Annual Report 2010/11 Helping the People of the Himalaya

Annual Report 2010/11 Helping the people of the Himalaya. Sustainable health, education and environment projects. Contents

03 About the Australian Himalayan Foundation 04 Our Programs 06 Teacher Training – Quality Education (TTQE) – Our Flagship Program 08 Our Donors, Sponsors and Supporters 09 Chairman’s Review 10 Executive Director’s Review: The Trek Ahead 11 AHF Board of Directors and Staff 12 Financial Information 16 How you can help

Our Quality Education program helps provide access to education for all children.

02 the australian himalayan foundation | Annual report 2010/11 About

The Australian Himalayan Foundation is a not-for-profit charitable organisation dedicated to helping the people of the Himalaya achieve their goals.

What we do Equally important is making sure that the to a range of projects and to work in local communities are empowered and close partnership with a select number Visions & Aims equipped to manage and support the of non-government organisations and Our vision is to help the people of projects, sustainably and inclusively. local communities. the Himalaya. Grassroots support Our aim is to achieve this through Where we do it Our Supporters program provides the improvements in three important areas: Helping Himalayan communities opportunity to be involved in the work • Education Over the last 40 years, thousands of of the Foundation by contributing to the • Health & Medical Services Australians have visited the Himalaya. wellbeing of the Himalayan people. • Environment and Wildlife Conservation For many it is an opportunity to trek beneath the world’s highest peaks and In order to expand our Supporter base Our objective is to ensure, where to appreciate some of the world’s most and promote the work of the Foundation possible, the long-term viability of hospitable cultures. we have state-based representatives our educational programs, to support throughout Australia. medical services and to support Yet the Himalaya is not just a vast Our affiliates environmental and wildlife conservation adventure playground. Although the projects throughout the Himalaya. lifestyle of the local communities may at We have forged ties with our overseas first appeal idyllic, for most it is anything associates including: The Australian Himalayan Foundation but easy – with medical assistance, has policy guidelines in place to clearly education and care for the environment • Hillary Himalayan Foundation (NZ) distinguish between development and often falling short of their needs. • Sir Edmund Hillary Foundation welfare support. It does not have any – Canada political or religious affiliations. The Foundation provides you with • American Himalayan Foundation the means to help the Himalayan • Himalayan Trust (UK) How we do it communities achieve their goals • Himalayan Trust (NZ) – and of giving something back. Sustainable empowerment Project partners include the Snow The Foundation focuses on sustainability Our Background Leopard Conservancy, the Australian and empowerment for the people of Tibetan Society, as well as REED Fundraising for important the Himalaya. (Rural Education Environment & community projects Development Centre), RHEST (Rural It is about ensuring, through assistance Since we were granted our tax-deductibility Health & Education Service Trust), and with administration, project management, (DGR) status in January 2005, our the NNCTR (Nepal Network for Cancer training and monitoring, that the projects fundraising efforts have gone from strength Treatment and Research) in Nepal, are set up and managed in such a way to strength. This has allowed us to commit Servants of Society in Leh, Ladakh as to be sustainable. and RENEW in Bhutan.

Annual report 2010/11 | the australian himalayan foundation 03 Our Programs The Australian Himalayan Foundation supports education, health and environment projects in Nepal, India (Ladakh) and Bhutan.

LADAKH

TIBET LHASA

DELHI NEPAL

EVEREST

INDIA KATHMANDU SOLU KHUMBU BHUTAN

Zanskar Primary Support for Under- Cancer Screening & Health Care Program privileged Children Prevention Programs Zanskar is one of the most isolated Our partnership with RHEST The Nepal Network for Cancer regions of the Indian Himalaya and (Rural Health & Education Service Treatment & Research (NNCTR) records a chronically high rate of Trust) supports underprivileged conducts cervical and breast infant mortality. Since 2005 we have girls and dalit (untouchable cancer screening and education worked with the amchi, the traditional boys) in rural districts of Nepal. prevention programs in a country medical practitioners, holding At present we are providing where less than 5% of women workshops and training programs educational support for ten years have the opportunity to undertake to improve health outcomes. for over 250 students. regular cancer checkups.

04 the australian himalayan foundation | Annual report 2010/11 Wildlife Conservation Tibetan Programs Himalayan Art Awards & the Environment In association with the Australian Managed by Margie Thomas, our Tibetan Society we support acclaimed Himalayan Art Award We are proud of our partnership Tibetans living in exile in the Indian aims to help local artists develop with the Snow Leopard Himalaya. Our programs include their creative medium. The awards Conservancy – the world’s supporting a cultural troupe are self-funding. The artists foremost organisation dedicated in Kalimpong and assistance (currently in Nepal and Bhutan) to protecting the elusive snow for a school in Salugara in the commit to producing one major leopard. Our current support Himalayan foothills. work that is auctioned by the AHF. LADAKH focuses on an education and livelihood program in the Solu Khumbu region of Nepal.

TIBET LHASA

DELHI NEPAL

EVEREST

INDIA KATHMANDU SOLU KHUMBU BHUTAN

Providing viable and sustainable solutions to Teacher Training – Bhutan Education enrich life in Quality Education Support Program Our major initiative in the Solu We provide funding for young the Himalaya. Khumbu region of Nepal. Our girls to access educational nine-year program focuses opportunities in remote regions on teacher training that will of Bhutan. The project is ultimately impact on over 260 managed by Michelle Hogan schools, nearly 1,500 teachers and Carolyn Hamer-Smith, and over 47,000 children. ambassadors for the Bhutan NGO RENEW.

Annual report 2010/11 | the australian himalayan foundation 05 Teacher Training – Quality Education (TTQE) – Our Flagship Program

Our Quality Education Program has been described as one of the most ambitious in rural Nepal. We aim to improve the educational outcomes in over 260 schools, boosting teaching skills for 1,500 teachers and providing a better education for 47,000 students in disadvantaged areas of the Solu Khumbu (Everest) region, well away from the tourist trails.

In September 2011 the Department are committed to providing teachers with Development Centre), a Nepalese NGO awarded our program as the best sustainable skills and in the long term based in Kathmandu who have worked example of teacher training in Nepal, provide opportunities through education. with Jim from the outset. A further while in June 2010 the Nepal Department dimension to the program is the valued The Foundation will also provide of Education signed a Memorandum of contribution of a select team of teachers resources to schools in the Nele Understanding endorsing our program. from Australia and New Zealand who district, where even the provision of have volunteered to help the Foundation Our nine-year program continues to basic textbooks and teaching aids is achieve their remarkable goals. go from strength to strength. We are considered a luxury. currently entering the 4th year of the The reports from the first three years of program cycle, with an expansion into AHF Initiative – our program in the Sotang district leave the Nele district of the Solu Khumbu. us in little doubt that we are on the right Schools for the Himalaya The Nele district is in dire need of track. Some of the brightest teachers are support – literacy and attendance Our Schools for the Himalaya program being selected for additional training to rates are low, and schools are poorly runs in parallel with our TTQE program become key teachers. This sustainable resourced. Our program will deliver whose foundations were laid by Director initiative will eventually result in these a series of workshops to improve the Lincoln Hall and Barbara Hall. teachers passing on their skills to their training of primary school teachers, as fellow teachers. In addition, attendance Schools in Australia are encouraged to the quality of teaching often consists rates have increased and education raise funds for a school in Nepal, that of rote learning. outcomes are improving. will help improve basic facilities and Promoting education to show the educational resources. There are also The TTQE program is directed by our true worth of education to the wider opportunities for schools to visit the Solu Program Co-ordinator Jim Strang, who community – to community leaders and Khumbu and gain first hand experience was instrumental in 1998 in establishing the parents and teacher associations – of the extent and effectiveness of our the Teacher Training program run by Sir is a priority with year round school and TTQE program. Edmund Hillary’s Himalayan Trust. On parent workshops. Above all the AHF the ground the program is managed by recognizes that quality education enables REED (Rural Education Environment and children to reach their full potential. We

06 the australian himalayan foundation | Annual report 2010/11 The districts in the EVEREST Solu Khumbu where we NEPAL KATHMANDU SOLU KHUMBU implement our program provide clear indication SOLU KHUMBU of poverty and the TOTAL SCHOOLS 267; TEACHERS 1,483; STUDENTS 47,225 EVEREST absence of educational GOKYO TO EVEREST BASE CAMP opportunity – conditions TO GOKYO LAKES 0 2 4 6 8 10km that are in many ways SAGARMATHA NATIONAL PARK UPPER KHUMBU TENGBT OCHE KHUMJUNGJUNG similar to the Upper LOWER KHUMBU SOTANG NAMCHE KERUNG UPPER Khumbu (Everest region) BAZAAR NELE KHUMBU NECHA MAKALU NATIONAL PARK when Sir Edmund COMBINED UPPER & TOWN LOWER KHUMBU SCHOOLS 74; VILLIAGE TEACHERS 378; Hillary’s Himalayan MT EVEREST STUDENTS 9,474

WALKING TRAILS CHOURIKHOLAC Trust first commenced RIVER LUKLA Airstrip AIRSTRIP work fifty years ago. LOWER KHUMBU

KHARIKHOLAK TAKSINDU BBHAKANJE JUNBESISI NUNTHALATHAL FROM JIRI TO EVEREST CHAULAAK KHARKHA A EEENI SOTANG

GGOLI TAMAKHANI CHESKAMC BASABA BUNG SOTANG PHAPLU AIRSTRIP SCHOOLS 70; GUDEG L SALLERISA WAW KU TEACHERS 379; KERUNG STUDENTS 11,941 PAWAL KAKUKU SOS TANG

GOGORAKHANI DEUSAA SOS TAN GARMAGAR TAPTING LOKHIM

NELEN BAZAAR

KERUPK A NELE COMBINED NECHA KANGELL JABUJ & KERUNG DISTRICTS TINGLT A SCHOOLS 70; NELE TEACHERS 444; SALYAN STUDENTS 15,204 PAPANCHAANCN N SCHOOLS 53; TEACHERS 282; NECHA STUDENTS 10,606 NECHAHA BATASE

Annual report 2010/11 | the australian himalayan foundation 07 Our Donors, Sponsors and Supporters

We acknowledge and thank our major sponsors including the Ian McNair Charitable Foundation, Footprints Network/ WorldNomads.com, The Sunrise Foundation, Hunter Hall International, World Expeditions, Tyrrells Wines and the National Geographic Channel (Principal Media Sponsor).

Donors $20,000 and above Donors $500 and above Samir Kantaria, Jill Keyte, Anonymous, Roger Butler, Dick Estens Roger Band, Ray Carless, Ian Daly, Annalisa Koeman, David Leckie, AO, Footprints Network/WorldNomads. Barbara Davidson, Stephen Fischer, Edmund Lee, Bryn Lynar, John Mackie, com, Ian McNair Charitable Foundation Celine Fournier, Margaret Francis, Marie Manidis, Julie McCrossin, and the Sunrise Foundation. Pamela Fruin, Peter Garrett, Chris McDiven, Stella Mearns, L Mogg, Megan Grace, Meri & Phil Hand, Wendy Monro, Simon Morley, Donors $10,000 and above Troy King, Peter Lemon, Phillip Moore, Mark Openshaw, Graeme Orr, Hunter Hall International, Lisa Hacker, Brendan O’Mahoney, Christine & Allison O’Shea, Carole Patterson, Robert Petterson, UK Himalayan Trust James Pollitt, Helen & Andrew Purdam, Christine Philbrick, Sybil & Ralph Pliner, and the Hillary Himalayan Foundation NZ. Soroptimist International Cambridge, Penelope Richardson, Megan Robb, Andrew Stobart, Westpac Bank Sue Robb, Jacqui & Alan Rogers, Donors $1,000 and above (Matching Gifts), Amanda Wilkin, Lisa Semmens, Sandra Sharplin, Marko Andric, Brown Brothers Milawa, Helen Woittiez & Sean Downes Faye Shelton, Karin Simoncini, Gregory Chambers, Phil Eadie, and Terry Young. Sally Singline, Candice Smith, Sally Goodspeed, Alan Gray, Alexandra Stephens, Colin Stewart, Sue Gregory, Peter Hadwen, Peter Hall, Donors $100 and above Margie Thomas, Karen Thomas, Bill Hawker, Wayne Hoban, Peter Holder, Sue Badyari, David Ball, Denise Turner, Kerry Van Der Jagt, Wendy & Huw Kingston, Mar Knox & Barbara Ballinger, Macquarie Bank Robert Van Koesveld, Hugh Vanderfield, Mark Shircore, Justine Monahan, Foundation, Patricia Batchelor, Tracey Wright, Edie Young, Janine Young Pat Moor, Pearson Australia (Penguin Bikram Yoga (New Town, South and Zac Zaharias. Books), M Potenza, Rotary Club of Melbourne & North West), Jude Bird, Emerald, Pip & Dick Smith, Gary Thomas, Ruth Blackham, Janet Boulton, Our Supporters, who contribute on an Ray Wilson and Lorraine & Greg Woon. Robin Boustead, Bob Bowden, annual basis, are the backbone of the Margie and Graham Burgess, Foundation. We thank them for their Carol Calderwood, Dave Chamberlain, generosity and value their commitment Robert Christie, B Clark, Anna Collet, and interest in our work. Brigadoon Committee, Bob & Sadhana Thank you also to all our Supporters Cook, Adrian Cooper, Christine Cooper, who trekked and completed personal Liz Courtney, Patrick Cullinan, challenges in support of the Foundation, Elizabeth Dale, Sky Dawson, Erin Denize, including the Chairman’s Trekkers of Catherine DeVrye, Jennifer Dewar, 2011, Wild Women On Top’s Freda Du Iryna Dvoskina, Michael Egan, Faur trekkers, Dane Heaysman and Ram Ellen, Sarah Elliott, Pat Evans, Sebastian Perhauz, Justine Monahan and Enid Eyles, Anthony Ford, Bryn Francis, to the many trekkers who are planning Heath Francis, Jeanine Gibby, and raising funds for the next year. Lisa Grant, Carole Grassby, Robert Guy, Kristin Haigh, Gillian Hall, Special thanks to our many prize donors Leonie Hamer-Smith, Sue Havilland, and supporters who provided gifts and Jan & Mark Heaysman, Jacqui and expertise to the Foundation, in particular Tony Hickson, Alexander Hilyard, Bruce Hawker, Peter Hall and World David Hind, Peter Holder, Expeditions, and Kerry Lorimer for Wendy Holloway, Anthony Hommonay, assistance with public relations. Amanda Hooton, Keith Hunter, Leonie Jones, Malcolm Jones,

08 the australian himalayan foundation | Annual report 2010/11 Chairman’s Review

Welcome to for their company and the opportunity our Annual to show them first-hand what their (on- Trekking in the Himalaya Report, going) support is achieving. The amazing outlining a very school welcomes, and the meetings with provides an unrivalled successful the trainers, teachers, trainee teachers, 2010-11. and children will create a warm inner opportunity to contribute glow for a very long time. As well as to our vital programs. providing vital Towards the end of the 2010-11 year, transparency we – the Directors – took some steps We also offer a number about our operations and finances, the to strengthen the Foundation. We Annual Report is another opportunity to decided to formalise and boost Advisory of fundraising treks thank all of you, our terrific supporters Committees; appoint a full-time CEO/ and friends, who helped so much in Manager in 2012; and to expand the which include visits to ensuring that we survived the “global Board, beginning with the appointment financial crisis” and were even able of former senior AusAID officer Janine our programs. We are to expand the reach of our projects – Constantine as a Director. I am sure particularly the Teacher Training and these moves will be of great benefit, thrilled that in the past Quality Education project. and enable us to remain a “lean machine” with low administration costs And in outlining how cost-effective year so many trekkers and and very efficient project spending. and worthwhile our projects are in helping the people – especially children To finish, I want to particularly thank travelers are taking up the – of the Himalaya, it is also a great Debbie Dukes, Jim Strang (who I am communications tool to garner new very glad to say came through the challenge of raising funds support for our work. So pass it on, or Christchurch earthquake relatively go through it with your friends to inspire unscathed), and all the Directors – through sponsorship for them, too. especially Garry Weare, the Executive Director – for their amazing efforts for our programs in Nepal, But nothing beats going there as an the Foundation during 2010-11. inspiration and an education as to India and Bhutan. If why we do what we do. The inaugural We all thank you, our supporters, Chairman’s Trek, of May-June 2011, on again for your on-going support. you would like to raise which Peter Hillary and I took a group of AHF supporters to the Solu Khumbu funds for the AHF please to visit our Teacher Training courses and the schools; help celebrate at contact us. Khumjung the 50th anniversary of the first school built by Peter’s father; and of course for some wonderful trekking in the mountains, was hugely successful Simon Balderstone AM in every way. I can’t thank Dick Estens Chairman (who made it possible) and the other Top left hand image: Director Peter Hillary, “CTrekkers” – Roger, Damien, Sascha, Education Advisor Jim Strang and Chairman Mitch, Lisa, Amanda, and Alex – enough Simon Balderstone in the Solu Khumbu.

Annual report 2010/11 | the australian himalayan foundation 09 Executive Director’s Review: The Trek Ahead

‘The poverty There have also been many positive was wrenching’ developments in our smaller programs. “The District Education was a In Ladakh, we confirm that the female comment amchi (traditional health practitioners) Office offers its thanks made by the are now playing an active role in the ABC Foreign village communities in the remote region to AHF for the Correspondent of Zanskar. In Nepal, our other health team after a program conducted by the NNCTR remarkable contribution visit to the goes from strength to strength as more village of Lura, women gain access to cervical and and management of its several days’ hike south of the Everest breast cancer screening. Support for region. The living conditions as well as education improvements in remote teacher-training project the lack of educational opportunities rural districts with RHEST in Nepal and contrasted starkly with the Sherpa RENEW in Bhutan are encouraging. in the Solu Khumbu. people who live along the popular Our joint initiative with the Australian trekking routes en route to the base Tibetan Society has also received Your commitment is very of Mt Everest. positive feedback. We are looking forward to working with the Snow significant and valuable I was fortunate to accompany the ABC Leopard Conservancy on a new program crew in May this year and knew that in the Solu Khumbu region of Nepal to the quality of education however much I briefed them they would to help protect the endangered snow be taken aback by the difference in living leopards. We also look forward to at school level. We look standards between the peoples of the expanding the Himalayan Art Award and upper and the lower Solu Khumbu. It thank Margie Thomas, Program Manager forward to working with is - as we state elsewhere in the Annual for her dedication. Report - akin to the conditions that Sir Ed the AHF as it expands Hillary encountered before establishing In undertaking the programs we are the first school in Khumjung 50 years ago. continually grateful to all our supporters its program in the and donors and thank you again for The AHF is about to embark on the your efforts in helping us to ensure that 4th year of the TTQE program and it Solu Khumbu region.” the people of the Himalaya achieve is pleasing to note that the education their goals. Nepal Dept of Education, May 2011 program in the Solu Khumbu is a truly Australian initiative. It is also one that the Nepal Department of Education have recently nominated as the best education program in rural Nepal. This is huge recognition for a relatively small aid organization that rely on funds from a dedicated band of donors and supporters. Above all else we will ensure that the 47,000 plus children Garry Weare in the region will gain access to better Executive Director education outcomes.

10 the australian himalayan foundation | Annual report 2010/11 AHF Board of Directors and Staff

From left to right: Simon Balderstone, Janine Constantine, Michael Dillon, Christine Gee, Lincoln Hall, Peter Hillary, Garry Weare, Andrew Lock.

Board of Directors Peter Hillary Honorary State Representatives Adventurer (twice Everest summiteer, Simon Balderstone AM (Chairman) South Pole overland via Shackleton Victoria Director of consultancy company; Glacier, first high-altitude traverse of Chris Southgate, who has an Adviser to Olympic movement; Member entire Himalayan range); Expedition abiding interest in the Himalaya & of the 1984 First Australian Everest leader, public speaker, leader of prime instigator of the ‘Summit of Expedition; Journalist & author. Former philanthropic missions; Author Achievement’ events, and Ian Williams, Prime Ministerial adviser, SOCOG Board and photographer. who has over 30 years’ association with member & General Manager. the Himalaya, and is a Director of the Garry Weare World Expeditions Foundation. Janine Constantine Veteran trek guide with over 35 years’ International Development specialist with experience in the Himalaya; Honorary ACT 20 years’ experience developing and Secretary (Australia) for the Himalayan Zac Zaharias, a leading mountaineer managing aid projects for the Australian Club; Former Director and now with a CV that includes 14 major Government, United Nations agencies Consultant to World Expeditions; Himalayan expeditions, served as a and NGO’s. Janine adds valuable Author and photographer. UN Observer in Kashmir and is Director expertise to the AHF Board. of Peak Learning & Outdoor Insights. Andrew Lock – Geoff Bartram has also had a long Michael Dillon AM AHF Ambassador association with the Himalaya including Adventurer & one of the world’s Acclaimed as Australia’s most being a member of the ‘84 Australian leading mountain cinematographers accomplished high-altitude mountaineer, Everest Expedition, while nowadays he and documentary filmmakers with Andrew recently became the first Australian regularly undertakes trekking forays in 40 films to his credit; Member and to climb all 14 of the world’s 8000 metre the Indian Himalaya. Director of Photography on the First peaks. The Foundation is proud to have Australian Everest Expedition 1984; Andrew as its first Ambassador. Western Australia AFI award winner. Mike Wood, who has a long association AHF Office with the Himalaya including the 1993 Christine Gee Garry Weare is our Executive Director 40th Anniversary Everest expedition; Nepalese Honorary Consul General (at present Garry receives remuneration Owner Peregrine Adventures (WA). (1987– 2009); Co-Founder of Australian for two days a week, the rest is voluntary) Himalayan Expeditions (now World while Debbie Dukes manages our South Australia Expeditions); Attache to Sydney 2000 fundraising events and administration. Chris and Tashi Lachman spent over Nepal Olympic team, Member Chief a decade running a trekking operation Executive Women. in Nepal. Tashi now owns Thor Travel in Adelaide and regularly leads treks to Tibet. Lincoln Hall OAM Mountaineer (organiser and member of Tasmania the First Australian Everest Expedition in With a middle name Mallory (named after 1984; Everest summiteer 2006), trekking George), Brendan Moore has had a guide, environmentalist, keynote speaker, lifelong interest in the Himalaya. Growing prize-winning author. up climbing and walking in Tasmania his next big plan is to achieve his dream and finally trek in Nepal.

Annual report 2010/11 | the australian himalayan foundation 11 Financial Information

How we raised our Funds Donations and Supporter Fees $243,646 (58%)

in 2010/11 Grants from Overseas $30,140 (7.2%)

Fundraising Gross $127,212 (30.3%)

Interest $12,038 (2.9%)

Community Education $6,780 (1.6%)

Total $419,816 (100%)

Strategy Donations Directors’ Benefits We continue to build up our Overseas All donations go either directly to our Director Garry Weare is also the Aid account in order to fully commit to programs or into our Overseas Aid Executive Director. He is paid for two our long term projects – in particular our Account for future project payments and days a week. The rest of his considerable financial commitment to complete the associated program costs. Donations are workload is on a voluntary basis. The nine year cycle of our TTQE program. not spent on our administration costs. Chairman and all other Directors do not receive fees or benefits of any kind.

How we spent our Funds International Program Expenditure in 2010/11 & Support Costs $302,635 (64.5%)

Fundraising Costs (Govt & Public)* $118,572 (25.3%)

* Fundraising costs include all costs associated with events, plus expenses integral to applications for government accreditation (now in process). Administration $36,495 (7.7%)

** Community education costs include regular Supporter evenings which are not organised as fundraising Community Education** $11,948 (2.5%) events, but as an opportunity for our Supporters and friends to gain an update on the Foundation. Total $469,650 (100%)

The Australian Himalayan Foundation is incorporated in Victoria ABN 81 099 510 255

12 the australian himalayan foundation | Annual report 2010/11 Financial Information continued

Income Statement For the year ended 30 June 2011

2011 2010 $ $

Revenue Donations & Gifts – Monetary 228,796 209,667 – Non Monetary – – Legacies & Bequests – – Grants – AusAID – – – Other Australian – – – Other Overseas 30,140 17,370 Investment Income 12,038 13,086 Other Income – Fundraising Revenue 127,212 160,409 – Supporter Contributions 14,850 17,260 – Community Education 6,780 8,500 Revenue for International Political or Religious Adherence Promotion Programs – –

Total Revenue 419,816 426,293

Expenditure International Programs – Funds to Overseas Programs 247,135 243,387 – Program Support Costs 55,500 42,953 Fundraising Costs – Public 95,747 109,119 – Government Multilateral & Private 22,825 – Administration & Accountability 36,495 53,906 Community Education 11,948 12,402 Non Monetary Expenditure – – Total International Aid & Development Expenditure 469,650 461,767 – International Political or Religious Adherence Promotion Programs Expenditure – – Domestic Programs Expenditure – –

Total Expenditure 469,650 461,767

Excess Revenue over Expenses (49,834) (35,474)

Accompanying notes to the Income Statement are included in our full statutory financial report for 2010/11, which is available on request from our office.

Annual report 2010/11 | the australian himalayan foundation 13 Financial Information continued

Balance Sheet As at 30 June 2011

2011 2010 $ $

ASSETS Current Assets – Cash & Cash Equivalents 345,968 395,802 – Other Financial Assets – – Non-Current Assets – Property, Plant & Equipment – – – Other – –

Total Assets 345,968 395,802

LIABIILITIES – Current Liabilities – – – Non-Current Liabilities – –

Total Liabilities – –

Net Assets 345,968 395,802

EQUITY 345,968 395,802

Retained Earnings 345,968 395,802

Total Equity 345,968 395,802

Australian Himalayan Foundation Ltd had no non-current assets or any current or non-current liabilities at 30 June 2011. Accompanying notes to the Balance Sheet are included in our full statutory financial report for 2011.

Statement of Changes in Equity For the year ended 30 June 2011

Retained Earnings Total $ $

Balance at 30 June 2009 431,275 431,275

Excess Revenue over Expenses (35,474) (35,474)

Balance at 30 June 2010 395,802 395,802

Excess Revenue over Expenses (49,834) (49,834)

Balance at 30 June 2011 345,968 345,968

14 the australian himalayan foundation | Annual report 2010/11 Australian Himalayan Foundation Ltd’s Independent Audit Report A copy of the full reserves are comprised entirely of retained earnings held for unrestricted Scope & Opinion statutory financial purposes. There were no adjustments, We have audited the summarised financial transfers or asset revaluations made report of the Australian Himalayan report for 2010/11 in 2009-10 or 2010-11. Foundation for the year ended 30 June 2011 comprising the income statement, A copy of the full statutory financial is available on request statement of changes in equity, balance report for 2010-2011 is available on sheet, statement of cash flows and request from our office. from our office. the declaration of cash movements for Table of Cash Movements designated purposes. Our summary for Designated Purposes In our opinion, the information reported is consistent with the ACFID Code of Conduct financial report No single appeal or any other form reporting requirements and with the annual of fundraising for a designated statutory financial report dated 07 October complies with the purpose generated 10% or more of 2011 from which it was derived and upon the Australian Himalayan Foundation’s which we expressed an unqualified audit standards set out international aid and development opinion. For a better understanding of the revenue for the financial year ended scope of our audit, this report should be by the ACFID 30 June 2011. read in conjunction with our audit report on Code of Conduct. the annual statutory financial report. Please refer to www.acfid.asn.au for Jeff Partridge, Partner, BBus.CA further information. Trumans www.trumans.com.au Sydney, 07 October 2011

Annual report 2010/11 | the australian himalayan foundation 15 How you can help

You can contribute Join as a Supporter Make a Donation Our Supporters are crucial to our All donations to the Foundation are to the success of the development – we are a community- greatly appreciated, and can be made based organization and rely on a pool of online or by post. Donations of $2 or Foundation and its talented supporters to provide expertise, more are tax deductible. inspiration and assistance. We hold projects by becoming regular events and keep Supporters Make a Bequest informed through our Yakety Yak Create a living legacy to assist future an annual Supporter, newsletter and updates to our website. generations of people in the Himalaya or by making a Supporter Categories by remembering the Foundation in your will. donation or bequest. All Supporter Fees are tax deductible: Individual $50 per annum All payments can Family $75 per annum Trek for the AHF Bronze $250 per annum be made on-line or Trekking the Himalaya provides an Silver $500 per annum ideal opportunity to raise funds for by sending a cheque Gold $1000 per annum the Foundation. Contact the AHF to our office. office for further information.

www.australianhimalayanfoundation.org.au

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