New Zealand Gazette – 2007 – No. 100

Page 2714

✨ Community Trust Annual Report



NEW ZEALAND GAZETTE, No. 100

13 SEPTEMBER 2007

Trustees

In May 2006, the trust farewelled Peter McIlraith, Carole Brand and Huriata Weeks. Peter McIlraith served the trust for 12 years and led the trustees as chairman from 1999 to 2005.

Carole Brand and Huriata Weeks both gave eight years of dedicated service and contributed greatly to the governance of the trust with their complementary skills. Carole Brand was deputy chairman from 1999 to 2005 and chairman from November 2005 until May 2006.

Sheryl Frew from the Waimate District, Lee Burdon from the Geraldine District and Stephen Wills from Timaru were welcomed to the board of trustees in June 2006. The considerable skills and community knowledge of all three new trustees means that the succession of the trust remains well balanced.

Trust Staff

There were no changes to the trust staff – John Wilson (executive manager) and Sally Marsh (administration officer) continue to serve the trustees and the community in a professional, friendly and helpful manner.

Professional Development

In March 2007, the Community Trusts of New Zealand held a combined conference with Philanthropy New Zealand at Te Papa in Wellington. Stephen Wills, Sheryl Frew, John Wilson and I attended this very thought-provoking event. Philanthropists, representatives of organisations that received funding and experts in the field of philanthropy from New Zealand and around the world, all told their stories and shared their knowledge and ideas willingly.

The knowledge that was gained will help to inform many of this trust’s future decisions and has already helped trustees to better understand the role the trust can play in making grants and collaborating with other funders and the importance of having meaningful dialogue with the organisations seeking grants and providing services to the community.

NICOLA HORNSEY, Chairperson.

Date: 31 March 2007.

Statement of Financial Performance for the Year Ended 31 March 2007

2007 2006
Investment account—
Income:
Interest: Managed funds 1,105,761 1,352,486
Other 494 403
Dividends: Managed funds 196,115 198,559
Total income 1,302,370 1,551,448
Less expenses—
Direct investment expenditure:
Management fees 78,404 78,984
Consultancy fees 28,516 17,281
Total direct investment expenditure 106,920 96,265
1,195,450 1,455,183
Less operating expenditure:
Advertising 16,017 7,556
Auditors’ fees 4,800 5,594
Legal fees 4,863 2,320
Postage, tolls and fax 1,143 762
Printing and stationery 6,844 8,231
Salary and wages 95,397 88,467
Telephone and tolls 1,952 6,605
Professional fees:
– Accountancy and advisory 9,501 15,160
– Project costs 954 6,290
Sundry administration expenses 12,165 9,269
Conference expenses 2,828 9,029
Department of Internal Affairs’ costs 1,610 4,087
Trustees:
– Meeting expenses 67,608 65,990
– Travel 10,246 8,556
– Honoraria 20,262 20,799
Trustees’ insurance 1,400 3,425
Trustees’ training 2,722 2,228
Total operating expenditure 260,312 264,368
Net income before movement in managed funds and community house rental account 935,138 1,190,815


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2007, No 100


Gazette.govt.nz — PDF NZ Gazette 2007, No 100




✨ LLM interpretation of page content

💰 Trustees and Staff of The Community Trust of Mid & South Canterbury

💰 Finance & Revenue
31 March 2007
Trustees, Staff, Community Trust, Mid & South Canterbury
8 names identified
  • Peter McIlraith, Farewelled as trustee
  • Carole Brand, Farewelled as trustee
  • Huriata Weeks, Farewelled as trustee
  • Sheryl Frew, New trustee
  • Lee Burdon, New trustee
  • Stephen Wills, New trustee
  • John Wilson, Executive manager
  • Sally Marsh, Administration officer

  • Nicola Hornsey, Chairperson

💰 Statement of Financial Performance for the Year Ended 31 March 2007

💰 Finance & Revenue
31 March 2007
Financial Performance, Investment Account, Income, Expenses