Financial Report
20 14
World renowned for its research into infant, child and adolescent health, our world-class team of 1500 researchers is dedicated to making discoveries to prevent and treat common and rare childhood conditions. We also collaborate with teams nationally and internationally to answer child health problems quickly and to make an even greater impact on the health of children around the world. Today the health of children is challenged by issues such as obesity, allergies, diabetes, cancer and mental health. As the largest child health research institute in Australia, Murdoch Childrens is well positioned to make ground-breaking discoveries and translate them into treatments and cures to help ensure current and future generations of children are healthy.
2014 Financial Report MURDOCH CHILDRENS 1
CONTENTS 01
FINANCIALS AT A GLANCE
03
STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2014
05
STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2014
07
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2014
09
MAJOR DONORS
10
EVENT SPONSORS & PRO BONO MAJOR CORPORATE PHILANTHROPY
11
DONORS
13
ESTATES & BEQUESTS
Murdoch Childrens Research Institute Financials at a glance
Donations, fundraising & bequests 11 Clinical services
Finance income
%
3%
22%
Contract research & clinical trials
7% 7%
Revenue
Other research income
Government & other research grants 50%
2014
2013
$ (Mil)
$ (Mil)
REVENUE Government and other research grants
Clinical services
24.29 23.44
Donations, fundraising and bequests
11.91 7.00
Finance income
3.86 3.68
Contract research and clinical trials
8.32 8.90
Other research income
Total Revenue
111.69 104.55
We are grateful for the support of the Victorian State Government’s Operational Infrastructure Support Scheme
1 MURDOCH CHILDRENS Financial Report 2014
55.82
51.53
7.49 10.00
2% Fundraising Clinical services
20%
Administration
7% 11%
Facility, technical & scientific services
Expenditure Research expenditure
60%
2014
2013
$ (Mil)
$ (Mil)
EXPENDITURE Research expenditure
Clinical services
22.31 22.58
Fundraising
1.64 1.31
Administration
7.69 7.21
Facility, technical and scientific services
11.71 12.05
Total Expenditure
108.71 102.36
65.36
59.22
2014 Financial Report MURDOCH CHILDRENS 2
Murdoch Childrens Research Institute and its controlled entities Statement of Comprehensive Income for the year ended 31 December 2014 CONSOLIDATED
THE COMPANY
2014
2013
2014
2013
$
$
$
$
Revenue from research and clinical activities
93,877,155
72,623,306
70,435,550
Depreciation and amortisation
(6,687,969) (5,635,262)
(5,466,186)
(4,817,210)
Other expenses for research and clinical activities
(100,381,193) (95,409,072)
(79,290,234)
(73,650,670)
Surplus/(Deficit) from research and clinical activities
(7,167,179)
(12,133,114)
(8,032,330)
Donations, Estates and Bequest and Fundraising income
11,914,400 6,996,756
11,914,400
6,996,756
Fundraising expense
(1,638,648) (1,310,832)
(1,638,648)
(1,310,832)
Net surplus obtained from Fundraising Activities
10,275,752 5,685,924
10,275,752
5,685,924
Net Finance income/(expense)
3,856,359 3,678,667
3,708,972 3,525,440
Operating surplus for the period 2,976,647 2,197,412
1,851,610 1,179,034
3 MURDOCH CHILDRENS Financial Report 2014
95,913,698
(11,155,464)
CONSOLIDATED
THE COMPANY
2014
2013
2014
2013
$
$
$
$
Other comprehensive income: Items that may subsequently be reclassified to profit or loss:
Net change in available for sale financial assets
Total comprehensive surplus for the period
3,642,054 4,003,973
665,407 1,806,561
665,407 1,806,561
2,517,017 2,985,595
2014 Financial Report MURDOCH CHILDRENS 4
Murdoch Childrens Research Institute and its controlled entities Statement of Financial Position as at 31 December 2014 CONSOLIDATED
THE COMPANY
2014
2013
2014
2013
$
$
$
$
CURRENT ASSETS Cash and cash equivalents
17,714,672
19,340,051
12,085,261
Trade receivables and other assets
11,351,245 11,619,861
8,497,293
9,261,847
Other investments
20,918,395 20,448,472
20,358,217
19,898,336
Total current assets
58,728,301 49,783,005
48,195,561 41,245,444
Trade receivables and other assets
63,048,660
61,707,199
63,048,660
Other investments
41,587,358 38,826,385
41,587,358
38,826,385
Property, plant and equipment
17,773,546 17,766,105
14,198,218
14,246,447
Total non-current assets
121,068,103 119,641,150
117,492,775 116,121,492
Total assets
179,796,404 169,424,155
165,688,336 157,366,936
26,458,661
NON-CURRENT ASSETS
5 MURDOCH CHILDRENS Financial Report 2014
61,707,199
CONSOLIDATED
THE COMPANY
2014
2013
2014
2013
$
$
$
$
CURRENT LIABILITIES Trade and other payables
Employee benefits
10,841,739 10,082,282
Total current liabilities
45,236,417 38,823,948
39,100,986 33,510,649
Employee benefits
1,384,901 1,170,855
Total non-current liabilities
1,739,128 1,421,402
Total liabilities
46,975,545 40,245,350
40,485,887 34,681,504
Total assets
132,820,859 129,178,805
125,202,449 122,685,432
Accumulated funds
123,018,948 121,167,338
Fair value reserve
2,183,501 1,518,094
2,183,501
1,518,094
Translational Research fund
39,545 39,545
-
-
Total members’ funds
132,820,859 129,178,805
125,202,449 122,685,432
34,394,678
28,741,666
32,076,377 27,427,830 7,024,609
6,082,819
NON-CURRENT LIABILITIES 1,739,128
1,421,402
1,384,901
1,170,855
MEMBERS’ FUNDS 130,597,813
127,621,166
2014 Financial Report MURDOCH CHILDRENS 6
Murdoch Childrens Research Institute and its controlled entities Statement of Cash Flows for the year ended 31 December 2014 CONSOLIDATED
THE COMPANY
2014
2013
2014
2013
$
$
$
$
CASH FLOWS FROM OPERATING ACTIVITIES Patient fees
16,537,981
-
-
Government and other grants received
67,079,570 63,693,281
59,515,121
55,272,200
Donations received
11,917,436 7,003,088
11,914,400
6,996,756
Interest received
972,162 911,563
853,499
791,563
Other receipts
15,260,356 15,899,723
17,210,356
17,779,728
Advances to (from) related parties
- -
434,068
(527,302)
Cash paid to suppliers and employees
(100,705,803) (95,423,171)
(79,574,731)
(74,774,669)
Net cash provided from/ (used in) operating activities
13,090,641 8,622,465
10,352,713 5,538,276
18,566,920
CASH FLOWS FROM INVESTING ACTIVITIES Investment income received
328,752 411,693
300,028
398,845
Proceeds on sale of investments (1)
-
6,577,632
Acquisition of property, plant and equipment
(5,353,949) (3,964,319)
(4,076,496) (3,020,574)
Acquisition of investments
-
(8,136,005)
Net cash provided from/ (used in) investing activities
(3,776,468)
(4,180,102)
7 MURDOCH CHILDRENS Financial Report 2014
- 6,577,632
- (8,136,005) (5,025,197)
(5,110,999)
CONSOLIDATED
THE COMPANY
2014
2013
2014
2013
$
$
$
$
CASH FLOWS FROM FINANCING ACTIVITIES Repayment of borrowings
Net cash used in financing activities
- -
- -
Net increase/ (decrease) in cash and cash equivalents
8,065,444 3,511,466
6,576,245 1,358,174
Cash and cash equivalents at 1 January
17,714,672
13,709,229
12,085,261
10,233,110
Effect of foreign exchange on opening cash balances
678,545
493,977
678,545
493,977
Cash and cash equivalents at 31 December
-
-
26,458,661 17,714,672
-
-
19,340,051 12,085,261
(1) Relates to transfer of funds to/from investment managers and excludes cash flows from acquisitions and disposals of investments made by external fund managers.
2014 Financial Report MURDOCH CHILDRENS 8
Donors Major donors
Andrea Joy Logan Trust Fund Mr Christopher & Ms Melissa Goode Australian Camps Association Australian Communities Foundation Sir James Balderstone Ballandry Fund Beck Family Foundation Bellwether Foundation Mr & Mrs Daniel & Danielle Besen Mr & Mrs Graham & Robyn Burke Mr John Calvert-Jones AO & Mrs Janet Calvert-Jones AO Calvert-Jones Foundation The Cameron Family Foundation The Campbell Edwards Trust Cancer in Kids Auxiliary (CIKA) Mr & Mrs Mark & Lisa Chiba Children’s Cancer Foundation Mr Leigh Clifford AO & Mrs Sue Clifford
Mr Ian Kennedy AM & Dr Sandra Hacker AO Kilwinning Trust Mr & Mrs Craig & Connie Kimberley The Kimberley Foundation Miss Marj Lefroy Dr & Mrs George & Joan Lefroy Mr Sam Riggall & Ms Nichola Lefroy Ms Cassy Liberman & Mr Ben Krasnostein Limb Family Foundation Mr John Brian Little Macquarie Group Foundation The Magdalene Foundation The Miller Foundation Muscular Dystrophy Australia Cr Ken Ong & Ms Lin Ong Mrs Roslyn Packer AO Mr & Mrs Rowly & Judy Paterson
Collier Charitable Fund
Ms Joyce Phillips
Mr Laurence G Cox AO & Mrs Julie Ann Cox
Pierce Armstrong Trust Mr Anthony Pratt & Ms Claudine Revere
The Hon. Mrs Ashley Dawson-Damer AM
RCH1000
DHB Foundation
Red Kite
Mr Stephen Farmer & Professor Amanda Fosang
Royal Children’s Hospital Foundation
Ms Katrina Fox
Mr & Mrs Gerry & Valerie Ryan
Mr & Mrs Lindsay & Paula Fox The Fox Family Foundation Galexer Mr & Mrs Michael & Helen Gannon Geoff & Helen Handbury Foundation A/Professor Andrew Heggie The Invergowrie Foundation The Isabel & John Gilbertson Charitable Trust
Mr Adam Ryan Mrs Pamela Sargood The Scobie & Claire Mackinnon Trust A/Professor Joe Smolich Mrs Teresa Smolich Stafford Fox Medical Research Foundation Steven Walter Children’s Cancer Foundation The Sunraysia Foundation
The Isabella & Marcus Paediatric Brain Stem Tumour Fund
Professor Alasdair Vance
Jeffrey & Helen Mahemoff Endowment
Mr & Mrs Lloyd & Susie Williams
Mr David Jenkins & Ms Fran H Lefroy The John & Myriam Wylie Foundation The John Barnes Foundation
Vincent Chiodo Charitable Foundation The Wolf Foundation Mr Jason Yeap OAM & Ms Min Lee Wong
9 MURDOCH CHILDRENS Financial Report 2014
Event sponsors & pro bono
Major corporate philanthropy
Ace Radio Broadcasters
Australian Care and Trauma Services Inc.
Buzz Products
Big W
City of Melbourne
BUPA Australia
Coates Hire
Buzz Products
Cotton On Kids
CAF Community Fund
FOXTEL
Count Charitable Foundation
Fox Sports Pulse
Federation of Chinese Associations Incorproated
Giant Inflatables Grandiflora Harry the Hirer Hatched Media Herald Sun Interprop Investments IOOF Kwik Kopy Braeside Leader Community Newspapers News Corp Nova Entertainment oOh! Media Group Pages Event Equipment
Fight Cancer Foundation FOXTEL News Corp Outdoor Council of Australia Parmalat Thalassaemia Australia Inc Thalassaemia Society of New South Wales Tour de Cure Victorian Medical Insurance Agency Limited Opera Australia
Parmalat Seek.com Splitrock Village Roadshow Limited Wingate Group Yabby Lake Wines
2014 Financial Report MURDOCH CHILDRENS 10
Donors A Mr & Mrs James & Anna a’Beckett Mr Bruce Abbott Elizabeth Aickin Aidan & Oliver Biggar Cystic Fibrosis Fund Alex Perry Ms Laura Anderson Audi Penfold
Mr & Mrs Peter & Jan Clark
The Good Guys Foundation
Mr & Mrs M & C Clough
Mrs Louise M Gourlay OAM
Mrs Carole Coad
Mr & Mrs Ross & Josephine Green
Mr & Mrs Trevor & Heather Cohen
Mrs Elaine Greenhall
Mr & Mrs John & Christine Collingwood
Mr Peter H Greenham
Mrs Helen M Collis
Mrs Rosemary A Griffith
Ms Carolyn Comito Mr Vincent Comito
Mr Tim Aurel-Smith
Ms Sharon Cowin
B
D
Mr & Mrs Marshall & Judy Baillieu Mr & Mrs Angus & Ariane Barker Mr Peter Barnett Ms Edwina Bartholomew Mr & Mrs Michael & Melissa Bartlett Mr & Mrs Paul & Sharon Bassat Bay Road Nursery Mrs Gillian Beaurepaire Mr & Mrs Albert & Nyra Bensimon Dr Bligh Berry BHP Billiton Bio Tools
Mrs Susan Dahlsen Mrs June Danks A/Professor Andrew Davidson Ms Lara Davis Dr Charles Day & Ms Elise Everest Dr Annette Domanti Mr Denis Dowty
E The E Kornhauser Charitable Foundation Mr & Mrs Luke & Simone Edgley Mrs Meredith Evans
Ms Kirsty Bloore
Eyecare Plus
Mr & Mrs Brian & Helen Blythe
F
Maureen Booker Mr Stuart Boxer Mr & Mrs Malcolm & Janet Brodie Mr Paul Brotchie
C Mr Nicholas Callinan Carey Baptist Grammar School
Farstad Shipping Mrs Joan Fell Mr & Mrs Robert & Bernadette Fitzgerald The Flew Foundation Mr Nick Fordham Dr & Mrs John & Diana Frew
Caritas St OSwald’s
G
Mr & Mrs Barry & Suzi Carp
Ms Neilma Gantner
Mr Steven Casper & Ms Ilana Wald
Mr & Mrs Ross & Judith Gardner
Mr Michael Cassel
Mr & Mrs John & Gaye Gaylard
Mr Timothy Chambers
Mr & Mrs Raphael & Fiona Geminder
Professor Andy Choo
Ms Julie Gibbs
Mr & Mrs Vincent & Mui Khim Chow
Mrs Sonia Gilderdale
11 MURDOCH CHILDRENS Financial Report 2014
Mr Paul Grifa
H Mr Maurice E Hall Mr Reg Hall Mr & Mrs Kevin & Sue Hannan Ms Gillian Harrex Mr & Mrs Martin & Kristin Haskett Mr & Mrs Geoffrey & Dorothy Heeley Mr Solly Hendler Mr & Mrs William & Rea Hodgson Mrs Debra Holmes Mr & Mrs Patrick & Susan Houlihan Mr Timothy Hovey Ms Gillian Hund Mr Darvell M Hutchinson AM Professor John Hutson Mr & Mrs Rob & Rosemary Hyde
J Mr & Mrs Guy & Karin Jalland Mr & Mrs Craig & Toni Joel John P McPhee & Associates Miss Alyssa Jones
K Mrs Dorothy Karpin Mr Nicholas Kee Mr & Mrs Larry & Sophie Kornhauser
L Mr John Landy AC CVO MBE & Mrs Lynne Landy Mr & Mrs Mark & Frederika Laurie Mrs Jennifer Lempriere Ms Denise Livingstone Ms Jocelyn Lovegrove
M Macarty & Norris Smash Repairs Ms Christine MacGill Maitland High School Marriner Group Ms Edwina McCann Mr & Mrs John & Julie McPhee Mercedes Benz Metro Gallery Manju Mittal Mr & Mrs Dean & Kate Mohr Monash Parkville Postgraduate Association Mr Baillieu Myer AC & Mrs Sarah Myer Mr Rupert Myer AM & Mrs Annabel Myer
N NAB Ms Carly Neish Dr Philip Neri Mr John Nolan NSW RSL Lawn Bowling Association Zone 11 Mrs Genevieve Nunan
O Cr Ken Ong & Ms Lin Ong
Mr Grahame Pratt
Mr & Mrs Rodney & Donna Ravenscroft Ms Helen Reed
Mr & Mrs John & Michelle Valmorbida Victoria Law Foundation Vodafone Foundation Australia
Mrs Margaret Reid
W
Professor Sheena Reilly & Mr Paul Bethell
Wavelength International
Mrs Sue Ritchie
Mr Kelvin Wearn
Mr Michael Robinson AO & Mrs Judith Robinson
Mrs Heather Whee Ms Georgia Widdup
Mrs Belinda Roper Dr & Mrs Paul & Gay Rosen
Mr & Mrs Bruce & Christine Wilson
S
Mrs Nancy Wood
Mr & Mrs Ron & Joan Wilson
S H Stuart & Hunt
Y
The SANDEL Foundation
Mr & Mrs Edward & Mandy Yencken
Miss Carly Shaw Short Statured People of Australia
Z
Mr Leon Skaliotis Professor Richard Smallwood AO & Mrs Carol Smallwood
Mr Peter Zwar
Mr & Mrs Graham & Annette Smorgon
Donations of $500 and more are listed.
Mr & Mrs Rodney & Ann Smorgon Lady Marigold Southey AC
Mr Matthew Starick
Mrs Natalie Palmer
V
Ms Sylvia Ralston
P Ms Maria Paikos
Mr & Mrs Patrick & Margaret Upfold
RACV Club
Specialist Clinic Pharmacy
Mr & Mrs Arthur & Heather Paikos
UniSuper Management
R
Ms Gillian Ormond
Paediatric Integrated Cancer Service
U
Lady Primrose Potter AC
Mr Neil Spitzer STAUFF Corporation Mr & Mrs Grant & Terri Stephenson
T
Mrs Margaret Partridge
Mr & Mrs Gregory & Janice Taylor
Professor David Penington AC & Dr Sonay Hussein
Telstra Mr Stephen Thatcher
Ms Sophie Pennington
Ms Marie Thiele
The Peter Isaacson Foundation
Mr & Mrs Peter & Debbie Thomas
Plastics Pioneers
Ms Bernadette Thorley
Portico No2
Mr Huu H Tran Quyen Tran 2014 Financial Report MURDOCH CHILDRENS 12
Estates & bequests Estate of Nance Elizabeth Creaton Estate of Olive Pond Estate of LI Roach Estate of Margaret Wilby Estate of Gwenda Ann Wilson
In memory of Greg Fountain
In memory of Ann Kelleher
In memory of Indiana Orlando
Ms Robyn Ferguson
In memory of Caroline Cronk S2SL
In memory of Claire Cook Miss Ashlen Harrop
In memory of Clementine Whinney Mrs Anne Whinney
In memory of Derek Philpott Mrs Lisa Forbes
In memory of Dot Miekle Mr & Mrs William & Joann Meikle Sylvania Tai Chi
In memory of Dr Anthony Hill Mrs Sara Chooi Dr Malcolm Dodd The Hony Family Mrs Soumela Horomidis Mrs Ann Rogers Mr & Mrs John & Sandy Smith Mr Ronn Taylor Dr Aovana Timmerman
In memory of Dr Robert M McAlister Mrs Robyn McAlister
In memory of Elizabeth Hassell Mrs Dinah Krongold
In memory of Emma Ritchie Mrs Sue Ritchie
In memory of Fred Romeo Mr Guy Romeo
Mr Thomas King
In memory of Hope Brook Neil Mr & Mrs Peter & Rachel Neil
Mr & Mrs Ross & Judith Gardner
In memory of Jake Bond Ms Kerrie County
In memory of John Alexander (Jack) Edney Mr Stephen Giles Ms Judy Jessop Mrs Marie Rundell Ms Juiliet Tilson Mrs Dorothy Timmins Mr David Wood
In memory of Joy Tohill Mr Anthony Tohill
In memory of Lachlan Barit Dr Patrishia Bordbar
In memory of Levi McCormack Mrs Renee Adam Mr Lane Archibald Mrs Kaylene Baretta Ms Maggie Beer Mr Max Bosotti Mrs Ingrid Bracken Mrs Carol Brassett Miss Rebecca Chance The Church Of Jesus Christ of Latter-day Saints Australia Mr Glen Crosbie Ms Dianne Dayhew Ms Melissa Devsam Ms Anne Dooley Mrs Leisa Earngey Mrs Renee Fogg Professor Richard Gerlach Mr David Gillies Ms Lisa Gorey
13 MURDOCH CHILDRENS Financial Report 2014
Ms Joedy Gray Mr Roger Gray Ms Kathy Harrison Miss Rebecca Howard Ms Nicole Humphries Miss Danielah Iacono Mrs Bernice Johnson Mrs Fiona Jones Ms Erin Karsten Kenthurst Preschool Mrs Fiona Larin Ms Choo Gim Lee Miss Tyra Levison Ms Deborah Maddigan Maitland High School Miss Tatian Makarenko Mr Ahmad Marji Mr Fletcher Marquet Ms Hope McGarry Manju Mittal Mrs Tracy Painter Mrs Natalie Palmer Mrs Janine Perrett Mrs Margaret Phelan Mrs Samantha Redhead Mrs Lauren Richardson Miss Samantha Robertson Rouse Hill Public School Mrs Caroline Rumore Ms Christine Schubert Mrs Diane Smith Mrs Linda Smith Specialist Clinic Pharmacy Ms Naomi Stewart Mrs Jodi Stringer Mr Wai Suen Mr & Mrs John & Noleen Swift TalentConnection Mrs Heather Tedstone Toshiba Australia Ms Michelle Trembath Mrs Kylie Tsa Miss Liesel Wakeley
In memory of Lillian May Watts Mr & Mrs John & Wendy Miles Ms Irene Rippingale
In memory of Matthew Paikos Ms Maria Paikos Mr & Mrs Arthur & Heather Paikos
In memory of Michael Filippone Ms Linda Amato Mr & Mrs Vito & Aurora Amato Ms Anna Anastasiou Mr Ken Bartlett Ms Joanne Basilone Mr & Mrs Julian & Susie Battistella Mr Mark Betts Mr & Mrs Terry & Molly Birch Mr Neil Braybrook Mr & Mrs Nino & Lucia Brumale Mr & Mrs E & I Brumale C Carmela Mr & Mrs Angelo & Santina Cataldo Vita Cesile & Lidia Ziccarello Ms Emily Craig S De Petro F & L DePetro Mr & Mrs G & M Dimauro V Failla Ms Rosa Fazzari C & G Ficarra Mrs Joanne Filippone Mr & Mrs S & A Frazzetto Mr & Mrs Jack & Tina Furci Ms Rose Garra Mr Salvatore Giampiccolo G R Guzzardi Guzzardi Fine Foods Ms Melinda Hall Interact Marketing Mr Con Ippolito Ms Giovanna Kusanic Mr John Lamicela Ms Tuyet-Anh Le Ms Maria Lentini Mr Antonino Licciardello Mr Frank Lombardo Mr & Mrs John & Sam Lykopolos Ms Marilyn Maggiore Mr Franco Mangano S & G Mangano Ms Angela Maraventano Marcus Constructions
Mr & Mrs Joe & Rina Milana Mr & Mrs Carlo & Maria Milana Mr & Mrs Gerald Milana Mr & Mrs Maurizio & Lisa Muccio Mr & Mrs Scott & Maria Nicey Mr Vito Pappa Mr Gregorio Pappa Mr Vito Paterno Mr & Mrs Gregorio & Melina Paterno Mr & Mrs Geoff & Mira Riddle Mr & Mrs Dominc & Giovanna Roperto Mr & Mrs N & S Sacco Mr & Mrs Don & Vitina Santilli Mr & Mrs Adam & Diana Santilli Mr & Mrs Giovanni & Lina Scacco T Silluzio Mr & Mrs Tony & Carmel Singarella Mr & Mrs John & Nina Singarella Mr & Mrs S & M Singarella Mr Russell Smith FG Sortino Ms Angela Srour Ms Vita Stancati S V Terlato Mr Silvano Tivisini A & M Tota Mr & Mrs Chris & Jo Tsakmakis F Tuan G & F Tuccio Ms Sabina Turco Mr Sam Ventura Mr Giuseppe Ventura Mr & Mrs Charles & Rosetta Vraca Ms Roza Zileski Mr & Mrs Beau & Marie-Anne Zlatkovic
Mel Murphy Mrs Santi Sherry Mrs Deanne Sutherland Ms Denise Turcinor Mrs Lisa White
In memory of our little brk. Dr Tom Rowlands
In memory of Paul Kilrane Mr Raymond Kilrane
In memory of Phillip George Beaumont Mr & Mrs R & Irene Brown
In memory of Raewyn Phillis Biggar Mr Colin Chipperfield Mrs Pamela Muddiman Mr & Mrs Paul & Petra Taylor
In memory of Scarlet Soutar Ms Jennifer McMartin
In memory of Shaun Nicholas Martin Mr & Mrs Ken & Irene Redman
In memory of Sian Claire Wilson Estate of Gwenda Ann Wilson
In memory of Mrs Marr Mrs Gay Ross
In memory of Ollie Jack Schram Ms Sarah B Ms Kayleen Fisk Mrs Colleen Henderson Ms Louise Johnson Mr Steven King Mr Brett Matthews Mrs Ann McCann Mrs Natalie McPherson 2014 Financial Report MURDOCH CHILDRENS 14
In celebration of Alison Anh Ho’s Birthday
In celebration of Coco Sable’s Bat Mitzvah
Mrs Quyen Pham Mr Trung Le Ho
Dr Andrew Pepicelli Mr & Mrs Michael & Vanessa Herskope
In celebration of Chloe Hamersfeld’s Bat Mitzvah
In celebration of Dion Zilic’s Christening
Mr & Mrs Albert & Nyra Bensimon Mrs Pamela Czarny Ms Michelle Meisels Ms Natalie Cooper Oded Kleifeld Mrs Hayley Krongold Mrs Leisl Leighton Dr Karin Leder Mrs Natasha Mitsel Ms Kate Davis Mrs Karolin Freedman Ms Katie Vidor Miss Cassie Ossip Mrs Suzanne Hendel Mr Robert Minc Ms Janett Egber Mr & Mrs Alan & Roxanne Kozica Dr & Mrs Morry & Jeneatte Dvash Mr & Mrs Gideon & Debbie Poratt Ms Joanne Star Mr & Mrs Gary & Kerryn Velleman Mr & Mrs Simon & Jane Hayman Mr Steven Casper & Ms Ilana Wald Mr & Mrs Glen & Natalie Sheezel Mr & Mrs Tony & Jennifer Smorgon Mr & Mrs Barry & Suzi Carp Mr Andrew Rettig & Mrs Amanda Briskin-Rettig Ms Emma Rosenberg Mr & Mrs Mark & Amanda Gardy Mr & Mrs Brandon & Davina Chizik Mr & Ms Richard & Danielle Davies Mr & Mrs Zac & Rebecca Fried Mr & Mrs Raphael & Fiona Geminder Mr & Mrs Daved & Karen Lambert Dr & Mrs Larry & Sally Benge Mr & Mrs Tony & Kate Beaconsfield Mr & Mrs Tim & Romy Bursztyn Mr & Mrs David & Sally Casper Dr & Mrs Danny & R Ben-Eli Mrs Gretchen Grodski Mr & Mrs Jonathan & Kelly Gelfand
Mr & Mrs Francesco & Margaret Schiavone
In celebration of Gabriel Harris’s Bar Mitzvah Mr & Mrs Tony & Jennifer Smorgon
In celebration of the birth of baby girl Aarons Mrs Kati Tribe Monica Patterson
In celebration of Jade Swiatlo’s Bat Mitzvah Mr Noah Bajayo Miss Jaye Blumenthal Mr Lachlan Durra Miss Isabella Ehrlich Mr Benjamin Goldberg Mr Declan Joseph Eli Kalifa Mr Jonah Katranski Mr Braydon Lustig Mr Benji Malkinson Mr Samuel Rosen Miss Coco Sable Miss Ashira Silverstone Mr Saul Tanne Miss Jaimee White Miss Amber Berkowitz Miss Ashleigh Krawitz Miss Gemma Ludski Mr & Mrs Dean & Ellie Smorgon Mr & Mrs Mark & Susannah Swialto Mr & Mrs Richard & Danielle Davies Mr & Mrs Cohen Efron Family Foundation Mrs Samantha Nagel Mrs Lara Jankelowitz Ms Michelle Herring Mrs Jacqui Felbel Mrs Sharon Simon
15 MURDOCH CHILDRENS Financial Report 2014
Mr Ezra Adno Michelle Reichenberg
In celebration of Nicholas Joel’s Bar Mitzvah Mr & Mrs Ross & Gina Copeland Mr & Mrs Eric & Carli Cohen The Tony & Gwenyth Lennon Family Foundation Mr & Mrs Greg & Sarah Sharman Ms Vicki Kagan & Mr Tonny van Haarstert Ms Sonia Brodman & Mr Samek Rychter Ms Maree Wray Mr & Mrs Moshe & Norah Elkman Mr & Mrs Justin & Galit Ben-David Mr & Mrs Jack & Tess Lloyd Mr Scott Llewelyn Mr & Mrs Brian & Natalie Hamersfeld Mr & Mrs Peter & Kim De Winter Mr Andrew Vidor & Ms LJ Ryan Mr & Mrs Mark & Amanda Gardy Mr & Mrs Barry & Suzi Carp Mr & Mrs Mark & Jodie Holckner Mr & Mrs Raphael & Fiona Geminder Mr & Mrs Norman & Pauline Bloom Mr & Mrs Tony & Kate Beaconsfield Mr & Mrs David & Amit Holckner Mr & Mrs Avi & Sandy Waislitz Mr & Mrs Jacob & Debbie Weinmann Mr & Mrs Grant & Debra Cohen Mr & Mrs Quentin & Amanda Miller Mr & Mrs Peter & Emma Robenstone Mr & Mrs Tony & Helen Gandel Mr & Mrs Craig & Toni Joel Mr & Mrs Stephen & Lisa Jolson Mr & Mrs Wayne & Galit Krongold
In celebration of Sophie Sprott’s Christening Mr Tim a’Beckett
In celebration of Alexander Cornish and Stephanie Kroger’s Wedding Mr Darren Burton & Mrs Joanna Iwaniw Miss Kate Lehane Mrs Phoebe McComas
Mrs Linda Kerr Mr & Mrs Ross & Josephine Green Mr & Mrs Martin & Kristin Haskett Mrs Jennifer Lempriere Ms Annabelle Eaton Mrs Máire Forster Miss Louise Westle Mrs Susan Brookes Mrs Stephanie Russell Miss Stephanie Kelaher Mr David Inglis Mr Mark Wilmot Mrs Annemieke Gamser Mr & Mrs Jonathan & Jane Roberts Ms Rebecca Brown Mr & Mrs Stewart & Wendy Westle Elizabeth Aickin Mr & Mrs Nicholas & Melissa Myer Dr Neil Vallance Miss Isabella Curtis Miss Sophie Ahern Ms Kellie Manton Miss Jessica Trezise Ms Elliet Spring Mr & Mrs Michael & Helen Gannon Mr Graeme Samuel AC & Mrs Jill Samuel Mr Andrew Kitchen Mr Ryan Kagan Mr Tim Aurel-Smith Mr & Mrs Guy & Karin Jalland Mr & Mrs John & Lisa Steven Mr & Mrs John & Michelle Valmorbida Mrs Helen Ingram Mr Adrian Cannata
In celebration of Jan Parsons’ Birthday Mrs Tania Newcombe
In celebration of Jeffrey Mahemoff’s Birthday Mr & Mrs Leon & Viv Serry Mr & Mrs Stephen & Betty Briggs Mr & Mrs David & Rhonda Jacobson Mr & Mrs Bori & Helen Liberman Mr & Mrs Barry & Kaye Fink Mr & Mrs Joe & Pam Bursztyn
In celebration of Lyndall Rosengarten’s Birthday Mr Mervyn Silverstein
In celebration of Simon Ash’s Birthday Mr & Mrs Peter & Rosie Hersch
In celebration of Cassy Liberman’s Birthday Mrs Gina Samuels Mr Ion Teska & Ms Monique Rosshandler Mr & Mrs Tal & Victoria Goldman Mr & Mrs Michael & Shanit Borsky Ms Eshell Baron
In celebration of Jade Swiatlo’s Bat Mitzvah Tony Gordon Mrs Andrea Golshevsky 2014 Financial Report MURDOCH CHILDRENS 16
Thank you to our corporate partners which supported us in 2014. Our corporate partners provide significant financial support for our research as well as helping promote the Institute to new audiences. Philanthropic funding from organisations allows us to seed fund new ground breaking research into the big health issues currently affecting Australian children. For further information visit www.mcri.edu.au/get-involved/corporate
Tomorrow’s cures need your donations today You have the power to help the Murdoch Children Research Institute save kids’ lives. With your support, our researchers can continue to discover cures for conditions including diabetes, cancer, allergies, premature birth, obesity and genetic conditions. Donate today. 1300 766 439 | www.mcri.edu.au
Murdoch Childrens Research Institute The Royal Children’s Hospital Flemington Road, Parkville Victoria 3052 Australia Phone +61 3 8341 6200 Fax +61 3 9348 1391 www.mcri.edu.au ABN 21 006 566 972