit and
assistance of the Mater Hospital (the “Hospital”). The Foundation with its own board, membership,
management and rules is independent of the Hospital.
The operating costs of The Friends of the Mater Foundation are met by SV&MHS in lieu of the interest
on a substantial donation made to the Mater Hospital by a Friend of the Mater.
All grants received by the Hospital from the Foundation are applied to nominated projects.
Notwithstanding their close and special relationship, the trustees believe that the Foundation
is not a related or associated entity for the purposes of these financial statements.
42
F I N ANC I AL S
TRUSTEES’ DECLARATION
30 June 2015
As stated in Note 1(a) to the financial statements, in the trustees’ opinion, the Foundation is not a
reporting entity as defined in the Australian Accounting Standards.
In accordance with a resolution of the trustees’ of The Friends of the Mater Foundation, the trustees’
declare that:
1. The financial statements and notes, as set out on pages 2 to 11, are in accordance with the Trust
Deed and the Australian Charities and Not-for-Profits Commission Act 2012 and:
a. c
omply with the Accounting Standards applicable to the Foundation and the Australian Charities
and Not-for-Profits Commission Regulations 2013; and
b. give a true and fair view of the financial position of the Foundation as at 30 June 2015 and of its
performance for the year ended on that date in accordance with the accounting policies
described in Note 1 to the financial statements.
2. In the trustees’ opinion there are reasonable grounds to believe that the Foundation will be able to
pay its debts as and when they become due and payable.
This declaration is made in accordance with a resolution of the trustees.
Dr Keith Hartman
CHAIRMAN
Dr Alice Killen
TRUSTEE AND SECRETARY
Sydney, 19 October 2015
43
44
45
46
F I N ANC I AL S
Financials
—
Friends of the Mater Limited
ABN 76 088 321 260
Special purpose annual report
for the year ended 30 June 2015
47
DIRECTORS’ REPORT
The directors present their report on Friends of the Mater Limited for the financial year
ended 30 June 2015.
Directors
The names of each person who has been a director during the year and to the date of this report are:
Dr Keith Hartman, Chairman
Dr Alice Killen, Secretary
Mr Andrew Beatty
Ms Greta Thomas
Mr Graham Joseph Rich
Dr Katherine Ellard
Mr Reginald Richardson
Mr Rex Hoeben
Mr Mark Lochtenberg (Appointed 17th August 2015)
Directors have been in office since the start of the financial year to the date of this report unless
otherwise stated.
Principal activities
The Company continues to carry out its activities as Trustee for The Friends of the Mater Foundation in
accordance with the Trust Purposes in the Trust Deed dated 30 June 1999, including the making of
grants to the Mater Hospital for building works, medical research, improvement or maintenance of
patient care facilities, lease or purchase of equipment and establishing new programs.
Objectives and strategy
The Company acts as trustee for The Friends of the Mater Foundation.
The objectives and strategies of the Company are pursuant to Trust Deed. The trust purposes include,
but are not limited to, the provision of grants to the Mater Hospital for the following;
•building works, renovations and demolitions in relation to property owned or leased
by the Mater Hospital;
•
medical research and scholarships associated with the Mater Hospital;
•
purchases or leases of equipment by the Mater Hospital;
•
assisting in the maintenance and/ or improvement of patient care facilities; and
•
the establishment of new programs in relation to the Mater Hospital.
Not‑for‑profit
The Company is a not‑for‑profit organisation.
Review of operations
A summary of results is set out below:
Result for the year
48
2015 $
2014 $
-
-
F I N ANC I AL S
Meetings of directors
During the financial year, 4 meetings of directors were held. Attendances by each director were
as follows:
Board Meetings
Number of meetings held
while a member
Number of meetings
attended
4
4
4
4
4
4
4
4
0
4
4
3
4
4
3
4
4
0
Dr Keith Hartman (Chairman)
Dr Alice Killen, Secretary
Mr Andrew Beatty
Ms Greta Thomas
Mr Graham Joseph Rich
Dr Katherine Ellard
Mr Reginald Richardson
Mr Rex Hoeben
Mark Lochtenberg
Indemnification of directors and officers
During the financial year the Company has indemnified and made all relevant agreements to indemnify
directors and officers of the Company against a liability incurred as such as an officer. In addition, the
Company has paid, or agreed to pay, a premium in respect of a contract insuring against a liability
incurred by a director or officer.
Auditor’s independence declaration
A copy of the auditor’s independence declaration as required under section 307C of the Corporations
Act 2001 is set out on page 50.
Auditor
Ernst & Young is the auditor in accordance with section 327 of the Corporations Act 2001.
Signed in accordance with a resolution of the Board of Directors.
Dr Keith Hartman
CHAIRMAN
Dr Alice Killen
49
50
F I N ANC I AL S
Financials
—
The Friends of the Mater Limited
ABN 76 088 321 260
Financial report
Statement of comprehensive income
52
Statement of financial position
52
Statement of changes in equity
53
Statement of cash flows
53
Notes to the financial statements
55
Directors’ declaration
56
Independent auditor’s report to the members
57
This financial report covers the financial statements
of Friends of the Mater Limited.
Friends of the Mater Limited is a company limited
by guarantee, incorporated and domiciled in Australia.
Its registered office and principal place of business is:
Friends of the Mater Limited
Rocklands Road
A description of the nature of the company’s
operations and its principal activities is included
in the directors’ report on pages 1 2, which are
not part of this financial report.
The financial report was authorised for issue by
the directors on 19 October 2015. The company has
the power to amend and reissue the financial report.
51
STATEMENT OF PROFIT OR LOSS AND
OTHER COMPREHENSIVE INCOME
Profit for the year
2015 $
2014 $
-
-
Other comprehensive income
-
-
Total comprehensive income
-
-
The above statement of profit or loss and comprehensive income should be read in conjunction with
the accompanying notes.
STATEMENT OF
FINANCIAL POSITION
As at 30 June 2015
Total assets
2015 $
2014 $
-
-
Total liabilities
-
-
Net assets
-
-
Total equity
-
-
The above statement of financial position should be read in conjunction with the accompanying notes.
52
F I N ANC I AL S
STATEMENT OF
CHANGES IN EQUITY
Total equity at the beginning of the financial year
2015 $
2014 $
-
-
Total comprehensive income
-
-
Total equity at the end of the financial year
-
-
The above statement of changes in equity should be read in conjunction with the accompanying notes.
STATEMENT OF
CASH FLOWS
2015 $
2014 $
Net cash inflow from investing activities
-
-
Net cash inflow from financing activities
-
-
Net increase in cash and cash equivalents
-
-
Cash and cash equivalents at the beginning of the year
-
-
Cash and cash equivalents at end of year
-
-
The above statement of cash flows should be read in conjunction with the accompanying notes.
53
NOTES TO THE FINANCIAL STATEMENTS
1. Summary of significant accounting policies
(A) BASIS OF PREPARATION
In the directors’ opinion, the Company is not a reporting entity because there are no users dependent
on general purpose financial reports, and the users of this report are able to command the preparation
of reports tailored to satisfy all of their reporting needs.
This is a special purpose financial report that has been prepared for the sole purpose of complying with
the Corporations Act 2001 requirements to prepare and distribute a financial report to the members and
must not be used for any other purpose. The directors have determined that the accounting policies
adopted are appropriate to meet the needs of the members.
The financial report has been prepared in accordance with the Corporations Act 2001, the Australian
Charities and Not-for-Profits Commission Act 2012, the recognition and measurement requirements
specified by all Australian Accounting Standards and Interpretations, and the disclosure requirements
of Accounting Standards AASB 101 Presentation of Financial Statements, AASB 107 Statement of Cash
Flows and AASB 108 Accounting Policies, Changes in Accounting Estimates and Errors, AASB 1031
Materiality and AASB 1054 Australian Additional Disclosures.
The financial report is prepared in accordance with the historical cost convention. Unless otherwise
stated, the accounting policies adopted are consistent with those of the previous year. Comparative
information is reclassified where appropriate to enhance comparability.
The financial report has been prepared on a going concern basis.
2 .Trust Accounts
The Friends of the Mater Foundation held the following assets and liabilities
as at 30 June 2015 and 2014:
2015 $
2014 $
Cash assets:
300,581
1,606,878
Receivables
206,533
119,434
Term deposits
2,027,490
4,377,787
Total current assets
2,534,604
6,104,099
3,797,864
2,921,298
Current assets
Non-Current assets
Investments
Total non-current assets
3,797,864
2,921,298
Total assets
6,332,468
9,025,397
-
-
6,332,468
9,025,397
Current liabilities
Total liabilities
Net assets
54
F I N ANC I AL S
3. Members’ guarantee
2015 No.
2014 No.
9
8
The Company is limited by guarantee. If the Company is
wound up, the constitution states that each member is
required to contribute a maximum of $10 each towards
meeting any outstanding obligations of the Company.
Number of members
4. Trustee status
The Company acts as Trustee for The Friends of the Mater Foundation.
The sole beneficiary of the Foundation is the Mater Hospital, North Sydney, New South Wales.
5. Operating expenditure
The operating costs of The Friends of the Mater Foundation are met by St Vincents and Mater
Health Sydney Limited in lieu of the interest on a substantial donation made to the Mater Hospital
by a Friend of the Mater.
55
DIRECTORS’ DECLARATION
As stated in Note 1(a) to the financial statements, in the directors’ opinion, the Company
is not a reporting entity as defined in the Australian Accounting Standards.
In accordance with a resolution of the directors of Friends of the Mater Limited, the directors
declare that:
(a) T
he financial statements and notes of the Company are in accordance with the Corporations
Act 2001 and the Australian Charities and Not-for-Profits Commission Act 2012, including:
(i) giving a true and fair view of the Company’s financial position as at 30 June 2015 and
of its performance for the year ended on that date; and
(ii) complying with Australian Accounting Standards to the extent described in Note 1 to
the financial statements and complying with the Corporations Regulations 2001 and
the Australian Charities and Not-for-Profits Commission Regulation 2013.
(b) In the directors’ opinion there are reasonable grounds to believe that the company will
be able to pay its debts as and when they become due and payable.
This declaration is made in accordance with a resolution of the Board of Directors.
Dr Keith Hartman
CHAIRMAN
Dr Alice Killen
56
F I N ANC I AL S
57
58
Thank you
—
The Friends of the Mater Foundation is grateful
for the provision of services and sponsorship
throughout the year.
59
Contact Us
—
Friends of the Mater Foundation
PO Box 958
Phone: (02) 9900 7398
Fax: (02) 9954 7648
www.thefriendsofthemater.com.au
T H E F R I E N D S O F T H E M ATE R . CO M . AU

annual report 2015 - The Friends of the Mater Foundation

Transcription

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