state library of NsW foundation 2011–12 Annual Report

building a strong foundation state library of NsW foundation 2011–12 Annual Report CONTACT INFORMATION AND ACKNOWLEDGMENTS TexT by SuSan HunT and Kay Payne ediTing and Proofreading by elaine STewarT and Helen cumming deSign and ProducTion by dominic Hon cover: deTail of THe façade of THe miTcHell library, PHoTo by bruce yorK inSide cover: JoHn benneTT, Vocabulary of the Woolner District Dialect, aDelaiDe riVer, northern territory, adelaide: PrinTed by wc cox, 1869 inSide bacK cover: a library conServaTor rePairS one of THe darling river PiloT cHarTS (1870–1880), PHoTo by Joy lai

P&d 3804-8/2012 iSbn 0 7313 7214 x

© STaTe library of nSw 2012

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./abouT/SuPPorT/foundaTion.HTml Contents

2 From the State Librarian 3 Chairman’s report 4 From the Executive Director, State Library Foundation 5 Building a strong Foundation: Highlights of 2011– 12 Foundation funded projects 6 Governance • Foundation Board 8 Showcasing our collections through major exhibitions • Lewin: Wild Art • Nelson Meers Foundation 10 Building and preserving our collections Landmark acquisitions: • TAL & Dai-ichi Life collection • Captain James Wallis album • Max Dupain & Associates commercial archive 13 Conservation: • Darling River Pilot Charts • Flinders’ Charts of Terra Australis • Macarthur family papers • HL White postage stamp collection 14 Growing online access • Discover Collections summary • Henry Lawson • Shipboard: The 19th Century Emigrant Experience • Australian Agricultural and Rural Life • Voyages of Discovery: The Great South Land • May Gibbs • Sir Thomas Mitchell: Mapmaker • Australian Jewish Community and Culture • Rediscovering Indigenous Languages 20 Expanding educational outreach • Far Out! Treasures to the Bush education project 21 Building loyalty • Library Visionaries • Custodians, Library Circle, Friends & Volunteers 24 Awards, Fellowships & Bequests • Ashurst Business Literature Prize • National Biography Award • Fellowships • Bequests 26 Events 27 Foundation Members, Custodians & Donors 31 Trustees’ report & financial statements

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 1 From the State Librarian

My first year at the State I am delighted to report that since its inauguration Library has been very exciting in 2004, 35 online stories have been brought to life and I am delighted to record under the auspices of Discover Collections, thanks to the major role that the the generosity of a wide range of corporations, Foundation has played in our charitable trusts, foundations and individual tremendous achievements. philanthropists. We will continue to reveal fascinating We saw the bright and airy and engaging stories from the Library’s amazing refurbishment of the State collections to national and international audiences. Reference Library, Cafe Trim, Importantly, the Foundation also continued its Library Shop and Metcalfe support for three perpetual fellowships: the David Auditorium in the Scott Mitchell Fellowship, the Merewether Macquarie St building; Scholarship and the new Australian Religious History the hosting of many events, Fellowship. These fellowships exemplify the State awards and major exhibitions; Library’s commitment to research. and the acquisition of major In the past year the Foundation embarked on a collection items including the campaign to ensure that our supporters, scholars and Captain James Wallis album, visitors are aware of the importance of planned giving a previously unknown treasure to the Library. It is most gratifying, therefore, to which is central to understanding the early history of acknowledge the generous bequest from the Estate Newcastle and the Hunter. of John Anthony Gilbert which assisted with the The State Library is fortunate to have so many unexpected Captain Wallis album acquisition, benefactors who, like David Scott Mitchell and as well as valued bequests from the estates of Samuel Sir William Dixson, are committed to preserving and B Herron, William Raymond Cooper, Brian Patrick making available documents and artefacts on the Nolan, Margaret Ann Jones, EJG Russell and history of Australia and its region. I sincerely thank Allen Baldick. our Friends, Custodians, Library Visionaries, I particularly want to acknowledge our wonderful Foundation members, Library Circle, partners and volunteers. We have 158 volunteers and they sponsors. Your loyalty and generosity is critical to our generously provided over 11,454 hours — 7.3 working success as we assert ourselves as a world leading years of their time and expertise in a myriad of ways library and a centre of digital excellence. — as well-informed tour hosts, transcribers of As Chairman of the Foundation this year, manuscripts such as our precious World War I diaries, Peter Crossing has been a passionate advocate for the and assistants behind the scenes in the Original State Library. He has worked to promote the richness Materials Branch. Their work has much enhanced the of the Library including the development of warm experience of visitors to our Library and the services relationships for the Library with the business we can provide online, onsite and on tour. community. His family’s Belalberi Foundation was the The year culminated with two major principal supporter of this year’s exhibition Lewin: announcements: the first was that the Premier’s Wild Art, which redefined our understanding of Literary and History Awards would in future be Australia’s first free artist, John Lewin. Warm thanks administered by the State Library; a decision which to you Peter, for your key role in supporting the reaffirms the Library’s role as the home of literature Library’s strategic initiatives and fundraising and history. The second was the provision of strategies. Together with the Trustees and the $32.6 million in the NSW Budget to renew the Foundation Board, you are making a major Library’s ageing digital systems to enable state-of-the- contribution to advancing this great library. art discovery and access to the Library collections, Special thanks must also go to Samantha Meers, and to fund the digitisation of many of this nation’s CEO of the Nelson Meers Foundation. This year and state’s most vulnerable and valuable heritage marks the end of an extraordinary 10-year exhibition artefacts, on a scale never seen before in Australia. partnership between the State Library and the Nelson This work will transform the Library over the next few Meers Foundation that allowed us to showcase years, from one of Australia’s most respected and exceptional stories in the Heritage Collection. valued libraries, to a world renowned twenty-first century library and centre of digital excellence. I look forward to your continued support for this great Library as we enter another exciting year.

ALEx BYRNE nSw STaTe librarian & cHief execuTive

2 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Chairman’s Report

I am happy to report that in the financial year 2011–12, Now that the NSW the State Library of New South Wales Foundation Government has endorsed the continued to receive a high level of financial support State Library’s strategic digital from its supporters and benefactors — total income expansion in the June 2012 was a record $4,632,000 compared with $4,293,000 in budget, we have funding for 2011, and because of that, we provided a record even more exciting projects in $3,868,000 of support ($3,092,000 in 2011) to the 2013. These will be Library during the year. A big thank you, therefore, to implemented through a all our supporters for your loyal and valued patronage. partnership between the You enabled us, in partnership with the Library, to Foundation, the Library and support key exhibitions; increase online access to the the NSW Government. collections; make further extraordinary acquisitions; Our new State Librarian, conserve vulnerable objects, and contribute to many Dr Alex Byrne, who is also more projects. Secretary and Treasurer of the Major highlights of the year included: Foundation, has been • commissioning of the significant exhibition and inspirational in providing tour of Lewin: Wild Art focus for the Foundation and • contributions to three landmark acquisitions: the has continued to foster a close second stage of support for the incomparable six relationship between the Foundation and the Library. First Fleet era albums (now known as the TAL & Thanks must go to him and to the other members of Dai-ichi Life collection); the Captain James Wallis the Foundation Board: Patty Akopiantz, Paul Binsted, album (a foundation document for Newcastle) and Graham Bradley AM, Sally Herman, Belinda the Max Dupain & Associates commercial archive Hutchinson AM, Maxine Rich, Samantha Meers, including iconic shots of Sydney’s architecture Rob Thomas and Dr John Vallance, for being such • a contribution to Indigenous cultural heritage strong advocates and supporters, and for their through the Rediscovering Indigenous Languages assistance to me as Chairman and to Susan Hunt, partnership with Rio Tinto the Foundation Executive Director. • continuation of our important Discover Collections I thank also the chair of the Foundation Trustees, online stories program, particularly through the Richard Fisher AM, and Elsa Atkin for their diligence generous support of the Vincent Fairfax Family and commitment as Trustees this year. Foundation and the Australia–Israel Chamber of We are lucky to have a high quality Foundation Commerce team, led by Susan Hunt, and supported by the • the establishment of a new donor program, financial expertise of the Library. The team has Library Visionaries, which allows us to put performed very well in a year which has seen documents from our collection online that are continuing market volatility and uncertainty. They relevant to the school curriculum for students of are an integral part of the drive to take the Library and today and the future its collections out into the community and their • significant bequests from several key supporters, fundraising efforts are integral to the Foundation’s which provide enduring support for the success. They daily demonstrate the true meaning of Library’s work. ‘development’ by building partnerships between individuals, foundations and the business community, and one of the world’s great libraries, the State Library of New South Wales. Since there is still much to be done, I hope we can count on your commitment and support as we embark on another big year ahead at the Library.

PETER CROSSING cHairman STaTe library of nSw foundaTion

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 3 From the Executive Director State Library Foundation

Despite the challenging Our annual donor group, the Custodians, has made environment for fundraising, another major contribution to the Library — this year the 2011–12 year has been a enabling the construction of light boxes for the most successful one for the digitisation of the large glass plate negatives in the State Library of NSW Holtermann negative collection — the largest glass Foundation. plate negatives in the world; conservation of part of We have concentrated on the very valuable HL White postage stamp collection developing new opportunities, (1838–1913), and a contribution towards the identifying new markets and acquisition of the commercial archive of Max Dupain increasing community and Associates (1946–1992) which records the awareness of the Foundation growing sophistication of Sydney since World War II. through collaborations. In that My personal thanks must go to Peter Crossing for context, I am able to report his leadership as Chairman of the Foundation this clear and focused outcomes year. His commitment and enthusiasm have been and significant achievement. instrumental in the continuing success of the The Foundation has Foundation. Thanks also to the Trustees and continued its support for Foundation Board for their guidance and support strategic Library projects this throughout the year. year, contributing to the purchase of major new I would also like to acknowledge the Library’s acquisitions, commissioning a landmark exhibition, Executive team — Richard Neville, Noelle Nelson, as well as assisting with enhanced online access to our Lucy Milne, Geoff Hinchcliffe, Frances Sims and collections, and regional outreach to our schools. Hakan Harman — and thank the Discover Collections, Continued support from key partners — the Imaging, Preservation and Original Materials teams Vincent Fairfax Family Foundation, Nelson Meers for their efforts. Foundation and Australia–Israel Chamber of Our dedicated Foundation team has worked very Commerce — has meant significant work has been hard this year to engage with our supporters and completed for onsite and online exhibitions. Rio Tinto achieve new initiatives for the Library. Special thanks continues its support for the ground-breaking to Kay Payne, our Partnerships Manager; Helena Rediscovering Indigenous Languages project which is Poropat, our Memberships Coordinator; Jane Mulock, uncovering traces of critically endangered Indigenous our Executive Assistant; Helen Clark, Senior Project languages, embedded in documents held by the Officer, Volunteers, and Sara Fishwick and Karen Library. Gollan, who have assisted with the National Biography I am delighted to report that our pilot outreach Award and the Ashurst Prize for Business Literature. project, Far Out! Treasures to the Bush, showcasing This has been a strong year and with your Library treasures at NSW rural and regional schools, assistance we look forward to another invigorating has been implemented successfully and that our year, in collaboration with the State Library. sponsors, the Caledonia Foundation, have generously pledged continuing support next year. SUSAN HUNT execuTive direcTor STaTe library of nSw foundaTion

4 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Building a strong Foundation: Highlights of 2011-12

• Showcasing our collections through major exhibitions • Building and preserving our landmark collections • Growing online access • Rediscovering Indigenous languages • Expanding educational outreach

Foundation funded projects

exHibiTionS 6% digiTiSaTion 9%

conServaTion 6%

fellowSHiPS/ awardS 3%

acquiSiTionS 76%

76STATE LIBRARY OF A+3+6+9 NSW FOUNDATION 2011–12 Annual Report 5 Governance

The State Library of New South Wales Membership of the Foundation Board is Stockland Corporation and Anglo Foundation is managed by the State currently as follows: American Australia. He is a director of Library and governed by a Board PATTY AKOPIANTz Singapore Telecommunications and chairs established under the constitution with Non-executive Director of AMP Limited listed gas explorer — PO Valley Energy. the trust safeguarded by trustees. and AMP Bank and previously a Director He was previously Managing Director of of AXA APH, Coles Myer, Ausgrid and Perpetual Limited and National Managing Wattyl. Ms Akopiantz has over 25 years Partner of Blake Dawson and partner of consulting and senior management McKinsey & Company. Mr Bradley is also experience primarily in consumer-related a member of the Library Council. industries. DR ALEx BYRNE PAUL BINSTED Dr Alex Byrne is the NSW State Librarian Mr Binsted is a non-executive Director and Chief Executive. He was previously and Economist. He is presently a Member the University Librarian and a Vice of the Federal Government’s Financial President and Pro Vice Chancellor at the Sector Advisory Council and the Shipping University of Technology, Sydney. Reform Task Force. His avocations include Prior to this he was Chief Librarian and History and the History of Economic subsequently Pro Vice Chancellor at Thought. Charles Darwin University. From 2005 to 2007 he was President of the world GRAHAM BRADLEY AM organisation for libraries and information Mr Bradley is President, Business Council services, IFLA. of Australia and Chairman HSBC Bank, fouNdatioN board

PaTTy aKoPianTz Paul binSTed graHam bradley am dr alex byrne

PeTer croSSing Sally Herman belinda HuTcHinSon am SamanTHa meerS

maxine ricH rob THomaS dr JoHn vallance

6 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION PETER CROSSING a member of the Takeovers Panel and has She has served on many government and Mr Crossing is Vice Chairman, Investment served on a number of corporate boards not-for-profit boards including the Banking Australasia, UBS, and has over including Federal Airports Corporation Heritage Council of NSW, Western Sydney 30 years of experience in investment (Deputy Chairman), Treasury Corporation University (Nepean Campus), Symphony banking in Australia and Asia — the past of NSW, Bulmer Australia Limited and Australia, and the Immigration Review 22 years with UBS. As a collector, he has a Neverfail Springwater Limited, and Panel. After her 12-year stint as the CEO particular interest in the conservation of, is currently a Managing Director, of the National Trust, Ms Atkin is now a and access to, the records of European first Investment Banking at Investec Bank cultural management consultant and contact with Australia, especially those (Australia) Limited. continues to serve on boards, including relating to natural history. Mr Crossing is ROB THOMAS being a member of the Library Council Chairman of the Foundation Board. Mr Thomas is President of the Library and a board director of both the George SALLY HERMAN Council. He has over 35 years experience Institute for Global Health and its Ms Herman has over 25 years of in the securities industry. Mr Thomas is Foundation. experience in international and Australian Chairman of TAL and the Stockbrokers ROB THOMAS (see left) financial services. Her most recent Association of Australia, is a Director of GRAHAM BRADLEY AM (see p. 6) executive role was at Westpac and Heartware International Ltd, Virgin DR JOHN VALLANCE (see left) previously with Macquarie Bank, Australia Ltd, O’Connell Street Associates State Bank of NSW and Bain & Co. Pty Ltd, Grahger Capital Securities Pty Currently a non-executive director with Ltd, REVA Medical Limited and Biotron several not-for-profits, and a consultant Ltd. He is on advisory boards, Nomura in financial services. Australia, Inteq and is a Director of BELINDA HUTCHINSON AM Aus-Bio Pty Ltd. Ms Hutchinson is Chairman of DR JOHN VALLANCE fouNdatioN trustees QBE Insurance Group, a Director of Dr Vallance is Headmaster, Sydney St Vincent’s Health Australia, the Grammar School. Previously Fellow of Salvation Army Eastern Territory Gonville & Caius College Cambridge, Advisory Board, the Centre for he taught in the Faculty of Classics at Independent Studies and AGL Energy. Cambridge University. Dr Vallance is Previously, Ms Hutchinson was Executive a member of the Library Council. Director of Macquarie Group, a Vice ricHard fiSHer am elSa aTKin President of Citibank, and senior manager The Trustees of the Foundation are: at Andersen Consulting and she has served RICHARD FISHER AM (CHAIR) on many industry boards. Mr Fisher is General Counsel to the SAMANTHA MEERS University of Sydney and an Adjunct Ms Meers is a Director of the Meers family Professor in its Graduate School of group of companies and is also Executive Government. Prior to this appointment Director and a trustee of the Nelson Meers at the University, Mr Fisher was a partner Foundation. She has served on a wide of Blake Dawson and its immediate past rob THomaS graHam bradley am range of not-for-profit boards and is Chairman of Partners. As a commercial currently a trustee of the Art Gallery of lawyer for many years, he specialised in NSW, a Director of the Climate Institute the areas of corporate reorganisation and and a member of the Advisory Council insolvency and was an International of the Centre for Social Impact at the Consultant to the Asian Development University of NSW. Previously, Ms Meers Bank, conducting projects on the practised as a commercial lawyer, development and harmonisation of dr JoHn vallance subsequently holding senior management insolvency laws in the Asian region. positions within the media sector. Mr Fisher is also a member of the Library MAxINE RICH Council. Ms Rich has specialised as a lawyer, ELSA ATKIN academic and investment banker in Ms Atkin has spent most of her the areas of mergers and acquisitions, professional life working in and managing corporate restructures and general cultural institutions (ABC, Evatt corporate activity. She was appointed Foundation and National Trust).

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 7 Showcasing our collections through major exhibitions

/01 /02

01 PlaTyPuS, 1810, Macquarie’s crossing of the Blue Mountains in 1815 JoHn lewin, and 12 large natural history works and landscapes waTercolour, ml 1364 for Governor Bligh in 1807. 02 giganTic lily One hundred and fifty of his remarkable and (gymea lily - Doryanthes exclesa), distinctly Australian works — paintings, watercolours, c. 1806, JoHn lewin, waTercolour, engravings, pencil drawings, rare books and dg Sv* / boT/2 manuscripts — featured in this very popular 03 Paula cHurcH, exhibition. And, according to Richard Neville, one of THe arTiSTS­ in-reSidence for the curator of the exhibition and Mitchell Librarian, leWin: WilD art, PHoTo by bruce yorK it has given Australians today ‘an unrivalled visual record of their past’. The exhibition attracted a huge audience of 36,828 visitors (an average of 433 people each day). It was accompanied by Richard Neville’s illustrated book /03 John Lewin: Painter and Naturalist; a significant suite of public programs; an online exhibition; school education tours; artist-in-residence placements, and Lewin: Wild Art volunteer tours. From 5 March to 27 May 2012 the State Library of The exhibition was initiated by the State Library, NSW staged Lewin: Wild Art, the world’s most in collaboration with the National Library of comprehensive exhibition of original works by the Australia, and drew largely on the collections of these renowned naturalist and artist John William Lewin two libraries as well as private collections and (1770–1819). international institutions, including London’s This major exhibition would not have been Natural History Museum, the British Museum, possible without the extraordinary generosity of Linnean Society and the National Library of The Belalberi Foundation, the family foundation of New Zealand. Peter Crossing and Sally Crossing AM. The exhibition will be on show at the Lewin was the first professional artist to arrive in National Library from 28 July to 28 October 2012. the young colony as a free man and was instantly captivated by the landscape, flora and fauna. He did many notable commissions during his 19 years in the colony including 15 watercolours depicting Governor

8 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION /04 /05 Nelson Meers Foundation The year brings to a conclusion a wonderful ten-year partnership between the Nelson Meers Foundation and the State Library of NSW, and the Foundation would like to take this opportunity to acknowledge their extraordinary generosity. With their support the Library has been able to exhibit an amazing array of items under the auspices of the Heritage Collection, as well as preserve, exhibit and digitise specialist items from the permanent collections. This year the Nelson Meers Foundation generously supported two projects in conjunction with our exhibition program — the first was the installation and design of the Finding Antarctica: Mapping the Last Continent exhibition and the second was the /06 production of the free catalogue for The Life of Patrick Timed to celebrate another anniversary, 100 years 04 nouvelle maPPe monde dediee au ProgreS de White exhibition. since the birth of Patrick White, The Life of Patrick noS connoiSSanceS, The Finding Antarctica exhibition was held, 1776, franceSco White exhibition revisited the achievements of this SanTini, m3 100/1776/1 appropriately, from 3 December 2011 to 19 February complex man — Australia’s only Nobel Prize winning 05 PaTricK wHiTe by 2012 to coincide with the 100th anniversary of the william yang, 1980, author — and his forceful presence in Australian naTional library of Australasian Antarctic Expedition (1911–14) which culture. Manuscripts of his published and auSTralia iTem 152 left Hobart on 2 December 1911. On display were unpublished work, never before on public display, 06 leS corveTTeS l’aSTrolabe eT a magnificent maps and charts held by the State Library, will be highlights of the exhibition which moves to the zelee commandeeS Par dumonT-durville accompanied by rare published accounts and original State Library from 13 August 2012 to 28 October 2012, eT JacquinoT 1838, sketches from the Antarctic explorations of Cook, after its display at the National Library of Australia. a mayer, v*/SHiPS/aSTr/1 D’Urville, the United States Exploring Expeditions and the Australasian Antarctic Expedition.

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 9 Building and preserving our collections Landmark acquisitions

/01 /02

01 ricHard neville, miTcHell librarian, wiTH waTercolourS TAL & Dai-ichi Life collection from THe Tal & dai-icHi life collecTion, PHoTo by Tamara dean, courTeSy of fairfax (The Derby collection) 02 blacK Swan (cygnuS aTraTuS), from THe Tal This year we acknowledge the second instalment of To celebrate the arrival of the TAL & Dai-ichi Life & dai-icHi life collecTion the very generous donation made by TAL (formerly collection from London, a large media event was held Tower Australia) and its parent, Dai-ichi Life of Japan, at the Library in November 2011, attended by the towards the acquisition of the Derby drawings which Hon. George Souris MP, NSW Minister for the Arts. will be known as the TAL & Dai-ichi Life collection. Throughout the year items in the collection were We are also pleased to report that in response to our digitised and a series of special viewings were special appeal for funds this was supplemented by arranged, and a small public display was mounted in generous individual donations. the Library’s Dalgety Walkway. As we reported last year, this collection represents The Governor, Professor Marie Bashir AC CVO, the most significant acquisition of early colonial hosted a special reception at Government House material that the Mitchell Library has made since the in February this year to acknowledge the Library’s 1930s. It comprises 741 natural history watercolours, acquisition of the collection, attended by dating from the late 1790s, which were acquired in representatives from the Library, TAL & Dai-ichi Life, 1842 by the 13th Earl of Derby, a legendary collector and the NSW Government. of natural history material, from the estate of We are excited to announce that there will be a Aylmer Bourke Lambert, who compiled the collection. regional tour of the collection later this year, and that It is a fabulous addition to the State Library’s world planning and research are under way for an exhibition renowned First Fleet Foundation collection of (and catalogue) featuring the TAL & Dai-ichi Life journals, diaries, letters, maps, books and collection, scheduled to open in November 2013. watercolours.

10 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION /03 /04

03 view of newcaSTle, new SouTH waleS, Captain James JameS walliS 04 burigon or Jack [&] Dick (deTail), Wallis album JameS walliS 05 view of awabaKal This year the Foundation made a substantial aboriginal PeoPle, JameS walliS contribution to the purchase of the Captain James all imageS from THe Wallis album, which comprises a series of major views album of original drawingS by caPTain of Sydney and Newcastle from around 1818, and a JameS walliS and JoSePH highly significant collection of named portraits of lyceTT, c. 1817–18, Pxe 1072 Awabakal Aboriginal people from the Newcastle district. Captain James Wallis became Commandant of the Newcastle penal settlement from June 1816 to /05 December 1818, and his album was intended to be an Wallis embarked on an ambitious public works advertisement for the new colony, for people back in program in Newcastle, including the convict hospital, England. It offers a fascinating insight into the nature a two-storey brick and stone gaol, the barracks, Christ and development of inter-racial relationships Church, the boat house, the lumber yard, workshop between Indigenous Australians and the British, and and a school. They were part of his vision to transform the process and effects of European colonisation on Newcastle from a place of convicts into a prosperous the Indigenous community and the environment. town for free settlers — ‘the mistress of the southern Original watercolours from the album were used hemisphere’. for the engravings published in Wallis’s An Historical The acquisition of the album has added to the Account of the Colony of New South Wales c. 1821. Library’s Wallis collection, which also includes the wonderful Macquarie Collector’s Chest, which was constructed under Wallis’s instruction and presented to Governor Macquarie.

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 11 farrell HouSe, Palm beacH by (1984–1990), Jill White (1958–1960) (1970–1992), Harry Seidler, 1995 Max Dupain Clive Kane (1958–1965), Kerry Dundas (1953–1959) PHoTo by eric SierinS (1966–1972), and David Moore (1948–1951) & Associates (1958–1959). Highlights of the collection are: commercial archive • an extensive photographic record of the construction of the Sydney Opera House Another landmark event this year was the • the definitive photographic archive of modernist Foundation’s purchase of shares in the company architecture in Sydney and Canberra including Max Dupain & Associates Pty Ltd which holds the works by Harry Seidler, Glenn Murcutt, Phillip assets of the Max Dupain and Associates commercial Cox, Bruce Richards, Peddle Thorp, Sydney archive. Max Dupain is Australia’s most recognised Ancher, Sam Lipson, Ken Woolley, Hugh Buhrich, photographer of the twentieth century and Neville Gruzman, Harry Howard, Douglas Snelling, the archive documents his own work and that Peter Muller, Douglas Annard, Gordon Andrews, of many other notable photographers. Walter Burley Griffin, Eric Nichols, Walter The archive covers the period from Dupain’s return Bunning, Pettit & Sevitt, Dept of Public Works to Australia in 1946 after his service in World War II, and many others until his death in 1992, when he and many other • extensive documentation of historic architecture photographers working for the company performed in Sydney for the National Trust and many commissions for clients including architects, buildings which are now in the care of the Historic corporations, publications and the National Trust. Houses Trust, including works by John Verge, Their work provides a critical record of the built Francis Greenway, Leslie Wilkinson environment of Sydney. • commercial work for a number of leading There are some 155,000 black and white negatives companies and corporations including AWA, and 2500 black and white prints made from the Sunbeam, Ford, Qantas, David Jones, CSR, negatives. There are negatives associated with the AOR (Australian Oil Refinery), Sebel Furniture work of Bert Brown (1958–1960), John Seymour • work for publishers including Readers Digest and (1968–1972), John Garth (1959–1972), Tom Balfour Sydney Ure Smith.

12 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Conservation Darling River Pilot Collection of Macarthur family Charts 1870s–1880s Flinders’ Charts papers 1789–1930 Thanks to a generous donor, significant of Terra Australis by This is the third year of major work on the conservation work has been done this year Macarthur family papers, a priceless on nine rare pilot charts of the Darling Dalrymple & PP King collection featuring the papers of River. The charts are associated with a 1780–1827 Elizabeth and John Macarthur, who were time when paddle steamers (or riverboats) prominent in the establishment of the on the Murray and Darling rivers and their The charts in this collection were Australian wool industry, and their sons tributaries provided inland transport for produced by the British Hydrographic James and William — landowners, goods and a convenient mode of travel for Office and issued to Charles Morgan Lewis, pastoralists and parliamentarians. the inhabitants. They were created in the in 1836, for use during his voyage to rescue This extensive collection comprises 1870s and 1880s by riverboat captains to survivors from the barque Charles Eaton, 296 volumes and 30 boxes of materials. help navigate the river’s constant hazards. lost on a reef near Sir Charles Hardy’s This year conservation work was carried Each of the charts is unique — hand- Island in Torres Strait. Lewis returned in out for Volume 11, which contains letters drawn on tracing linen using a variety of 19 weeks and three days with the captain’s from Elizabeth Macarthur dating from inks: black, red, blue and iron-gall. They son, Master William D’Oyly and John 1841 to 1849 and Volume 13 which contains are also of remarkable length, ranging Ireland. Significantly, many of the charts her accounts dating from 1811 to 1843. from seven to 42 metres and 38 or 48 cm were annotated by Lewis and record Each document was removed from the wide. They cover sections of the Darling incidents and navigational hazards deteriorating bindings and then removed River from its junction with the Murray experienced during the voyage. from the acidic pages. The papers were River at Wentworth in far south-western The 53 charts, requiring significant brush-cleaned and tears repaired; the New South Wales to Bourke in the north. repair, had been adhered to guards and remnants of the acidic paper tapes were Conservation treatment presented bound together in a maroon cloth album removed; and each document was then considerable challenges for the (book-plated and signed DS Mitchell). attached into new acid-free fascicules. conservation team, not least because of Most of them have separated from the their size. Those with iron gall ink media spine, shifting the text block to the right, were in particularly poor condition with thereby exposing them to further damage HL White postage extensive tears and losses — their housing from handling. They also have numerous stamp collection system was also inadequate. The charts tears or losses around the edges and at the have now been repaired and a housing guards. 1838–1913 Treatment has involved removing system has been established to enable With the generous assistance of Australia the charts from the volume and also them to be used and rolled without Post and a number of private benefactors, removing the guards. Each chart has causing further damage. Because of the we have been able to start the conservation been surface-cleaned, flattened, repaired, types of ink used on the charts, a special process on the HL White postage stamp interleaved in folders, and placed in a repair technique was devised through collection, which is recognised as one custom-designed box. research and previous textile conservation of the finest stamp collections ever experience. assembled. It occupies eight cabinets in the Mitchell Library. An initial treatment for five of the 352 stamp slides from the NSW series has been carried out. Stamps showing signs of water damage and distortion have been restored. White’s handwritten notations on the back of the stamp-mounts will be kept, but the wooden backing boards, which have become acidic over the last 160 years, will be replaced with neutral materials and secured with a seal to prevent dust. a library conServaTor rePairS one of THe darling river cHarTS, PHoTo by Joy lai

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 13 Growing online access Discover Collections

Since 2004, the Library has been very They give a virtual tour of some of the As foreshadowed by the State Librarian fortunate to enter into partnerships with Library’s significant and unusual Dr Alex Byrne in his introduction, the many generous benefactors to digitise and collections and enable equitable access to recent allocation of funds from the showcase a myriad of treasures from its a wide audience. We are deeply grateful to NSW Government will greatly expand collections. These are presented in the our partners for their support. our digitisation initiatives. 35 online stories you see below. society, art & culture

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CRICKET IN DAY AT THE RACES: FRENCH IN AUSTRALIA THE HORSE IN AUSTRALIA SuPPorTed by AUSTRALIA SuPPorTed by Sir ron brierley SuPPorTed by accor HoTelS arrowfield STud & reSorTS

HARRY SEIDLER AUSTRALIAN PHOTOGRAPHY: COLLECTION ICONIC AUTHORS: ALLEN FAMILY SuPPorTed by MAY GIBBS ALBUMS PeneloPe Seidler am & SuPPorTed by SuPPorTed by THe laTe Harry Seidler variouS benefacTorS variouS benefacTorS ac obe

PHOTOGRAPHY: PHOTOGRAPHY: SHIPBOARD: HOLTERMANN SYDNEY ExPOSED THE 19TH CENTURY COLLECTION SuPPorTed by EMIGRANT SuPPorTed by moran HealTH care ExPERIENCE variouS benefacTorS SuPPorTed by THe laTe roberT JoHn PriTcHard

AUSTRALIAN AUSTRALIAN JEWISH COMMUNITY ICONIC AUTHORS: AND ITS CULTURE HENRY LAWSON SuPPorTed by SuPPorTed by auSTralia–iSrael curTiS & maSSy-greene cHamber of commerce familieS in recogniTion of ‘faceS in THe STreeT’ — ST vincenT’S urban menTal HealTH reSearcH inSTiTuTe

PeoPle & Places

CAERGWRLE, LOOKING EAST: LOOKING NORTH: ALLYNBROOK DARLING POINT SYDNEY’S UPPER SuPPorTed by & BEYOND NORTH SHORE PeTer HunT am SuPPorTed by SuPPorTed by belinda HuTcHinSon am geoffrey & racHel o’conor & roger maSSy-greene

14 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION History of our NatioN

AUSTRALIAN AVIATION IN DIxSON MAP AGRICULTURAL AND AUSTRALIA COLLECTION RURAL LIFE SuPPorTed by SuPPorTed by SuPPorTed by qanTaS variouS benefacTorS vincenT fairfax family foundaTion

EUREKA! THE RUSH ExPLORATION: INDIGENOUS FOR GOLD TRAILBLAzING AUSTRALIANS SuPPorTed by THE AUSTRALIAN SuPPorTed by ST barbara limiTed INTERIOR rio TinTo & THe rio SuPPorTed by TinTo aboriginal vincenT fairfax foundaTion family foundaTion

FROM TERRA THE WALLIS ALBUM MACqUARIE ERA AUSTRALIS TO SuPPorTed by SuPPorTed by AUSTRALIA noble grouP macquarie grouP SuPPorTed by foundaTion JoHn T reid cHariTable TruSTS THyne reid foundaTion

RELIGION CHURCH SIR THOMAS LAW AND JUSTICE AND MISSIONS IN MITCHELL IN AUSTRALIA AUSTRALIA SuPPorTed by SuPPorTed by SuPPorTed by THe inSTiTuTe of Public PurPoSe fund vincenT fairfax SurveyorS nSw inc. (THe law SocieTy of family foundaTion — SeniorS grouP nSw) allenS arTHur robinSon, clayTon uTz, gilberT & Tobin lawyerS, Henry daviS yorK lawyerS, freeHillS

VOYAGES OF DISCOVERY: THE GREAT SOUTH LAND SuPPorTed by bruce & Joy reid foundaTion

our Natural World

ANTARCTICA: HURLEY’S ANTARCTICA: EARLY ADVENTURES ANTARCTICA MODERN SuPPorTed by SuPPorTed by ADVENTURES anonymouS graHam and cHarlene SuPPorTed by bradley foundaTion anonymouS

BOTANICA: TAL & DAI-ICHI ILLUSTRATING LIFE COLLECTION THE ExOTIC (PREVIOUSLY SuPPorTed by KNOWN AS THE geoffrey & racHel DERBY COLLECTION) o’conor SuPPorTed by Tal & dai-icHi life

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 15 New online stories

HeNry laWsoN The story will appeal to genealogists, social Henry Lawson (1867–1922) is arguably Australia’s best historians and students who wish to gain some insight known writer, and deservedly therefore, the subject of into life on board an emigrant ship in the second half this new online story which draws on the Library’s of the nineteenth century. preeminent Lawson collection. This intriguing collection was proudly supported Using items such as original manuscripts, by the late Robert John Pritchard and will be published poems and prose, photographs, personal accessible later in 2012. letters and belongings (such as his walking stick, hat, and pen), as well as ‘then and now’ images of the australiaN agricultural places that were most significant in Lawson’s life, we aNd rural life /01 revisit Lawson’s successes, as well as his harrowing Last year we reported on the three-year digitisation and tragic personal life experiences. His death partnership the Foundation had just entered into with generated widespread mourning on a scale usually a longstanding supporter of the Library, the Vincent reserved for national leaders and he was the first Fairfax Family Foundation, to develop an online story writer to be given a State funeral. about living and working on the land. The online story This fascinating story has been generously Australian Agricultural and Rural Life was launched supported by the Curtis and Massy-Greene families in in April 2012 and is now online. recognition of ‘Faces in the Street’, the Urban Mental The Library has a rich mine of material to draw on Health Research Institute based at St Vincent’s for the story — diaries, station records, the manuscript Hospital in Sydney. It will be accessible online by late papers of early pastoral families, agricultural journals 2012. and farming magazines, early land grant maps, trade and seed catalogues, sheet music, water conservation sHiPboard: tHe 19tH ceNtury reports, oil and watercolour paintings of early colonial emigraNt exPerieNce pastoral holdings, and contemporary photographic As a nation founded by immigrants, our other new portraits of the people and places of regional online story Shipboard: the 19th century emigrant Australia. experience is particularly fitting. Using the published Life on the land has been part of our national ships’ material (which includes eclectic accounts identity since the early days of the colony and this 01 Henry lawSon, 1915, Silver gelaTin in newspapers, personal diaries, sketches and story captures the highs and the lows of those who PHoToPrinT by william ephemera), the story brings to life the experience have made it their home. It also reveals the changing JoHnSTon, P1/952 02 migranTS on board of thousands of emigrants who embarked on long face of agriculture over that time. THe eaton hall en voyages from the UK to Australia in the second half This is a great online resource for regional rouTe from england To auSTralia, aT worK of the nineteenth century. communities, students, and anyone interested in the and Play 02064 European experience on the land. 03 from looking back to out back: recollections of bourke flooD, 1890, mrS Helen daSH, Pxb 259

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16 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Updates to online stories

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Voyages of discoVery: may gibbs tHe great soutH laNd The collaboration between the Foundation, the The Bruce and Joy Reid Foundation has been a Nutcote Trust and the Graham & Charlene Bradley longstanding supporter of the Library — its online Foundation reported on last year has kick-started the story Voyages of Discovery: The Great South Land, development of an online story on the works of about the extraordinary voyages of discovery to the May Gibbs (1877–1969) — author, illustrator and Great South Land, was initiated seven years ago and cartoonist. The Library has an enviable collection of since then has grown exponentially. The most recent material on the author, including her original artwork, enhancement features the story of Captain Samuel and is keen to make this publicly accessible. Wallis (1728–1795). Indeed, the Library hopes it will redress the In 1766, Wallis, in command of HMS Dolphin, was commonplace image of May Gibbs as a reclusive sent by the British Admiralty to explore the Pacific in children’s book illustrator and reveal her to be a more search of the mythical Great South Land. Although complex and vibrant woman involved with the

Wallis failed to find the continent, he was the first suffragette movement, pictorial propaganda destined 04 walliS iSland, 1767, European to discover many islands including the for the Australian diggers overseas, and a syndicated waSH drawing by Samuel walliS from beautiful island of Tahiti, and his reports led to cartoonist and columnist. voyage of THe HmS Captain Cook’s later voyages in the region. May Gibbs was appointed a Member of the British Dolphin, Pxd 72/5 05 a war canoe of new A skilled artist, Wallis is known to have made at Empire in 1955 for her contribution to children’s zealand, from a least 40 drawings on the voyage, many of them literature and in 1969 the Commonwealth Literary Journal of a voyage To THe SouTH SeaS … offshore coastal views of the islands he encountered. fund granted her a literary pension. Sydney ParKinSon london: dilly, in THe Because of the ongoing generosity of the Bruce & A selection of May Gibbs items will be accessible PoulTry, and JameS Joy Reid Foundation, the State Library is able to make online from October 2012. PHilliPS on THe george yard, 1784, g78/10 its unrivalled collections of maps, journals, logbooks, 06 about us, may gibbS letters, paintings, prints, drawings and books about london: erneST niSTer, 1912, qa823/g443/1a1 the extraordinary voyages of discovery of the Great 07 Design for a coVer South Land available online. of Mag., may gibbS, c. 1900–13, Pxd 304 v. 15

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STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 17 sir tHomas mitcHell: included the study of fossils, poetry and the maPmaker mechanical and scientific arts, Mitchell looms large in Thanks to the Institution of Surveyors NSW Inc. Australian colonial history. (Seniors Club), we are pleased to report that we have Mitchell’s maps, personal papers and artworks placed additional maps, created by the surveyor and reflect his wide-ranging interests. His Peninsular War explorer Thomas Mitchell, online this year. Forty-one maps are housed in the Dixson Maps collection, while of his maps are now showcased online and there are his delicate, detailed sketches, watercolours and many more in the Mitchell collection which are personal papers are held in the Mitchell Library’s accessible via the Library’s catalogue. Pictures and Manuscript collections. This online collection includes manuscript and printed maps relating to Mitchell’s expeditions into australiaN JeWisH the Australian interior. It also highlights Mitchell’s commuNity aNd culture 01 general maP of THe surveys that were used to build the roads of New This ongoing online story, passionately supported SouTH–eaSTern PorTion of auSTralia: South Wales, and several maps showing the by the Australia–Israel Chamber of Commerce, SHewing THe colony development of Sydney and its suburbs in the celebrates the Jewish community’s contribution to of new SouTH waleS (deTail), c. 1850, mid-nineteenth century. Some of these maps have Australia’s heritage and its impact on Australian Sir THomaS miTcHell only recently come to light through the eRecords history. 02 aJax (men’S PHySical culTure Team) aT project. Jewish Australians have been significantly involved combined JewiSH in the arts, literature, commerce and public life of SPorTing aSSociaTion Sir Thomas Mitchell (1792–1855) was Surveyor- carnival, c. 1939, General of New South Wales from 1828 until his Australia since the early days of convict arrivals. This Sam Hood, Home & away 18607 death. A larger-than-life character, whose passions online story presents a rich tapestry of Jewish history through manuscripts, paintings, oral histories, letters and journals. A recent enhancement looks at the uptake of Jewish sporting associations across Australia from the first decades of the twentieth century. The social side of competitive sport played an important part in the revitalisation of Jewish communities around the country. Despite being located on opposite sides of the world, Australia and Israel share a bond through episodes in their joint history. Australia’s military endeavors in both world wars and energetic diplomacy in the late 1940s played a key role in the establishment of the independent Jewish state of Israel in 1948.

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18 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION /03 03 gondwana naTional rediscoVeriNg indigenouS cHildren’S iNdigeNous laNguages cHoir, PHoTo by bruce yorK Last year we reported on the three-year collaboration 04 PHiliP gidley King with Rio Tinto on the landmark project Rediscovering remarKS & Journal KePT on THe exPediTion Indigenous Languages to locate and make available To form a colony … Indigenous wordlists and vocabularies to the aPril 1790 community, and particularly Indigenous communities. The Library has archival records which document Indigenous languages of NSW, Queensland, Victoria and Tasmania from 1788 to the 1930s. In the past financial year, a number of developments have given it added impetus, starting with a media launch in August 2011 and followed by a formal launch in December by the Governor, Professor Marie Bashir AC CVO, at a gathering attended by Members of Parliament, local community /04 elders and stakeholders. One of the highlights at the event was the Gondwana National Indigenous Dr Michael Walsh, a preeminent linguist of Children’s Choir performing songs in several Aboriginal languages, has spent the last year Indigenous languages. researching the Mitchell Library’s archival material The project has also been promoted through and consulting a significant network of Australia-wide several conferences and seminar series, and featured linguists, anthropologists, historians and historical in NAIDOC Week in July 2012. archaeologists. Based on his initial work, he has Together, these activities have generated unveiled a significant amount of new and exciting considerable press coverage as well as support from material. key individuals, and a number of state and federal Mick Gooda, the Aboriginal & Torres Strait parliamentarians. The Hon. George Souris MP, NSW Islander Social Justice Commissioner of the Minister for the Arts, expressed his view about the Australian Human Rights Commission, is the Patron importance of the project — ‘a nation’s oral and for the project. In addition, a Reference Committee written language is the backbone to its culture. (including key Indigenous stakeholders) has been The preservation of the languages and dialects of our initiated to ensure that the project aligns with its Indigenous citizens is a very important project in this strategic aims, and meets timeframes and outcomes. regard.’ His comments have been echoed by many An online blog follows the progress of the project at others who believe we need to preserve our history, . be it elements of indigenous culture or documents As the project progresses an interactive website from our formative years. will also be developed to showcase its findings.

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 19 Expanding educational outreach

STudenTS from baradine cenTral Far Out! Treasures to the Bush ScHool enJoying TreaSureS from THe library This year, thanks to the Caledonia Foundation which The items were chosen because they related to the supported an educational outreach program titled British discovery and exploration of Australia, a core Far Out! Treasures to the Bush, over 1200 students and area of study for students in Stage 2 and 3 of the NSW community residents living in the far west of NSW and Australian school curriculum. have seen rare items from the Library’s vaults for the The workshops also encouraged participants to use first time. the Library’s website as another valuable resource for In March and June 2012, two major regional road research and study, from home, school or the local shows, comprising a team of teaching and curatorial library. Library staff, conducted presentations and workshops The Library is excited about expanding access to its at local libraries and public schools in Cobar, Bourke, collection to local communities and it has found a Coolah, Coonabarabran, Baradine, Narrabri and like-minded partner in the Caledonia Foundation. Wee Waa. The Foundation has renewed its commitment for The objective of Far Out! is to use items from the 2012–2013 so that more students and communities in Library’s collection to bring historical events to life regional and rural areas will have the chance to enjoy that are part of the Board of Studies history syllabus. the treasures of the State Library. For example, students and residents were able to see Cook’s handwritten observations of the Transit of Venus from Tahiti in June 1769, the first letter written from Sydney in 1792 by convict Mary Reibey, and an Indigenous language list compiled by David Blackburn in 1791.

20 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Building loyalty

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01 baroneSS SuSan Library Visionaries greenfield cbe, PHoTo by HamilTon cHurTon In November last year the Foundation initiated a new 02 dr alex byrne and to the Australian Imperial Force from 1917 to 1918. david gonSKi ac, PHoTo donor program called Library Visionaries. It was These will link with Stage 5 of the history syllabus: by belinda cHriSTie launched by renowned UK scientist, writer and The Modern World and Australia. Other critical broadcaster Baroness Susan Greenfield CBE, who materials are the Journal of the proceedings of His gave an inspirational talk on the impact of new Majesty’s Ship Resolution, James Cook Esq. technologies on children’s brains. Commander, by George Gilbert commencing 9 April Our Library Visionaries are an innovative network 1776 and ending 29 November 1779, and the logbook of individuals who value education and learning and of the ship Marquis Cornwallis 1 February to understand that advancements in digital technology 1 November 1796. play an integral role in the way our students learn. In May this year, as part of the special event What once was static curriculum delivery, confined to program, David Gonski AC spoke on his recently a school classroom, is now a learning environment released government Review of Funding for Schooling. shaped by the digital revolution. An expert panel was convened for the event to discuss Our Library Visionaries help to make items from its proposals comprising Leslie Loble, Deputy the Library’s collections available online for the Director General, NSW Department of Education and students of today and tomorrow, and contribute to, Training; Jihad Dib, Principal of Punchbowl Boys’ and participate in, special events which bring together High School, and Phillip Heath, Principal of Radford innovative thinkers and writers at the forefront of College in Canberra. The session was chaired by educational development. Dr John Vallance, Foundation Board member and Since the inception of the program, we have Headmaster of Sydney Grammar School. 58 Library Visionaries and 10,000 items have been Special thanks to the Library Visionaries sub- digitised, transcribed and made accessible online. committee of the Foundation Board comprising Sally Works completed include the diaries of Frank Hurley Herman, Dr John Vallance, Samantha Meers, Patty which he kept while he was the official photographer Akopiantz and Maxine Rich, who have worked so hard this year to establish the program.

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 21 Custodians The Library Circle The Library is fortunate to have a committed and generous group of Custodian donors in our President, Commander, Principal, Leader, Guardian and Member categories. Their pledge of annual donations is critical to our ability to acquire items for our collections, particularly the valuable original Australiana objects that are housed in the Mitchell Library. They also help support the urgent preservation of our /01 cultural objects. /03

The Library Circle is a very special group of 26 benefactors who have publicly committed to leaving a gift in their will to the Library. This gift may be an amount of money or a percentage of their estate, a book collection, work of art, or other items such as shares or real estate. Members of the Library Circle share a deep commitment to the Library and its vast and unique collections. They are making a contribution to the future of the Library and in doing so are ensuring future generations will benefit from their foresight. In acknowledgment of their generosity, the Foundation hosts exclusive events and functions for the Library Circle, showcasing Library treasures and /02 providing fascinating and intriguing insights into their provenance and history. This past year’s events 01 ray and Helen HySloP This year the Custodians have contributed to: have included a talk by Curator of Photographs aT THe eye of the storM Premiere, PHoTo • the construction of custom-made light boxes for Alan Davies on highlights from the Library’s by HamilTon cHurTon the digitisation of the large glass plate negatives extensive photography collection and a talk by 02 Sydney Harbour from HolTermann’S HouSe, in the Holtermann collection Elise Edmonds on maps which show the growth 1875, cHarleS bayliSS weT PlaTe glaSS • the conservation of part of the HL White postage of settlement in Sydney. negaTive, on 4/box stamp collection (1838–1913), which was donated An exclusive annual year recognition event and 61/nog HolTermann collecTion to the Library in 1917. All the 352 stamp slides in Christmas party was held in December in honour of 03 THe library circle aT the collection require intensive conservation this group. a cHriSTmaS evenT, PHoTo by merinda including dismantling, cleaning and rehousing camPbell • the acquisition of the Max Dupain and Associates commercial archive (1946–1992). The vast archive spans some 155,000 black and white negatives and 2500 black and white prints. In March 2012 a special viewing of the six-volume atlas, De nieuwe groote lichtende zee-fakkel (The New Great Shining Torch of the Sea Atlas), was provided for Custodians. The Library’s conservation experts explained how this magnificent seventeenth-century Dutch atlas was restored, using traditional book binding techniques and innovative x-ray technology.

22 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Friends Volunteers

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04 friendS enJoying THe The Friends of the State Library are an integral part The Library is fortunate to have a wonderful group of friendS cHriSTmaS of the Foundation and the Library community. They volunteers. In addition to their skills, knowledge and ParTy, PHoTo by merinda camPbell enthusiastically support our exhibition and event experience they also bring boundless enthusiasm, 05 volunTeerS viewing programs, forming a significant proportion of the commitment and energy to everything they do a rare collecTion of JoHn gould’S PlaTeS in audience. Over the past year we had 1250 active at the Library. THe Sir william dixSon reSearcH library, memberships, including 230 new members. In the past year our 158 volunteers contributed PHoTo by SaraH During the year we held exclusive free Friends a total of 11,454 hours, an equivalent of 7.3 years, Herman events on some of the most interesting exhibitions to activities at the Library. They help us to build at the Library including an in-depth introduction community support for the Library practically — to Lewin: Wild Art by Mitchell Librarian, Richard through their own participation in Library initiatives, Neville; and some wonderful historical anecdotes and through advocacy and outreach activities. associated with On Sale: Shops & Shopping, It would not be possible to do some things at the courtesy of curator Margot Riley. Library without them. In conjunction with the Irish Consulate, Friends To cite just a few examples of their contribution — and Library supporters were treated to an exhibition volunteers working within the Original Materials celebrating the 100th anniversary of poet WB Yeats, Branch completed the transcription and proofing of and a lecture from Ronan McDonald from the some of the Library’s extensive collection of World University of NSW on ‘WB Yeats: Ireland and the War I diaries — a high priority this year. Another team Modern World’. of 20 volunteer tour guides provided 239 interpretive Scholarly Musings, an informal monthly talk by tours of the Library and exhibitions for a total of 1535 current researchers and Library Fellows working visitors. The Library’s volunteer speakers continued on the Library collections, was another popular to play a vital role in introducing the Library to the drawcard. Scholarly Musings are presented in the community. They presented to 1185 people Friends Room. throughout the Greater Sydney area. Our volunteers are given the opportunity to develop their skills and learning to enhance their experience. The Library hosts regular coffee mornings where volunteers can share their experiences and hear guest speakers deliver informative and entertaining presentations on the Library collection or services. To enhance communication between our volunteers and the staff of the Library the Volunteer & Staff Council continued its meetings. The Foundation sincerely thanks the volunteers for their passionate commitment and contribution to the Library.

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 23 Awards, Fellowships and Bequests Awards asHurst busiNess The judging panel, comprising Peter Rose literature Prize (inaugural Chair), Dr Bernadette Brennan and This year’s winner of Hilary McPhee AO, assessed 63 entries and selected Australia’s largest and most Thomas’s book and five others for the shortlist: significant award for business Good Living Street: The Fortunes of My Viennese literature was renowned Family by Tim Bonyhady; Michael Kirby: Paradoxes journalist and author & Principles by AJ Brown; Sydney by Delia Falconer; /01 Trevor Sykes for Six Months How to Make Gravy by Paul Kelly and An Eye for of Panic: How the Global Financial Crisis Hit Australia Eternity: The Life of Manning Clark by Mark McKenna. (Allen & Unwin). Prize money for the award increased this year to Sykes examines what has now become known as $25,000, making it one of Australia’s richest prizes the Global Financial Crisis and offers insights into the for biographical and autobiographical writing. wave of panic that began with the subprime crisis in Now in its seventeenth year, the National America and flowed with tsunami-like force across Biography Award promotes the highest standards Europe, Asia and Australia. of the writing of biography and autobiography in The judges, Alan Cameron AO, Richard Fisher AM Australia. It is administered by the Foundation, and Narelle Hooper, selected the book from a strong presented by the State Library of NSW, and shortlist, which also included Into the Woods: The supported by the benefaction of Dr Geoffrey Cains Battle for Tasmania’s Forests by Anna Krien; Breaking and Michael Crouch AO. the Sheep’s Back: The Shocking True Story of the Decline and Fall of the Australian Wool Industry by Charles Massy; and Freehills: A History of Australia’s Fellowships First National Law Firm by Suzanne Welborn. The Fellowship Program is a significant feature of the The $30,000 prize, administered by the State Library’s commitment to research. While the State Library, was launched in 2004 by the law firm Library administers a number of fellowships, the Blake Dawson. Earlier this year the company Foundation supports three perpetual fellowships. combined its Asia practice with that of leading The David Scott Mitchell Fellowship and the international law firm Ashurst and is now known as Merewether Scholarship (each $12,000 per annum) Ashurst in Australia. were established in March 2008 from the generous NatioNal benefaction of the late John Merewether, a biograPHy aWard longstanding supporter, friend and donor to the Library. The Australian Religious History Fellowship This year’s National Biography ($20,000 per annum) was established in 2010 by an Award was won by historian anonymous benefactor. Martin Thomas for The Many The David Scott Mitchell Fellowship encourages Worlds of RH Mathews: the research and study of Australian history using the In Search of an Australian collections of the Mitchell Library. The 2011 David /02 Anthropologist (Allen& Unwin). Scott Mitchell Fellowship was awarded to Dr Gareth Thomas brought to light Knapman, a Fellow at Monash University in the the largely forgotten but immensely important National Centre for Australian Studies, for his project, contribution Mathews made to anthropology and ‘Conciliating exchanges: Mapping the politics of Australia’s cultural history in the nineteenth century. trading between Aboriginal peoples and settlers in From the age of 51 years in 1892, Mathews published nineteenth-century South Eastern Australia’. 171 articles on Aboriginal culture in south-east Dr Knapman says his project looks at the Australia, at a time when most Australians thought ‘Aboriginal agency through the production of objects 01 Trevor SyKeS, winner that Aboriginal people were dying out. of THe aSHurST for sale within nineteenth-century intellectual buSineSS liTeraTure Prize, PHoTo courTeSy networks. Aboriginal agency argues that Aboriginal of allen & unwin people had a voice and were trying to present that 02 marTin THomaS, winner of THe naTional voice through material culture. This voice however biograPHy award, PHoTo by HamilTon was lost through the politics of colonial intellectual cHurTon networks’.

24 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Bequests The Merewether Scholarship encourages and The Library’s superb collections largely grew from the supports the research and study of nineteenth- vision of two critical donors, David Scott Mitchell and century NSW history using the collections of the Sir William Dixson, after whom the Mitchell and Mitchell Library. The Merewether Scholarship for Dixson libraries were named. In the twentieth 2011 was awarded to Samia Khatun, a postgraduate century this tradition was followed by Jean Garling, research scholar at the University of Sydney, for her whose generous bequest has provided an endowment project ‘Gaudy Hawkers and Floating Shops: Indian for a wide variety of work, particularly in the Hawkers and Inland Rivers of New South Wales, performing arts and conservation areas. 1880–1914’. Garling began her association with the State Ms Khatun conducted research into the Indian Library in the early 1960s while researching her hawkers along the Murray River, who constituted the family history, and after her death she left a significant inland distribution network for the Asian import/ bequest to the Library. To recognise her generosity export businesses that mushroomed in the port of a room at the Library is named in her honour. Sydney in the final decades of the nineteenth century Garling had a passion for the performing arts and and well into the twentieth century. spent time both on and off the stage in a number The focus of the Australian Religious History of dance and theatrical productions in Sydney.

Fellowship is the study and research of any aspect of Through the Jean Garling bequest, support is given to Jean garling from album acquiring, cataloguing and interpreting our music and of STudio PorTraiTS and Australian religious history of any faith. The 2012 ePHemera, c. 1896–1998, Australian Religious History Fellow is Matthew Allen, performing arts collections. In the past year Pxe 881 a postgraduate researcher at Sydney University, for important work has been completed on the following his project ‘Protestant ethics and the creation of a collections: the Donald Hazelwood collection; secular state in New South Wales, 1820–1836’. Merewether family music collection; the Peggy The project examined the way Christian ethics Glanville-Hicks correspondence; the Meg Matthews informed the public writings of three newspaper collection; and the Castell family papers, including editors in early colonial Sydney — Robert Howe, Australia’s earliest music manuscript. Ralph Mansfield, Edward Smith Hall — and how their Planned gifts help the Library to continue to faith contributed to the development of a strong and expand its collections, aid preservation work and articulate liberal society during this period. provide greater public access to our original materials. Planned gifts are also crucial to extending scholarship, iNaugural sydNey grammar since endowments from bequests support fellowships scHool felloWsHiP and awards. This year saw the establishment of the Sydney In the past year the Foundation has made a Grammar School State Library of NSW Fellowship, concerted effort to encourage its supporters, scholars to encourage the development of teaching resources and visitors to consider the idea of ‘planned giving’ compiled from the collections of the State Library to contribute to the long-term future of the Library. of NSW. The Foundation has been overwhelmed and honoured The fellowship is being shared between two by the generosity of benefactors. In particular, we researchers: Jeanell Buckley and Lauren McCunnie would like to acknowledge the generous bequest from for research on the Library’s World War I diary the Estate of John Anthony Gilbert, which assisted collection. In the lead-up to the centenary of with the Captain James Wallis album acquisition World War I, this work is particularly valuable purchased at auction in Canada at the end of 2011 because it involves detailed research on the (see p. 11). servicemen and women whose lives are represented Other bequests, which are yet to be allocated to in these extensive collections. The Library will be able projects, were also very gratefully received from the to advise schools about diarists from within their area estates of Samuel B Herron, William Raymond and promote use of the diaries within the school Cooper, Brian Patrick Nolan, Margaret Ann Jones, curriculum. The material will be digitally delivered EJG Russell and Allen Baldick. The Library is deeply to teachers, in forms relevant to coursework grateful as this type of support gives life to so many in NSW schools and universities. projects.

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 25 Events

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/09 /10 01 SuSan HunT, PeTer 03 micHael croucH ao, 05 maxine ricH, Sally 08 david Peever, managing 10 micK gooda, Sam mareSH, SculTHorPe ao cbe, don waTSon, dr alex Herman and belinda direcTor rio TinTo THe Hon. george SouriS, dr Judy wHiTe am aT byrne, dr geoffrey HuTcHinSon am aT THe auSTralia aT THe launcH THe Hon. vicTor dominello, THe Many faces of cainS, PeTer croSSing, launcH of library of THe rediScovering meliSSa JacKSon aT inspiration booK launcH, warren brown aT THe viSionarieS, PHoTo by indigenouS languageS THe media launcH for PHoTo by SaraH Herman naTional biograPHy HamilTon cHurTon ProJecT, PHoTo by rediScovering indigenouS award lecTure, bruce yorK languageS, PHoTo by 02 lyndon Terracini aT 06 miTcHell library façade PHoTo by bruce yorK bruce yorK THe Many faces of during leWin: WilD art, 09 dr alex byrne, ricHard inspiration booK launcH, 04 cHriS maxworTHy, PHoTo by bruce yorK neville, Sally croSSing am, PHoTo by HamilTon andrew TinK, dr alex PeTer croSSing, THe 07 warren brown and don cHurTon byrne aT THe friendS governor ProfeSSor waTSon aT THe naTional cHriSTmaS ParTy, marie baSHir ac cvo, biograPHy award PHoTo by bruce yorK rob THomaS aT THe launcH lecTure, PHoTo by of leWin: WilD art, bruce yorK PHoTo by bruce yorK

26 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Foundation Members, Custodians & Donors

MAJOR BENEFACTOR Listing of ian anguS oam & Hanne anguS arrowfield Foundation aSHurST auSTralia auSTralia–iSrael cHamber Members of commerce coleS myer CLASSES OF FOUNDATION MEMBERSHIP dixSon TruST PHILANTHROPIST HugH & PaTricia dixSon bruce & Joy reid foundaTion eSSo auSTralia member individual $500 Jean garling JoHn b fairfax ao JoHn anTHony gilberT member organiSaTion $5,000 gordon darling foundaTion dr ruTH S Kerr oam JoHn Hoyle nelSon meerS foundaTion mimi b Hurley neSTlé auSTralia lTd belinda HuTcHinSon am & fellow individual $3,000 Tal & dai-icHi life roger maSSy-greene vincenT fairfax family foundaTion JameS Hardie induSTrieS lTd fellow organiSaTion $15,000 THe Hon. david levine ao rfd qc LIFE GOVERNOR mcdonald’S neville & leila goveTT dr alex roberTSon & Senior fellow individual $10,000 doroTHy PeaKe ian & Helen mclacHlan roberT J PriTcHard Senior fellow organiSaTion $25,000 JoHn mereweTHer & TemPe mereweTHer oam qanTaS airwayS PHiliP & caroline SimPSon oam reader’S digeST dr douglaSS g SeaTon benefacTor individual $25,000 Sydney mecHanicS’ ScHool of arTS LIFE BENEFACTOR Sir arTHur weller cbe & Sir ron brierley benefacTor organiSaTion $50,000 lady weller elizabeTH clarKSon weSTPac banK JameS o fairfax ao anonymouS (4) mona alexiS fox maJor benefacTor individual $50,000 Samuel b Herron BENEFACTOR maJor benefacTor organiSaTion $100,000 JoHn T reid cHariTable TruSTS accor HoTelS geoffrey & racHel o’conor commonwealTH banK Public PurPoSe fund cSr rio TinTo and rio TinTo governor benefacTor individual $100,000 aboriginal foundaTion nicK curTiS rob & Kyrenia THomaS SaraH dingwell governor benefacTor organiSaTion $250,000 milTon & Helen wHiTmonT dr zeny edwardS anonymouS (2) gilberT & Tobin lawyerS dr maurine goldSTon-morriS oam life benefacTor individual $250,000 david greaTorex ao & GOVERNOR BENEFACTOR deirdre greaTorex roberT o alberT ao rfd rd & life benefacTor organiSaTion $500,000 franciS m HooPer elizabeTH alberT JoHn lamble ao THe Hon. franca arena am lady loewenTHal Sibilla baer THe mordanT family life governor individual $500,000 J K bain am & JaneTTe bain david o’Halloran THe belalberi foundaTion life governor organiSaTion $1,000,000 alice arnoTT oPPen oam brambleS induSTrieS rebel Penfold-ruSSell oam dr geoffrey cainS & SaraH cainS robmar inveSTmenTS micHael J croucH ao ruTH roberTSon PHilanTHroPiST individual $1,000,000+ neil glaSSer mvo & nina glaSSer JoHn l SHarPe graHam & cHarlene bradley PHilanTHroPiST organiSaTion $1,500,000+ foundaTion ST barbara limiTed dr a m HerTzberg ao meg STewarT margareT mary JoneS mary STreTTleS macquarie grouP foundaTion SumiTomo miTSui banKing Privacy & Personal information Protection act 1998 corPoraTion THe maPle-brown family in comPliance wiTH THe new SouTH waleS priVacy anD personal inforMation cHariTable foundaTion JameS wolfenSoHn ao protection act 1998 only THoSe memberS, donorS and SuPPorTerS wHo Have given THeir conSenT To Have THeir name PubliSHed in STaTe library of new moran HealTH care grouP PTy lTd anonymouS (7) SouTH waleS PublicaTionS are liSTed. memberS, donorS and SuPPorTerS PeneloPe Seidler am & wHo Have noT given THeir conSenT, wHo Have noT yeT reSPonded To THe Harry Seidler ac obe library’S Privacy conSenT requeST or wHo wiSH To remain anonymouS are david & Tricia SHerbon counTed aS ‘anonymouS’. Harold ScHulTz THyne reid foundaTion we THanK and acKnowledge THe generouS SuPPorT of all our foundaTion memberS and donorS. anonymouS (2)

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 27 SENIOR FELLOW FELLOW anguS mcinneS beTTy bucHanan Jean allen alexander TzanneS aSSociaTeS dr STePHen mcnamara anTHony bucKley am PTy lTd wr arnoTT barbara mcnulTy obe roSlyn burge emeriTuS ProfeSSor allen baldicK millie millS Joyce burnard dereK J anderSon am dr cHarleS S barneS caroline minogue PaTricK r burneTT dr gae anderSon blacK & wHiTe commiTTee barbara mobbS gregory K burTon Sc marK andrewS dr Kevin f bleaSel ao & neil moore bn buTler david w anSTice marianne bleaSel PeneloPe nelSon JoHn byron franceS aSPinall denniS bluTH marion & ray nicolSon THe Hon. JuSTice Joe camPbell arTHur auSTin yvonne bucHanan may gwenneTH m PearSon Joan camPbell lucy banTermaliS cadry’S Handwoven rugS caTHerine g Percy roSemary carricK Jim barreTT THe caledonia foundaTion THe Hon. dr rodney n PurviS am qc marK caruana ProfeSSor anTony baSTen william l cHaPman ao faa fTSe maxine ricH JoSePH caTanzariTi wendy e clarKe JoSePHine baSTian elizabeTH SalKeld KaTe caTo JoHn cleary KeiTH l benneTT marian Seville eileen cHanin SHirley colleSS ron beSlicH dr Jeffrey a Siegel fredericK cHilTon ray & June cooPer william d blacKSHaw KenneTH g SmiTH dr elizabeTH clarK doroTHy craig roSemary & Julian blocK PaTricia SmiTH SS clarK Sam & JaneT cullen arTHur w bragg david STaPleS ProfeSSor JoHn cleverley rowena danziger am & Ken coleS am maxine brodie ian & maiSy STaPleTon clive lucaS STaPleTon & ParTnerS micHael S diamond am mbe dr alex byrne eve STenning ProfeSSor ricHard clougH am emeriTuS ProfeSSor STePHanie caddieS william P Sweeney Tullio cofranceSco dexTer dunPHy am alan J cameron ao marK r Tarmo Pam connor HuberT & doroTHy-Joy eaST dr JoHn cHriSTian ao & THe cox grouP dr warwicK coombeS THe Hon. JuSTice Helen cHriSTian am rae elSe-miTcHell cmg qc ian & valerie THom ann & bruce corleTT dr cHriSToPHer w clarKe Suzanne falKiner TruST comPany of auSTralia limiTed Kay cox PHilliP cornwell edward gilly dr JoHn vallance debby cramer aliSon cox oam laurence Halloran cHriSToPHer vaSSall clive H craven clive craven Harry Howard TruST emeriTuS ProfeSSor PeTer l crozier aliSon crooK ao elizabeTH webby am dereK HeaTH & Prue HeaTH cHarleS curran ac & e curran ricHard dinHam JoHn b wHiTTle Henry ParKeS foundaTion PaTricia ar dale oam HugH & franceS dixSon Ken w wilder oam ray HySloP oam rfd ricHard Jw d’aPice am JoHn doyle am & ruTH doyle dr dianne e wiley margareT a JoneS rowan darKe JoHn dunloP dr derricK f woodHouSe deSPina KalliniKoS & rebecca davieS ProfeSSor barry g wren am & iPHygenia KalliniKoS JayaTi duTTa dr ricHard o day loloma wren cHriSTina Kennedy Jean edgecombe oam dr marie m de lePervancHe anonymouS (83) aSSociaTe ProfeSSor JoHn elderSHaw alberT b de quincey beverley KingSTon david g fairlie valmai de TorreS gilleS T Kryger brian c france am & PHiliPPa france MEMBER maTTHew devine naTHalie KulaKowSKi HeaTHer adamS marion freidman dr Jennifer dew roSlyn g mcdonald luger Jan aiTKin ProfeSSor gl gilberT ruTH J dolman THe Hon. JuSTice roberT mcdougall TimoTHy allen david m gonSKi ac anne doran media moniTorS auSTralia roSemary allen Jeffrey a goSS murray doyle JameS S millner THe Hon. JuSTice JameS allSoP geoffrey r graHam THe Hon. JuSTice ricHard f edmondS dr KenneTH neale & Helen neale Jenny allum beaTrice gray dr anne egginS bP nolan Kevin J aPTHorPe PeTer gray PeTer J evanS THe Hon. marla Pearlman ao lyneTTe arcidiacono david green JudiTH evill debra PinKerTon cHriSToPHer arnoTT oam THe Hon. JuSTice ian v gzell micHael eyerS am Sandra Plowman aSHer Joel media grouP PTy lTd THe Hon. JuSTice Kr Handley ao & caPTain JoHn faulKner am & adrian & PHiliPPa Poole d m Handley elSa aTKin Sandra faulKner THomaS c Powell ian HarPer am & roSemary HarPer arTHur w auSTin Kevin T fennell PSm JoHn b reid ao Jennifer HarriS eve bagnall dr elizabeTH fleTcHer THe rodney & JudiTH o’neil roberT HarT-JoneS dr leSley baKer dr ga fleTcHer foundaTion dr JoHn HolT Helen banTermaliS dr Jill m forreST am ProfeSSor emeriTa Jill roe ao dr ronald HougHTon angela barKer Jennifer J forSTer eJg ruSSell bruce HudSon franK barneS george foSTer aliSon STePHen lady Joel dr STePHen barraTT allan wJ fowler mary STenning Paul JoneS Karen barreTT cHriSTine fraSer goldie STernberg emeriTuS ProfeSSor colin J baSKerville JeaneTTe frencH roSaline Tam dame leonie Kramer ac dbe marcia baSS emlyn norman garland Taylor’S wineS JameS e layT am KeiTH l benneTT ProfeSSor JoHn gaScoigne Sue THomaS alan legge JoHn & Jennifer berryman david gaunT breT walKer Sc JoSef lebovic & Jeanne lebovic Paul binSTead ProfeSSor donald & william Td ward qc & roSemary eve leiTcH dr roSiTa gibSon barbara bird carolyn a ward colin lennox JoHn gilmour am JoHn blaTTman micHael & vaSHTi waTerHouSe david leSnie dr allan r glanville Ken bloxSom roberT J wHiTe ao dr JoHn m macK am margery glanville PeTer bobbin norTon wHiTmonT george malTby ao & mary malTby libby gleeSon JoHn bolaS Kim williamS am dr Helen marKiewicz ad glover JoHn dm bradSHaw anonymouS (22) robin maTHewS dr Jill gordon Jr & ann c brown Terry g maTTHewS vanda r gould KenneTH S brown anne mccormicK oam & geoffrey J graHam THe Hon. bob brown am dereK mcdonnell Kevin granT malcolm brown KaTHleen l mccredie dr JoHn greenaway am Jim bryanT margareT mccredie

28 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Pauline m griffin am PeTer meurer Jan l veccHio wendy gwyn mary mileS THe Hon. Tom waddell & Library THea waddell graeme HaigH Jane miller JoHn S walTon am Tw HaineS ao llb barbara millonS Visionaries ricHard warburTon ProfeSSor JoHn Ham dr gordon myall SHeila warby eTTa g HamilTon Hal myerS Program caTHerine warne malcolm r HardwicK qc PaTricia J nargar $1,000–$10,000 PER ANNUM ProfeSSor PeTer webber Jean HarT roSemary neville PaTTy aKoPianTz & JuSTin PuncH dr JaneT e weST vicToria a HarTSTein Pauline newell Jenny allum & Terry gagen cHriS weTHerall alexa HaSlingden dr rowan nicKS Karen barreTT dr Judy wHiTe am david nH HaSSall graHam nocK obe roSemary blocK & Julian blocK dr roberT b williamS dr valerie HavyaTT alexander f norwicK PeTer bobbin dr ricHard wing geP HencHman nSw cricKeT aSSociaTion caTHerine brenner & ricHard J b wingaTe Sally Herman dr liSa o’brien PHilliP brenner dr david woodS Sinclair Hill marie g o’brien KaTe caTo Jill wran micHael J HinSHaw o’connell STreeT aSSociaTeS PTy lTd bruce corleTT am neil e wyKeS oam bryan Holliday alexandra oliver PHilliP cornwell dr diana wyndHam robyn HolT ilSe o’reilly PeTer croSSing & Sally croSSing am JoHn wyndHam JoHn a HooKe marianna o’Sullivan & dr J dew & dr n cunio Tony o’Sullivan Julie young andrew l HorSley elizabeTH fleTcHer valerie P PacKer anonymouS (273) Howard Tanner & aSSociaTeS wendy gwyn & rHyS gwyn ben Palmer diana HowleTT alexa HaSlingden & JaneTTe ParKinSon & david HaSlingden david & JudiTH HunT roy fernandez ao Sally Herman THe inSTiTuTion of SurveyorS nSw Jill PaTon (SeniorS grouP) robyn HolT Janine PaTTiSon im JacKman belinda HuTcHinSon am dr gregory Pauline emeriTuS ProfeSSor micHael KaTz & frederique KaTz marJorie JacobS douglaS PeacocKe angela Keel & PeTer Keel aniTa Jacoby THe Hon. ma PembroKe Sc roSlyn mcdonald luger mildred v JenKinS gw PeTTigrew roberT maPle-brown ao & beverley JoHnSon roberT PryKe SuSan maPle-brown dr roberT JoHnSTon eva e Purnell SamanTHa meerS & ricHard Kuo June JoneS barbara quigley dr liSa J o’brien caPTain micHael KaminSKi ran (reTd) PaTricia g ranKin david o’Halloran micHael KaTz oliver ricHTer ao & Joy ricHTer alexandra oliver angela Keel lionel robberdS alice arnoTT oPPen oam caSSandra Kelly Jeanne rocKey ilSe o’reilly narelle a Kennedy JoSePH rooney marianna o’Sullivan & Tony o’Sullivan dr JoHn w Kenny roberT w roSe rainbow fiSH foundaTion ricHard S KeyworTH Julie roSenberg maxine ricH dr ruSSell KifT alan rydge Julie roSenberg Jeffrey f Kildea aleK Safarian deboraH SouTHon geoffrey m King am THe Hon. gfK SanTow ao anne Sullivan ricHard King margareT ScHonell ian THom & val THom ian KnoP baSil SellerS am rob THomaS & Kyrenia THomaS ricHard laganza wendy b Selman eleanora Triguboff dr Paul P laird elizabeTH SHeard dr JoHn vallance milTon lalaS ron SHeen cHriSToPHer vaSSall dr william land margareT SHePPard Sue warburTon & anne lane JoHn Sneeder ricHard warburTon dr Pd larK ricHard T Somerville anguS wHiTe ricHard legg deboraH SouTHon anonymouS (2) cHriSTine liddy ao beverley STanTon anne liPSon SuSan STeedman wayne l liTTle beverly STeggleS carolyn lowry oam ricHard J STevenS anne macdonald Joy STorie marJory r macdonald anne Sullivan maPle-brown abboTT limiTed cHriSToPHer SundSTrom Ken marKS dr lorelle Swan margareT J maSHford wendy Swinburn THe Hon. Sir anTHony maSon ac Kbe Sydney cricKeT & SPorTS ground TruST PeTer maSon am & c maSon Sydney grammar ScHool JoHn maSTerS anTHony TarleTon dr ian d mccroSSin mildred TeiTler roSemary mccullougH edward f THomaS gabrielle mcdonagH marK a THomaS JoHn & Helen mcdonagH dr mabel Tindal dr robin c mclacHlan SuSan TomPKinS bruce d mclaren Paul Tracey T mcmurray diana vH TreaTT Sd mcnamara Sally Treeby STePHen menzieS eleonora Triguboff ec mereweTHer Pauline Tyrrell

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 29 ProfeSSor gl gilberT dr dianne e wiley maree HuPalo Custodian Jennifer HarriS ProfeSSor barry g wren am ian JacKman dr JoHn HolT anonymouS (26) emeriTuS ProfeSSor marJorie JacobS Program emeriTuS ProfeSSor leonie Kramer ac dbe mildred v JenKinS CUSTODIAN MEMBER $190–$5,000 PER ANNUM JameS e layT am June JoneS HeaTHer adamS CUSTODIAN PRESIDENT dr PHiliP S lingard micHael KaminSKi ran (reTd) Jan aiTKin franciS m HooPer cHriS maxworTHy narelle Kennedy roSemary allen THe Hon. david levine ao rfd qc dr STePHen mcnamara dr JoHn w Kenny STePHen n armSTrong rob THomaS & Kyrenia THomaS barbara mobbS ricHard S KeyworTH franceS T aSPinall Kim williamS am dr marJorie SuTcliffe a/Prof beverley KingSTon PeTer g bailey anonymouS (1) marK r Tarmo ricHard f laganza dr leSley baKer anonymouS (14) dr Paul P laird dr barbara ballanTyne milTon lalaS CUSTODIAN COMMANDER anne c baring dr william land roberT alberT ao rfd rd CUSTODIAN GUARDIAN Jenny benJamin anne lane dr gae m anderSon david w anSTice barbara bird dr Pd larK dr alex byrne lyneTTe arcidiacono JoHn dm bradSHaw dr JoHn lawrence dr maurine goldSTon-morriS oam JoSePHine baSTian arTHur w bragg valerie lHuede am roberT HarT-JoneS Ken bloxSom ann brown anne liPSon JoHn lamble ao STePHanie r caddieS THe Hon. bob brown am THe Hon. Sir anTHony maSon ac Kbe lady loewenTHal ProfeSSor JoHn cleverley malcolm brown JoHn m maSTerS THe Hon. JuSTice ProfeSSor ricHard clougH am Jim bryanT roberT c mcdougall robin maTHewS Ken coleS am & rowena danziger am beTTy bucHanan THomaS c Powell dr ian d mccroSSin dr warwicK coombeS anTHony bucKley am elizabeTH SalKeld roSemary mccullougH dr breTT courTenay Joyce burnard roSaline Tam gabrielle mcdonagH clive craven PaTricK r burneTT roberT J wHiTe ao dr robin c mclacHlan ricHard dinHam gregory K burTon Sc anonymouS (1) STePHen d mcnamara dr HugH dixSon JoHn byron millie millS JoHn a dunloP Joan camPbell JacK miTcHell JayaTi duTTa CUSTODIAN PRINCIPAL JuSTice Joe camPbell dr gordon myall Henry badgery PeTer J evanS roSemary carricK Hal myerS dr cHarleS S barneS micHael eyerS am JoSePH caTanzariTi PaTricia nargar ron beSlicH a/ProfeSSor HamiSH J foSTer S STuarT clarK Pauline newell dr Kevin f bleaSel ao allan r glanville wendy e clarKe alexander f norwicK denniS bluTH geoffrey r graHam anTHony clifford & carole o’brien eileen cHanin ProfeSSor dJ HandelSman Pamela clifford valerie P PacKer william cHaPman dr valerie HavyaTT Tullio cofranceSco Jill PaTon SHirley colleSS bruce HudSon roSemary corK douglaS PeacocKe doroTHy craig ricHard S JenKinS JoHn d corney micHael PembroKe Sc micHael S diamond am mbe beverley JoHnSon Kay cox emeriTuS ProfeSSor roS PeSman Suzanne falKiner Paul JoneS debby cramer Helena PoroPaT brian & PHiliPPa france JoHn KeigHTley PeTer l crozier roberT PryKe Jeffery goSS ricHard King rowan darKe THe Hon. dr rodney n PurviS am qc dereK HeaTH & Prue HeaTH gilleS T Kryger rebecca davieS dr con S reed oam ray HySloP oam rfd naTHalie KulaKowSKi dr ricHard o day Pam regan deSPina KalliniKoS & THe very reverend dr marie m de lePervancHe iPHygenia KalliniKoS graeme lawrence oam Jeanne rocKey valmai de TorreS neil moore alan legge marK roufeil nicHolaS deTTmann dr KenneTH neale & Helen neale roSemary e leiTcH margareT ScHonell clare H docKer debra PinKerTon colin lennox wendy b Selman ruTH dolman Sandra Plowman meryll m macarTHur elizabeTH SHeard anne doran JoHn l SHarPe dr JoHn m macK & vaneSSa macK JoHn Sneeder dr andrew dowe ian & maiSy STaPleTon KaTHleen l mccredie mary SPillane murray doyle milTon wHiTmonT margareT H mccredie beverley STanTon dr alan england anonymouS (3) anguS mcinneS aliSon STePHen david g fairlie Jane miller ricHard J STevenS Kevin T fennell PSm PeneloPe nelSon cHriSToPHer SundSTrom CUSTODIAN LEADER laurie ferguSon mP roSemary neville wendy Swinburn emeriTuS ProfeSSor Jennifer forSTer dereK J anderSon am THe Hon. mr JuSTice barry o’Keefe anTHony TarleTon allan wJ fowler am (reT) marK e andrewS dr mabel Tindal emlyn norman garland gwenneTH m PearSon THe Hon. franca arena am Paul Tracey JoHn gilmour am caTHerine g Percy elSa aTKin diana TreaTT JoHn giSSing gw PeTTigrew arTHur w auSTin Pauline Tyrrell erHard Pg goHl & cHriSTa H goHl barbara quigley ProfeSSor Tony baSTen ao faa fTSe Jan veccHio dr Jill gordon PaTricia grimwade ranKin maxine brodie SHeila warby geoffrey graHam lionel robberdS alan J cameron ao emeriTuS ProfeSSor dr JoHn greenaway am bob roSe elizabeTH webby am dr JoHn cHriSTian ao & Pauline m griffin am Helen cHriSTian am dr Jeffrey a Siegel dr JaneT weST ProfeSSor JoHn Ham dr cHriSToPHer w clarKe aH SlaTer qc dr Judy wHiTe am eTTa g HamilTon PHilliP cornwell PaTricia m SmiTH ricHard wingaTe malcolm HardwicK aliSon cox oam bill Sweeney dr donald wrigHT gaye HarT am SaraH dingwell ian THom neil wyKeS Jean HarT JoHn doyle am & ruTH doyle nancy TucK anonymouS (78) micHael HinSHaw JoHn elderSHaw william dT ward qc & carolyn a ward andrew l HorSley marion freidman

30 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION The Library

Circle state library of NsW foundation Jean allen dr gae anderSon Ken bloxSom Trustees’ report & Helen breeKveldT Pam connor dr anne egginS financial statements marilyn endlein diane finlay as at 30 June 2012 Pauline m griffin am Kevin HewiTT lawrence HincHliffe david JacKSon ruTH Kerr oam ricHard f laganza beryl J lewiS JP Howard J lewiS ian mclacHlan millie millS david STaPleS Joy STorie nancy TucK dr diana wyndHam JoHn wyndHam anonymouS (3)

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 31 32 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 33 34 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Board reportSTATE LIBRARY OF NEW SOUTH WALES FOUNDATION for the year endedBOARD 30 REPORT June 2012 FOR THE YEAR ENDED 30 JUNE 2012

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 2012.

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 NSW Treasury Managed Fund Scheme of self insurance for Government agencies.

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

• Patty Akopiantz • Paul Binsted • Graham Bradley AM • Dr Alex Byrne • Peter Crossing • Sally Herman • Robyn Holt • Belinda Hutchinson AM • Samantha Meers • John Mullen • Maxine Rich • Robert Thomas • Dr John Vallance

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

• Elsa Atkin • Graham Bradley AM • Richard Fisher AM • Robert Thomas • Dr John Vallance

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 35 Board reportSTATE LIBRARY OF NEW SOUTH WALES FOUNDATION BOARD REPORT for the year endedFOR THE YEAR 30 ENDED June 30 JUNE 2012 2012

Objects The Constitution established the State Library of New South Wales Foundation as a Charitable Trust which is held by the Trustees and has objects set out in clause 10: (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. (b) to attract and retain for the Library the continuing interest and financial support of the community at large; (c) to attract and encourage donations, gifts, bequests, endowments, trust and other forms of financial assistance to or for the benefit of the Library; (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 importance and which would be obtained and/or maintained by the Library within the terms of its charter. (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 improvement of the Library’s collections facilities and operations.

Review and result of operations

Total income for the period was $4,635,000 (2011: $4,293,000) enabling the Foundation to significantly increase its contributions to the Library to $3,868,000 (2011: $3,092,000).

The net result for the period amounted to a deficit of $1,000 (2011: surplus of $362,000).

The Foundation continued to assist the Library by conducting various fundraising activities and managing investments.

Total Grants and Contributions Income was $3,953,000 (2011: $3,324,000).

Donations and sponsorships amounted to $842,000 (2011: $671,000). Bequests amounted to $1,671,000 (2011: $237,000).

In line with the objectives of the Foundation, it was resolved to contribute $3,868,000 to the Library for the year ended 30 June 2012 (2011: $3,092,000).

The Foundation continued with its objectives as follows:

a. develop diversified income streams to provide sustainable financial resources for the Library.

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

c. grow mutually beneficial partnerships and membership programs.

36 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Board report for the yearSTATE ended LIBRARY OF 30 NEW JuneSOUTH WALES 2012 FOUNDATION BOARD REPORT FOR THE YEAR ENDED 30 JUNE 2012

Review and result of operations (continued)

d. administer prestigious fellowships and awards on behalf of the Library.

e. continue to develop the digitisation initiative Discover Collections which provides equitable online services to a variety of audiences both nationally and internationally.

Significant changes in the state of affairs

There were no significant changes in the state of affairs of the Foundation during the year.

Environmental regulation

The Foundation’s operations are not subject to any environmental regulation. The Foundation's operations do not impact the environment in any significant manner.

Events subsequent to balance date

Since 30 June 2012 there has not arisen, in the interval between the end of the 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 Foundation, the results of those operations, or the state of affairs of the Foundation, in subsequent periods.

Likely developments

The Foundation will continue to pursue the principal activities for which it was formed.

Board Members’ benefits

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 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 in which the Board Member has a substantial interest.

Board Members’ indemnification and insurance

As the Foundation is a controlled entity of the Library, the Foundation’s insurances are included with the Library’s insurances through the New South Wales Treasury Managed Fund Scheme of self-insurance for General Government Agencies. Under this scheme, the Board Members are insured for liabilities that may arise from their position with the exception of conduct involving a wilful breach of duty or improper use of information to gain a personal advantage.

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 37 Board reportSTATE LIBRARY OF NEW SOUTH WALES FOUNDATION BOARD REPORT for the year endedFOR THE YEAR30 ENDEDJune 30 JUNE 2012 2012

Governance & meeting attendance

In accordance with the Constitution, the Foundation can have both a Board and Trustees.

Two (2) Trustees meetings were held during the period on the following dates: 20 July 2011, and 15 November 2011. The Board held seven (7) meetings on 14 September 2011, 15 November 2011, 23 November 2011, 2 February 2012, 7 March 2012, 1 May 2012, 13 June 2012.

Member Membership Eligible Meetings Board Trustees Board Trustees Held Attended Held Attended Elsa Atkin X 2 2 Dr Alex Byrne* X X 7 7 2 1 Richard Fisher AM X 2 2 Robert Thomas X X 7 6 2 2

Patty Akopiantz X 7 7 Graham Bradley AM X X 7 4 Paul Binsted X 7 5 Peter Crossing X 7 7 Sally Herman X 7 6 Robyn Holt ** X 7 0 Belinda Hutchinson AM X 7 2 Samantha Meers X 7 4 John Mullen*** X 7 0 Maxine Rich X 7 5 Dr John Vallance X X 7 7

* Dr Alex Byrne joined the Library in September 2011 ** Robyn Holt resigned from the Board in September 2011 *** John Mullen resigned from the Board in December 2011

Signed in accordance with a resolution of the Board:

------Alex Byrne Peter Crossing NSW State Librarian & Chief Executive Chairman of the Board

Dated at Sydney this 2nd day of August 2012

38 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Trustees’ declaration for the yearSTATE ended LIBRARY OF30 NEW June SOUTH WALES2012 FOUNDATION TRUSTEES' DECLARATION FOR THE YEAR ENDED 30 JUNE 2012

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 fair view of the Foundation's financial position as at 30 June 2012 and of its performance as represented by the results of its operations and its cash flows for the period ended on that date;

2. The Financial Statements are prepared in accordance with the provisions of the Public Finance and Audit Act 1983 and Regulation, Australian Accounting Standards and authoritative pronouncements of the Australian Accounting Standards Board;

3. We are not aware of any circumstances which would render any particulars included in the Financial Statements to be misleading or inaccurate;

4. At the date of this declaration, there are reasonable grounds to believe that the State Library of New South Wales Foundation will be able to pay its debts as and when they fall due;

5. The Financial Statements give a true and fair view of the financial results of fundraising activities for the period ended 30 June 2012;

6. The Financial Statements are properly drawn up and the associated records have been properly kept for the period from 1 July 2011 to 30 June 2012 in accordance with the Charitable Fundraising Act 1991 and Regulations where appropriate;

7. The provisions of the Charitable Fundraising Act 1991 and the regulations under that Act and the conditions attached to the authority have been complied with for the period 1 July 2011 to 30 June 2012; and

8. 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 Foundation from any of its fundraising appeals.

9. The Foundation has operated in accordance with its constitution and policies of the Trustees.

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

------

Trustee Trustee

Dated at Sydney this 2nd day of August 2012

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 39 Statement of comprehensiveSTATE LIBRARY OF NEW SOUTH income WALES FOUNDATION for the year Statement ended of comprehensive 30 June income 2012 for the y ear ended 30 June 2012

Consolidated Parent Entity 2012 2011 2012 2011 Notes $’000 $’000 $’000 $’000

Expenses Operating expenses Personnel service expense 3a, 13 546 516 546 516 Other operating expenses 3b 185 250 185 250 Contributions to Library Council of NSW 3c, 13 3,868 3,092 3,868 3,092 Other expenses 3d 37 73 28 73 Total expenses 4,636 3,931 4,627 3,931

Revenue Investment revenue 4a 597 869 597 869 Contributions 4b 3,953 3,324 3,953 3,324 Other revenue 4c 85 100 82 100 Total revenue 4,635 4,293 4,632 4,293

Net result (1) 362 5 362

Other comprehensive income - - - - Total other comprehensive income - - - -

TOTAL COMPREHENSIVE INCOME (1) 362 5 362

The accompanying notes form part of these statements

40 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION StatementSTATE of LIBRARYfinancial OF NEW SOUTHposition WALES FOUNDATION as at 30 June 2012 Statement of financial position as at 30 June 2012

Consolidated Parent Entity Notes 2012 2011 2012 2011 $’000 $’000 $’000 $’000

Assets Current assets Cash and cash equivalents 5 413 920 413 920 Receivables 6 9 48 9 48 Financial assets at fair value through profit or loss 2,7a 1,040 1,000 1,040 1,000 Total current assets 1,462 1,968 1,462 1,968

Non-current assets Financial assets at fair value through profit or loss 2,7b 11,331 10,552 11,331 10,552 Investments 8 - 244 - 244 Total non-current assets 11,331 10,796 11,331 10,796

Total assets 12,793 12,764 12,793 12,764

Liabilities Current liabilities Payables 9 257 233 257 233 Total current liabilities 257 233 257 233

Total liabilities 257 233 257 233

Net assets 12,536 12,531 12,536 12,531

Equity Accumulated fund 12,536 12,531 12,536 12,531 Total equity 12,536 12,531 12,536 12,531

The accompanying notes form part of these statements

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 41 Statement ofSTATE changes LIBRARY OF in NEW equity SOUTH WALES FOUNDATION for the year ended 30 June 2012 Statement of changes in equity for the year ended 30 June 2012

Consolidated Parent Entity Accumulated Accumulated Funds Total Funds Total $’000 $’000 $’000 $’000

Balance as at 1 July 2011 12,531 12,531 12,531 12,531 Equity of subsidiary acquired during the year 6 6 - -

Net result for the year (1) (1) 5 5 Other comprehensive income for the year - - - - Total other comprehensive income - - - - Total comprehensive income for the year (1) (1) 5 5 Balance at 30 June 2012 12,536 12,536 12,536 12,536

Statement of changes in equity for the year ended 30 June 2011

Consolidated Parent Entity Accumulated Accumulated Funds Total Funds Total $’000 $’000 $’000 $’000

Balance as at 1 July 2010 12,169 12,169 12,169 12,169

Net result for the year 362 362 362 362 Other comprehensive income for the year - - - - Total other comprehensive income - - - - Total comprehensive income for the year 362 362 362 362 Balance at 30 June 2011 12,531 12,531 12,531 12,531

The accompanying notes form part of these statements

42 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Statement of cash flows STATE LIBRARY OF NEW SOUTH WALES FOUNDATION for the year ended 30 June 2012 Statement of cash flows for the y ear ended 30 June 2012

Consolidated Parent Entity Notes 2012 2011 2012 2011 $’000 $’000 $’000 $’000

Cash flows from operating activities Payments Personnel services expense (539) (516) (539) (516) Contributions to State Library of NSW (3,150) (3,096) (3,150) (3,096) Suppliers (243) (290) (243) (290) Total payments (3,932) (3,902) (3,932) (3,902)

Receipts Contributions 4,011 3,309 4,011 3,309 Investment income 31 44 31 44 Other 83 100 83 100 Total receipts 4,125 3,453 4,125 3,453

Net cash provided by/used by operating activities 11 193 (449) 193 (449)

Cash flows from investing activities

Proceeds from sale of financial assets at fair value through profit or loss 1,102 910 1,102 910

Purchase of financial assets at fair value through profit or loss (1,382) - (1,382) -

Acquisition of subsidiary (420) - (420) -

Net cash flows from investing activities (700) 910 (700) 910

Net increase (decrease) in cash and cash equivalents (507) 461 (507) 461

Cash and cash equivalents at beginning of financial year 920 459 920 459

Cash and cash equivalents at end of year 5 413 920 413 920

The accompanying notes form part of these statements

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 43 Notes to the financial statements for the yearSTATE ended LIBRARY 30 OF NEW June SOUTH 2012 WALES FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2012

1. Summary of significant accounting policies

(a) Reporting entity

The State Library of New South Wales Foundation (the Foundation) is a controlled entity of the Library Council of New South Wales (the Library). The Foundation which was established on 26 June 1989, is a not-for-profit organisation and has no cash generating units. The reporting entity is consolidated as part of the NSW Total State Sector Accounts.

The Foundation's Trust Deed provides for monetary support for the development of the Australian cultural heritage collections of the Library. The Foundation holds authority to fundraise CFN 14813 until 31 August 2015 under the provisions of the Charitable Fundraising Act, 1991. Throughout the notes to the accounts, activities specifically relating to fundraising are disclosed accordingly.

The Financial Statements for the year ended 30 June 2012 have been authorised for issue by the Trustees on 2 August 2012.

(b) Basis of preparation

The entity’s Financial Statements are general purpose Financial Statements which have been prepared in accordance with:

• the provisions of the Trust Deed of 26 June 1989 • applicable Australian Accounting Standards including Australian Accounting Interpretations • the requirements of the Public Finance and Audit Act, 1983 and Regulation • the Financial Reporting Directions published in the Financial Reporting Code for NSW General Government Sector Entities or issued by the Treasurer and • The requirements of the Charitable Fundraising Act, 1991.

Financial assets "at fair value through profit or loss" are measured at fair value. Other Financial Statement items are prepared on an accrual basis and prepared in accordance with the historical cost convention.

Judgements, key assumptions and estimations that have been made by management are disclosed in the relevant notes to the Financial Statements.

Amounts in the Financial Statements are rounded to the nearest one thousand dollars and are expressed in Australian currency.

(c) Statement of compliance

The financial statements and notes comply with Australian Accounting Standards, which include Australian Accounting Interpretations.

44 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Notes to the financial statements for the STATEyear LIBRARY ended OF NEW 30 SOUTH June WALES 2012 FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2012

1. Summary of significant accounting policies (continued)

(d) Insurance

The entity’s insurance activities are included with the Library's insurance coverage through the NSW Treasury Managed Fund Scheme of self insurance for Government agencies. The expense (premium) is determined by the fund manager based on past claim experience.

(e) Accounting for the Goods and Services Tax (GST)

Revenues, expenses and assets are recognised net of the amount of GST, except that:

i. the amount of GST incurred by the Foundation as a purchaser that is not recoverable from the Australian Taxation Office is recognised as part of the cost of acquisition of an asset or as part of an item of expense; and

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

The net amount of GST recoverable from/payable to the Australian Taxation Office is included as a current asset in the Statement of Financial Position.

Cash flows are included in the cash flow statement on a gross basis. However, the GST components of cash flows arising from investing and financing activities which is recoverable from, or payable to, the Australian Taxation Office are classified as operating cash flows.

(f) Revenue recognition

Revenue is measured at the fair value of the consideration or contribution received or receivable. Additional comments regarding the accounting policies for the recognition of revenue are discussed below.

i. Contributions

Contributions, including donations, sponsorships and bequests, are generally recognised as revenue when the Foundation obtains control over the assets comprising the contributions. Control over contributions is normally obtained upon the receipt of cash.

ii. Rendering of services

Revenue is recognised when the service is provided or by reference to the stage of completion.

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 45 Notes to the financial statements for the year endedSTATE LIBRARY 30 OF June NEW SOUTH 2012 WALES FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2012

1. Summary of significant accounting policies (continued)

(f) Revenue recognition (continued)

iii.. Investment revenue

Interest revenue is recognised using the effective interest method as set out in AASB 139 Financial Instruments: Recognition and Measurement. Imputation tax credits on investment income are recognised as revenue when the application for refund is approved by the Australian Taxation Office. Dividend revenue is recognised in accordance with AASB 118 Revenue when the right to receive the revenue is established.

(g) Assets

i. Cash and cash equivalents

Cash and cash equivalents include cash on hand and deposits held at call with financial institutions and NSW Treasury Corporation.

ii.. Trade and other receivables

Trade and other receivables are non derivative financial assets with 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 any impairment of receivables. Any changes are accounted for in the Statement of Comprehensive Income when impaired, derecognised or through the amortisation process. Short term receivables with no stated interest rate are measured at the original invoice value where the effect of discounting is immaterial.

iii. Investments

i. Financial assets at fair value through profit or loss

Investments are initially recognised at fair value and, in the case of investments not at fair value through profit or loss, transaction costs. The Foundation determines the classification of its financial assets after initial recognition and, when allowed and appropriate, re-evaluates this at each financial year end.

The Foundation subsequently measures investments designated upon initial recognition “at fair value through profit or loss” at fair value. NSW Treasury Corporation (TCorp), manages the Foundation’s investments in accordance with the provisions of the Public Authorities (Financial Arrangements) Act of 1981.

46 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Notes to the financial statements for the yearSTATE LIBRARYended OF NEW30 SOUTH June WALES 2012 FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2012

1. Summary of significant accounting policies (continued)

(g) Assets (continued)

iii. Investments (continued)

ii. Financial assets at fair value through profit or loss (continued)

TCorp’s Hour-Glass Investment Facilities are designated at fair value through profit or loss using the second leg of the fair value option i.e. 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 internally on that basis to the Foundation Trustees and the Library's key management personnel.

The movement in the fair value of the Hour-Glass Investment Facilities incorporates distributions received as well as unrealised movements in fair value and is reported in the line item ‘Investment revenue’.

ii. Impairment of financial assets

All financial assets, except for those measured at fair value through profit or loss, are subject to an annual review for impairment. The Foundation’s only financial assets are valued at fair value through profit or loss, and as a result, do not require an annual review.

iii. Investments in associates

Investments in associates are accounted for using the equity method after initially being recognised at cost. Under this method, the Foundation's share of its associate's post acquisition profits or losses is recognised in the Statement of Comprehensive Income.

(h) Liabilities

i. Trade and other payables

Trade and other payables represent liabilities for goods and services provided to the Foundation. These liabilities 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. Short term payables with no stated interest rate are measured at original invoice amount where the effect of discounting is immaterial.

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 47 Notes to the financial statements for the year endedSTATE LIBRARY 30 OF June NEW SOUTH 2012 WALES FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2012

1. Summary of significant accounting policies (continued)

(h) Liabilities (continued)

ii. Personnel services expense and other provisions

i. Personnel services expense The Foundation does not employ staff nor does it have the capacity to employ staff. The Foundation utilises the personnel services of the Library on an ongoing basis. The personnel services expense is charged by the Library according to services performed. The Foundation has no employee obligations under this arrangement.

ii. Other provisions Other provisions exist when: the entity has a present legal or constructive obligation as a result of a past event; it is probable that an outflow of resources will be required to settle the obligation; and a reliable estimate can be made of the amount of the obligation.

(i) Equity and reserves

i. Accumulated Funds

The category ‘Accumulated Funds’ includes all current and prior period retained funds.

ii. Separate reserve accounts are recognised in the financial statements only if such accounts are required by specific legislation of Australian Accounting Standards (e.g. revaluation surplus).

(j) Comparative information

Comparative amounts are disclosed from year to year to ensure that consistency of presentation is maintained, except when an Australian Accounting Standard requires otherwise.

(k) New accounting standards and interpretation

Certain new accounting standards and interpretations have been published that are not mandatory for 30 June 2012 reporting periods. The following list of new Accounting Standards and Interpretations have not yet been adopted and are not yet effective:

• AASB 9 and AASB 2010-7 regarding financial instruments • AASB 10 Consolidated Financial Statements • AASB 12 Disclosure of Interests in Other Entities • AASB 127 Separate Financial Statements • AASB 128 Investments in Associates and Joint Ventures

48 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Notes to the financial statements for the yearSTATE LIBRARY ended OF NEW 30 SOUTH June WALES 2012 FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2012

1. Summary of significant accounting policies (continued)

(k) New accounting standards and interpretation (continued)

• AASB 2010-10 regarding removal of fixed dates for first time adopters • AASB 2011-7 regarding consolidation and joint arrangements • AASB 2011-9 regarding presentation of items of other comprehensive income • AASB 2011-12 regarding Interpretation 20 • AASB 2011-13 regarding AASB 1049 and GAAP/GFS harmonisation

It is considered that the impact of these new Standards and Interpretations in future periods will have no material impact on the Financial Statements of the Foundation.

2. Reclassification of comparative information

(a) Nature of reclassification

Changes have been made to the classification of certain items in the financial statements. As a result, certain amounts reported for 2011 have been reclassified as set out below. There has been no effect on operating result and net assets.

(b) Summary of reclassified comparative information

(i) Reclassification of Statement of Financial Position Items

Consolidated Parent Entity 2011 2011 2011 2011 Restated Previously Restated Previously reported reported $’000 $’000 $’000 $’000 Current assets Financial assets at fair value through profit or loss 1,000 11,552 1,000 11,552 Non-current assets Financial assets at fair value through profit or loss 10,552 - 10,552 - Total reclassification of Statement of Financial Position items 11,552 11,552 11,552 11,552

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 49 Notes to theSTATE financial LIBRARY OF statementsNEW SOUTH WALES FOUNDATION for the year endedNOTES 30 TO THE June FINANCIAL 2012 STATEMENTS FOR THE YEAR ENDED 30 JUNE 2012

2. Reclassification of comparative information (continued)

(b) Summary of reclassified comparative information (continued)

(ii) Reclassification of Statement of Cash Flows items

Consolidated Parent Entity 2011 2011 2011 2011 Restated Previously Restated Previously reported reported $’000 $’000 $’000 $’000 Investment income 44 764 44 764 Purchase of financial assets at fair value through profit or loss - (720) - (720) Total reclassification of Statement of Cash Flows items 44 44 44 44

(c) Reason for the reclassification

The reclassification has been undertaken to ensure the Foundation is classifying all Statement of Financial Position items and Statement of Cash Flows items consistently with the requirements of the TPP 12-01 Accounting Policy: Financial Reporting Code for NSW General Government Sector Entities Policy & Guidelines Paper and related Accounting Standards.

50 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Notes to the financial statements for the yearSTATE ended LIBRARY OF 30 NEW June SOUTH WALES 2012 FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2012

Consolidated Parent Entity 2012 2011 2012 2011 $’000 $’000 $’000 $’000 3. Expenses

a. Personnel service expense Library service charge 546 516 546 516 546 516 546 516 b. Other operating expenses (i) Direct fundraising expenses Professional fees - 2 - 2 Printing & advertising 6 5 6 5 Catering for fundraising activities 9 10 9 10 Other expenses 1 - 1 - Total Direct fundraising expenses* 16 17 16 17

(ii) Indirect expenses Audit of financial statements 15 21 15 21 Contracting fees - 4 - 4 Postage and printing 18 15 18 15 Maintenance 4 27 4 27 Professional fees 12 - 12 - Fees for service 31 84 31 84 General Expenses 89 82 89 82 Total indirect expenses 169 233 169 233 Total other operating expenses 185 250 185 250

* 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 included as part of total direct cost of fundraising is $210 thousand. The total direct cost of fundraising is $226 thousand (note 17). c. Contributions to Library Council of NSW Contributions for Library projects 3,868 3,092 3,868 3,092 3,868 3,092 3,868 3,092

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 51 Notes to the financial statements for the year endedSTATE LIBRARY 30 June OF NEW SOUTH2012 WALES FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2012

Consolidated Parent Entity 2012 2011 2012 2011 $’000 $’000 $’000 $’000 3. Expenses (continued) d. Other expenses Miscellaneous expense 9 - - - Loss of investment in subsidiary 28 73 28 73 37 73 28 73

During the year, the balance of the shares in Max Dupain & Associates Pty Ltd was acquired by the Foundation. See Note 8 (Investments). For reporting purposes, the consolidated financial statements include revenue of $3 thousand and expenditure of $9 thousand of the company.

4. Revenue a. Investment revenue Interest received 29 43 29 43 Gain on purchase of subsidiary 27 - 27 - Share of net profit of Associate 1 - 1 - Distribution from TCorp Hourglass 691 720 691 720 Gains/(losses) on financial assets at fair value (151) 106 (151) 106 597 869 597 869

b. Contributions (i) Fundraising Donations 786 486 786 486 Sponsorships & Partnerships 56 185 56 185 Campaign revenue for Discover Collections project 440 416 440 416 1,282 1,087 1,282 1,087

(ii) Corporate donation 1,000 2,000 1,000 2,000 1,000 2,000 1,000 2,000

52 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Notes to the financial statements for the yearSTATE ended LIBRARY OF 30 NEW JuneSOUTH WALES 2012 FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2012

Consolidated Parent Entity 2012 2011 2012 2011 $’000 $’000 $’000 $’000

4. Revenue (continued) (iii) Bequest income Bequests 1,671 237 1,671 237 1,671 237 1,671 237

Total contributions 3,953 3,324 3,953 3,324

The corporate donation referred to above is a single donation made over the two years to assist with the acquisition of a major collection item.

c. Other revenue Subscriptions 64 63 64 63 Miscellaneous 3 21 - 21 Refunds 18 16 18 16 85 100 82 100

5. Cash and cash equivalents Cash at bank and on hand 321 96 321 96 TCorp – at call 92 824 92 824 Balance as per statement of cash flows 413 920 413 920

The Foundation has a tape negotiation authority of $2 million (2011: $2 million). This facility authorises the bank to debit the Foundation's operating account up to the above limit when processing the electronic vendor payments.

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 53 Notes to the financialSTATE LIBRARY statements OF NEW SOUTH WALES FOUNDATION for the year endedNOTES 30 TOJune THE FINANCIAL 2012 STATEMENTS FOR THE YEAR ENDED 30 JUNE 2012

Consolidated Parent Entity 2012 2011 2012 2011 $’000 $’000 $’000 $’000 6. Receivables Trade receivables - 44 - 44 Library Council of NSW 8 - 8 - Other debtors 1 3 1 3 Accrued interest - 1 - 1

9 48 9 48

7. Financial assets at fair value through profit or loss a. Current assets - TCorp Hour- Glass Medium Term Facility 1,040 1,000 1,040 1,000 1,040 1,000 1,040 1,000

b. Non-current assets - TCorp Hour- Glass Medium Term Facility 11,331 10,552 11,331 10,552 11,331 10,552 11,331 10,552

Total financial assets at fair value through profit or loss 12,371 11,552 12,371 11,552

c. Reconciliation Carrying amount at the beginning of 11,552 11,637 11,552 11,637 the financial year Additions 2,072 720 2,072 720 Disposals (1,102) (911) (1,102) (911) Fair value gain/(loss) of financial assets at fair value through profit or loss (151) 106 (151) 106 Carrying amount at the end of the financial year 12,371 11,552 12,371 11,552

54 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Notes to the financial statements for the yearSTATE ended LIBRARY OF 30 NEW JuneSOUTH WALES 2012 FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2012

Consolidated Parent Entity 2012 2011 2012 2011 $’000 $’000 $’000 $’000 8. Investments Investment in associates - 244 - 244 - 244 - 244

In June 2011 the Foundation was a one third shareholder in Max Dupain & Associates Pty Ltd (MDAA) as a result of a donation received in June 2007. During the 2012 financial year the Library Foundation purchased the remaining two thirds shareholding of the company. The company was liquidated and the Max Dupain photographic collection acquired by the Foundation was subsequently contributed by the Foundation to the Library collection.

Reconciliation Carrying amount at the beginning of the financial year 244 317 244 317

Investment Adjustment - (73) - (73)

Acquisition of 2/3 shares of MDAA 420 - 420 - Contribution of MDAA Collection Assets to Library Council (664) - (664) - Carrying amount at the end of the financial year - 244 - 244

9. Payables Library Council of NSW 218 183 218 183 Other creditors - 1 - 1 Accrued Creditors 39 49 39 49 257 233 257 233

10. Restricted assets The Foundation has assets valued at $9,526 thousand (2011: $8,495 thousand) received from bequests and contributions with special conditions in the documents. These assets have been 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 through the Foundation.

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 55 Notes to the financial statements for the year endedSTATE LIBRARY 30 June OF NEW SOUTH 2012 WALES FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2012

Consolidated Parent Entity 2012 2011 2012 2011 $’000 $’000 $’000 $’000 11. Reconciliation of cash flows from operating activities to net result Net cash used on operating activities 193 (449) 193 (449) Contribution of Max Dupain photographic collection to Library Council of NSW (664) - (664) -

Gain/(Loss) on investments 533 826 539 826 Increase/(Decrease) in receivables (39) 5 (39) 5 Increase/(Decrease) in investments in associates - (73) - (73) (Increase)/Decrease in payables (24) 53 (24) 53

Net result (1) 362 5 362

12. Financial instruments and risk management

The Foundation's principal financial instruments, which are identified below, arise directly from the Foundation's operations or are required to finance the Foundation's operations. The Foundation 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 Corporation (TCorp).

The Foundation's main risks arising from financial instruments are outlined below together with the Foundation's policies for measuring and managing risk. Further qualitative and quantitative disclosures are included throughout these financial statements.

The State Librarian & Chief Executive, Library Council and Audit & Risk 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 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.

56 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Notes to the financial statements for the yearSTATE endedLIBRARY OF 30NEW SOUTH June WALES 2012 FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2012

12. Financial instruments and risk management (continued)

a. Financial instruments categories

Consolidated Parent Entity Carrying Amount Financial 2012 2011 2012 2011 Instrument Note Category $’000 $’000 $’000 $’000 Categories

Financial Assets Class Cash and cash equivalents 5 N/A 413 920 413 920 Loans and receivables Receivables 6 (at amortised cost) 9 48 9 48 Financial assets at At fair value through fair value** 7a,7b profit or loss 12,371 11,552 12,371 11,552 Investment – Equity 8 N/A - 244 - 244

Financial Liabilities Class Financial liabilities measured at Payables 9 amortised cost 257 233 257 233

** The average rate of return for financial assets at fair value held in the TCorp Hour-Glass Investment Facility for the 2012 year was 4.261% (2011: 7.138%).

b. Credit risk

Credit risk arises where there is the possibility of the entity's debtors defaulting on their contractual obligations, resulting in a financial loss to the entity. Credit risk can also arise from the financial assets of the entity, including cash, receivables, Hour-Glass investment facilities and authority deposits. The entity's maximum exposure to credit risk is represented by the carrying amounts of the financial assets included in the Statement of Financial Position. Credit risk associated with the Foundation's financial assets is regarded as minimal as the counterparty of the entity's main financial assets is NSW Treasury Corporation. The risk of default is minimised as the entity is subject to effective performance management and monitoring by the NSW Government.

Cash

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.

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 57 Notes to the financial statements for the year endedSTATE LIBRARY 30 June OF NEW SOUTH 2012 WALES FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2012

12. Financial instruments and risk management (continued).

b. Credit risk (continued)

Receivables

There is no financial asset that is past due or impaired as at 30 June 2012.

Authority Deposits

The entity has placed 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 for a fixed term. For fixed term deposits, the interest rate payable by TCorp is negotiated initially and is fixed for the term of the deposit, while the interest rate payable on at call deposits can vary, the deposits at balance date were earning an average interest rate of 3.45% (2011: 4.70%), while over the year the weighted average interest rate was 4.63% (2011: 4.50%) on a weighted average balance during the year of $0.5 million (2011: $0.4 million). None of these assets are past due or impaired.

c. Liquidity risk

Liquidity risk is the risk that the entity will not be able to meet its payment obligations when they fall due. The entity continually manages this risk through monitoring its cash flows and maintaining sufficient cash and cash equivalents to meet projected outgoings. The entity's exposure to liquidity risk is considered insignificant based on the data from prior periods and the current assessment of risk.

The liabilities are recognised for amounts due to be paid in the future for goods or services 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 rendered invoice. For other suppliers, if trade terms are not specified, payment is made no later than the end of the month following the month in which an invoice or a statement is received. For small business suppliers, where payment is not made within the specified time period, simple interest must be paid automatically unless an existing contract specifies otherwise. For payments to other suppliers, the Head of an authority (or a person appointed by the Head of an authority) may automatically pay the supplier simple interest. The rate of interest applied during the year was 12.62% (2011 nil).

The table below summarises the maturity profile of the entity’s financial assets and liabilities, together with the interest rate exposure.

58 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Notes to the financial statements for the yearSTATE ended LIBRARY OF 30 NEW JuneSOUTH WALES 2012 FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2012

12. Financial instruments and risk management (continued)

c. Liquidity risk (continued) Consolidated/ $‘000

Parent Entity Interest Rate Exposure Maturity Dates 2012 Nominal Fixed Variable Non- < 1 1-5 > 5 Amount Interest Interest Interest Year Years Years Rate Rate Bearing Financial Assets

Cash 413 413 413 Receivables 9 9 9

Financial Assets - current 1,040 1,040 1,040

Other financial Assets – non current 11,331 11,331 11,331

Financial Liabilities Payables 257 257 257

Consolidated/ $‘000

Parent Entity Interest Rate Exposure Maturity Dates 2011 Nominal Fixed Variable Non- < 1 1-5 > 5 Amount Interest Interest Interest Year Years Years Rate Rate Bearing Financial Assets

Cash 920 920 920

Receivables 48 48 48

Other financial Assets – current 1,000 1,000 1,000 Other financial Assets – non current 10,552 10,552 10,552 Investment - Equity 244 244 244

Financial Liabilities

Payables 233 233 233

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 59 Notes to the financial statements for the year endedSTATE LIBRARY 30 June OF NEW SOUTH 2012 WALES FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2012

12. Financial instruments and risk management (continued)

d. Market risk

Market risk is the risk that the fair value or future cash flows of a financial instrument will 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.

Interest risk

Consolidated/ -1% -1% 1% 1% Parent entity Carrying 2012 Amount Profit Equity Profit Equity $'000 $'000 $'000 $'000 $'000

Financial assets Cash and cash equivalents 413 (4) (4) 4 4

Receivables 9 - - - - Financial assets at fair value 12,371 (124) (124) 124 124

Financial liabilities

Payables 257 - - - -

-1% -1% 1% 1% Consolidated/ Carrying Parent entity Amount Profit Equity Profit Equity 2011 $'000 $'000 $'000 $'000 $'000

Financial assets Cash and cash equivalents 920 (9) (9) 9 9

Receivables 48 - - - - Financial assets at fair value 11,552 (116) (116) 116 116

Financial liabilities

Payables 233 - - - -

60 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Notes to the financial statements for the yearSTATE ended LIBRARY OF 30 NEW JuneSOUTH WALES 2012 FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2012

12. Financial instruments and risk management (continued)

d. Market risk (continued)

Other price risk – TCorp Hour-Glass Facilities

The entity is exposed to price risk primarily through its investment in the TCorp Hour- Glass investment facilities, which are held for strategic rather than trading purposes. The entity has no direct equity investments. The entity holds units in the following Hour-Glass investment trusts.

Consolidated/ Parent Entity Investment Investment 2012 2011 Facility Sectors Horizon $'000 $'000

Cash, money market Cash facility instruments Up to 1.5 years 92 824 Cash, money market instruments, Australian bonds, listed property, Medium-term Australian and growth facility international shares 3 years to 7 years 12,371 11,552

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.

NSW TCorp is trustee for each of the above facilities and is required to act in the best 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 risks of each facility in accordance with a mandate agreed by the parties. However, TCorp acts as manager for part of the Cash and Strategic Cash Facilities and also manages the Australian Bond portfolio. A significant portion of the administration of the facilities is outsourced to an external custodian.

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.

NSW TCorp provides sensitivity analysis information for each of the Investment facilities, using historically based volatility information collected over a ten year period, quoted at two standard deviations (i.e. 95% probability). The TCorp Hour-Glass Investment facilities 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 the percentage change in unit price (as advertised by TCorp) multiplied by the redemption value as at 30 June each year for each facility (balance from Hour-Glass statement).

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 61 Notes to the STATEfinancial LIBRARY OF statements NEW SOUTH WALES FOUNDATION for the year endedNOTES 30 TO THEJune FINANCIAL 2012 STATEMENTS FOR THE YEAR ENDED 30 JUNE 2012

12. Financial instruments and risk management (continued)

d. Market risk (continued)

Other price risk – TCorp Hour-Glass Facilities

Impact on profit/loss

Consolidated/Parent Entity Change in 2012 2011 Facility unit price $'000 $'000 Hour-Glass Investment - Cash facility +/-1% 1/(1) 82/(82) Hour-Glass Investment - Medium-term growth facility +/-1% 124/(124) 116/(116)

e. Fair value compared to carrying amount

Financial instruments are generally recognised at cost, with the exception of the TCorp Hour-Glass facilities, which are measured at fair value. The value of the Hour-Glass Investments is based on the entity’s share of the value of the underlying assets of the facility, based on the market value. All of the Hour-Glass facilities are valued using ‘redemption’ pricing.

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.

f. Fair value recognised in the statement of financial position

The entity uses the following hierarchy for disclosing the fair value of financial instruments by valuation technique:

• Level 1 – Derived from quoted prices in active markets for identical assets/liabilities. • Level 2 – Derived from inputs other than quoted prices that are observable directly or indirectly. • Level 3 – Derived from valuation techniques that include inputs for the asset/liability not based on observable market data (unobservable inputs).

Consolidated/ Parent Entity 2012 Financial assets Level 1 Level 2 Level 3 Total at fair value $’000 $’000 $’000 $’000 TCorp Hour-Glass Investment Facility 12,371 12,371

Total 12,371 12,371

(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 2012.

62 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Notes to the financial statements for the yearSTATE LIBRARY ended OF NEW 30 SOUTH June WALES 2012 FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2012

13. Related parties

Transactions with related parties (Library Council of NSW) of $4,414 thousand (2011: $3,608 thousand) represent the contributions of $3,868 thousand (2011: $3,092 thousand) and personnel services expense of $546 thousand (2011: $516 thousand) to the Library Council of NSW and other expenses of nil (2011: $73 thousand) in related to Max Dupain and Associates. At balance date, the entity has a receivable of $8 thousand (2011: Nil) and a payable of $218 thousand (2011: $183 thousand) with related parties.

14. Contingent assets and liabilities

The Foundation has no material contingent assets or contingent liabilities as at 30 June 2012, (2011: Nil).

15. Commitments

The Foundation's commitments as at 30 June 2012 are nil (2011: Nil).

16. After balance date events

The Foundation has not identified any event or transaction that is sufficiently material to require adjustment or disclosure in the Financial Statements.

17. Disclosure under Charitable Fundraising Act 1991

Fundraising appeals conducted by the Foundation during the year included 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; therefore, only parent entity income and expenditure are disclosed below. Comparisons of certain monetary figures and percentages in accordance with the requirements of the Charitable Fundraising Act 1991 are set out below:

2012 2011

Parent Entity $’000 $’000

Result of fundraising appeals Aggregate gross income from fundraising (note 4b (i)) 1,282 1,087 Less: Total direct cost of fundraising (note 3a &3b (i)) (226) (225) Net surplus from fundraising 1,056 862

STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 63 Notes to the financial statements for the year endedSTATE LIBRARY 30 OF June NEW SOUTH 2012 WALES FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2012

17. Disclosure under Charitable Fundraising Act 1991 (continued)

Parent Entity 2012 2011 Total costs of fundraising/aggregate gross income from fundraising 226/1,282 18% 225/1,087 21% Net surplus from fundraising/aggregate gross income from fundraising 1,056/1,282 82% 862/1,087 79%

Total cost of services provided/total expenditure 226/4,627 5% 225/3,931 6% Total costs of services provided/total gross income received 226/4,632 5% 225/4,293 5%

There is no information of a material matter or occurrence to report.

Fundraising income includes donations, sponsorships and funds raised for Discover Collections digitisation. Where funding is received for specific projects, these projects may not be completed by the end of the year in which the funds are received. A balance of unspent funds of $814 thousand for projects not completed by 30th June 2012 is represented by cash, cash equivalents and TCorp Hourglass investment facilities. End of audited financial statements End of audited financial statements

64 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION Notes to the financial statements for the year ended 30 June 2012

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STATE LIBRARY OF NSW FOUNDATION 2011–12 Annual Report 65 66 2011–12 Annual Report STATE LIBRARY OF NSW FOUNDATION

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