2018 IMPACT OF GIVING REPORT

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THE IMPACT OF YOUR GIVING 2018


PRINCIPAL’S PERSPECTIVE

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FROM THE CHAIR

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2018 GIVING IN ACTION

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FOUNDATION BOARD MEMBERS

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EVENTS

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CREATIVE EDUCATION

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THE AUSTRALIAN RURAL AND REGIONAL SCHOLARSHIP

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THE RUSSELL DRYSDALE SCHOLARSHIP FOR VISUAL ARTS

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HARTLEY MITCHELL SCHOLARSHIP

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GORDON MOFFATT SCHOLARSHIP

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BIDDLECOMBE SOCIETY

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REMEMBERING MICHAEL COLLINS PERSSE AND NEIL ROBERTSON

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ANNUAL GIVING

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FINANCIAL SUMMARY

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GEELONG GRAMMAR FOUNDATION MEMBERS

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2018 DONORS

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EXECUTIVE DIRECTOR - WHAT’S NEXT?

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Geelong Grammar Foundation

Celebrating the impact of your generosity...

50 Biddlecombe Avenue, Corio Victoria 3214 Australia T + 61 3 5273 9349 E foundation@ggs.vic.edu.au www.ggs.vic.edu.au

Front cover: The Russell Drysdale Scholarship for Visual Arts recipient Tillie Pridham (Yr12 Cl).

CRICOS 00143G ABN 56 005 211 076


O PRINCIPAL’S

Perspective

ur students today are supported in their access to an exceptional education because of the enduring generosity of our School community; a community that believes in the influence of education as a transformational strength. In 2018, thanks to the support of this community, we showed our belief in such transformation, increasing our Biddlecombe Society membership by 20, and exceeding our Annual Giving target of $250,000 in 250 days. The campaign raised over $300,000 to support scholarships and a range of other programmes, such as the Library Fund. This was a history-making campaign for GGS. In 2019, we aspire to achieve so much more and enjoy another milestone; one that celebrates our School’s renewed commitment to our rural and regional communities. It is a delight to announce that we are embarking on an exciting new initiative – our inaugural GGS Giving Day (which replaces our usual Annual Giving Programme for 2019). The GGS Giving Day is a contemporary fundraising strategy to bolster our culture of giving, increase participation from our community and of course, raise vital funds to benefit students from remote, rural and regional areas. On Wednesday 12 June 2019, for one day only, we will unite as a community to support our new Australian Rural and Regional Scholarship. Thanks to the benevolence of our matched donors, every donation made will be doubled. These efforts will enable a student who could not otherwise afford a GGS education to commence with us in 2021. Advancing our reach through scholarships such as this is only possible due to the encouragement and magnanimity of our Old Geelong Grammarians. I pay tribute to OGG and current and past parent Roderic O’Connor (P’74), along with OGG Fiona Ratcliffe (Je’77); thanks to their work with our Advancement Team, we are already half way to reaching our minimum target of $800,000; $2M will provide a full scholarship in perpetuity.

to his prodigious altruism, was augmented by the Geelong Grammar Foundation and our School Council. Thanks to these three equal partners we are well positioned to engage staff to resource our Centre for Creative Education, continue research, and develop curriculum. Creative Education brings together the sciences of creativity and learning with the art of teaching, to build capacity across the interlinked and enterprising skills of collaboration, critical thinking, problem solving and problem posing. It is also about nurturing the energising attitudes for creativity, such as courage, imagination and curiosity. In January 2019, two Creative Education Collaborators commenced their work supporting our four campuses by assisting teachers to integrate the aforementioned skills and attitudes into curriculum planning and teaching practice. We have also appointed a Senior Researcher and Research Assistant. As a Strategic Pillar of our School, Creative Education enables students to navigate increasing change and complexity with greater confidence. Coupled with Positive Education’s nurturing of staff and students’ wellbeing and life skills, Creative Education cultivates our community’s collaborative, cognitive and academic capacities. It is ultimately an investment in teachers’ professional learning and development. It is about supporting educators to equip our learners in their quest to shape an exceptional future. Such a quest is born of the same vision and zeal that established Timbertop and coeducation at GGS. We’re indeed blessed to belong to a living and learning community that was founded upon an aspirational and progressive mindset. I thank all donors and the Foundation Board for their commitment to not only continue but to strengthen our transformational quest! Yours in enabling opportunities, Rebecca Cody Principal

OGGs’ philanthropic leadership is a stand out quality of our School that was again modelled exemplarily by Ian Darling AO (P’79) in 2018. At Speech Day we announced a further investment in Creative Education across the next three years. This investment, made possible due

THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION

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O From the CHAIR

ur Foundation enjoyed an exceptional year in 2018 and I would like to extend my heartfelt thanks to our community of generous donors. In 2018, we welcomed new Foundation Board members Andrew Cochrane (Past Parent) and Charles Henry (FB’67). We mourned the loss of Neil Robertson (FB’72), Board member and Chair of the Biddlecombe Society, and Michael Collins Persse, President of the Biddlecombe Society. We launched the Tommy Garnett Scholarship, with the inaugural recipient commencing in Year 9 in 2019. We celebrated the biennial Geelong Grammar School and Geelong Grammar Foundation Black Tie Dinner, awarding the Medal for Service to Society to Professor Glen LiddellMola (P’64) for his work in obstetrics and gynaecology in Papua New Guinea. On Speech Day, we held the inaugural Scholarship Recipient and Benefactor morning tea, with Year 12 scholarship recipients and their families celebrating their academic journey with the donors of their scholarships. It was a moving and gratifying occasion for all involved, and I hope it will continue and expand in years to come. The priorities of the Foundation continue to be attracting funds for scholarships, bequests, buildings and other special projects approved by the Council. In 2018, the Foundation provided 53 scholarships, including awarding the Gordon Moffatt Scholarship for the first time and establishing the Handbury Family Scholarship. I believe passionately in the importance of scholarships. They are essential for the continuing diversity of our school. They provide life-changing opportunities for children whose families could not otherwise afford a Geelong Grammar School education and we can be proud of the contribution that the Foundation, through the generosity of its members, makes to the Scholarship Programme. Membership of the Biddlecombe Society increased to 171 members. The current total of notified bequests is around $18M, with 191 bequestors in total (not all bequestors are members of the Biddlecombe Society). I believe that bequests will be an increasingly important part of the financial support that we provide to our School and urge all members of our community to consider providing a bequest in their Will to the Foundation. I welcome Charlie Sutherland (P’86), new Chair of the Biddlecombe Society, the Society’s joint Presidents,

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Mary Morton (Weatherly, Cl’85) and Bill Ranken (M’73), and acknowledge the strong support given by Garry Pierson, Associate Director of Advancement. Annual Giving achieved a record result of $300,000 under the guidance of the Executive Director of the Foundation, Jo Nitz, and her team. 10 years ago the Foundation provided funding to assist the introduction of the Positive Education programme, which has not only transformed the School but has a growing national and international presence. In 2018, the Foundation, along with the School and a wonderfully generous gift from Ian Darling AO (P’79) and Min Darling, provided funding to support Creative Education, which we believe will be similarly transformational. 2018 saw a difficult year-end for stock markets, and this was reflected in the decline in value of our investments, with a 4% decline in the total assets of the Foundation, from a corpus of $51.3M at the end of 2017 to $49.5M at the end of 2018. A more useful guide to regular income is the investment income which, at $3.8M in 2018, is up 13% year-on-year. Members will appreciate that we must, from time to time, expect some setbacks as markets rise and fall, and that recovery from such setbacks in the past has been excellent. The endowment to the School in 2018 was $2.6M. This figure includes gifts to the Building and Library Funds. The Scholarship Fund sat at $25.6M at the end of 2018, with the Endowment Trust at $23.9M. Total fundraising income for the year was $2.3M. I wish to thank all members of the Foundation Board for their continuing dedication to the work of the Foundation, and particularly acknowledge Will Jones (Cu’73), Chair of the Allocations and Investments Committee, and Charles Henry (FB’67), Chair of the Scholarships Committee. I am very grateful to the Principal, Rebecca Cody, for her unfailing support of the Foundation. Foundation Board membership at the end of 2018 stood at 943 members. I am continually inspired by your extraordinary generosity, which makes possible so much of the fabric of our exceptional school. Thank you very much. Penny McBain Chair, Geelong Grammar Foundation

THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION


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THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION

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↓ FOUNDATION BOARD MEMBERS

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2018 Foundation BOARD MEMBERS

PENNY MCBAIN Chair

WILL JONES (Cu’73) Deputy Chair

JOHN SEVIOR (P’79) Deputy Chair

Mrs McBain is a past parent. She is a member of the School Council, a member of the Nominations Committee, a member of the Audit Finance and Risk Committee and she sits across all Foundation sub-committees. She was a Founding Director of Melbourne IVF and, prior to her retirement, a Consultant Gynaecologist at the Royal Women’s Hospital for 25 years.

Mr Jones is an Old Geelong Grammarian, Chair of the Allocations and Investments Committee and a member of the Scholarships Fundraising Committee. He is a former partner of JBWere and currently serves as non-executive chair of family office PGA Group’s Investment Committee, as a Trustee of the Royal Botanic Gardens Melbourne Trust Fund and as a Director of the Queens Fund Ltd.

Mr Sevior is an Old Geelong Grammarian and a past parent. He is the Founder of Airlie Funds Management which is part of the Magellan Financial Group.

STEPHEN MEEK Principal (Term 1 2018)

SERENA MITCHELL (Mackinnon, Cl’83)

ANDREW MOORE Secretary

MARY MORTON (Weatherly, Cl’85)

Mr Meek was the Principal of Geelong Grammar School from 2004 to Term 1 2018 and is a past parent. He was an ex-officio Board member until March 2018.

Mrs Mitchell is an Old Geelong Grammarian, current parent and a member of the Positive Education Committee and Biddlecombe Society Committee. She is PR and Communications Manager at luxury travel company Abercrombie & Kent.

Mr Moore was Commercial Director of Geelong Grammar School and Company Secretary of Geelong Grammar School and Geelong Grammar Foundation from June 2000 until August 2018.

Mrs Morton is an Old Geelong Grammarian and current parent. She is a member of the Scholarships Fundraising Committee and was President of the Old Geelong Grammarians Association from June 2000 to May 2012. She is on the Marcus Oldham College Foundation Board and is the owner/co-founder of PR and marketing agency, ID Collective.

REBECCA CODY Principal (Term 2 2018 – current) Ms Cody commenced as Principal in April 2018. She was previously Principal of MLC Claremont in Western Australia for eight years, significantly building enrolments and confidence in the School. Prior to MLC, she spent five years as Principal at Woodford House, in New Zealand. Rebecca is a graduate of the University of Tasmania with a Bachelor of Education (First Class Honours).

THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION


↓ FOUNDATION BOARD MEMBERS

SUSANNAH CALVERT-JONES

ANDREW COCHRANE

CHARLES HENRY (FB’67)

JEREMY KIRKWOOD (FB’79)

Ms Calvert-Jones is a current parent. She has a background in fundraising and public relations with the Melbourne and Sydney Arts Festivals and was Managing Director at Stellar Concepts PR and served on the Development Board of the Murdoch Children’s Research Institute for five years.

Mr Cochrane is a past parent of Geelong Grammar School and current member (chair) of the Positive Education Advisory Committee. With a background in design, architecture and sustainable development, he has worked in the property industry for over 20 years and more recently at the intersection of the environment and wellbeing.

Mr Henry is an Old Geelong Grammarian, Chairman of the Scholarships Fundraising Committee and a former Treasurer of the Old Geelong Grammarians. Prior to his retirement he was a Senior Executive with Tupperware Brands Corporation where he held senior positions in Europe, Africa, the United States and Asia. Mr Henry is also involved in other volunteer and charitable activities in Australia and Tanzania.

Mr Kirkwood is an Old Geelong Grammarian and past parent. He is a Principal of Pilot Advisory Group, Chairman of Talisman Mining Ltd, Chairman of Kin Mining NL, Trustee of the R E Ross Trust and former Managing Director of Credit Suisse and Morgan Stanley. He is also Chairman of Council and an ex-officio Board member.

JOANNE NITZ Executive Director

BILL RANKEN (M’72)

DONALD ROBERTSON

NEIL ROBERTSON (FB’72)

Mrs Nitz has over 14 years of experience within educational advancement. In her previous role at Perth College, she launched the Foundation and introduced the inaugural Annual Giving, Bequest and Major Gift programmes. She has completed a Bachelor of Business majoring in Marketing and Public Relations with Distinction, Master of Marketing and a Certificate in Fundraising. Mrs Nitz has been honoured with three Educate Plus fundraising awards. Mrs Nitz commenced on the Board in July 2017.

Mr Ranken was Chairman of the Geelong Grammar Foundation and a member of the School Council until April 2016. He now continues as a Director of the Geelong Grammar Foundation and sits on the Allocations and Investments, Scholarships and Biddlecombe Society Committees. He is a Trustee of The William Angliss Charitable Fund. He has 35 years of experience in the financial services industry and previously was a stockbroker at JBWere and Goldman Sachs JBWere.

Associate Professor Robertson is a past parent. He is a Consultant Radiologist and Director of Interventional Radiology at University Hospital Geelong and a director of the Barwon Health Foundation.

Mr Robertson was an Old Geelong Grammarian; he was Chair of the Biddlecombe Society and a member of the Scholarships Fundraising Committee. Mr Robertson was a Foundation Board member until he passed away on 5 September 2018.

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↓ EVENTS

Senior School Musical - Disney’s Beauty and the Beast

Principal, Rebecca Cody, hosted Geelong Grammar Foundation members and donors at the opening night of the Senior School Musical, Disney’s Beauty and the Beast, on Thursday 9 August 2018. The pre-show function was to thank guests for the generous donations to help bring the School for Performing and Creative Education (SPACE) to life.

Scholarship Recipient and Benefactor Morning Tea

The Advancement Office was delighted to organise the inaugural Scholarship Recipient and Benefactor morning tea in the Morris Room on Sunday 21 October 2018 before the Speech Day formalities at Corio Campus. The special morning tea provided an opportunity for the benefactors of named scholarships to meet with their Year 12 scholarship recipient.

10 Years of Positive Education and the opening of the Handbury Centre for Wellbeing.

Rebecca Cody, hosted Geoff, Paddy (M’72) and Helen Handbury (Godfrey, He’73), at her home for lunch. The generosity of Geoff and the late Helen Handbury (Murdoch, Clyde’46), made it possible for the Handbury Centre for Wellbeing to be built and the vision of Positive Education to come to fruition. Geoff was presented with a wonderful framed action photo of the Handbury Centre.

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1. Jeremy Kirkwood (Council Chair, FB’79), Charlie Scudamore (Vice Principal), Rebecca Cody (Principal), Paddy Handbury (M’72) and Justin Robinson (Institute of Positive Education Director)

2. Jeremy Kirkwood (Council Chair, FB’79), Penny McBain (Chair of the Geelong Grammar Foundation) and Rebecca Cody (Principal) with Paddy Handbury (M’72) and his wife Helen Handbury (Godfrey, He’73)

3. Penny McBain (Chair of the Geelong Grammar Foundation), Peter Salisbury, David Bott (Institute of Positive Education, Associate Director) and Theresa Crozier

4. James Swan, Wes Smith (Institute of Positive Education, Business Manager) and Bill Ranken (M’72)

THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION


↓ EVENTS

Geelong Grammar School and Geelong Grammar Foundation Medal For Service to Society Dinner Geelong Grammar School and Geelong Grammar Foundation Dinner at The Langham on Thursday 20 September 2018. The Geelong Grammar School Medal For Service to Society was awarded to Professor Glen Liddell-Mola (P’64) and the 9th James R. Darling Memorial Oration was given by Ms Rebecca Cody, the twelfth Principal of Geelong Grammar School.

Jeremy Kirkwood (Council Chair, FB’79) Glen Liddell-Mola (P’64) and Penny McBain (Chair of the Geelong Grammar Foundation)

Principal, Rebecca Cody

Vice Principal, Charlie Scudamore.

Biddlecombe Society MARCH - Bellarine Peninsula Barwon Heads Golf Club

AUGUST - Mornington Peninsula Sorrento Sailing Couta Boat Club

OCTOBER - Melbourne Jim Stynes Room MCG

NOVEMBER - Sydney Royal Sydney Golf Club

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↓ CREATIVE EDUCATION SCHOLARSHIPS

CREATIVE EDUCATION

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t would be hard to find a person more committed to the pursuit of creativity than Ian Darling AO (P’79), philanthropist and awardwinning documentary filmmaker. Ian spoke with feeling in 2014 about the inherent legacy of creativity that exists at Geelong Grammar School, nurtured by Sir James Darling (no relation) during his long headmastership. From this fertile ground, he believes, his own seeds of creativity were nurtured, “whether I realised it at the time or not”. In recent years, Ian has been instrumental in the development of Creative Education at Geelong Grammar School. “He invested a lot of time, money and energy into it; he was such a believer,” says Vice Principal, Charlie Scudamore. “He was targeting people he knew and who had an interest. It was phenomenal.”

“To implement such an ambitious programme of educational change takes both curiosity and courage, traits which Ian Darling exemplifies.”

Inspired by the leadership and role modelling of Ian Darling, and bolstered by his extraordinary generosity, Geelong Grammar School has entered a new and exciting phase of Creative Education. Dr Tim Patston, appointed in 2015 as Coordinator of Creativity and Innovation, has this year been joined by four key staff: two teacher collaborators, Dan Davies and Matt Limb, and two researchers, Dr Ethel Samalca and Dr Prue Wales.

Using a model of evidence-based research that brings together the science of learning and the art of teaching, Creative Education is already having a systemic impact upon the learning and teaching culture of the School. In multiple subjects across the curriculum, students are learning targeted and specific skills, such as collaboration, critical thinking, problem solving and problem posing. In essence, Creative Education teaches the skills and attitudes needed to be creative in any context, and to be best prepared for an ever-changing world. “These kids are going to be our future leaders and if they are creative in their thinking, they can lead with compassion, curiosity, collaboration and courage,” says Charlie. “I can imagine the world will be a better, stronger, more collaborative, caring and kind place. That’s what it is all about in the end.” To implement such an ambitious programme of educational change takes both curiosity and courage, traits which Ian Darling AO exemplifies. In 2018, he was the recipient of the prestigious Byron Kennedy Award from the Australian Academy of Cinema and Television Arts (AACTA) for his ‘brave, innovative and wide-ranging pursuit of excellence’. Geelong Grammar School’s teachers and learners are fortunate to be benefitting immensely from Ian’s munificence, wise counsel and courageous leadership.

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↓ SCHOLARSHIPS

The Toorak Campus proudly models creativity and innovation during iWeek. Pictured are students learning how to help fix problems caused by waste in the world. THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION

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↓ SCHOLARSHIPS

THE AUSTRALIAN RURAL AND REGIONAL

Scholarship

W

hen you come from a tiny girls’ school with 300 pupils and walk into the Dining Hall at Corio, with a capacity of 500 girls and boys from all over the world, you have just entered a whole new universe”, says Fiona Ratcliffe (Archer, Je’77).

Her friend and fellow Tasmanian, Roderic O’Connor (P’75), recalls he “didn’t know much about the School except that it was big and interstate. I wasn’t daunted by the move to the School, and aside from the feeling of separation from family, I began to imbibe the all-encompassing ease of the other pupils, teachers and the ethos of the School. This point in time changed my way of thinking and, from then on, my life was irrevocably changed. I never looked back and still to this day have this Grammar feel within me.” For Fiona and Roderic, the impact of a Geelong Grammar School education on their lives has been seminal. They are keenly aware that they were “fortunate” to have had parents who could allow them to attend the School; equally, they know that a Geelong Grammar education merely is beyond the means of many rural and regional families. This knowledge has motivated them to establish a new scholarship specifically for students from remote, rural or regional Australia. “We really wanted to allow another child to be part of this world and reap the benefits.” This scholarship has been an idea that has travelled a long road of discussion to fruition. They are hopeful that others will join with them to raise enough money to eventually provide several scholarships. For them, this collegial effort is vitally important because the scholarship will provide more than assistance with fees. “We would like to draw from the donor pool to create a mentoring group,” explains Roderic. “So often, children are nurtured through the School and then when they leave, it can be very confronting. To have a group of people who have been there all through your journey and are willing to continue into adulthood as someone you can turn to for guidance, or simply to listen, is very valuable.”

“The Australian Rural and Regional Scholarship uniquely offers student guidance and is a perfect way to assist our very important rural and regional communities.”

The contribution of rural families, over many generations, to the diverse education on offer at Geelong Grammar School is valued and esteemed by our community. The new Australian Rural and Regional Scholarship will ensure that this relationship continues. Roderic and Fiona would like the recipient to be “a child who is a good contributor to their community and tries hard to do their very best … to further themselves and make a difference in society.” For this lucky person, that first experience of entering the Dining Hall at Corio may well be the start of something extraordinary. To make a donation to the Australian Rural and Regional Scholarship, contact the Geelong Grammar School Advancement Office on +61 3 5273 9349.

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↓ SCHOLARSHIPS

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↓ SCHOLARSHIPS

THE RUSSELL DRYSDALE

Scholarship for Visual Arts

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he Corian of December 1925 records that the original drawings of Russell Drysdale (P’30) showed “considerable promise” – a poignant reminder that it is at school where seeds of talent are very often nurtured and encouraged to bloom. Thanks to the generosity of Belinda and John Simson (Cu’74), promising young artists now have the opportunity to follow in the footsteps of the great Russell Drysdale at Geelong Grammar School, and to explore their own artistic potential. “I am interested in architecture because I want to be creative and I want to leave an impact – not just developing buildings for the purpose of them, but looking at creative and useful ways to be truly sustainable. I want to try and push the boundaries of design,” says Tillie Pridham (Yr12 Cl), 2019 Arts Captain and current recipient of The Russell Drysdale Scholarship for Visual Arts. Tillie came to Geelong Grammar School from her home town of Mansfield after deciding to “aim big” by putting in a last-minute application. “I feel like it was meant to be. It was the only school I applied for.”

“We hope, one day, Tillie might be able to give back to her community by inspiring someone else to follow their passion.”

Tillie’s emphasis on creative problem solving is especially pleasing for John and Belinda. “We think that it’s imperative that creativity is embraced in the school curriculum; it’s incredibly important to be able to explore an often hidden talent, not just at school but in all decision making and problem solving over your adult life.” While creativity takes many forms across all areas of the curriculum, John and Belinda wanted to ensure that a scholarship was available specifically for the Visual Arts. “It was really important for us to allow a student to maximise their potential and, as a scholar, inspire the cohort around them and demonstrate that the Visual Arts are valued. We hope the scholarship will give Tillie the confidence to go out into the world and seize her passion. Our best advice is to follow your passion – it doesn’t matter what this is, but if you follow your passion, and you work hard, you’ll reach your potential.” John and Belinda are realistic about the challenges that young people face when starting out in the visual arts – Russell Drysdale himself was beset by eye problems, but believed that success comes when “you are prepared to put in a lot of hard work, strive for your dreams and be prepared to fail.” For Tillie, having the support of John and Belinda, not only financially but also as role models as partners in a successful design business, is important. “They are not just giving me this scholarship; they are giving me so many opportunities to change my path and my impact. I really value this opportunity. It will have a significant influence on my future.”

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↓ SCHOLARSHIPS

HARTLEY MITCHELL

Scholarship

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ayley Siddons had not anticipated her 13-year-old only son Sunil (Sunny) asking to go to boarding school, but despite her heartbreak at letting him go, she has no regrets. “Geelong Grammar School has been an exceptionally positive immersion for Sunil, constantly reaffirming that dreams and aspirations are achievable for those who put in the effort. It has given him access to social, academic and political platforms beyond even my grandest expectations. His hopes and dreams get more tangible every day.” Sunny Handy (Yr11 M), who has Latje Latje and Barkinji heritage, was raised on Wamba Wamba country in Swan Hill. This is home, but Sunny’s horizons were already expanding by the time he was in Year 8 at his local school. “I thought I wasn’t going to achieve my potential if I stayed at home,” says Sunny. “I was just going to breeze through school putting in as little effort as I could. I was changing, but I wasn’t really changing as much as I wanted. It got to a point where I was pretty much the same person as I was the year before. So I thought it was time.” Fortunately for Sunny, the opportunity to realise that potential has been made possible by the generosity of the Geelong Grammar School community, inspired by the distinguished career of long-serving staff member and former Head of Manifold House, Hartley Mitchell (Staff 19902009). Hartley chose to mark his retirement by eschewing a dinner and gifts and requesting instead that donors contribute to a scholarship in his name, awarded primarily on the basis of academic merit. Sunny is the third recipient of this award. “Supporting scholarships at GGS is important in order to enrich the community with a wide variety of students,” says Hartley. “Having students from different backgrounds and with different talents adds hugely to everyone’s experience at GGS.” In an exceptional act of benevolence, Hartley has pledged his entire estate to the Geelong Grammar Foundation Scholarship Fund, ensuring that the Hartley Mitchell Scholarship will benefit other students like Sunny for many years to come.

“Having students from different backgrounds and with different talents adds hugely to everyone’s experience at GGS.

Sunny is deservedly proud of his academic achievements and believes that his scholarship drives his determination to succeed. “It puts me in the situation where I can work hard and apply myself. It’s also a reminder that people are helping me, I have to live up to that.” Hayley recognises the extent to which Sunny is invested in his own success, and hopes that his story gives “pride and satisfaction” to his benefactors. “Your donation is appreciated, valued and respected”, she says. “Thank you so sincerely.”

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↓ SCHOLARSHIPS

GORDON MOFFATT

Scholarship

M

offatt batted fast and hard, and treated the School to a delightful exhibition of run-making cricket. [He] was still batting on 64 when the innings closed” recorded the 1948 The Corian. Seventy years on, and Gordon Moffatt AM (M’48) has not forgotten that match. “It was my first match in the Firsts. That helps you mix, particularly with the younger boys; they want to know the older ones who are successful. Success in sports helps tremendously, and being inclusive and having a good sense of humour helps you get along with your fellow man. To me, that is the most important thing.” Beginning with a knock on Ian Potter’s door in January 1949, Gordon enjoyed a highly successful career in the investment industry, during which time he served on several high-profile boards, as a city councillor and Deputy Lord Mayor of Melbourne. He now describes himself as “a charity worker … I invest in the market and, any profits I make, I pass onto charity.” The recipients of his philanthropic generosity are many and varied, and include his alma mater Geelong Grammar School. The inaugural Gordon Moffatt Scholarship recipient commenced at Timbertop in 2019; he was selected for his ability to make contributions to society by demonstrating sound practical judgement, as Gordon has stipulated. He is now contributing to a future second scholarship, and the Gordon Moffatt Prize for Contribution to School Life is awarded annually at Speech Day.

“School is more than just about learning subjects. It’s about mixing with people because that’s what life is about.”

“I think the education system needs to deal with life's more widespread problems,” he explains. “There are a lot of good students who aren't academic. School is more than just about learning subjects. It's about mixing with people because that's what life is about. If you have some academic ability all the better, but it's important to get on with everyone at all levels.” Gordon attributes his own success to a common-sense attitude, and learning “how to win friends and influence people” – the title of the famous book by Dale Carnegie, which profoundly influenced his attitude towards life. “It taught me to get up on your feet, talk and think.” He hopes that the recipients of his scholarship will be similarly inspired by the opportunity they have been given “to get them out of their present situation into a different arena where they will meet great people. For instance: I went through with Rupert Murdoch (Cu’49), and I would see a bit of him after school. To give kids this opportunity is great, and I think Geelong Grammar offers that situation.” As he approaches his tenth decade, it’s fair to say that Gordon is still batting “fast and hard”, making runs that bring delight to the many grateful recipients of his benevolent acts – and not least at Geelong Grammar School. Thank you, Gordon.

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↓ SCHOLARSHIPS

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↓ BIDDLECOMBE SOCIETY

2018 BIDDLECOMBE SOCIETY The Biddlecombe Society comprises those who have notified a bequest to the School, or their intention to leave a bequest to the School and works with the Geelong Grammar Foundation to strengthen the School into the future. To continue our traditions and to develop the base for future achievements, we look to our community for support in this endeavour. It has been another significant year for the Biddlecombe Society, building upon the progress of last year. The membership increased from 171 to 191 members. It is a growing group of people and is fast becoming a significant part of the Geelong Grammar School community. The Society comprises a diverse group of people who have a deep connection and care for the School.

January / February

July

In 2018, the Biddlecombe Society had a more national focus. However, through January and February, our attention was on visiting our members who were close to home.

Rural students from the Western District have been a significant part of the School since 1855 when the sons of the early Western District pastoralists enrolled at Geelong Grammar School. In July, we met with members, prospective members and other interested parties in the Biddlecombe Society. We travelled throughout Elaine, Ballarat, Trawalla, Glenthompson, Hamilton, Warrnambool, Killarney and Winchelsea. It allowed us to thank everyone for their ongoing support for the Foundation and the School.

March The Biddlecombe Society hosted its annual Bellarine Peninsula Luncheon at the Barwon Heads Golf Club. The School’s 11th Principal, Stephen Meek, gave a farewell speech at the luncheon. Attendees included Old Geelong Grammarians, Clyde Old Girls, Hermitage Old Girls together with past and current parents and staff.

April

June

There were several interstate visits organised throughout 2018 which included Tasmania, Perth, Gold Coast and Brisbane. Being in touch with people right across Australia enabled the Society to connect with and grow its membership.

Michael Collins Persse MVO OAM passed away on 25 June. Geelong Grammar School was Michael’s life work. He was President of the Biddlecombe Society and then Honorary President. He was a fundamental part of naming and leading the Society. Michael joined the GGS staff in November 1955, and served our School community with distinction for 63 years, becoming a dear friend and mentor to many. His immense contribution throughout his life will long be remembered, and will no doubt act as an inspiration to those who follow in his footsteps.

May In May, we devoted our time to connect with our Queensland members, particularly on the Gold Coast and in Brisbane. This is an exciting growth area, and our current members are helping us to establish stronger relationships within the region. We were delighted with the kindness of John Quayle (Cu’48), who bequeathed to the School a scull, to be named ‘JQ’. We are deeply grateful to John for his kindness. 20

THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION


Neil Robertson (FB’72) passed away on 5 September. He joined the Geelong Grammar Foundation Board in 2009 and was appointed Chairman of the Biddlecombe Society in 2014. He was much loved and will be remembered as a passionate, generous and inspiring leader. A beautiful service was held at the Chapel of All Saints, Geelong Grammar School, Corio, on 14 September.

BIDDLECOMBE SOCIETY

September

Through this time of sadness and reflecting on Neil’s passion and hard work, we travelled to Tasmania and visited several Biddlecombe Society members. We celebrated Cecil ‘Boz’ Parsons (M’36) 100th birthday; he returned with wife Barbara and their family to enjoy morning tea in Manifold House on 12 September. Boz was a staff member from 1962 to 1980, serving as Housemaster of Manifold House from 1965 to 1978, Acting Master of Corio in 1978 and Master of Corio from late 1978 to 1979.

November We were delighted to host the Biddlecombe Society luncheon at the Royal Sydney Golf Club. It was a time to remember Michael Collins Persse MVO OAM and Neil Robertson, our Honorary President and Chairman, respectively. Those present were moved by the video tribute to these two inspirational individuals who had given so much of themselves over many, many years, making the Biddlecombe Society what it is today. Our guest speaker, Rebecca Cody, was welcomed warmly and her address greatly appreciated by all present.

August

October

The Biddlecombe Society held its inaugural Mornington Peninsula luncheon at the Sorrento Sailing Couta Boat Club. Acting Chairman David Henry (FB’69) hosted the event and was pleased to introduce the 12th Principal of Geelong Grammar School, Rebecca Cody, as the guest speaker.

More than 100 people attended the Biddlecombe Society Melbourne luncheon in the Jim Stynes Room at the MCG, which was our largest attended event.

August was a busy month visiting members in Euroa, Seymour, Mansfield and Alexandra. We also travelled interstate to Perth. More than 2,000 people gathered at our Corio Campus for a Memorial Service to celebrate the life of Michael Collins Persse MVO OAM on 27 August.

Rebecca Cody, our Principal, was the guest speaker and there were video tributes to Michael Collins Persse MVO OAM and Neil Robertson. When Michael was unwell and in Hospital, Brooke Pithie (Yr11 He), travelled by bus into Geelong to play the bagpipes in the street outside the Hospital. She was hoping Michael would hear her music and this might provide some comfort to him. In a fitting finale, after a one-minute silence to honour Michael and Neil, she played the piece of music. It was a truly lovely moment to reflect upon these two great men, both of whom had such a significant impact upon the Biddlecombe Society and wider Geelong Grammar School community.

December Charlie Sutherland (P’86) was appointed Chairman of the Biddlecombe Society in December. Following the passing of our Chairman, Neil Robertson, in September, someone with similar passion was sought to take over and carry on the inspirational leadership Neil had shown during his successful tenure. Charlie’s connections to Geelong Grammar School are strong. His grandfather Sir James R Darling was Headmaster of Corio and both his parents taught at the School. THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION

21


↓ BIDDLECOMBE SOCIETY

REMEMBERING

Michael Collins Persse and Neil Robertson

T

here are two kinds of renewal: natural, like the passage of the seasons, and supernatural, where there is something more (something not limited to time), something of God, something of love, something of grace and wisdom – voluntarily expressed or enacted by human beings.”

In Well-Ordered Liberty, his literary portrait of Geelong Grammar School, Michael Collins Persse refers to the passage of time and the markers of history by which the School evolves. There is natural renewal in physical changes, in educational evolution and in responding to the external pressures of a changing world, but the supernatural regeneration to which Michael refers – the “something more … enacted by human beings” – is the lifeblood of the School, flowing from the kindness and generosity of selfless individuals. In this light, the deaths of Michael and Neil Robertson (FB’72) in 2018, master and pupil respectively, do not represent the closing of a chapter but rather a moment of renewal in the life of the School. In different ways, Michael and Neil irrevocably affected the lives of those around them. Garry Pierson, Associate Director of Advancement (Biddlecombe Society and Bequests), worked very closely with both men over many years, and is well placed to reflect on their distinctive personalities. “Michael embodied the gravitas of history, cultivated over 63 years of service to the School, but with such a gentle presence that it was not foreboding. Rather, as so many of his friends and former pupils have reflected, he made everyone feel comfortable and like they belonged. Neil was a bon-viveur, with a natural ability to draw a crowd without ever being the centre of attention; a people connector with an innate ability to break down barriers and surmount problems. He saw the best in people, then encouraged them to be proud of their capabilities to help others.” Together, Michael and Neil sustained an abiding love for Geelong Grammar School; “an authentic and genuine passion with a force of nature about it” describes Garry. This deep, almost visceral connection to the School motivated them, together, to build the Geelong Grammar Foundation and the Biddlecombe Society. “They were especially driven by the shared belief that children deserve to be given a go in an environment that will bring out the best in them, and they both believed that a bequest was a very powerful way of putting back into your school and contributing to its longevity and wellbeing.” As a result of their extraordinary generosity, the Michael Collins Persse Scholarship currently supports four students. For those who loved them the absence of Michael and Neil is difficult to reconcile, but Garry draws comfort from the belief that, in the words of Hartley Mitchell (staff 1990–2009), “their legacy is infinitely more important than the loss.” This legacy, being the example of Michael’s and Neil’s altruistic devotion to the School, “bolsters our efforts into the future and inspires greatness” says Garry – to do “something more”. At this moment of renewal, their presence lives on and will be manifest in generations to come.

Christus Nobis Factus Sapientia

22

THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION


↓ BIDDLECOMBE SOCIETY

THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION

23


Annual Giving

“It was a history-making campaign, raising over $300,000 and we thank our community for rising to the challenge.”

ENDOWMENT FUND

BUILDINGS

11.8%

2.1%

LIBRARIES

8.6%

$250,000 was chosen as our target, as this is the minimum required to launch a named scholarship in perpetuity. The Geelong Grammar Foundation’s goal is to offer more named scholarships to future students who would not otherwise have the opportunity to experience a Geelong Grammar School education. While scholarships were the feature of our 2018 Annual Giving programme, it was important that our community had the option to choose their appeal of interest, such as the Library Fund.

BREAKDOWN CHART SCHOLARSHIPS

W

hen a shared cause unites people, you can achieve great things. We aspired to raise $250,000 in 250 days, and we reached our target by day 225. This was an impressive 51% increase from 2017. It was a history-making campaign, raising over $300,000, and we thank our community for rising to the challenge,” Jo Nitz, Executive Director of the Geelong Grammar Foundation, explained.

77.5%

ANNUAL GIVING

HISTORY-MAKING

Once again, our community showed the true spirit of philanthropy by donating considerably to scholarships. 77.4% of Annual Giving was directed towards supporting scholarships. Your help allows us to expand our scholarship programme to benefit future Geelong Grammar School students. In 2018, 25% of our secondary students received financial assistance to attend the School. Annual Giving raised $25,925 for libraries in 2018. There is an increasing need for flexible and varied learning spaces. Gifts to the Library Fund allow the School to be exceptional in creating exciting, adaptable learning spaces and there are now two distinctive new areas in the Fisher Library. 11.8% of Annual Giving donors supported building projects in 2018. Funds raised were directed towards the Timbertop Refurbishment Programme and the Yacht Club Rebuilding project. “At the close of Annual Giving, we were filled with pride by the generosity of Old Geelong Grammarians, Clyde Old Girls and Hermitage Old Girls, together with past and current parents, former staff and existing staff, friends and students,” Jo said. “We wish to warmly thank you for your generosity, your loyalty and your investment in Geelong Grammar School. All gifts, large and small, make a lasting difference.”

SCHOLARSHIP BREAKDOWN CHART

Annual Giving = 20% Hartley Mitchell = 4.5% Indigenous = 16.6% J.R. Darling Memorial = 7.2% Michael Collins Persse = 20.4% The Handbury = 21.5% Tommy Garnett = 8.5% Other = 1.3%

24

THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION


I

t is entirely appropriate that Jeremy Madin’s (FB’64) Angus cattle graze alpine pastures in the shadow of Mt Timbertop. After his own stint at Timbertop as a student in 1961, Jeremy was appointed Head of Timbertop in 1983. During his five years in the role he encouraged his students “to feel that intense sense of mystery and excitement … that sense of wilderness’ that only the Timbertop experience can provide.” With headmasterships of Christ Church Grammar School in Perth and Cranbrook in Sydney following Timbertop, Jeremy is well placed to reflect on the demands facing schools today. “I am deeply conscious of the fact that if schools are to imaginatively and energetically improve their educational offerings, they face many financial challenges that cannot be funded from fees alone.”

ANNUAL GIVING

A ‘steer a year’ for our School

On this premise, Jeremy and his wife Sally have devised an innovative way to support the Annual Giving campaign. Each year, they donate the market value of one of their steers to the Scholarship Fund. “We hoped it might encourage other country people to consider something similar, especially if like us they are retirees who would like to help but rely on super and incidental farm income rather than the certainty of a salary. Some bigger rural operators might wish to donate a truckload of wheat a year, or a bale of wool, according to their means.” Jeremy has chosen to support scholarships in particular because of the opportunity he himself received to attend Geelong Grammar School on a scholarship, following the untimely death of his father. “[Those] five especially formative years gave a terrific boost to my educational experience, in the widest sense. I learnt that you can overcome most challenges if you are thoughtful, collaborative and determined.”

THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION

25


↓ ANNUAL GIVING FINANCIAL SUMMARY

FOUNDATION FINANCIAL SUMMARY For over 150 years Geelong Grammar School has been entrusted with the formation and education of young men and women. Many parents, Old Geelong Grammarians and friends of the School have provided gifts and endowments, helping to create the School we have today. The foresight and generosity of donors has been and is transformational. The Geelong Grammar Foundation now leads the philanthropic and fundraising activity for the School and is responsible for ensuring that each gift is used or endowed effectively and as intended by each benefactor. The Foundation is appointed by the School Council to be Trustee for the Geelong Grammar School Scholarship Fund and the Geelong Grammar School Endowment Trust.

SUMMARY OF FINANCIAL POSITION AS AT 31 DECEMBER 2018

Assets Cash

Endowment Fund

Scholarship Fund

Total

$000’s

$000’s

$000’s

1,792

1,092

2,884

18,034

17,545

35,579

54

248

302

4,057

6,625

10,682

101

83

184

24,038

25,593

49,631

10

-

10

24,028

25,593

49,621

Endowment Fund

Scholarship Fund

Total

$000’s

$000’s

$000’s

Investments - Equity and cash trusts Receivable from related party Balance of the account with the School Sundry receivables Total Assets Sundry creditors and accrued liabilities Net Assets

SUMMARY OF INCOME AND EXPENDITURE, AND MOVEMENT IN FUNDS HELD, FOR THE YEAR ENDED 31 DECEMBER 2018

Income

53

20

73

Dividends and other trust distributions received

Interest received

1,874

1,904

3,778

Realised profit/(loss)

(102)

(112)

(214)

Total investment income

1,825

1,812

3,637

Increase/(decrease) in investment revaluation reserve

(229)

-

(229)

Total investment return

1,596

1,812

3,408

Return on funds Bequests, gifts and fundraising activities Total income Less - Foundation grants - Fair value loss on financial assets through P&L1 Fund expenses Surplus/(deficit) for the year

211

1,248

1,459

1,807

3,060

4,867

282

926

1,208

2,749

2,658

5,407

28

25

53

(1,252)

(549)

(1,801)

1

The introduction of AASB9 - Financial Instruments resulted in the recognition of the market movement in a large portion of our portfolio to be recognised directly in profit or loss where previously those movements had been contained within a revaluation reserve on the balance sheet, impacting our result for the year.

26

THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION


2018

2017

2016

2015

2014

$

$

$

$

$

211,300

2,238,901

201,560

163,600

39,932

-

-

-

-

23,520

1,190,949

893,340

1,373,224

2,581,084

2,723,811

Building Fund

923,084

3,117,541

1,521,279

2,334,338

2,436,539

Library Fund

25,525

32,974

19,203

14,392

43,345

2,350,858

6,282,756

3,115,266

5,093,414

5,267,147

Endowment Trust (Foundation Fund) J.R. Darling Memorial Fund Scholarship Fund

1

Total Gifts 1

ANNUAL GIVING FINANCIAL SUMMARY

FOUNDATION GIFTS SUMMARY

Net of donations between related entities

FOUNDATION INVESTMENTS A sub-committee of the Foundation Board, the Allocations and Investments Committee (AIC) takes the lead on investing these funds. Its members are listed below and include people with significant investment experience. Highly regarded professional advisers also help with investment decisions, asset allocation and selection of investment managers.

THE ALLOCATIONS AND INVESTMENTS COMMITTEE

Will Jones (Cu’73) Chair

Penny McBain Chair, Geelong Grammar Foundation

Joanne Nitz Executive Director, Geelong Grammar Foundation

Justin Arter

Mr Jones is Chair of the Geelong Grammar Foundation Allocations and Investments Committee and Deputy Chair of the Geelong Grammar Foundation. Mr Jones has over 36 years of experience in financial services, is a former partner of JBWere and currently serves as non-executive chair of family office PGA Group’s Investment Committee, as a Trustee of the Royal Botanic Gardens Melbourne Trust Fund and as a Director of the Queens Fund Ltd.

Mrs McBain is a past parent, Chair of the Geelong Grammar Foundation and a member of the School Council. She was a Founding Director of Melbourne IVF and, prior to her retirement, a Consultant Gynaecologist at the Royal Women’s Hospital for 25 years.

Mrs Nitz has over 14 years of experience within educational advancement. In her previous role at Perth College, she launched the Foundation and introduced the inaugural Annual Giving, Bequest and Major Gift programmes. She has completed a Bachelor of Business majoring in marketing and public relations with Distinction, Master of Marketing and a Certificate in Fundraising. Mrs Nitz has been honoured with three state and national fundraising awards through Educate Plus. Mrs Nitz commenced on the Committee in July 2017.

Justin Arter has been working in financial markets for 35 years. He is the former chief executive officer of Victorian Funds Management Corporation and was most recently country head for BlackRock in Australia and the leader of its UK pension fund distribution arm in London. He is a former member of the Geelong Grammar School Council and past parent.

THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION

27


↓ ANNUAL GIVING FINANCIAL SUMMARY

28

Angus Coote (FB’94)

Andrew Moore

Harry Moore (FB’94)

Sarah Morgan (Cl’87)

Mr Coote has a Bachelor of Business from RMIT majoring in economics and finance. He commenced his career with JP Morgan in London and relocated to Asia for five years specialising in selling Australian Government Bonds and other debt products to the region’s largest central banks and sovereign wealth funds. He returned to Australia in 2010 where he headed Global Central Bank distribution for Westpac in Sydney. In 2014, Angus co-founded Jamieson Coote Bonds, Australia’s only domestic and global sovereign bond fund. Mr Coote joined the Committee in March 2017.

Mr Moore was Commercial Director of Geelong Grammar School and Company Secretary of Geelong Grammar School and Geelong Grammar Foundation from June 2000 until August 2018.

Mr Moore is Head of Business Development Australia, New Zealand and Japan for Colonial First State Global Asset Management (‘CFSGAM’). In his role, Harry works on a national basis with large industry government and corporate superannuation funds as well as insurers, universities and charities. He is responsible for sales and client servicing whilst ensuring that CFSGAM’s investment capabilities and profile remain visible in the institutional market. Prior to joining CFSGAM in June 2010, Harry worked at Russell Investments for five years as a consultant in the Institutions and Governments team. Harry holds a Bachelor of Arts (Hons) from the University of Melbourne.

Ms Morgan is an experienced corporate finance advisor, including 15 years at independent corporate advisory firm Grant Samuel. She is now a professional NonExecutive Director and sits on the boards of a range of ASX listed, private and not-for-profit companies including Hansen Technologies and Future Generation Global Investment Company.

Bill Ranken (M’72)

JANA Investment Advisers

Mr Ranken has 35 years of experience in financial services and was previously a stockbroker at JBWere and Goldman Sachs JBWere. He was Chairman of the Geelong Grammar Foundation and a member of the School Council until April 2016. He remains a Director of the Foundation and is also a Trustee of The William Angliss Charitable Fund.

JANA, a firm of investment consultants, provides strategic investment advice and offers investment solutions to the Allocations and Investments Committee. JANA takes an integrated approach to the consideration of Environmental, Social and Governance (ESG) factors, and recognises key attributes of the Foundation, including its tax free status and in-perpetuity investment horizon.

THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION


↓ ANNUAL GIVING FINANCIAL SUMMARY

INVESTMENT OBJECTIVES The investment objectives are to maximise investment returns over a rolling ten-year investment horizon subject to limiting the risk of a reduction in the real value of the corpus. Performance is measured against a benchmark of CPI + 5% pa (after fees). The Foundation avoids speculative investments and maintains a diversified portfolio. 20%

%

%

%

%

Geelong Grammar Foundation

15%

Objective

-4.3%

4.8%

5.6%

8.6%

10%

Market Benchmark

0.4%

6.8%

6.5%

9.2%

5%

Objective

6.8%

7.4%

7.5%

8.0%

Geelong Grammar Foundation

Market Benchmark

0% -5%

10 Years

10 Years

5 Years

5 Years

3 Years

3 Years

1 Year

1 Year

ASSET ALLOCATION AND FUNDS MANAGERS AS AT 31 DECEMBER 2018 2018 (%)

Amount ($000’s)

2017 (%)

Amount ($000’s)

Australian Shares

35

17,225

37

18,896

Overseas Shares

33

16,018

31

15,969

Australian Shares 35%

5

2,335

6

3,172

Overseas Shares 33%

Loans to GGS

22

10,682

12

6,172

Term deposits

5

2,525

0

-

Cash

1

359

13

6,896

Total

100

49,144

100

51,105

Investment

Alternatives

Australian Shares 35% $17.2M

Alternatives 5% $2.3M

Managers: Airlie Funds Management Cooper Investors Brunswick Fund JANA Small Caps Australian Share Trust Crestone Managed Portfolio

Manager: L1 Capital Long Short Fund

Overseas Shares 33% $16.0M 1

Term Deposits 5% $2.5M

Managers: JANA High Alpha Global Share Trust JANA High Alpha Global Share Trust (Hedged) JANA Emerging Markets Share Trust Crestone Managed Portfolio

Cash 1% $0.4M

ASSET ALLOCATION AS AT 31 DEC 2018

Term Deposits 5% Alternatives 5% Loans to GGS 22% Cash 1%

The level of currency exposure is subject to variation via use of both hedged and unhedged funds

1

The School pays a commercial interest rate on the loan balance

2

Loans to the School 22% $10.7M 2

Whilst all care has been taken in the preparation of the numbers presented, performance figures are unaudited and subject to revision. In addition, asset allocations and fund managers will vary over time based on the Allocation and Investment Committee’s recommendations.

Total Assets $49.1M

RECENT PERFORMANCE Investment return target

2018

2017

2016

2015

2014

2013

2012

2011

2010

Objective: CPI + 5% pa (6% up to 2018)

6.8%

7.9%

7.5%

7.7%

7.7%

8.7%

8.2%

9.1%

8.6%

-4.3%

11.9%

7.2%

5.5%

7.6%

22.3%

15.0%

(7.4%)

3.9%

231.0

235.3

223.4

216.2

210.7

203.1

180.8

165.8

173.2

-10.6%

4.0%

(0.3%)

(2.2%)

(0.1%)

13.6%

6.8%

(16.5%)

(4.7%)

Cumulative performance against objective

5.8%

16.4%

12.4%

12.7%

14.9%

15.0%

1.4%

(5.5%)

11.1%

10 year rolling average - Actual

8.6%

8.3%

8.4%

8.6%

8.7%

8.8%

-

-

-

10 year rolling average - Objective

8.0%

8.1%

8.5%

8.9%

9.8%

10.3%

-

-

-

10 year rolling average - Benchmark

9.2%

-

-

-

-

-

-

-

-

Actual: Cumulative Performance index (01 Jan 2004 is 100) Ahead/(behind)

If you would like a copy of the investment return formulas applied to the portfolio, please contact the Advancement office. NB. Past performance is not necessarily a guide to future performance. THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION

29


↓ ANNUAL GIVING FINANCIAL SUMMARY

2018 ENDOWED SCHOLARSHIPS AND BURSARIES Scholarship funds are managed with the twin purposes of paying out 4% each year to fund Scholarships and of maintaining the value of the funds and the Scholarship payments to the School, over the long term. Scholarship Balance 01 Investment Balance 31 Name Donations ($) Distributions Jan 18 ($) Income ($) Dec 18 ($) to Families ($)

COGA Scholarships

815,626

525

(35,082)

(31,243)

749,826

HOGA Scholarships

4,795,088

1,500

(206,221)

(131,429)

4,458,938

Dato Tan Scholarship

178,675

-

(7,683)

(6,840)

164,152

Hartley Mitchell Scholarship

360,007

10,000

(15,674)

(14,173)

340,160

Annual Giving Scholarship

1,041,895

46,377

(45,572)

(41,708)

1,000,992

Sevior Family Scholarship

1,450,451

-

(65,369)

(55,523)

1,329,559

Pope Family Scholarship

536,203

50,000

(23,057)

(22,526)

540,620

1,672,335

-

(71,910)

(34,970)

1,565,455

392,254

400

(16,876)

(10,315)

365,463

Michael Collins Persse Scholarship

1,848,229

124,980

(81,763)

(72,240)

1,819,206

Whittingham Scholarship

2,420,748

-

(104,092)

(92,666)

2,223,990

John Emmerson Scholarship - Corio

456,760

-

(19,641)

(10,491)

426,628

John Emmerson Scholarship - Toorak

392,763

-

(16,889)

(15,035)

360,839

Bruce Lawrence Scholarship

331,657

-

(14,261)

(12,696)

304,700

4,382,608

46,788

(189,676)

(169,589)

4,070,131

1,428,751

-

(61,436)

(54,693)

1,312,622

526,189

-

(22,626)

(3,000)

500,563

950,506

-

(40,869)

(36,385)

873,252

1,996,699

-

(85,858)

(24,000)

1,886,841

Bob and Rona Robertson Scholarship

533,153

-

(22,926)

(20,409)

489,818

Nicholas Webb Scholarship

149,675

18,000

(7,016)

(41,964)

118,695

Richard Crummer Scholarship

680,181

45,000

(30,215)

(20,982)

673,984

539,499

250,000

(27,498)

(30,480)

731,521

400,141

100,250

(19,361)

(19,241)

461,789

McBain Family Scholarship

273,395

-

(11,756)

(10,466)

251,173

Tommy Garnett Scholarship

390,078

113,270

(19,202)

(19,366)

464,780

Gordon Moffatt Scholarship

299,604

50,000

(12,883)

(13,469)

323,252

-

2,080

-

(2,080)

-

2,119,000

-

(91,117)

(28,354)

1,999,529

General Indigenous Scholarships

206,979

37,380

(5,761)

-

238,598

Other scholarships and prizes maintained by Geelong Grammar Foundation

1,437,301

273,800

(66,431)

(5,915)

1,638,755

33,006,450

1,170,350

(1,438,721)

(1,052,248)

31,685,831

John Peter Alston Wallace Scholarship Ranken Family Scholarship

J.R. Darling Memorial Scholarship A A Buley Bursary Fund Bostock Music Scholarship General Excellence (The Foundation Scholarship) Pop Fink Scholarship

Jeff Peck & Silver Harris Scholarship Russell Drysdale Scholarship for Visual Arts

Smith Family Scholarship Frank Callaway Endowment

Total Scholarships and prizes maintained by Geelong Grammar Foundation

30

THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION


The Geelong Grammar Foundation warmly thanks and acknowledges the support of our Foundation members for their generosity, belief in and support of the School. Following is a list of our members as at the 31 December 2018. Thank you, also, to the many donors who have chosen to remain anonymous; we appreciate your generous support.

Eminent Anonymous (2) Calvert-Jones Janet AO Calvert-Jones John AM Darling Ian AO Darling Min Fairfax John AO Handbury Geoff AO Jones Will Khoon Chen Kuok Mitchell Hartley Reid Margaret † Robertson Neil Simson Belinda Simson John Governor Bender Helene OAM Calvert-Jones Janet AO Calvert-Jones John AM Crummer Patsy Darling Ian AO Darling Min Fairfax John AO Fairfax Tim AC Geelong Grammar School Gibson Diana AO Gorman Rebecca Handbury Geoff AO Harris Silver Ivory Sandra Khoon Chen Kuok McBain John AO McBain Penny Muir Family Murray Michael Old Geelong Grammarians Association Peck Jeff Pierce Armstrong Trust Pope Deidre Pope Ern Reid Margaret Robertson Anne Robertson Mark OAM Sevior John Simson Belinda Simson John Thyne Reid Foundation The Vincent Fairfax Family Foundation Guardian Albert Robert AO RFD RD Bamford Family Foundation Bei Shan Tang Foundation Gailey Lazarus Foundation Handbury Helen Handbury Paddy Luo Dan Moffatt Gordon AM KSJ Newman Mark O’Connor Roderic O’Reilly Cameron O’Reilly Ilse Premraj Eugene

Premraj Prem Ranken Bill Ranken Katharine Robertson Brigid Robertson Hugh Southey Lady Marigold AC Partner Anonymous (4) Allen Jim Arter Justin Baillie Helen Baillieu Antony Baillieu Charlie Baillieu Samantha AM Baillieu Sybil Bell Charitable Fund Blazey A D C Family Bowden Ivor Calvert-Jones Louise Calvert-Jones Mark Cameron Max Carnegie Mark Darling Anthony Darling Mrs David Geddes Graham Glamorgan Parents Association Hayward Alison Hayward Bill OAM Hsieh Shirley Johnson Warwick Kantor Michael Kiefel Charles OAM Kryger Gilles AM Lin John MacLachlan Hugh Maple-Brown Family Molloy Susan Montgomery Annabel Montgomery Jamie Myer Bails AC Paterson Judy Paterson Rowly Sharp David Sharp Lyndsay † Tan Chin Nam Vicars Jane Vicars Will Wang Jasmine Zhang Xiaobing Benefactor Anonymous (6) Allen Judy Allen Richard R Anderson Bill Baillieu Lawrence Bartholomew Peter Belcher George Bongiorno Annette Bongiorno Anthony Butler Gail Butler Jim Calvert-Jones James Carnegie Sir Rod AC Charles Arthur AM Clarke Lady Susannah

THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION

Clyde Old Girls’ Association † Collins Persse Michael MVO OAM Crozier Theresa Cusworth Neil Darling Michael Dowd Lisa Egan Brendan Endean David Fairfax Nick Farran Andrew Fox Family Foundation Grimsdale Jan Gubbins Jenny OAM Gubbins John Gunnersen Investments † Gunnersen Thorry AM Hamson Michael Hayward Sam Holt Don Hosokawa Mako Hunt Robin Jen Shek Voon Jones Will Kang Kevin Kirkwood Jeremy Kirkwood Sarah Knights Julian AO Knights Lizanne Lemon Peter Long Michael AM MacMillan William Snr Mactaggart David Mactaggart Emma Massy-Greene Lady Elizabeth Matthews Barry Mazzeo Ann Mazzeo Joe McInnes John OAM McMurdo Daniela McMurdo James McVilly Barry Meek Christine Meek Stephen Moore Patrick Morgan Hugh AC Morgan Richard AM Morgan Suzette Morrison James Morrison Joanna Munro Bruce Myer Andrew AM Nelson Wanda Ong Sok Patrick Moore Family Trust Pausewang Diane Pausewang Peter Ramsay Dougal Robertson Donald Robertson Janette Salisbury Peter Sargood Pamela The Sidney Myer Fund Smith Clive OAM Southby Janet Southby Richard Stanley Richard QC

Stewart Rob Thistleton Catherine † Walker Ron AC CBE Williams Anne † Williams Michael Young Harrison Associate Anonymous (16) Adams John Adams Ros Allen Mark Argyle Rory OAM Badgery Malcolm Badgery Marion Barraclough Georgina Bostock Tom Breadmore Anne Breadmore Jo Bright Charles Brodie Janet Browne David Bryan Hugh Calvert-Jones Susannah Carnegie Tanya CDC Geelong Pty Ltd T/As Benders Busways Chomley Peter M M Chow Ping Clemente Rob Clifton-Jones Richard Coltman Kay Connell James Constantine Aaron Copley Lorraine Coppe Alex Coppe Ed Coppe James Coppe Sharon Cox Tim AO Darling James AM Davis Brian Deasey Denis Devilee Fiona Devilee Peter Dixson Felicity Dixson Jeremy Dobson Bill Dobson Kerryn Edwards Patricia Edwards Sandy Elder David Fischl Ian Fischl Michelle Freeman Marcus Freeman Sarah Gatehouse Sandra Godfrey Tim Grimwade Angus Grimwade Karen Haigh Alister Hains Michael Hains Sally-Anne Hamilton Geoff Hamilton Jan Hamilton Maria Hamilton Printing Works

GEELONG GRAMMAR FOUNDATION MEMBERS

GEELONG GRAMMAR FOUNDATION MEMBERS

31


↓ GEELONG GRAMMAR FOUNDATION MEMBERS

32

Hayward Kate Hayward Tom Henry Charles Hinckfuss Bruce Holmes a Court Paul Holt Janet Howes Merrick Hryckow Jari Hunter Sandy Ibrahim Jamilah Jordan Anna Jordan Athena Jordan George Jordan Peter Kaspiew Rae Kent Wayne Kirsner Lindsay Kuok Ean Lane Angela Lane Michael Leslie Cate Leslie Stuart Leslie Wayne Lewis John Lewisohn John Lim KT Lindsay Andrew Lipman Gerald Lithgow Elizabeth Lucas Anton Lynch Antony Lynch Georgina Macaulay Cameron Macaulay Jennifer MacKinnon Jane MacKinnon John W Mann Geoff Marriner David McCullough Denys McDonald Michael McGauchie Donald AO Merrylees Ian Mills John Mitchell Hartley Mitchell John OAM Morgan Linda Morgan Paul Murray Tim AM Nandabhiwat Warapong Nicholson Libby Nicolson Stuart Nicolson Susan Owen Sally Parsons Boz DFC Patterson Andrew Peart Jim Pembrook Amanda Penfold-Russell Rebel OAM Pincott Club Inc Priestley Malcolm Ratcliffe Fiona Ritchie Kent Sonia Rymill Peter Santikarn Janice Santikarn Steve Schultz Max † Searby Richard AO QC Shelmerdine David Shelmerdine Maree Simpson Julia Sisson Carol Smith Simon Sow Vinney Stephens Deryk The Sunshine Foundation Sutton Rod Sutton Tanny

† Tallis Peter OAM Taylor Deb Thornton Michael Viravaidya Mechai AO von Bibra Kenneth AM Wade Jan Wallace Quentin Wearne Geoff Welsh Simon † Wetherall Peter Wilkins Robert Wilkins Susan Wilson Mary Wilson Ralph Member Anonymous (41) Abel Smith Will Adamson James Adamson Michael Affleck Anna Affleck James OAM Agar John OAM Albert Antoinette Albert Investments Alder Robyn Alder Tim Allen Jocelyn Allen Kingsley Allen Penny Allen Roslyn Allen Tony Altmann John Anastasios Andrew Anderson Jan Anderson Sue Angas Charles Angliss Arthur Angliss David Apted Ben Armstrong John Armstrong Martin Ashton-Jones Mary Lou Austin A Frank Avery Mark Backhouse Kim Backwell Lyn Backwell Rob Badger Ann Baillieu Marshall Baillieu Marshall E Barnes John Barras Greg Barras Sarah Bartlett Connie Bartlett Marcus Batliwalla Minoo Batten Tim Batters Philippe Bayles Archie Baynes Karen Beevor Ronnie Belcher Dennis Belcher Lit Bell Adrian Bingley Julie Bingley Tim Blakeley Tony Bliss Philip Blundell Ian Blundell Lisa Bohun Eliza Bohun Phillip Bolwell Ray Bostock Andrew Bostock Robert Bowden Annabel

Bowen Richard Bower Geoff Bower Jane Bowman Alan Bramley Richard Brandy Ron Bretherton Tony Bright Primmy Bright Richard British Schools & Universities Broers Lord Alec FRS Broers Lady Mary Bromell Hugh Bromell Jock Bromell Ros Brookes Clive Brown Ian D Brown Ian J H Browning Malcolm Bufton Peter Bugg John Burgess Reece Burns David Burt Amanda Burt Simon Byron Andrew Cabot Edward Cameron Donald Cameron Ewen Cannon Clare Capper Peter Carmichael Katie Castillo Lyn Castillo Sonny Catchlove Barry AM Cavill Alistair Cavill Malcolm † Cavill Richard AM Cavill Stuart Charles Stephen AO Chauvel Richard Chernov Alexandra Chin Kim Chomley George Chye Kooi Clarke Anthony Clarke Rodger Clarke Sir Rupert Clements Dee Clements Elisa Clements Jonathan Cochrane Andrew Cochrane Jackie Cocks Sue Cohen Susie Collins David Consett Christopher Coombe-Tennant Georgie Coombe-Tennant Mark Copulos Steve Cormack Joanna Costain Peter Cottier Bruce Cox Jim Cox Laurie AO Crabtree Maryjane Cramer-Roberts Antony Cronin Eleanor Cronin Ray Crooke Sarah Cross Stephen Crozier Digby MLC Crutchfield Amy Crutchfield Philip Daley Alan Danielson Kaye Darling John

Davies Huw Dawson Penny De Maria Belinda De Maria Rennie de Moor Paul De Pury Guillaume Denham John Derham Moore Kathie Dery Tom Donner Clive Downer Alexander AC Downie David Downie Susie Downton Peter Drysdale Elaine Drysdale Ken Durran Ken Dye Geoff Eddington Sir Rod AO Eddington Lady Young Sook Eisner John Elder Joyce Elliott Amanda Fahey Michael Fairbairn Rosie Faithfull John Falkiner Brett Fam Richard Fayman Marvin Fieldhouse Simon Finlay Stephen Fisher Jamie Fisher Peter C J Fisher Peter G R Fitzwilliams Hyde Chloe Flintoft James Foreman Judy Foundyller Charles Fox Chris Fox Linda Fraser John Fraser Michael Fullerton John Fullerton Michael Funk Katie Gall David Gall Georgie Ganley Carney Gash Nathalie Gassin Jennifer Gassin Robert Gates Peter Gilbert David Giles Lyn Gillett Charles Gillett Margie Gillies Charles Glass Reuben Graves Joby Gray Jane Gray Robert Greig-Rouffignac Susie Griffiths Balcombe Grills Leanne Grills Richard Grimshaw Mark Grimshaw Rachel Grodski Ben Grodski David Grodski Helen Grodski Lucinda Groves Peter Grubb Beau Gubbins Andrew Guest Anabelle Guest James MLC Guest Owen

THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION


↓ Leong Yan Lermond Bill Lermond Ruth Leslie Bill Leviny Fiona Lie Lorie Liley Will Lim Cheng Lim Grace Lim Yew Lindblade Rod Litchfield Libby Love Tom Lovell Maggie Lu Celia Luckock Chris Lyons Joan Macarthur Andrew Macdougall Mikael OAM Macgugan Elizabeth Mackenzie Sandy Mackey David Mackinnon Andrew Mackinnon Hamish MacKinnon John H M Mackinnon Karin Mackinnon Richard Macknight Campbell Macneil Angus Madin Jeremy Mah Sau Manifold Sarah Mann Richard Mantello Eliza Manton David Martin Alison † Maslen Peter Massy-Greene Roger AM Mather Cath McComas Malcolm McCormick William McCulloch Dave McCulloch Indi McCulloch Nick McCulloch Prue McCulloch Sam McDonald Bruce McFarlane Amanda McFarlane Hamish McIntosh Peter McKenzie Patricia McKeown Chris McLachlan Ian AO McMichael Ian McNaughton Cameron Mellier Alan Mellier Angela Melville Deb Melzer Brett Merrin Leigh Messenger Andrew Metcalfe Ronald Michell Ed Miller Justin Milne Malcolm OAM Mitchell Serena Mitchell Stephen Molesworth John Molesworth Richard Mollard Jon Mollard Tony Moore Andrew Morandini Frank Morandini Maggie Morgan Alex Morgan Diana AM † Morgan Lynton

THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION

Morgan Marina Morgan Sarah Morgan William Moroney Margie Morris Malcolm OBE Morton Mary Moss Andrea Moss Chris Mulholland Anne Mulholland James Munro Judy Myers Allan AC QC Naktinis Vytautas Nathan David Needle Sarah Newton Pepe Newton Sean Nithipitigan Anek Noble Rob Nontapan-Smith Claire Officer Lew OGGs NSW Branch Osborne Brian O’Shannassy Maurice O’Shannassy Ruth † O’Shea Brian Owen John Owen Selwyn Palmer Liz Palmer Nick Pappas Tassie Parkinson Dorothy Parkinson Howard The Parks Family Parsons Bill Parsons Kate Pascall Philip Paton Ross Patterson Gwyn Patterson Susan Payne Douglas Pearson Guy Peck Jane Peck Simon Pembroke Michael Hon Pender John Persse Georgina Persse Jonathan Phillips Geoff Phillips Sam Phillipson Simon Phillipson Yolande Piltz Detlev † Piper John Pirenc Bright Samantha Pitt Roger Pont Elizabeth Postneck Aija Potter Partners Ltd Prosser Roger Ramsay Andrew Ramsay Robin Ranicar Jeremy Read-Smith Fraser Reed Simon Renwick Chris AM Reynolds Prue Ribeiro Manuela Rice David Richards Kuan Richards Matt Richardson Ian Richardson Michael Richmond-Smith Barbara Riggall Harold Ripper Geoffrey Rippon John

Ritchie Vivienne Ritchie Wendy Robbins Barry Roberts Ian † Robertson Neil Robin Corinne Rockman Lyn Roe Patrick Roper Belinda Roper Kirby Rose Christopher Rose John Rowe John AM Rowe Michael Rudolph Errol Rule Nick Rundle Harry Russell Geoffrey Rutty Helen Sadler Peter Samararatna Sam Sampson Nancy Sampson Nick Santilli Jacqueline Santilli Robert Satar Rizal Seppelt Bill Seymour Bas Sgroi Joe Sgroi Natalie Shanahan John Sheene Stephanie Sherwood Lynne & the Late Sherwood Tim Shier Jonathan Sholl David Slatter Elizabeth Smith Geoff Smith Judy Southey Patrick Southey Rob Spenceley Alan Stevens Mike Stevenson Pam Stewart Margaret Stewart Nigel Stewart Pene Stinson Bob Stringer Bruce Sutherland Charlie Sutherland Ivan Sutherland Liza Sutherland Ross Sutton Stephen Swan James Syme Robin AM Szepe Jane Szepe Philip Tait Nigel Tallboys Roger Tallis Mary Tan Boon Seng Taylor Matthew Taylor Tracy The Hermitage Old Girls’ Association The Scobie and Clare Mackinnon Trust Thomas David Thomson Ross Tinsley Mike Todd Robert AM Townsend David Trethewie Susie Turnbull James † Turnbull Hamish Turner William

GEELONG GRAMMAR FOUNDATION MEMBERS

Haigh Ian Haigh Simon Hamilton Mark † Hancock Arnold OBE Harden David Harden Sarah Hargrave Pat Harkness Merrie Harmanis Kerry Harrison Richard Hattori Fukunori Hawker Mary Hawker Tim Hayward Helen Heathcote Robert Henderson Gavin Henry Belinda Henry David Herbert Ann Herbert John Hesketh Robert Heysen Peter Hibbs Michael Hickson Sam Hirst Michael His Royal Highness The Prince of Wales KG KT GCB OM AK QSO PC ADC Ho Charles Hocking Nigel OAM Hocking Tony Holmes Max Hong Jacob Horsman John Howson Mark Howson Nick Hu Garth Isobel and David Jones Family Foundation J Douglas Family Trust Jamieson Rossi Jankowski Bob Jeffries Jennifer Jeffries Jock Jose Bob Jowett Nathalie Kahlbetzer Johnny Kamat Mary Kang Pei-Yuan Kautzky Roland Kay John Kemp Wendy Kent Michael Kimpton James AM Kimpton Sue King-Siem Bruce Kirwan Michael Knell Mack Knight Rod Koch Fred Kolomanski Daniel Kolomanski Jacinta Koscak-Sadler Jenny Laidlaw Hilary Laidlaw Roy Landy John AC CVO MBE Langley Andre Langley Sally † Lansell Cyrill Lapointe Bob Latreille Anne Lawrence Peter Leahy Elizabeth Learmonth Peter Lee Trevor Legoe Chris AO QC Lemon Andrew

33


↓ GEELONG GRAMMAR FOUNDATION MEMBERS

Tyson James Ullin Sophie Utz Richard Vahl Meyer Erik Vine Ruth Visudhipol Jum Visudhipol Nin Wajsbrem Edward Waldron Ken Walford Nick Wang Jessica Warwick Cameron Warwick Emma Watson Neil Watt Jim Watts Family Weatherly Bill Weatherly Rosemary Webb Ware Ken Weerasooriya Michelle Weerasooriya Rukshen Wendt Michael Whalley Rick White Ed White Mathew White Paddy Wilkinson Bibi † Wilkinson David Willcocks Peter Williams Jonathan Wilson Bruce Wilson Diana Wilson Jim Wilson John Wilson Sam Wilson Will Wilson-Anastasios Meaghan Win Omar Wolstenholme Derek Wolstenholme Frank Wolstenholme Julie Wright Paul Yencken David Yencken Jenny † Young Peter Biddlecombe Society Anonymous (9) Adams John Adams Ros Allen Jim Allen Jocelyn Allen Tony Anderson Bill Anderson Kate Angas Charles Angliss Arthur

Angliss David Apted Ben Apted Jon Backhouse Kim Backwell Lyn Backwell Rob Baillieu Lawrence Batten Tim Bayles Archie Belcher George Belcher Lit Bender Helene OAM Blakeley Tony Bojtschuk Ronald Bowden Annabel Bowden Ivor Brandy Mary Brandy Ron Breadmore Anne Breadmore Jo Bretherton Tony Brown Ian J H Buckingham William Burt Amanda Burt Simon Cabot Edward Calvert-Jones James Calvert-Jones Susannah Charles Arthur AM Chernov Alexandra Clements Elisa Clements Jonathan Cohen Desiree Cohen Tim † Collins Persse Michael MVO OAM Court John AM Cronin Eleanor Cronin Ray Crozier Digby MLC Crummer Patsy Crutchfield Amy Crutchfield Philip Dahlsen John Dow Caroline Dow Chris Dye Geoff Elliott Amanda Endean David Fairbairn Rosie Fairfax John AO Fieldhouse Simon Fraser Michael Gash Nathalie Gillett Charles Gillett Margie Glass Reuben Greig-Rouffignac Susie

Grodski Ben Grodski David Grodski Helen Grodski Lucinda Guest James MLC Haigh Ian Harris Silver Henry Belinda Henry Charles Henry David Hollis Sue Howes Alan Howes Arlene Hunter Sandy Jones Will Kirkwood Jeremy Kirwan Michael Knights Julian AO Koren Chris † Lawson Richard Le Rossignol Gary Learmonth Peter Leek Noelene Lemon Peter Lie Lorie Little Gordon Little Terry Long Michael AM Macarthur Andrew Mackenzie Joan Mackenzie Sandy Mackie William Mackinnon Andrew Mackinnon Richard MacLachlan Hugh Manifold Sarah Mann Geoff Mann Morag Matthews Barry McBain John AO McBain Penny McCulloch Dave McCulloch Indi McCulloch Nick McCulloch Prue McCulloch Sam McCullough Denys McInnes John OAM McIntosh Peter McKnight Sue Mitchell Hartley Mitchell Serena Mitchell Stephen Molesworth John Morris Malcolm OBE Morton Mary Mulholland Anne Mulholland James

Murray Michael Needle Sarah Owen Sally Parsons Barbara Parsons Boz DFC Patterson Andrew Patterson Gwyn Peck Jeff Pembroke Michael Hon Peters Jo † Piper John Poulton Joan Poulton Lloyd Priestley Malcolm Ranken Bill Ranken Katharine Ratcliffe Fiona Riggall Elspeth Riggall Harold Rippon John Ritchie Vivienne Ritchie Wendy Robertson Anne Robertson Denis Robertson Hannah Robertson Mark OAM † Robertson Neil Roper Kirby Rowe John AM Simson Belinda Simson John Southby Janet Southby Richard Staub-Little Nancy Stephens Deryk Stevenson Pam Strazzera Tony Sutherland Charlie Sutherland Ivan Sutherland Liza Swann Mark Tallboys Roger Thornton Michael † Walker Ron AC CBE Williams Jonathan Wilson Diana Wilson Jim Wilson Sam Wilson Will Wolstenholme Frank

MEMBERSHIP LEVELS

34

EMINENT

Nominated by the Foundation Board for honourable service to the Foundation

GOVERNOR

$500,000 or more

GUARDIAN

$250,000 but less than $500,000

PARTNER

$100,000 but less than $250,000

BENEFACTOR

$50,000 but less than $100,000

ASSOCIATE

$20,000 but less than $50,000

MEMBER

$5,000 but less than $20,000

BIDDLECOMBE SOCIETY

Someone who has given notice of an intended Bequest to the Foundation

Interested in joining the Geelong Grammar Foundation? Please contact Joanne Nitz, Executive Director Geelong Grammar Foundation on +61 3 5273 9349 or via email jnitz@ggs.vic.edu.au † Denotes deceased All care has been taken to ensure the accuracy of this list. However, if any error has occurred, please accept our apologies and notify the Advancement Office so that we can amend our records. THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION


Our heartfelt thanks are extended to the following people who have generously supported the Geelong Grammar Foundation during 2018. Gifts were received into the Building, Library, Scholarship and Endowment Funds. Thank you for helping us to assist the students and staff at our School.

Anonymous (43)

Burston Mike Burt Family

A C Allen Jocelyn Allen Peter & Rosemary Allen Richard and Emma Anderson Bill and Kate Apted Jon Armstrong Patricia Australian Independent Schools USA Foundation • Rodas Nadine • Warren Don • Woodberry Seth B Backwell Rob & Lyn Badger Ann Balfour Rachel Ballinger Mary Barraclough Georgina Barry Nigel & Matar Jodie Bartlett Connie Batten Suzie Batters Philippe & Sherryn Baynes Karen Beanham Sandra Beck Sandra Bedggood John Belmont Sally Bennetts Clare Bingley Julie Blazey Clive Bongiorno Anthony & Annie Bostock Andrew Bostock John & Janet Bostock Tom Bowden Annabel Bowden Charles Bowden Ivor Bradica Stefano Braid Edwina Braid Fraser Braid Susan & Christopher Brandy Ron Breadmore Jo Breeze Justin Bretherton Tony Brockman Caroline Bruce Barbara Buckingham Edward Burgess Andrew Burns David

Calvert-Jones Susannah Canny Jane Capper Peter Capper Sandra Cassidy Heather Chaldjian Peter Chomley George Chomley John Clanton-Jones Family Clemons Tim Clyde Old Girls’ Association † Estate of Cobden Richard † Collins Persse Michael MVO OAM Coltman Kay Cook Richard & Juliet Cornish Philip & Caroline Court John AM Coutts Lou Covill Frank Cox Jim Cramer-Roberts Antony Cramond Family Crole Chris Crowe Jane Crummer Patsy Crutchfield Philip & Amy Cudmore Edmee Culley John Curnow Richard D Daley Alan Darling Ian AO & Min Darling James AM Davis Michael De Maria Rennie de Pury Guill Deasey Denis Dillon Martin Dixson Jeremy Dobson Bill Downing Mark Drayton Ann Drysdale Ken & Elaine Ducker Sarah

THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION

2018 DONORS

SUPPORTING THE GEELONG GRAMMAR FOUNDATION IN 2018

E Edwards Bob Edwards Sandy & Family Egan Paul Einam Peter F Ferguson Randall IV Fisher Peter Foletta Geoff Foundyller Charles Fraser Kate Freeman Marcus & Sarah Fullerton Michael Furphy Nean G Galetto Matthew & Kate Gall David Gamble Claire-Lise Garnett Parents Association Garnett Penny Gash Nathalie Geoff and Helen Handbury Foundation Gillespie Tim Gillett Margie & Charles Glamorgan Parents Association Glass Richard & Liza Gove David OAM Grant Sophie Grey Cathie Grills Richard Grills Valerie Gubbins Andrew & Mary H Haigh Alister Haigh Family Hamilton James Hamilton Mark Hammond Peter & Diana Hao Jin Harrison Lady Patricia Harrison Nicholas Harrison Richard Harrison Timothy Hart Geoffrey Hayward Kate Hayward Sam Headon John & Lisa Healey Wendy Heetel Roland

35


↓ 2018 DONORS

Hellier Fiona Henry Charles Henry Robina Hill-Smith Sam & Margo Hingeley Ian His Royal Highness The Prince of Wales KG KT GCB OM AK QSO PC ADC Hocking Felicity Hollingworth Peter AC OBE Holloway Sophie Holmes a Court Paul Holmes Allan & Annabel Honner Sophie Hood Bill & Sal Hope Roland Hopkins Doug Hu Garth Hudson Tom Hunter Sandy Hutton Naida I Ingle Phillip J Jacobs Bronwen Jamieson Belinda Jamieson Rossi Jankowski Bob Janover Genia Jiang Jacky Job Roger & Jackie Jobling William Johns Murray Johnson Warwick Johnston Vera Jones Anne Jones Will K Kautzky-Ullin Family Keats Andy Kent Wayne & Ritchie Kent Sonia Keogh Luke & Chloe Kirkwood Jeremy & Sarah Klempfner David Knights Julian AO Kongsakprasert Sunthorn Koscak-Sadler Jenny L Laidlaw Foundation Landy John AC CVO MBE Langford Ian & Sue Lansell Ric Latreille Anne Le Deux Tony Le Kevin Le Rossignol Gary Learmonth Peter Lee Chien Lee Dow Kwong AO Leek Noelene Lemon Andrew Lemon Peter

36

Lester Harriet Lewisohn John Li Baoyu Lie Lorie Lilburne Ian & Anna Lipman Gerald Lithgow Julie Loriente Angela and Ignatius Los Maryclare Luckock Russell Luo Dan Lynch Antony & Georgina Lyons Lyn M Mackenzie Islay Mackinnon Di MacLachlan Hugh Maddicks Tom Madin Jeremy Manifold Ric Mann Fleur Maple-Brown Amanda & Keenan Catherine Martin Alison Martin-Jankowski Sian Matson Clare Matson Kate Matson Ted & Helen McBain John AO & Penny McCormick Jennifer McCracken Alec & Wendy McCulloch Janet OAM McCullough Denys McEachern Prudence & Hugh McGuinness Jan McInnes John OAM McKeand Peter McKeown Chris McLachlan Jane McMicking Jane Meek Stephen Mellier Angela Mitchell Hartley Mitchell Serena Mo Sylvia Moffatt Gordon AM KSJ Moir Frederick Molesworth Richard & Janny Mollard Jon Montague Noela Moore Alec Moore Andrew Morello Foundation Morgan Hugh AC † Estate of Morgan Lynton Morrison Dougal Morrison Michael Morshead John Morton Mary Mulholland James & Anne Munro Bruce & Judy Murray Michael Myddelton Christine

N Naylor Andrea Nicholls David Nicolson Stuart & Susan Nitz Jo Noble Joanne Nott James O † Estate of O’Connor Betty O’Connor Roderic Officer John & Louise Officer Lew & Diana O’Keeffe Lorraine Orr Geoff Owen John & Sally P Palmer Kerry Parker Luke Parks Tony Pascall Philip Pearson Guy Peart Jim Peck Jeff & Harris Silver Pei Bill Pelham-Webb Duncan Phillipson Yolande & Simon Pierson Family Planner Barry & Pam Pope Ern & Deidre Prior Caroline Q † Estate of Quayle John R Ramsay Dougal Ranken Arthur Ranken Bill Ratcliffe Fiona Raymond Oliver Reid Kate Reid Family Ren Yan & Zhang Lin Reynolds Prue Richardson Tim Ritchie Mark Roach Alison Robertson Bob Robertson Donald & Janette Robertson Hugh & Brigid Robertson Mark OAM & Anne Robinson Jonathan Roydhouse Liz Russell Andy

THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION


Salisbury Peter & Crozier Theresa Santikarn Dejvit Savige Russell Seekamp Tim Sevior Elizabeth Shephard Adam Sherwood Lynne Shi Lei & Zhou Ting Shields Alison Simpson George Simson John & Belinda Sinclair Edwina Slee Philip Smith Kate & Craig Smith Tessa Smith Tony Solomonson Steve Southby Richard & Janet Southey Annabel Southey Patrick Speagle Henry OAM Stephen Marshall Stewart Rob & Dowd Lisa Stinson Bob Strapp Simon Strazzera Tony Swindon Kate Szepe Jane

Wolstenholme Julie Woolcott Dick AC

2018 DONORS

S

Y Yang William Yates Brooke Yeo Siew Yuan Xi & Zhu Weijie Yuan Zhen & Pi Qiao Z Zhang Guang Yu Zhang John Zhang Lin & Ren Yan Zoppolato Mark

T Talbot Mark Tang Henry Taylor Helen † Teng Jing The Hermitage Old Girls’ Association Todd Robert AM Towning Bronwyn V Vaughan Michael Vicars Will & Jane Vickers-Willis Robert & Cathie von Bibra Kenneth AM & von Bibra Berta OAM W Waddy Edwina Wade Jan MLA Walkley Jeremy Wallace Quentin Weatherly Bill Weigall Dick OAM & Jan Wen Jianping & Liu Xinying Wenzel Mary † Wetherall Peter Whalley Michael OAM Whinney Sarah White Ed Wilkinson Bibi Wilson Andrew & Sophie Wilson Anthony Winchester Margaret

THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION

† Denotes deceased All care has been taken to ensure the accuracy of this list. If an unfortunate error has occured, please accept our apologies and notify the Advancement Office so that we can amend our records.

37


↓ WHAT’S NEXT?

S From the EXECUTIVE DIRECTOR Whats Next?

ince Rebecca Cody commenced as Principal there has been an emphasis on listening and working with our community to determine their wishes for Geelong Grammar School’s future. After an intense period of listening, observing and consulting, an exciting new strategic direction has been shaped for the School. School Council has endorsed an associated Strategic Framework, with the implementation to commence in 2019. The new Strategic Framework is bold, offering new and exciting educational opportunities for our students. It is an exciting time at Geelong Grammar School; we look forward to keeping you informed of new developments and the Framework. We were overwhelmed with the support from our generous community during our 2018 Annual Giving programme, raising over $300,000 for scholarships and other programmes such as the Library Fund and exceeding our target of $250,000 in 250 days. It was a history-making campaign, with the highest giving we have ever received. Thank you for your support and for contributing to such a wonderful achievement. With the success of 2018, we are aspiring to have another history-making year. We are embarking on an exciting new initiative – our inaugural GGS Giving Day on Wednesday 12 June 2019. For one day only, every gift made to the GSS Giving Day will be doubled, thanks to the generosity of donors who have committed to match every gift.

Queensland and living on a farm, I have seen firsthand the difficulties with drought and the impact on my own family. It has been such a rewarding experience to personally work with Fiona Ratcliffe (Archer, Je’77) and Roderic O’Connor (P’75) and create awareness and build philanthropic support for such a special scholarship as the Australian Rural and Regional Scholarship. I am humbled that we are more than halfway to reaching our target of $800,000. This is our minimum target, but we are striving for a full scholarship of approximately $2M. The Australian Rural and Regional Scholarship is our Giving Day focus. We hope the success of our GGS Giving Day and donations already received will enable the inaugural Australian Rural and Regional Scholarship recipient to commence in 2021. We will be phoning members of our community on Wednesday 12 June 2019, with the hope of garnering support for this scholarship and other appeals. Our GGS Giving Day goal will be announced within email communication sent to our community in early June. If you are planning to make a tax-deductible gift, please visit the GGS Giving section of the School website and follow the links. Thank you in advance for your support again in 2019 and helping future students, so they too can share in the Geelong Grammar School experience. Jo Nitz Executive Director, Geelong Grammar Foundation

While our community can support any appeal of their interest, such as the Library Fund, we are officially launching a new scholarship to benefit future students from remote, rural and regional areas – the Australian Rural and Regional Scholarship. Growing up in a rural community in

38

THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION


This year was incredibly successful and became more popular as the word spread about the quality of the visiting fellows. The programme is intended to broaden horizons and allow all in the GGS community to listen to exciting speakers who, in their different ways, are significant contributors to society. As a result, in 2019 the programme is increasingly recognised, and will feature high profile speakers such as Lachy Hulme, Geoff Lemon (FB’99), Professor Andrew McNamara and Dr Anita Heiss. We want to thank the generous benefactors, Richard Southby (FB’56) and Janet Southby, without whom the programme would not exist.

WHAT’S NEXT?

The Richard and Janet Southby Visiting Fellows Programme

Donor Recognition Programme Stewardship and building relationships has been our key focus during 2018. We are excited to launch, our brand new Donor Recognition Society. This programme will acknowledge loyal and consistent donors who have supported us at any level over five years or more. We are excited to implement this comprehensive programme, which will fully engage our valued donors. We look forward to providing more information in the second half of 2019.

A Focus on Scholarships Through our Scholarships Programme we are proud to provide life-changing opportunities. In 2018 the Foundation provided 53 scholarships and moving forward, scholarships will continue to be a focus. It is remarkable that almost 25% of our secondary students benefit from financial assistance through our Scholarships Programme. In 2019, we have two inaugural scholarship students commencing at Timbertop through the Tommy Garnett and Gordon Moffatt Scholarships. Gordon is currently in the process of funding a future second scholarship. We are also establishing the Handbury Family Scholarship, which will benefit students from rural communities. We are striving to offer more scholarships to students who would not otherwise have the opportunity to experience a GGS education. Thank you for supporting the Geelong Grammar School Scholarships Programme; your gifts make it possible for our students to go further than they ever thought possible. We are so grateful, and thank you for creating a meaningful difference in the lives of so many.

Tommy Garnett Scholarship Launch

The Geelong Grammar Foundation, in collaboration with Geelong Grammar School, launched the Tommy Garnett Scholarship, at the School for Performing Arts and Creative Education on Friday 2 March 2018 with over 70 people in attendance. It was also a wonderful occasion to celebrate the life of Tommy Garnett (Headmaster 1961-73), his contribution to Geelong Grammar School and the introduction of co-education during his leadership. The Foundation is proud to honour Tommy Garnett through the Tommy Garnett Scholarship in his memory. The scholarship has now been awarded, and the student commenced their journey at Timbertop in 2019. THE IMPACT OF YOUR GIVING 2018 - GEELONG GRAMMAR FOUNDATION

39


“I am sure that the present generation will help the School tremendously into the future, just as others have in the past. I do not think there is anything more important than a true and, if possible, exceptional education.� Michael Collins Persse MVO OAM

Jo Nitz Director of Advancement Executive Director of Geelong Grammar Foundation t:

+61 3 5273 9254 e: jnitz@ggs.vic.edu.au

Rebecca Takle Senior Advancement Manager Advancement Office

Helen Beasley Relationship Coordinator Advancement Office

t:

t:

e:

+61 3 5273 9625 rtakle@ggs.vic.edu.au

e:

+61 3 5227 6297 hbeasley@ggs.vic.edu.au

Garry Pierson Associate Director Advancement Office

Josephine Tito Assistant to the Director of Advancement Advancement Office

Kimberley Maher Senior Advancement Administrator Advancement Office

t:

t:

t:

e:

+61 3 5273 9136 garryp@ggs.vic.edu.au

e:

+61 3 5273 9349 jtito@ggs.vic.edu.au

e:

+61 3 5273 9318 kmaher@ggs.vic.edu.au

www.ggs.vic.edu.au


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