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Annual Review Inside 2014 06/07/2015 14:33 Page 2 New Annual Review Folder 2014 06/07/2015 14:32 Page 1 THE GOLF FOUNDATION The Golf Foundation, The Spinning Wheel, High Street, Hoddesdon, Hertfordshire, EN11 8BP T: +44 (0)1992 449830 F: +44 (0)1992 449840 www.golf-foundation.org Annual Review 2014 New Annual Review Folder 2014 06/07/2015 14:32 Page 2 Annual Review Inside 2014 06/07/2015 14:33 Page 2 Contents Chairman’s Statement 2014 2-3 About Us 4 Skills for Life 4 Core Activity 5 2014 Highlights 6-7 Case Studies 8-9 Raising Awareness 10 Presidents’ Awards 10 Funding and Support 11 Thank You! 11 Financial Statement 12 1 Annual Review Inside 2014 06/07/2015 14:33 Page 3 Chairman’s Statement 2014 Charles Harrison Chairman 2014 was another challenging year for the Golf Foundation as we worked to reposition ourselves in a changing sporting landscape. Although we will always remain committed to the delivery of our charitable mandate, the focus of the Foundation has, in recent years, moved more towards working with our industry partners to address the decline in golfing participation numbers. In England there is now a unified strategic approach, involving all of the major golfing organisations. The Golf Foundation is committed to playing a full role in delivering the wider golfing objectives, which include continuing to meet the operational targets agreed with Sport England and England Golf. We continue to believe that success in persuading individuals to play sport in adult life is greatly helped by introducing them to, and capturing their interest in, sport during their early school years. The aspirations of our core funders, including the and professionalism in the way they have responded. coalition Government’s objectives for sport as a We believe that our new operational approach is well whole, have necessitated further changes to the design regarded by all of our major funders. of a number of the Foundation’s development programmes. We believe that we have responded The Golf Foundation has continued to work closely appropriately to these new requirements, although with other British golfing bodies through the National there is still much to do if we are to continue to play a Partnerships in Scotland and Wales. The Foundation full role in getting more people playing the game. The was represented on the Boards of the England Golf need to provide a steady stream of new young golfers, Partnership, ClubGolf Scotland, and Golf Development together with the Government’s wish to see a greater Wales. A number of our initiatives were delivered focus on increasing sporting participation amongst through the national development plans, and young people aged 14-25, have again been embraced contributed to the growth of junior golf in all by the Development team who have shown creativity three countries. 2 Annual Review Inside 2014 06/07/2015 14:33 Page 4 The Foundation continues to believe that golf has record my personal thanks to our existing core certain inherent core values, and that involvement in funders who, in addition to HSBC, are the R&A, its programmes can provide young people with European Tour, PGA, Ryder Cup Committee, England enhanced life skills, as well as enabling them to enjoy Golf, Sport England, the British Golf Industry and benefit from an exposure to the game of golf. Association’s ‘Grow Golf Fund’, and the Gerald The Foundation reflects this in the concept of "Skills Micklem Charitable Trust, as well as all our other for Life" which is built into the design of all of our supporters who have helped the Foundation in a development and personal training programmes. number of ways during the year. The Trustees consider that the activities of the Foundation complement the national schools We continue to be delighted to have Colin curriculum, particularly the behavioural components. Montgomerie as our President. Colin’s public profile, They provide public benefit by increasing not only reputation and enthusiasm for our endeavours have the breadth and quality of sporting opportunity, but been helpful to us. Together we are looking to use also by helping equip young people to face the his presence to help further build the reputation and challenges of future life. finances of the Golf Foundation in the years ahead. We continue to benefit from our relationship with During the year Mike Round, our long serving Chief HSBC who were again our major corporate sponsor Executive, resigned to take up a senior appointment throughout the year. All our Golf Roots programmes at the Ladies European Tour. In addition Alan Bough, carry the HSBC branding. We have enjoyed our the Finance Manager over many years, moved on to working relationship with HSBC and are determined pastures new. On behalf of myself and my fellow to remain one of their valued business partners. Trustees, I would like to thank both of these individuals for their outstanding service to the Golf On the financial front, the value of our total Foundation. In the case of Mike, we are greatly investments rose from £1.89 million to £2.23 million indebted to him for his leadership and drive in during the year, as a result of transferring some reshaping the organisation into one with a significant operating cash to the investment porfolio (£250k), in-house development capability. We wish both Mike the strength of the UK stock market, and the re- and Alan well in their future careers. investment of the dividend and interest income. Having significantly built up our operating reserves in The departure of a long serving Chief Executive recent years to help cover our funding uncertainties, inevitably creates challenges for the organisation and I am pleased to report that those in the the staff who remain. With this in mind, I would like “Unrestricted” segment again rose during the year. to thank Brendon Pyle for his leadership when he This increase was higher than our budgeted number, took over as Acting Chief Executive, following the largely because operational expenditure came in departure of Mike, and for ensuring we maintained lower than plan. This was due to a delay in some our course. At the end of the year the Trustees development programmes and lower staff costs, were delighted to appoint Brendon as the new Chief both of which were a result of the mid year Executive Officer, following a rigorously competitive departure of two members of the senior interviewing process. management team. Looking to the future, we expect our reserves to reduce over the next two years, Finally, I would like to record my own thanks plus based on a prudent operational plan which we those of the Trustees, to Sarah Tennyson (Marketing believe will deliver a grass roots programme in Manager) and Simon Evans (Acting Finance Manager) line with our charitable mandate, and the wishes for their hard work during the year, especially during of our funders. the period following the resignation of two of the senior management team members. Throughout the In these challenging economic times we remain year the operational programmes were again very extremely grateful to our funding partners, most of well managed by an enthusiastic and professional whom have given us major financial support over team of Regional Development Officers, well many years. I would like to take this opportunity to supported by the office based team in Hoddesdon. 3 Annual Review Inside 2014 06/07/2015 14:33 Page 5 The Golf Foundation About Us The Golf Foundation is a registered charity established in 1952 by Sir Henry Cotton, Gerald Micklem and other leading amateurs. Its activities are now overseen by a Board of Trustees which includes Independent Trustees as well as representatives from a number of the major golfing bodies. Patron: His Royal Highness The Duke of York, KCVO, ADC President: Colin Montgomerie OBE Vice-Presidents: The following individuals have been appointed as honorary Vice-Presidents in recognition of their service to the Golf Foundation, their playing achievements, or their contribution to the development of golf: Peter Alliss Bernard Gallacher OBE Sandy Lyle MBE Findlay Picken CA Sir Michael Bonallack OBE Tony Jacklin CBE Mrs Catriona Matthew MBE Miss Karen Stupples Dame Laura Davies CBE Paul Lawrie MBE Miss Alison Nicholas MBE John Uzielli Sir Nick Faldo MBE Tony Wheeler Ian Peacock OBE Chairman: Charles Harrison Senior Executives: On a day to day basis the organisation is run by a management team headed by a Chief Executive and three Heads of Department, each with a team of Officers and Administrators: Chief Executive: Brendon Pyle Interim Finance Manager: Simon Evans Development Manager: TBC Marketing Manager: Sarah Tennyson Skills for Life The Golf Foundation recognises the importance of grass roots junior development work and believes that investment at this level is necessary if golf is to remain a strong and successful sport. It also believes that the children introduced to golf will not only be able to look forward to a lifetime of enjoyment playing the sport, but will also develop a range of personal skills and qualities that will help them later in life. In terms of playing skills, encouraging children and young people to learn how to play the sport will lead to the psychological and physical benefits associated with improvement, personal achievement and life-long participation. The Golf Foundation is having an increasingly important role to play in the promotion of personal skills. ‘Skills for Life’ aims to encourage lifelong participation in the sport and to promote values such as honesty, co-operation, respect, self-motivation, concentration and perseverance. Through its work, the Foundation hopes that those introduced to the sport will go on to become both regular participants and responsible young people.
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