STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report Macquarie Street Sydney NSW 2000 Australia Phone: + 61 2 9273 1593 Fax: +61 2 9273 1270 Email: [email protected] www.sl.nsw.gov.au/foundation 2014–15 Annual Report CONTENTS FROM THE STATE LIBRARIAN

1 From the State Librarian 3 Chairman’s report 4 From the Director State Library of NSW Foundation & Executive Manager, Advancement 5 Highlights of 2014–15 Foundation funded Library projects 6 Governance 9 The Mitchell Campaign – Stage 1 12 Building, preserving and interpreting the collection 18 Fellowships & Awards 21 Educational outreach 23 Building Loyalty 27 Events 28 Foundation members, Custodians & Donors 33 Trustees’ report & financial statements

The strong tradition of benefaction from our Friends, celebrates not only our readers and writers but also Custodians, Foundation members, Library Circle, the librarians, archivists and publishers who have partners and sponsors has continued over the past gathered and described the collections they use. year. We are fortunate to have so many loyal and To one side is the refurbished Fellows Room which longstanding supporters whose donations assist us provides a place of contemplation for the holders in so many ways with acquisitions, conservation and of our fellowships; to the other the new Volunteers preservation, description and digitisation, education Room to offer a place of communion for those who and exhibitions and, of course, restoring our heritage give us so much of their commitment and time. Mitchell Library building. A major highlight of the year was the establishment The Mitchell Campaign was launched as the of the Coral Thomas Fellowship. Supported by the central element of the Foundation’s 25th anniversary extraordinary generosity of Rob and Kyrenia Thomas celebrations aiming to restore that magnificent and their family, this $75,000 biennial fellowship has building, address the changing needs of our readers set a new benchmark for such fellowships. Named and visitors, enable the investigations of scholars for Rob’s mother, its aim is to encourage deep and and students, and stimulate our valued Friends and focused research into Australian culture, history

CONTACT INFORMATION AND ACKNOWLEDGMENTS volunteers. I am delighted that our many passionate and society, drawing on Australian and international TEXT BY SUSAN HUNT, KAY PAYNE AND ALICE TONKINSON supporters have demonstrated their appreciation research collections. EDITING AND PROOFREADING BY HELEN CUMMING of the value of this great Library by donating over In addition, the Friends of the State Library was DESIGN AND PRODUCTION BY VIRGINIA BUCKINGHAM $1 million towards that magnificent project. relaunched with new benefits. The original Mitchell UNLESS OTHERWISE STATED, ALL PHOTOGRAPHIC AND IMAGING WORK IS BY DIGITISATION AND IMAGING, STATE LIBRARY OF NSW We thank all of our donors for the part they play in Library Reading Room, now the Friends Room, has this important work, particularly Geoffrey and Rachel been refreshed with new soft furnishings, bespoke COVER IMAGE O’Conor, the Abbott Foundation, Rob Thomas AM, furniture and improved lighting. We welcome new FIRST WORLD WAR DIARIES FROM THE LIBRARY’S COLLECTION the Nelson Meers Foundation, Kim Williams AM, Friends to this evocative space which speaks of the PHOTO BY JOY LAI Belinda Hutchinson AM and David Anstice. wonderful world of literature, great collections and

P&D 4504–8/2015 Restored to its former glory through the generosity passionate collectors such as David Scott Mitchell of our supporters, the Mitchell Library Reading Room (1836–1907). ISSN 1448-627X (PRINT) ISSN 2202-5669 (ONLINE)

© STATE LIBRARY OF NSW 2015

STATE LIBRARY OF NSW FOUNDATION MACQUARIE STREET SYDNEY NSW 2000 AUSTRALIA PHONE: + 61 2 9273 1593 FAX: + 61 2 9273 1270 EMAIL: [email protected] WWW.SL.NSW.GOV.AU/FOUNDATION

STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 1 CHAIRMAN’S REPORT

We have been delighted to continue our Looking to the coming year, the Mitchell Galleries During the year the Foundation worked with important partnership with News Corp Australia to project will be transformative. It represents the State Library management to plan and execute the commemorate the centenary of the First World War. next phase in developing our Library to meet the Mitchell Campaign fundraising: This significant national project has made our rich changing needs of future audiences, Australian and • Stage 1 — refurbishing the Mitchell Library collection of personal diaries and papers available international. Our new exhibition spaces will provide Reading Room, the Friends Room, Volunteers through digital and print media, tours to regional a unique and world leading experience. Rare historic Room and the new Gallery Room on the ground NSW communities and curriculum-based learning documents, artworks and artefacts will be accessible floor of the Mitchell Wing — has been well resources. Particularly noteworthy is the novel online on a digital platform so visitors can explore their supported by donors with $1.1 million raised. dialogue with long dead diarists through #AnzacLive context, design and meaning. These extraordinary • Stage 2 will convert the 2000 m2 first floor of the (www.anzaclive.com.au) which has attracted so many new galleries will encourage visitors, including Mitchell Wing to exhibition space of an exciting enthusiastic followers to experience the tribulations our children and grandchildren, to gain a vital international standard. Fundraising has and joys of those who served in that war. understanding of the development of this nation. commenced with a major donor commitment. This initiative, one among many, has demonstrated The redevelopment and expansion to 2000 m2 of While the success of the Foundation this year is how we collect, describe, make available, preserve the galleries will complement and draw on our digital due to the efforts of many people, I am happy to give and interpret through our own research and through innovation to convey our irreplaceable heritage to special thanks to: facilitating the research of others. This allows us to future generations. • Alex Byrne and his management team for their learn about and from the collection, helping us to To all donors at every level I express my deepest enthusiasm in making the State Library an even understand our nation, people and cultural roots – gratitude on behalf of the State Library. Your I present the 2014–15 State Library of NSW more exciting space, attractive to donors and Indigenous, Anglo-Celtic and multicultural. generosity has done much to enhance our important Foundation Annual Report with enthusiasm. philanthropists We were also delighted to announce the inaugural work. I look forward to your continued support and We have been able to maintain the momentum of • the Foundation Board and the Trustees for their Russell Prize for Humour Writing, supported by advocacy for this great Library as we enter another previous years buoyed by the affection that the contributions, especially their advocacy for the the estate of the late Peter Wentworth Russell. exciting year. community has for the State Library. Support has Library; namely Patty Akopiantz, John Atkin, Through our Foundation we have been able to I also thank the members of the Foundation Board come from our many Foundation members as well Maxine Brenner, Graham Bradley AM, Dina continue developing our relationships with key and the Trustees whose commitment and advocacy as from new donors attracted to the excitement Coppel, Samantha Meers, Tony O’Sullivan, partners. With the assistance of the Vincent Fairfax have been so very important to the State Library over generated by the State Library’s transformation. Emeritus Professor Steven Schwartz AM, Family Foundation together with the Caledonia the past year. I pay tribute to the time and skills so For the year ending June 2015 the Foundation’s Rob Thomas AM, Dr John Vallance and Foundation, we have continued our three-year generously donated to our work and particularly total income (including investments) was $4,348,000 Kim Williams AM Far Out educational outreach program to remote acknowledge the important role of Chairman Peter compared with $3,779,000 for 2014. Income from • the busy Foundation management team led by communities in NSW. The Bruce and Joy Reid Crossing. Peter has contributed so generously both donations, sponsorships, partnerships and bequests Susan Hunt for raising funds and ensuring that Foundation partnership has enabled us to further as the leader of the Foundation and as a donor, with (excluding investments) was $3,034,000 compared the wishes of donors are met. develop the important online story Voyages of the support of his wife Sally and family. Peter will with $2,567,000 for 2014. I am very pleased to report As I finish my term on 27 August this year, this Discovery: The Great South Land. conclude a glittering term at the Annual General that the value of the Foundation’s capital investments is my last report as your Chairman. While much Meeting in August and we will welcome his successor, was $16.2 million as at 30 June 2015 and the return has been achieved since the Foundation Board was Kim Williams AM, as the Foundation continues to go on our investment was 7.4%. re-established by Rob Thomas in 2009, I am sure from strength to strength. This generosity from supporters enabled the that even more will be achieved under my successor, Foundation to contribute $2,139,000 towards Library Kim Williams AM. DR ALEX BYRNE projects, compared with $2,223,000 in 2014. Funds Thank you for your support over the years. NSW STATE LIBRARIAN & CHIEF EXECUTIVE were provided as follows: • 39% on the Mitchell Campaign PETER CROSSING • 21% on exhibitions and publications CHAIRMAN • 14% for preservation and digitisation STATE LIBRARY OF NSW FOUNDATION • 13% on education, fellowships and awards • 6% on acquisitions • 7% on volunteer and membership services.

2 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 3 FROM THE DIRECTOR HIGHLIGHTS OF 2014–15 STATE LIBRARY OF NSW FOUNDATION & EXECUTIVE MANAGER, ADVANCEMENT

As one of the great publications of the Age of Discovery, this is an important addition to the • Completing Stage 1 of the Mitchell Campaign Library’s collection. This year saw a strengthening of our support with the refurbishment of the Mitchell Library Reading Room in the area of awards and fellowships. As well as and the ground floor heritage areas continued support for our long established perpetual fellowships — the David Scott Mitchell Fellowship, the Merewether Scholarship and the Australian Religious History Fellowship — now we have the • Commemorating the centenary of the First World War Coral Thomas Fellowship. Private benefaction also through the important partnership with News Corp Australia supports the National Biography Award, the Ashurst Business Literature Prize and the Russell Prize for Humour Writing. Special thanks are extended to our esteemed • Launching the inaugural Coral Thomas Fellowship, volunteers — from the over 100 volunteers who assist us each week with key projects to our the most valuable fellowship offered by the State Library of NSW dedicated Foundation Board and Trustees. The wonderful support we have received from our My personal thanks must go to Peter Crossing Foundation members in the 2014–15 year has enabled for his leadership as Chairman of the Foundation. us to expand our philanthropic reach and explore As his term comes to an end I wish to thank him • Relaunching the Friends of the State Library membership program new opportunities. With the assistance of our valued for his outstanding work in the role of Chairman supporters we have provided funding for strategic and for his extraordinary commitment to and Library projects, in particular contributing to the enthusiasm for the work of the Foundation. delivery of Stage 1 of the Mitchell renewal, as well The Foundation team’s achievements are as assisting with conservation and access to our significant this year as we move into the new FOUNDATION FUNDED LIBRARY PROJECTS collections through online and regional outreach. division of Public Libraries and Engagement Above all, the Foundation has grown mutually and I wish to thank Kay Payne, our Partnerships beneficial partnerships with individual supporters, Manager; Helena Poropat, our Memberships donors, trusts and corporations, increasing Coordinator; Emily Mierisch, Senior Project VOLUNTEER / community awareness of the Library’s work. MEMBERSHIP Officer, Volunteers, and Jane Mulock, our SERVICES Our annual donor group, the Library Custodians, Executive Assistant. 7% has made another major contribution to the Library, Above all, thank you to all of our supporters enabling the acquisition of a first edition ofThe World for making this year so successful. With your Encompassed by Sir Francis Drake, the 1628 narrative assistance we look forward to embracing new EDUCATION / of Francis Drake’s circumnavigation of the Pacific. FELLOWSHIPS / opportunities in the coming year. AWARDS 13% MITCHELL CAMPAIGN SUSAN HUNT STAGE 1 DIRECTOR STATE LIBRARY OF NSW FOUNDATION 39% & EXECUTIVE MANAGER, ADVANCEMENT

PRESERVATION / DIGITISATION 14%

ACQUISITIONS 6%

EXHIBITIONS / PUBLICATIONS 21%

4 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 5 GOVERNANCE

JOHN ATKIN ALEX BYRNE TONY O’SULLIVAN ROB THOMAS AM Mr Atkin is a professional company Dr Alex Byrne is the NSW State Librarian Mr O’Sullivan has over 25 years of Mr Thomas was President of the Library director and is currently independent and Chief Executive. He was previously the experience in financial services and is Council from 2007 to 2014. He has over Chairman of GPT Metro Office Fund University Librarian and a Vice President currently Managing Partner of Washington 35 years of experience in the securities FOUNDATION and a non-executive director of Aurizon and Pro Vice Chancellor at the University Investment Management LLP, based in industry. Mr Thomas is Chairman of BOARD Holdings Limited and IPH Limited. of Technology, Sydney. Before this he was London. Previously, Mr O’Sullivan was Starpharma Ltd, Aus-Bio Ltd and Grahger FOUNDATION MEMBERS He was managing director of the Trust Chief Librarian and subsequently Pro Vice a Global Managing Director and Head Capital Securities Pty Ltd. He is a Director TRUSTEES 2014–2015 Company Limited from 2009 to 2013 Chancellor at Charles Darwin University. of Investment Banking at Lazard, the of Heartware International Ltd, Virgin 2014–2015 PETER CROSSING before its successful merger with Perpetual From 2005 to 2007 he was President of pre-eminent NYSE-listed financial Australia Ltd, O’Connell Street Associates MAXINE BRENNER Limited. Before joining the Trust Company, the International Federation of Library advisory and asset management firm, Pty Ltd, REVA Medical Ltd and Biotron Ltd. he was the Managing Partner and Chief Associations and Institutions (IFLA). in Sydney. In September 2012, Lazard DR JOHN VALLANCE Executive Officer of leading Australasian acquired O’Sullivan Partners, a financial DINA COPPEL Dr Vallance is the Headmaster of Sydney law firm Blake Dawson (now Ashurst). advisory firm, which was founded by Mrs Coppel has over 25 years of experience Grammar School. Previously he was a Before this, Mr Atkin was a senior mergers Mr O’Sullivan in 2004. Before returning building professional and retail services Fellow and Tutor of Gonville and Caius and acquisitions partner of Mallesons to Australia, Mr O’Sullivan spent seven businesses in management and College, Cambridge, and taught in the Stephen Jaques (now King & Wood years as a London-based corporate adviser, entrepreneurial roles, including Andersen Faculty of Classics at the University of Mallesons). He has been a member of the specialising in cross-border mergers and Worldwide and Allens Arthur Robinson. Cambridge. He has published widely on JOHN ATKIN GRAHAM BRADLEY AM board of the Australian Outward Bound acquisitions. Mr O’Sullivan was a lawyer SUSAN DOYLE Mrs Coppel has also worked extensively ancient Greek philosophy and medicine, Foundation since 2007 and of the State with one of Australia’s leading and largest with not-for-profit organisations in worked as a musician and has a deep Library of New South Wales Foundation law firms before his financial services strategy and fundraising roles. Chairman interest in art, especially sculpture. MAXINE BRENNER (CHAIR) since 2013. In addition to his board roles, career. He is also a Founding Member of of Ku-ring-gai Financial Services Limited Dr Vallance is a member of the Library Ms Brenner has more than 30 years of Mr Atkin also provides coaching and the Australian Architecture Association and the Chair of Education Planning for Council, a Trustee of the State Library broad corporate experience, particularly consulting services in his areas of expertise. and a Member of the Council of the the JCA, Mrs Coppel is also the author of of NSW Foundation and a Director of in relation to corporate advisory, mergers Serpentine Gallery in London. GRAHAM BRADLEY AM a blog on the challenges for women seeking the National Art School. and acquisitions and restructuring work. Mr Bradley is a professional company to become non-executive directors. STEVEN SCHWARTZ AM Her work spanned numerous sectors KIM WILLIAMS AM director and is currently Non-Executive Emeritus Professor Steven Schwartz AM including media, telecommunications, PETER CROSSING Mr Williams has had a long involvement DR ALEX BYRNE DINA COPPEL Chairman of Stockland Corporation, is Executive Director of the Council for property, infrastructure and the public Mr Crossing is Vice Chairman, Investment in the arts, entertainment and media EnergyAustralia Holdings and HSBC Bank the Humanities and Social Sciences, an sector. She is currently a non-executive Banking Australasia, UBS, and has over industries. He has held various executive Australia. He also chairs junior gas explorer Honorary Senior Fellow of the University director of Origin Energy, Qantas, Orica 34 years of experience in investment leadership positions since the late 1970s Po Valley Energy and Virgin Australia of Melbourne, a Senior Advisor to Nous and Growthpoint Properties Ltd. banking in Australia and Asia – the past including as Chief Executive at News International Holdings, and is a director Group, a Board Member of Teach For 25 years with UBS. As a collector, he has Corp Australia, Foxtel, Fox Studios SUSAN DOYLE of GI Dynamics. In July 2013 he was Australia, a fellow of the Academy of a particular interest in the conservation Australia, the Australian Film Commission, Ms Doyle has been a member of the appointed Chairman of Infrastructure Social Sciences, a fellow of the Australian of, and access to, the records of European Southern Star Entertainment and Musica State Library Council of NSW since NSW. Mr Bradley was previously Managing Institute of Company Directors, a Senior first contact with Australia, especially those Viva Australia respectively. He has also 2014. She has had an extensive executive Director of Perpetual Limited, National Fellow of the Centre for Independent SAMANTHA MEERS TONY O’SULLIVAN relating to natural history. Mr Crossing is held numerous board positions (and career in the funds management Managing Partner of law firm Ashurst Studies and a NATO Fellow and Chairman Chairman of the Foundation Board. chairmanships) in commercial and industry, particularly in the equities and partner of McKinsey & Company. of the Board of the Australian Curriculum, public life over more than three decades, and fixed interest sectors, working with Mr Bradley was President of the Business SAMANTHA MEERS Assessment and Reporting Authority. including as Chairman of the Sydney Commonwealth Funds Management, Council of Australia from 2009 to 2011 Ms Meers is Executive Deputy Chairman of Before that, he was Vice-Chancellor of Opera House Trust from 2005 to 2013. Suncorp Metway and Insurance Australia and Deputy President of the Takeovers property and investment group the Nelson Macquarie University, Sydney; Brunel Mr Williams is a current board member Group. Ms Doyle is a Director of the Panel from 2006 to 2013. He is a member Meers Group, and co-founder and trustee University, London, and Murdoch of the University of Western Sydney Taronga Conservation Society, Stock of the Advisory Council of the Australian of the Nelson Meers Foundation. Ms Meers’ University, Perth. Foundation, the Myer Foundation, the Exchange Guarantee Corporation, School of Business at UNSW and a director current non-executive directorships include: Australian Grape and Wine Authority Barbara May Foundation, LawCover of the European Australian Business Deputy Chairman of Creative Partnerships STEVEN SCHWARTZ AM ROB THOMAS AM and is a Commissioner of the Australian Insurance Ltd and LawCover Ltd, and Council. Australia; a Trustee of the Art Gallery of NSW; Football League. the Australasian College of Dermatology Chairman of Documentary Australia; a board and was an inaugural Guardian of the member of the Sherman Contemporary Art Future Fund of Australia. Foundation; a member of the Vice-Chancellor’s Advisory Council at the University of Sydney; ROB THOMAS AM (TO 31 DECEMBER 2014) and a member of the Advisory Council for DR JOHN VALLANCE the Centre for Social Impact at the University of New South Wales. Previously, Ms Meers (SEE PREVIOUS) practised as a corporate lawyer, subsequently DR JOHN VALLANCE KIM WILLIAMS AM holding senior management positions in the media sector.

6 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 7 THE MITCHELL CAMPAIGN – STAGE 1

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The Mitchell Library is a jewel of Sydney architecture Throughout the year we had a strong response to MITCHELL LIBRARY READING ROOM and one of the grandest spaces in the city. It is also our general appeal and have reached our overall PHOTO BY 01 CATHERINE BENNETT, one of Australia’s finest public sandstone buildings. target of $1.1 million. EMMA BJORNDAHL MITCHELL LIBRARY READING ROOM As part of the State Library, this cultural institution The magnificent Mitchell Library Reading Room DONOR 1 DECEMBER 2014 has a significant collection worth over $3.15 billion has been elegantly refurbished with a glass-partitioned PHOTO BY and holds 60% of the State’s assets. scholars’ area located at the rear of the expansive floor MERINDA CAMPBELL The Mitchell Campaign was initiated in 2013 plan. The detailed stained glass windows surrounding 02 PETER CROSSING, MITCHELL LIBRARY to mark the 25th anniversary of the State Library the upper level of the room have been restored to READING ROOM DONOR AND CHAIRMAN OF THE of NSW Foundation. The goal was to support the their former glory, the lighting upgraded and new FOUNDATION BOARD refurbishment of the Mitchell Library building, sustainable flooring has been installed. 1 DECEMBER 2014 PHOTO BY address the changing needs of the public and meet The initiative to ‘sponsor’ a study table or chair MERINDA CAMPBELL the educational expectations of our scholars, in the reading room was exceptionally well received, 03 RESTORATION WORK BEING UNDERTAKEN students, visitors, friends and volunteers. with over 150 items of furniture supported by ON THE STAINED GLASS IN THE MITCHELL LIBRARY We are particularly delighted to confirm that a diverse group of individual donors. Each sponsored READING ROOM this year we have completed Stage 1 of the Mitchell study table or chair has been engraved with a brass PHOTO BY MERINDA CAMPBELL renewal which encompassed the restoration of plaque dedicated to a family, partner, grandchild, 04 MARGARET EVANS, the Mitchell building’s ground floor heritage spaces. loved one or in memory of a special individual. MITCHELL LIBRARY READING ROOM DONOR 1 DECEMBER 2014 PHOTO BY MERINDA CAMPBELL /04

8 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 9 A passionate group of benefactors collaborated The Volunteers Room, originally the anteroom of to support the refurbishment of the ground floor the Mitchell Reading Room, has been upgraded and of the Mitchell wing. The newly enhanced suite of expanded and is an ideal dedicated location for the spaces includes the Friends and Volunteers rooms large contingent of our volunteers who undertake and a new Gallery Room for public use. These a variety of Library activities. The new Gallery Room grand spaces have been designed to be inviting and offers a large elegant room for public events. contemporary yet sympathetic to the building. The These newly restored spaces were made available Friends Room (which started its life as the original to the public in March 2015 and provide wonderful Mitchell Reading Room) now resembles an intimate areas for over 1700 Friends, 100 volunteers and for club with a historic ambience nestled in the heart of the public who will be able to use the Gallery Room. the CBD, complete with bespoke furniture and soft We heartily thank all donors for their support for furnishings — a quiet space to read, research or catch this important work, in particular Geoffrey and Rachel up with friends. Dr Haneman’s extraordinarily quirky O’Conor, the Abbott Foundation, Rob Thomas AM, collection of 1100 editions of Miguel de Cervantes’ the Nelson Meers Foundation, Kim Williams AM, Don Quixote still lines the walls in splendid cabinetry. Belinda Hutchinson AM and David Anstice. A special thank you is extended to Cadrys Carpets The following images reveal some of the for translating a selection of Florence Broadhurst construction and refurbishment work carried out works from her iconic Art Deco inspired designs as part of this mammoth task. into exquisite hand-knotted rugs. We are extremely delighted with the results and appreciate the support we have received from so COMPLETED FRIENDS ROOM many loyal supporters. PHOTO BY JOY LAI

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01 COMPLETED VOLUNTEERS ROOM PHOTO BY JOY LAI 02 COMPLETED GALLERY ROOM PHOTO BY JOY LAI 03 COMPLETED FRIENDS ROOM PHOTO BY JOY LAI 04 CONSTRUCTION WORK IN THE GALLERY ROOM PHOTO BY EMMA BJORNDAHL 05 CONSTRUCTION WORK IN THE FRIENDS ROOM PHOTO BY EMMA BJORNDAHL /05

10 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 11 BUILDING, PRESERVING AND INTERPRETING THE COLLECTION

CENTENARY OF WORLD WAR I The Centenary of World War I Commemorative Drawing on this rich collection, in July 2014 Coinciding with Life Interrupted was the exhibition representatives. When the book is released in Program has been generously supported by the Library unveiled its first major exhibition for Portraits of War: The Crown Studios Project, featuring 2016 it will be an important resource in schools, News Corp Australia. Through this program the the commemorative program, Life Interrupted: portraits collected by the Library in 1918 of soldiers public libraries and online. Special thanks must Library has shared its collection, and welcomed Personal Diaries from World War I. The exhibition, who were heading overseas to serve. May 2015 saw go to Veolia and Networks NSW which generously engagement with the stories it holds, through from 5 July to 21 September 2014, had more than the premiere of A Town Named War Boy by Ross supported this project. exhibitions, innovative public programs and 26,552 visitors. The year also saw the completed Mueller, the result of an exciting collaboration The Library collaborated with News Corp on online platforms. digitisation of all of the diaries and letters, 180,000 between the Australian Theatre for Young People #AnzacLive, an evocative, deeply moving online In 1918, the Library launched an appeal to collect pages in total. Now 40% of these documents have and the State Library. The play’s script was based experience through which people today can ‘talk’ the diaries and letters of soldiers who served in the been transcribed and made available online. on the Library’s collection of diaries. in real time via Facebook with those who served in First World War, recognising that with the passage The importance of this collection was recognised Progress continued on the centenary publication the First World War. Launched on 29 March 2015, of time these first-hand accounts would shape our in December 2014 when it was included on the ‘NSW and the Great War’, which in recounting this innovative and often confronting experience understanding of the Australian experience of the UNESCO Australian Memory of the World Register. the state’s experience of the First World War will is a centrepiece of News Corp Australia’s First World war. By the late 1920s, the Library had amassed This program honours documentary heritage of look closely at NSW social history. The project War commemorative campaign. It has drawn on the a rich collection of diaries, letters, photographs, significance for Australia and the world, and advocates is managed by the NSW Centenary of Anzac expertise of State Library staff, and four of the nine maps, artwork and printed material that not only for its preservation. It is an extraordinary honour History Committee, which includes State Library diarists featured are from the Library’s collections. shed light on the experiences of the men and women to be included on this register which also lists the who served, but also on the experiences of people Library’s First Fleet journals and the Holtermann on the home front. photographic collection.

THE DIARY WALL /01 /02 01 ‘577’ WRITING HOME IN THE EXHIBITION HENRY CHARLES LIFE INTERRUPTED MARSHALL, PXA 1861 7 JULY 2014 02 SIMON CROKER, PHOTO BY JOY LAI EDWARD McKENNA, JOSHUA BRENNAN AND BRANDON McCLELLAND IN ATYP’S A TOWN NAMED WAR BOY, 2015 PHOTO BY TRACEY SCHRAMM ©

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SIR FRANCIS DRAKE FIRST EDITION ORAL HISTORY PROJECT MACARTHUR FAMILY PAPERS MACQUARIE FAMILY PAPERS

THE WORLD ENCOMPASSED Through the support of our Custodians, the Library The Foundation was pleased to provide support This has been the final year of a five-year project to The State Library holds an unparalleled, diverse 01 ELIZABETH MACARTHUR BY SIR FRANCIS DRAKE C. 1850 (1628), MRB/215 has acquired a first edition of The World Encompassed towards acquiring oral history interviews from the conserve the Macarthur Family Papers (1789–1930) collection of Governor Macquarie’s personal and UNKNOWN ARTIST by Sir Francis Drake (1628), detailing Drake’s culturally and linguistically diverse communities and special thanks must go to the Maple-Brown family papers. Made up of manuscripts, journals, 02 LACHLAN MACQUARIE 1822 celebrated circumnavigation of the world. Published of Sydney and regional NSW. Accomplished Family Charitable Foundation, whose support has diaries, letterbooks and certificates, they comprise RICHARD READ SNR nearly 50 years after the event, the work is based on photographer and oral historian Louise Whelan allowed this critical work to be undertaken. some 20 volumes with over 2000 pages, covering the notes of Francis Fletcher, who accompanied Drake has interviewed 31 people for the project since it One of the most priceless collections of working the period from 1787 to 1844. as chaplain on the voyage. It was the first detailed commenced in 2013. Before this, Whelan had spent papers, family and personal journals, diaries, The collection of Governor Macquarie’s personal account of the voyage and would become renowned several years creating a rich archive of photography notebooks and correspondence held by the Mitchell and family papers, valued at $2.4 million in 2005, as one of the most important publications of the Age that captures the diversity of contemporary society Library, they feature the papers of Elizabeth and John is considered to be one of the most nationally of Discovery. throughout the state. In the process she had Macarthur — key colonial figures in the establishment significant foundation collections in the Library. This superb edition, bound in crimson morocco developed a wide network of friends and contacts of the Australian wool industry — as well as their The Foundation is delighted to announce that with gilt spine, includes a portrait of Drake, depicted from diverse communities, which formed the basis sons James and William, who were landowners, Macquarie Group Foundation and the John Lamble with his arm resting on a globe, surrounded by of this oral history project. pastoralists and parliamentarians. Foundation are partnering over two years with the navigational instruments. It also includes the double The interviews captured the personal stories They are one of the most requested and extensive Library to fund the conservation of this expansive hemisphere map of the world engraved by Robert of people from countries in Africa, South Asia, the manuscript collections: 296 volumes and 30 boxes, collection to safeguard its longevity. Preservation Vaughan, in itself highly valuable. This folding Middle East and the Pacific who have migrated under acquired by the Library as two collections in 1940 and treatment will include removing the letters from double-page insert is entitled ‘A New and Accurate different schemes — whether as asylum seekers, 1957. While the papers have been catalogued and some highly acidic bound volumes which have become Mappe of the World, Drawne According to the Best under the skilled immigrant scheme, or as refugees volumes microfilmed, the original manuscripts have very brittle and fragile, as well as repairing and and Latest Discoveries That Have Been Made’. under the United Nations High Commission for had to be removed from acidic volumes, repaired and spine-strengthening the journals, logbooks Among the decorative figures featured are portraits Refugees (UNHCR) scheme. Having earned their placed into acid-free storage. and diaries. of the circumnavigators Drake, Magellan, Thomas trust, Whelan lets these individuals tell their stories This year correspondence (Volumes 15 and 68) The Foundation has enjoyed a ten-year Cavendish and Olivier van Noort. in their own voice. was selected for treatment and rehousing. The acidic relationship with Macquarie Group which has Of the 12 interviews this year interviewees hinges that bound the pages from Volume 15 were supported our significant online storyThe Macquarie COLONIAL ACQUISITION included Joseph Isa Majambere, a former refugee replaced with Japanese tissue hinges, also used for Era, now an important school resource for the study from Burundi; Saeed Zabiji, an asylum seeker from page repairs where necessary. Finally, the pages of Australian colonial history. The John Lamble In July 2014 the Foundation — through the generosity Iran; and sisters Fanus and Senait Trisfamichael, were inserted into archival fascicules, which are now Foundation, a long-term supporter of the Library, of Michael and Vashti Waterhouse — supported the former refugees from Sudan. These recordings housed in a cloth-covered clamshell box finished has a keen interest in our conservation work. acquisition of one of the earliest private letters from are an invaluable addition to the Library’s oral with gold tooling. The correspondence in Volume 68 Port Macquarie, written by Thomas Hassall and history collection. Many thanks to Vicki Brooke included wool samples, which have been rehoused his wife Anne. The Library holds the papers of the for her support of this project. in small archival enclosures. Hassall family, including those of Thomas Hassall, who was one of Australia’s original ‘bush parsons’ and responsible for establishing the first Sunday school in NSW. This 1825 letter, sent to Miss Jane Walters of Perth, Carmarthenshire, South Wales, is a wonderful edition to the collection. Writing to thank Miss Walters for the sundries she has sent to them, the letter provides a fascinating glimpse into life in the colony.

14 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 15 DEATH OF COOK C. 1781–83 JOHN WEBBER DG 26 /01

/02 JEAN GARLING WENTWORTH FAMILY PAPERS CONSERVATION PROJECTS VOYAGES OF DISCOVERY

01 WILLIAM CHARLES The Wentworth family papers, of which the Library The bequest of the late Jean Garling provides Through the ongoing generosity of the Bruce & Joy WENTWORTH, 1872 JAMES ANDERSON holds three collections, shed remarkable light on funding towards conservation projects at the Library. Reid Foundation, the Library can unveil its unrivalled 02/03/04 the Australian colonial experience through the This year the support enabled the Jean Garling collections of maps, journals, logbooks, letters, REPAIRS TO PAGES FROM WENTWORTH eyes of controversial medical practitioner D’Arcy Conservator to undertake work on a variety of critical paintings, prints, drawings and books relating to the PAPERS Wentworth, his daughter Sarah and son William projects, including a number of the Library’s natural extraordinary voyages of discovery of the Great South Charles Wentworth, the explorer, barrister, owner history collections. Treatments of Australian flowers, Land. As far back as the first centuries of the modern of Vaucluse House and member of NSW Parliament. 1787–1799 (Safe/PXD 17) and Australian fishes, age, the early Greeks and Romans theorised about With the support of an anonymous donor, the 1774–1794 (Safe/PXD 18) were completed including a vast landmass that existed beyond the Indian collection (which includes 17 volumes of papers), 51 backing removals, blotter washes, linings and tear Ocean. They called it Terra Australis Incognita — is undergoing urgent cleaning, repair and rehousing repairs. The treatment of Drawings of birds chiefly the unknown southern land. It took more than over a four-year period. Among the papers are from Australia, 1791–1792 (Safe/PXD 226) was also 1000 years before this mysterious continent was correspondence, hospital returns, a list of stores, completed, with work that included repairing tears finally located, charted and named Australia. Now Treasury orders, petitions for wine and spirit licenses, and securing drawings to album pages where the this material, accessible online, is a vital educational certificates and ledgers. This year, two volumes of adhesive had failed. resource for students and researchers. extremely fragile manuscripts have been treated. The rehousing of Collection of Australian bird

Old non-archival repairs that created staining, /03 illustrations, c. 1792 (PXD 680) and Flora of New distortion and degradation have been removed and South Wales, c. 1790s (Safe/DL PXX1 series 2) was where possible tears and losses have been repaired also completed. Thirty-three watercolours from using Japanese tissue and wheat starch paste. These Flora of Norfolk Island, c. 1790s, attributed to manuscripts will be hinged into newly constructed John Doody (Safe/DL PXX1 series 1), were treated acid-free, archival fascicules. and window-mounted and will soon be housed in clamshell boxes. Further treatment of the TAL & Dai-ichi Life Derby collection of natural history watercolours, 1790s (Safe/PXD 1098) was also carried out. Paper and binding treatments on volume 4 are nearing completion.

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16 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 17 FELLOWSHIPS & AWARDS

ASHURST BUSINESS THE CORAL THOMAS FELLOWSHIP LITERATURE PRIZE The Fellowship Program is a longstanding feature Launched in 2004 by Ashurst (then Blake Dawson) of the State Library’s commitment to research and and administered by the State Library, the $30,000 affirms the support the Library offers scholars. prize is Australia’s largest and most significant This year the Library announced its richest award for business literature. It was established to fellowship ever: the Coral Thomas Fellowship. encourage the highest possible standards of literary Valued at $75,000, this fellowship has been supported commentary on Australian business and financial by the extraordinary generosity of Rob and Kyrenia affairs and was expanded in 2013 to include Australian Thomas and their family. It is offered every two authored works addressing international and global years to encourage deep and focused research into commercial life and its participants. Australian culture, history and society, drawing on Award-winning journalist Andrew Burrell won Australian and international research collections. /01 the 2014 Ashurst Business Literature Prize for /02 While the Library administers a number of Twiggy: The High Stakes Life of Andrew Forrest fellowships, the Foundation supports the (Black Inc.). Burrell traces Andrew Forrest’s NATIONAL BIOGRAPHY AWARD following fellowships. business disasters and triumphs to reveal a The David Scott Mitchell Fellowship and The 2015 Mitchell Fellow is Dr Ruth Thurstan. complicated man often viewed as the public face The National Biography Award is administered and the Merewether Scholarship (each $12,000 per Development, Industrialisation and Recreation: of Australia’s once-in-a-lifetime mining boom. presented by the State Library on behalf of the award’s annum) were established in March 2008 from the An Environmental History of Australian East Coast Burrell received his prize from investigative benefactors, Dr Geoffrey Cains and Mr Michael generous benefaction of the late John Merewether, Fisheries highlights interactions between humans journalist Kate McClymont who was the guest Crouch AO. The award was established to encourage a longstanding supporter, friend and donor to and the marine environment. It concentrates on a speaker at the special award dinner hosted by the highest standards of writing in the fields of the Library. significant period in global fisheries, as the industry’s Ashurst on 4 March 2015. biography and autobiography and to promote public The David Scott Mitchell Fellowship encourages mechanisation and commercialisation had a major Other shortlisted books included: interest in these genres. The success of the award the research and study of Australian history using the impact on fish stocks. This was also a time when • Stop the Presses: How Greed, Incompetence reflects the continuing interest in stories about the collections of the Mitchell Library. The Merewether recreational fishing became popular, and Dr Thurstan (and the Internet) Wrecked Fairfax extraordinary lives of ordinary people. The Ambitions Scholarship encourages and supports the research proposes to examine these developments through Ben Hills (ABC Books/HarperCollins) of Jane Franklin: Victorian Lady Adventurer, written and study of nineteenth century history in NSW studying popular texts and government reports. • Kerry Stokes: Self-Made Man by historian Dr Alison Alexander (Allen & Unwin), using the collections of the Mitchell Library. The Australian Religious History Fellowship, Margaret Simons (Penguin Group Australia) was announced as the 2014 winner of the $25,000 The 2015 Merewether Scholar is Dr Matthew at $20,000 per annum, was established in 2010 by an • Rupert Murdoch: A Reassessment, National Biography Award on 4 August 2014. Fishburn for his project ‘I reckon on being the greatest anonymous benefactor. The 2015 Australian Religious Rodney Tiffen (NewSouth) The Ambitions of Jane Franklin traces the life of this curiosity of the whole’: A Study of the John Septimus History Fellow is Dr William Emilsen. Christianity Alan Cameron AO, chair of the judging panel inimitable woman from her birth in late eighteenth- Roe Letters. Dr Fishburn proposes to work closely on and Indigenous Culture in Transition: A History of commented: century London to her marriage at the ripe age of the archive of 201 letters written by Roe between 1807 Goulburn Island (Warruwi), 1916–2016 explores The judges commend all four shortlisted books for their 36 years to Sir John Franklin, and her many trips to 01 CORAL THOMAS and 1829, which the Library purchased in 2010. Nearly the history of Christianity on Warruwi from its description and analysis of what drives their subjects – far-flung locations, including Russia, the Holy Land, 02 ROB THOMAS AM (CENTRE) AND FAMILY a third of these letters discuss Roe’s time in NSW with inception in a manner that allows the Indigenous but particularly the winner, Andrew Burrell’s Twiggy. northern Africa, America and Australia. AT THE LAUNCH OF Phillip Parker King and their circumnavigation of voice to speak. His project is being conducted in It is an important record of one of the nation’s most The other shortlisted titles included: THE CORAL THOMAS FELLOWSHIP Australia. This archive has fascinating details about collaboration with the leaders of the Marung People successful businesspeople who is also one of our most • Stillways: A Memoir, Steve Bisley 21 APRIL 2015 generous philanthropists. It’s also an entertaining read. (HarperCollins Publishers) PHOTO BY the social and practical networks colonists used for on Goulburn Island, and with the support of the MERINDA CAMPBELL their advancement. Northern Regional Council of the Aboriginal and • Kitty’s War, Janet Butler Islander Congress of the Uniting Church. (University of Queensland Press) This is the third year that the Library offered the • Exit Wounds: One Australian’s War on Terror Sydney Grammar School – State Library of NSW John Cantwell and Greg Bearup Fellowships, established under the generous (Melbourne University Publishing) benefaction of the Sydney Grammar School, to • A Spy in the Archives, Sheila Fitzpatrick support the development of curriculum resources (Melbourne University Publishing) based on the Library’s collections. The fellowships • On Warne, Gideon Haigh are worth $5000 each. (Penguin Books Australia). 01 THE 2014 ASHURST This year the first fellowship was awarded to The judges — award-winning biographer BUSINESS LITERATURE Dr Jennifer Lawless for a Human Society and its Jacqueline Kent, critic and founding editor of the PRIZE SHORTLISTED BOOKS Environment (HSIE) history resource for teachers. Sydney Review of Books James Ley, and Professor 02 SHORTLISTED AND The second fellowship was awarded to Mrs Karen Melanie Nolan, General Editor of the Australian WINNING BIOGRAPHERS, PROFESSOR Yager who is proposing to base a Stage 6 English Dictionary of Biography — praised Alexander’s SHEILA FITZPATRICK, GREG BEARUP, Area of Discovery course on the Library’s Discover research as well as the quality of her writing. STEVE BISLEY, Collections online resource. The project will introduce DR ALISON ALEXANDER (WINNER) AND the concepts of discovery, in part looking through /01 DR JANET BUTLER, the prism of texts such as Banks’ Endeavour log. NATIONAL BIOGRAPHY AWARDS, 4 AUGUST 2014 This module will target Year 12 English teachers. PHOTO BY BRUCE YORK /02

18 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 19 EDUCATIONAL OUTREACH

Far Out! Treasures to the Bush Keep doing what you are doing as it is very valuable to young citizens of the world to be aware of their past and value artefacts. Teacher from Parkes Public School, May 2015

So relevant to our work. It brought history to life for the students! Excellent delivery which engaged the students. We’re ready to begin our history lessons! Teacher from Forbes Public School, May 2015

Our regional outreach program, Far Out! Treasures to the Bush, is delivered to schools in rural and regional NSW by the Library’s educators and made possible through the generous support of the Vincent Fairfax Family Foundation and the Caledonia Foundation. Iconic original materials from the Library’s vast collections form the basis of interactive workshops for Stage 2 students (years 3 and 4). The items selected are used to explore the syllabus area of ‘Indigenous heritage and British colonisation’ and Indigenous word lists for each area visited are included in the collection on tour. Students and teachers benefit from the workshops as they are /01 DR ALEX BYRNE, introduced to a wealth of State Library material, BERNARD COHEN (WINNER), RACHEL HILL online resources and classroom ready course ware, AND ANDREW TINK AM all of which are invaluable tools for teaching staff, Students become involved in the stories as they 01 STUDENT FROM AT THE CEREMONY FOR WARREN CENTRAL THE INAUGURAL RUSSELL particularly those disadvantaged by geographic assume the persona of the main character, including SCHOOL WITH PRIZE FOR HUMOUR isolation. dressing up in period costume. In this way, young SMALLEST WRITING, JUNE 2015 DICTIONARY PHOTO BY The universal themes of resilience and rising people can imagine a world very different to their MAY 2015 MERINDA CAMPBELL above the odds to achieve greatness are explored own and gain an understanding of the extraordinary 02 SAMARA AND MADELINE, STUDENTS FROM by educators with the extraordinary stories of length of the Indigenous occupation of Australia and PARKVIEW PUBLIC RUSSELL PRIZE SCHOOL Mary Reibey, James Cook and Johnny Kangatong. the challenges faced by early Australian explorers FOR HUMOUR WRITING and convicts. The State Library was delighted to announce the The other shortlisted titles included: Thirteen Far Out! tours were conducted from inaugural Russell Prize for Humour Writing, the • A Short History of Stupid: The Decline of Reason July 2014 to June 2015 with 124 schools, 7527 only award of its kind in Australia. The prize has and why Public Debate Makes us Want to Scream students and 418 teachers participating. Since the been made possible by the generous bequest of the Helen Razer & Bernard Keane (Allen & Unwin) pilot course in March 2012, a total of 262 schools late Peter Wentworth Russell, a farmer, businessman • Boomer & Me: A Memoir of Motherhood, and and 14,861 students and teachers have participated and passionate reader. Administered and presented Asperger’s, Jo Case (Hardie Grant Books) in 26 Far Out! tours. Towns visited this year include biennially by the Library on behalf of the estate, the • I, Migrant: A Comedian’s Journey from Karachi Walgett, Warren, Deniliquin, Hay, Balranald, Lake prize celebrates, recognises and encourages humour to the Outback, Sami Shah (Allen & Unwin) Cargellico, Boorowa, Gunning, Dubbo, Coolamon, writing and aims to promote interest in the genre. • The Full Ridiculous, Mark Lamprell Leeton, Griffith, Forbes and Parkes. On 25 June 2015 Bernard Cohen was announced (Text Publishing) Teachers have indicated that this program is highly as the inaugural winner of the $10,000 prize for • The Wife Drought: Why Women Need Wives, valued, engaging and that it meets an enormous need The Antibiography of Robert F Menzies (HarperCollins and Men Need Lives, Annabel Crabb in their small communities. This very powerful Publishers) at a ceremony at the Library. (Random House Australia) learning program continues to provide schoolchildren Chair judge Dr Kathryn Heyman commented that and teachers in regional communities with an ‘In [Antibiography of Robert F Menzies] Cohen has unforgettable learning experience. created a sharp political satire shot through with true and startling originality.’ The Foundation would like to thank Rachel Hill,

goddaughter of Peter Wentworth Russell, for her /02 advocacy of this award.

20 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 21 BUILDING LOYALTY

Bus Transportation Subsidy The past year has seen the continued success of I would like to sing the praises of this program WordeXpress, a HSC student centered program that and encourage further funding for next year please. was initiated in 2013 to showcase the outstanding My students are from the Western Suburbs and rarely writing skills of Year 12 students in NSW. The program go to the city and even more rarely go to a library. includes an annual presentation event where HSC The State Library tour was excellent, the staff gave English Extension 2 students who have been amazing assistance and direction to my students published in the annual WordeXpress Young Writers who are studying Society and Culture, a research Showcase are awarded certificates. In July 2014 this based subject. I thank you for allowing us this event was held at the State Library and was attended remarkable opportunity. by 110 students, parents and teachers. The Foundation Teacher from Mt Annan High School would like to thank our donors for supporting this program. The cost of transporting their students by bus to In 2014–15, 230 students participated in onsite programs in Sydney is increasingly prohibitive for and regional WordeXpress programs. This included schools which are already facing challenging fiscal a student seminar day held at the State Library in realities. An initiative of the State Librarian, the Bus October 2014 that was attended by 127 students and Transport Subsidy was established in 2013 to allow teachers. It was a day filled with inspiring speakers and students from Western and South-Western Sydney valuable workshops. The feedback from participants schools to attend State Library learning programs. /01 was excellent and many schools now place the seminar Thank you to the State Library of NSW staff who day on their annual school calendars. have supported the Bus Transport Subsidy through Custodians In 2014 the WordeXpress regional program the Workplace Giving Program and to our Foundation supporters, including Marianna and Tony O’Sullivan. 01 JOHN CHRISTIAN, Building on the work of the State Library’s two great was expanded to include Albury as well as Orange. HIS DAUGHTER AND A total of 103 students and teachers attended these This year the subsidy enabled 282 students from CHARLES BARNES AT benefactors, David Scott Mitchell (1836–1907) and Glenfield, Werrington, St Clair, Chester Hill, Mount A CUSTODIAN EVENT Sir William Dixson (1870–1952), the Custodians full-day workshops in areas that do not have access 10 JUNE 2015 to prominent subject experts and creative artists. Victoria, Tahmoor, Homebush and Dungog to attend PHOTO BY are passionate Library supporters who make the Library’s learning programs. MERINDA CAMPBELL annual contributions to support the essential work Sixty students and teachers from Griffith, Temora, 02 GUILLAUME FAU, CHIEF Gundagai, Wagga Wagga, Corowa, Walla Walla, Jindera This program is transformative for students and HERITAGE CURATOR, undertaken here. Their support enables the Library THE BIBLIOTHÈQUE to build its magnificent collections through new and Barham travelled to Albury for the WordeXpress teachers and assists the Library in addressing equity NATIONALE DE FRANCE, of access with socially inclusive programs for children DEPARTMENT OF acquisitions, to preserve and conserve collection seminar day held at the Scots College Albury on MANUSCRIPTS, Wednesday 12 November. Some enthusiastic students and teachers in Western and South-Western Sydney. DELIVERING THE items and to share the collections through innovative VICTOR HUGO LECTURE free exhibitions. and teachers travelled three and a half hours each way 21 JULY 2014 for this event. Forty-three students from Gulgong, PHOTO BY JOY LAI In 2014–15 a diverse range of material has been 03 AN EVENING WITH acquired thanks to our Custodians, most notably Bathurst, Canobolas, Kelso, Dubbo and Orange GEORGE GITTOES AM travelled to Kinross Wollaroi school on 31 October 22 APRIL 2015 a first edition of the 1628 narrative of Francis PHOTO BY JOY LAI for the WordeXpress seminar day. Drake’s circumnavigation of the Pacific,The World Encompassed by Sir Francis Drake. As one of the /02 great publications of the Age of Discovery, this is an important addition to our collection. Throughout the year we welcome our Custodians to a range of fascinating specialist talks and events. In July Guillaume Fau, Chief Heritage Curator, Head of Modern and Contemporary Manuscripts at the Bibliothèque nationale de France, presented the highlights of the extraordinary collection he oversees. In April the Custodians were given an exclusive preview of the art diaries of George Gittoes AM by the artist, and in June we held a special viewing of recently acquired rare 18th century Spanish charts with Library curators.

STUDENTS AT THE WORDEXPRESS YOUNG WRITERS SHOWCASE 31 JULY 2014 PHOTO BY MERINDA CAMPBELL /03

22 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 23 Bequests Friends An active bequest program is an essential feature The Friends of the State Library play an important of our philanthropic program. It enables supporters and active role in Library life, attending exhibitions to make provision in their wills to support the and events. In April this year the Friends membership State Library and its activities. The Library is program was relaunched. An added incentive to drive fortunate to have a strong bequest program membership growth was a chance to win a trip for supported by the Foundation Office and the two to London and a tour of the British Library Library Circle. Bequests may be in cash or in (sponsored by Virgin Australia). kind (cultural items or property) and may be The major aims of the relaunch were to: conditional or unconditional. • market the current Friends program with Over the past year the Foundation has received a range of improved benefits, including the bequests totalling $227,418. This sum includes newly refurbished Friends Room the Russell bequest endowment of $156,022, the • focus on building growth in membership by Kondelea Elliott bequest of $1088 and the Sybilla increasing recruitment and retention Baer bequest of $15,000. • attract greater revenue. In October 2014 the Russell bequest was granted This year memberships have grown over 20% for 20 years to establish a biennial humour writing to 1700 members including households (over 2400 prize valued at $10,000. We are delighted to be able individual members). The program can report an to fulfil Mr Russell’s wishes and the inaugural prize increase in revenue from $88,000 in 2013–14 to /01 /01 was announced in June. The Nancy Tuck Bequest $127,000 in 2014–15. of $50,000 was also received. Nancy was a Library Each year Friends enjoy a diverse program of Friend, volunteer, donor and a member of our events and activities across the Library including Library Circle group. The Library enthusiastically curator-led exhibition previews. Also very popular celebrated her 100th birthday in September 2014 were exclusive Friends lecture series with Susannah 01 NANCY TUCK but sadly, Nancy passed away in early 2015. Fullerton, The Importance of Being Oscar: The Life PHOTO BY EMMA BJORNDAHL and Works of Oscar Wilde; Elizabeth Ellis AM, 02 PETER WENTWORTH Lives and Times in Early Colonial Sydney; and RUSSELL WITH GODDAUGHTER Paul Brunton AM, ‘As far as I think it possible for RACHEL HILL AND man to go’: James Cook and the Exploration of HER SISTER, SARAH 1980s the Pacific. 03 LIBRARY CIRCLE CHRISTMAS LUNCH 9 DECEMBER 2014 PHOTO BY JANINE THOMPSON

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The Library Circle Many thanks to the supporters who have joined our Library Circle and have demonstrated their

commitment to the importance of preserving 01 FRIENDS RELAUNCH our cultural heritage and investing in our EVENT, 10 APRIL 2015 PHOTO BY JOY LAI educational future. 02 EDITH HONOLD We are most grateful to our benefactors who AND RENATE BELS AT THE FRIENDS have notified their intention to make a bequest CHRISTMAS PARTY 2 DECEMBER 2014 to the Library in their will. This planned giving, PHOTO BY through the Library Circle, allows the Library to EMMA BJORNDAHL 03 JULIE AND STEVE develop strategies for major future initiatives. DUNESKY AND We currently have 22 members in the Library MONIQUE GINGELL AT THE FRIENDS Circle who enjoy exclusive collection viewings CHRISTMAS PARTY and a varied event program that keeps them 2 DECEMBER 2014 PHOTO BY connected to Library activities. EMMA BJORNDAHL /03 /03

24 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 25 EVENTS

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Volunteers We really value our volunteers! They play an important role at the Library and are appreciated for giving so generously of their valuable time. Volunteers bring their rich experience, enthusiasm and knowledge, help us gain new perspectives and forge

links between local communities and our collection. /01 /03 For this financial year, we are pleased to report that 100 volunteers have contributed a total of 11,960 hours to the Library. Our Speaker’s Program, which involves volunteers presenting offsite to community /08 groups, had 2271 participants. There are two main types of volunteer tasks: front-of-house and behind-the-scenes. Front-of- house tasks include a variety of guided tours, speaking to community groups, hosting exhibitions and assisting with events. Behind-the-scenes tasks are varied but include sorting collection material, transcribing original manuscript material and providing administrative support. Volunteers have been recruited as exhibition hosts and to assist with

01 TONY ANTILL, the newly opened Friends Room. /02 /04 /05 /06 JAYNE CHAPMAN, This year 1216 online volunteers have registered DENISE DOMINGO, 01 MAGGIE PATTON, MICHAEL RYLAND, KIM WILLIAMS AM, ANNE MUNRO, to use the Library’s new transcription tool. These BRUCE COOPER AND IAN McGILL VIEWING ITEMS ANNE DAUBNEY, FROM THE LIBRARY’S COLLECTIONS, 19 NOVEMBER 2014 TERRY DAVIS, volunteers transcribe, edit and correct digital material PHOTO BY EMMA BJORNDAHL SANDRA JAMMAL such as diaries, letters, manuscripts and records. PHOTO BY JOY LAI 02 KERRY STOKES AO AND MICHAEL CROUCH AO, RECIPIENTS OF THE DIXSON MEDAL AT THE 02 VOLUNTEERS A highlight this year was the opening of our new LIBRARY COUNCIL HONOURS PRESENTATION ROGER WILLIAMS, Volunteers Room in the heart of the Mitchell Library 15 JUNE 2015, PHOTO BY MERINDA CAMPBELL GARY COOK, PATRICK DODD AND as part of the Mitchell refurbishment. It is a dedicated 03 ROB THOMAS AM, LIBRARY COUNCIL CHRISTMAS PARTY ROSEMARY BLOCK space for our valued volunteers to enjoy while 1 DECEMBER 2014, PHOTO BY MERINDA CAMPBELL PHOTO BY 04 FRIENDS RELAUNCH EVENT, 10 APRIL 2015 MERINDA CAMPBELL working at the Library. PHOTO BY JOY LAI 05 CHRIS MAXWORTHY, SUE HUNT AND MAGGIE PATTON 18TH CENTURY SPANISH SEA CHART EVENT, 10 JUNE 2015 PHOTO BY MERINDA CAMPBELL 06 CHARMIAN WARDEN AND DR ALEX BYRNE VOLUNTEER CHRISTMAS PARTY, DECEMBER 2014 PHOTO BY MERINDA CAMPBELL

26 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 27 FOUNDATION MEMBERS, CUSTODIANS & DONORS

SENIOR FELLOW ALISON STEPHEN RICHARD S JENKINS MEMBER Listing of Foundation Members AKHTAR AZHAR GOLDIE STERNBERG LADY JOEL HEATHER ADAMS JEAN ALLEN ANNE SULLIVAN BEVERLEY JOHNSON JAN AITKIN DR GAE ANDERSON HOWARD TANNER AM & MARY TANNER PAUL JONES HUGH ALLEN WILLIAM R ARNOTT & SIMONE ARNOTT TAYLORS WINES MICHAEL KATZ & FREDERIQUE KATZ TIMOTHY ALLEN JOHN ATKIN & JUDY HADDRICK SUE THOMAS CASSANDRA KELLY ROSEMARY ALLEN CLASSES OF FOUNDATION MEMBERSHIP PHILANTHROPIST MAJOR BENEFACTOR ALLEN BALDICK BRET WALKER SC KEY FOUNDATION THE HON. JUSTICE JAMES ALLSOP AO BRUCE & JOY REID FOUNDATION IAN ANGUS OAM & HANNE ANGUS FIONA BALFOUR NORTON WHITMONT DR WILLIAM LAND JENNY ALLUM MEMBER INDIVIDUAL $500 MICHAEL J CROUCH AO ARROWFIELD DR CHARLES S BARNES & BEV BARNES IAN WHITTON JAMES E LAYT AM DAVID B ANDREWS JEAN GARLING AUSTRALIA–ISRAEL BLACK & WHITE COMMITTEE MARY WHITTON JOSEF LEBOVIC & JEANNE LEBOVIC KEVIN J APTHORPE CHAMBER OF COMMERCE MEMBER ORGANISATION $5,000 JOHN ANTHONY GILBERT AM WILLIAM D BLACKSHAW ANONYMOUS (32) ALAN LEGGE LYNETTE ARCIDIACONO COLES MYER NELSON MEERS FOUNDATION DR KEVIN F BLEASEL AO & ROSEMARY EVE LEITCH CHRISTOPHER ARNOTT OAM DIXSON TRUST FELLOW NESTLÉ AUSTRALIA LTD MARIANNE BLEASEL COLIN LENNOX ASHER JOEL MEDIA GROUP PTY LTD HUGH & PATRICIA DIXSON ROSEMARY & JULIAN BLOCK PROFESSOR CHRISTOPHER ADAM FELLOW INDIVIDUAL $3,000 HELEN MCILRATH DAVID LESNIE EVE BAGNALL NICK ENRIGHT PATTY AKOPIANTZ TAL & DAI-ICHI LIFE DENNIS BLUTH HOWARD J LEWIS DR LESLEY BAKER ESSO AUSTRALIA YVONNE BUCHANAN MAY ALEXANDER TZANNES ASSOCIATES FELLOW ORGANISATION $15,000 ROB THOMAS AM & KYRENIA THOMAS PTY LTD DR PHILIP S LINGARD HELEN BANTERMALIS GORDON DARLING FOUNDATION IAN BURNET VINCENT FAIRFAX FAMILY FOUNDATION EMERITUS PROFESSOR MERYLL M MACARTHUR ANGELA BARKER JOHN HOYLE ANONYMOUS (0) DR ALEX BYRNE DEREK J ANDERSON AM DR JOHN M MACK AM & VANESSA MACK ELAINE BARKER MIMI HURLEY CADRY’S HANDWOVEN RUGS MARK ANDREWS GEORGE MALTBY AO & MARY MALTBY FRANK BARNES SENIOR FELLOW INDIVIDUAL $10,000 LIFE GOVERNOR JAMES HARDIE INDUSTRIES LTD ROBERT G CAMERON AO & FRANCES ASPINALL DR HELEN MARKIEWICZ DR STEPHEN BARRATT THE HON. DAVID LEVINE AO, RFD, QC PAULA S CAMERON NEVILLE & LEILA GOVETT ELSA ATKIN AM ANNA MARKS KAREN BARRETT SENIOR FELLOW ORGANISATION $25,000 MCDONALD’S WILLIAM L CHAPMAN IAN & HELEN MCLACHLAN ARTHUR W AUSTIN THE HON. SIR ANTHONY MASON AC, KBE COLIN J BASKERVILLE DAVID O’HALLORAN WENDY E CLARKE JOHN MEREWETHER & AUSTRALIA POST ROBIN MATHEWS MARCIA BASS TEMPE MEREWETHER OAM PLANET WHEELER FOUNDATION JOHN CLEARY LUCY BANTERMALIS TERRY G MATTHEWS INGRID BEEREN PHILIP SIMPSON & ROBERT J PRITCHARD SHIRLEY COLLESS BENEFACTOR INDIVIDUAL $25,000 JIM BARRETT ANNE MCCORMICK OAM & GEORGE BENNETT CAROLINE SIMPSON OAM QANTAS AIRWAYS RAY & JUNE COOPER PROFESSOR DEREK MCDONNELL KEITH L BENNETT ANONYMOUS (1) READERS DIGEST (AUSTRALIA) PATRICK CORRIGAN AM BENEFACTOR ORGANISATION $50,000 ANTONY BASTEN AO, FAA, FTSE KATHLEEN L MCCREDIE JOHN & JENNIFER BERRYMAN DR DOUGLASS G SEATON DOROTHY CRAIG LIFE BENEFACTOR JOSEPHINE BASTIAN MARGARET MCCREDIE BAIBA BERZINS SYDNEY MECHANICS’ SCHOOL OF ARTS JENNIFER CRIVELLI CATHERINE & MARK BENNETT SIR RON BRIERLEY ANGUS MCINNES PAUL BINSTEAD THE CALEDONIA FOUNDATION SAM & JANET CULLEN KEITH L BENNETT DR STEPHEN MCNAMARA JOHN BLATTMAN MAJOR BENEFACTOR INDIVIDUAL $50,000 ELIZABETH CLARKSON NANCY TUCK MICHAEL S DIAMOND AM, MBE RON BESLICH JAMES O FAIRFAX AO JANE MILLER DAVID & NAOMI BLOCK DR JOHN VALLANCE EMERITUS PROFESSOR BARBARA BIRD MONA ALEXIS FOX BARBARA MOBBS PETER BOBBIN MAJOR BENEFACTOR ORGANISATION $100,000 VEOLIA ENVIRONMENTAL SERVICES DEXTER DUNPHY AM KEN BLOXSOM PENELOPE NELSON JOHN BOLAS SAMUEL B HERRON (AUSTRALIA) PTY LTD HUBERT & DOROTHY-JOY EAST ARTHUR W BRAGG ROSEMARY NEVILLE JOHN DM BRADSHAW JOHN T REID CHARITABLE TRUSTS SIR ARTHUR WELLER CBE & KONDELEA ELLIOTT JILLIAN BROADBENT AO MARION & RAY NICOLSON HELEN BREEKVELDT NEWS CORP AUSTRALIA LADY WELLER SUZANNE FALKINER GOVERNOR BENEFACTOR INDIVIDUAL $100,000 MAXINE BRODIE CAROLE O’BRIEN ANN C BROWN GEOFFREY & RACHEL O’CONOR WESTPAC BANK JANE FULTON & MARK FULTON STEPHANIE CADDIES KIM WILLIAMS AM DR TIMOTHY PASCOE AM & EVA PASCOE KENNETH S BROWN GOVERNOR BENEFACTOR ORGANISATION $250,000 PUBLIC PURPOSE FUND ROBERT & CARY GILLESPIE ALAN J CAMERON AO GWENNETH M PEARSON THE HON. BOB BROWN AM RIO TINTO AND RIO TINTO GERALD WRONKER EDWARD GILLY ABORIGINAL FOUNDATION DR EILEEN CHANIN THE HON MA PEMBROKE SC MALCOLM BROWN ANONYMOUS (5) LAURENCE HALLORAN DR JOHN CHRISTIAN AO & THE BELALBERI FOUNDATION – CATHERINE G PERCY JOAN BRYANT BENEFACTOR JENNIFER HARRIS HELEN CHRISTIAN AM LIFE BENEFACTOR INDIVIDUAL $250,000 P&S CROSSING GW PETTIGREW BETTY BUCHANAN ROBERT HART-JONES DR CHRISTOPHER W CLARKE MILTON & HELEN WHITMONT ACCOR HOTELS AND RESORTS THE HON. DR RODNEY N PURVIS AM, QC ANTHONY BUCKLEY AM DR RONALD HOUGHTON PROFESSOR RICHARD CLOUGH AM LIFE BENEFACTOR ORGANISATION $500,000 ANONYMOUS (2) MAXINE BRENNER BARBARA QUIGLEY ROSLYN BURGE HARRY HOWARD TRUST PHILLIP CORNWELL VICKI BROOKE DOROTHY RAMSAY PATRICK R BURNETT GOVERNOR BENEFACTOR DEREK HEATH & PRUE HEATH DR BRETT COURTENAY COMMONWEALTH BANK GREGORY K BURTON SC SALLY HERMAN PATRICIA GRIMWADE RANKIN ROBERT O ALBERT AO, RFD, RD CSR CLIVE H CRAVEN LIONEL ROBBERDS BN BUTLER LIFE GOVERNOR INDIVIDUAL $500,000 JUDITH NAVENA ANDREWS DR RAY HYSLOP OAM, RFD ALISON CROOK AO NICK CURTIS AM JOHN BYRON JOHN & MYRIAM WYLIE FOUNDATION ROBERT W ROSE DAVID W ANSTICE ROWENA DANZIGER AM & KEN COLES AM RICHARD DINHAM EMERITUS PROFESSOR THE HON. JUSTICE JOE CAMPBELL LIFE GOVERNOR ORGANISATION $1,000,000 MARK & SANDRA JOHNSON HUGH & FRANCES DIXSON THE HON. FRANCA ARENA AM SARAH DINGWELL STEVEN SCHWARTZ AM ROSEMARY CARRICK MARGARET A JONES CLARE H DOCKER ASHURST AUSTRALIA DR ZENY EDWARDS MARIAN SEVILLE MARK CARUANA IPHYGENIA KALLINIKOS & SIBILLA BAER GILBERT & TOBIN LAWYERS JIM DOMINGUEZ CBE, AM THE LATE DESPINA KALLINIKOS DR JEFFREY A SIEGEL JOSEPH CATANZARITI JK BAIN AM & JANETTE BAIN DR MAURINE GOLDSTON-MORRIS OAM JOHN DOYLE AM & RUTH DOYLE PHILANTHROPIST INDIVIDUAL $1,000,000+ CHRISTINA KENNEDY PATRICIA SMITH KATE CATO MURRAY DOYLE DR GEOFFREY CAINS & SARAH CAINS DAVID GREATOREX AO & GILLES T KRYGER DAVID STAPLES FREDERICK CHILTON DEIRDRE GREATOREX JOHN DUNLOP PHILANTHROPIST ORGANISATION $1,500,000+ JOHN B FAIRFAX AO NATHALIE KULAKOWSKI EVE STENNING MARILYN CHRISTIANSEN FRANCIS M HOOPER JAYATI DUTTA NEIL GLASSER MVO & NINA GLASSER LEEN HELMINK ANTIQUE MAPS ANNE SULLIVAN JILL E CHOULKES ASSOCIATE PROFESSOR JEAN EDGECOMBE OAM GRAHAM & CHARLENE BRADLEY DR ELIZABETH CLARK BEVERLEY KINGSTON PROFESSOR GWYNNYTH LLEWELLYN WILLIAM P SWEENEY FOUNDATION JOHN ELDERSHAW PAUL MCCLINTOCK AO ANTHONY TARLETON SS CLARK LADY LOEWENTHAL PETER J EVANS DR AM HERTZBERG AO PROFESSOR JOHN CLEVERLEY THE HON. JUSTICE ROBERT MCDOUGALL ROSLYN G MCDONALD LUGER MARK R TARMO HISTORY CHANNEL DAVID G FAIRLIE JAMES S MILLNER AM MILDRED TEITLER CLIVE LUCAS STAPLETON & PARTNERS MCLEAN FOUNDATION CAPTAIN JOHN FAULKNER AM & BELINDA HUTCHINSON AM & THE MORDANT FAMILY CAROLINE & NICK MINOGUE SANDRA FAULKNER DR JEANETTE THIRLWELL TULLIO COFRANCESCO ROGER MASSY-GREENE NETWORKS NSW JIM & AVERILL MINTO ELIZABETH FLETCHER THE COX GROUP PAM CONNOR MARGARET MARY JONES ALICE ARNOTT OPPEN OAM NEIL MOORE BRIAN FRANCE AM & PHILIPPA FRANCE IAN THOM & VALERIE THOM DR WARWICK COOMBES JOHN LAMBLE FOUNDATION REBEL PENFOLD-RUSSELL OAM ALLAN & IRENE MOSS MARION FREIDMAN TRUST COMPANY OF AUSTRALIA LIMITED DINA & KEVIN COPPEL MACQUARIE GROUP FOUNDATION RUTH ROBERTSON DR KENNETH NEALE & HELEN NEALE PROFESSOR GL GILBERT CHRISTOPHER VASSALL ANNIE CORLETT & BRUCE CORLETT AM THE MAPLE-BROWN FAMILY BP NOLAN RICHARD WARBURTON AO, LVO & KAY COX CHARITABLE FOUNDATION ROBMAR INVESTMENTS DAVID M GONSKI AC SUE WARBURTON MARIANNA O’SULLIVAN & DEBBY CRAMER MORAN HEALTH CARE GROUP PTY LTD PROFESSOR EMERITA JILL ROE AO JEFFREY A GOSS SHEILA WARBY ELIZABETH SALKELD TONY O’SULLIVAN GEOFFREY R GRAHAM DR PETER CRASWELL NOBLE RESOURCES INTERNATIONAL THE HON. JUSTICE MAHLA PEARLMAN AO EMERITUS PROFESSOR PETER L CROZIER AUSTRALIA PTY LTD JOHN L SHARPE BEATRICE GRAY EMERITUS PROFESSOR ROS PESMAN AM ELIZABETH WEBBY AM CHARLES CURRAN AC & E CURRAN PETER WENTWORTH RUSSELL ST BARBARA LIMITED PETER GRAY ANGUS WHITE MEG STEWART DEBRA PINKERTON DAVID GREEN RICHARD JW D’APICE AM THE RODNEY & JUDITH O’NEIL DR JUDY WHITE AM PRIVACY & PERSONAL INFORMATION PROTECTION ACT 1998 FOUNDATION MARY STRETTLES SANDRA PLOWMAN THE HON. IAN V GZELL QC ROWAN DARKE ADRIAN & PHILIPPA POOLE JOHN B WHITTLE REBECCA DAVIES IN COMPLIANCE WITH THE NEW SOUTH WALES PRIVACY AND PERSONAL INFORMATION THE ROUSSEL FAMILY — CAROLE, SUMITOMO MITSUI BANKING PROFESSOR DJ HANDELSMAN KEN W WILDER OAM PROTECTION ACT 1998 ONLY THOSE MEMBERS, DONORS AND SUPPORTERS WHO HAVE PHILIPPE, MARINA, CLAUDIA & CHLOE CORPORATION BRENT POTTS THE HON. JUSTICE KR HANDLEY AO & DAVID & CLARE DAVIS DR DIANNE E WILEY GIVEN THEIR CONSENT TO HAVE THEIR NAME PUBLISHED IN STATE LIBRARY OF NEW HAROLD SCHULTZ ROSALINE TAM TC POWELL DM HANDLEY DR RICHARD O DAY SOUTH WALES PUBLICATIONS ARE LISTED. MEMBERS, DONORS AND SUPPORTERS CAROLINE WILKINSON PENELOPE SEIDLER AM & PETER TYLER JOHN B REID AO IAN HARPER AM & ROSEMARY HARPER DR MARIE M DE LEPERVANCHE WHO HAVE NOT GIVEN THEIR CONSENT, WHO HAVE NOT YET RESPONDED TO THE DR DERRICK F WOODHOUSE LIBRARY’S PRIVACY CONSENT REQUEST OR WHO WISH TO REMAIN ANONYMOUS ARE HARRY SEIDLER AC, OBE MICHAEL & VASHTI WATERHOUSE DR CATHERINE ROGERS DR VALERIE HAVYATT VALMAI DE TORRES COUNTED AS ‘ANONYMOUS’. DAVID & TRICIA SHERBON ROBERT J WHITE AO EJG RUSSELL HENRY PARKES FOUNDATION DR BARRY G WREN AM DR JENNIFER DEW WE THANK AND ACKNOWLEDGE THE GENEROUS SUPPORT OF ALL OUR FOUNDATION THYNE REID FOUNDATION JAMES WOLFENSOHN AO IAN & MAISY STAPLETON MARY HOLT ELAINE J ZINKHAN ANNE DORAN MEMBERS AND DONORS. ANONYMOUS (3) ANONYMOUS (7) MARY STENING BRUCE HUDSON ANONYMOUS (94) MARION F DOWD

28 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 29 DR ANDREW DOWE MARJORY R MACDONALD PAULINE TYRRELL HOWARD J LEWIS MARION FREIDMAN CUSTODIAN MEMBER NATHALIE KULAKOWSKI THE HON. JUSTICE RICHARD F EDMONDS KEN MARKS UBS PROFESSOR GWYNNYTH LLEWELLYN Custodian Program PROFESSOR GL GILBERT BRIAN ABBOTT RICHARD LAGANZA DR ANNE EGGINS MARGARET J MASHFORD JAN L VECCHIO THE HON. SIR ANTHONY MASON AC, KBE ($190 – $5000 PER ANNUM) JEFFERY GOSS HEATHER ADAMS DR PAUL P LAIRD MARIA L EVANS PETER MASON AM & C MASON THE HON. TOM WADDELL & IAN MCLACHLAN DR VALERIE HAVYATT JAN AITKIN MILTON LALAS THEA WADDELL MARGARET EVANS JOHN MASTERS PAUL MCCLINTOCK AO CUSTODIAN PRESIDENT DEREK HEATH & PRUE HEATH ROSEMARY ALLEN DR WILLIAM LAND MICHAEL EYERS AM CHRIS MAXWORTHY JOHN S WALTON AM SAMANTHA MEERS JUDITH ANDREWS ROBERT G CAMERON AO & BRUCE HUDSON DR JOHN LAWRENCE KEVIN T FENNELL PSM DR IAN D MCCROSSIN PROFESSOR PETER WEBBER LYNETTE ARCIDIACONO CAROLINE & NICK MINOGUE PAULA S CAMERON BEVERLEY JOHNSON RICHARD LEGG LYN FERGUSSON ROSEMARY MCCULLOUGH DR JANET E WEST JIM & AVERILL MINTO MARLENE ARDITTO JENNIFER CRIVELLI RICHARD KING VALERIE LHUEDE AM GABRIELLE MCDONAGH CHRIS WETHERALL ANNE C BARING DR JILL M FORREST AM MR ALLAN MOSS ROB & CARY GILLESPIE GILLES T KRYGER MIRJANA BELL ANGELA LIND JENNIFER J FORSTER JOHN & HELEN MCDONAGH DR ROBERT B WILLIAMS MORDANT FAMILY THE HON. DAVID LEVINE AO, RFD, QC JAMES E LAYT AM BARBARA BIRD HILARIE LINDSAY GEORGE FOSTER DR ROBIN C MCLACHLAN DR RICHARD WING SHIRLEY MORRIS ELIZABETH SALKELD ROSEMARY EVE LEITCH SUSAN & STEPHEN WOLKOWICZ CHRISTINE BISHOP ANNE LIPSON ALLAN WJ FOWLER T MCMURRAY ALLAN & IRENE MOSS DR PHILIP S LINGARD JILL WRAN AM ROB THOMAS AM & KYRENIA THOMAS WILLIAM BLINCO ROBIN MATHEWS CHRISTINE FRASER SD MCNAMARA DR ANN MOYAL AM JOHN DM BRADSHAW NEIL E WYKES OAM KIM WILLIAMS AM KATHLEEN L MCCREDIE ANNE MACDONALD JEANETTE FRENCH STEPHEN MENZIES MULOCK FAMILY ROBERT J WHITE AO DR STEPHEN G MCNAMARA ARTHUR W BRAGG EC MEREWETHER DR DIANA WYNDHAM MARGARET MCCREDIE EMLYN NORMAN GARLAND NELSON MEERS FOUNDATION MAXINE BRODIE JOHN WYNDHAM ANONYMOUS (1) ANNA MARKS DR IAN D MCCROSSIN PROFESSOR JOHN GASCOIGNE PETER MEURER GEOFFREY & RACHEL O’CONOR ANN C BROWN JULIE YOUNG BARBARA MOBBS DAVID GAUNT MARY MILES DAVID O’HALLORAN THE HON. BOB BROWN AM ROSEMARY MCCULLOUGH ANONYMOUS (239) CUSTODIAN COMMANDER PENELOPE NELSON JOHN GILMOUR AM MILLIE MILLS RODNEY & JUDITH O’NEIL MALCOLM C BROWN LOIS MCCUTCHAN ROBERT ALBERT AO, RFD, RD GWENNETH M PEARSON DR ALLAN R GLANVILLE BARBARA MILLONS COLLEEN O’SULLIVAN JOAN BRYANT GABRIELLE MCDONAGH THE MITCHELL CAMPAIGN DR GAE M ANDERSON CATHERINE G PERCY LIBBY GLEESON DR ANN MOYAL AM STAGE 1 ELIZABETH PALMER BETTY BUCHANAN DUNCAN MCKAY DR CHARLES S BARNES GW PETTIGREW AD GLOVER MULOCK FAMILY (DONATIONS OVER $1000) PETER POLAND OAM ANTHONY BUCKLEY AM DR ROBIN C MCLACHLAN DR JILL GORDON PEGGY MUNTZ DR ALEX BYRNE LIONEL ROBBERDS DAVID BURKE PROFESSOR CHRISTOPHER ADAM POTTINGER STEPHEN D MCNAMARA VANDA R GOULD DR GORDON MYALL DOROTHY CRAIG CHRISTINE ROBERTSON PATRICK R BURNETT JEAN ALLEN BRENT POTTS ROBIN MATHEWS GEOFFREY J GRAHAM HAL MYERS JENNIFER HARRIS PROFESSOR JEFFREY A SIEGEL LOUISE BURNEY JENNY ALLUM WILLIAM ROBINSON JACK MITCHELL DR FRANCIS H BURNS OAM KEVIN GRANT PATRICIA J NARGAR DR CATHERINE ROGERS FRANCIS HOOPER DR MARJORIE SUTCLIFFE DAVID B ANDREWS GREGORY K BURTON SC GLENDA MURRAY HAROLD GRAYCAR PAULINE NEWELL JOSEPH ROONEY DR RONALD HOUGHTON WILLIAM P SWEENEY DAVID W ANSTICE JUSTICE JOE CAMPBELL PATRICIA NARGAR DR JOHN GREENAWAY AM GRAHAM NOCK OBE IPHYGENIA KALLINIKOS & DAVID THOMAS WILLIAM R ARNOTT & SIMONE ARNOTT ELANA RUBIN ROSEMARY CARRICK PAULINE NEWELL THE HON. NICK GREINER AC ALEXANDER F NORWICK WILLIAM & JULIA RUTLEDGE THE LATE DESPINA KALLINIKOS DR DIANNE E WILEY JOHN ATKIN & JUDY HADDRICK CHRISTINE CARRINGTON ALEXANDER F NORWICK PAULINE M GRIFFIN AM THE HON. JUSTICE NSW CRICKET ASSOCIATION AKHTAR AZHAR MICHAEL RYLAND ANONYMOUS (21) VERONICA CHIU CAROLE O’BRIEN WENDY GWYN ROBERT C MCDOUGALL DR LISA O’BRIEN SIBILLA BAER EMERITUS PROFESSOR S STUART CLARK GRAEME HAIGH SANDRA PLOWMAN CUSTODIAN GUARDIAN CLARICE O’GORMAN O’CONNELL STREET ASSOCIATES PTY LTD JIM BAIN AM & JANETTE BAIN STEVEN SCHWARTZ AM WENDY E CLARKE TW HAINES AO, LLB TC POWELL VALERIE P PACKER ALEXANDRA OLIVER FIONA & JAMES BALFOUR ANTHONY SHEPHERD AO PROFESSOR CHRIS ADAM PROFESSOR JOHN CLEVERLEY PROFESSOR JOHN HAM JOHN L SHARPE ALICE PARSONS ILSE O’REILLY ELAINE & DAVID BARKER RUTH SINCLAIR PETER G BAILEY PAMELA CLIFFORD ETTA G HAMILTON JILL PATON COLLEEN O’SULLIVAN INGRID BEEREN ALISON STEPHEN ROSALINE TAM DR BARBARA BALLANTYNE TULLIO COFRANCESCO DR GAYE HART AM DR WARWICK COOMBES THE HON. MA PEMBROKE SC VALERIE P PACKER CATHERINE & MARK BENNETT ANNE SULLIVAN MILDRED TEITLER PROFESSOR TONY BASTEN AO, FAA, FTSE JEAN HART ROSEMARY CORK BEN PALMER GEORGE BENNETT JACK SULLIVAN CAROLINE WILKINSON KEN BLOXSOM EMERITUS PROFESSOR ROS PESMAN AM VICTORIA A HARTSTEIN KAY COX ELIZABETH PALMER WILLIAM D BLACKSHAW IAN STAPLETON & MAISY STAPLETON ANONYMOUS (1) ROSLYN BURGE HELEN POTTIE ALEXA HASLINGDEN DEBBY CRAMER JANETTE PARKINSON & DAVID & NAOMI BLOCK TAL LIMITED STEPHANIE R CADDIES LORRAINE POUNTNEY DAVID NH HASSALL ROY FERNANDEZ AO PETER L CROZIER GRAHAM & CHARLENE BRADLEY HOWARD TANNER AM & MARY TANNER CUSTODIAN PRINCIPAL PROFESSOR RICHARD CLOUGH AM ROBERT PRYKE GEP HENCHMAN JILL PATON ROWAN DARKE FOUNDATION MILDRED TEITLER HUGH ALLEN THE HON. DR RODNEY N PURVIS AM, QC SHIRLEY COLLESS REBECCA DAVIES SINCLAIR HILL AM, OBE & WENDY HILL JANINE PATTISON HELEN BREEKVELDT THE ABBOTT FOUNDATION MARK E ANDREWS JOHN D CORNEY BARBARA QUIGLEY DOUGLAS PEACOCKE DR MARIE M DE LEPERVANCHE MICHAEL J HINSHAW JILLIAN BROADBENT AO FRED THOMAS DR KEVIN F BLEASEL AO DR BRETT COURTENAY VALMAI DE TORRES DR CON S REED OAM DR ROSITA HOLENBERGH-GIBSON ROBERT PRYKE IAN BURNET ROB THOMAS AM DENNIS BLUTH CLIVE H CRAVEN RICHARD DINHAM PAMELA REGAN BRYAN HOLLIDAY EVA E PURNELL MR ROBERT G CAMERON AO & ANDREW TINK AM WILLIAM L CHAPMAN DR RICHARD O DAY CLARE DOCKER JEANNE ROCKEY MICHEL REYMOND ROBYN HOLT MRS PAULA S CAMERON DR JOHN VALLANCE DR JOHN CHRISTIAN AO & DR HUGH DIXSON ANNE DORAN JOSEPH ROONEY JEANNE ROCKEY JOHN A HOOKE WILLIAM L CHAPMAN VICKI VIVIAN JOHN DOYLE AM & RUTH DOYLE HELEN CHRISTIAN AM DR ANDREW DOWE ANDREW L HORSLEY JULIE ROSENBERG ANNIE CORLETT & BRUCE CORLETT AM MARK ROUFEIL RICHARD WARBURTON AO, LVO & DINA & KEVIN COPPEL MURRAY DOYLE JOHN A DUNLOP JOHN ROWNES DIANA HOWLETT DAVID E ROUTLEY PATRICK CORRIGAN AM SUE WARBURTON DAVID EPSTEIN PHILLIP CORNWELL MICHAEL EYERS AM RICHARD HUMPHRY ELANA RUBIN DR PETER CRASWELL MR MICHAEL H WATERHOUSE & DAVID G FAIRLIE JAMIE SCHONELL MICHAEL S DIAMOND AM, MBE DAVID & JUDITH HUNT WILLIAM & JULIA RUTLEDGE JENNIFER CRIVELLI MRS VASHTI WATERHOUSE ROBIN FERRIS KEVIN FENNELL PSM PETER SCHWEITZER EMERITUS PROFESSOR MALCOLM IRVING ALAN RYDGE ALISON CROOK AO ROBERT J WHITE AO SUZANNE FITZHARDINGE LAURIE FERGUSON MP WENDY B SELMAN DEXTER DUNPHY AM THE INSTITUTION OF SURVEYORS NSW MICHAEL RYLAND PETER CROSSING & SALLY CROSSING AM IAN WHITTON ATTILA FLINK JENNIFER J FORSTER ELIZABETH SHEARD SUZANNE FALKINER (SENIORS GROUP) ALEK SAFARIAN ROWENA DANZINGER AM & CAROLINE WILKINSON ASSOCIATE PROFESSOR ALLAN W FOWLER JOHN SHORTLAND IM JACKMAN SC KEN COLES AM BRIAN FRANCE AM & PHILIPPA FRANCE HAMISH J FOSTER DR RACHEL FRANKS MARGARET SCHONELL SUSAN WOLKOWICZ & FLETCHER SIMPKINS KIM JACOBS JIM T DOMINGUEZ CBE, AM STEPHEN WOLKOWICZ DR RAY HYSLOP OAM, RFD LOUIS-MANUEL GARCIA JUDITH FULLER BASIL SELLERS AM JOHN SNEEDER ANITA JACOBY WENDY B SELMAN MARION F DOWD KIM WILLIAMS AM LADY LOEWENTHAL GEOFFREY R GRAHAM JOHN GILMOUR AM BEVERLEY STANTON PROFESSOR BARBARA GILLAM MILDRED V JENKINS RON SHEEN PROFESSOR DEXTER DUNPHY AM DR ELAINE ZINKHAN CAROLINE & NICK MINOGUE JANET GRANT JOHN GILMORE AM EMERITUS PROFESSOR ROSS STEELE AM KEITH JOHNSON AM MARGARET SHEPPARD DR ANNE EGGINS ANONYMOUS (19) DR KENNETH NEALE & HELEN NEALE PROFESSOR DJ HANDELSMAN JOHN GISSING RICHARD J STEVENS DR ROBERT JOHNSTON RUTH SINCLAIR MISS MARGARET EVANS DEBRA PINKERTON JP NORMA HARDY THE MITCHELL CAMPAIGN ALLAN R GLANVILLE CORAL STEWART JUNE JONES JOHN SNEEDER LYN FERGUSSON DAVID E ROUTLEY RICHARD S JENKINS STAGE 2 JULIANNA GLUCK CHRISTOPHER SUNDSTROM PETER JOSEPH AM & NETTIE JOSEPH DEBORAH SOUTHON DON FINDLATER EMERITUS PROFESSOR DR ROBERT JOHNSTON MICHAEL J CROUCH AO ERHARD GOHL PETER KADAR JANE FULTON & MARK FULTON STEVEN SCHWARTZ AM WENDY SWINBURN BEVERLEY STANTON PAUL JONES GEOFFREY J GRAHAM CAPTAIN MICHAEL KAMINSKI RAN (RETD) ROGER GARRETT ANTHONY TARLETON SUSAN STEEDMAN IAN & MAISY STAPLETON JOHN KEIGHTLEY PAULINE M GRIFFIN AM DR JANET GEORGE MARK R TARMO ANGELA KEEL BEVERLY STEGGLES The Library Circle ALISON STEPHEN ANNETTE LARKIN PETER HALES NARELLE A KENNEDY RICHARD J STEVENS THE GREATOREX FOUNDATION IAN THOM & VALERIE THOM REVEREND GRAEME LAWRENCE OAM PROFESSOR JOHN HAM RUSSELL TAYLOR DR JOHN W KENNY THE HON. NICK GREINER AC JEAN ALLEN JOY STORIE MILTON WHITMONT ALAN LEGGE MARGARET HANNES JEANETTE R THIRLWELL DOROTHY KEYWORTH ANTHONY GREY DR GAE ANDERSON JACK SULLIVAN ANONYMOUS (3) COLIN LENNOX JUDITH HAROLD DR MABEL TINDAL DR RUSSELL KIFT PETER HALES KEN BLOXSOM LYNFAE HARRIS CHRISTOPHER SUNDSTROM MERYLL M MACARTHUR PAULINE TYRRELL JEFFREY F KILDEA THE HENRY PARKES FOUNDATION HELEN BREEKVELDT DR GAYE HART AM DR LORELLE SWAN CUSTODIAN LEADER ANGUS MCINNES JOHN VALE GEOFFREY M KING AM WENDY SWINBURN SALLY HERMAN PAM CONNOR JEAN HART EMERITUS PROFESSOR DR JOHN M MACK AM & VANESSA MACK JAN VECCHIO RICHARD KING DR AM HERTZBERG AO DR ANNE EGGINS SINCLAIR HILL AM, OBE & WENDY HILL SYDNEY CRICKET & SPORTS GROUND DEREK J ANDERSON AM WENDY WALKER THE HON. SIR ANTHONY MASON AC, KBE MICHAEL HINSHAW RICHARD LAGANZA TRUST DR RONALD HOUGHTON MARILYN ENDLEIN WILLIAM ARNOTT CHRIS MAXWORTHY JANE WALLACE PAULINE M GRIFFIN AM DR ROSITA HOLENBERGH-GIBSON DR PAUL P LAIRD SYDNEY GRAMMAR SCHOOL MICHAEL HOY ELSA ATKIN AM JANE MILLER SHEILA WARBY MILTON LALAS EDWARD F THOMAS RICHARD HUMPHRY AO & ROSE HUMPHRY KEVIN W HEWITT MARY HOLT ARTHUR W AUSTIN ROSEMARY NEVILLE ANDREW L HORSLEY EMERITUS PROFESSOR EUGENIA LANGLEY DAVID THOMAS BELINDA HUTCHINSON AM DAVID JACKSON JOSEPHINE BASTIAN GEORGINA M HORTON ELIZABETH WEBBY AM DR PD LARK FRED THOMAS MALCOLM IRVING DR RUTH KERR OAM PATRICIA GRIMWADE RANKIN RON BESLICH MAREE HUPALO DR JANET WEST LEEN HELMINK ANTIQUE MAPS MARK A THOMAS KIM JACOBS & ANDREW COHEN RICHARD F LAGANZA GREG REILLY ALAN J CAMERON AO IAN JACKMAN ROMANY WHITE RICHARD LEGG DR MABEL TINDAL JOHN & MYRIAM WYLIE FOUNDATION HOWARD J LEWIS BOB ROSE DR EILEEN CHANIN MILDRED V JENKINS VALERIE LHUEDE AM ANDREW TINK AM MARK & SANDRA JOHNSON IAN MCLACHLAN MARGARET SCHONELL REGINALD WHITELEY EVELYN JUERS JILL E CHOULKES ANTHONY H SLATER MARY WHITTON CHRISTINE LIDDY AO SUSAN TOMPKINS PETER JOSEPH AM AND NETTIE JOSEPH DAVID STAPLES MICHAEL KAMINSKI RAN (RETD) DR CHRISTOPHER W CLARKE PROFESSOR BARRY G WREN AM ANNE LIPSON PAUL TRACEY MR PETER KADAR JOY STORIE PATRICIA M SMITH NARELLE KENNEDY JAYATI DUTTA WAYNE L LITTLE DIANA VH TREATT DR RUTH S KERR OAM DR DIANA WYNDHAM DR JUDY WHITE AM, PHD DR JOHN W KENNY DR DONALD WRIGHT CAROLYN LOWRY OAM SALLY TREEBY LEEN HELMINK ANTIQUE MAPS JOHN WYNDHAM JOHN ELDERSHAW CHRISTOPHER WOKES DOROTHY KEYWORTH JOHN WRIGLEY OAM & JULIE WRIGLEY ANNE MACDONALD ELEONORA TRIGUBOFF DAVID LEVINE AO, RFD, QC ANONYMOUS (2) PETER J EVANS ANONYMOUS (22) FRANCOIS KUNC ANONYMOUS (77)

30 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 31 Trustees’ report & financial statements as at 30 June 2015 INDEPENDENT AUDITOR'S REPORT

State Library of New South Wales Foundation

To Members of the New South Wales Parliament

Report on the Financial Statements

I have audited the accompanying finahcial statements of State Library of New South Wales Foundation (the Foundation), which comprise the statement of financial position as at 30 June 2015, the statement of comprehensive income, statement of changes in equity and statement of cash flows , for the year then ended, notes comprising a summary of signlficant accounting policies and other explanatory information, and the Trustees' declaration.

Opinion

In my opinion, the financial statements: • give a true arid fair view of the financial position of the Foundation as at 30 June 2015. and Its financial performance and its cash flows for the year then ended in accordance with Australian Accounting Standards • are in accordance with section 41 B of the Public Finance and Audit Act 1983 (PF&A Act) and the Public Finance and Audit Regulation 201 O are ln accordance with the Charitable Fundraising Act 1991 (CF Act) and the Charitable Fundraising Regulation 2008 (CF Regulation), including showing a true and fair view of the Foundation's financial result of fundraising appeals for the year ended 30 June 2015 • have been prepared in accordance wlth Division 60 of the Australian Charities and Not-for-profits Commission Act 2012 including complying with DivTsion 60 of the Australian Charities and Not-for-profits Commission Regulation 2013.

My opinion should be read in conjunction with the rest of this report on the financial statements.

The Trustees' Responsibility for the Financial Statements

The Trustees are responsible for preparing f1nancial statements that give a true and fair view in accordance with Australian Accounting St-andards, the PF&A Act, the CF Act and the Australian Charities and Not-for-profits Commission Act 2012, and for such internal control as the Trustees determine are necessary to enable the preparation of financial statements that give a true and fair view and are free from material misstatement. whether due to fraud or error_

Auditor's Responsibility

My responsibility is to express an opinion on the financial statements based on my audit. I conducted my audit in accordance with Australian Auditing Standards. Those standards require that I comply with relevant ethical requirements relatlng to audit engagements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

L.e11el15, 1 Margaret Street, Sydney NSW 2000 I GPO Box 12, Sydney NSW2001 I 102 9275 7101 I f 02 9'275 7179 I ernail@audrt,r,sv;.gov.au I audilnsw.gov;all

STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 35 An audit involves performing procedures to obtain audit evidence about the amounts and disclosures Auditor's Responsibility in the financial statements. The procedures selected depend on the auditor's judgement, including an assessment of the risks of material misstatement of the financial statements, whether due to fraud or My responsibility is to express an opinion on the matters specified at sections 24 (2)(b), 24 (2)(c), error. In making those risk assessments, the auditor considers internal control relevant to the entity's and 24 (2)(d) of the CF Act I conducted my audit in accordance with applicable Australian Auditing preparation of the financial statements that give a true and fair view in order to design audit Standards and Standards on Assurance Engagements (ASAE 3100 'Compliance Engagements') to procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion obtain reasonable assurance whether the Foundation has, in all material respects, complied with

on the effectiveness of the entity's internal control. An audit also includes evaluating the specific requirements of the CF Act and CF Regulation 1 and whether there are reasonable grounds to appropriateness of accounting policies used and the reasonableness of accounting estimates made by believe the Foundation will be able to pay its debts as and when they fall due over the 12 month management, as well as evaluating the overall presentation of the financial statements. period from the date of this independent auditor's report (future debts).

I believe the audit evidence I have obtained is sufficient and appropriate to provide a basis for my This audit involved performing procedures to obtain audit evidence about the Foundation's compliance audit opinion . with the CF Act and CF Regulation and its ability to pay future debts. The procedures selected depend on the auditor's judgement, including an assessment of the risks of material breaches of compliance My opinion does not provide assurance: and inability to pay future debts. In making those risk assessments, the auditor considers relevant internal control in order to design audit procedures that are appropriate in the circumstances, but not about the future viability of the Foundation for the purpose of expressing an opinion on the effectiveness of the Foundation's internai control. that it carried out its activities effectively, efficiently and economically about the effectiveness of the internal control My procedures included obtaining an understanding of the internal control structure for fundraising • that the Foundation has complied with requirements of the CF Act and CF Regulation other than appeal activities and examination, on a test basis, of evidence supporting the Foundation's those specified compliance with specific requirements of the CF Act and CF Regulation, and assessing the reasonableness and appropriateness of the members of the Trustees' assessment regarding the about the security and controls over the electronic publication of the audited financial Foundation's ability to pay future debts. statements on any website where they may be presented about other information that may have been hyperlinked to/from the financial statements. I believe the audit evidence I have obtained is sufficient and appropriate to provide a basis for my audit opinion. Report on other aspects of the Charitable Fundraising Act 1991 Inherent Limitations In addition, I have audited the Foundation's operations in order to express an opinion on the matters specified at sections 24(2)(b), 24(2)(c) and 24(2)(d) of the CF Act for the year ended 30 June 2015, Because of inherent limitations of any compliance procedure, it is possible fraud, error or non-compliance with the CF Act may occur and not be detected. My procedures have not been Opinion performed continuously throughout the period, were not designed to detect all instances of non-compliance, and have not covered all requirements of the CF Act and CF Regulation. In my opinion: Any projection of the evaluation of compliance with the CF Act to fUture periods is subject to the risk the Foundation has properly kept the accounts and associated records during the year ended that the procedures may become inadequate because of changes in conditions, or that the degree of 30 June 2015 in accordance with the CF Act and CF Regulation (section 24(2)(b) of the CF Act) compliance with them may deteriorate. the Foundation has, in all material respects, properly accounted for and applied money received as a result of fundraising appeals conducted during the year ended 30 June 2015 in accordance Whilst evidence is available to support the Foundation's ability to pay future debts, such evidence is with the CF Act and the CF Regulation (section 24(2)(c) of the CF Act) future orientated and speculative in nature. As a consequence, actual results are likely to be different there are reasonable grounds to believe that the Foundation will be able to pay its debts as and from the information on which the opinion is based, since anticipated events frequently do not occur as when they fall due over the 12 month period from the date of this report (section 24(2)(d) of expected or assumed and the variations between the prospective opinion and the actual outcome may the CF Act). be significant

My opinion should be read in conjunction with the rest of this report, including the inherent limitations.

The Trustees' Responsibility uhder the Charitable Fundraising Act 1991

The Trustees are responsible for complying with the requirements and conditions of the CF Act and CF Regulation. This responsibility includes establishing and maintaining internal control over the conduct of all fundraising appeals; ensuring all assets obtained during, or as a result of, a fundraising appeal are safeguarded and properly accounted for; and maintaining proper books of account and records.

The Trustees are also responsible for ensuring the Foundation will be able to pay its debts as and when they fall due.

36 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 37 BOARD REPORT

FOR THE YEAR STATEENDED LIBRARY 30 OFJUNE NEW SOUTH2015 WALES FOUNDATION

BOARD REPORT FOR THE YEAR ENDED 30 JUNE 2015

The Board presents its report together with the financial statements of the State Library of New South Wales Foundation (the Foundation) for the year ended 30 June 2015.

The State Library of New South Wales Foundation is managed by the State Library and governed by a Board established under the Constitution with the Trust safeguarded by Trustees.

It is a controlled entity of the Library Council of NSW as a not for profit organisation with its accounts consolidated as part of the NSW Total State Sector Accounts. Its governance and financial affairs are conducted within the context of the NSW Public Sector and as such in accordance with requirements of the Public Finance and Audit Act, 1983 and Regulation, Treasurers Circulars and Directions. It is covered for insurance through the Treasury Managed Fund Scheme; administered by the NSW Self Insurance Corporation.

The Board members at any time during the financial year are listed below:

 Patty Akopiantz  John Atkin  Graham Bradley AM  Dr Alex Byrne  Dina Coppel  Peter Crossing  Samantha Meers  Tony O'Sullivan  Steven Schwartz AM  Robert Thomas AM  Dr John Vallance  Kim Williams AM

The Trustees at any time during the financial year are listed below.

 Susan Doyle  Maxine Brenner  Robert Thomas AM  Dr John Vallance

38 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 39 BOARD REPORT BOARD REPORT

FOR THE YEAR ENDED 30 JUNE 2015 FOR THE YEAR STATEENDED LIBRARY 30 OFJUNE NEW SOUTH 2015 WALES FOUNDATION STATE LIBRARY OF NEW SOUTH WALES FOUNDATION BOARD REPORT BOARD REPORT FOR THE YEAR ENDED 30 JUNE 2015 FOR THE YEAR ENDED 30 JUNE 2015

Objects Review and result of operations (continued) The Constitution dated 26 June 1989 established the State Library of New South Wales Foundation as a Charitable Trust which is held by the Trustees and has c. grow mutually beneficial partnerships and membership programs. objects set out in clause 10: d. administer prestigious fellowships and awards on behalf of the Library. (a) generally to assist the Library to gain, maintain, improve and develop its collection of literary and historical treasures, library artifacts and materials now held or hereafter to be held by the Library. Significant changes in the state of affairs (b) to attract and retain for the Library the continuing interest and financial support of the community at large. There were no significant changes in the state of affairs of the Foundation during the year. (c) to attract and encourage donations, gifts, bequests, endowments, trust and other forms of financial assistance to or for the benefit of the Library. Environmental regulation (d) to raise finance for the acquisition and preservation of objects of historic educational and/or social interest, collections and artifacts, works of art of The Foundation’s operations are not subject to any environmental regulation. The importance and which would be obtained and/or maintained by the Library Foundation's operations do not impact the environment in any significant manner. within the terms of its charter. Events subsequent to balance date (e) to do all such things as are incidental or conducive to the attainment of the above objects or any or them or to the preservation, development and Since 30 June 2015 there has not arisen, in the interval between the end of the improvement of the Library’s collections facilities and operations. period and the date of this report, any item transaction or event of a material nature likely, in the opinion of the Board, to affect significantly the operations of the Review and result of operations Foundation, the results of those operations, or the state of affairs of the Foundation, in subsequent periods. Total income for the period was $4,348,000 (2014: $3,779,000) enabling the Foundation to make its contributions to the Library of $2,139,000 (2014: $2,223,000). Likely developments

The result for the period amounted to a surplus of $1,745,000 (2014: surplus of The Foundation will continue to pursue the principal activities for which it was formed. $1,083,000). Board Members’ benefits The Foundation continued to assist the Library by conducting various fundraising activities and managing investments. No Board Members have received or become entitled to receive any benefit, other than those Board Members who are in the full time employment of the Library, by Total Grants and Contributions Income was $3,034,000 (2014: $2,567,000). reason of a contract made by the Foundation or a related body corporate with a Board Member or with a firm of which a Board Member is a member or with an entity Contributions include donations and sponsorships $2,806,000 (2014: $2,452,000). in which the Board Member has a substantial interest. and bequests $228,000 (2014: $115,000). Board Members’ indemnification and insurance In line with the objectives of the Foundation, it was resolved to contribute $2,139,000 to the Library for the year ended 30 June 2015 (2014: $2,223,000). As the Foundation is a controlled entity of the Library, the Foundation’s insurances are included with the Library’s insurances through the Treasury Managed Fund, The Foundation continued with its objectives as follows: administered by the NSW Self Insurance Corporation. Under this scheme, the Board Members are insured for liabilities that may arise from their position with the a. develop diversified income streams to provide sustainable financial resources exception of conduct involving a wilful breach of duty or improper use of information for the Library. to gain a personal advantage.

b. attain funding to assist in the acquisition, preservation and accessibility of the Library's significant collections.

40 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 41

BOARD REPORT TRUSTEES’ DECLARATION STATE LIBRARY OF NEW SOUTH WALES FOUNDATION FOR THE YEAR ENDED 30 JUNE 2015 FOR THE YEAR ENDED 30 JUNE 2015 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION BOARD REPORT

FOR THE YEAR ENDED 30 JUNE 2015 TRUSTEES' DECLARATION FOR THE YEAR ENDED 30 JUNE 2015

Governance & meeting attendance In the opinion of the Trustees of the State Library of New South Wales Foundation:

1. The Financial Statements and notes set out are drawn up so as to give a true and In accordance with the Constitution, the Foundation can have both a Board and fair view of the Foundation's financial position as at 30 June 2015 and of its Trustees. performance as represented by the results of its operations and its cash flows for A Trustee meeting was held electronically on 1 August 2014. the period ended on that date; The Board held five (5) meetings on 28 August 2014, 5 November 2014, 3 March 2. The Financial Statements are prepared in accordance with the provisions of the 2015, 8 April 2015 and 18 June 2015. Public Finance and Audit Act 1983 and Regulation, Australian Accounting Standards and authoritative pronouncements of the Australian Accounting Standards Board;

Member Membership Eligible Meetings 3. We are not aware of any circumstances which would render any particulars included in the Financial Statements to be misleading or inaccurate; Board Trustees 4. At the date of this declaration, there are reasonable grounds to believe that the State Board Trustees Held Attended Held Attended Library of New South Wales Foundation will be able to pay its debts as and when Patty Akopiantz * X 2 1 they fall due; John Atkin X 5 4 5. The income statement gives a true and fair view of all income and expenditure of the Graham Bradley AM X 5 3 organisation with respect to fundraising appeals; Maxine Brenner X 1 1 Dr Alex Byrne X 5 5 6. The balance sheet gives a true and fair view of the state of affairs of the organisation with respect to fundraising appeals conducted by the organisation. Dina Coppel X 5 4 Peter Crossing X 5 5 7. The Financial Statements are properly drawn up and the associated records have been properly kept for the period from 1 July 2014 to 30 June 2015 in accordance with the Susan Doyle X 1 1 Charitable Fundraising Act 1991 and Regulations where appropriate; Samantha Meers X 5 3 Tony O’Sullivan X 5 1 8. The provisions of the Charitable Fundraising Act 1991 and the regulations under that Act and the conditions attached to the authority have been materially complied with for the Steven Schwartz AM X 5 3 period 1 July 2014 to 30 June 2015; and Robert Thomas AM ** X X 5 4 1 1 Dr John Vallance X X 5 3 1 1 9. The internal controls exercised by the State Library of New South Wales Foundation are appropriate and effective in accounting for all income received and applied by the Kim Williams AM X 5 4 Foundation from any of its fundraising appeals. * The tenure of Patty Akopiantz on the Board finished 31 December 2014 ** The tenure of Robert Thomas as Trustee finished 31 December 2014 10. The Foundation has operated in accordance with its constitution and policies of the Trustees.

11. The Financial Statements and notes satisfy the requirements of the Australian Charities and Not-for-profits Commission Act 2012.

This declaration is made in accordance with the resolution of the Trustees and is signed for and on behalf of the Trustees by:

Signed in accordance with a resolution of the Board: ------Dr John Vallance Ms Maxine Brenner Trustee Trustee rd Dated at Sydney this 3 day of August 2015 ------Alex Byrne Peter Crossing Treasurer of the Board Chairman of the Board NSW State Librarian & Chief Executive

Dated at Sydney this 3rd day of August 2015

42 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 43

STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

STATEMENTS OF COMPREHENSIVE INCOME STATEMENTS OF FINANCIAL POSITION STATE LIBRARY OF NEW SOUTH WALES FOUNDATION FOR THE YEAR ENDED 30 JUNE 2015 AS AT 30 JUNE 2015STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

Statement of comprehensive income for the year ended 30 June 2015 Statement of financial position as at 30 June 2015

Statement of financial position as at 30 June 2015 2015 2014 Notes 2015 2014

Notes $’000 $’000 $’000 $’000 Assets Expenses Current assets Notes 2015 2014 Personnel service expense 2a, 11 349 367 Cash and cash equivalents 4 $’0001,355 $’000819 Other operating expenses 2b 115 106 AssetsReceivables 5 38 7 Contributions to CurrentFinancial assets assets at fair value through profit or loss 6a 3,596 1,159 Library Council of NSW 2c, 11 2,139 2,223 Cash and cash equivalents 4 1,355 819 Total current assets 4,989 1,985 Total expenses 2,603 2,696 Receivables 5 38 7

Financial assets at fair value throughNon-current profit assetsor loss 6 a 3,596 1,159

TotalFinancial current assets assets at fair value 4,989 1,985 Revenue through profit or loss 6b 12,626 13,342

Investment revenue 3a 1,176 1,107

Contributions 3b 3,034 2,567 Non-current assets Total non-current assets 12,626 13,342 Financial assets at fair value Other revenue 3c 138 105 through profit or loss 6 b 12,626 13,342 Total revenue 4,348 3,779 Total assets 17,615 15,327

Total non-current assets 12,626 13,342

Liabilities Net result 1,745 1,083 TotalCurrent assets liabilities 17,615 15,327

Payables 7 676 133

LiabilitiesTotal current liabilities 676 133

Other comprehensive Current liabilities income - - PayablesTotal liabilities 7 676676 133133 Total other comprehensive income - - Total current liabilities 676 133 Net assets 16,939 15,194 Total liabilities 676 133 TOTAL COMPREHENSIVE Equity INCOME 1,745 1,083 NetAccumulated assets funds 16,16,939939 115,1945,194 Total equity 16,939 15,194 Equity

Accumulated funds 16,939 15,194

Total equity The accompanying notes form part of these statements 16,939 15,194

The accompanying notes form part of these statements The accompanying notes form part of these statements

44 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 45

STATEMENTS OF CHANGES IN EQUITY STATEMENTS OF CASH FLOWS FOR THE YEAR ENDEDSTATE LIBRARY 30 JUNE OF NEW 2015SOUTH WALES FOUNDATION FOR THE YEAR ENDED 30 JUNE 2015 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

Statement of changes in equity for the year ended 30 June 2015 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION Statement of changes in equity for the year ended 30 June 2015

Statement of cash flows for the year ended 30 June 2015 Accumulated FundsAccumulated Total $’000Funds $’000 Total Notes 2015 2014 $’000 $’000 $’000 $’000 Balance as at 1 July 2014 15,194 15,194 Cash flows from operating activities Balance as at 1 July 2014 15,194 15,194 Payments Personnel services expense (206) (423) Net result for the year 1,745 1,745 Contributions to OtherNet comprehensive result for the yearincome 1,745 1,745 State Library of NSW (1,803) (2,395) for Otherthe year comprehensive income - - Suppliers (58) (101) Totalfor other the year comprehensive income - - - - Total payments (2,067) (2,919) TotalTotal comprehensive other comprehensive income income - - for Totalthe year comprehensive income 1,745 1,745 Receipts Balancefor the at year 30 June 2015 16,9391,745 16,9391,745 Contributions 3,034 2,567 Balance at 30 June 2015 16,939 16,939 Interest received 22 46 Other 114 93 Total receipts 3,170 2,706 Statement of changes in equity for the year ended 30 June 2014

Statement of changes in equity for the year ended 30 June 2014 Net cash flows from operating activities 9 1,103 (213)

Accumulated Cash flows from investing activities FundsAccumulated Total Proceeds from sale of financial assets Funds Total $’000 $’000 at fair value through profit or loss 1,100 859 $’000 $’000 Purchase of financial assets at fair Balance as at 1 July 2013 14,111 14,111 value through profit or loss (1,667) (808) Balance as at 1 July 2013 14,111 14,111 Net cash flows from investing Net result for the year 1,083 1,083 activities (567) 51 OtherNet comprehensive result for the yearincome 1,083 1,083 Cash flows from financing activities

for Otherthe year comprehensive income - - Proceeds from financing activities - - Totalfor other the year comprehensive income - - - - Total other comprehensive income - - Net cash flows from financing Total comprehensive income activities for Totalthe year comprehensive income 1,083 1,083 - - 1,083 1,083 Balancefor the at year 30 Jun e 2014 15,194 15,194 Net increase (decrease) in cash and Balance at 30 June 2014 15,194 15,194 cash equivalents 536 (162) Cash and cash equivalents at beginning of financial year 819 981 Cash and cash equivalents at end of year 4 1,355 819

The accompanying notes form part of these statements The accompanying notes form part of these statements The accompanying notes form part of these statements

46 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 47 NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR STATEENDED LIBRARY 30 OFJUNE NEW SOUTH 2015 WALES FOUNDATION FOR THE YEAR ENDED 30 JUNE 2015 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION Notes to the financial statements for the year ended 30 June 2015 Notes to the financial statements for the year ended 30 June 2015

1. Summary of significant accounting policies 1. Summary of significant accounting policies (continued)

a. Reporting entity d. Insurance

The State Library of New South Wales Foundation (the Foundation) is a The entity’s insurance activities are included with the Library’s insurance controlled entity of the Library Council of New South Wales (the Library). coverage through the Treasury Managed Fund; administered by the NSW Self The Foundation, established on 26 June 1989, is a not-for-profit organisation Insurance Corporation. The expense (premium) is determined by the fund and has no cash generating units. The reporting entity is consolidated as part of manager based on past claim experience. the NSW Total State Sector Accounts.

The Foundation’s Trust Deed provides for monetary support for the e. Accounting for the Goods and Services Tax (GST) development of the Australian cultural heritage collections of the Library. The Foundation holds authority to fundraise CFN 14813 until 31 August 2015 Revenues, expenses and assets are recognised net of the amount of GST, under the provisions of the Charitable Fundraising Act, 1991. Throughout the except that: notes to the accounts, activities specifically relating to fundraising are disclosed accordingly. i. the amount of GST incurred by the Foundation as a purchaser that is not recoverable from the Australian Taxation Office is recognised as The Financial Statements for the year ended 30 June 2015 have been part of the cost of acquisition of an asset or as part of an item of authorised for issue by the Trustees on 3 August 2015. expense; and

b. Basis of preparation ii. receivables and payables are stated with the amount of GST included;

The entity’s Financial Statements are general purpose Financial Statements The net amount of GST payable to the Australian Taxation which have been prepared in accordance with: Office is included as a current liability in the Statement of Financial Position.

 the provisions of the Trust Deed of 26 June 1989 Cash flows are included in the cash flow statement on a gross basis. However,  applicable Australian Accounting Standards including Australian the GST components of cash flows arising from investing and financing Accounting Interpretations activities which is recoverable from, or payable to, the Australian Taxation  the requirements of the Public Finance and Audit Act, 1983 and Office are classified as operating cash flows. Regulation  The requirements of the Charitable Fundraising Act, 1991.  The requirements of the Australian Charities and Not-for-profits f. Revenue Recognition Commission Act 2012. Revenue is measured at the fair value of the consideration or contribution

received or receivable. Additional comments regarding the accounting policies Financial assets ‘at fair value through profit or loss’ and donated collection for the recognition of revenue are discussed below. material are measured at fair value. Other Financial Statement items are

prepared on an accrual basis and prepared in accordance with the historical i. Contributions cost convention.

Contributions, including donations, sponsorships and bequests, are Judgements, key assumptions and estimations that have been made by generally recognised as revenue when the Foundation obtains control management are disclosed in the relevant notes to the Financial Statements. over the assets comprising the contributions. Control over contributions

is normally obtained upon the receipt of cash. Amounts in the Financial Statements are rounded to the nearest one thousand

dollars and are expressed in Australian currency. ii. Rendering of services c. Statement of compliance Revenue is recognised when the service is provided or by reference to

The financial statements and notes comply with Australian Accounting the stage of completion. Standards, which include Australian Accounting Interpretations.

48 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 49 NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2015 FOR THE YEARSTATE ENDED LIBRARY 30 OF JUNE NEW SOUTH 2015 WALES FOUNDATION STATE LIBRARY OF NEW SOUTH WALES FOUNDATION Notes to the financial statements for the year ended 30 June 2015 Notes to the financial statements for the year ended 30 June 2015

1. Summary of significant accounting policies (continued) 1. Summary of significant accounting policies (continued)

f. Revenue recognition (continued) g. Assets (continued)

iii. Investment revenue iii. Investments (continued)

Interest revenue is recognised using the effective interest method as set out in AASB 139 Financial Instruments: Recognition and Measurement. ii. Financial assets at fair value through profit or loss (continued) Imputation tax credits on investment income are recognised as revenue when the application for refund is approved by the Australian Taxation TCorp’s Hour-Glass Investment Facilities are designated at fair value Office. Dividend revenue is recognised in accordance with AASB 118 through profit or loss using the second leg of the fair value option i.e. Revenue when the right to receive the revenue is established. these financial assets are managed and their performance is evaluated on a fair value basis, in accordance with a documented risk management strategy, and information about these assets is provided g. Assets internally on that basis to the Foundation Trustees and the Library’s key management personnel. i. Cash and cash equivalents The movement in the fair value of the Hour-Glass Investment Facilities Cash and cash equivalents include cash on hand and deposits held at incorporates distributions received as well as unrealised movements in call with financial institutions and NSW Treasury Corporation. fair value and is reported in the line item ‘Investment revenue’.

ii. Trade and other receivables ii. Impairment of financial assets at fair value through profit or loss

The TCorp’s Hour- Glass Investment Facilities are valued at fair value Trade and other receivables are non derivative financial assets with through profit or loss, and as a result, do not require an annual review. fixed or determinable payments that are not quoted in an active market.

These assets are recognised initially at fair value, usually based on the transaction cost or face value. Subsequent measurement is at amortised cost using the effective interest method, less an allowance for h. Liabilities any impairment of receivables. Any changes are accounted for in the Statement of Comprehensive Income when impaired, derecognised or i. Trade and other payables through the amortisation process. Short term receivables with no stated interest rate are measured at the original invoice value where the effect Trade and other payables represent liabilities for goods and services of discounting is immaterial. provided to the Foundation. These liabilities are recognised initially at fair value, usually based on the transaction cost or face value. iii. Investments Subsequent measurement is at amortised cost using the effective interest method. Short term payables with no stated interest rate are i. Financial assets at fair value through profit or loss measured at original invoice amount where the effect of discounting is immaterial. Investments are initially recognised at fair value and, in the case of investments not at fair value through profit or loss, transaction costs. ii. Personnel services expense and other provisions The Foundation determines the classification of its financial assets after initial recognition and, when allowed and appropriate, re-evaluates this i. Personnel services expense at each financial year end.

The Foundation does not employ staff nor does it have the capacity to The Foundation subsequently measures investments designated upon employ staff. The Foundation utilises the personnel services of the initial recognition ‘at fair value through profit or loss’ at fair value. The Library Staff Agency on an ongoing basis. The personnel services Foundation’s medium term investments are held with NSW Treasury expense is charged by the Library Staff Agency according to services Corporation (TCorp) in accordance with the provisions of the Public performed. The Foundation has no employee obligations under this Authorities (Financial Arrangements) Act of 1987. arrangement.

50 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 51 NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEARSTATE ENDED LIBRARY 30 OF JUNE NEW SOUTH 2015 WALES FOUNDATION FOR THE YEAR ENDED 30 JUNE 2015

Notes to the financial statements for the year ended 30 June 2015 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

Notes to the financial statements for the year ended 30 June 2015

1. Summary of significant accounting policies (continued) k. Comparative information

h. Liabilities (continued) Comparative amounts are disclosed from year to year to ensure that consistency of presentation is maintained, except when an Australian Accounting Standard requires otherwise. ii. Personnel services expense and other provisions (continued) l. New accounting standards and interpretation ii. Other provisions Certain new accounting standards and interpretations have been published that

Other provisions exist when: the entity has a present legal or are not mandatory for 30 June 2015 reporting periods. The following new constructive obligation as a result of a past event; it is probable that an Accounting Standards and Interpretations have not yet been adopted and are not outflow of resources will be required to settle the obligation; and a yet effective: reliable estimate can be made of the amount of the obligation.  AASB 2013-9 Amendments to Australian Accounting Standards – Conceptual i. Fair value hierarchy Framework, Materiality and Financial Instruments (Part C – Financial Instruments) i. Fair value hierarchy  AASB 2014-1 (Part E) and AASB 2014-8 Amendments to Australian Accounting Standards regarding financial instruments

 AASB 2015-3 Amendments to Australian Accounting Standards arising from the A number of the entity’s accounting policies and disclosures require the Withdrawal of AASB 1031 Materiality measurement of fair values, for both financial and non-financial assets  AASB 14 and AASB 2014-1(Part D) regarding Regulatory Deferral Accounts and liabilities. When measuring fair value, the valuation technique used

maximises the use of relevant observable inputs and minimises the use  of unobservable. Under AASB 13, the entity categorises, for disclosure AASB 1056 Superannuation Entities purposes, the valuation techniques based on the inputs used in the  AASB 2014-3 Amendments to Australian Accounting Standards regarding valuation techniques as follows: accounting for acquisitions of interests in joint operations  AASB 2014-4 Amendments to Australian Accounting Standards regarding

acceptable methods of depreciation and amortisation  Level 1 - quoted prices in active markets for identical assets / liabilities that the entity can access at the measurement date.  AASB 2014-6 Amendments to Australian Accounting Standards regarding  Level 2 – inputs other than quoted prices included within Level 1 that agriculture bearer plants are observable, either directly or indirectly.  AASB 2014-9 Amendments to Australian Accounting Standards regarding  Level 3 – inputs that are not based on observable market data equity method in separate financial statements (unobservable inputs).  AASB 2014-10 Amendments to Australian Accounting Standards regarding Sale or Contribution of Assets between an Investor and its Associate or Joint Venture The entity recognises transfers between levels of the fair value hierarchy at the end of the reporting period during which the change has  AASB 2015-1 Amendments to Australian Accounting Standards – Annual occurred. Refer Note 10 for further disclosures regarding fair value Improvements to Australian Accounting Standards 2012–2014 Cycle measurements of financial and non-financial assets.  AASB 2015-2 Amendments to Australian Accounting Standards – Disclosure Initiative: Amendments to AASB 101 j. Equity and reserves  AASB 15 Revenue from Contracts with Customers and 2014-5 Amendments to

Australian Accounting Standards arising from AASB 15 i. Accumulated Funds  AASB 9, AASB 2010-7 and AASB 2014-7 regarding financial instruments The category ‘Accumulated Funds’ includes all current and prior period retained funds. It is considered that these new Standards and Interpretations will have no material impact on the Financial Statements of the Foundation in future periods except ii. Separate reserve accounts are recognised in the financial statements AASB 9 the impact of which cannot be quantified. only if such accounts are required by specific legislation of Australian Accounting Standards (e.g. revaluation surplus).

52 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 53 NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDEDSTATE 30LIBRARY JUNE OF NEW 2015 SOUTH WALES FOUNDATION FOR THE YEAR ENDED 30 JUNE 2015 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION Notes to the financial statements for the year ended 30 June 2015 Notes to the financial statements for the year ended 30 June 2015

2015 2014 2015 2014 $’000 $’000 $’000 $’000 2. Expenses 3. Revenue a. Personnel service expense a. Investment revenue Personnel service charge 349 367 Interest received 22 46 349 367 Distribution from TCorp Hour-Glass 554 507 b. Other operating expenses Gains/(losses) on financial assets at fair value 600 554 (i) Direct fundraising expenses 1,176 1,107 Printing & advertising 27 16 Catering for fundraising activities 9 11 Other expenses 6 4 b. Contributions Total direct fundraising expenses* 42 31 (i) Fundraising Donations 1,969 1,805

Sponsorships & partnerships 837 647 (ii) Indirect fundraising expenses 2,452 Audit of financial statements 19 18 2,806 Postage and printing 17 13 Professional fees 13 8 (ii) Bequest income General Expenses 24 36 Donated collection material - - Total indirect fundraising expenses 73 75 Other bequests 228 115 Total other operating expenses 115 106 228 115

*Other operating expenses have been classified into direct and indirect fundraising expenses in accordance with the Best Practice Guidelines for Charitable Operations issued by the Office of Liquor Gaming and Racing. The relevant proportion of personnel services expense to be Total contributions 3,034 2,567 included as part of total direct cost of fundraising is $209 thousand (2014: $222 thousand). The total direct cost of fundraising is $251 thousand (2014: $253 thousand).

c. Other revenue

c. Contributions to Subscriptions 115 82 Library Council of NSW Refunds (Franking Credit) 23 23 Contributions for Library projects 2,139 2,223 138 105 2,139 2,223

54 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 55 NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2015 FOR THE YEAR ENDEDSTATE LIBRARY30 JUNE OF NEW 2015 SOUTH WALES FOUNDATION

STATE LIBRARY OF NEW SOUTH WALES FOUNDATION Notes to the financial statements for the year ended 30 June 2015

Notes to the financial statements for the year ended 30 June 2015

2015 2014 2015 2014 $’000 $’000 $’000 $’000 4. Cash and cash equivalents 7. Payables Cash at bank and on hand 1,355 819 Library Council of NSW 647 118 1,355 819 Trade creditors 10 -

The Foundation has a tape negotiation authority of $2 million (2014: $2 million). This facility Accrued Creditors 19 15 authorises the bank to debit the Foundation's operating account up to the above limit when 676 133 processing the electronic vendor payments.

5. Receivables 8. Restricted assets Library Council of NSW 11 7 Other debtors 27 - The Foundation has assets valued at $ 8.7 million (2014: $11.7 million) received from bequests and contributions with special conditions in the documents. These assets have been 38 7 invested in TCorp Hour-Glass Investment facilities and the revenue from the investment is being used to fund relevant activities and projects in line with the conditions imposed.

6. Financial assets at fair value through profit or loss 9. Reconciliation of cash flows from a. Current assets - operating activities to net result TCorp Hour-Glass Medium Term Facility 3,596 1,159 3,596 1,159 Net cash provided by/used by operating Glass Medium Term Facility activities 1,103 (213)

b. Non-current assets - Gain/(Loss) on investments 1,154 1,061 TCorp Hour-Glass Medium Term Facility 12,626 13,342 Increase/(Decrease) in receivables 31 (1)

13,342 12,626 (Increase)/Decrease in payables (543) 236

Net result 1,745 1,083 Total financial assets at fair value through profit and loss 16,222 14,501

10. Financial instruments and risk management

c. Reconciliation The Foundation’s principal financial instruments, which are identified below, arise directly from the Carrying amount at the beginning 14,501 13,491 Foundation’s operations or are required to finance the Foundation’s operations. The Foundation of the financial year does not enter into or trade financial instruments, including derivative financial instruments, for speculative purposes. The Foundation’s primary investments are placed with NSW Treasury Additions 2,221 1,315 Corporation (TCorp). The Foundation’s main risks arising from financial instruments are outlined Disposals (1,100) (859) below together with the Foundation’s policies for measuring and managing risk. Further qualitative and quantitative disclosures are included throughout these financial statements. Fair value gain/(loss) of financial assets at fair value through profit or loss 600 554 Carrying amount at the end of the financial year 16,222 14,501

Refer to Note 10 for further information regarding fair value measurement, credit risk, liquidity risk and market risk arising from financial instruments.

56 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 57 NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDEDSTATE LIBRARY30 JUNE OF NEW 2015 SOUTH WALES FOUNDATION FOR THE YEAR ENDEDSTATE LIBRARY30 JUNE OF NEW 2015 SOUTH WALES FOUNDATION

Notes to the financial statements for the year ended 30 June 2015 Notes to the financial statements for the year ended 30 June 2015

10. Financial instruments and risk management (continued) 10. Financial instruments and risk management (continued)

The State Librarian & Chief Executive, Foundation Trustees, Library Council and Audit & Risk b. Credit risk (continued) Committee have overall responsibility for the establishment and oversight of risk management and

review and agree policies for managing each of these risks. Risk management policies are established to identify and analyse the risks faced by the entity through formalised treasury risk Cash management policies to set risk limits and controls, and to monitor risks. Compliance with policies is reviewed by the State Librarian & Chief Executive, Library Council and Audit & Risk Committee on a continuous basis. Cash comprises cash on hand and bank balances within the NSW Treasury Banking System. Interest is earned on daily at call balances at the monthly average NSW Treasury Corporation (TCorp) 11am unofficial cash rate, adjusted for a management fee to NSW Treasury and Westpac Banking Corporation daily balances. The TCorp Hour-Glass cash facility is discussed in paragraph (d) below. a. Financial instruments categories

Receivables Carrying Amount Financial There are no financial assets that are past due or impaired as at 30 June 2015. Instrument Note Category 2015 2014 Categories $’000 $’000 Cash and Authority Deposits cash equivalents 4 N/A 1,355 819 The Foundation places funds on deposit with TCorp, which has been rated ‘AAA’ by Standard and Poor’s. These deposits are similar to money market or bank deposits and can be placed ‘at call’ or Loans and receivables for a fixed term. For fixed term deposits, the interest rate payable by TCorp is negotiated initially Receivables 1 5 (at amortised cost) 34 7 and is fixed for the term of the deposit, while the interest rate payable on at call deposits can vary. Financial During 2014/2015, the Foundation did not have term deposits or deposits at call. assets at fair At fair value through profit value** 6 or loss 16,222 14,501 Financial liabilities c. Liquidity risk Payables 2 7 measured at amortised cost 676 156 Liquidity risk is the risk that the entity will not be able to meet its payment obligations when they fall 1 Excludes statutory receivables as these items are not within scope of AASB 7. due. The entity continually manages this risk through monitoring its cash flows and maintaining 2 Excludes statutory payables as these items are not within scope of AASB 7. sufficient cash and cash equivalents to meet projected outgoings. The entity’s exposure to liquidity ** The average rate of return for financial assets at fair value held in the TCorp Hour-Glass risk is considered insignificant based on the data from prior periods and the current assessment of Investment Facility for the 2015 year was 7.37% (2014: 3.464%). risk.

The liabilities are recognised for amounts due to be paid in the future for goods or services b. Credit risk received, whether or not invoiced. Amounts owing to suppliers (which are unsecured) are settled in accordance with the policy set out in NSW TC 11/12. For small business suppliers, where terms are not specified, payment is made not later than 30 days from date of receipt of a correctly Credit risk arises where there is the possibility of the entity’s debtors defaulting on their contractual rendered invoice. For other suppliers, if trade terms are not specified, payment is made no later obligations, resulting in a financial loss to the entity. Credit risk can also arise from the financial than the end of the month following the month in which an invoice or a statement is received. For assets of the entity, including cash, receivables, Hour Glass investment facilities and authority small business suppliers, where payment is not made within the specified time period, simple deposits. The entity’s maximum exposure to credit risk is represented by the carrying amounts of interest must be paid automatically unless an existing contract specifies otherwise. For payments the financial assets included in the Statement of Financial Position. Credit risk associated with the to other suppliers, the Head of an authority (or a person appointed by the Head of an authority) Foundation’s financial assets is regarded as minimal as the counterparty of the entity’s main may automatically pay the supplier simple interest. The rate of interest applicable during the year financial assets is NSW Treasury Corporation. The risk of default is minimised as the entity is was 10.61% (2014: 10.63%). subject to effective performance management and monitoring by the NSW Government.

58 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 59

NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS STATE LIBRARY OF NEW SOUTH WALES FOUNDATION FOR THE YEAR ENDED 30 JUNE 2015 FOR THE YEAR ENDEDSTATE 30 LIBRARY JUNE OF NEW2015 SOUTH WALES FOUNDATION Notes to the financial statements for the year ended 30 June 2015 Notes to the financial statements for the year ended 30 June 2015

10. Financial instruments and risk management (continued) 10. Fi10. Financial instruments and risk management (continued)

c. Liquidity risk d. Market risk

The table below summarises the maturity profile of the entity’s financial liabilities Market risk is the risk that the fair value or future cash flows of a financial instrument will together with the interest rate exposure. fluctuate because of changes in market prices. The entity’s exposure to market risk is primarily through other price risks associated with the movement in the unit price of TCorp’s Hour-Glass investment facilities. The entity has no borrowings and does not enter into commodity contracts. The entity's exposure to interest rate risk is set out below. 2015 $’000

Interest Rate Exposure Maturity Dates Interest risk

Nominal Fixed Variable Non- < 1 Year 1-5 > 5 2015 -1% -1% 1% 1% Amount Interest Interest Interest Years Years Carrying Rate Rate Bearing Amount Profit Equity Profit Equity $’000 $’000 $’000 $000 $’000 Financial Liabilities Financial assets Payables 676 - - 676 676 - - Cash and cash equivalents 1,355 (14) (14) 14 14

Receivables 34 - - - - Financial assets at fair 2014 $’000 value 16,222 - - - - Interest Rate Exposure Maturity Dates Financial liabilities Nominal Fixed Variable Non- < 1 Year 1-5 > 5 Amount Interest Interest Interest Years Years Payables 676 - - - - Rate Rate Bearing Financial Liabilities 2014 Carrying -1% -1% 1% 1% Payables 156 - - 156 156 - - Amount Profit Equity Profit Equity $’000 $’000 $’000 $’000 $’000

Financial assets 13. Cash and cash equivalents 819 (8) (8) 8 8

Receivables 7 - - - - Financial assets at fair value 14,501 (145) (145) 145 145

Financial liabilities

Payables 156 - - - -

60 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 61

NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS STATE LIBRARY OF NEW SOUTH WALES FOUNDATION FOR THE YEAR ENDED 30 JUNE 2015 FOR THE YEAR ENDED 30 JUNE 2015 Notes to the financial statements for the year ended 30 June 2015 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

Notes to the financial statements for the year ended 30 June 2015

10. Financial instruments and risk management (continued) 10. Financial instruments and risk management (continued)

d. Market risk (continued)

d. Market risk (continued) Other price risk – TCorp Hour-Glass Facilities

Other price risk – TCorp Hour-Glass Facilities Impact on profit/loss

The entity is exposed to price risk primarily through its investment in the TCorp Hour- 2015 2014 Glass investment facilities, which are held for strategic rather than trading purposes. The Change in entity has no direct equity investments. The entity holds units in the following Hour-Glass Facility unit price $’000 $’000 investment trusts. Hour-Glass Investment – Cash facility +/-1% - - Hour-Glass Investment - Medium-term growth facility +/-6% 973/(973) 870/(870) Investment Investment 2015 2014

Facility Sectors Horizon $’000 $’000 e. Fair value compared to carrying amount

Cash, money market Financial instruments are generally recognised at cost, with the exception of the Cash facility instruments Up to 1.5 years - - TCorp Hour-Glass facilities, which are measured at fair value. The value of the Cash, money market Hour-Glass Investments is based on the entity’s share of the value of the instruments, Australian underlying assets of the facility, based on the market value. All of the Hour-Glass bonds, listed property, facilities are valued using ‘redemption’ pricing. Medium-term Australian and

growth facility international shares 3 years to 7 years 16,222 14,501 The amortised cost of financial instruments recognised in the statement of financial

position approximates the fair value, because of the short-term nature of financial assets. The unit price of each facility is equal to the total fair value of the net assets held by the facility divided by the number of units on issue for that facility. Unit prices are calculated

and published daily. f. Fair value recognised in the statement of financial position

The entity uses the following hierarchy for disclosing the fair value of financial NSW TCorp is trustee for each of the above facilities and is required to act in the best instruments by valuation technique: interest of the unit holders and to administer the trusts in accordance with the trust deeds. As trustee, TCorp has appointed external managers to manage the performance and  Level 1 – Derived from quoted prices in active markets for identical risks of each facility in accordance with a mandate agreed by the parties. TCorp has also assets/liabilities. leveraged off internal expertise to manage certain fixed income assets for the Hour-Glass  Level 2 – Derived from inputs other than quoted prices that are observable facilities. A significant portion of the administration of the facilities is outsourced to an directly or indirectly. external custodian.  Level 3 – Derived from valuation techniques that include inputs for the asset/liability not based on observable market data (unobservable inputs). Investment in the Hour-Glass facilities limits the entity’s exposure to risk, as it allows diversification across a pool of funds with different investment horizons and a mix of investments. 2015 Financial assets Level 1 Level 2 Level 3 Total NSW TCorp provides sensitivity analysis information for each of the Investment facilities, at fair value $’000 $’000 $’000 $’000 using historically based volatility information collected over a ten year period, quoted at TCorp Hour-Glass two standard deviations (i.e. 95% probability). The TCorp Hour-Glass Investment facilities Investment Facility - 16,222 - 16,222 are designated at fair value through profit or loss and therefore any change in unit price impacts directly on profit (rather than equity). A reasonably possible change is based on Total - 16,222 - 16,222 the percentage change in unit price (as advised by TCorp) multiplied by the redemption value as at 30 June each year for each facility (balance from Hour-Glass statement). (The table above includes only financial assets, as no financial liabilities were measured at fair value in the statement of financial position.) There were no transfers between level 1 and 2 during the period ended 30 June 2015.

62 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 63

NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS STATE LIBRARY OF NEW SOUTH WALES FOUNDATION FOR THE YEAR ENDED 30 JUNE 2015 FOR THE YEAR ENDED 30 JUNE 2015 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION Notes to the financial statements for the year ended 30 June 2015

Notes to the financial statements for the year ended 30 June 2015

11. Related parties 15. Disclosure under Charitable Fundraising Act 1991 (continued)

Transactions with related parties (Library Council of NSW) of $2.5 million (2014: $2.6 million) represent the contributions of $2.1 million (2014: $2.2 million) and personnel services expense of $349 thousand (2014: $367 thousand) to the Staff 2015 2014 Agency. At balance date, the entity has a receivable of $11 thousand (2014: $7 Total costs of thousand) and a payable of $647 thousand (2014: $118 thousand) with related fundraising/aggregate gross parties. income from fundraising 251/2,806 9% 253/2,452 10% Net surplus from 12. Contingent assets and liabilities fundraising/aggregate gross income from fundraising 2,555/2,806 91% 2,199/2,452 90% The Foundation has no material contingent assets or contingent liabilities as at 30 June 2015 (2014: Nil). Total cost of services provided/total expenditure 251/2,603 10% 253/2,696 9% 13. Commitments Total costs of services provided/total gross income The Foundation's commitments as at 30 June 2015 are Nil (2014: Nil). received 251/4,348 6% 253/3,779 7%

14. After balance date events There is no information of a material matter or occurrence to report.

The Foundation has not identified any event or transaction that is sufficiently material to require adjustment or disclosure in the Financial Statements. Fundraising income includes donations and sponsorships. Where funding is received for specific projects, these projects may not be completed by the end of 15. Disclosure under Charitable Fundraising Act 1991 the year in which the funds are received. A balance of unspent funds of $2,952 thousand for projects not completed by 30th June 2015 is represented by cash, Fundraising appeals conducted by the Foundation during the year included cash equivalents and TCorp Hour-Glass investment facilities. the campaign for the website digitisation development and other projects. The Foundation has authority to act as a fundraising entity under the Charitable Fundraising Act 1991. Comparisons of certain monetary figures and percentages in accordance with the requirements of the Charitable Fundraising Act 1991 are set out below: End of audited financial statements

2015 2014

$’000 $’000 Result of fundraising appeals Aggregate gross income from fundraising (note 3b (i)) 2,806 2,452 Less total direct cost of fundraising (note 2a &2b (i)) (251) (253)

Net surplus from fundraising 2,555 2,199

64 2014–15 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2014–15 Annual Report 65 RIE~DS ROOM