Annual Report2017SCOTCH COLLEGE FOUNDATION

General Purpose Financial ReportFor the year ended 31 December 2017

Front cover: Charlie Schilling (School Captain, Tony Briggs (‘85), Archie Wallis and Saxon Beale.

EditorialDavid AshtonTim ShearerPatty Wallace-Smith

PhotographyDavid AshtonMark ChewSandra DickJames GrantScott MontgomeryTim ShearerPatty Wallace-Smith

Scotch College Foundation 1 Morrison Street, Hawthorn VIC 3122

Phone: +613 9810 4300 Fax: +613 9810 4334 Email: foundation@scotch.vic.edu.au

Produced by the Development Office Scotch College Melbourne

Great effort has been made to ensure an accurate and thorough 2017 Scotch College Foundation Annual Report. We apologise if any omissions or errors have occurred. If you discover an omission or error, please notify the Development Office, and we will ensure that omission or error is rectified in the 2017 Annual Report. Because we believe that multiple affiliations are an indication of the deep trust and strong conviction in this institution, we have chosen to list more than once those donors to the Annual Giving Program who have multiple connections to the School. Thus, an Old Boy donor could be listed as a contributor to the School in his class year and also be listed as a current parent donor. If we are unaware of an affiliation you have with the School, please let us know so that we can maintain complete and up-to-date records.

© 2018 Scotch College Foundation

Contents2 The Work of the Foundation

4 Board Members

6 President’s Report

8 Michael Robinson Farewell Dinner

10 Executive Director’s Report

20 Donor Profile

22 Tony Briggs Indigenous Scholarship

24 Spencer Centre for Design and Technology Naming and Opening Ceremony

26 Events

30 What’s Next?

32 Foundation Timeline

34 2017 Donors

40 AMC and Foundation Members

44 Financial Statements

THE SCOTCH COLLEGE FOUNDATION EST.1973

Ensuring Scotch is everything it can be for every boy.

WHAT THE FOUNDATION DOES

The Scotch College of today is a modern and dynamic Australian school, inspired by the values of our founder, the Reverend James Forbes, and based firmly on the crucial role we believe education plays in empowering young people to take control of their lives.

The Scotch College Foundation is committed to perpetuating this vision. The Foundation’s support helps to ensure that Scotch is everything it can be for every boy.

The buildings and facilities, and the site itself, from which generations of Scotch boys have benefited, are almost entirely the result of the generosity of Scotch families and Old Boys who have gone before. Income from fees cannot provide the financial basis for development, and so Scotch relies on the generosity of its community to support its aims and help bring its long-term goals to fruition.

Through the Foundation’s various scholarship funds, philanthropy has also opened the gates to a Scotch education for many boys who would otherwise be unable to attend the School.

The Scotch College Foundation also assumes responsibility for the distribution of monies which are raised by the Foundation, or given to it as a body. The operation of the Foundation within the Development Office is funded by both the Foundation and the School.

Philanthropic Vision

So much at Scotch has been achieved through the generosity of the Scotch Family. The facilities which current boys enjoy, and the majority of scholarship opportunities offered, are largely the result of the generosity of generations who have invested in our boys and their School. In essence, the Scotch of today is largely the result of a longstanding philanthropic commitment by many people.

Scotch will continue to be a school where giving sits at the heart of its culture; where our students, Old Boys, staff, parents and past parents are inspired to support programs that resonate with them and, in so doing, make Scotch everything it can be for every boy.

Philanthropic Principles

• Every gift helps ensure that Scotch can be everything it can be for every boy.

• We ensure that every dollar donated is directed as intended.

• We safeguard and protect donor information and privacy.

• We only pursue gifts that will advance Scotch’s strategic intents or stated aims.

• We see giving, both to Scotch and to other worthy causes, as a living expression of the values inculcated at Scotch.

• Our fundraising efforts are part of our commitment to stimulating and nurturing authentic life-long relationships with all members of the Scotch Family.

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SCOTCH COLLEGE FOUNDATION 2017

Board Members

Paul Aberdeen (’86)BOARD MEMBER

Ross Congleton (’76)BURSAR

Rebecca MortimerFOUNDATION COORDINATOR

Rob HandBOARD MEMBER

Michelle ZhengBOARD MEMBER

Kirsten MacLeodBOARD MEMBER

James Ho (’88)BOARD MEMBER

Tom O’Brien BOARD MEMBER

Sam Hunt (’92)BOARD MEMBER

Bill Sides (’63)CHAIR OF BEQUEST COMMITTEE

Louise MurdochBOARD MEMBER

Michael Sim (’78) VICE PRESIDENT

Jonathan Buckley (’83)SCHOOL COUNCIL REPRESENTATIVE

Mandy AndrianakosBOARD MEMBER

Scott Montgomery (’85)OSCA EXECUTIVE DIRECTOR

Patty Wallace-SmithDEVELOPMENT OFFICER

Richard Balderstone (’76)BOARD MEMBER

Simon ReicheltFINANCE MANAGER

Hugh Wilson (’65)DEVELOPMENT OFFICER

Tim Shearer (’85)FOUNDATION EXECUTIVE DIRECTOR & DIRECTOR OF DEVELOPMENT

Sandra DickBEQUEST PROGRAM MANAGER

David YuVICE PRESIDENT

Tom BattyPRINCIPAL

Lisa SheardCOMMUNICATIONS DESIGNER

David Fox (’88)BOARD MEMBER

John Simpson (’75)BOARD MEMBER

Board Members The Scotch College Foundation Board – 2017

Ex-Officio

Development Office Staff

Back row: Ross Congleton (Bursar), Bill Sides, Sam Hunt, Rebecca Mortimer (Foundation Coordinator), Sandra Dick (Bequest Program Manager), Mandy Andrianakos, Richard Balderstone

Second row: Paul Aberdeen, Jonathan Buckley, Scott Montgomery (OSCA Executive Director), Kirsten MacLeod, Michelle Zheng, Rob Hand

Front row: Louise Murdoch, Doug Lording (President), Michael Robinson (Past President), Tim Shearer (Director of Development), Michael Sim (Vice President)

Absent: Tom Batty, David Fox, James Ho, Tom O’Brien, Simon Reichelt, David Yu (Vice President)

Doug Lording (’64)PRESIDENT

54

PRESIDENT’S REPORT 2017

Many potential developments lie ahead

I took over as President of the Scotch College Foundation in November, so most of the 2017 year was on Michael Robinson’s watch. Michael has had two stints as President of the Foundation, from 1993 to 1996, and then for 10 years from 2008 to 2017, and he has left the Foundation in a strong position. In 2017, our assets increased from $49.6M to $61.5M, and the processes were in place to ensure that these funds were diligently managed and allocated appropriately were well established. Our President’s Dinner in September was very much about thanking Michael, and, fittingly, the Michael Robinson Boarding Scholarship was launched.

A major part of the Foundation’s work is the responsibility that comes with the stewardship of the funds which have accumulated over many decades. These endowments are used to fund scholarships, prizes and other specified projects. In order to fulfil these objectives, the Foundation aims to maintain the corpus of each fund at a value comparable to what was originally gifted (relative to school fees), and not to commit more than the income earned from that fund. Our emphasis is on our investments returning a reliable and growing income stream. We continue to define and refine these processes.

An important focus has been to seek funds to underwrite up to 10 scholarships for our Indigenous students. On Thursday 19 October we challenged our community to raise $750,000 in 24 hours to fund a scholarship

named in recognition of Tony Briggs (’85), a pioneering Indigenous student. We raised $1,287,98, essentially endowing two perpetual scholarships in Tony’s name. Three other named Indigenous scholarships have been established thanks to the Richardson family, Mark Santini and Karyn Matotek, and Louise Murdoch and Paul Sparks. To date, more than 1000 people have supported the Scotch College Indigenous Scholarship Program and $3.5M has been generously donated, meaning we are well on our way to reach the $6M goal by 2020.

At year end, we were looking forward to the opening of the Spencer Centre for Design and Technology. During 2017, over 300 donors made contributions to the Building Fund, including those from the generous families after whom laboratories in this centre are named. They are Wilson Lai and Anita Wong, the Gance Family, Ken (’55) and Leigh (’91) Jasper, the Luk Family and Daryl Manley (’51). The generous benevolence of those supporting this and other projects remains one of our School’s strengths. Over and over again, our Scotch Family has shown its willingness to support the current and future generations of students and staff by committing to well thought-out developments. This is not something to take for granted, and one of the Foundation’s main responsibilities is to work closely with Scotch College and the Old Scotch Collegians’ Association to ensure our School continues to benefit from this support.

Doug Lording (‘64) PRESIDENT OF THE SCOTCH COLLEGE FOUNDATION

Generations of Scotch boys have benefited from the generosity of men and women who, over the years, have bequeathed gifts to the School or to the Scotch College Foundation. These gifts have had a profound impact on the lives of Scotch boys, through scholarship opportunities, by developing teaching and learning facilities, and by supporting staff and the School’s programs. A gift in a Will can be a way of saying thank you, honouring a loved and respected relative, recognising a valued member of staff or friend, investing in the future, or providing a Scotch education for those who otherwise cannot afford it.

We continue to encourage membership of the Alexander Morrison Circle; a group comprising those who are leaving a bequest to either Scotch College or the Scotch College Foundation in their Wills. During this year we received $6.5M from the estate of Walter Paton, funds which will endow in perpetuity music scholarships. This was one of twenty bequests received in 2017. Such generosity will have a major impact on the lives of all Scotch boys.

I wish to thank the members of the Foundation Board for welcoming me as the incoming President. Our committee structure is well in place, and I am particularly grateful to those who have taken on leadership of the committees, and to all the other members for their contributions throughout 2017.

Tim Shearer (‘85), the Director of Development at Scotch, is also the Executive Director and Secretary of the Foundation, and Tim and his staff are to be commended for the way in which they embrace their roles in support of the School. Tim, Sandra Dick, Rebecca Mortimer, Patty Wallace-Smith, Amanda Webster, David Ashton and Lisa Sheard all contribute their unique skills with great enthusiasm.

A final word about Michael Robinson. In the September 2017 edition of Great Scot, Michael said, ‘I retire with a feeling of enormous gratitude for all that has been accomplished, and of overwhelming warmth towards everybody at Scotch.’ I think it is fair to say that those feelings are reciprocated.

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An enthusiastic group of nearly 200 members of the Scotch Family gathered in the Boykett Room on 20 September to pay tribute to retiring Scotch Foundation President, Michael Robinson AO (’55) – a man quite rightly dubbed by former Principal Dr Gordon Donaldson as ‘a giant of Scotch College’.

The occasion was the 2017 Foundation President’s Dinner, and the usual format of the dinner was set aside to recognise Michael’s dedicated service to Scotch and to the School community.

Guests gathered for pre-dinner drinks in the foyer of the Sir Zelman Cowen Centre for Science – an appropriate venue to begin the tribute to Michael, as he was the energetic Chairman of the Capital Campaign which raised $20 million to enable the superb Centre for Science to be built.

In true Scotch style, Michael and his family were piped into the Boykett Room, and

MC, Director of Development, Tim Shearer (’85) introduced the Hon Dr David Kemp AC (’59) who welcomed guests. David said the name of Robinson is almost synonymous with Scotch, the Robinson family links having stretched from 1879 to the present day.

‘While Scotch today is the creation of many hundreds, indeed thousands of those who have dearly loved its name and the spirit for which it stood,’ he said, ‘Michael is in our generation ... most entitled to be called “Mr Scotch”, for he is the one who has given Scotch a priority that would be impossible to exceed.’ David expressed his deep appreciation of the Foundation’s role in supporting the School’s continuing development.

After the main course, Michael’s school and boarding house contemporary Ken Jasper AM (’55) spoke amusingly and affectionately of his days at Scotch and up on the Hill with Michael.

Former Foundation President David Crawford AO (’62) next spoke of Michael as ‘this tall, impressive figure (who) has become a patron of Scotch College, confidently voicing his views, and in the tradition of Scotch, rolling up his sleeves and getting things done’. David said Michael has continually referred to the need to maintain the momentum of growth and development, which he believes is the only way we can properly show our gratitude to those who have preceded us and provided the facilities we enjoy today.

Michael, he said, has never been one to shy away from a challenge. ‘Every role that he has undertaken in the service of Scotch is characterised by unparalleled drive and a resolute determination to achieve the best outcome for the School – provided it doesn’t interfere with golf on Thursday!’ he joked.

David described Michael’s leadership of the Capital Campaign for the Centre for Science as ‘one of his great legacies for

Scotch. There could be no finer example of Michael’s capacity to galvanise and inspire a community than this.’ He invited guests to rise and drink Michael’s health.

Norma Lithgow, wife of former Foundation President Bruce Lithgow (’46) spoke warmly of the staunch support Judith Robinson has always provided for Michael in all his endeavours.

Principal Tom Batty presented gifts to Michael and Judith, and launched the Michael Robinson Boarding Scholarship, which will enable boys from rural or regional Australia, whose families would otherwise not have the resources, to attend Scotch.

Responding, Michael Robinson spoke of his passion for Scotch and the motivation this has given him to strive for continual improvement, as the great schools have always done. He thanked Judith for her support, and acknowledged the contribution of Development Office staff.

The dinner was a most fitting tribute to a man David Kemp said has ‘inspired and enabled the transformation of Scotch like few others.’

David Crawford summed it up: ‘Michael’s achievements and influence are the stuff of legend.’

David Ashton

SCOTCH COLLEGE FOUNDATION 2017

‘Michael’s achievements are the stuff of legend’

Pictured:1. Ed, Michael, Judith and Will Robinson.2. Will Robinson, Andrew Crawford and Ed

Robinson.3. Ken Jasper, Michael Robinson, Peter

Yunghanns and Brian Randall.4. Bill McNaughton, Marg McNaughton,

Millicent Gould, Brian Hawdon, Bill Philip and Mary-Lou Philip.

5. Pre-dinner drinks in the Peter Henderson Foyer, Sir Zelman Cowen Centre for Science.

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2 3

4

5

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TIM SHEARER (’85)

Executive Director’s Report

EXECUTIVE DIRECTOR’S REPORT

The Scotch College Development Office 2017

I would again like to thank everyone who has helped make Scotch everything it can be for every boy by generously supporting the various Scotch College and Scotch College Foundation programs.

Each boy’s journey is all the richer for the difference that the generosity of the Scotch Family has made both in the past and in recent times; whether it is through the provision of excellent teaching and learning facilities; the diversity created by the various scholarship funds that have been endowed through the generosity of many benefactors, or the number of prizes that boys who achieve excellence in either their curricular or co-curricular pursuits receive.

It was another significant year for the Foundation and for the School. Most strikingly, the year was notable for the culmination of Michael Robinson’s 36-year voluntary service to the School. Michael retired from the Foundation Presidency and from the Foundation Board.

A towering presence at Scotch, Michael holds the unique distinction of having served as President of the Old Scotch Collegians’ Association (1989), President of the Scotch College Foundation (1993-96 and 2008-17) and Chairman of the School Council (1996-2006).

To honour Michael’s exceptional, lifelong commitment to Scotch, the Foundation was proud to announce the establishment of the Michael Robinson Boarding Scholarship. In so doing, the Scotch Family recognises the significance of Michael’s 10 years as a Scotch boarder in forming his relationship with the School. Michael was first a day boy, and then a boarder from 1946 to 1955 – initially in McMeckan House and then in Arthur Robinson House. This scholarship, endowed in Michael’s name, gives testimony to his affection for his time on the Hill, and his regard for the boarding experience. In his own words, ‘Boarders always felt they were the backbone of the School; and there must always be a place for ‘boys from the bush’’’.

The Foundation’s fundraising attentions again were focused on raising funds in support of the Scotch College Indigenous Scholarship Fund in 2017, as we look to raise $6M to endow the program in perpetuity from 2016 to 2020. The signal event was the 24 hour fundraising campaign to endow the Tony Briggs (’85) Indigenous Scholarship. This campaign, which raised $1.3M, was an outstanding success at so many levels, and not least because it reaffirmed the notion of giving across the spectrum of our community.

The fundraising efforts for the Spencer Centre for Design and Technology concluded at the end of 2017 and a big crowd was on hand to witness the building’s official Naming and Opening Ceremony on Friday 2 February. Under clear skies and in front of the entire Senior School, the School Council and special guests, the Chairman, Dr Kemp, officially named the building in honour of Lionel Spencer (1915). I sincerely thank the Spencers for their outstanding and transformational generosity.

Mr Tim Shearer (’85) DIRECTOR OF DEVELOPMENT

278 donors commit $4.4mfor Spencer Centre for Design and Technology

60 boys at Scotch College, thanks to the Foundation Scholarship Fund

$318,757distributed to Scotch College from the Foundation Endowment Fund

$61.5mFoundation Endowed Funds

$3.5m raisedto support the Scotch College Indigenous Scholarship Program

700 donors commit $1.3mto endow two Tony Briggs (‘85) Indigenous Scholarships

Members of the Alexander Morrison Circle (for including Scotch in estate planning)

388

1748Foundation Members

1110

PILLAR 1

Buildings and Facilities

Design and Technology is a resource-intensive subject, prohibiting many schools from offering it. Our Spencer Centre for Design and Technology is a contemporary response to both the ever-evolving discipline of design, and to the School’s commitment to creativity and progress built on sound academic principles.

Supporting the iterative nature of problem solving and development, the centre is premised on a seamless flow between studios incorporating computer-aided design facilities and spaces for creation – whether the product is electrical, mechanical, a piece of software, a traditional work of craftsmanship or, indeed, a system comprising some or all of these elements.

The new Spencer Centre for Design and Technology, which was officially named at a Naming and Opening Ceremony on 2 February 2018, sets a benchmark for buildings supporting the teaching of the design process. The building itself is truly the third element in the partnership of staff, programs and facilities that enable great teaching. It will be a centre of innovation, where boys will discover new possibilities in the rapidly progressing fields of Design and Technology, and Engineering. Learning will occur through

collaboration and experimentation in both traditional skills and emerging processes. In state-of-the-art workshops and design studios, our boys will develop skills in design, testing and refinement that are essential to every field of enterprise.

I sincerely thank the following families for their transformational support of this project. Spaces within the building will be named in recognition of their generosity:

• The Gance Family• Ken (’55) and Leigh (‘91) Jasper• Daryl Manley (‘51)• Wilson Lai and Anita Wong • The Luk Family • Anonymous (2)

Families who supported this project at any of the Scotch College Foundation membership levels are recognised on a donors’ board which is located next to the main entrance.

I take opportunity to thank everyone who has helped to bring this innovative project to fruition.

By the conclusion of 2017, $12.5M had been committed in pledges and gifts to this and other associated building projects.

2016 2017

Building Fund Receipts

$5,026,921 $3,334,913

PILLAR 2

Scholarships

In 2017, $7,906,733 was committed in gifts and pledges to the various scholarship funds.

Scholarship Fund

The bulk of these funds came from the estate of Walter John Paton (born 29 November 1914, SC 1926-32, died 28 May 2015), a music teacher who joined the army in 1941. He served in New Guinea from 1943, and in Lae, joining the AIF (1944-46). Walter was a Group 1 instrument mechanic. He returned to Australia in 1944, spending the remainder of the war in Brisbane, and was demobilised as a lance corporal. Walter worked as a salesman, and a newsagent. A canny investor, he bequeathed his large estate to numerous charities, with Scotch receiving over $6.5m to date for the Walter J Paton Music Scholarship. Walter’s generosity will allow approximately 10 students to attend Scotch at any one time, on music scholarships named in his honour in perpetuity. Many other members of the Scotch Family have supported the Scholarship Fund this year through the Annual Giving Program.

The School Council and the Foundation have agreed that in time the full funding of scholarships and bursaries will be funded by the Scotch College Foundation Scholarship Fund, and Walter’s bequest will greatly assist the transition to this end.

Indigenous Scholarship Fund

For the last 20 years, the Scotch College Indigenous Program has offered all Scotch boys the opportunity to experience and understand our country’s indigenous culture, as part of a contemporary Australian education.

The program has three components:

1. Our commitment to offer indigenous boys full academic and boarding scholarships;

2. The Indigenous Partnership Program, which teaches Scotch boys about indigenous culture through projects with local communities; and

EXECUTIVE DIRECTOR’S REPORT

Funds

3. Our longstanding partnership with Tiwi College, built on friendship and respect.

The School’s current Indigenous scholarship program is funded through a combination of support from the government (Abstudy) and the Australian Indigenous Education Foundation, leaving a shortfall of approximately $30,000 per student. This shortfall is funded annually by generous members of our community.

The Foundation’s vision is to create a perpetual fund which would see the Indigenous scholarships funded in a similar manner to the general scholarships - through income generated by endowed funds. For this vision to become a reality $5M is required, and we launched a campaign to achieve this aim at the 2016 Foundation President’s Dinner. At the end of 2017 $3.5M had been generously committed to the campaign, and a third of this amount was raised through our 24 hour campaign to endow indigenous scholarships in Tony Briggs’ (’85) name.

Tony Briggs (’85) was a class mate of mine back in the 1980s, and it would be fair to say that the environment at Scotch in the 1980s, sadly, was very different from that of today. Scotch, like much of society, is a much more inclusive place nowadays and it is wonderful to see nine Indigenous students benefiting from a Scotch education today, and noteworthy that 17

Indigenous students have graduated with their VCE over the past 20 years thanks to the foresight of the School and thanks to the generosity of our community.

The 24 hour fundraising effort was underpinned by 26 generous donors who underwrote the initiative by committing monies that could be used as a quadrupling effect for those who gave online during the 24 hour window. I take opportunity to formally thank the matching givers who made this day possible,

by allowing us to use their generosity to encourage others to support this worthwhile cause:

• The Lording Foundation• Martin and Louise Richardson• Wendy Hilton-Wood• Stephanie and Allan Giffard• Andy Cohen (’84)• Diana and Chris McNamara• Will Allen (’84) and Monique Morris• Tom and Kate O’Brien• Wade and Catherine Ashley• Bill (‘63) and Dianne Sides• The Shearer Family• Andrew Sutherland (’84) and

Sally Capp • Chris Winneke (’85) and Jane Dixon• The Montgomery Family• Tony Briggs (’85) and

Damienne Pradier• Rohan (’85) and Cath Sutherland • John (’85) and Rebecca Armstrong • Robert Roseby (’85) and Nicki Levy• Simon McGregor (’85) and

Julie Debeljak• Andrew (’85) and Jackie Coates • Andrew Vidor (’85) and LJ Ryan • Many Scotch College staff• The Scotch College Foundation• The 1858 Club • The Old Scotch Football Club• Kane Constructions

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The catch was the target of $750,000 had to be achieved within the 24 hour period, or all donations were refunded! The Scotch Family rallied to the call and the target was achieved at 10.30am on Thursday 19 October. More than 700 members of the Scotch Family supported this initiative with gusto and pride, and it truly was a remarkable and very special day. The notion of giving was alive and well at the School, as boys expectantly raced out of classrooms to watch the total progressively climb on the big screen in the Quadrangle. The Class of 2017 arranged a barbeque and it was a casual clothes day for the boys, who gave generously to the cause through their year groups (Years 7 and 8) or through their houses (Years 9 – 12).

Not only was the target achieved, at the conclusion of the 24 hour period $1.1M had been committed to the campaign, ensuring that close to two Indigenous scholarships at Scotch have been endowed in perpetuity in Tony Briggs’ name. How fitting is that! I would like to sincerely thank Tony for allowing us the honour of naming these scholarships after him. It is most fitting that Tony’s name will forever be linked with our School. I looked up to Tony when I was at school, and I still look up to him today.

At the conclusion of 2017, $3.5M had been committed to the Indigenous Scholarship Fund, securing the program’s funding from 2016-2020 and half seeding the perpetual fund. We will look to build this fund over the next three years.

Michael Robinson Boarding Scholarship

This scholarship acknowledges Michael’s unparalleled contribution to Scotch, and the practical difficulties often associated with life on the land. We are seeking to raise an initial perpetual fund of $650,000, to fund one boarding scholarship in perpetuity, and thereby enable boys from rural or regional Australia, whose families would otherwise not have the resources, to attend Scotch. By the end of 2017 $135,000 had been committed to this important cause.

2016 2017

Scholarship Fund receipts

$366,762 $7,015,680

Indigenous Scholarship Fund receipts

$229,972 $865,908

Michael Robinson Boarding Scholarship

- $25,145

Total Scholarship Fund

$596,734 $7,906,733

PILLAR 3

Scotch College Foundation Endowment Fund

In 2017, donors committed $112,000 to the Foundation’s Future (or Endowment) Fund. These funds were the result of two bequests committed by generous Old Boys of the School. At the end of 2017 this fund was valued at $11.3M ($10.4M on 31 December 2016). The Endowment Fund exists to provide a reliable income stream for the School, and in 2017 $318,757 was provided from this fund to the School ($299,100 in 2016).

2016 2017

Foundation Endowment Fund (corpus) receipts

$8,600 $112,000

2016 2017

Total Development Office receipts

$5,632,255 $11,858,802

The philanthropic commitment of the School community which has enabled the Sir Zelman Cowen Centre for Science and the Spencer Centre for Design and Technology to come to fruition has also enabled many boys who otherwise would not have been able to attend Scotch to do so. The Foundation again provided scholarship opportunities for boys to attend Scotch. Presently approximately 60 boys are at Scotch on Foundation sponsored (full or part) scholarships.

EXECUTIVE DIRECTOR’S REPORT: FUNDS (Cont’d)

‘I’ve done Des Tech all through school, and previously felt it was lacking in modern design aspects.

When I heard about the new building I became interested.’

Jackson Bishop (Year 11)

‘This year I’m interested in creating a movable hand. I find it an interesting

thing to do and it helps people.’

Leo Miller (Year 11)

‘I think the biggest thing for this group of students is they’re not thinking

in the present. They are always projecting to the future, a problem,

a customer and a solution. And often a solution for the betterment of others.’

Steve De Domenico, Systems Engineering teacher

‘Part of the reason I chose Systems Engineering was because of the new

building – definitely a part of it.’

Ethan Grollo (Year 11)

‘I have a pet turtle and I am creating a motor that will ensure

that when it grows light outside his light will turn on automatically.’

Tom McMahon (Year 11)

‘I’m working on designing a fully obstacle avoidance spot sprayer rig for a farm that will use GPS grid lines to identify the weeds by infrared and should save the amount of chemicals sprayed.’

Lachlan Day (Year 11 boarder from Boree Creek, 80 kilometres west of Wagga Wagga)

‘It’s nice. It’s good. A lot of stairs!’

Thomas McAdam (Year 11) working on a 3D puzzle

‘Nike has its own HyperAdapt shoes. I am in the process of doing

pre-concept drawings to design similar shoes but they

would be a lot cheaper.’

Lachlan Williams (Year 11)

‘Design and Technology is one of the fastest moving subjects available, and boys are identifying problems which exist in our current world as well as looking towards issues of the future. Design and Technology requires academic thinking to create feasible solutions. It has moved considerably beyond a traditional making subject to one which requires knowledge and understanding across a number of academic areas.’

Julia Morrison, Head of Design and Technology

Tony Briggs with classmates from 1985.

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KENNETH CHARLES BESWICKE BETHELL (’38)

JAMES COUSLEY KELSO OAM (’47)

The AMC was inaugurated in 2003 and is named in honour of Alexander Morrison, who was Principal from 1857 to 1903. Morrison was instrumental in building Scotch into the leading educational institution it is today.

Each bequest, no matter what its size, contributes to the School’s future. At the end of 2017 the AMC had a membership of 388.

New bequest income for 2017 was $5,396,477. During 2017, we welcomed 20 new members to the AMC (12 in 2016). Sadly, five members of the AMC died in 2017.

A full listing of the AMC members appears on page 40–41 of this annual report.

The following bequests from AMC members were realised in 2017:

Ken was born at Hawthorn on 3 May 1920 and left Scots College, Sydney, to attend Scotch from 1929 to 1937. Among others, Ken’s son, John (SC 1973-79), and grandsons Shaun Gerstman (SC 1993-98) and James McCubbin (SC 2000-05) also attended Scotch.

Ken swam, rowed, and played football for Monash House, but his main interest was Scouts. He earned a King’s Scout badge, and joined the Old Scotch Rover Crew and later the Old Scotch Collegians’ Lodge. He met Olive Victoria Just during an Old Scotch Collegians’ Dramatic Society performance. Their marriage at St Luke’s, Kensington, London, on 31 March 1951 lasted until her death on 18 March 2007.

Ken served in the army during World War II (1940-42), becoming a lance corporal, and in the navy (1942-46), becoming a sub-lieutenant. His grandfather, a prominent Victorian architect, inspired Ken’s career as an architect and town planner. From 1948 until retiring aged 70, Ken designed over 500 domestic and commercial buildings. He was a member of the Royal Institute of British Architects, a Fellow of the Royal Australian Institute of Architects and an Associate member of the Royal Australian Planning Institute.

A member of OSCA Council from 1964 to 1979, he became the 38th OSCA President in 1978, and in 2016 became an OSCA Honorary Life Member. He was a regular attendee at Scotch and OSCA events, and enjoyed many lunches with his Scotch mates. Ken died at the Epworth Hospital, Richmond on 4 June 2017. He had been Scotch’s 24th oldest-known living Old Boy.

Ken generously bequeathed $10,000 to the Scotch College Building Fund, which was directed to the Sir Zelman Cowen Centre for Science project.

Jim was born on 4 October 1930 at Allendale Private Hospital in Hawthorn, and attended Scotch from 1936 to 1946. He was the son of James Edward Allen Kelso, Scotch Geography and English teacher from 1923 to 1942, and Jim’s brother, Allen, was also at Scotch.

After leaving school, Jim completed a diploma of metallurgy from (the now) RMIT. He was a metallurgist at the Steel Company of Australia and then McPherson’s Ltd, where he worked for 33 years. In 1982 Jim joined James Hardie Industries, becoming Corporate Affairs Manager, and retiring in 1993.

Jim was Sydney OSCA branch’s Vice President, and became an Associate Fellow of the Scotch College Foundation. He owned four vintage Rolls Royces, and was federal president of the Rolls Royce Owners’ Club of Australia. He was also president of the club’s Victorian branch, and president and a founder of the Vintage Drivers’ Club in Victoria. He received a Medal of the Order of Australia (OAM) in 2004 for these and other activities.

Jim loved music, and sang in the Scots’ Church choir. He was also a Pymble Ladies’ College councillor from 1975 to 1992, and a college precinct is named ‘The James Kelso Pavilion and Field’ in his honour.

On 21 May 1955 Jim married Dorothy Julia Dean at Hartwell Presbyterian Church. They raised a family of daughters, and lived to enjoy their grandsons and granddaughters. Dorothy died on 11 February 2013. Jim’s love of all things Scotch never wavered. He died on 7 April 2017.

Jim generously bequeathed $10,000 to the Scotch College Building Fund, which was directed to the Spencer Centre for Design and Technology project.

EXECUTIVE DIRECTOR’S REPORT

Programs

Scotch College Foundation Members by Category 2008–2017

Year Associate Fellow Fellow Senior Fellow Trustee Forbes Total

2008 741 278 126 185 44 1374

2009 745 278 129 187 44 1383

2010 759 279 132 189 46 1405

2011 754 284 132 184 47 1401

2012 752 288 134 189 47 1410

2013 760 291 142 193 44 1430

2014 831 312 150 205 48 1546

2015 942 319 153 208 49 1671

2016 978 322 155 214 50 1719

2017 1024 315 144 214 51 1748

Annual and Regular Giving Program

The 2017 Annual and Regular Giving Program raised $197,168.

Annual Giving, which commenced at Scotch in 1977, continues to provide a vehicle for the entire School community to contribute to the welfare of Scotch and its programs.

Life Support for Scotch

Thirty-five Old Boys are participating in this program which raised $6,188 in 2017. This program was introduced in 2013 to encourage younger Old Boys to begin their philanthropic journey with their School. The program involves Old Boys donating the amount corresponding to their years out from school in a dollar value, on a monthly direct debit basis.

Gifts and Major Gifts Program

Twenty-nine members of the Scotch Family joined the Scotch Foundation in 2017 by making a commitment at the $10,000 level or above. A number of members upgraded their membership category during the year. The majority of new members supported the fundraising for the Spencer Centre for Design and Technology, and the establishment of the Tony Briggs Indigenous Scholarship.

I sincerely thank all of them for their generous support.

Bequest Program

Generations of Scotch boys have benefited from the generosity of men and women who, over the years, have bequeathed gifts to the School or to the Scotch College Foundation.

These gifts have had a profound impact on the lives of Scotch boys through scholarship opportunities, by developing teaching and learning facilities, and by supporting staff and the School’s programs.

A gift in your Will can be a way of saying thank you, honouring a loved and respected relative, recognising a valued member of staff or friend, investing in the future, or providing a Scotch education for those who otherwise cannot afford it.

Those who elect to include Scotch in their estate planning are recognised with membership of the Alexander Morrison Circle (AMC).

“ S O M E O N E I S S I T T I N G I N T H E S H A D E T O D AY B E C A U S E S O M E O N E P L A N T E D A T R E E A L O N G T I M E A G O . ”

WARREN BUFFETT, PHILANTHROPIST

EXECUTIVE DIRECTOR’S REPORT: BEQUEST PROGRAM (Cont’d)

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The new Spencer Centre for Design and Technology is named in honour of Old Boy Lionel Spencer who generously bequeathed funds to Scotch in his Will.

Lionel Richard Vivian Spencer was born at Ascot Vale on 25 April 1896, the son of Richard and Catherine Underwood (nee Nixon) Spencer. He was educated at Scotch from 1908 to 1915. A fine sportsman, Lionel was a member of the Athletics teams of 1911 to 1913, and the 1915 team, with Scotch winning all but the 1911 competition. In 1915 he won the open 100 yards easily in 10.5 seconds by about three yards, and the open 220 yards in 23.8 seconds with a margin of about five yards. Lionel finished third in the open 440 yards, missing second place by a foot. These results made him arguably Scotch’s equal best performer in the 1915 competition. Lionel was also a member of the 1st XVIII in his last three years, winning the 1913 premiership.

He was a member of the Melbourne University Rifles, and studied Architecture for one year before enlisting on 22 March 1917 in the AIF’s Australian Field Artillery Reinforcements. Lionel was posted to 30th Battery, 3rd Division, in 1917 and served in France. On 13 September 1918 he was transferred to the Australian Flying Corps as a fighter pilot. He completed a flying course at Minchinhampton Aerodrome under Squadron Leader Lawrence Wackett (later Sir Lawrence Wackett). At Scarborough, England, on 6 August 1919, Lionel married Dorothy Cecilia Pattman. He was demobilised on 26 January 1920.

At the conclusion of World War I Lionel was asked to join the Australian athletics team to compete in the Inter-Allied Games in France. He had many successes in the sprinting events, including a race at Stamford Bridge, England in 1923, against Harold Abrahams, of Chariots of Fire fame. Abrahams beat him by the narrowest of margins, and the following year won an Olympic Games gold medal.

On returning to Australia, Lionel’s father financed him in the automotive industry. He was the founder, Managing Director and Chairman of Regent Motors Holdings Ltd (later a public company). The company acted as agent for DKW and Volkswagen (both German), and Alvis, Land Rover and Rover (all British). Lionel was instrumental in introducing the Volkswagen to Australia. Regent Motors Holdings was the distributor for Volkswagen in Australia in 1954, and later entered into partnership with the German company, building 20,000 cars a year in Australia.

Lionel retired in 1960, selling his controlling interest to Lombard Banking Company Ltd (London), which in turn sold it to Clyde Industries Ltd. In retirement, Lionel commenced assisting charities and was appointed a Life Governor of Scotch. He was also appointed a Life Governor at four Melbourne hospitals. Lionel’s wife Dorothy died on 22 December 1975, and on 9 April 1976 he married Yvonne Lois Smyth of East Malvern at Christ Church, South Yarra. The Spencers travelled widely and made significant donations to charities during their lifetimes. Lionel Richard Vivian Spencer died at Camberwell on 12 March 1988.

Lionel Richard Vivian Spencer

MARCUS EDWIN MANDERS (’39)

DARYL JOHN DAVID MANLEY (’51)

Marcus was born at Allendale private hospital, Hawthorn, on 1 September 1921, and attended Scotch in 1937, following many moves around Victoria. Marcus’ son, Stephen (SC 1968-73) also attended Scotch.

Marcus served in the army from 1941 to 1946. He gained great proficiency in photography, which complemented his technical writing skills, and he was discharged as a staff sergeant.

Marcus had commenced his banking career shortly after leaving Scotch, and completed an accountancy degree part-time at Melbourne University. He worked in banking until retirement from the ANZ Bank’s Esanda subsidiary in 1983. His name became widely known, as his legible signature was on millions of Esanda dividend cheques.

Marcus had a fine baritone voice, and sang with the National Theatre chorus and in amateur theatre. He met his future wife, June Edwards, at the National Theatre chorus in 1948. They married at the Holy Trinity Anglican Church, Balaclava, on 22 March 1949 and were parted by June’s death on 1 May 2009.

Marcus established a small investment advisory and service business after retiring from the ANZ Bank, and closed the business in 2016 after his last client died.

Marcus regularly participated in many Old Scotch Collegians’ Association activities, and continued to sing with various church choirs, including singing monthly at St Mary’s, West Melbourne, until a few weeks before his death. Marcus had full command of his intellect until the very end. He was engaging company, always considering how he could make others’ lives better. Marcus died at Cabrini Palliative Care, Prahran, on 3 July 2017.

Funds from Marcus’ will were left to the Building Fund and a seat in the Ian Roach Hall has been named in the Manders family name. He also specified that funds be directed to endow the June and Stephen Manders Memorial Prize to be awarded to a Scotch boy who goes on to study music at tertiary level.

Daryl was born at Oaklands, Murray Road, Preston, on 21 November 1933 and attended Scotch from 1946 to 1951. He was 1946 Form Captain of IVb, a 1951 Scotch Collegian editorial committee member and a library committee member.

At Melbourne University he studied accountancy and law. He worked in the oil industry as an accountant, in places including Zurich, Africa, Libya, Paris, London and the USA. Each place held stories of a fascinating life with amazing people. On settling back in Australia, Daryl started developing property at Dromana and was very successful.

One of his greatest achievements was buying and restoring a derelict Victorian cattle farm to its original grandeur, filling it with antiques, and he held many parties there, entertaining his many friends.

Daryl was outgoing, active, talkative and friendly. He loved people; he was bubbly, and loved to laugh. He was kind and compassionate, generous, loyal and trustworthy. He was strong in his opinions – once he made up his mind, there was little anyone could do to change it.

Daryl loved travelling; he stayed in five and six-star hotels in a wonderful life of travel. He had what he called his ‘second family’ in France, and loved living there. He enjoyed playing the stockmarket as a hobby and for some fun. When Daryl did slow down, he enjoyed walks near his beachside apartment. Daryl loved life, and his was an amazing one. He died at Sorrento, Queensland, on 23 May 2017.

In recognition of Daryl’s extraordinary generosity, an electronics laboratory in the new Spencer Centre for Design and Technology has been named in his honour and an endowed boarding scholarship will also bear his name.

EXECUTIVE DIRECTOR’S REPORT: BEQUEST PROGRAM (Cont’d)

1918

DONOR PROFILE

Roger and Lesley Gillespie

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The wonderful, long-term generosity of spirit of Roger (’69) and Lesley Gillespie is well known to the Scotch Family.

Lesley and Roger founded Baker’s Delight in 1980. Since its establishment as a single bakery on Glenferrie Road, Baker’s Delight has grown into a multinational franchise of some 700 stores across Australia, Canada, New Zealand and the United States. The Gillespies are passionately pro-Scotch in their endeavours and support of the work of the Foundation, with Roger having served on the Foundation Board for many years. It must be said that many boys at Scotch today have directly benefited from the Gillespies’ generosity to both the Foundation Building Fund and the Scholarship Program.

Lesley and Roger’s altruism extends to medical, sporting and charitable organisations throughout the community. In particular, it is perhaps their close relationship with the Breast Cancer Network of Australia (BCNA) for which they are most recognised. Not only have they shared an office building for 18 years with BCNA, but in the process this partnership has raised $20M through the Baker’s Delight ‘pink bun campaign’. Lesley and Roger have each been recognised with an Order of Australia medal for their tireless work and contribution to the community, and they were joint recipients of the Boroondara Citizen of the Year award in 2002.

We take this opportunity to extend to them our heartfelt thanks for their extraordinary generosity to Scotch over many years, all of which has occurred with their customary self-effacing modesty, genuineness and determination to give back to their community.

Tim Shearer met with them recently to discuss their approach to philanthropy, and, in particular, why they support Scotch:

Why?

We give because Scotch is a very good school that offers an all-encompassing education to boys —not just for medicine or law, which are important—but a broad education for all boys.

Unlike some schools, Scotch has a diverse range of boys of all abilities. It’s a place

where every boy can find his place—that’s the really great thing about Scotch and that opportunity for every boy is what we support. Scotch enables every boy to succeed through its broad and challenging education.

To provide a good education you need state-of–the-art facilities that attract and support world-class staff. We have been contributors to Scotch for over 25 years because we believe that education is vital to Australia’s future. We strongly believe that you need great educational facilities to create the best possible learning environment to stimulate boys and staff.

We have high regard for the senior people at Scotch whose values and principles are constant and don’t sway with the times. Scotch is led by passionate, committed people who care very much about the School and the boys. They are always looking forward and strive to make Scotch better through continuous improvement. Everything is about encouraging and supporting the boys to enable them to find their place and be the best they can be.

Impact

Giving to education is a long-term proposition. With buildings you can see much of the benefit: the staff, the programs, and the boys who use them. It’s not just about the building, of course, but about what that building enables. It’s a real long-term benefit.

We have also supported scholarships over the years. You can’t necessarily see the immediate impact of a scholarship - it takes quite a while to see that impact, but scholarships can make an amazing difference to a boy’s life and his future. They allow people to achieve who might not otherwise have been able to. We know one particularly successful Old Scotch boy who is eternally grateful for what a scholarship did to his life. Scholarships are transformational.

Insights

People on and around the Foundation Board are generally people who want to get on with things, make things happen and manage things well, and are willing to put in.

We have seen firsthand the depth of the commitment of the staff, the Old Boys, and the Council to keep the traditions of Scotch continuing, but in a modern way. They are forever striving to get that balance right, while retaining the underlying spirit.

Relationship with Breast Cancer Network Australia (BCNA)

We are celebrating 20 years since the network was founded. It has grown organically through the years and in 18 years our fundraising has now yielded about $20M.

Our big fundraiser is through our ‘pink bun campaign’. It is the generosity of our franchisees (570 stores in Australia, 105 in Canada, 24 in New Zealand, and 1 in the USA) and just average Australians popping their gold coin donations that makes it so successful. Last year we raised $1.8M which is a lot of pink buns!

The relationship has flourished through the years. Our target market and BCNA’s is primarily the same – mature women. It’s a great partnership; we’re very intertwined. Culturally, as the breast cancer network developed, so did we – we’ve grown up together, in a sense.

What would you like to see Scotch encourage?

This idea of enterprise, both social and economic is vital – recognising people and entities that create jobs, because without employment you’ve got nothing; life becomes very empty.

We see our greatest responsibility as staying in business. Around 20,000 people receive a pay cheque through Baker’s Delight. It’s a lot of people and you’ve got to keep your business vital, and it’s important to keep the customers coming back because businesses are fragile at the moment.

Enterprise and creating a spirit of enterprise, and that being an aspirational feeling to have, is of the utmost importance – not dissimilar to the spirit of Scottish enlightenment that founded Scotch. It is something to be incredibly proud of, the way Scotch has evolved.

Capitalism is important. Democracy is important. Free speech is important. Being engaged is important.

Sir John Monash was one of Australia’s most enterprising individuals, and it’s wonderful to think one of the most eminent Australians is a boy from Scotch College, a school with a history of being tolerant to boys from different backgrounds.

Why do you think others should consider supporting Scotch?

Why should people give? Well, first off they have to want to. You can’t force someone to do it. It’s not the reason you do it, but it can be incredibly rewarding.

Perhaps on a very basic level, we feel confident that Scotch makes every dollar

count, that it’s going to be used wisely and not going to be siphoned off into a black hole. The money’s not going to gold taps in the boys’ washrooms; that every dollar donated goes to the project, not to salaries.

While that’s the appropriate answer from a giving perspective, it’s also what you get back in return. It’s different for everybody, but we always have a sense that we have contributed to the ongoing momentum of the institution. Every time one of us walks through or visits, we feel we’ve done our little bit, helped maintain the momentum, and that makes us feel proud.

We are grateful for our good fortune and we believe it is incumbent on us and others to give back. To keep society going we all need to give back.

The School exists because of past people putting in money, dedication, hours of work, investing in the School, and that process needs to continue if the quality of the School is to be maintained. There’s no choice – and if you’ve got the ability to help, you should.

The quicker you work out that the joy of giving is far greater than the joy of receiving, then it’s happy days for you.

Pictured:1. Roger and Lesley Gillespie at Baker’s

Delight Head Office in Camberwell2. Lesley Gillespie, Dave Christie holding son

Oliver, Elise Gillespie and Roger Gillespie3. Lesley and Roger Gillespie with Principal

Tom Batty at the Opening of the Spencer Centre for Design and Technology

20 21

reached the target by 10.30 in the morning, and then went well beyond the original goal, speaks volumes for the Scotch Family, just as it speaks volumes for the cause.

‘I would like to thank my Scotch classmate, Tony Briggs, for allowing us the honour of naming this particular scholarship after him. It is most fitting that Tony’s name will forever be linked with our School. I looked up to Tony when I was at school, and I still look up to him today.

‘I would like to thank the staff for their generous support, and I would particularly like to thank Dr Smith, Ms Linossier and Mr Scholes for the amazing work they are doing with our program. Dr Smith is simply the most outstanding role model for our boys.

‘I would also like to thank all of you. From the boys in Prep to the boys in Year 12, you all made this the special day it was. I hope the joy of giving sticks with you.

‘My final thank you is to our Indigenous lads. As Billy Joel sings in his immortal classic hit:

We didn’t start the fire

It was always burning since the world’s been turning

We didn’t start the fire

No, we didn’t light it, but we tried to fight it.

‘Thank you for adding so much to life at Scotch. Thank you, too, for enabling all Scotch boys to interact with, learn from and develop what we hope will be lifelong friendships with you, as we strive to raise sufficient funds to endow the Scotch College Indigenous Scholarship Program in perpetuity.

‘Thank you for allowing us still to make the distinction between Indigenous and non-indigenous boys in order to achieve the larger goal down the track when no such distinction needs to be made. You have participated so willingly and

enthusiastically in promoting this cause, and your efforts will help ensure that we can bring this ideal to reality. Thank you.

‘It now gives me great pleasure to present this cheque for $1,287,985 to the school on behalf of the Scotch College Foundation and the Scotch Family.’

Thank you, Scotch. We now have our first fully endowed Indigenous scholarship!

Mr Tim Shearer (’85) DIRECTOR OF DEVELOPMENT

Thursday 19 October’s live campaign to raise funds to establish, in perpetuity, a scholarship named in recognition of Tony Briggs (’85) – Scotch’s pioneering Indigenous student – proved to be a game-changer in every sense.

The challenge was on: our aim was to raise what seemed to be an admittedly rather daunting $750,000 in 24 hours, on the back of the support provided by our generous matching givers in the lead-up to the campaign.

Not only did we reach our target by 10.30am on Thursday morning – and then the $1 million mark at 4.21pm! – but when the final 24 hour tally came in at $1,287,985, it proved, without question, that we have a truly exceptional community which rallies to the call when the cause is a deserving one.

I would like to thank the entire Scotch community, which included:

• our matching givers, who so generously invested in this concept in the lead-up to the 24 hour campaign;

• all the boys of Scotch, who championed this day so enthusiastically and with true heart;

• our Indigenous boys, who gave a special impetus and energy to the event;

• our staff, who came on board in great numbers and in a whole variety of ways;

• our wonderful parents, who supported this event and the merit of the cause through their generosity; and

• in particular, our band of volunteers in the engine room who took to the phones with grace and gusto.

In thanking the Scotch community, I thought I would share with you my speech to Senior School Assembly on the morning following our live campaign fundraising day:

‘Something special happened at Scotch yesterday. To me, the day demonstrated the power of looking up and aiming high, the strength of collaboration and an imposing generosity of spirit.

‘Thank you, Mr Batty, for backing this unorthodox fundraising model. It was a platform of high risk, but high reward, for it is worth noting that if we hadn’t achieved our target of $750,000, we would have been spending today refunding all donations! The fact that our community

EXECUTIVE DIRECTOR’S REPORT

Tony Briggs Indigenous Scholarship

2322

SCOTCH COLLEGE FOUNDATION 2017

A New Era Dawns for Design and Technology at Scotch The sun shone brilliantly at Scotch on the cool, clear morning of Friday 2 February as a new era in the exciting field of Design and Technology began at the School.

The magnificent Spencer Centre for Design and Technology was officially opened in the presence of donors to the project, School Council, OSCA Council and Scotch Foundation board members, Old Boys, staff, architects, builders – and of course the boys, who will benefit from the excellent facilities the centre offers.

For the first time, teaching Design and Technology at Scotch is now consolidated in one purpose-built facility, with learning occurring seamlessly through experimentation and collaboration in both traditional skills and emerging processes.

The Spencer Centre is named in honour of Lionel Richard Vivian Spencer (1915), whose recently-received bequest to the Scotch College Building Fund – the largest single gift ever donated to the School –

enabled the centre to be built, together with generous donations by Scotch Family members. Lionel was a brilliant athlete, both at school and after leaving Scotch. He served in the AIF and the Australian Flying Corps in World War I, and went on to forge a highly successful business career. He died in 1988.

Speaking at the official opening, the Principal, Tom Batty, said the Spencer Centre would provide current and future generations of Scotch boys with the tools to achieve and innovate in a wide variety of spheres, some of which are currently beyond our comprehension.

Head of Design and Technology, Julia Morrison, thanked the School Council for their commitment to the future of design and technology at Scotch. The Spencer Centre would ‘capture boys’ imagination and prepare them for the world they live in, as the next generation of innovative designers, engineers and systems thinkers’.

After the Scotch Pipers and Drummers thrilled the audience with a rousing rendition of 400%, composed by Lincoln Hilton, School Council Chairman, Hon Dr David Kemp described the Spencer Centre as ‘a remarkable new facility for teaching and learning at Scotch, which signifies the coming of age of Design and Technology as an important component of the School curriculum’. He paid tribute to all contributors to the project, including the School Council, in particular the Property Committee, led by Michael Sim (’78), the

Scotch Foundation, led by former Foundation President, Michael Robinson (’55), the Development Office, led by Tim Shearer (’85), Design and Technology department staff, Bursar Ross Congleton (’76), Property Manager, Bill Sciarretta and all members of the Project Control group, Maintenance Manager, Greg McMahon, Curator Michael Smith, Cox Architects and the builders, Kane Constructions.

Scotch Foundation President, Doug Lording (’64) acknowledged the key

contribution of Scotch Family members to the project, after whom laboratories have been named. He noted that the building alone was not an end point. ‘It creates an opportunity for our teaching staff, and we will watch with keen interest to see how this is embraced.’

Dr Kemp cut the ribbon to launch the Spencer Centre, and guests and donors enjoyed guided tours.

David Ashton

24 25

EXECUTIVE DIRECTOR’S REPORT

Events

Foundation President’s Dinner

The Boykett Room in the Cardinal Pavilion was nearly standing room only on Wednesday 20 September 2017 as members of the School community gathered to honour and celebrate the unparalleled contribution of retiring Foundation President, Michael Robinson AO (’55) to the continuing evolution and vitality of Scotch College during his tenure, variously, as President and/or Chairman of OSCA, the School Council, and the Scotch College Foundation over a period of four decades.

The event was fully subscribed within hours of bookings becoming available – a testament to the affection and veneration with which Michael is regarded by the entire Scotch Family. Michael often says Scotch would not be what it is today without the generosity of those who have gone before. The same can be said of Michael himself: Scotch would not be the towering place of learning it is without his dynamic influence, vision and determination.

At the dinner, Ken Jasper (’55), Norma Lithgow and David Crawford (’62) all paid tribute to their close friendship with Michael through critical years of policy development and expansion of the Hawthorn campus at Scotch, and the extraordinary quality and astuteness he brings to the leadership positions he has held.

One of the many, many highlights of the evening was the announcement of a boarding scholarship created in Michael’s name – the Michael Robinson Boarding Scholarship - to recognise, not only his substantial contribution to the School, but also his own affection for his time on the Hill as a boarder from 1946 to 1955.

The evening presented a most memorable opportunity to thank and recognise Scotch’s own ‘man for all seasons’. It was especially pleasing that Judith, Will (’89) and Ed (’93) Robinson could all join Michael on his night of nights.

East Melbourne Chapter Events

The East Melbourne Glen (EMG) Chapter program of events was again well supported in 2017. The Easter Chapel Service in the Littlejohn Memorial Chapel, held on Tuesday 28 March, was well attended. This service, held annually, provides a wonderful opportunity for the EMG group to meet to commemorate this special time in the Christian calendar.

Pictured:1. Andrew Crawford, Jonathan Buckley, Doug Lording, Mark Santini2. Brian Randall, Sandy Murdoch, Sandra Murdoch, Elizabeth Randall3. Michael Robinson4. Andrew Cruickshank, Kim Cruikshank, Jane Welch, Bob Welch

Pictured:5. Bill McNaughton, David Sutherland6. June Sutherland, Tim Shearer

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2 3

3

5

6

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EMG Winter Luncheon

The Winter Luncheon was held on Wednesday 7 June in the Cardinal Pavilion’s Boykett Room, where Jim Donaldson was our guest of honour. As the photographs suggest, the lunch was resounding success with over 130 guests attending.

3 Councils Cocktail Party

Thursday 16 February 2017 was a unique occasion where the Foundation hosted a cocktail party on the Sir Clive Steele Rooftop for the councils of the four most significant organisational bodies within the School. Members of the OSCA Council, the Foundation Board, the School Council, as well as the School Executive, gathered together to discuss the year ahead and hear about development plans on the horizon for the boys of Scotch.

EMG Christmas Luncheon

The Christmas Luncheon was held on Friday 15 December in the Boarders’ Dining Room, at which more than 200 Old Boys enjoyed a festive luncheon featuring an address from former staff member, Robert Doyle.

EXECUTIVE DIRECTOR’S REPORT: EVENTS (Cont’d)

Pictured:7. Graham Menzies, Sandra Dick, Gilbert

Farrow8. Bill McNaughton, Jim Derham, John

Christensen, Don Mason, Peter Turnley9. Mary McCoy, Wendy Hilton-Wood, Jan

Dimmick, Tim Shearer, Patricia Holdenson, Barbara Holder, Lois Logan, Norma Lithgow

Pictured:13. Hugh Wilson, Peter Henderson, Carolyn

Wilcox, Andrew Wilson, Patty Wallace-Smith, Tim Shearer

14. David Kemp, Kirsten MacLeod, James Ho15. Duncan McGregor, Michael Robinson,

Richard Loverdige, Doug Lording

Pictured:10. John Christensen, Liz Aitchison, Marg Gibbs,

Ian Law, Bunty Law, Peter Gibbs, Gus Hawthorne

11. Jim Morrison, David Beattie, John Wells12. John Vroland, Ken Hume, Anne Humme,

Robyn Vrolnd

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9

1110

14

13

12

15

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Scotch continues to look forward and respond to the many opportunities and challenges before us by developing facilities that look to the future education of our boys.

Our attention now turns to the creation of a much-needed dining hall/cafeteria facility for our Senior School boys and staff. Over the summer holidays the old Senior Science Building was levelled, paving the way for the existing Keon-Cohen Building (the original Hawthorn campus gymnasium) to be extended to the west and for the creation of some open space, which in time will link other student-related facilities, including 12 House home rooms.

The Senior School precinct will form a marketplace of collision and engagement for boys and staff at the very heart of our School. It will be a home for the boys, their aspirations, conversations and

collaborations; a place of enterprise, where opportunities are identified and explored, and solutions refined and brought to bear for the greater good.

The redeveloped Keon-Cohen Dining Hall, work on which is scheduled to commence in the second half of 2018, will form the hub of this precinct. Boys and teachers will gather to meet and eat, and share news and ideas, as they take time away from routines and let their minds wander to all that might be possible. The Keon-Cohen Dining Hall and the Senior School Precinct is a reflection of Scotch’s commitment to the holistic education of boys. It is purpose built and designed to facilitate intimacy, relationships and engagement that the

School sees as essential to every boy’s education, and to foster and encourage conversations of learning among boys and staff.

As in the past, the School and the School Council supported by the Foundation, will look to engage the Scotch Family to help deliver this exciting and much needed development. If you would like to support this project, or learn more about it, please contact Director of Development, Tim Shearer, on +61 3 9810 4301 or tim.shearer@scotch.vic.edu.au.

Tim Shearer (’85) DIRECTOR OF DEVELOPMENT

EXECUTIVE DIRECTOR’S REPORT

What’s Next?

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Foundation Timeline

Sir Laurence Muir (‘42) 1973-74

Bib Stillwell OAM (‘46) 1974-79

1973–79– 1973

Established with the assistance of the NFRC (National Fund Raising Council), a prominent fundraising consultancy. Laurie Muir (’41) was the driving force behind the formation of the Scotch College Foundation, in preference to running another capital campaign.

– 1973 – 76

Totally run by volunteers.

– 1976

Representatives from six significant American independent schools, visiting Australia as a result of an invitation from the Headmasters’ Conference of Australia, recommend the appointment of a full-time Development Officer of the Foundation.

– 1977

Brigadier Dick Durance appointed as inaugural Development Officer. The Annual Fund, the first in an Australian school, piloted with five Old Boy year groups.

– 1978

Pilot of Annual Fund extended to cover 15 year groups.

John McIlwraith (‘41) 1980-82

Sandy Murdoch (‘59) 1982-90

1980–84– 1980

Brigadier Durance retires and Peter Crook appointed as part-time Foundation Development Officer. Full-time secretary appointed.

– 1981

Annual Fund expanded to include non-Old Boy parents who have boys in Years 7 to 12. Phone-a-thons piloted.

– 1982

Grandparents’ Days introduced for grandparents of boys in Prep and Year 7.

– 1983

East Melbourne Chapter of Scotch Collegians established. Expanded some years later to include all Old Boys 75 years of age or older and renamed the East Melbourne Glen Chapter (EMG).

Brian Randall OAM (‘52) 1990-93

Michael Robinson AO (‘55) 1993-96

1985–1995– 1988

Development Office established to encompass OSCA, Foundation and Archives. Peter Crook appointed as first Director of Development and Foundation’s Executive Director.

– 1993

Lithgow Centre

– 1995

Language and Culture Centre

Michael Robinson AO (‘55) 1993-96

Peter Joyce (‘55) 1996-2001

1996–1999– 1996

Margaret Long appointed as Foundation’s Development Officer.

– 1998

Major two-year $7M Capital Campaign launched for the James Forbes Academy.

James Forbes Academy (final stage opened 2005)

The Spencer Centre for Design and Technology

Sir Zelman Cowen Centre for Science (2016)

FOUNDATION PRESIDENTS

Campbell McComas AM (‘69) 2001-04

Michael Stillwell (‘68) 2004-08

2000–2012– 2001

Campaign target for the James Forbes Academy reached.

– Peter Crook retires and is replaced as Director of Development by Alan Watkinson.

– 2007

Alan Watkinson heads to Trinity College’s Development Office and Astrida Cooper is appointed Acting Director of Development.

– 2009

John Da Cruz is appointed as Director of Development.

– 2012

Tim Shearer (’85) is appointed as Director of Development.

Michael Robinson AO (‘55) 2008-2017

2013–15– 2013

Major three-year $20M Capital Campaign for the Sir Zelman Cowen Centre for Science launched.

Life Support for Scotch program introduced for younger Old Boys.

– 2015

$20M Capital Campaign for the Sir Zelman Cowen Centre for Science successfully completed.

Doug Lording (’64) 2017-Present

2016–20 – 2016

$40M fundraising effort to perpetually endow the Scotch College Indigenous Scholarship Program, to fund the Spencer Centre for Design and Technology and the Keon-Cohen Dining Hall, and to support the Scholarship Fund launched.

– 2017

The Spencer Centre for Design and Technology is successfully completed and named in honour of the transformative $7.5M bequest from Lionel Spencer.

– The Tony Briggs Scholarship 24-hour fundraiser successfully raises $1,287,985, well in excess of the $750,000 required to establish in perpetuity Scotch’s first fully endowed Indigenous scholarship.

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THE SCOTCH COLLEGE FOUNDATION

2017 Donors

PILLAR 1

Building Fund

Sir Zelman Cowen Centre for ScienceAbercrombie, Drew ( ‘72) & ShaddaAberdeen, Paul (‘86) & NinaAddison, Peter ( ‘65) & SarndiAng Seong-Yong & KirstenAngliss, Tom ( ‘89) & MillieAshton, David (‘65) & MickyAshton, Peter (‘66)Auld, Jack (‘87)Balderstone, Richard (‘76) & SophieBarker, Ivan (‘66)Barker, RossBendschneider, Cameron & MichelleBest, James & Doris YoungBloom Norman & PaulineBloom, Richard (‘86) & LisaBodon, Peter (‘86) & CatherineBooth, David (‘71) & LibbyBowd, ChristopherBrewster, MabelBromel, Simon & KatrinaBrown, Bruce (‘60)Brown, Matt & JacquiBrown, John & LibbyBrown, Howard (‘62) & JenniferBrownel, l David (‘62) & JoannaBuckley, Jonathan (‘83) & KatieBufe, Hans & SallyBurns-Clark, Tracey, Will Clark, Mitch ClarkButtery, Jim & PoraneeCaine, Nick & FionaCannon, Saul ‘89 & KateCashin, Grant & LindaChambers, Andrew (‘83) & GennaChan, Vincent & HueChan, Peter (‘83) & Sheue-Ching OoiChan, Barry & LorettaChan, Patrick (‘83) & Vanessa KoChan, Raymond & Phyllis LauChan, Patrick & Hui CheahChang, Victor & Suzanne SiahChernov, Alex & Elizabeth

Chopra, Prem & RinkuChow, Matthew (‘91) & AprilChunilal, Sanjeev & LataCochrane, Andrew AM (‘72)Cohen, Andy (‘84)Cole, Kevin & CandiceCollingwood, John (’59) & ChrisCollins, Rae (‘37)Congleton, Ross (‘76) & RosemaryCooper, Brian & Paula FlynnCopeland, Ross & GinaCopolov, David (‘68) & ChristineCornell, Ian (’71) & JudiCowan, Paul & Samantha BrownCox, Andrew (‘86) & AbigailCox, Nicholas (‘88) & CarolineCraven, John (‘69) & MargaretCutinelli, Pino & DanielleDallalana, Richard & JenniferDavenport, Don & GlenysDavidson, Ben, Yolanda & FamilyDavis, Adam & HilaryDavy, William & Jacinta MooreDemetriou, Andrew & SymoneDevonshire, David & DebraDick, David & SandraDickinson, MatthewDimitroulis, George & PennyDobson, Ian (‘66)Douglas, James (‘84) & JulieDrummond, Craig (‘78) & BernadetteEdwards, Max (‘64)El-Khoury, Steven & CarolynEngland, Peter (‘70) & CharlotteEsnouf, Stuart (‘72)Evans, Matthew ( ‘86) & KateFielding, Rod (‘83) & LizFindlay, Peter (‘89) & AnnaFinster, Richard & FionaFish, Roy & Justine (‘81)Foote, Andrew & SarahForrest, Alex (‘59)Franklyn-Miller, Andrew & ShannonGall, David & GeorgieGiesen-White, Daniel (‘90)Gillespie, Roger OAM (‘69) & Lesley OAM

Gin, Douglas and Mrs SusanGoodwin, TomGough, Stewart & SallyGrabsch, Richard (‘79) & SusieGration, Douglas & TaniaGreco, Martin & NatalieGruner, John (‘82) & Kirsti StephensHa, Jason Han, KevynHand, Rob & AbigailHao, Dr Kang & Joy WanHarle, Simon & NickyHarris, Graham (‘55)Hassoun, Kal & Jien KittikhounHawdon, Brian (‘52)Hawthorne, Gus (‘54)Head, Gwenneth NancyHenderson, Peter (‘57)Hettige, Thushan (‘11)Hibberd, Adrian (‘64)Hill, Ian (‘67) & Michelle EhrlichHo, Ernest & ChloeHo, Mark (‘82)Ho, James (‘88) & CharissaHosking, Simon (‘97)Howcroft, ElizabethHughes, Chris (‘71) & SusanHunt, Giles & GillHunt, Sam (‘92) & GeorginaHunter, Sarah & TylerHyslop, John (‘94) & KarinIngham, Peter (‘62) & ElizabethIreson, JohnJackson, David & PrueJamieson, Robert & LibbyJanko, George & KarenJasper, Ken (‘55) & AnnetteJasper, Leigh (‘91) & AndreaJi, Dean & Mandy LiJiang, Steven & BettyJohnston, JamesJohnston, Ben (‘84) & IngridJohnston, Cam (‘67) & CarolineKaragounis, Chris (‘92) & DanielaKaralapilla, iDharshi & Anjali SanKarklins, Peter & SusieKeating, Nathan & NickyKemp, Charles (‘10) Kemp, Rod (‘63)Kemp, David (‘63) & Anne MarieKimber, Karen

Kluckow, Ian & JulieKriesner, Peter & Karen HoKunaratnam, Ishan (‘82) & CindiKwong, Errol (‘01) & PanrapeeLai, Wilson & Anita WongLangley, Brett (‘84) & LarissaLeong, Ken & Kit ChanLi, Cyril & MelindaLi, David & AngelaLi, Quan & Ling Ling ZhangLi, Douglas (‘59) & Sue HoLim, Peter & Shirley ThongLindsay, David & SallyLong, Ian (‘70) & MargaretLong, David (‘58) & PatLong, Richard (‘89)Long, Jonathan (‘89) & NickyLording, Doug (‘64) & LizLove, David (‘93) & VictoriaMacdonald, David (‘65)Mackenzie, George (‘49) and LorraineMacmillan, Tim (‘12)Macmillan, Jamie (‘09)Macrae, Fin (‘66)Mailer, Scott & KirstenMarshall, Sandy & SandraMcCleery, David (‘86) & LizzieMcDermott, DomMcDonald, Leonard (‘96)McGregor, Duncan & LizMcIlraith, David & SallyMcKay, Sam (‘93)McLeish, Stephen (‘80) & Pip NicholsonMcLeish, David (‘83) & SueMcNamara, Simon & GeorginaMcOmish, Ross (‘66) & GeraldineMcOmish, Don (‘55) & CatherineMcPhee, Neil & Liliana Jimenez AyalaMeadows, Paul (‘73) & Patricia CrossMiles, Christopher (‘93)Miller, Robin (‘84)Miriklis, Savas & Marie McCredieMiscamble, Charles & LynnetteMitchell, Ben & Susie VertiganMontague, Nick (‘86) & Kate FfrenchMorrison, Michael (‘53)Mosley, Hugh (‘80) & Noirin

Murdoch, Ashley (‘82) & Nicci GreenNadesapillai, Dr Suba & Dr WijiNehme, David & RitaNeil, VickiNelson,Richard (‘57) & SueNew, Kim & AngelNgan, Gordon & ChristyNorman, James & KateNorman, David (‘90) & Andrea WrightNorth, Andrew (‘94)O’Brien, Tom & KateO’Connell, Jason & Sarah LarcombeO’Nians, Richard & CarolynOoi, Jason & Julie ChuOrloff, James & Kirsten MacleodOziemski, Peter & ChandraPagnin, Dean & Julie-AnnePai, Charles & EllenPan, Jack & Helen HouPascoe, Andrew & LisaPaton, Geoffrey (‘57)Pawar, Manohar & Jaya HunagundPerry, Andrew (‘71) & AngelaPhillpot, Bill & GlenysPhillpot, Robert & CleaPillay, Prakash & Catarina AngPorter, JamesPotter, Andrew & SusiePrice, Madeleine & CameronPrice, Daniel & Kim WoodsProimos, George & EdaRabie, Capt S J & Mrs T LRallis, Arthur & SylviaRamasamy, Therese Randall, Brian (‘52)Rayner, TimRayner, Jenny & EdwardRichardson, Alastair & NarelleRichardson, Rod (‘87) and RacquelRobinson, James & Gabrielle ShoreRoseby, Robert (‘85) & Nicki LevyRoss, Malcolm & KerstenRuddick, Joshua Sciarretta, BillSearles, Mark & SianSellars-Jones, Richard (‘85)Shearer, Ben & CarolineSides, Bill (‘63) & DianneSim, Peter (‘72) & Margaret

Sim, Michael (‘78) & UrsulaSimpson, John (‘75) & CathySiregar, Imam & Sherly ZulkarnaenSkene, Henry (‘93) & CarolineSmith, Adam (‘85)Smith, Peter & Carol Standford-StarrSparks, Paul & Louise MurdochSpence, John Spence FRS (‘64)Steel, Philip (‘68)Steel, Philip (‘68)Steel, Philip (in name of Solomon Cohen)Steele, Geoff (‘85)Stern, Werner (‘50)Sullivan, Peter & Georgia KoumboulisSutherland, Andrew (‘84) & SallySutherland, Rohan (‘85) & CatherineSutherland, Bruce (‘85) & Susanna KingSuttle, Andrew (‘89) & AndySwansson Douglas (‘88) & Lisa HewSyme, James (‘59) Syme FamilySymons, Tony & CharlieTait, AlisonTait, Andrew (’84)Tan, Danny (‘04)Tang, Xiangyang & Xuemei Yin Teasdale, Anthony (‘94)Teoh, Mark & Fiona LeeThomas, Robert & RuthThomson, John (‘64)Tissot, Martin & MargieTownsend, Paul & CathyTyrrell, David (‘79)Upjohn, Ian (‘84) & SallyVidor, Andrew (‘85) & LJVrazas, John & VickieWaddell, Andrew & KimWallace-Smith, Andrew (‘72) & PattyWang, David & MaggieWang, Yan Quan & Xiao Xia LinWang, Yi Yuen (‘93) & VickyWang, Harry & Michelle ZhengWang, William & JulieWang, Edward & Lisa FangWarwick, Leighton (‘89) & BrigidWeeks, Kenneth (‘48)Wei, William & Ning Wang

Wilkinson, Fraser (‘84) & MeghanWills, Stuart & AntoniaWilson, JohnWilson, William Winneke, Richard (‘87) & LisaWittner, David (‘50) & RosetteWood, Stuart (‘84) & SamWright, Philip (‘69) & DotYan, Jingbo & Haitao YuYates, Peter AM & SusanYoung, Anthony & MayYu, David & DominiqueZhang, Ke & Yuqian GuZhang, Daniel & Joy HongZhao, John & Ying WangZhuang, Vincent & IrisZotov, Sam & Nadia Zotova

The Spencer Centre for Design and TechnologyAberdeen, Paul (’86) & NinaAlexander, Wayne (’83)Almond, Peter & Carmel Andrianopoulos, Christos & Nicky Armour, John (’46)Aston, Andrew (’85)Bailey, Chris (’64)Bannister, John (’53)Battersby, John (’50)Beanham, Sandra Bear, Graeme (’85)Beaurepaire, Donald (’64)Becroft, John (’59)Beischer, Andrew & Ellen Bendix, Carl (’65)Bennett, Bob (’55)Bethell, Ken (’37) †

Blair, Ross (’61)Boell, Bruce (’54)Booth, Alison Bouchier, Gwenyth Bowdern, Darren & Ann Bowman, Phillip Brewer, Lynton (’49) & EveBriggs, Richard Bryce, John (’74) & TheresaBuckley, Peter (’54) & MargaretBulley, Bob (’41)Campbell, Erica Carra, Jennifer Chalmers, Ross & Daphne Sawlwin Chambers, John & Loreen Chan, Yee & Ann Hoh

Chan, Patrick & Wei Chan, Wing & Vimmy Chapple, Shirley Chen, Ben & Vivian Si Chen, Kaixu & Lin Wui Pang Cheney, David (’58)Chi, Kee Ming & Jeanette Kwok Chi, John & Lisa Li Chin, Leeten & Judy Class of 2017Close, Geoff (’83)Clunies-Ross, Matthew (’84) & FionaClunies-Ross, Adrian (’51) & JulienneCoffey, Mark (’79) & KarenCollins, Mark (’58)Collyer, Tim (’85) & KylieCooper, Peter (’07)Cooper, Craig (’74) & AstridaCrawford, David (’62) & MaureenCrawford, Andrew (’89) & Anna DraffinCurrie, Blair (’57)Darby, Hugh (’49)Davey, Alexander & DanaDavis, Tony (’75) & MelissaDennis, Jim & Judy Di Donato, Enio (’77) & AngelaDingle, Craig & Sonya Doan, Tony & Carmen Dodson, Graeme (’47)Duckett, Robert (’72)Duke, Melinda & Chris Eager, Douglas (’62) & ElaineEdney, Tom (2015)Edwards, Gary (’60)Ellis, Ian (’49) & MarieEvans, Ken (’48)Ferguson, Kate & Mark Fergusson, James (’85) & JodineFly, William (’40)Forster, Milton (’61)Forster, Penny Fox Family Foundation France, David & Min Fraser, Graeme (’51) & PamFreeman, George (’47)Freeman, Marcus & Sarah Fu, Jian Li & Ning Huang Galletly, Peter (’51)Gani, Johan & Sukmi Gao, Ming & Chun Liu Gin, Trevor & Phyllis Chua Glass, Roger (’66) & SandraGoldberg, Gordon (’54) †

Goldie, Rupert & Samantha Rancewicz ’86Goradia, Jayesh & Sunita Goudy, Graham (’47)Grant, Darrell (’52)Gray, Peter & Penny Gray, Nick & Andrea Griffiths, Ben (’96)Grollo Ruzzene Foundation Gunnersen, Jenny Haintz, Mike & Jackie Hallenstein, Colin (’65)Hanna, Colin (’79) & PenelopeHao, Kang & Joy Wan Haratsis, Paul & Anita Hare, Stephen (’69) & JuliaHe, Adam & HongHe, Boyong & Dan Dan Tang He, Jay & Tiana Ding Heaton, Michael (’65) & StellaHendriks, Martin & Patricia Herbert, Philip (’70)Ho, Hung-Tao & Kan Hsiao-Kuang Hogg, Bill (’65)Houlihan, ElizabethHowcroft, Louis (Year 11)Jaeger, Chris Jamieson, BrianJasper, Ken (’55) & AnnetteJasper, Leigh (’91) & Andrea Jennings, David (’00)Jin, Junhui & Paula Li Johnstone, Charles (’89) & PaulaJoughin, James & Sharon Kabo, Konfir & Monica Lim Kelso, Jim (’47) †

Kinariwala, Ambrish & Seema Parikh Knights, Ann Lacey, Robert & Emma Lai, Wilson & Anita Wong Lam, Fung & Cecilia Zhao Larmour, Garry (’56) & MarjLazar, Justin (’86) & StephanieLe Brocque, Larry & Chris Lee, Kevin & Sara Lee, Bryan & Jiali Leslie, John (’35)Li, Baojun & Jane Yan Liu, Jeff & Stacey NanLivadaras, Spiros & Georgina Livitsanos, Andrew & Marina

Logan, Richard (’71) & PruLove, Roger Lu, Richard & Zoe Gu Luk, Edwin and AdaLupson Peter & Christine Dunn Ma, David & Lucy Lai Mackley, Kevin (’57)Macmillan, Andrew (’78) & JaneManley, Daryl (’51) †

Marks, Tony & Ruth (’46)McGregor, Leigh (’55) & Ros McKimm, Harry (’47)McLean, Alastair (’49) & AnnMcPhee, Anthony & Jessie McWilliams, Dugald (’90) & FionaMcQuilkin, Ivan (’67)McRae, Graeme (’54)McRae, John & Beverley Melville, Allan (’74) & DonnaMeng, Wenli & Hongbin Yin Mitchell, Ryan & Ainslie Cameron Moller, Carl & Sarah Montgomery, Scott (’85) & RowMoreton, David (’72)Morsby, Alexander (’41)Morton, Ian (’50)Motteram, Peter (’61)Murchie, James (’79) & JaneNash, Simon (’86) & ChristineNeale, Warren (’54)Nguyen, Trung & TinaNorris, Richard (’54)Old Scotch Football Club O’Brien, Brendan & EricaOrme, Mary O’Sullivan, James (’93) & EmilyParikh, Seema & Ambrish Kinariwala Park, Robert (’49)Park, Tom & Cathy Pathak, Neil Peacock, Ken (’72)Pearse, Jeremy (’72) & JulesPeng, Hong & Shao Qiu Penington, David (’47) & Sonay HusseinPhillips, Adrian & Lynne Lin Pickering, Tony (’57) & JudePierri, Luigi & Anna Pitt, Anthony & Natalie Plant, John & Heather

We would like to acknowledge the generous financial support of the following members of the Scotch Family who have made a commitment to one or more of the projects undertaken by the Foundation in 2017, and those who continue to support the School:

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Pratt, Ian (’84) & EmmaProwse, Bob (’62) & ElizabethQiu, Shao & Hong PengRees, Tom (’06)Reiher, Ian (’52)Reynolds, Peter (’61)Richards, Ronald (’66)Roach, Judy Roberts, Helen Robinson, Ian (’57) & JillRobinson, Ed (’93) & BaileyRoss, Cameron & Jo Rudolph, Suba & Navin Ryan, Joel (’04)Ryan, Eugene & Yiwen Rymer, Burnie †

Sandbach, Andrew (’09)Santini, Mark (’79) & Karyn MatotekSchilling, Steve & Jo Bayes Scott, Rod (’78)Scott, Bob (’73)Sennitt, Mitchell (2016)Shen, Peter & Ke Tang Sim, Stuart (’11)Smith, Lindsay & Catherine Solin, Peter & Melina Spencer, Lionel (1915) † and Yvonne †

Starkins, Anthony & Alicia Steele, Tony (’59) & JulieSteele, Peter (’72) & SallyStephens, Arthur (’44)Steventon, Geoffrey Stewart, Bob Stewart, Alex (’49) & BarbaraSutherland, Ian (’47)Swinburne, George (’61) & MaureenTadgell, Clive & Christina Tan, Chien Wei & Ping Ping Yeoh Tan, Hok & Rosemary Tao, Tom & Helen Tay, Valerie & Graeme Gonzales Taylor, Geoff (’63)Taylor, Ian (’49)Taylor, James (’85) & SusanTaylor, Neville & HelenTemple, David (’63)Tindale, Richard (’54)Ting, Gabriel & Emily LohTurnbull, Henry (’67)Turner, Luke & Nikita Turner, Robert (’66) & HeatherTurnley, Peter & Ros (’59)Vadhanasindhu Vorapong (’04)Wang, Zhihao & Yujie Liu Warr, Roger (’72)Wenzel, Peter (’60)Wilmot, Flora Wilson, Hugh (’65) & Noelene

Wright, Norman (’40) †

Xiong, Alex & Cindy Wei Yang, Wenjian & Thanh-Ha Huynh Yang, Yu & WendyYip, Gary & Debra Zhang, Kelvin & Linda Qu Zhang, Wei & Heidi Wu Zhou, Jian & Lin MiaoZotov, Sam & Nadia Zotova

Archive FundAtkins, Arthur (’35)Bainbridge, Brian (’54Brake, Bill (’41)Chuck, Alan (’69) (in memory of Joan Chuck) Clarke, Ian (’48) & Heather Cole, Nicholas (’53)Cook, Geoff (’45)Cornelius, Alison Evans, Tyrrell (’46)Fincher, Alan (’57)Gale, Rob (’52)Hartkopf, Leigh (’53)Hillier, Alistair (’65)Job, Ian (’61)Joubert, David (’47)Lane, Elizabeth Luth, Col (’54)Mactier, Will (’53)McGregor, Leigh (’55)Menzies, Graham (’47)Olorenshaw, Guy (’78)Olsson, Rodney (’60)Petchell, David (’62)Richards Ronald (’66)Ryan, Nick Sandbach, Alan (’74)Sandbach, David Stewardson, Jenny Teague, Ian (’52)Troedel, Alastair (’90)Watson, Angus (’51)Weymouth, Keith (’44)

Boarding House RenovationsBaker, Cliff (’45)Bear, Graeme (’85)Bowd, Trevor & Roslyn Cooper, Peter (‘07)Cooper, Craig (’74) & Astrida Cornell, Ian (’71)Gallacher, Barrie (’62)Grano, Bill (’40)Heinz, Pete & Jill Hopkins, John (’49)Jesse, Colin & Dallas Kollosche, John (’56)Larmour, Garry (’56)Lawrence, Graeme (’54)Laws, Barrie (’59)Macleod, Rod (’57)Mactier, Will (’53)

McAuley, Bill (’69)Petchell, David (’62)Purvis, Bill ’47Purvis, George ’49Rouch, Robert ’55Vial, Brian (’57)Wilson, Andrew (’66) & Heather Woodside, John (’60)Zerbe, Doug (’44)Zerbe, Ward (’37)

Library FundBainbridge, Ian (’47)Bryce, Zora Bryce, Denis (’46)Caraher, Michael (’58)Elder, James (’75)Gifford, Don (’69)Hallenstein, Hal (’64)Hallenstein, Colin (’65)Hardidge, David (’79)Hartley, Peter (’66)Lee, David (’73)Mellor, Andrew & Rebekka Pugh, Bill (’50)Rateau, Michel & Sheila Renard, Ian (’64)Sandbach, Andrew (‘09)Sennitt, Doug (’55)Watson, Malcolm (’70)Wittner, Arnold (’45)Wragge, Harry (’48)Zhang, Jianyi & Linlin Zhao Zhao, Kerry (‘14)

PILLAR 2

Scholarship Fund

Indigenous Scholarship FundAdams, Peter (‘65)Ahfat, Charles & ThereseAllen, Will (‘83 ) & Monique MorrisArt Show RaffleBadger, AnnBardas, David (‘54)Bates, Alan ‘71Batten, Doug (‘46)Baxter, Bill (‘64)Bellair, David (‘60)Bethell, Ken (‘37)Bi, Shuhua & Jingli GaoBlair, Ross (‘61)Blanch, Graeme (‘69)Boykett, John (‘48)Brack, Robert (‘72) & Annemarie Brook, John (‘48)Brooks, Robert (‘68)Brown, Michael (‘81) & Claire Rogers

Brown, Nick (‘87) & Prue Brumley, Graeme (‘53)Bulley, Bob (‘41)Bulley, Bob (‘41)Burrows, Rick (‘77)Cairncross, Andrew (‘85)Chapman, Myles (‘70)Class of ‘77 40 Year Reunion Colclough, Ian (‘58)Cooke, David (‘45)Coulthard, Ross & HelenCourtis, Geoff (‘66) & Nancy Cumming, Jim (‘68)Dempster, Keith (‘50)Deschepper, AdrianDower, Sue & RayDrummond, Craig (‘78) & Bernadette Duband, Julian (‘80)Duggan, Mark & MelissaEllis, Rob (‘47)Evans, Ken (‘48)Fairbairn, Nigel (‘75)Fell, Tony (‘89)Ferguson, David (‘56)Fishley, Peter (‘52)Forster, Milton (‘61)Fraser-Smith, Lachie (‘85) & Sarah Galletly, Peter (‘51)Glass, Roger (‘66)Gleeson, AliciaGoding, Jim (‘64)Goding, Jim (‘64)Grano, Bill (‘40)Grierson, David (‘56)Hain, Leon (‘53)Hall, Ernest (‘57)Hamner, LeeHansen, Ian (‘67)Hansen, Max (‘50)Harris, Ian (‘50) & Nance Herd, Harold (‘52) & Lynda Hogg, David (‘60)Issa, Karim & MargueriteJackson, VilmaJoachim, Denis (‘55)Johnson, Wally (‘53)Johnston, Stephen & BernadetteJoyce, Peter & Family (‘55)Kennett, Jeff (‘65)Kitchen, William (‘08)Kollosche, John (‘56)Lazar, Justin (‘86) & Stephanie Leckie, Ian (‘55)Legge, Chris (‘74) & Alison Lempriere, William (‘85) & Kristine Li, David & AngelaLilley, Stephen (‘68)Lipshut ,Alan (‘63)Lording Family Foundation Lucas, Neil (‘64)Macindoe, Linda & AlistairMacLean, Edwin (‘55)

Macmillan, Andrew (‘78) & Jane Manders, Steve (‘73)Manders, Marcus (‘37)Mansell, Peter (‘81)Marr, Doug (‘55)Marshall, PamMcGregor, Simon (‘85) & Julie Debeljak McKie, LynneMcLaren, David (‘68) & Loraine McLeod, Don (‘32)McLeod, Rory (‘63)McMicking, Rod (‘75)McNeice, Casey (‘07)McNeice, Rory (‘04)McNeice, Ned (‘07)Melville, Colin (‘51)Miller, Tim & Edwina PribylMitchell, JohnMorgan, Bill (‘35)Morton, Ian (‘50)Neil, AnneNgyuen, Trung & TinaNorris, Richard (‘54)O’Beirne, David & RobynO’Connor, Ken (‘61)Oliver, Richard (‘49)OSCA Sydney BranchParker, Rod & Gay MacgibbonPaterson, Ian & JeanniePetchell, David (‘62)Pitman, JanPrice, Richard (‘79)Price, David (‘58)Prowse, Robert (‘62) & Elizabeth Ramsay, Tom (‘43)Richards, Jim & Jayne (‘79)Richardson, Martin & LouiseRobinson, Jeff (‘55)Robinson, Will (‘89)Rounsevell, Philip (‘72)Roy, Neil (‘59)Santini, Mark (‘79) & Karyn Matotek Sellars-Jones, Winston (‘50)Senior School Swap ShopSim, Stuart (‘11)Sinclair, James (‘87)Sloan, Alex (‘71) & Karen WoodSmith, Maurie (‘41)Sparks, Paul & Louise MurdochSteel, Peter (‘84)Stokes, Eric (‘48)Strong, Antony (‘88) & Kynwynn Sunshine FoundationSutherland, Bruce (‘48) & June Synman, Alan (‘59)Taft, Leon (‘44)Taft, Peter (‘82)Tainsh, John (‘52) & Jill

Tan, Chien Wei & Ping Ping YeohThomson, Graeme (‘58)Tomlinson, David & RaeTownsend, Richard (‘57)Tudor, Ed (‘03)Tymms, Samuel (‘14)Upjohn, Ian & Sally (‘84)Violet Norma Sanders TrustWailes, KeithWardlaw, Ian (‘51)Webster, AmandaWestwood, Stephen (‘60)Wicks, Geoff (‘42)Wilson, David (‘69)Wilson, Andrew (‘78) & Ailsa Wilson, Ralph (‘47)Wilson, Andrew (‘80)Zotov, Sam & Nadia Zotova

Tony Briggs Indigenous Scholarship Fund1858 Club Abbott, Jon & Cheryl Aberdeen, Paul (’86) & NinaAdam, Tim (’90) & JanineAhl, August & Ranjit Aikman, David (’80) & DeidreAkaou, Hani & Carmen Allen, Bob & Jenni Allen, Ed (’85) & KatyAllen, Simon & Nicky Allen, Will (’83) & Monique MorrisAllinson, John (’83) Almond, Peter & Carmel Anagnostou, Maria Anderson, Lachlan (’98)Anderson, Laura & Peter Antonie, Chris Armstrong, Bruce & Denise Armstrong, John (’85) & RebeccaAshby, Scott & Penny Ashley, Wade & Catherine Ashton, David (’65) & MickyAssender, David & Tanya Aston, Andrew (’85)Atcheson, Doug & Rosemary Atkinson Family Atkinson, Noel & Victoria Aurel-Smith, Tim (’01)Australian Risk Services Badger, Ann Bailey, Samantha Baker, Elizabeth & Paul McDermottBaker, Simon & Rachael Barber, Helen & Keith Barber, James (’84) & Barbara McKinnonBardas, Belinda Barlow, David (’92) & Penny

Barton, Andrew & Helen Bassett-Smith, DianaBatty, Tom & LeeBayliss, Daryl & Nicole Bayston, Brian (’48)Beattie, Penny Becker, Talitha & Sandy Cameron Begley, Ross & Nicole Beilby, Greg & Monique Lopes Bentley, Byron Bergh, Amanda & Andrew Berry, Nigel & Meredith Besley, Guy (’85) & JackieBhargava, Atit Black, Stephen (’92)Blair, Cameron (’89) & LizBlanch, Graeme (’69) & GigiBlandford, Richard Blennerhassett, Adam (’90)Bloom, Richard (’86) & LisaBobeff, Ed (’92) & KatrinaBooth, Jenny & Marcus Booth, Malcolm & Kathryn Boreham, Gareth & Julia Balderstone Borthwick, Jane & Angus Boykett, Rick (’81) & JoBradbeer, Graham & Christine Brand, Caroline & Chris Holland Brassington, Matthew & Penny Brearley, Anthony & Sara Briggs, Tony (’85) & Damienne PradierBromell, Simon & Katrina Brook, John (’48)Brooker, Phil (’86) & Cynthia LeeBrooks, Mark (’79) & SuzieBrown, Geoff Brown, Howard (’62) & JenniferBrown, James Brown, John & Libby Brown, Matt & Jacqui Brown, Nick (’87) & PrueBrowne, Felicity & PhilipBruce, Robert (’88) & GeorgieBuchanan, Scott & Nicole Whitby Buchanan, Scott (’84) & Kathryn BloomBuckley Family Bungay, Steve & SavitaBuritica, Guillermo & Isabel Abad Burke, Bill & Belinda Burton, Barrie Byrne-Jones, Gary & Karen Byrnes, Tim Caine, Nick & Fiona Caldwell, Malcolm (’74) & Lindy

Cameron, James (’85) & SarahCampbell, Doug Campbell-Cowan, Garth & Elizabeth Carabott, Martin Cardillo, Joel & Adrian Rizza Carlisle, Hamish (’90) & Grace ChuCastan, Richard & Sue Cavanough, Owen (’87) & PernilleCavoli, Gemma Cester, Eugene & Fiona Chahin, Joe & Summer Chalmers, Ross & Daphne Sawlwin Chambers, Andrew (’83) & GenevieveChan, Barry & Loretta Chan, Patrick & Hui Cheah Cheasley, Andrew & Rita Chen, Michael & June Xu Chew, Mark Chow, Kenneth & Florence Foo Chunilal, Sanjeev & Lata Jayaram Clark, Jeff & Carolyn Clarke, Peter (’66) & JoanneClass of 2017 Clifford, John & Valerie Coates, Andrew (’85) & JackieCoates, Sam & Emma-clare Leckie Cockram, Shirley Cody, Jody Coggin, Stuart (’83)Cohen, Andy (’84)Cohen, David (’89) & SusieCohen, Sheldon & Sally Coleman, Dylan & Lee Collie, Will (’89) & FionaCollins, Mark Collins, Steve & GreerCollyer, Tim (’85) & KylieCongleton, Ross (’76) & RosemaryCooper, Brian & Paula Flynn Coutis, Peter & Elli Cowan, Paul & Samantha Brown Cox, Christine & Alan Chong Crockett, Nick (’95) & EdwinaCroes, Roderick & Julie-Anne Crook, Peter & Janet Daley, Geoff & Lisa d’Oliveyra Dallalana, Richard & Jennifer Cowen Daniel, Chris (’86) & VanessaDann, Jason & Fiona Dardel Jessop, Polina Darley, Mark & Wendy Darmos, Theo & Antje Holk

Dartnell, Jonathan (’79) & Lourdes DuranDavidson, Ben & Yolanda Davis, Jonathan (’86) & Briely TrollopeDavoren, Paul & Simone Dawson, Peter & Wendy Demetriou, Andrew & Symone Destefanos, Paolo & Melinda Fazekas Dethridge, Simon & Nicky Devonshire, David & Debra Dexter, Barrie (’51)Dhingra, Deepak & Rima Dick, George (’05)Dick, Hamish (’03)Dick, Henry (’09)Dick, David & Sandra Dickinson, Anthony Ding, John & Qing Yao Dixon, John & Joanne Dobbin, Campbell (’86)Dobsons Pty Ltd Dolkas, Peter & Caroline Donaldson, Gordon & Joyce Donaldson, Mark (’90)Donaldson, Tine Douglas, James (’84) & JulieDower, Ray & Sue Drummond, Craig (’78) & BernadetteDuggan, Mark & Melissa Duke, Chris & Melinda Eadie, Tom Eagles, Glenn & Jennifer Eaton, Chris & Julia Scarff Edmonds, Will & AmberEdney, Ben (’84) & Michaela SmithElliott, Jacquie Emmett, Robert & Jodie Euan, Thomas (2016)Evans, Matthew (’86) & KateEvans, Simon & Kathryn Everett, Mathew (’84) & PenelopeFairbairn, Lachie Farrand, Chris Farrow, Guy (’82) & JackieFeile, Norm (’88) & JaneFerguson, John Ferguson, Mark & Kate Fergusson, James (’85) & JodineFieldhouse, Amanda & Bob Chalmers Findlay, Peter (’89) & AnnaFletcher, Elizabeth Flocas, Robert (’88) & FannieFortey, Edward (’90) & SueFoubister, Anthony (’88)Fowles, David & Joan Fox, David (’88) & AndreaFrance, David & Min Francis, Brian & Jessica Francis, David & Paula

Francken, Jo Franetic, Roman Fraser, Lachlan (’05)Fraser-Smith, Lachie (’85) & SarahFreeman, Marcus & Sarah Fuller, Cheryl & IanFurphy, Peter (’89)Furphy, Sam & Sarah Gadsden, Craig Gadsden, Jimmy (Year 9)Gaidzkar, Peter (’92) & Clare RighettiGalbraith, Doug Gall, David & Georgie Gani, Johan & Sukmi Gannon, Rob & Sue Garner, Colleen & Glen Garner Family Garson, Mary Garson, Paul Gates, Chris & Emma Gawith, Peter & Anne Genreau, Marc & Sophie Gere, Pauline & Vincent Gibbs, David (’67)Gibson, Janet Giffard, Allan & Stephanie Gill, Andrew & Rachel Gillies, Rob (’84) & BecGin, Trevor & Phyllis Chua Giuffrida, John Glaspole, Jim (’82) & Josie YeatmanGllies Rob (’84) & BecGlover, Peter (2015)Glover, Tony & Libby Goh, Jeffrey & Julia Ng Goldie, Rupert (’86) & Samantha RancewiczGong, Andrew Gordon, Jeff & Anne-Marie O’Brien Gordon, Ray & Marie Graham, Philip & Louise Gration, Douglas & Tania Greco, Martin & Natalie Greenwood, Ros Gregor, Murray & Cindy Griffiths, Caleb (’07)Griffiths, Mark (’83) & AndreaGrollo, Adam Gundlach, Andrew & Merryn Dawborn-GundlachGupta, Yogita & NitinGunn, Jeanette Hall, Adam (’85) & PetaHall, Tom (’56) & GeorginaHallam, Paul & Perdita Halse, Robin & Greg Hamilton, Douglas (’02)Hamilton, Tom (’12)Hand, Robert & Abigail Handbury, Johnny (’88) & Georgie Hanna, Colin (’79) & Penelope

2017 DONORS (Cont’d)

36 37

Harle, Simon & Nicky Harrison, Adam (’83) & LizHassoun, Kal & Jien Hatty, Ted (’82) & FranHawkins, Tom & Lisa Hay, David & Courtney Hayes, Chris & Andrea Hayman, Jane & Simon Heath, Kim & Tim Heaton, Michael (’65) & StellaHeerding, Megan & Daniel Heine, Leslie (’62)Heine, Sarah & Marc Herskope, Vanessa & Michael Hill, Loretta & Keith Hill, Renae Hilton-Wood, Wendy Ho, Karen & Peter Hocking, Tony & Kate Hodges, Graham (’72) & AnneHogan, John (’49)Holder, Barbara Holding, Steve Honour, Jocelyn Hooley, Ross (’78)Hopkins, Ophelia Hosking, Greg & Linette Etheredge Hosking, Tim (’99)Houlihan Family Trust Howard, Suzanne & Josh McGoldrick (’91)Howcroft, Russel (’83) & KateHrelja, Edin & Sylvia Huang, Ken & Angeline Hughes, Lachlan (’92)Hume, Richard (’87) & SusanHumphreys, Jane & David Hunt, Giles & Gill Hunt, Hamish (Year 11)Hunt, Robin Hunt, Sam (’92) & GeorginaHurley, Michael (’89)Hutchings, Simon & KateHutchinson, Rob & RowenaHuynh, Thanh-Ha & Wenjian YangHyman, Kenneth Iansek, Tom (’03)Icasiano, Pam & VincentImer, Rebecca Ischia, Joseph (’91) & DaleIser, David (’89) & Nina Wellington IserIser, Rose & Ramsay SmithJackson, Chris (’85)Jackson, David & PrueJames, Ros & Ben Janko, George & KarenJassal, Sunil & LaureleeJie, Riddick & Emily GuoJie, Xiangdong Joel, Shareen & Dean

Johns, Michael (’84) & SusannahJohnson, Vanessa & Chris Johnston, Tim (’85) & AmeliaJohnstone, Charles (89) & PaulaJoubert, Jo Kamvissis, Alex & RobynKane Construction Kane, Jamie Kapouleas, Katerina & ChrisKaralapillai, Dharshi & Anjali San Karunaratne, Nick & SusanKaya, Oljay & Ozzie Kayak, Eugenie & Giles KelseyKeep, Philip (’80)Keep, Thomas (’11)Kemp, David (’59) & Anne MarieKilroe-Smith, Russell (’86) & GeorginaKing, Alex (’10)King, Scott & SusieKirby, Di & Steve O’BrienKiss, Cathy Kitson, Maxwell (’90)Kluckow, Ian & JulieKnowles, Beverley & Roger GoodwinKnox, John (’90)Kyriazis, Con Lacey, Rob & Emma Lai, Yvonne Li Langley, Brett (’84) & LarissaLawrence, Jill Lawson, Rob (’85)Leckie, Ian (’55)Leeton, David (’85) & Jacqui ShannonLeeton, Sharon Legge, Chris (’74) & Alison Lemaire, Anita & PaulLempriere, William (’85) & KristineLempriere, Max (Year 10)Lempriere, Tom (Year 9) Li, Cyril & Melinda Li, Baojun & Jane YanLi, Jiewu & Bo Lin Li, John Chi & LisaLi, Nelson & Yvonne Lai Lim, Joanne & CS TohLing, Lilly & AllanLingwood-Smith, Grant (’80) & Traci EathorneLinossier, Michele Lisle, Deborah Liu, Chun Jie & Ming GaoLivadaras, Spiros & GeorginaLodge, Richard (’85) & Stella RhodesLong, Ian (’58) & Margaret Lording Foundation (’64)Love, David (’93) & Victoria

Loveridge, Richard (’80) & KatrinaLu, Jessica & Max WangLucas, Andrea Lupson, Peter & Christine Dunn Lyons, Graeme & AnneMacgibbon, Gay & Rod ParkerMaclean, Elizabeth & Marcus KennedyMacNaughton, Susan & Jeremy WernertMaginness, Scott (’84) & AnnaMainland, Roderick (’86) & GeorginaMander, Peter Mann, Kirstin & Marcus BolgerMarchant, Craig & Susan ShawMarchment, Ian (’64)Markey-Hamm, Sarah & Simon HammMarks, Paul & AnnaMarriott, Cath Marshall, Bec Martin, Caroline & AndrewMartin, Jamie Mason, Guy & JoMatear, Rick Maughan, Mark (’80) & Wuff KeebleMcAndrew, Lucy & DavidMcCann, Andrew (’96)McClusky, Fenwick & Kelly ButterworthMcCorkell, Lisa & Adrian McDermott, Dominic (’12)McDermott, Paul McDonald, Bill (’44) & JacquiMcDonald, William (’81) & JanineMcEwan-Smith, Jane & Ashley SmithMcGoldrick, Josh (’91) & Suzanne HowardMcGregor, Simon (’85) & Julie DebeljakMcQueen, Gus (’91) & SaraMcInnes, Robert (’84)McKay, Georgia McKay, Sam (’93) & SallyMcKenzie, Craig (’85)McLaren, Robert (’73)McLeish, David (’83) & SueMcLeish, Stephen (’80) & Pip NicholsonMcLeod Club McMahon, Julie & PaulMcNamara, Chris & Diana McNamara, Simon & GeorginaMcPhee, Neil & Liliana Jimenez Ayala McWilliams, Dugald (’90) & FionaMeggitt, Prudence

Meikle, Peter & AlisonMerigan, Dick (’78) & KimberlyMetcalfe, Richard (’85) & SarahMiao, Lin & Jian ZhouMiddleton, Andrew (’89)Miles, Louise Millar, Rob (’75) & KellyMiller, Nicholas & Caroline McNamaraMiller, Robert (’84)Mioduszewski, Martin & JodieMiscamble, Charles & Lynnette Moloney, Michael Molony, Andrew & AnnaMontgomery, John (’60), Peter (’87), Edward (’90)Montgomery, Scott (’85) & RowMoore, Libby & KeithMorrison, Julia Morshead, John & LibbyMortimer, Rebecca Moss, Andrea Mount, Stephen & Karen Kimber Munday, Nigel & Sally Munro, Jacinta & DavidMurdoch, Geoff (’81) & Lisa Galbraith Murphy, John Murray, James (’89) & KatherineMursell, David (’75) & PaulineNAB Nash, Simon (’86) & ChristineNehme, David & RitaNguyen, Linh & VyNicholls, Lang (’85) & PennyNinnis, Jane & MalcolmNolan, Andrew (’83) & Yeung NgOates, Anthony O’Brien, Tom & Kate O’Connell, Jason & Sarah Larcombe Old Scotch Football Club Oliphant, David & FionaOlney, Robert (’79)O’Nians, Richard (’88) & CarolynOrloff, James & Kirsten MacLeodOrr, David (’69)O’Shannessy, Cailin (’06)O’Sullivan, Elizabeth & John Palazzo, Carolina & RogerPang, Mavis & Ted ChenPapapetrou, Bill & HarikliaPappas, Athanasia Parikh, Seema & Ambrish KinariwalaParks, Scott (’82) & JaneParnham, David & Jennifer Easton

Paterson, Andrew (’87) & SophiePaterson, Jeannie & IanPavlevski, Michael & ElaPernell, Lorena & MarkPerry, Andrew (’71) & AngelaPerry, Malcolm & Lauren Persson, Emily Philip, Megan Phillips, Annabelle & RichardPhillips, Grant & SuzannePhillips, Adrian & Zhidan Lin Phillpot, Robert (’91) & CleaPillutla, Prasad & UmaPolkinghorne, Michael (’78) & DonnaPongracz, George (’84) & JoPowell, Joe & RachaelPrep Students Pribyl, Edwina & Tim MillerPrice, James (’85) & Sue OddiePrice, Richard (’79) & MargaretPrior, Sam (Year 9)Pritchard, Sally Purton, William (’71)Quartermaine, Mark & Sharon Ramasamy, Dayalan & Michelle Ananda-Rajah Ramesh, Etta Prithvi Rametta, John & Nadia Raw, Richard & Rosemary Rayner, Tim Redman, Stuart (’85) & CarolineRichards, Adam & AliceRichards, Andrew & SonyaRichardson, Rodney (’87) & RacquelRickard, David & NonieRickard, Peter & LisaRigopoulos, Theo & Tanya OrfanidisRitchie, Stephen & Jill CoadyRobertson, Ian Robinson, James Robinson, Michael (’55) & Judith Robson, Ian & JulietteRoda, Claudio & Nicoletta LarobinaRogers, Andrew (’84) & SusanRogers, Claire & Michael Brown (’81)Ronan, Clyde (’69) & Lyndy Roseby, Rob (’86) & Nicki LevyRoss, James (’98)Ross, Jo & CameronRoss, John (’85)Ross, Nada Roy, Michael (’03)Russell, James (’80) & Sam

Ryan, Adrian & Nikki Dawson-RyanRyan, Eugene & YiwenSantucci, Anna Savage, Ian & BevSavage, Patrice Scarborough, Tim (’90) & AdelaideSchilling, Steve & Jo Bayes Schultz, Rebecca & DeanSchultz, Sherril Scoones, Bec & JamesScotch College Cadet Auxiliary Scotch College Foundation Searby, David (’89) & SarahSearles, Sian & MarkSellars-Jones, Richard (’85)Sellers, Brenton & Amanda Shaw, Gordon (’77) & Leanne WheatonShea, Ethan (Year 11)Shearer, Ben & CarolineShearer, Tim (’85) & ChristineSheezel, Julian (’86) & NarelleShen, Leo & Joan Zhang Sheng, Bruce & Teresa Sides, Bill (’63) & DianneSilva, Thiago Da Sim, Michael (’78) & UrsulaSinclair, Roger (’58) & PamelaSmith, Adam (’85) & Karen Walsh-SmithSmith, Ethan (’99)Smith, James (’10)Smith, KJ Smith, Michael & KimelleSmith, Michaela & Ben Edney (’84)Smith, Rob Solin, Melina & PeterSombekke, Fiona & BernieSparks, Paul & Louise MurdochSpeedie, Robert & AngelaSpeyer, David & Elisa GarzarellaStaley, Alex & Rohan HughesStalker, Katrina Start, Jason & Christine NobletSteele, Raymond (’85)Stillwell, David (’03)Stillwell, Michael (’68) & Jillian WoinarskiStock, Robert (’82) & SarahStockley, Michael & Maree BroadStrathmore, Neil & Margot DaveyStrong, Fred (Year 9)Strong, Rosslyn & StevenStuart, Redman (’86)Stubbings, Gowan & Cath

Su, Charles (’82) & Emily LoSummerhayes, Georgie & MarkSutherland, Andrew (’85) & SallySutherland, Bronwen & AndrewSutherland, Bruce (’48) & JuneSutherland, Keith (’89) & Roma RosolinoSutherland, Rohan (’85) & CatherineSuttle, Andrew (’89) & Andrea Sutton, Robyn & DamonSwansson, Douglas (’88) & Lisa HewTaft, Rodney (’57)Tait, Andrew (’84)Talbot, Daryl & Sally Gluyas Tan, Cathy & Phil CroweTaylor, Andrew (’84) & DeborahTaylor, Damian & Kirsten GrayTeasdale, Ann & John Teasdale, Anthony (’94) & AmeliaTeasdale, Stuart (’92) & EloiseTeoh, Su Ann The Little GrocerThomas, Graham Thomas, Lance & KarenThomas, Rob & RuthThoms, Gordon (’83) & BronwynTinkler, F J Trask, Fiona & Adrian ChavesTrembath, Belinda Trembath, Peter & Jane Trotter, Liz & Bernard SherlockTurnbull, Annelies & PhilipTurner, Luke & Nikita Turnley, Peter (59) & RosUpjohn, Albert (Year 9)Upjohn, Ian (’84) & SallyVan Boxel, Claire & Neil GrayVeitch, Alastair (’81) & Jane DoyleVidor, Andrew (’85) & LJViney, Emma Vroland, John (’59) & RobynWaddell, Sam (Year 11)Walker, Glenn (’84) & NicoleWalker, Kerry Wallace-Smith, Alexander (’03) & KatherineWallace-Smith, Andrew (’72) & PattyWallace-Smith, Nicholas (’01) & EmmaWallace-Smith, Simon (’73) & Lou

Wang, Jennifer Wang, Michelle & Harry Wang, Xingdong & YajunWang, Yong Wang, Zhipeng Ward, Andrea Watson, James (’83) & TinaWebb, Bruce (’79) & KerryWebster, Amanda Webster, David (’78) & AndyWebster, Stephen (’73) & AlvieWestern, Rick (’80)Whitbread Family Williams, Daryl & Samantha Ellis Williams, Lynette & LyntonWilliamson, Eric & Vicki MachinWilliamson Susan Willson, Michelle Wilson, Andrew (’78)Wilson, Bruce & Larissa Wilson, Christopher & Amanda SumpterWilson, Hugh (’65) & NoleneWindarra Foundation Winneke, Chris (’85) & Jane DixonWischer, Michael (’82) & SamanthaWoods, Jacqueline Woolacott, Brian Woollard, Andrew & JennyWu, Kevin (Year 10)Wyld, Robert (’89) & ClareXu, Jack & Helen Cui Yang, Ying & Jianliang YuYear 1 Boys Year 2 Boys Year 3 Boys Year 4 Boys Year 5 Boys Year 6 Boys Year 7 Boys Year 8 Boys Morrison HouseBond HouseMonash HouseGilray HouseDavidson HouseLawson HouseForbes HouseSelby-Smith HouseFleming HouseField HouseEggleston HouseLittlejohn HouseYeomans, Neville (’59) & MargotYu, Kevin & Donna Chen Yuvaraj, Kanchana & Yuvaraj JagadeesanZhao, Xiao-Lin & Dan HuZhuang, Xiaofeng & Huiying Ouyang Zotov, Sam & Nadia Zotova

Foundation Scholarship FundBainbridge, Ian (’47)Barber, James (’84) & Barbara McKinnon Benjamin, Cyril (’59)Blackwell, Margaret Box, John (’52)Caldecott, David (’80)Campbell, Rob (’77)Coates, Tony (’55)Congleton, Ross (‘76)Connell, Denis Conochie, David (’67)Cook, Robert (’47) & GillianCooke, David (’45)Crow, Murray (’45)Dexter, Barrie (’51)Errington, Max (’56)Godsil, Jim (’97)Gundlach, Hugh (2002)Harkness, Jim (’68) & Jackie Holmes, Andrew (’61)Kerr, Rob (’46)Mailer, Malcolm (’53)McKinnon, Fay McLennan, John Noack, Brian (’47)Paterson, Annie & John Paton, Walter (’32)Pickering, Tony (’57)Price, Ken (’43)Quach, Kien & Lang Ray, Alan (’65)Robertson, Donald (’64)Robinson, Michael (’55) & JudithRowe, Brian (’41)Scott, John (’64)Scott, Mike (’45)Sim, Chwee Smith, Bill (’39)Stott, Alastair (’77)Symington, Ian (’65)Taft, Ron (’36)Taylor, Ian (’49)Thomson, Graeme (’58)Upjohn, Edward (’92)Van den Berg, Noel (’51)Wicks, Geoff (’42)Wisely, John (’65)Woodside, John (’60)Zota, Sorin (2013)

Michael Robinson Scholarship FundCockram, ShirleyLithgow, NormaMalloch, FrancesMarshall, Pam Menzies, Graeme (‘47)Mishura, Paul Moyes, Don (‘50)Newnham, Ken ‘58Nguyen, Edison (2016)

2017 DONORS (Cont’d)

Robinson, Michael (‘55) & Judy Wilson, Hugh (‘65)Yunghanns, Peter (‘55)

PILLAR 3

Endowment FundMacleish, Donald (Scotty) AO (’46)†

Watson, Spencer (’40)†

PILLAR 4

Realised BequestsBrewster, Mabel †

Kelso, James OAM (’47) †

Macleish, Donald (Scotty) AO (’46) †

Manders, Marcus (’37) †

Mitchell, John (’46) †

Paton, Walter (’32) †

Watson, Spencer (’40) †

38 39

THE SCOTCH COLLEGE FOUNDATION

Alexander Morrison CircleThe Alexander Morrison Circle was established in 2003 to recognise the generosity of those in the community who have indicated their intention to remember Scotch College in a bequest as part of their charitable intention.

Membership is presented to anyone who indicates such a bequest, regardless of the level of financial commitment.

Abrecht, Roger G 1947†

Addison, Marshall B 1934†

Aitken, Jamie M 1963Ainger, Ern A 1939†

Albury, Gilbert W 1961Anderson, Ian H W 1942†

Andrson, Ronald H 1939†

Andrews, Keith S 1940†

Archibald, Roy H 1937†

Armstrong, Alexander 1909†

Ashton, David J 1965Ashton, Peter M 1966Baker, F Harry U 1917†

Balderstone, Robert T 1939†

Banks, Neroli†

Batty, Alister C 1924†

Baughurst, S Bruce 1952Baughurst, Bill H 1947†

Bayles, William J 1878†

Bayston, Brian D 1948Bean, A Victor D 1926†

Beck, Gustav T†

Bellair, John M† 1927 & Peg†

Bendix, Carl J 1965†

Bethell, Ken C B 1937†

Bisley, Warwick 1989Blackham, Keith G W 1926†

Blackwell, Allan H 1939† & Margaret†

Blazey, Eric L 1920†

Boell, Graeme R 1953†

Bothroyd, John S 1920†

Bowden, H Geoff 1946Boxer, Alan H 1945†

Boykett, John K H 1948Braid, Max L 1935†

Brewster, Beth†

Broadfoot, Eric C 1926†

Brooks, Robyn ABrooks, Dr Ron BBrown, Robert Q RBryan, Frederick 1878†

Buchanan, George C 1926†

Bulley, Bob 1941Burton, Ian F 1946†

Cann, Ian N 1946Carra, Jennifer LCarson, George M 1947†

Cattanach, William 1880†

Christian, Ken L 1938†

Christie, Laurence H 1934†

Chuck, Alan K 1969Clements, John K 1940†

Close, Geoff 1983Cocking, Kelvyn M T 1938†

Collins, Rae B F 1936†

Conabere, Anthony B 1960Cook, Robert M 1947Cooke, B David 1945Copolov, David L 1968

Cordell, Tony M 1957†

Cornell, James G 1922†

Cossar, Brian D 1955†

Cossar, Norman C 1925†

Cowling, Ken J 1932†

Crocker, Clive G 1948†

Croll, Eric A 1915†

Crook, Peter LCrow, Rev. Archibald P 1938†

Crow, J Ross 1938†

Curnow, Ronald C 1948†

Dann, Helen M† *Dallimore, George M 1919†

Davey, Colin P 1944†

Davis, James 1921†

Davis, Harold 1917†

Davidson, Malcolm JDe Ravin, John T 1948†

De Ravin, Sue†

Del Cott, Mrs R A M†

Dick, Ronald G†

Dimmick, JanDoig, Walter G†

Dowling, Bruce T 1948Duncan, Colin B 1931†

Ebell, John C 1925†

Edwards, Alan R 1937†

Elvish, Albert B 1922†

Errington, Max J 1956Eustace, Herbert V 1893†

Eva, Lloyd S 1932†

Fairbairn, James G 1947†

Feitel, Maurice 1926†

Ferres, Ian N 1955Field, J Charles 1868†

Field, Hugh S†

Field, Kenneth F†

Fleming, Allan 1929†

Foale, Maurice S†

Fotheringham, Winifred L†

Fraser, David H†

Freeman, George A 1947Freemantle, Jim M 1960Gardner, Charles E 1926†

Garrett, Eric N†

Geary, Barry E J 1955†

Gentle, Brian G 1953Gibson, Donald A 1926Gibson, James S 1928†

Gilchrist, Alan R 1938†

Goldberg, Gordon D M 1955† *Goode, Charles B 1956Goudie, Alexander G 1935†

Gray, Archibald H 1939†

Greig, Harry D 1921†

Grounds, A David 1946†

Gunter, George S†

Harkness, Peter K 1951† *Harding, Douglas D L 1942†

Hart-Smith, D Neil 1960Harris, Norman C 1905†

Harvey, Roy F 1921†

Hattie, Juliet†

Healey, Colin O† & Margaret†

Hey, Peter G 1948†

Hilton-Wood Wendy Hindle,Geoffrey R 1960Heywood, Doug 1942†

Holdaway, PatriciaHolder, BarbaraHolder, Ken B 1940†

Hooper, Cecil G 1925†

Hornidge, J David 1957Hume-Cook, James†

Hutton, C David 1947†

Hyett, Anthony R 1981Illingworth, Ross A 1983Ingram, Andy R 1956Ingram, Robert S 1922†

Ingram, William B 1960†

Isaac, Cyril H 1927†

Jackman, H Stuart 1924†

Jamieson, Ian A 1948†

Johnson, E Dick 1937†

Johnston, J Cam 1929†

Johnston, T Campbell 1966Jona, Walter 1944†

Jonas, Morris A 1934†

Kelso, James C 1947†

Kennedy, John C 1933†

Keon-Cohen, Colin H 1925†

Kerr, Robert D OAM 1946Kerr, Walter M 1924†

Kidd, David J 1950†

King, John R 1949†

King-Smith, Eric A 1942Kinnear, John H 1928†

Kirby, Mary T†

Kollosche, John F 1956Laing, Bruce A 1943†

Leach, Don R & Margaret ALeckie, John B 1938†

Ledger, Laurence H 1925†

Leslie, John W OBE 1937†

Liebach, Effie A†

Lipshut, Phillip E 1937†

Lithgow, Don J 1944†

Loban, Alan R 1930†

Logie-Smith, Robert G 1960Longmore, Carlisle F 1898†

Lord, Peter R 1946Love, Eric R 1929†

Macdonald, Donald Ellis

1941†

Mackie, Family†

MacKinnon, Donald†

Macleish, Donald (Scotty) G 1946†

Macrae, Fin 1966

Mactier, Ross J O 1957Mactier, William R 1953Maling, Gerald A 1915†

Manders, Marcus E 1937†

Manley, Daryl J D†

Mann, Charles S 1924†

Marshall, Pam SMarshall, William T 1955†

Martin, Russell S 1947† *Mathew, Mungo S 1910†

May, J Kenneth 1943†

McBain, Euan E.R 1949McClean, R Bruce 1953†

McComas, Geoffrey† McComas, Mary Liz† McComas, Meredith†

McDiarmid, Robert S 1931†

McDonald, Alan A 1929†

McDonald, William H 1944McDonell, James T 1926†

McGregor, Don 1972McGregor, Leigh K 1955McIlwraith, John 1941McIntosh, Ian R 1950†

McKechnie, Campbell A 1943†

McKee, A Geoff 1937†

McKenzie, Derek N 1933†

Mckenzie, Jean M†

McLennan, Alan J 1941†

McLeod, Norman G 1864†

McMurtrie, Ian 1958McLeish, Graeme R 1947†

McQueen, Kelman 1943†

McWhinnie, Noel R I 1954Meares, Alison E†

Mellor, Michael AMendel, Dr H Bernhard†

Menzies, Graham A 1947Mishura, Paul AMitchell, John H 1946Montgomery, J A Ross 1911†

Moore, Donald G†

Morgan, JaneMorton, Ian H 1950Moss, Francis J 1927†

Moyes, Don G 1950Muntz, Jim 1951†

Murray, Ian D 1956Nairn, Donald J 1925†

Nairn, Kathleen C†

Nesbitt, Ian R 1965Ness, Ian A 1954†

Nichols, C Roy 1926†

Nicholson, G Harvey 1934†

Nilsen, Oliver V A 1926†

Nixon, Noel V 1926†

Noack, Brian 1947Ogilvy, Alexander W 1943†

Orr, Bob P 1940†

Orton, Lloyd E A 1935†

Paton, Geoffrey F 1957Paton, Maxwell S 1926†

Paton, Walter J 1932†

Patterson, Joseph A 1923†

Pilkington, Alan R 1959Powell, J D 1945†

Pralle, Keith† & Peg 1927 *Pryde, Donald 1915†

Purvis, William A 1947Quilliam, Lindsay J 1929†

Ramsay, Harry J 1921†

Ramsay, Thomas M 1924†

Randall, Brian C 1951Reed, Gillian†

Rehfisch, Bill W J 1934†

Reiher, Ian J 1952Richards, Ronald 1966Richardson, Harry L† & Ruby 1935†

Riddell, R James 1929†

Rimmington, Bertha L E†

Roberts, Neil L† *Roberts, Bill O 1951†

Robertson, Ian 1945† & JudyRobertson, Struan 1916†

Robinson, Lance R A 1924†

Robinson, Michael B 1955Robinson, Arthur 1887†

Roddick, Alan W 1926†

Rouch, Robert B 1955Rowe, Brian C 1941Saltau, William D 1913†

Scarborough, Julie†

Schlapp, Henry R 1913†

Schlapp, Eberhardt G 1913†

Scholes, John F M 1938†

Scouller, Ernest G 1935†

Selby Smith, Christopher 1960†

Semple, Ken M 1935†

Shaw, Felicity, L†

Shearer, Tim J ‘ 1985Sherrington, John H 1929†

Sherwen, Ian T 1946†

Shrimpton, Molly F†

Sides, William L 1963Sim, Michael K 1978Simmie, Roy W 1937†

Simms, John A1937†

Smith, Alan E N†

Spencer, Lionel R V 1915†

Spinks, Frank L1939†

Staley, William1954†

Steele, Philip A 1968Stewart, Emily Elsie Elizabeth†

Stillwell, Michael J 1968Stirling, Alfred T 1918†

Strutt, Ward 1931†

Sutherland, Ian T 1947

Sutherland, John G 1884†

Sutherland, Ken J G 1934†

Sutherland, Rita V†

Swaney, Bill E 1937†

Symons, Harry S 1951†

Tallent, Lindsay A 1943†

Tapp, A Garth1939†

Taylor, Arthur†

Thallon, Robert J 1941†

Thomas, Frederick G H 1942†

Thompson, Bryce J 1902†

Thompson, Kate M†

Tilley, Roy G1918† *Tingate, John B 1943†

Tingate, William S 1955†

Turner, John†

Turnley, Peter E 1959Vines, Robert G 1910†

Walker, Glenn M 1984Wall, John M 1941†

Warner, Patricia† *Wallace-Smith, DavidWatkinson, Alan RWatson, Noel†

Watson, Spencer R 1940†

Webster, J Stephen 1973 & Alvie CWelch, Frank A 1936†

Werner, Don M 1961†

Weymouth, P Keith 1944White, William D 1942†

Wickens, Claire†

Widmer, Blair 1931†

Williams, Geoffrey 1946Wisely, John 1965Wishart, Jack 1915†

Wood, Donald M 1930†

Wood, Ken P 1933†

Woodside, John W 1960Yeomans, Neville D 1959Youren, Colin G 1956†

Anonymous 11†

Anonymous 43

† = Deceased* = Subject to life tenant

THE SCOTCH COLLEGE FOUNDATION

Foundation MembersFor a complete list of the Scotch College Foundation membership, please refer to the Scotch College Foundation website.

ALEXANDERMORRISONCIRCLE

4140

4342

THE SCOTCH COLLEGE FOUNDATION (INC)

Declaration by the Board Of Trustees

TO THE MEMBERS OF THE SCOTCH COLLEGE FOUNDATION (INC)

Report on the Audit of the Financial Report

In the opinion of the Board of Trustees of The Scotch College Foundation (Inc):

a. the accompanying financial statements and notes are in accordance with division 60 of the Australian Charities and Not-for-profits Commission Act 2012, the Associations Incorporation Reform Act 2012 and comply with Australian Accounting Standards - Reduced Disclosure Requirements and give a true and fair view of the entity’s financial position as at 31 December 2017 and of its performance for the year ended on that date; and

b. at the date of this declaration, there are reasonable grounds to believe that the Foundation will be able to pay its debts as and when they become due and payable.

On behalf of the Board of Trustees

Opinion

We have audited the financial report of The Scotch College Foundation (Inc), which comprises the statement of financial position as at 31 December 2017, the statement of surplus or deficit and statement of other comprehensive income, the statement of changes in equity and the statement of cash flows for the year then ended, and notes to the financial report, including a summary of significant accounting policies, and the declaration by the Board of Trustees.

In our opinion the accompanying financial report of The Scotch College Foundation (Inc), is in accordance with Division 60 of the Australian Charities and Not-for-profits Commission Act 2012 and the Associations Incorporation Reform Act 2012, including:

i. Giving a true and fair view of The Scotch College Foundation (Inc)’s, financial position as at 31 December 2017 and of its financial performance for the year ended on that date; and

ii. Complying with Australian Accounting Standards – Reduced Disclosure Requirements and Division 60 of the Australian Charities and Not-for-profits Commission Regulation 2013.

Basis for opinion

We conducted our audit in accordance with Australian Auditing Standards. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Report section of our report. We are independent of The Scotch College Foundation (Inc) in accordance with the Australian Charities and Not-for-profits Commission Act 2012 (ACNC Act) and the ethical requirements of the Accounting Professional and Ethical Standards Board’s APES 110 Code of Ethics for Professional Accountants (the Code) that are relevant to our audit of the financial report in Australia. We have also fulfilled our other ethical responsibilities in accordance with the Code.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Other information

The Board of Trustees of The Scotch College Foundation (Inc) are responsible for the other information. The other information comprises the information in the registered entity’s annual report for the year ended 31 December 2017, but does not include the financial report and our auditor’s report thereon.

Our opinion on the financial report does not cover the other information and accordingly we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial report, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial report or our knowledge obtained in the audit, or otherwise appears to be materially misstated.

If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Responsibilities of the Board of Trustees for the Financial Report

The Board of Trustees of The Scotch College Foundation (Inc) are responsible for the preparation of the financial report that gives a true and fair view in accordance with Australian Accounting Standards – Reduced Disclosure Requirements and the ACNC Act and the Associations Incorporation Reform Act 2012, and for such internal control as the responsible entities determine is necessary to enable the preparation of the financial report that gives a true and fair view and is free from material misstatement, whether due to fraud or error.

In preparing the financial report, the Board of Trustees are responsible for assessing the registered entity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors

either intend to liquidate the registered entity or to cease operations, or has no realistic alternative but to do so.

The Board of Trustees of The Scotch College Foundation (Inc) are responsible for overseeing The Scotch College Foundation (Inc)’s financial reporting process.

Auditor’s responsibilities for the audit of the Financial Report

Our objectives are to obtain reasonable assurance about whether the financial report as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the Australian Auditing Standards will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this financial report.

A further description of our responsibilities for the audit of the financial report is located at the Auditing and Assurance Standards Board website (http://www.auasb.gov.au/Home.aspx) at: http://www.auasb.gov.au/auditors_files/ar3.pdf.

This description forms part of our auditor’s report.

BDO East Coast Partnership

D W Lording D Yu

7 March 2018

Melbourne

James Mooney Partner Melbourne, 7 March 2018

 

FOR THE YEAR ENDED 31 DECEMBER 2017

Financial Statements

4544

Note 2017

$

2016

$

Revenues

Income Distribution – Foundation Common Fund 3 3,229,908 2,803,430

Donations for Income Purposes1 391,526 503,968

Donations for Capital Purposes2 7,720,991 368,887

11,342,425 3,676,285

Expenses

Prizes (11,700) (9,560)

Scholarships and Bursaries (941,350) (992,906)

Funding for Libraries (283,002) (200,001)

Funding for Scotch College Staff Salaries (92,000) (32,375)

Funding for the Arts (72,545) (63,341)

Transfer to Scotch College 2(c), 8 (318,757) (299,100)

(1,719,354) (1,597,283)

Surplus before Income Tax Expense 9,623,071 2,079,002

Income Tax Expense 2(a) - -

Surplus for the period 9,623,071 2,079,002

Donations

1 Donations which are to be spent entirely for designated purposes are treated as income.

2 Donations which are to add to or create perpetual funds are treated as capital.

Donations to the Scotch College Building Fund are not part of the accounts of the Scotch College Foundation.

The above Statement of Surplus or Deficit is to be read in conjunction with the attached notes.

THE SCOTCH COLLEGE FOUNDATION (INC)

Statement of Comprehensive IncomeFor the Year Ended 31 December 2017

Note 2017

$

2016

$

Surplus for the period 9,623,071 2,079,002

Other Comprehensive Income

Change in Net Market Value of Investment in Foundation Common Fund 2(b) 2,216,509 1,759,975

Total Other Comprehensive Income 2,216,509 1,759,975

Total Comprehensive Income 11,839,580 3,838,977

The above Statement of Comprehensive Income is to be read in conjunction with the attached notes.

THE SCOTCH COLLEGE FOUNDATION (INC)

Statement of Surplus or DeficitFor the Year Ended 31 December 2017

46 47

THE SCOTCH COLLEGE FOUNDATION (INC)

Statement of Changes in EquityFor the Year Ended 31 December 2017

Accumulated Surplus

$

Financial Asset Revaluation Reserve

$

Total Accumulated Funds

$

Year ended 31 December 2016

Opening balance 40,835,013 4,970,324 45,805,337

Add surplus for the period 2,079,002 - 2,079,002

Less change in net market value of investment - 1,759,975 1,759,975

Balance at 31 December 2016 42,914,015 6,730,299 49,644,314

Year ended 31 December 2017

Opening balance 42,914,015 6,730,299 49,644,314

Add surplus for the period 9,623,071 - 9,623,071

Add Change in net market value of investment - 2,216,509 2,216,509

Balance at 31 December 2017 52,537,086 8,946,808 61,483,894

The above Statement of Changes in Equity is to be read in conjunction with the attached notes.

THE SCOTCH COLLEGE FOUNDATION (INC)

Statement of Financial PositionFor the Year Ended 31 December 2017

Note 2017

$

2016

$

Assets

Cash at bank 121,308 73,616

Investment in Foundation Common Fund 3 61,870,696 50,046,173

Total Assets 61,992,004 50,119,789

Liabilities

Other payables due to Scotch College

- Corpus transfer 318,757 299,100

- Scholarship payment 181,553 167,065

- Prizes 7,800 9,310

Total Liabilities 508,110 475,475

Net Assets 61,483,894 49,644,314

Accumulated Funds

Accumulated Surplus 52,537,086 42,914,015

Financial Asset Revaluation Reserve 2(b) 8,946,808 6,730,299

8 61,483,894 49,644,314

The above Statement of Financial Position is to be read in conjunction with the attached notes.

48 49

THE SCOTCH COLLEGE FOUNDATION (INC)

Statement of Cash FlowsFor the Year Ended 31 December 2017

Note

2017

$

2016

$

Cash Flows from Operating Activities

Donations 8,112,517 872,855

Payment to beneficiaries and suppliers (1,686,719) (1,525,884)

Net cash provided by/(used in) operating activities 4 6,425,798 (653,029)

Cash Flows from Investing Activities

Net (redemption)/purchase of investments (6,378,106) 711,313

Net cash (used in)/provided by investing activities (6,378,106) 711,313

Net increase in cash held 47,692 58,284

Cash and cash equivalents at the beginning of the year 73,616 15,332

Cash and cash equivalents at the end of the year 121,308 73,616

The above Statement of Cash Flows is to be read in conjunction with the attached notes.

THE SCOTCH COLLEGE FOUNDATION (INC)

Notes to the Financial StatementsFor the Year Ended 31 December 2017

1. INTRODUCTION

The Scotch College Foundation (Inc) is an incorporated association domiciled and registered in Victoria. The controlling entity is Scotch College. The operations and principal activities of The Scotch College Foundation (Inc) are to seek the prudent investment of Foundation Funds to obtain a reliable and growing income stream from those funds and to facilitate fundraising to support the provision of educational services by Scotch College. The financial statements are presented in Australian dollars.

The financial report was authorised for issue by the Board of Trustees of The Scotch College Foundation (Inc) on the date shown on the Declaration by the Board of Trustees attached to the financial statements.

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Preparation

The principal accounting policies adopted by The Scotch College Foundation (Inc) are stated in order to assist in a general understanding of the financial report.

The financial report of The Scotch College Foundation (Inc) is a general purpose financial report prepared in accordance with Australian Accounting Standards – Reduced Disclosure Requirements and Interpretations issued by the Australian Accounting Standards Board, the Australian Charities and Not-for-profits Commission Act 2012 and the Associations Incorporation Reform Act 2012, as appropriate for not-for-profit oriented entities.

The financial report is prepared on an accruals basis and is based on a historical cost basis with the exception of the investment which is carried at fair value. No particular judgements or key assumptions have been used in the preparation of the financial report.

(a) Income Tax

The Foundation is exempt from income tax under Section 50-5 of the Income Tax Assessment Act 1997 as an educational institution.

(b) Investments

Pursuant to the Scotch College Common Funds Act 2001 Scotch College established an investment common fund for the collective investment of trust funds.

Gardiner Hill Pty Ltd, a wholly owned subsidiary of Scotch College, has been appointed as Trustee of the Scotch College Common Fund.

The Trustee has delegated consideration of investment matters to the Investment Committee of Scotch College with the funds to be managed in accordance with an investment mandate established by Scotch College Foundation (Inc).

In accordance with the Rules of the Scotch College Common Fund, The Scotch College Foundation (Inc), as an investor:

has an investment in the Foundation Common Fund; and

has a right to distributable income calculated in accordance with the Rules. Distributable income includes income, profit, gains, deductions and expenses.

The Foundation Common Fund investment portfolio established on 1 July 2014 has a different investment allocation profile to that of the Scotch College Common Fund.

50 51

2017

$

2016

$

3. COMMON FUND INVESTMENTS

A summary of the components of the Foundation’s investment in the Foundation Common Fund is:

JB Were Investment Cash 4,784,351 2,422,159

Trade and Other Receivables 815,904 1,433,319

Shares in Listed Companies and Trusts 50,285,266 40,277,045

Corporate Debt 5,985,175 5,913,650

61,870,696 50,046,173

During the year The Scotch College Foundation (Inc) received the following distribution:

Foundation Common Fund 3,229,908 2,803,430

A summary of the components of the Foundation’s Common Fund distribution for the year is:

Interest 135,787 139,331

Dividends and Distributions from Listed Companies and Trusts 2,238,450 1,844,510

Refund of Imputation Credits 899,252 862,564

Investment Expenses (43,581) (42,975)

3,229,908 2,803,430

4. CASH FLOW INFORMATION

Reconciliation of net cash used in operating activities to operating surplus after income tax:

Operating surplus after income tax 9,623,071 2,079,002

Distribution reinvested (3,229,908) (2,803,430)

Increase in other payables 32,635 71,399

Net cash provided by/(used in) operating activities 6,425,798 (653,029)

5. CONTINGENT ASSETS

At reporting date The Scotch College Foundation (Inc) had received notification of bequests and pledges. Corresponding amounts have not been brought to account where such amounts do not satisfy recognition criteria established by accounting standards (refer note 2(d)).

(b) Investments (Cont’d)

Measurement

The investment in Foundation Common Fund is valued on the basis of the market value of the underlying assets held in the Fund at Balance Date before deducting any realisation costs. Fair values are determined by reference to published price quotations in an active market. The market for the financial assets held comprises the Australian Securities Exchange. The maximum credit risk exposure is represented by the carrying amount of the investment. The Foundation Common Fund holds a diversified portfolio with no material interest rate risk.

Regular purchases and sales of financial assets are accounted for at trade date/settlement date.

The Foundation has made an irrevocable election in respect of its equity instruments that gains and losses be recognised in other comprehensive income and accumulated in a Financial Asset Revaluation Reserve.

(c) Transfers to Scotch College

In accordance with rule 39(b) of the Foundation’s Constitution an amount representing 50% of the corpus income has been transferred to the College.

(d) Revenue

Donations

Income is recognised when The Scotch College Foundation (Inc) obtains control of the contribution or right to receive the contributions, it is probable that the economic benefits comprising the contribution will flow to the entity and the amount of the contribution can be reliably measured.

Common Fund Distributions

The Foundation records as income any distributions made during the year including the distributions at 31 December 2017 from the Foundation Common Fund.

(e) Transfer of Trust

In accordance with the Deed of Change of Trustee, Scotch College retains the right to direct the Foundation to reappoint Scotch College or another corporation as trustee of trusts that Scotch College was previously trustee. The value of these funds at 31 December 2017 was $14,182,344 (2016: $13,283,787).

(f) Financial Risk Management

The Foundation has invested all of its funds in the Foundation Common Fund. Financial Risk Management is carried out by the Investment Committee which is responsible for the Foundation Common Fund.

The Investment Committee of Scotch College has written guidelines to ensure that financial risk is managed appropriately to achieve the objectives of the Foundation Common Fund which is to obtain over the long term a growing and substantial income and capital appreciation from a conservatively managed equity based portfolio, investment flexibility and to maintain liquidity to fund capital expenditure as required.

(g) New Accounting Standards and Interpretations

All the new and revised Accounting Standards and Interpretations issued by the Australian Accounting Standards Board (“AASB”) that are relevant and effective for the annual reporting period beginning on 1 January 2017 have been adopted by The Scotch College Foundation (Inc). The Board of Trustees has given due consideration to new and revised standards and interpretations issued by the AASB that are not yet effective. The Board of Trustees does not believe that the other standards and interpretations will have any material financial impact on the financial statements of the Foundation.

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Cont’d)

52 53

6. RELATED PARTY TRANSACTIONS

The key management personnel and office holders of the Board of Trustees who held office during the course of the financial year were:

• Mr M B Robinson AO (President – retired 29 November 2017)

• Assoc Prof D W Lording (Vice President – appointed President 29 November 2017) (OSCA President)

• Mr M K Sim (elected and appointed Vice President 29 November 2017)

• Mr D Yu (Vice President)

• Mr P A M Aberdeen

• Mrs M A Andrianakos

• Mr R T Balderstone

• Mr D E Fox

• Mr R C Hand

• Mr J J H Ho

• Mr S C McK Hunt

• Ms K M O MacLeod

• Dr L M Murdoch

• Mr T K O’Brien

• Mr J P Simpson

• Mrs M X Zheng

Ex Officio:

• Mr I T Batty (Principal)

• Mr J P Buckley (School Council Representative)

• Mr R S Congleton (Bursar)

• Mr S Reichelt (Finance Manager)

• Mr T J Shearer (Foundation Executive Director and Director of Development)

• Mr W L Sides (Chair of Bequest Committee)

• Mr S R Montgomery (OSCA Executive Director)

Development Office Staff:

• Mrs S Y Dick (Bequest Program Manager)

• Mr A D Henwood (Development Office Communications Co-Ordinator – resigned 29 September 2017)

• Ms R J Marshall (Development Officer)

• Ms R T Mortimer (Foundation Co-ordinator)

• Ms L A Sheard (Development Office Communications Co-ordinator – appointed 17 October 2017)

• Mrs P A Wallace-Smith (Development Officer)

• Mr H McK Wilson (Foundation Officer)

8. ACCUMULATED FUNDS

Balance 1 Jan 17

$

Additions

$

Capital Change

$

Income Return

$

Payments

$

Balance 31 Dec 17

$

...Scholarship Funds

Bellair (John) Scholarship 2,954,438 - 120,038 174,921 (168,268) 3,081,129

*Boell (Graeme) Scholarship » 1,337,972 - 55,513 80,895 (21,104) 1,453,276

Brewster (Mabel) Scholarship - 931,843 19,485 28,394 - 979,722

*Cocking (Kelvyn) Scholarship 1,242,084 - 51,777 75,451 (8,006) 1,361,306

*Consolidated Scholarship Fund 754,773 - 31,124 45,354 (21,103) 810,148

Donaldson (Gordon) Scholarship 1,070,679 11,000 44,124 64,298 (42,209) 1,147,892

*Field (Hugh & Charles) Scholarship » 2,133,919 - 88,579 129,078 (31,702) 2,319,874

Foundation Scholarship Fund 2,362,054 64,623 98,594 143,673 (73,624) 2,595,320

Hyett (Anthony) Boarding Scholarship 10,504 2,250 486 709 - 13,949

Indigenous Scholarship Fund 244,831 351,426 12,902 18,801 (224,053) 403,907

Briggs (Tony) Indigenous Scholarship - 367,893 7,693 11,210 - 386,796

πIndigenous Perpetual Scholarship 7,350 2,000 349 509 - 10,208

πRichardson Family Indigenous Scholarship - 26,000 544 792 - 27,336

πMurdoch/Sparks Family Indigenous Scholarship - 25,000 523 762 - 26,285

πSantini Family Indigenous Scholarship - 125,000 2,614 3,809 - 131,423

Johnston (Christian) – Goldman Sachs Gives Scholarship 623,270 - 25,731 37,495 (16,013) 670,483

Lithgow (Bruce & Norma) Scholarship 515,704 - 21,293 31,029 (13,098) 554,928

Lithgow (Don) Scholarship 576,797 - 23,955 34,907 (8,006) 627,653

Little (Sir Douglas M) Scholarship 4,569,630 - 190,316 277,331 (54,488) 4,982,789

McAllester Family Scholarship 601,776 - 24,677 35,959 (23,436) 638,976

McComas (Campbell) Scholarship 1,975,440 - 80,766 117,693 (79,987) 2,093,912

McQueen (Kelman) Music Scholarship 161,988 - 6,607 9,628 (8,006) 170,217

Mendel (Dr Bernard) Scholarship 340,589 - 14,244 20,756 - 375,589

7. AIR VALUE MEASUREMENT

Fair Value of Financial Instruments

The carrying value of financial statements reflect their fair values.

The investment in the Foundation Common Fund, $61,870,696 (2016: $50,046,173) is a level 2 type investment categorised by the following levels:

Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities.

Level 2: Inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly (as prices) or indirectly (derived from prices).

Level 3: Inputs for the asset or liability that are not based on observable market data (unobservable inputs).

Trustees received no remuneration for the performance of their role during the financial year.

The Scotch College Foundation (Inc.) considers Scotch College, Gardiner Hill Pty Limited and Old Scotch Collegians’ Association (OSCA) to be related parties for the purposes of AASB 124.

The Foundation had no employees at 31 December 2017 (2016: Nil employees). The salaries and wages of persons employed in the Development Office and other administrative expenses are paid by Scotch College. Scotch College Foundation (Inc.) reimburses Scotch College to the extent of the amount disclosed as administrative expenses. Audit fees for the Foundation of $4,000 (2016: $4,000) are borne by Scotch College.

In accordance with rule 39(b) of the Foundation’s Constitution an amount representing 50% of the corpus income has been transferred to the College. This amount is disclosed on the Statement of Surplus or Deficit.

* Funds transferred from Scotch College to the Foundation on 31 December 2006. See note 2(e)

»Funds (transferred from Scotch College) which can be used for any purpose at the discretion of the College Council

πEstablished to accumulate donations from donors wishing to provide a gift funding scholarships in perpetuity

Established to accumulate donations to cover any funding shortfall for students supported by the Australian Indigenous Education Foundation

The D & G Boykett Scholarship has been combined with the Boykett Family Bursary from 1 January 2017

A review of balances in the Foundation Scholarship Fund at 31 December 2016 identified that it included Funds Controlled by External Trustees related to Alan and Margaret Blackwell. These have been reallocated from 1 January 2017

54 55

Balance 1 Jan 17

$

Additions

$

Capital Change

$

Income Return

$

Payments

$

Balance 31 Dec 17

$

Nilsen (Vic) Scholarship 605,791 - 24,726 36,031 (29,111) 637,437

Orton Family Scholarship 1,084,338 - 45,348 66,081 - 1,195,767

Paton (Walter) Music Scholarship 210,009 5,991,328 134,063 195,359 - 6,530,759

Randall (Brian & Ann) Boarding Scholarship 529,314 - 21,531 31,375 (28,963) 553,257

Robertson (Struan) Scholarship 1,776,557 - 73,962 107,778 (16,013) 1,942,284

*Robinson (Lionel) Scholarship 552,244 - 22,958 33,455 (6,549) 602,108

Robinson (Michael) Board Scholarship - 24,050 503 733 - 25,286

Roddick Family Scholarship 658,131 - 26,854 39,132 (32,025) 692,092

Schumacher (Martin) Memorial Scholarship 521,210 - 21,797 31,763 - 574,770

White (Col. Alec) Gallipoli Scholarship 665,853 - 27,846 40,578 - 734,277

Yu (David) Family Scholarship 185,026 4,516 7,832 11,413 - 208,787

28,272,271 7,926,929 1,329,354 1,937,152 (905,764) 38,559,942

Bursary Funds

Balderstone (Sir James) Boarding Bursary 119,373 16,000 4,779 6,964 (26,196) 120,920

Boykett Family Bursary 62,425 - 2,611 3,804 - 68,840

Selby Smith (Christopher) Bursary 167,250 - 6,974 10,162 (1,000) 183,386

Wall (John) OAM – Bursary 410,051 - 17,149 24,989 - 452,189

759,099 16,000 31,513 45,919 (27,196) 825,335

Funds Controlled by External Trustees

Blackwell (Allan & Margaret) Scholarship 49,165 30,260 2,689 3,918 - 86,032

Hume-Cook (Keith & Cora) Bursary 19,807 2,076 872 1,270 - 24,025

Little (Sir Douglas) Scholarship 8,390 - - - (8,390) -

Rimmington (Bertha) Bursary 19,361 7,764 972 1,416 - 29,513

96,723 40,100 4,533 6,604 (8,390) 139,570

* Funds transferred from Scotch College to the Foundation on 31 December 2006. See note 2(e)

»Funds (transferred from Scotch College) which can be used for any purpose at the discretion of the College Council

πEstablished to accumulate donations from donors wishing to provide a gift funding scholarships in perpetuity

Established to accumulate donations to cover any funding shortfall for students supported by the Australian Indigenous Education Foundation

The D & G Boykett Scholarship has been combined with the Boykett Family Bursary from 1 January 2017

A review of balances in the Foundation Scholarship Fund at 31 December 2016 identified that it included Funds Controlled by External Trustees related to Alan and Margaret Blackwell. These have been reallocated from 1 January 2017

* Funds transferred from Scotch College to the Foundation on 31 December 2006. See note 2(e)

∆The Aths & Cross Country Capts Prize has been reallocated at 1 January 2017 between the Grant (Robert J) Athletics Prize and the Slade (Dr Roger M) Cross Country Prize

Balance 1 Jan 17

$

Additions

$

Capital Change

$

Income Return

$

Payments

$

Balance 31 Dec 17

$

…Arts

Field (Ken) Fund for the Visual and Performing Arts 1,358,771 - 55,621 81,052 (57,545) 1,437,899

Shrimpton Art Collection Fund 38,454 - 1,295 1,886 (15,000) 26,635

1,397,225 - 56,916 82,938 (72,545) 1,464,534

…Prizes

*Balderstone (Sir James) Junior School Award 3,531 - 146 212 (100) 3,789

Balderstone (Sir James) Year 12 Design and Technology Prize 3,804 - 158 230 (50) 4,142

Beckwith (Victor S) Year 11 Politics Prize 4,952 - 206 300 (50) 5,408

Bishop (John) Year 12 Captain of Music/ Outstanding Contribution to Music Prize 10,038 - 419 610 (50) 11,017

Blenkiron (Harold C) Year 12 Legal Studies Prize (Joint Name) 6,355 - 265 386 (50) 6,956

Bond (Ron S) Year 11 First in Year 11 Prize 4,948 - 201 292 (300) 5,141

Braid (Ian) Music Composition Prize 7,073 - 295 430 (50) 7,748

Brown (Stan F) Year 7 Leadership Prize 10,384 - 433 631 (50) 11,398

*Clarke (Trevor T) Year 12 General Excellence/ Boarding Prize 3,327 - 135 197 (200) 3,459

Cole (Geoffrey A) Year 10 Studies and Games Prize 7,611 - 317 462 (50) 8,340

Consolidated Prize Fund 51,138 - 2,003 2,918 (6,500) 49,559

*Dodds (Thomas B) Field Events – Athletics Prize 2,171 - 90 131 (50) 2,342

Donaldson (Geoffrey) Pipes and Drums Prize 10,998 - 448 653 (550) 11,549

*Dunlop (Sir Edward) Year 10 & 12 Indonesian Prize 2,408 - 100 145 (50) 2,603

Earle (Peter) Year 8 Achievement/ Leadership Prize 10,963 - 456 665 (100) 11,984

*Eggleston (A J Michael) Year 12 Australian History Prize 2,886 - 120 174 (50) 3,130

Foreman (Russell & Mary) History Essay Prize 66,622 488 2,786 4,060 (500) 73,456

∆Grant (Robert J) Athletics Prize 1,957 - 81 118 (50) 2,106

Greaves (Harry) Year 12 Captain of Soccer Prize 666 - 27 39 (50) 682

8. ACCUMULATED FUNDS (Cont’d)

56 57

Balance 1 Jan 17

$

Additions

$

Capital Change

$

Income Return

$

Payments

$

Balance 31 Dec 17

$

Harris Family Captain of Diving Prize - 1,000 20 29 (50) 999

*Irving (William) Year 12 Debating Prize 4,536 - 189 275 (50) 4,950

King-Smith (Eric) Year 12 Prize for Scholarship 8,313 - 347 505 (50) 9,115

*McKenzie (John) Year 7 Cricket Prize 1,319 - 54 79 (50) 1,402

*MacNeil (Neil H) Year 11 Studies and Games Prize 680 - 27 40 (50) 697

Manders (Catherine & Ruby) Year 9 Asian Language Prize 5,186 - 216 315 (50) 5,667

Manders (June & Stephen) Year 13 Music Study at Tertiary level Prize - 3,000 63 91 - 3,154

Mendel (H Bernard) Year 12 German or French Prize 6,942 - 289 422 (50) 7,603

*Mueller (Robert P) Year 11 & 12 Computer Science Prize 12,079 - 504 735 (50) 13,268

*Naito Family Captain of Rugby Prize 8,389 - 350 510 (50) 9,199

*Niven (Robert C) Year 9 Scripture Prize 4,916 - 204 297 (100) 5,317

*OSCA Year 12 Social Services Prize 1,299 - 52 76 (100) 1,327

Perelberg (Ashley) Award for Exemplary Scotch Spirit 1,107 - 46 67 - 1,220

Balance of Prizes carried forward 266,598 4,488 11,047 16,094 (9,500) 288,727

Balance of Prizes brought forward 266,598 4,488 11,047 16,094 (9,500) 288,727

Pipes & Drums Prize 8,289 - 344 501 (150) 8,984

*Ramsay (Sir Alan) Cadets RSM Prize 3,786 - 157 229 (50) 4,122

*Richards (Geoff) Year 12 Physics Prize (Joint Name) 24,297 - 1,015 1,479 (50) 26,741

*Robinson (Sir Arthur) Year 12 History Prize (Joint Name) 2,454 - 101 146 (100) 2,601

*Robinson (Lady Annie S) Year 11 English Prize 2,332 - 95 139 (100) 2,466

Sandbach (Edward) Scouting Prize 3,772 - 157 229 (50) 4,108

Scott (F W W (Frank)) Sport and Cadets Prize 41,586 - 1,729 2,519 (500) 45,334

*Shaw (Simon D) Year 9 Studies and Games Prize 17,373 - 716 1,043 (500) 18,632

Simpson (Robert L) Public Speaking Prize 7,023 - 293 426 (50) 7,692

∆Slade (Dr Roger M) Cross Country Prize 1,958 - 81 118 (50) 2,107

Sparks/Murdoch Family Captain of Cricket Prize - 5,000 104 151 (50) 5,205

Balance 1 Jan 17

$

Additions

$

Capital Change

$

Income Return

$

Payments

$

Balance 31 Dec 17

$

Wickens (Peter C) Year 12 Specialist Maths Prize (Joint Name) 7,942 - 331 482 (50) 8,705

Wilson (Keith McK.) Year 11 Accounting Prize - 8,000 162 236 (250) 8,148

Yeomans (Karl) Poetry Prize 3,123 - 127 186 (150) 3,286

Zimmet Family Year 12 St John/First Aid Prize 8,631 - 360 524 (50) 9,465

96ers Pipes & Drums Leadership Prize 576 - 23 34 (50) 583

Total Prizes 399,740 17,488 16,842 24,536 (11,700) 446,906

…Staff Support

Archive & Advancement Fund 183,514 - 7,675 11,184 - 202,373

*Armstrong (John & Sutherland) Retired Staff Support 113,667 - 4,670 6,805 (4,000) 121,142

Callahan (Mary) Staff Travel 191,259 - 7,999 11,656 - 210,914

Logie-Smith (George) – Music Staff Support 570,101 - 23,319 33,981 (25,000) 602,401

Mathematics Staff Support 11,004 - 460 671 - 12,135

*McLennan (Sir Ian) Chair of Design and Technology 1,410,581 - 57,737 84,135 (60,000) 1,492,453

Staff Salaries – General Fund 155,119 - 6,424 9,362 (3,000) 167,905

2,635,245 - 108,284 157,794 (92,000) 2,809,323

…Library Support

Cornell (James) French Literature Fund 29,476 - 1,233 1,796 - 32,505

*Ramsey (Urquhart) Library Fund 26,157 - 1,094 1,594 - 28,845

*Stirling (Alfred) Library Endowment Fund 5,421,148 - 220,798 321,750 (283,002) 5,680,694

5,476,781 - 223,125 325,140 (283,002) 5,742,044

…Other Funds

George Watson School Fund 52,695 - 2,204 3,211 - 58,110

McDonald Family Pipe Organ Lessons Fund 7,664 - 321 467 - 8,452

*Music Lessons Fund 141,655 - 5,924 8,633 - 156,212

202,014 - 8,449 12,311 - 222,774

39,239,098 8,000,517 1,779,016 2,592,394 (1,400,597) 50,210,428

Endowment Fund (Corpus) 10,405,216 112,000 437,493 637,514 ^(318,757) 11,273,466

Foundation Total Funds 49,644,314 8,112,517 2,216,509 3,229,908 (1,719,354) 61,483,894

* Funds transferred from Scotch College to the Foundation on 31 December 2006. See note 2(e)

^ The Foundation corpus payments of $318,757 is the transfer to the school referred to in the Statement of Surplus or Deficit

∆The Aths & Cross Country Capts Prize has been reallocated at 1 January 2017 between the Grant (Robert J) Athletics Prize and the Slade (Dr Roger M) Cross Country Prize

* Funds transferred from Scotch College to the Foundation on 31 December 2006. See note 2(e)

^ The Foundation corpus payments of $318,757 is the transfer to the school referred to in the Statement of Surplus or Deficit

∆The Aths & Cross Country Capts Prize has been reallocated at 1 January 2017 between the Grant (Robert J) Athletics Prize and the Slade (Dr Roger M) Cross Country Prize

8. ACCUMULATED FUNDS (Cont’d)

58 59

1 Morrison Street, Hawthorn VIC 3122

Phone 03 9810 4300

Email foundation@scotch.vic.edu.au

www.scotch.vic.edu.au

SPENCER CENTRE FOR DESIGN AND TECHNOLOGY NAMING AND OPENING CEREMONYFRIDAY 2 FEBRUARY 2018