STATE LIBRARY OF NSW FOUNDATION BUILDING A STRONG FOUNDATION 2018–19 ANNUAL REPORT

STATE LIBRARY OF NSW FOUNDATION BUILDING A STRONG FOUNDATION 2018–19 ANNUAL REPORT Contents

Celebrating 30 Years! Foldout Executive Reports 1 Governance 4 Foundation Board Members 2018–19 4 Foundation Trustees 2018–19 7 New Galleries and Learning Centre 8 Children’s Library 2019 Annual Appeal 10 Building & Conserving Our Collection 12 Exhibitions 16 Learning 18 Awards 20 Fellowships 24 Friends 28 Bequests & Library Circle 30 Foundation Members & Donors 32 Board Report 37 Trustees’ Declaration & Audited Financial Statements 44 TIMELINE CELEBRATING 30 YEARS! A RICH AND SUSTAINED RECORD OF SUPPORT FROM 1989 2015 papers family Macquarie containing conserved, Macquarie’s Governor manuscripts, journals, diaries 1787–1844 and letterbooks, 1998 papers family Waterhouse and and George (1782—1819) acquired, papers Bass Sarah critical information providing and on the early settlement of NSW exploration JOHN MACARTHUR, C 1850S JOHN MACARTHUR, 2010–13 papers Macarthur family conserved (1789–1930) 2015 Thomas Biennial Coral established, Fellowship deep and encouraging into research focused history culture, Australian and society 1998 which Jean Garling bequest, conservation has supported 20 years over for projects 2010–11 chart of the Indian Navigation — acquired 1677 from Ocean India East the Dutch for produced Joan Blaeu II by Company 1996 from of a letter Purchase and explorer naturalist to Caley George 1795 Sir Joseph Banks, 2010 History Religious Australian supporting established, Fellowship religious Australian into research faith of any history 2014–19 Program, I Commemorative War of World Centenary Personal Interrupted: Life the exhibition featuring of 180,000 I and digitisation War World Diaries from I collections War the World pages from 1995 Fleet of the First Acquisition journal of American/British Nagle sailor Jacob 2010 2010 Out! Treasures Far program Yearly bring to the Bush established to and regional to original material schools NSW remote 2010s INTERIOR OF A TIMORESE HOUSE, KUPANG, HAND-COLOURED ENGRAVING ENGRAVING HAND-COLOURED INTERIOR OF A TIMORESE HOUSE, KUPANG, DU MONDE … 1825 AUTOUR VOYAGE DE FREYCINET FROM LOUIS 2014 acquired, journal and letters de Freycinet Rose the world, around documenting her epic voyage 1817–20

VIEW OF TREVALLYN, 1837, BY CONRAD MARTENS CONRAD BY 1837, VIEW OF TREVALLYN, 1995–96 Landscapes: through Exhibition Journeys & Art Life (1801–1878) Martens Conrad 1990s BO HOLTERMANN (2ND FROM LEFT), RICHARD ORMSBY (2ND FROM LEFT), RICHARD ORMSBY BO HOLTERMANN WITH AND BEYERS (2ND FROM RIGHT), KERR (CENTRE) HOPE MINE, C 1870–1875 OF REEF GOLD FROM STAR Holtermann photographic photographic Holtermann digitised — collection negatives, plate wet 3500 1872–75 2009–11 2013–16 papers family Wentworth including conserved, of the correspondence colonial prominent Wentworth D’Arcy figures Charles and son William Wentworth

2008 Fellowship Mitchell Scott David Scholarship and Merewether encouraging established, using research history Australian collections Library the Mitchell wn copy of the first ‘memorial’ of the first wn copy treeton’s 1894 panoramic view view panoramic 1894 treeton’s t printed illustration and description illustration t printed the earlies the only kno Sir Arthur S of Sydney Harbour and the city skyline of Sydney by Portuguese navigator Pedro Fernández Fernández Pedro navigator Portuguese by the King of Spain on sighting to de Quirós 1607 Australis’, ‘Terra of the Southern Cross constellation by 16th century 16th century by constellation of the Southern Cross c 1516 Corsali, Andrea Italian adventurer

established, the Library’s first first the Library’s Gallery established, Amaze 1929 gallery since new 2018–19 Landmark acquisitions • • • 2012 2005–17 2005–17 and artworks Manuscripts, maps Discovery’ of ‘Voyages to related online digitised and interpreted 1794, SEAS’, THE SOUTH TO JOURNAL OF A VOYAGE FROM ‘A PARKINSON SYDNEY BY MALE AND FEMALE RED KANGAROO IN A LIVERPOOL MALE AND FEMALE RED KANGAROO JW LEWIN TO ATTRIBUTED C 1819, PLAINS LANDSCAPE, 2012 Art Wild Exhibition Lewin: of Australia’s the work featured artist, professional first (1770–1819) Lewin John William 2004–10 by , followed atmitchell.com , enabled Collections Discover digital collection digitisation, interactive management and collections 35 to online access importance of national 1911–14, EXPEDITION, ANTARCTIC AUSTRALASIAN FRANK HURLEY BY PHOTO 2018 building of the Mitchell Transformation Galleries Family with the Michael Crouch Centre Learning and the John B Fairfax 2011 Max Dupain and Associates acquired archive commercial and 2500 negatives — 155,000 of Dupain, a record prints by from built environment Sydney’s 1992 1946 to 2002–12 2002–12 Collection Nelson Meers Heritage a major changing presented collection of iconic exhibition digitisation and supported items access online for 1597–1651, INCOGNITA, TERRA AUSTRALIS HONDIUS HENDRICK BY 2017 and illustrated Online exhibition book on one of the most natural important 19th century by Painting artists: history and Art Life Numbers: The Bauer Ferdinand of 2011 album, Captain James Wallis — containing c 1818, acquired and of Sydney major views history natural Newcastle, and named portraits sketches people of the of the Awabakal region Newcastle PORTRAIT OF MATTHEW FLINDERS, C 1800 FLINDERS, OF MATTHEW PORTRAIT 2001 2001 project Flinders’ for ‘Crewing and funded the conservation of the Flinders archive digitisation the successful and supported Matthew exhibition travelling Voyage Ultimate Flinders: The 2000s BLACK SWAN (CYGNUS ATRATUS), 1790S 1790S ATRATUS), (CYGNUS SWAN BLACK 2011 Collection Derby Dai-ichi Life Tal natural 745 comprising acquired, the from watercolours history in the 2014 displayed 1790s, exhibition Colony Artist 2016 for Award Biennial Mona Brand writers and screen stage women established EXECUTIVE REPORTS X 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION State Librarian’s Introduction

I write this at the end of one of the most successful Machiavelli was completely wrong. years in our Foundation’s history. The Library Fortunately for us, those who love our is exceptionally fortunate in having a great many Library know he was wrong. generous friends; you can learn something of what Our benefactors give us the means to they have done for us over the past year in this participate more fully in our own culture and booklet. It’s no overstatement to suggest that the to gain a better sense of who we are and where transformation currently underway would not we are from. Thanks to them, if we choose to even have begun without them. accept the challenge, we can make sure we Generosity on the scale we are talking about — don’t end up losing touch with our own history and I am thinking as much of the number of our (and by extension our future). TS Eliot wrote benefactors as the amounts they have individually an epitaph for such characters: been able to give — is not without risk. Here were decent godless people No less an authority than Machiavelli certainly Their only monument the asphalt road thought so. ‘There is nothing so self-defeating,’ And a thousand lost golf balls. he observed, ‘as generosity. In the act of practising This annual report is more than a collection it, you lose the ability to be generous, and you of financial accounts. It offers an important end up either poor and despised, or, in seeking opportunity for us to thank our supporters, to escape the poverty which inevitably results prove Machiavelli wrong, and reflect on dozens from generosity, you become greedy and despised.’ of risks which have turned out to be worth taking. It is perfectly sensible, he continues, to give If you are not already a supporter of the away something that does not belong to you — Foundation, I encourage you to consider governments do it all the time. But giving away joining it in its vital work. what is your own, argued Machiavelli, is risky in the extreme. DR JOHN VALLANCE STATE LIBRARIAN

OPPOSITE: IN THE PAINTINGS FROM THE COLLECTION EXHIBITION, PHOTO BY JOY LAI STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 1 Co-Chairs’ Report

As we celebrate the 30th anniversary of the The new galleries were made possible State Library of NSW Foundation we acknowledge through the generous support of the late the strong tradition of benefaction from donors, Michael Crouch AC and Shanny Crouch, with sponsors, Friends of the Library and volunteers. support from the Nelson Meers Foundation and The Library is fortunate to have so many loyal the estate of the late Ruby Faris. We were also donors who support our acquisitions, exhibitions, proud to be contributing donors. fellowships, educational outreach programs and Philanthropic support has also transformed literary initiatives. the way the Library delivers education programs After a fundraising record for the Library last to children. We were delighted with the year, it is gratifying to see philanthropic support completion of the new learning centre, continuing. Total income (including investments) generously supported by John B Fairfax AO, was $5,560,000 compared with $10,674,000 last which gives school groups an unprecedented year. Income from donations, partnerships and opportunity to learn from and engage with our bequests (excluding investment income) was unique collection materials. $4,313,000 compared with $9,624,000 in 2018. Our Annual Appeal raised $480,000 to Importantly, the Foundation maintained its establish a new Children’s Library, furthering our contribution towards key Library projects by commitment to young audiences. This dedicated giving $7,510,000 compared with $7,545,000 area in the Macquarie Street building will bring in 2017–18. our rich children’s literature collection out of The value of the Foundation’s total assets this the stacks and onto public shelves, accessible year was $18,748,000 compared with $21,447,000 to children and their families. last year and the annual rate of return this year One of the most important areas of support on our investments through NSW Treasury this year has been the nearly $500,000 funding Corporation (TCorp) was 6.38% compared towards purchasing three extraordinary with last year’s 5.07%. acquisitions: the earliest printed illustration and It has been a great pleasure to work with our description of the Southern Cross by 16th century State Librarian, Dr John Vallance, and President Italian adventurer Andrea Corsali, c 1516; the only of the Library Council, the Hon George Souris, to known copy of the first ‘memorial’ by Portuguese support their new vision for the Library. John navigator Pedro Fernández de Quirós to the continues to provide inspirational leadership, King of Spain on sighting ‘Terra Australis’, 1607; repositioning the Library to a broader audience and Sir Arthur Streeton’s 1894 panoramic and turning it ‘inside out’. The highlight of the view of Sydney Harbour and the city skyline. year was the completion of our major capital These significant additions to our collection program with the opening of the Michael Crouch will have a lasting impact on the Library. Family Galleries. This has been the greatest period We would like to acknowledge the continuing of transformation in more than 100 years, with the contributions of members of the Foundation Foundation contributing $13,861,000 to this Board and the Trustees: Graham Bradley AM, project. We are delighted to report that our Nicholas Carney, Michael Caulfield, Christine expanded exhibition spaces have not only ensured Holman, Darren Rudd, the Hon George Souris that more of our remarkable collections can be and Jemima Whyte. We take this opportunity presented to the public, but have been successful also to thank retiring board members John Atkin, in enticing wider audiences, which are up over Gai McGrath, Samantha Meers AO and 20% this year. Tony O’Sullivan. Special thanks must go to Samantha Meers from the Nelson Meers Foundation for her longstanding and valued support of the Library and its work over 20 years. We were delighted that Sam and the Nelson Meers Foundation agreed to take over the sponsorship of the important National Biography Award, the only one in Australia, which has attracted record entries and unprecedented media attention.

2 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION From the Director

This year we were pleased to welcome I would like to express my sincere thanks to all new board members Dr Raji Ambikairajah, individual donors, family trusts, Friends of the Sarah Crouch, Jane Garling and Kathy Shand, Library and volunteers who have donated to the and new trustees Robert Cameron AO and State Library Foundation this year. Jane Garling. We also acknowledge the With the assistance of key supporters, we have Foundation team led by the Director, provided critical funding towards landmark Susan Hunt, and express our sincere acquisitions, research fellowships and awards, appreciation for a year of significant and major exhibitions, as well as assisting with achievement. conservation and access to our collections through We look forward next year to the online and regional outreach. completion of the Children’s Library, This has been a particularly strong year, scheduled to open in October 2019, with the focus on completing the new galleries and our new Collection Care laboratory. and learning centre in the Mitchell building, This major facility has been made possible and expanding our public fundraising reach by a significant philanthropic gift from through the Annual Appeal to support a new Mr Len Ainsworth AM. Children’s Library. We sincerely thank all donors and I wish to acknowledge ongoing partnerships supporters for their generosity this year. with the Nelson Meers Foundation, the John As we head into 2019–20 we look forward to Lamble Foundation, the Maple Brown Foundation your continuing support for the Foundation and the Henry Parkes Foundation, supporting as we contribute to the future of the Library important conservation work, digitisation of as a pre-eminent cultural institution and the core manuscript collections, exhibitions, and must-see destination for Sydney. education outreach. I thank the Foundation Board and the Trustees ROB THOMAS AO for their commitment, and Kim Williams AM and KIM WILLIAMS AM CO-CHAIRS Rob Thomas AO for their leadership as Co-Chairs. STATE LIBRARY OF NSW FOUNDATION Their advocacy and enthusiasm have been instrumental in the continuing success of the Foundation. I also thank the Library Executive Areas of support and the State Librarian, Dr John Vallance, ACQUISITIONS & SUPPORTING THE for guidance and support this year. COLLECTION Special thanks must go to our Foundation team, AWARDS & PUBLIC PROGRAMS GALLERIES 11.05% PROJECT 3.43% who have worked very hard this year to engage 77.65% with our supporters and achieve new initiatives for the Library. I would like to acknowledge DIGITAL PROJECTS the dedication of Sarah Miller, our Partnerships 2.74% Manager; Helena Poropat, our Memberships Coordinator; and Alice Tonkinson, FELLOWSHIP & RESEARCH Executive Assistant. 2.05% Thank you to all our supporters for making EXHIBITIONS this year so successful. Your support is invaluable 1.97% in enabling us to preserve, make available and

EDUCATION continue to develop our magnificent collection, 1.12% assist readers and researchers, engage young learners and develop enthralling exhibitions and events.

SUSAN HUNT DIRECTOR STATE LIBRARY OF NSW FOUNDATION

11+32+178A STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 3 Governance

Foundation Board Members 2018–19

Dr Raji John Atkin Graham Bradley Nicholas Carney Michael Caulfield Ambikairajah John Atkin is a professional AM Nicholas Carney is a Michael Caulfield is Dr Raji Ambikairajah company director and is Graham Bradley is a Partner at Herbert Smith a writer, filmmaker, holds a PhD in electrical currently Chairman of the professional company Freehills specialising in musician, composer engineering and spent Australian Institute of director and is currently infrastructure transactions, and theatre director. most of her career in the Company Directors and Non-Executive Chairman including public–private His work includes the technology start-up and Qantas Superannuation of EnergyAustralia partnerships and secondary Peabody Award-winning venture capital sectors. Ltd, and a non-executive Holdings, GrainCorp sales. He is a member of the documentary The Great She is the Chief Executive director of IPH Ltd, and HSBC Bank Australia. University of New South Wall of Iron and the Officer of the tech start-up Integral Diagnostics Ltd He also chairs Virgin Wales Council and the Emmy Award-winning Folo. Before this, she was and Commonwealth Bank Australia International presiding member of the Submarines: Sharks of Steel. the Chief Operating Officer Officers Superannuation Holdings and UNSW Risk Committee. Mr Caulfield wrote, of Women in Banking and Corporation Pty Ltd. Infrastructure NSW He is also a member of produced and directed Finance. Mr Atkin was Managing and is a director of the UNSW Law Dean’s the eight-hour Logie Dr Ambikairajah is an Director of the Trust Tennis Australia. Advisory Council. Award-winning television Ambassador for Room to Company Limited from Mr Bradley was In 2012 Mr Carney series Australians at War. Read, a global non-profit 2009 to 2013 before its previously Managing was awarded a National Along with Liz Butler, organisation that provides merger with Perpetual Director of Perpetual Ltd, Volunteer Award he then conceived the children in low-income Limited. Prior to joining National Managing Partner (Education category) Australians at War Film communities with access the Trust Company, of Ashurst and Partner of for the electorate of Archive, which involved to education. She was he was the Managing McKinsey & Company. Sydney for establishing filming 12,000 hours of Room to Read’s Sydney Partner and Chief He was President of the a scholarship and interviews with veterans Chapter Leader for seven Executive Officer of Business Council of mentoring program of all Australia’s wars. years, when the chapter leading Australasian Australia from 2009 to 2011 between Herbert Smith Mr Caulfield’s books reached 116,480 children law firm Blake Dawson and Deputy President of the Freehills and the Come-In include The Vietnam Years, and was in the (now Ashurst). Takeovers Panel from 2006 Youth Resource Centre. War Behind the Wire and organisation’s top five Before this, Mr Atkin to 2013. He is a member He was Executive Officer The Unknown Anzacs. for fundraising. was a senior mergers and of the Advisory Council of the Human Rights Act He recently produced She is also an acquisitions partner of of the Australian School for Australia campaign Australia’s contribution experienced board Mallesons Stephen Jaques of Business at UNSW (2005–06). to the Vietnam Veterans’ director and is currently (now King & Wood and a director of the Education Center in a non-executive director Mallesons). He is Chairman European Australian Washington DC, and of the Sydney School of of the Australian Outward Business Council. 100 short films for the Entrepreneurship. In 2018, Bound Foundation and federal government to Dr Ambikairajah was Vice Chairman of Outward commemorate the awarded the NSW Women Bound International, Inc. centenary of the First of the Year Award in the World War. He is currently Community Hero category. writing a new work based around the prisoners of the Japanese in the Second World War.

4 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Sarah Crouch Jane Garling Christine Holman Gai McGrath Samantha Meers Sarah Crouch has lived Jane Garling is a lawyer Christine Holman is a As a professional AO most of her life in regional with extensive experience professional company non-executive director, Samantha Meers is NSW, where she has had working as a solicitor in director and currently Gai McGrath sits on various Executive Deputy an active role in sport and dispute resolution. She has non-executive director boards including Genworth Chairman of the other cultural activities. also been engaged over a of three ASX listed boards Mortgage Insurance Nelson Meers Group, Ms Crouch, like her late lengthy period as a lecturer — Blackmores Ltd, Australia, Steadfast Group, and co-founder and father, Michael Crouch AC, in the Faculty of Law at CSR Ltd and WiseTech IMB Bank, HBF Health Trustee of the Nelson has a great passion for Macquarie University Global Ltd — and one Fund, Toyota Finance Meers Foundation. Her history and reading. She and subsequently at the Federal Government Australia and Humanitix. current non-executive was actively involved with University of Technology Business Enterprise, the Before this, she was a senior directorships include Mr Crouch in various Sydney. Moorebank Intermodal executive in the financial Chair of Belvoir St Theatre, initiatives with the Library, In both her commercial Company. She sits on the services sector, a risk and Chair of Documentary including the Amaze and academic roles, her area boards of the Bradman governance professional Australia, Deputy Chair Gallery, the Michael Crouch of interest was the strategic Foundation and the T20 and lawyer. She spent of Creative Partnerships Family Galleries and the management of significant Cricket World Cup. 12 years with the Westpac Australia (Federal National Biography Award. claims to ensure their As a former CFO & Group, where most recently Government), Trustee efficient and appropriate Commercial Director of she was General Manager of the Art Gallery of NSW, resolution, including the Telstra Broadcast Services, of Westpac’s flagship Chair of Brett Whiteley wide-ranging use of Ms Holman brings a deep retail business. Foundation, member of the alternative dispute understanding of legacy Ms McGrath previously Vice-Chancellor’s Advisory resolution initiatives. and emerging technologies, held senior positions with Council at the University An interest in cultural and strategies related to Westpac New Zealand, of Sydney, and member of heritage led to her long- growing businesses and BT Financial Group and the Advisory Council for term involvement with digital transformations. Perpetual and was partner the Centre for Social the Eryldene Trust, During her time in private in a Sydney law firm. Impact at the University a not-for-profit investment management/ She has been awarded of New South Wales. organisation, including private equity, she assisted Australia’s Corporate Previously, Ms Meers membership of its board. management and investee Lawyer of the Year (2003), practised as a corporate Ms Garling is currently companies on strategy, Customer Service lawyer, and then held senior undertaking further studies business development, and Executive of the Year management positions in including research into the mergers and acquisitions. (2009) and Best Retail the media sector. production and exchange of Ms Holman has an Banker of the Year – early Australian colonial art MBA and Post-Graduate Asia Pacific (2015). and its place in the Diploma in Management establishment of from Macquarie University national identity. and is a Graduate of the Australian Institute of Company Directors. She is a member of Chief Executive Women.

STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 5 Foundation Board Members 2018–19 (CONTINUED)

Tony O’Sullivan Darren Rudd Kathy Shand The Hon Rob Thomas AO Tony O’Sullivan has over Darren Rudd is Head of Kathy Shand is the Deputy George Souris (Co-Chair) 30 years’ experience in Corporate Affairs and Chair of Sydney Writers’ AM Rob Thomas is the past financial services and is Public Policy ANZ for Tata Festival and sits on the With a career spanning President of the Library currently the London- Consultancy Services, a board of the Sydney Jewish 34 years in elected office, Council of NSW. He has based Managing Partner global leader in IT services, Museum. She was a judge first in local government over 35 years of experience & Co-Founder Pollination consulting, technology and for the Prime Minister’s for seven years and then in the securities industry. Capital Partners, the digital solutions. He has Literary Awards 2017–18. 27 years in the NSW Mr Thomas is former world’s first global lived and worked in Hong Ms Shand has extensive Parliament, George Souris Chairman of TAL, sustainable investment Kong and China and his experience in publishing has occupied 13 ministerial the Stockbrokers and advisory firm solely career spans management and media, working as the portfolios over three Association of Australia, dedicated to a net zero positions at AT&T, IBM and co-publisher of Australian governments (Greiner, and Heartware emissions future. BHP. Before joining TCS, he Jewish News for 15 years. Fahey and O’Farrell) International Ltd, Before this, he was held lead corporate affairs Her passion for community and a further 13 shadow and a former director Global Managing Director roles with Australia’s has seen her hold non- portfolios in Opposition of Virgin Australia Ltd. and Head of Investment largest national executive positions on including a period as the He is currently Chairman Banking at Lazard. infrastructure company, the the boards of the Royal Parliamentary Deputy of Starpharma Ltd, Mr O’Sullivan was a lawyer National Broadband Hospital for Women Leader and then as Leader Aus Bio Ltd and Grahger with a leading Australian Network, and operations Foundation and the of the National Party. Retail Securities Pty Ltd, law firm before his financial roles at Alcatel-Lucent in Sydney Children’s Hospital Mr Souris started his and a director of O’Connell services career, and spent Asia. Foundation. She has a professional career as an Street Associates Pty Ltd, seven years as a London- Mr Rudd is a member of BA LLB and a Masters accountant in public REVA Medical Limited and based corporate adviser. the advisory boards of Asia of International Relations practice. He is a director Biotron Ltd. He is Co-Chair He is also a Founding Society Australia and the from the University of the Australian Film of the State Library Member of the Australian Australia India Youth of Sydney. Institute | Australian of NSW Foundation. Architecture Association Dialogue. He is a member of Academy of Cinema and a Member of the the India Australia Business and Television Arts, Council of the Serpentine & Community Awards, and the Australian Rugby Gallery in London. an appointee to the Foundation, Racing NSW, Australia Council for the and Destination NSW, Arts Board. He was and is Chair of the NSW President of the Australian Mine Safety Council. Business School (AGSM) He is President of the Alumni in Sydney for eight Library Council of NSW years, and a member of the and a member of its Audit UNSW Business School and Risk Committee. Alumni Advisory Board.

6 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Foundation Trustees 2018-19

Robert Cameron AO (see below)

Michael Caulfield

Jane Garling

Gai McGrath

The Hon George Souris AM

Jemima Whyte Kim Williams AM Robert Cameron Jemima Whyte joined the (Co-Chair) AO State Library of NSW Kim Williams has had a Bob Cameron is a non- Foundation Board in 2015. long involvement in the executive company director She is a journalist at the arts, entertainment and in both the commercial Australian Financial media industries. He has and not-for-profit sectors. Review, and has worked held various executive In 1994 he founded in print and television leadership positions since Centennial Coal Company journalism for more than the late 1970s including Ltd and was its Chief 15 years. Chief Executive at News Executive Officer until 2011 Corp Australia, Foxtel, and Chairman from 2011 to Fox Studios Australia, 2018. He was Chairman the Australian Film of the Australian Coal Commission, Southern Star Association Ltd, NSW Entertainment and Musica Minerals Council, Viva Australia. Australian Coal Research Mr Williams has also Ltd, and ACA Low held numerous board Emissions Technology Ltd. positions (and In 2002 the Australasian chairmanships) in Institute of Mining and commercial and public life Metallurgy awarded over more than three Mr Cameron the Institute decades, including Medal. In 2005 he received Chairman of the Sydney the Hunter Business Person Opera House Trust from of the Year award, and in 2005 to 2013. He is a 2010, the Australian Mining current board member Prospect Award for Most of the Western Sydney Outstanding Contribution University Foundation to Mining. Throughout this Council, Executive time he was also an active Channel, Myer Family participant and leader in Investments, a many community and Commissioner of the educational organisations, Australian Football League including Chairman and the chairman of of Hunter Valley Grammar the Thomson Reuters School and Maitland Founders Share Company. Private Hospital, and Kim Williams is Co-Chair Club President of Rotary. of the State Library of NSW Foundation.

STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 7 NEW GALLERIES & LEARNING CENTRE 8 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION New Galleries & Learning Centre

The Michael Crouch Family Galleries The Foundation is extremely proud to have provided $13,861,000 towards the expansion of the galleries in the Mitchell building — the Library’s largest infrastructure project since the Macquarie Street building was completed in 1988. The new Michael Crouch Family Galleries and the Collectors’ Gallery were launched at an evening event in the Mitchell Library Reading Room on 4 October. On Saturday 6 October more than 6000 enthusiastic members of the public came to enjoy our six new exhibitions, interactive experiences and curated activities during our first open day. The new galleries have almost doubled our gallery space, offering an imaginative showcase for the richest collection on the history, development and culture of Australia. Paintings from the Collection presents more than 300 works from the 1790s to today including portraits, cityscapes and landscapes. The temporary exhibitions were Sydney Elders: The John B Fairfax Continuing Aboriginal Stories, exploring personal Learning Centre stories from four Sydney Elders; #NewSelfWales, the exhibition component of the DX Lab’s The other major highlight was the launch of the community-generated portrait project; John B Fairfax Learning Centre, funded by the Memories on Glass: The Macpherson Family Foundation, at a ceremony on 24 September 2018. Collection, featuring late 19th and early 20th Special guests included students from St Charles century photographs of Sydney; and UNESCO Six, Primary School Waverley, Neutral Bay Public a showcase for the Library’s UNESCO Memory School, and Wanaaring Public School (the most of the World–listed collections. remote school in NSW) via videoconference. The wonderful transformation of the Mitchell We thank John B Fairfax AO for his generosity building and the spectacular ‘salon hang’ in supporting this project. of paintings were made possible through the The new learning centre provides a generosity of some extraordinary individuals contemporary learning environment for K–12 who share our mission to provide free access students and teachers that cannot be provided to the documented history of our state and nation. in the classroom. Designed by architectural firm The Library is indebted to the late BVN, this innovative and flexible space reflects Michael Crouch AC, Shanny Crouch and the voices of young people and educators who their family for the realisation of this were extensively consulted. Entry to the learning extraordinary project. Many thanks centre is through a hidden door and down also to the Nelson Meers Foundation, a magical four metre tunnel. Kim Williams AM and Rob Thomas AO Since opening, more than 5000 students for their generous support of the and teachers have benefited from our curriculum- Collectors’ Gallery. linked learning programs, viewing original materials and learning about Australia’s rich history and literary heritage. The learning centre has also been used for holiday and family programs, welcoming 4000 children and families.

OPPOSITE: LISA MURRAY, CITY HISTORIAN, AT THE MEMORIES ON GLASS: THE MACPHERSON FAMILY COLLECTION EXHIBITION IN THE MICHAEL CROUCH FAMILY GALLERIES, OCTOBER 2018, PHOTO BY JOY LAI ABOVE: A CHILDREN’S TOUR ENTERING THE JOHN B FAIRFAX LEARNING CENTRE, PHOTO BY JOY LAI STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 9 CHILDREN’S LIBRARY 2019 ANNUAL APPEAL 10 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Children’s Library 2019 Annual Appeal

In 2019, we wanted to build on the past year’s The new area in the Macquarie Street transformation of the Library to further expand building will offer access to the best of Australian our audiences and increase access to our and international children’s literature. It will collections and buildings. Our 2019 Annual Appeal complement the John B Fairfax Learning Centre, to support a new Children’s Library was developed which provides opportunities for school visits to bring more children and families into the and school holiday programs. Children and their Library and highlight our important children’s families will have a dedicated area at the Library literature collection. where they can visit at any time and explore the The response to the appeal was extraordinary. joy of reading. First-time supporters joined longstanding We extend our warmest thanks to all donors in contributing more than $480,000. who contributed to this important project. The Foundation succeeded in reaching The Children’s Library will be open to the public members of the general public and Library in October 2019. readers with the appeal, furthering our engagement with the community. The Library’s collection of children’s literature is one of the most significant in Australia. In our stacks we hold manuscripts and illustrations by May Gibbs, Pixie O’Harris, Norman Lindsay, Ethel Turner, Ruth Park, CJ Dennis, Alison Lester, Bronwyn Bancroft and many other well-known authors and illustrators. The new Children’s Library will make it possible to browse these works, and will celebrate this important literary genre.

OPPOSITE: THE GOLDER CHILDREN AT THE LIBRARY, PHOTO BY JOY LAI ABOVE: THE LEONG SISTERS AT THE LIBRARY, PHOTO BY NICK MOIR STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 11 BUILDING & CONSERVING OUR COLLECTION 12 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Building & Conserving Our Collection

Acquisitions Quirós Memorial No 1, 1607 The Foundation is thrilled to have provided support towards the acquisition of Corsali’s Southern Cross Pedro Fernández de Quirós’ Memorial No 1. In 1605 the Portuguese navigator Quirós set sail to A highlight this year was the Foundation’s support discover the great southern land and claim it for for the acquisition of Lettera di Andrea Corsali Spain and the Church. In May 1606, his expedition allo Illustrissimo Signore Duco Iuliano de Medici, reached the islands now known as Vanuatu. Quirós c 1516. landed on the largest island, which he believed to Italian explorer Andrea Corsali sighted what is be part of the southern continent, and named it now known as the Southern Cross constellation Austrialia del Espiritu Santo (the Great South while on a Portuguese voyage to India. He included Land of the Holy Spirit). an illustration of the cross in a letter to his patron, After his return to Spain in 1607, Quirós Giuliano de Medici in Florence. wrote more than 50 memorials addressed to Two months later his letter was reproduced in King Philip III of Spain describing the wonders a small print run distributed privately among the of the lands he had discovered and requesting Medici family. A woodcut of the Southern Cross support for a new expedition to the southern drawing was on the title page. hemisphere. Most of the memorials were Corsali’s original letter has never been found, manuscripts, but 14 were known to have been and until recently only three copies of its early printed at Quirós’ expense between 1607 and 1614 printing were recorded. When a fourth copy for presentation at the Council of the Indies. surfaced last year, the Library was able to acquire These so-called ‘presentation memorials’ — it with the support of the Foundation. This distinguished from later derivative printings — captivating acquisition is a significant addition are among the most significant of all printed to the Library’s collection documenting European Australiana. They played a major role in spurring exploration of the southern oceans. It joins one of further European voyages of discovery which the Library’s other great treasures, a manuscript ultimately led to the colonisation of Australia. copy of the letter, created after the printed version, Memorial No 1 is the earliest printed record of which is on permanent loan from the Bruce and the alleged discovery and plans for the settlement Joy Reid Foundation. OPPOSITE: DETAIL OF ARTHUR STREETON’S of ‘Terra Australis’. Of the 14 known presentation PANORAMIC VIEW OF SYDNEY HARBOUR memorials, only 13 were thought to have survived, AND THE CITY SKYLINE, 1894 there is no known history of another printed copy ABOVE: LETTERA DI ANDREA CORSALI ALLO ILLUSTRISSIMO SIGNORE DUCO of the first memorial. IULIANO DE MEDICI, 1516, SAFE/910/11 PEDRO FERNÁNDEZ DE QUIRÓS, 1854, ARTIST’S IMPRESSION BY CARLOS MÚGICA Y PÉREZ FROM HISTORIA DE LA MARINA REAL ESPAÑOLA STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 13 Streeton’s Sydney Digitisation In April 2019 the Foundation was delighted to support a major new acquisition for the Library’s picture collection by Australian Henry Parkes papers impressionist Arthur Streeton. Panoramic The Henry Parkes collection is the most view of Sydney Harbour and the city skyline, extensive record of a 19th century political 1894, was most likely painted from a high figure held in the Mitchell Library. vantage point near Curraghbeena Point The 180 volumes of Parkes’ papers, (Raglan Street) in Mosman. Looking out from about 1803 to his death in 1896, across Cremorne Point, with Garden Island include personal, family, political and on the left, the Botanic Garden in the centre, business letters and documents. Many and Sydney Cove on the right, it creates a were purchased by David Scott Mitchell vivid impression of the spirit and mood of from Parkes himself, and others were the harbour city. donated by the family. Emily Cecilia Bowden-Smith gave the Sir Henry Parkes is remembered not only painting to her husband, Admiral Nathaniel as a major figure in Australian politics — Bowden-Smith, in 1894 as a memento of his supporting a just and open democratic two years in Sydney as Commander of the Hassall Family papers society — but also as a great advocate for Australian Fleet. It was displayed at a Through the support of the Hassall Family public libraries. function given by Mrs Bowden-Smith at History Group, the Library has embarked Building on earlier support, the Henry Admiralty House on 7 December 1894. The on digitising microfilm of the Hassall Family Parkes Foundation has generously funded Telegraph reported the following day that Papers, making this incredibly rich archive of the digitisation of microfilm copies of the ‘Mr Streeton’s excellent picture of Sydney life in NSW easily accessible on our website. collection. These 54,000 digitised pages [was] painted expressly for our hosts as a Three thousand pages will be added have been added to the catalogue records, souvenir of their (as they are good enough to to the catalogue record for this collection, along with the Allan William Martin Index say) two happy years in Australia’ and which encompasses diaries, letterbooks, to the papers, which comprises 13,000 described it as a ‘living, speaking picture, full agreements and account books relating handwritten index cards. of that fire which is so peculiarly Australian’. to missionary, lay preacher and landholder The painting has remained in private Rowland Hassall (1768–1820), his wife hands until now. It is the first recent Elizabeth (1766–1834) and their acquisition to be hung in the Library’s descendants. The collection is an dedicated picture gallery. The Foundation invaluable resource for researchers thanks the Streeton Panel donors for their studying 19th century NSW. crucial support of this remarkable acquisition.

ABOVE: PANORAMIC VIEW OF SYDNEY HARBOUR AND THE CITY SKYLINE, 1894, BY ARTHUR STREETON, ML 1513 DIGITISING THE STREETON PAINTING, PHOTO BY JOY LAI OPPOSITE: CONSERVATOR KATE HUGHES UNDERTAKING CONSERVATION WORK, 14 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION PHOTO BY JOY LAI Conservation

Collection Care laboratory The Foundation this year received the second of two donations from Len Ainsworth AM in support of a new Collection Care laboratory, which will enable world-class treatment of the Library’s irreplaceable collection and, with state-of-the-art equipment, meet the highest conservation standards. Collection Care ensures that the Library’s collections are available not only to all those who wish to use them now, but are preserved for future generations. In recent years, the volume and complexity of conservation work undertaken at the Library has increased. The collection grows by over 40,000 items each year, spanning many different formats including artworks, practical navigation. It shows remarkably preparation for exhibitions. photography, oral histories, books and accurate sections of the Australia’s western The Garling Conservator led a team of manuscripts. With the doubling of our and northern coastlines, and forms the basis four paper and book conservators to begin exhibition space, more of the collection of most charts produced over the next treating the manuscript ‘A Journal of the is on display than ever before. 100 years until Captain James Cook’s proceedings of His Majesty’s Bark Creating a Collection Care space that Endeavour voyage charted the east coast Endeavour on a voyage round the world meets the needs of our skilled conservators of Australia in 1770. by Lieutenant James Cook’. This major as they undertake preventative and The Tasman Map was purchased in 1891 treatment includes ‘immersion washing’ the restorative conservation work has become by Prince Roland Bonaparte, President pages to address the deterioration of the ink. a critical need. Planning is advanced and the of the Geographical Society of France and More than half the pages have now been Ainsworth Collection Care Laboratory is due grand-nephew of Napoleon. Prince Roland washed, with excellent post-treatment to open in 2020. The State Library thanks intended to give the map to Australia, and results: the paper is stronger and more Len Ainsworth AM for making this major this intention was carried out by his flexible, and the ink more chemically stable. initiative possible. daughter Princess Marie Bonaparte in 1933. The Garling Conservator has also treated To stabilise the map, the Collection Care paper and photographic material for the Tasman map team unframed it from the contemporary exhibitions Dead Central and UNESCO Six With the generous support of the frame and mount, and removed hinge — including First World War manuscripts Lamble Foundation, conservation work papers. They replaced old tissue from and the journals of conservationist was conducted on one of the Library’s most previous repairs with Japanese Gampi paper Myles Dunphy — and a significant valued holdings, the Tasman Map. Hand- tissue, reinforced ridgelines formed by old collection of Ellis Rowan watercolours. drawn on Japanese paper and measuring fold lines, and repaired areas of thinning In a collaboration with the Art Gallery of 73 x 95 centimetres, the Tasman Map support paper. NSW, the Garling Conservator assisted with presents the results of Dutch explorer an analysis of the materials in John Peter Abel Tasman’s two voyages to the southern Garling Conservator Russell’s 1894 portrait of his son, including ocean between 1642 and 1644. XRF analysis of the pigments in the painting. Through the bequest of the late The map may have been drawn as late as Jean Garling, a conservator position was the 1690s — there is no date or cartographer established in the Library’s Collection Care written on it — but it reflects the voyage and team. This year, the Garling Conservator has known geography of the region in 1644. The focused on high-priority conservation detailed wind compasses, sea monsters and treatments, new acquisitions, conservation decorative features indicate that it was used analysis and treatment of items in for display or publication rather than for

STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 15 EXHIBITIONS 16 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Exhibitions

Quick March! Living Language The Foundation provided critical funding for A landmark exhibition celebrating the strength, the development of Quick March! The Children diversity and richness of Aboriginal languages of World War I. The final exhibition in the in NSW was developed with the Foundation’s Library’s suite of First World War commemorative support. Living Language: Country, Culture, programs runs from 16 March to 13 October 2019. Community opened on 13 July 2019 to mark the Built around a remarkable collection of family UNESCO International Year of Indigenous correspondence, Quick March! chronicles the Languages, in partnership with the Australian lives, loves and losses of children whose relatives Institute of Aboriginal and Torres Strait Islander served at the Front. As young adults, many of these Studies (AIATSIS). children went on to serve in the Second World Created with a reference group of language War, just 20 years after the jubilation of the peace custodians, the exhibition shows current year in 1919. efforts to revive language, alongside some The small but powerful exhibition includes of the important early attempts by colonial original letters, postcards, children’s drawings, figures to understand Aboriginal languages. photographs, books, badges, board games and It highlights letters, wordlists and artworks textiles. It also features a recreation of a First in the Library’s collection. World War–era living room, inspired by the In Australia, roughly 90% of the Aboriginal Burrowes family of Rooty Hill. and Torres Strait Islander languages still spoken today are considered endangered, and many communities are doing extraordinary work to protect, promote and pass on their languages. These languages are at the core of Indigenous memories, expression and ability to sustain cultures and identities. The notebooks of William Dawes and Horatio Hale are two significant international

OPPOSITE: MARIKA DUCZYNSKI, loans made possible through Foundation support. PROJECT OFFICER, INDIGENOUS ENGAGEMENT, VISITING NAMBUCCA HEADS AS PART OF THE DEVELOPMENT OF THE LIVING LANGUAGE EXHIBITION, PHOTO BY JOY LAI ABOVE: QUICK MARCH! EXHIBITION, PHOTO BY JOY LAI STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 17 LEARNING 18 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Learning

One of the Foundation’s most important priorities is to assist the Library in offering unique learning opportunities to children across the state. We are delighted to report that this financial year attendance across all learning programs at the Library increased by 20.65%, with 25,222 people participating. Much of the increase can be attributed to Foundation-funded opportunities, particularly the opening of the John B Fairfax Learning Centre, the permanent Paintings from the Collection exhibition and the Collectors’ Gallery. These areas have allowed the Learning team to expand its programs for children and families.

Family programs The Library’s Family Sunday events now include workshops with multiple authors and illustrators, and an expanded program of activities for children of all ages. The two 2019 events attracted more Bus transportation subsidies than 600 enthusiastic participants. School holiday Bus subsidies for students and teachers in western programs have also grown, with a mixture of free and south-western Sydney schools continued to be and low-cost events attracting new audiences to made available. Subsidies were given to Fairfield the Library and building strong links with families High School, Eschol Park Primary School, who attend regularly. St John’s Park Primary School, Summer Hill Primary School and Merrylands High School. Children’s picture books A total of 158 students and 37 teachers participated. Two manuscripts for children’s picture books, inspired by the collections, have been Far Out! commissioned by the Library from leading The longstanding Foundation-funded Far Out! children’s authors. The books will be illustrated program continues to excite students and teachers in 2020 and prepared for publication. across NSW by bringing original materials to regional schools, and providing a unique historical Interactive door learning experience. Four tours this year reached 38 schools around Armidale, Albury, With Foundation funding, two creative artists Eden, Merimbula, Bega and Newcastle, with have been engaged to develop interactive displays 3364 students and 185 teachers participating. for the hidden door to the John B Fairfax Learning Centre. The first is based on a panorama of Port Jackson painted by Major James Taylor in 1821 WordeXpress and the second on Matthew Flinders’ cat, Trim. The annual WordeXpress awards evening attracted 80 students and parents from around NSW. Children’s literature research These high-performing HSC English Extension 2 students were presented with certificates and Research into the Library’s children’s illustration their creative works were included in the collections has revealed some superb manuscripts Library’s collection. and drawings, which will be used in learning HSC English Extension 2 seminar days programs. at the State Library of NSW, Albury and Orange were attended by 154 students and 37 teachers.

OPPOSITE: AT THE OPENING OF THE JOHN B FAIRFAX LEARNING CENTRE, 24 SEPTEMBER 2018, PHOTO BY ZOE BURRELL ABOVE: A FAMILY PROGRAM AT THE LIBRARY, PHOTO BY GENE RAMIREZ STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 19 AWARDS 20 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Awards

Russell Prize for Mona Brand Award Humour Writing Established in 2016, the $30,000 Mona Brand The biennial Russell Prize for Humour Writing Award is presented every two years to an celebrates and encourages humorous writing and Australian woman writing for the stage or screen. promotes public interest in the genre. The only As well as this major prize for an outstanding body award of its kind in Australia, it was made possible of work, the Emerging Writer Award, valued at through the generous bequest of the late Peter $10,000, is presented to a female writer in the early Wentworth Russell, a farmer and businessman stages of her career for her first professionally remembered for his appreciation of humour. produced, screened or broadcast work. This year’s $10,000 prize was awarded as part The award was made possible through a of Sydney Writers’ Festival at an evening event bequest to the State Library of NSW Foundation with comedians Jordan Raskopoulos, by the late Mona Alexis Fox nee Brand (1915– Susie Youssef and Mark Humphries. 2007). Mona Brand was a trailblazing Australian The winner was David Cohen for The Hunter poet, author and playwright, writing nearly and Other Stories of Men (Transit Lounge 30 plays. Publishing), which the judges said ‘stands out This year, the judges were unanimous in for its original, imaginative narratives, its assured selecting Patricia Cornelius, prolific playwright, evocative style, the obvious warmth of the screenwriter, poet and novelist, as the winner narrator for all his flawed characters, and most of the award. Her recent work includes an of all, for its sustained comic vision’. adaptation of The House of Bernarda Alba, which The Foundation is grateful to the estate was performed earlier this year with the of Peter Wentworth Russell, and to his Melbourne Theatre Company. goddaughter Rachel Blazey Hill for facilitating The $10,000 Mona Brand Emerging Writer this unique award. Award went to Lucy Knox for her critically acclaimed short filmAn Act of Love. The Foundation is grateful to the estate of Mona Alexis Fox for making this important OPPOSITE: BOOKS SHORTLISTED FOR THE NATIONAL BIOGRAPHY AWARD prize possible. ABOVE: RUSSELL PRIZE WINNER DAVID COHEN WITH RACHEL HILL, 2 MAY 2019, PHOTO BY BRUCE YORK MONA BRAND EMERGING WRITER AWARD WINNER LUCY KNOX AND MONA BRAND AWARD WINNER PATRICIA CORNELIUS, 30 OCTOBER 2018, PHOTO BY JOY LAI STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 21 Ashurst Business National Biography Award Shortstacks Literature Prize The National Biography Award, established The Foundation is pleased to have supported Now in its 15th year, the Ashurst Business in 1996 by Dr Geoffrey Cains, is the longest the inaugural Shortstacks Film Festival, Literature Prize is a successful partnership standing Foundation funded award at the a short film competition with a total prize between the law firm Ashurst and the Library. The Nelson Meers Foundation value of over $20,000. Filmmakers of all State Library of NSW Foundation. supported the award for the first time levels of experience were encouraged to It promotes the highest standards of in 2018, increasing the overall prize value submit an original short film based on commentary in the fields of business and establishing a new prize for a debut one of six State Library collection items, and finance. biography or memoir by an Australian including paintings, photographs, A riveting account of the ‘Big Four’ writer, beginning in 2019, in recognition manuscripts and letters. accounting and audit firms — Deloitte, of the longstanding support by the late Judges Margaret Pomeranz AM, Ernst & Young, KPMG and Michael Crouch AC. Michael Caulfield, Jason Di Rosso and PricewaterhouseCoopers — won the The 2018 National Biography Award Nick Ward selected seven of the most $30,000 prize this year. In The Big Four: shortlist ranged from political biography to engaging, imaginative and innovative The Curious Past and Perilous Future compelling personal stories of war, tragedy, entries to be screened at the Shortstacks of the Global Accounting Monopoly growth and triumph. Judith Brett was Short Film Festival. (La Trobe University Press), Stuart Kells announced as the winner at an event at On 12 June Jayce White was announced and Ian D Gow reveal the fascinating story the Library for The Enigmatic Mr Deakin as the winner for his film ‘Comeback’, of wealth, power and luck behind these (Text Publishing), a biography of based on a photograph from the Library’s global powerhouses, whose founders led Australian’s little-known second prime collection titled ‘Assen Timbery, Aboriginal colourful lives. minister and Federation ‘father’ boomerang maker, La Perouse, 1959’ The Foundation extends its warmest Alfred Deakin. by Don McPhedran. thanks to Ashurst for continuing to support its partnership with the State Library.

ABOVE: NATIONAL BIOGRAPHY AWARD WINNER JUDITH BRETT, 8 AUGUST 2018, PHOTO BY JOY LAI SHORTSTACKS WINNER JAYCE WHITE, 12 JUNE 2019, PHOTO BY GENE RAMIREZ OPPOSITE: THE IMAGE FROM THE LIBRARY’S COLLECTION THAT INSPIRED THE WINNING SHORTSTACKS FILM: ASSEN TIMBERY, ABORIGINAL BOOMERANG MAKER, LA PEROUSE, 1959, BY DON MCPHEDRAN, AUSTRALIAN 22 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION PHOTOGRAPHIC AGENCY – 06887 STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 23 FELLOWSHIPS 24 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Fellowships

The Fellowship program continues to be a strong Professor Grace Karskens was awarded the focus for the Foundation, with fellowships 2017 Coral Thomas Fellowship for her project exploring the Library’s extensive collections ‘The Real Secret River, Dyarubbin’, built of original and published materials. around a list of Aboriginal placenames for the This year we were very pleased to launch Hawkesbury River. With a team of Dharug experts two new fellowships. To honour the late and using the Library’s manuscripts, books, Dr AM Hertzberg AO (1924–2015), past images and maps, Karskens will tell new cross- President of the Library Council of NSW and cultural and environmental stories about one past General Manager of the Sugar Division of Australia’s most beautiful and historically of the Colonial Sugar Refinery (CSR), his children significant rivers. In 2019 value of the Coral have established the Dr AM Hertzberg Fellowship. Thomas Fellowship increases to $100,000. The annual fellowship is valued at $20,000, for research into the history of Australian industry. Australian Religious History A new fellowship supported by Ross Steele AM Fellowship will encourage research into the Library’s diverse pictorial collections — some of the largest, most The Australian Religious History Fellowship, significant, and under-researched in Australia. valued at $20,000 per annum, was established in 2010 with a generous endowment from an Coral Thomas Fellowship anonymous benefactor to support the study of any aspect of Australian religious history of any faith. Since its launch in 2015, the biennial Coral The 2019 Australian Religious History Fellow Thomas Fellowship has set a new benchmark Dr Stephen Jackson’s project, ‘Sunday Morning in the Fellowship program. Currently $75,000, Empire: Protestantism and Empire in the British the fellowship is supported by Rob Thomas World, 1880–1970’, considers how Protestant and his family in honour of Rob’s mother, Sunday schools helped frame an imperial identity Coral Kirkwood Thomas nee Patrick (1920–1996). in the early part of the 20th century across the It encourages deep and focused research into Anglo world and Australia in particular. Australian culture, history and society, drawing on Australian and international collections. OPPOSITE: A SELECTION FROM THE LIBRARY’S UNESCO MEMORY OF THE WORLD–LISTED COLLECTIONS, PHOTO BY JOY LAI ABOVE: GRACE KARSKENS, PHOTO BY JOY LAI DR STEPHEN JACKSON STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 25 Dr AM Hertzberg AO David Scott Mitchell Dr Hamilton’s project, ‘Conservation Fellowship Fellowship and Mapping: A Case Study of Sydney’s 19th Century Water Reserves’, draws on Dr Elizabeth Humphrys was awarded the Merewether Scholarship historical data to try to determine the actual inaugural Hertzberg Fellow for her project The David Scott Mitchell Fellowship and history of places now regarded as natural ‘Pressed and Strained: The Lives of the Merewether Fellowship, each valued and historic landscapes. In part, she is Metal Workers in the Era of Globalisation at $12,000 per annum, were established in testing claims of ‘pristine’ environments (1970–1990)’. She is examining how changes 2008 through the generosity of the late thought to have escaped European to the metals industry brought about by John Merewether, a longstanding friend, development. globalisation have impacted on the lives supporter and donor of the Library. of its largely blue-collar workforce. The David Scott Mitchell Fellowship encourages the research and study of Australian history using the collections of the Mitchell Library. The 2019 Mitchell Fellow is Dr Isobelle Barrett Meyering and the Merewether Fellow is Dr Rebecca Hamilton. Dr Meyering’s project ‘Pipi Storm Theatre Company: A Cultural History of Children’s Rights’ examines the growth of the idea of children’s rights from the 1970s. It focuses on the Library’s papers of the Pipi Storm Theatre, which delivered theatre programs to NSW schools and welfare institutions.

ABOVE: DR ELIZABETH HUMPHRYS DR ISOBELLE BARRETT MEYERING DR REBECCA HAMILTON PHOTOS BY JOY LAI OPPOSITE: MITCHELL LIBRARY 26 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION READING ROOM, PHOTO BY JOY LAI STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 27 FRIENDS 28 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Friends

Our Friends of the Library are an enthusiastic Among the special event highlights group of supporters whose advocacy spreads was perennially popular Emeritus Curator ‘the word’ to the wider community. With a cohort Paul Brunton OAM’s three-part series, ‘NSW of more than 2500 members, Friends not only Traversed 1817–1838’, focusing on the explorations enjoy a special program of events and membership of John Oxley, Charles Sturt and Thomas benefits, but also form a significant part of the Livingston Mitchell. Russian literature scholar audience at exhibitions and events across and Tolstoy expert Rosamund Bartlett gave an the Library. erudite lecture on her new translation of The total income from membership fees Anna Karenina. And Susannah Fullerton OAM and special event ticket sales grew this year to returned to the Library with a sold-out three-part $145,000. In addition, we were delighted to receive series ‘Into Africa’ on three authors who took an additional $15,345 from our Friends to support their literary inspiration from that continent. the Foundation’s Annual Appeal as well as As always, it was a pleasure to welcome Friends individual gifts totalling $9725. to our Curator’s Choice events and regular book club, the Reading Lounge.

OPPOSITE: IN THE PAINTINGS FROM THE COLLECTION EXHIBITION, PHOTO BY JOY LAI ABOVE: MEMBERSHIPS COORDINATOR HELENA POROPAT, RIGHT, AND GUESTS AT THE FRIENDS OF THE LIBRARY CHRISTMAS PARTY, 5 DECEMBER 2018, PHOTO BY ZOE BURRELL STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 29 BEQUESTS & LIBRARY CIRCLE 30 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Bequests & Library Circle

Bequests have played an essential role in the This year the Foundation received gifts history and development of the State Library from the estates of Kondelea Elliott, Ruby Faris, of NSW, from the landmark cultural legacies of Margaret Fisher, Ethel Murray and David Scott Mitchell and Sir William Dixson to the Robert White AO. present day. No matter the size, a bequest to the We would also like to thank the Library Circle Library is a lasting way of preserving and sharing — a group of people who have made a public our cultural heritage, supporting research and commitment to the Library by including us in writing, and engaging learners of all ages. their will. Coming from all walks of life, members Bequest funds have had a critical impact this of the Library Circle are united by their advocacy year, supporting the exhibition Living Language: and passion for the Library. We are pleased to Community, Culture, Country and significant welcome members of the group to private curator acquisitions: Corsali’s Southern Cross, c 1516, talks and other functions each year. and Quirós Memorial No 1, 1607.

OPPOSITE: ENDPAPER FROM LETTERA DI ANDREA CORSALI ALLO ILLUSTRISSIMO SIGNORE DUCO IULIANO DE MEDICI, 1516, SAFE/910/11, ACQUIRED IN 2018–19 WITH SUPPORT FROM A BEQUEST ABOVE: LIBRARY CIRCLE MEMBERS AND OTHER GUESTS AT THE LIBRARY CIRCLE CHRISTMAS LUNCH, 13 DECEMBER 2018, PHOTO BY JOY LAI STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 31 FOUNDATION MEMBERS & DONORS 32 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Foundation Members & Donors

The State Library of NSW acknowledges the generosity of its benefactors. Membership of the Foundation is granted to individuals or organisations who have given donations totalling $2000 or more within the previous five financial years. Individuals or organisations who have donated $100,000 or more at any time will be acknowledged as Lifetime members. In-kind gifts valued at a total of $250,000 or more at any time will be acknowledged with Lifetime membership.

Current Foundation members

VISIONARY GUARDIAN LIFE BENEFACTOR MRS J THOMOND PRIESTLEY BRICKWORKS BUILDING PRODUCTS LIMITED (OVER $5,000,000) ($100,000 – $499,999) ($50,000 – $99,999) JOHN SHARPE & CLAIRE ARMSTRONG MAXINE BRODIE MICHAEL J CROUCH AC ROBERT O ALBERT AO RFD RD THE ABBOTT FOUNDATION & SHANNY CROUCH & ELIZABETH ALBERT DICK SMITH AC & PIP SMITH ANN BROWN DR CHARLES BARNES DAVID ANSTICE AO ANNE SULLIVAN THE HON BOB BROWN AM ROBERT G CAMERON AO LIFE GOVERNOR THE HON FRANCA ARENA AM & PAULA CAMERON ROSALINE TAM JOAN BRYANT ($2,500,000 – $4,999,999) ARROWFIELD GROUP JENNIFER CRIVELLI UBS BETTY BUCHANAN LEN AINSWORTH AM ASHURST AUSTRALIA DIXSON TRUST MICHAEL & VASHTI WATERHOUSE ANTHONY BUCKLEY AM TAL & DAI-ICHI LIFE AUSTRALIA-ISRAEL HUGH DIXSON & PATRICIA DIXSON CAROLINE WILKINSON OAM ROSLYN BURGE CHAMBER OF COMMERCE DR FRANCIS HOOPER MOIRA BURNS GOVERNOR J K BAIN AM & JANETTE BAIN THE HON BENEFACTOR GREGORY BURTON SC ($1,000,000 – $2,499,999) THE BELALBERI FOUNDATION – DAVID LEVINE AO RFD QC ($2,000 – $19,999) DR ALEX BYRNE AM P & S CROSSING JOHN B FAIRFAX AO DAVID O’HALLORAN PROFESSOR CHRIS ADAM MRS STEPHANIE CADDIES GRAHAM & CHARLENE BRADLEY VINCENT FAIRFAX FAMILY ALICE ARNOTT OPPEN OAM HEATHER ADAMS PETER CALLAGHAN SC FOUNDATION FOUNDATION DR JOHN VALLANCE SHIRLEY ALDER ALAN CAMERON AO SIR RON BRIERLEY NELSON MEERS FOUNDATION DR HUGH ALLEN & JUDITH AINGE MARGARET CAMERON-ASH A/PROFESSOR GEOFFREY CAINS NESTLÉ AUSTRALIA LTD & SARAH CAINS MAJOR BENEFACTOR JEAN ALLEN THE HON JC CAMPBELL QC BRUCE & JOY REID FOUNDATION THE CALEDONIA FOUNDATION ($20,000 – $49,999) JENNY ALLUM DR BARRY CANT & TANYA CANT ROB THOMAS AO ELIZABETH CLARKSON JOHN ATKIN & JUDY HADDRICK EMERITUS PROFESSOR PHILIP CAREY DEREK ANDERSON AM COLES MYER AUSTRALIAN GARDEN HISTORY EMERITUS PROFESSOR LIFE GUARDIAN SOCIETY DR GAE ANDERSON DAVID CARMENT AM NEIL GLASSER MVO ($500,000 – $999,999) & NINA GLASSER WILLIAM BLACKSHAW MARK ANDREWS NICHOLAS CARNEY DR WENDY COOPER BELINDA HUTCHINSON AM VICKI BROOKE DAVID B ANDREWS L ALISON CARR THE DR A M HERTZBERG FAMILY & ROGER MASSY-GREENE IAN BURNET ANESBWA ROSEMARY CARRICK MACQUARIE GROUP THE KINGSTON & ROE FUND CENTENARY FOUNDATION THE AUSTRALIAN 49ERS ROSS CATTS ASSOCIATION INC THE MEREWETHER FAMILY JOHN LAMBLE FOUNDATION WENDY CLARKE PAUL CAVE AM SIMONE ARNOTT NEWS CORP AUSTRALIA MAPLE-BROWN FAMILY CORELLA FUND PHIL CAVE AM & JUDY HARRIS FOUNDATION ELSA ATKIN AM GEOFFREY & RACHEL O’CONOR ROWENA DANZIGER AM DR EILEEN CHANIN MCDONALD’S AUSTRALIA & KEN COLES AM A W AUSTIN PUBLIC PURPOSE FUND DR BL CHAPMAN ED IAN MCLACHLAN M S DIAMOND AM MBE AKHTAR AZHAR JOHN T REID CHARITABLE TRUSTS WILLIAM CHAPMAN MORAN HEALTH CARE GROUP PETER G BAILEY MARTIN DICKSON JILL CHOULKES RIO TINTO & RIO TINTO PTY LTD ANNA-ROSA & STEVEN BAKER ABORIGINAL FUND DR ZENY EDWARDS DR JOHN CHRISTIAN AO THE RODNEY & JUDITH O’NEIL FIONA BALFOUR & HELEN CHRISTIAN AM FOUNDATION MARILYN ENDLEIN BARBARA BALLANTYNE MILTON CHURCHE PLANET WHEELER FOUNDATION JANE & MARK FULTON MARLENE BARCLAY PROFESSOR ROBERT CLANCY AM QANTAS AIRWAYS LIMITED THE HON JUSTICE & CHRISTINE CLANCY PETER GARLING RFD ELAINE BARKER THE ROUSSEL FAMILY & JANE GARLING S STUART CLARK AM DR HELEN BASHIR-CRANE PENELOPE SEIDLER AM CARY & ROB GILLESPIE CECELIA CLARKE TONY BASTEN DAVID & TRICIA SHERBON DAVID GREATOREX AO CHRISTOPHER W CLARKE JOSEPHINE BASTIAN SOFITEL SYDNEY & DEIRDRE GREATOREX DR FREDERICK CLARKE RON & JOAN BESLICH WENTWORTH HOTEL PRUDENCE & DEREK HEATH ROBERT CLIFTON-STEELE JOHN BIRCH AM SYDNEY MECHANICS’ SCHOOL HENRY PARKES FOUNDATION TULLIO COFRANCESCO BARBARA BIRD OF ARTS (SMSA) IPHYGENIA KALLINIKOS SHIRLEY COLLESS CHRISTINE BISHOP THYNE REID FOUNDATION KATZ FAMILY FOUNDATION RODNEY & KATHIE COLLINS ROSEMARY BLOCK VEOLIA AUSTRALIA CHRISTINA KENNEDY PAULINE & ROB CONOLLY & NEW ZEALAND DR ALAN MATTHEWS KEN BLOXSOM DR WARWICK COOMBES WESTPAC BANKING PAUL MCCLINTOCK AO DENNIS BLUTH CORPORATION DINA & KEVIN COPPEL THE HON JUSTICE GEOFFREY BOARD PHILLIP CORNWELL THE MILTON WHITMONT FAMILY ROBERT MCDOUGALL DOUGLAS BOOKER DR BRETT COURTENAY KIM WILLIAMS AM MCLEAN FOUNDATION JOHN BORGHETTI AO & SUSAN COURTENAY CAROLINE & NICK MINOGUE DR MICHAEL BOWDEN LOUISE COX AO CATRIONA MORDANT JOHN & LYN BOYES & SIMON MORDANT AM DOUG CRABBE JOHN BRADSHAW TONY & MARIANNA O’SULLIVAN DEBBY CRAMER A W BRAGG CLIVE POWELL DR JANET CROMB HELEN BREEKVELDT ALISON CROOK AO

OPPOSITE: A CHILDREN’S TOUR ENTERING THE JOHN B FAIRFAX LEARNING CENTRE, PHOTO BY JOY LAI STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 33 PETER CROZIER RACHEL HILL THE HON DILYS RENHAM JEMIMA WHYTE SIR ANTHONY MASON AC KBE JEFFREY D’ALBORA MICHAEL HINSHAW LIONEL ROBBERDS AM QC SARAH WHYTE ROBIN MATHEWS ROWAN DARKE CHRISTINE HOLMAN CHRISTINE L ROBERTSON PROFESSOR DIANNE WILEY & GAVIN HOLMAN CHRIS MAXWORTHY REBECCA DAVIES AO JEANNE ROCKEY CHRISTOPHER WOKES MARY HOLT TIM MCCORMICK RO DAY DR CATHERINE ROGERS SURYO WONGSODIHARDJO PETER HOMEL & LOUISE TAGGART KATHLEEN MCCREDIE AM DR MARIE DE LEPERVANCHE ROBERT W ROSE GILES WOODGATE EDITH HONOLD DR IAN MCCROSSIN VALMAI DE TORRES SALLY & JONATHAN ROURKE JILL WRAN AM A/PROFESSOR JULIA HORNE ROSEMARY MCCULLOUGH LESLEY DEAN DAVID E ROUTLEY BARRY WREN AM ANDREW HORSLEY GABRIELLE MCDONAGH CAROL & NICHOLAS DETTMANN JOHN ROWNES LANCE WRIGHT QC GEORGINA M HORTON GAI MCGRATH RICHARD DINHAM DARREN RUDD DR DON WRIGHT DR RONALD HOUGHTON ANGUS MCINNES DR HUGH DIXSON MICHAEL RYLAND JOHN WRIGLEY OAM & FRANCES DIXSON VIRGINIA HOWARD & BILL TAYLOR IAN & SUSIE MCINTOSH & SACHIKO KINOSHITA & MRS JULIE WRIGLEY CLARE DOCKER BRUCE HUDSON DUNCAN MCKAY SUSAN SAWYER YIM FAMILY FOUNDATION MARION DOWD RICHARD HUMPHRY AO STEPHEN D MCNAMARA DR PETER SCHWEITZER JOHN DOYLE AM & RUTH DOYLE JOHN HYDE PAGE DR STEPHEN MCNAMARA WENDY SELMAN MURRAY DOYLE AAM TOM & DEE HYDE PAGE ROHAN MEAD MARIAN SEVILLE JOHN DUNLOP RAY HYSLOP OAM RFD PATRICK MEANEY PROFESSOR JEFF SIEGEL Estates EMERITUS PROFESSOR IAN JACKMAN SC SAMANTHA MEERS AO ANTHONY SLATER QC DEXTER DUNPHY AM The State Library KIM JACOBS AM DR WENDY MICHAELS P M SMITH B & J DUTTA would like to PATRICIA JACOBSEN JANE MILLER JOHN SNEEDER DR ANNE EGGINS acknowledge the RICHARD JENKINS JIM MINTO & AVERILL MINTO GAVIN SOUTER JM ELDERSHAW gifts from the VINCENT JEWELL BARBARA MOBBS IAN & GAY SOUTHWELL MARGARET EVANS following Estates BEVERLEY JOHNSON ALLAN MOSS AO & IRENE MOSS DIANA SOUTHWELL-KEELY PETER EVANS that have supported MARK JOHNSON AO ANNE & DON MUNRO ALICE SPIGELMAN AM DAVID FAIRLIE & SANDRA JOHNSON & THE HON JAMES SPIGELMAN the Library and MULOCK FAMILY AC QC DR SUZANNE FALKINER JUSTICE PETER JOHNSON contributed to our HAL MYERS DAVID STAEHLI KEVIN FENNELL PSM DR ROBERT JOHNSTON future growth. SANKAR NARAYAN BEVERLEY STANTON LAURIE FERGUSON PAUL S JONES PATRICIA NARGAR IAN & MAISY STAPLETON $1,000,000 – $10,000,000 ROBIN & DESMOND FERRIS ANTON KAPEL DR KENNETH NEALE A/PROFESSOR ROSS STEELE AM ESTATE OF SIR WILLIAM DIXSON LEON FINK AM ROBERT KEAN & HELEN NEALE ALISON STEPHEN ESTATE OF RUBY FARIS SUZANNE FITZHARDINGE NARELLE KENNEDY PENELOPE NELSON RUSSELL STEWART ESTATE OF JEAN GARLING JENNIFER FORSTER DR RUTH KERR OAM ROSEMARY NEVILLE DR CATHERINE STOREY ESTATE OF JOHN ANTHONY ALLAN FOWLER KEY FOUNDATION JANICE NICHOLAS GILBERT AM RICK STEVENS BRIAN FRANCE AM DR D KEYWORTH GLENYS NORRIE ESTATE OF HELEN MCILRATH & PHILIPPA FRANCE JOY STORIE RICHARD KING CAROLE O’BRIEN (SELLE) THE FRANCIS FORBES SOCIETY DR ALLAN STURGESS SYLVIA KLINEBERG JENNIE ORCHARD ESTATE OF DAVID SCOTT FOR AUSTRALIAN LEGAL HISTORY CHRISTOPHER SUNDSTROM MITCHELL GILLES KRYGER COLLEEN O’SULLIVAN RACHEL FRANKS & SIMON DWYER WENDY SWINBURN ESTATE OF ROBERT WHITE AO THE HON JUSTICE VALERIE PACKER MARION FREIDMAN FRANÇOIS KUNC SYDNEY GRAMMAR SCHOOL JANET PALMER WILMA FURLONGER PAUL LAIRD MONICA E TANKEY DR TIMOTHY PASCOE AM $100,000 – $999,999 SUSAN GABRIEL EUGENIA LANGLEY & EVA PASCOE HOWARD TANNER AM ESTATE OF JUDITH NAVENA JAMES GEDDES & MARY TANNER ANDREWS ANNETTE LARKIN JILL PATON PROFESSOR G GILBERT ANTHONY TARLETON ESTATE OF SIBILLA BAER G R LAWRENCE G PEARSON JULIANNA GLUCK MARK ROBERT TARMO ESTATE OF JACK BRANN JOHN LAWRENCE THE HON JUSTICE GML HERITAGE MICHAEL PEMBROKE DR JEANETTE THIRLWELL ESTATE OF CHARLES HERBERT JAMES E LAYT AM & GILLIAN PEMBROKE CURREY LEWIS GOMES IAN & VALERIE THOM LEEN HELMINK ANTIQUE MAPS CATHERINE PERCY ESTATE OF MONA ALEXIS FOX JEFFERY GOSS FRED THOMAS DENIS LENIHAN EMERITUS PROFESSOR ESTATE OF NEVILLE GOVETT GEOFF GRAHAM TOGA GROUP OF COMPANIES COLIN LENNOX ROSLYN PESMAN AM ESTATE OF SAMUEL B HERRON GEOFFREY GRAHAM TURNER FREEMAN LAWYERS KIM LEUNG GAVIN PETTIGREW ESTATE OF MARGARET MARY JANET GRANT PAULINE TYRRELL HOWARD LEWIS DEBRA PINKERTON JONES BRIAN GREIG JAN VECCHIO V A LHUEDE AM SANDRA PLOWMAN ESTATE OF JEAN MILLNER PAULINE GRIFFIN AM VIRGIN AUSTRALIA ANGELA LIND PETER POLAND OAM ESTATE OF ETHEL MURRAY PETER J HACK DR PETER WAKEFORD DR HILARIE LINDSAY MBE OAM BENJAMIN POLITZER ESTATE OF PETER W RUSSELL PETER HALES ALAN WALKER DR PHILIP LINGARD DR SUSAN POND AM ESTATE OF HAROLD SCHULTZ PROFESSOR JOHN HAM C WARDEN & DR JC WARDEN ANNE LIPSON HELEN POTTIE JOHN HAMILTON JOHN WEBBER PROFESSOR CHRISTOPHER POULLAOS $10,000 – $99,999 D J HANDELSMAN GWYNNYTH LLEWELLYN ELIZABETH WEBBY AM LORRAINE POUNTNEY ESTATE OF ALLEN BALDICK MARGARET HANNES RIC LUCAS DR JANET WEST ROBERT PRYKE ESTATE OF JOAN CAMPBELL J HARRIS JANE LYNCH DR JUDY WHITE AM THE HON RODNEY PURVIS AM QC ESTATE OF WILLIAM RAYMOND DR GAYE HART AM MERYLL MACARTHUR WHITFORD FOUNDATION COOPER BARBARA QUIGLEY FOR EDUCATION JEAN HART PIERRE ST JUST MALHERBE ESTATE OF SARAH DINGWELL LUKE RANDELL RICHARD WHITE OAM DINAH HARVEY ANNA MARKS OAM ESTATE OF KONDELEA ELLIOTT PATRICIA GRIMWADE RANKIN & ROBYN WHITE & STEVEN MARKS GEOFFREY LORIS HASSALL OAM ESTATE OF NICK ENRIGHT GRAHAM J RAWLINGS DR VALERIE HAVYATT

34 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION ESTATE OF JAMES O FAIRFAX AO THE HON BOB BROWN AM ROWAN DARKE EMERITUS PROFESSOR JOHN GASCOIGNE ESTATE OF MARGARET FISHER Donors ROSS BROWN REBECCA DAVIES AO BEVERLEY GEORGE ESTATE OF MARIE GRAY The Foundation ANTHONY BUCKLEY AM R O DAY DR J GEORGE ESTATE OF BARBARA HUDSON warmly thanks ROSLYN BURGE DR MARIE DE LEPERVANCHE ANN GIBSON ESTATE OF MIMI HURLEY the following donors GREGORY BURTON SC ROBERT DEMKIW KATHLEEN GILBERT ESTATE OF MARGARET ANN for their generosity JUDY BUTLIN CAROL & NICHOLAS DETTMANN JONES DOREEN GILES during the 2018–19 ERICA BUZO M S DIAMOND AM MBE ESTATE OF NATHALIE CARY & ROB GILLESPIE DR WILLIAM BYE & ANDREA BYE MARTIN DICKSON KULAKOWSKI year. CATE GLEESON STEPHANIE CADDIES RICHARD & FRAN DINHAM ESTATE OF LADY LOEWENTHAL JULIANNA GLUCK ALLISON AHN DR B E CALF CLARE DOCKER ESTATE OF THELMA LONG LEWIS GOMES THE AINSWORTH FOUNDATION ROBERT CAMERON AO JOHN DOHERTY ESTATE OF JOY MARCHANT & PAULA CAMERON SHAHBAZ GORAYA JOHN AITKEN JOHN DOYLE AM & RUTH DOYLE ESTATE OF DR BP NOLAN ALAN J CAMERON AO CAROLE & THEODORE GRACE ROBERT O ALBERT AO RFD RD MURRAY DOYLE AAM ESTATE OF ROBERT PRITCHARD & ELIZABETH ALBERT ELAINE CAMERON GEOFF GRAHAM DAMIEN DREW ESTATE OF MERRILL PYE JEAN ALLEN MARGARET CAMERON-ASH GEOFFREY GRAHAM REV ANNE DUDZINSKI ESTATE OF RUTH ROBERTSON EMERITUS PROFESSOR SUSAN CAMPBELL JANET GRANT MARGARET DUFFY ESTATE OF EJ RUSSELL DEREK J ANDERSON AM THE HON J C CAMPBELL QC KEVIN GRAY JOHN DUNLOP ESTATE OF JUDITH RYAN DR GAE ANDERSON OLIVIA CAMPBELL THE GREATOREX FUND EMERITUS PROFESSOR ESTATE OF DR DOUGLASS DAVID W ANSTICE AO DR BARRY CANT DEXTER DUNPHY AM ELIZABETH GREEF SEATON & ANA-MARIA ZAUGG & MRS TANYA CANT DR KIM DUNSTAN BRIAN GREIG ESTATE OF MARY STRETTLES JOHN & PHILIPPA ARMFIELD MRS PETA CAPPELLO & MARGARET DUNSTAN PAULINE GRIFFIN AM ESTATE OF NANCY TUCK JIM ARMITAGE MR PHILIP CAREY B & J DUTTA BASIL GRIFFIN ESTATE OF PETER TYLER LYNETTE ARNOLD EMERITUS PROFESSOR RUTH EDENBOROUGH JACOB GROSSBARD ESTATE OF GERALD WRONKER SIMONE ARNOTT DAVID S CARMENT AM DR ANNE EGGINS GRAEME HAIGH EDWARD ASHMORE NICHOLAS CARNEY JM ELDERSHAW PETER HALES ASHURST AUSTRALIA ROSEMARY CARRICK LIBRARY CIRCLE HON JUSTICE SYLVIA EMMETT AM NOELENE HALL JEAN M ALLEN ELSA ATKIN AM IAN & ANNE CARROLL & THE HON JUSTICE ARTHUR EMMETT AO JOHN HAMILTON DR GAE M ANDERSON WENDY AUSTIN CENTENARY FOUNDATION - SCOTT FAMILY BEQUEST MARILYN ENDLEIN PROFESSOR DAVID HANDELSMAN KEN BLOXSOM A W AUSTIN WILLIAM CHAPMAN MARIA EVANS HANDLEY MARKS FAMILY HELEN BREEKVELDT AKHTAR AZHAR FOUNDATION JILL CHOULKES MARGARET EVANS PAM CONNOR PETER G BAILEY JUDITH HANNAH DR JOHN CHRISTIAN AO PETER EVANS PAULINE & ROB CONOLLY ANNA-ROSA & STEVEN BAKER & HELEN CHRISTIAN AM KATHLEEN HANNAY ELIZABETH EVATT AC DR ANNE EGGINS SUZANNE BAKER MILTON CHURCHE BARBARA HARDAKER JEANNE EVE MARILYN ENDLEIN DR PAMELA BALL S STUART CLARK AM J HARRIS DAVID FAIRLIE MARGARET EVANS BARBARA BALLANTYNE WENDY E CLARKE PROFESSOR MARGARET HARRIS DR SUZANNE FALKINER PAULINE M GRIFFIN AM DR HIMNASU BANERJEE DR CHRISTOPHER W CLARKE JEAN HART TAMZID FARHAT DR KEVIN W HEWITT NORMA BARNE CECELIA CLARKE DR GAYE HART AM BENJAMIN FARR DAVID C JACKSON DR CHARLES BARNES ANNE CLARKE BETTY HART RITA FELTON DR RUTH S KERR OAM IAN BARNETT ROBERT CLIFTON-STEELE DAVID NH HASSALL IAN FERGUSON HOWARD J LEWIS MARCIA BASS TULLIO COFRANCESCO GEOFFREY LORIS HASSALL OAM THE HON IAN S MCLACHLAN FIKRY BASSIUONI CYNTHIA COGHILL LAURIE D FERGUSON OAM HUON & FRAN HASSALL DAVID STAPLES TONY BASTEN PAMELA COHEN LEON FINK AM HASSALL FAMILY HISTORY GROUP JOY STORIE DINAH BEESTON CATHY COHEN ROSEMARY FITZGERALD JESSICA HATHERALL KATHLEEN BENNETT RODNEY & KATHIE COLLINS SUZANNE FITZHARDINGE DR VALERIE HAVYATT PAMELA BENNETT & ALAN OLSEN MARGARET CONNELL DR REBECCA FLEMING SANDRA HAWKER PHILIPPA BENSON PAM CONNOR ELIZABETH FLETCHER JILL HAWKER SUSAN BERNASCONI PAULINE & ROB CONOLLY DR MARY FORBES REBECCA HAZEL RON BESLICH & PROFESSOR IAN FORBES GRAHAM COOK MARGARET HENRY MARGARET BETTISON JENNIFER FORSTER CORELLA FUND CAMERON HERBERT ROSEMARY BLOCK MARGARET FOWLER PHILLIP CORNWELL JOHN HERTZBERG DENNIS BLUTH DR FLORENCE FOWODU ROSEMARY COX DR MARGERY HERTZBERG MIKE BOTHAM BRIAN C FRANCE AM LOUISE COX AO SARAH HILL VICKI BOURNE & PHILIPPA FRANCE DOUG CRABBE RACHEL HILL DR MICHAEL BOWDEN RACHEL FRANKS & SIMON DWYER DEBBY CRAMER LYNETTE HILTON CAMILLA & GWYNN BOYD MARION FREIDMAN & DR JOHN HILTON PETER CRASWELL CHARLENE BRADLEY JANE & MARK FULTON DR PETER HOBBINS & GRAHAM BRADLEY AM JENNIFER CRIVELLI SUSAN GABRIEL MICHAEL & JULIA HODGETTS JOHN BRADSHAW DR J CROMB EVANGELINE GALETTIS OAM DR ROSITA HOLENBERGH-GIBSON ARTHUR BRAGG ALISON CROOK AO THE HON JUSTICE CHRISTINE & GAVIN HOLMAN HELEN BREEKVELDT PETER CROSSING AM PETER GARLING RFD & JANE GARLING MARY HOLT PETER BREEN HELEN CUNNINGHAM DR BRADLEY GARRETT PETER HOMEL & LOUISE TAGGART MAXINE BRODIE JEFFREY D’ALBORA LINDA GARVIN EDITH HONOLD BERNADETTE BROWN ROWENA DANZIGER AM & KEN G COLES AM CHERRY HOOD

STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 35 FRANCIS HOOPER KIM LEUNG LINA NEHME PROFESSOR EMERITA JOHN TROWELL MARGARET SANKEY & CHRISTINE CLARK SARA HORN THE HON DAVID LEVINE AO RFD PENELOPE NELSON QC & MRS AGNES LEVINE JANINE SCHMIDT SIMON TURNER GEORGINA M HORTON SHIRLEY NEVILLE V A LHUEDE AM DR PETER SCHWEITZER BROOK TURNER KENYA HORTON JANICE NICHOLAS VICKI LIBERMAN ROBYN SCOTT TURNER FREEMAN LAWYERS DR RONALD HOUGHTON MALCOLM NICOLSON DR HILARIE LINDSAY MBE OAM MARIAN SEVILLE CATHERINE TWEEDIE EVELYN HOVEN GLENYS NORRIE ANNE LIPSON PAMELA SHARP MITALI TYAGI ELIZABETH HUGHES CAROLE O’BRIEN PROFESSOR JOHN SHARPE PAULINE TYRRELL CHRISTINE HUGHES GEOFFREY & RACHEL O’CONOR GWYNNYTH LLEWELLYN & CLAIRE ARMSTRONG & THE HON THOMAS HUGHES AO ALEX VARNISH & DARYN POULDEN ALICE OPPEN OAM CRAIG SHAW JOHN HYDE PAGE MARTIN VAUGHAN CHERYL LO JENNIE ORCHARD DR JULIET SHEEN TOM & DEE HYDE PAGE DAVID VEA JEANETTE LOEWENSOHN KIRSTY J O’ROURKE ANDREA & SIMON SHIELDS CRISTINA IONICA ALAN VENTRESS TIM LOVITT MAREE O’SULLIVAN ANDREW SHOLL ROBERT IRVING OAM WENDY WALKER DR DALE LOWE & DR IAN WILLS INGRID PADINA & NIKKI GEMMELL IAN JACKMAN SC ANN WALKER DR CAROLYN LOWRY OAM ELIZABETH PALMER MARK SIECKMAN KIM JACOBS AM & PETER LOWRY OAM CHARMIAN WARDEN MERRILEE PARKER KEN SKILTON RAMI JAMEI RIC LUCAS DR JOHN WARDEN LYNNE PARKINSON ANTHONY SLATER QC CARA CLARE JAMES JANE LYNCH PROFESSOR ELIZABETH PARNELL BEVERLEY SMITH BRUCE WARREN OAM WENDY JAMES OMAR M G PEARSON PATRICIA SMITH VASHTI FARRER KAREN JAMEYSON WENDY MA DEBBIE PERIK DENIS SMITH OAM & MARY SMITH ALISON WATSON VINCENT JEWELL FRANCES MACDONALD JONATHAN & GEORGINA PERSSE MARLENE SMITH DR KIMBERLEY WEBBER KEITH JOHNSON AM LYN & DON MACIVER PROFESSOR EMERITA SOCIETY OF WOMEN WRITERS & EMERITUS PROFESSOR FRANK JOHNSON MACLEAY COLLEGE ROSLYN PESMAN AM NSW INC ROY MACLEOD BEVERLEY JOHNSON SHEELAGH MAHON CAROLINE PHILLIPS ARLETTE SOLE EMERITUS PROFESSOR ELIZABETH WEBBY AM KAREN JOHNSTON PIERRE ST JUST MALHERBE O E PHILLIPS PAULA SOUTHCOMBE BRUCE WELCH DR ROBERT JOHNSTON MAPLE-BROWN FAMILY MARSHALL & CAROLINE PHILLIPS DIANA SOUTHWELL-KEELY FOUNDATION DR JANET WEST PAUL JONES DEBRA PINKERTON THE HON MACQUARIE GROUP RICHARD WHITE OAM MARJORIE JONES CAROLINE PLIM JAMES J SPIGELMAN AC QC & ROBYN WHITE OAM EVELYN JUERS & IVOR INDYK NIKOLAS & JUDITH MARGERRISON PETER POLAND OAM & ALICE SPIGELMAN AM BARBARA WHITE IPHYGENIA KALLINIKOS PAULINE MARKWELL BENJAMIN POLITZER ROBYN STACEY & SHANN TURNBULL SARAH WHYTE ANTON KAPEL DR SUSAN POND AM DAVID STAEHLI ROBIN MATHEWS CAROLINE WILKINSON OAM MARIE KARPIN HELEN POTTIE BEVERLEY STANTON DR ALAN MATTHEWS ELIZABETH WILLIAMS KATZ FAMILY FOUNDATION LORRAINE POUNTNEY IAN & MAISY STAPLETON PETER MCCALL KIM WILLIAMS AM A/PROFESSOR ROSS STEELE AM DR BARBARA KEARNS CLIVE POWELL & CATHERINE DOVEY TIM MCCORMICK BEVERLY STEGGLES JENNIE KELLER ROBERT PRYKE GRAHAM WILSON OAM KATHLEEN L MCCREDIE AM NARELLE KENNEDY KAYE & TONY PURNELL ALISON STEPHEN & HELEN WILSON ROSEMARY MCCULLOUGH PAMELA KENNY ANITA PYRITZ AVEEN & ASHLEY STEPHENSON GAY & BILL WINDEYER LOIS MCCUTCHAN DAVID KENT & ANGELA KENT EMERITUS PROFESSOR ANTONELLA STERRANTINO BRIAN & VALERIE WITCOMBE CHRISTINE MCDIVEN AM JOHN RAMSLAND OAM DR RUTH KERR OAM RUSSELL STEWART SURYO WONGSODIHARDJO IAN & SUSIE MCINTOSH & DR MARIE RAMSLAND DR D KEYWORTH DR CATHERINE STOREY CAROLYN WRIGHT DUNCAN MCKAY PATRICIA GRIMWADE RANKIN GEORGE KING JOY STORIE THE HON LANCE WRIGHT QC BRUCE MCKENZIE GRAHAM J RAWLINGS ROBERT J KING SUSAN & ALAN STRINGFELLOW DR DON WRIGHT IAN MCLACHLAN DILYS RENHAM RICHARD KING ROSALIND STRONG AM JOHN WRIGLEY OAM KEVIN MCMANUS BARBARA RICHARDSON & TONY STRONG & JULIE WRIGLEY ROSALIND KING DR STEPHEN MCNAMARA ANNABEL RITCHIE DR ALLAN STURGESS MIGUEL YAMIN TONI KINGHAM STEPHEN D MCNAMARA KEN ROBERTS ANNE SULLIVAN DR KEIKO YASUKAWA DENIS KLEIN JENNY MCNAUGHTON CHRISTINE L ROBERTSON PENELOPE SUMMERS YIM FAMILY FOUNDATION SYLVIA KLINEBERG DI MCWILLIAM BARBARA ROBERTSON CHRISTOPHER SUNDSTROM DR ANN & DR ROBERT YOUNG HILARY KRAMER NELSON MEERS FOUNDATION WENDY ROBINSON MARY SUTER GORDON YOUNG GILLES T KRYGER SAMANTHA MEERS AO JEANNE ROCKEY MICHAEL SWEETNAM SALLY ZWARTZ THE HON JUSTICE DR WENDY MICHAELS PENELOPE ROGERS WENDY SWINBURN FRANÇOIS KUNC EVELINE MILNE NANCYE ROLFE MARIA SZOKOL PAUL LAIRD CAROLINE & NICK MINOGUE ROBERT ROSE NETTA & STEPHEN TAIT PETER LAMBLE DIANNE MITCHELL JONATHAN & SALLY ROURKE ROSALINE TAM JOHN LAMBLE FOUNDATION BARBARA MOBBS CAROLE ROUSSEL BEVERLEY TAPPER TANIA LAMBLE & BRUCE USHER CATRIONA MORGAN-HUNN DAVID ROUTLEY ANTHONY TARLETON MARGARET LAND ALLAN MOSS AO SARINA ROWELL MARK ROBERT TARMO DR MICHELINE LANE DONALD KEITH MULLIGAN JOHN ROWNES SUSAN TAYLOR JOHN LAWRENCE JUDY MUNDEY ALAN ROZEN VERITY TEMPLE G R LAWRENCE ANNE & DON MUNRO GEMMA RYAN ANNE THOEMING JAMES E LAYT AM SONYA & BARRY MURRAY GEORGE RYAN IAN & VALERIE THOM EMILY LE ALFRED MYERS GREGORY SACHS ROB THOMAS AO DENIS LENIHAN HAL MYERS SARAH SAHYOUN COLIN LENNOX KATHARINE MYRTLE OPPOSITE: LIGHTNING RIDGE, PHOTOGRAPHED BY JOY LAI FOR THE EXHIBITION LIVING LANGUAGE: COUNTRY, 36 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION CULTURE, COMMUNITY BOARD REPORT FOR THE YEAR ENDED 30 JUNE 2019

Board Report STATE LIBRARY OF NEW SOUTH WALES FOUNDATION for the year ended 30 June 2019

BOARD REPORT

FOR THE YEAR ENDED 30 JUNE 2019 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 2019. The State Library of New South Wales Foundation is managed by the State Library and governed by a Board established under the Trust Deed with the Trust safeguarded by Trustees. The Foundation was originally established on 26 July 1989 as a charitable trust. 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 Regulations, Treasurer’s Circulars and Directions. It is covered for insurance through the Treasury Managed Fund Scheme; administered by the NSW Self Insurance Corporation. The Board members at any time during the financial year are listed below:

• Dr Raji Ambikairajah • Mr John Atkin • Mr Graham Bradley AM • Mr Nicholas Carney • Mr Michael Caulfield • Ms Sarah Crouch • Ms Jane Garling • Ms Christine Holman • Ms Gai McGrath • Ms Samantha Meers AO • Mr Tony O’Sullivan • Mr Darren Rudd • Ms Kathy Shand • The Hon. George Souris AM • Mr Rob Thomas AO • Dr John Vallance • Ms Jemima Whyte • Mr Kim Williams AM

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

• Mr Robert Cameron AO • Mr Michael Caulfield • Ms Jane Garling • Ms Gai McGrath • The Hon. George Souris AM

STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 39 Board ReportSTATE LIBRARY OF NEW SOUTH WALES FOUNDATION continued for the year ended 30 JuneBOARD 2019 REPORT

FOR THE YEAR ENDED 30 JUNE 2019

Objects The objects of the Foundation as set out in Clause 11 of the Trust Deed are as follows: • generally to assist the Library to gain, maintain, improve and develop its collection of literary and historical treasures, library artefacts and material now held or hereafter to be held by the Library; • to attract and retain for the Library the continuing interest and financial support of the community at large; • to attract and encourage donations, gifts, bequests, endowments, trusts and other forms of financial assistance to or for the benefit of the Library; • to raise finance for the acquisition and preservation of objects of historic educational and/or social interest, collections and artefacts, works of art of importance and which would be obtained and/or maintained by the library within the terms of its charter; • to raise funds for the development, and sustainable operation, of education programs, exhibition platforms, digital and online experiences, and all other programs approved by the Board in accordance with this Trust Deed; and • to recognise donors as the Board may from time to time determine; and • to do all such things as are incidental or conducive to the attainment of the above objects or any of 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 $5,560,000 (2018: $10,674,000) enabling the Foundation to contribute $7,510,000 (2018: $7,545,000) to the Library. The result for the period was a deficit of $2,631,000 (2018: surplus of $2,444,000). Total Grants and Contributions Income was $4,313,000 (2018: $9,624,000). Contributions include donations and sponsorships $3,483,000 (2018: $5,887,000) and bequests $830,000 (2018: $3,737,000). In line with the objectives of the Foundation, it was resolved to contribute $7,510,000 to the Library for the year ended 30 June 2019 (2018: $7,545,000). Net Assets have reduced to $18,048,000 (2018: $20,679,000) as a result of timing differences in funding obligations regarding the Mitchell Galleries Project. Net assets will be increased as donor contributions for the Mitchell Galleries Project are incrementally received over the next 3 years.

40 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Board Report for the year ended 30 June 2019 continued

STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

The Foundation continued to: a. develop diversified income streams to provide sustainable financial resources for the Library. b. raise funds to assist in the acquisition, preservation and accessibility of the Library's significant collections. c. grow mutually beneficial partnerships and membership programs. d. support prestigious fellowships and awards on behalf of the Library.

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 2019 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 Treasury Managed Fund, administered by the NSW Self Insurance Corporation. Under this scheme, the Board Members are insured for liabilities that may arise from their position with the exception of conduct involving a wilful breach of duty or improper use of information to gain a personal advantage.

STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 41

Board Report STATE LIBRARY OF NEW SOUTH WALES FOUNDATION for the year ended 30 June 2019 continued

BOARD REPORT FOR THE YEAR ENDED 30 JUNE 2019

Governance & meeting attendance In accordance with the Trust Deed, the Foundation has a Board and Trustees. The Board held 6 meetings during the financial year: 16 August 2018, 18 October 2018, 4 December 2018, 14 February 2019, 17 April 2019 and 27 June 2019. The Trustees held a meeting on 24 September 2018. Board Member Eligible Meetings Meetings Attended Dr Raji Ambikairajah 1 3 3 Mr John Atkin 2 2 2 Mr Graham Bradley AM 6 2 Mr Nicholas Carney 6 6 Mr Michael Caulfield 6 5 Ms Sarah Crouch 3 3 3 Ms Jane Garling 4 3 2 Ms Christine Holman 6 4 Ms Gai McGrath 5 3 2 Ms Samantha Meers AO 6 4 4 Mr Tony O’Sullivan 7 3 1 Mr Darren Rudd 6 5 Ms Kathy Shand 8 3 3 The Hon. George Souris AM 6 5 Mr Robert Thomas AO 6 6 Dr John Vallance 6 6 Ms Jemima Whyte 6 4 Mr Kim Williams AM 6 5

Trustee Eligible Meetings Meetings Attended 9 Mr Robert Cameron AO 0 0 Mr Michael Caulfield 10 1 1 Ms Jane Garling 4 0 0 Ms Gai McGrath 5 1 1 The Hon. George Souris AM 1 1

1 Dr Raji Ambikairajah was appointed from 14 February 2019 2 Mr John Atkin’s term concluded 31 December 2018 3 Ms Sarah Crouch was appointed from 14 February 2019 4 Ms Jane Garling was appointed as a Board member and Trustee from 1 January 2019 5 Ms Gai McGrath’s term as a Board member and Trustee concluded 31 December 2018 6 Ms Samantha Meers AO resigned from the Board on 14 February 2019 7 Mr Tony O’Sullivan’s term concluded on 31 December 2018 8 Ms Kathy Shand was appointed to the Board from 14 February 2019 9 Mr Robert Cameron AO was appointed as a Trustee on 1 January 2019 10 Mr Michael Caulfield’s term as a Trustee concluded on 31 December 2018

42 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Board Report for the year ended 30 June 2019 continued

STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

Signed in accordance with a resolution of the Board:

------

Dr John Vallance Rob Thomas AM Honorary Secretary of the Board Co-chair of the Board NSW State Librarian

Dated at Sydney this 6 Day of September 2019

STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 43

TRUSTEES’ DECLARATION & AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2019

INDEPENDENT AUDITOR’S REPORT State Library of New South Wales Foundation

To Members of the New South Wales Parliament Report on the audit of the financial statements Opinion I have audited the accompanying financial statements of the State Library of New South Wales Foundation (the Foundation), which comprise the Statement of comprehensive income for the year ended 30 June 2019, the Statement of financial position as at 30 June 2019, the Statement of changes in equity and the Statement of cash flows for the year then ended, notes comprising a Summary of significant accounting policies and other explanatory information, and the Responsible Persons’ Declaration.

In my opinion:

• the financial statements give a true and fair view of the financial position of the Foundation as at 30 June 2019, and of its financial performance and its cash flows for the year then ended in accordance with Australian Accounting Standards • the financial statements are in accordance with section 41B of the Public Finance and Audit Act 1983 (PF&A Act) and the Public Finance and Audit Regulation 2015 • the financial statements are in accordance with the Charitable Fundraising Act 1991 (CF Act) and the Charitable Fundraising Regulation 2015 (CF Regulation), including showing a true and fair view of the Foundation’s financial result of fundraising appeals for the year ended 30 June 2019 • there are reasonable grounds to believe that the Foundation will be able to pay its debts as and when they fall due over the 12-month period from the date of this report • the financial statements have been prepared in accordance with Division 60 of the Australian Charities and Not-for-Profits Commission Act 2012 and Division 60 of the Australian Charities and Not-for-profits Commission Regulation 2013.

My opinion should be read in conjunction with the rest of this report. Basis for Opinion I conducted my audit in accordance with Australian Auditing Standards. My responsibilities under the standards are described in the ‘Auditor’s Responsibilities for the Audit of the Financial Statements’ section of my report.

I am independent of the Foundation in accordance with the requirements of the:

• Australian Auditing Standards • Accounting Professional and Ethical Standards Board’s APES 110 ‘Code of Ethics for Professional Accountants’ (APES 110).

OPPOSITE: FIRST FLEET JOURNALS, PHOTO BY JOY LAI STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 45

I have fulfilled my other ethical responsibilities in accordance with APES 110.

Parliament promotes independence by ensuring the Auditor-General and the Audit Office of New South Wales are not compromised in their roles by:

• providing that only Parliament, and not the executive government, can remove an Auditor-General • mandating the Auditor-General as auditor of public sector agencies • precluding the Auditor-General from providing non-audit services.

I believe the audit evidence I have obtained is sufficient and appropriate to provide a basis for my audit opinion. Other Information The Foundation’s annual report for the year ended 30 June 2019 includes other information in addition to the financial statements and my Independent Auditor’s Report thereon. The Trustees of the Foundation are responsible for the other information. At the date of this Independent Auditor’s Report, the other information I have received comprise the signed Trustees’ Declaration.

My opinion on the financial statements does not cover the other information. Accordingly, I do not express any form of assurance conclusion on the other information.

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

If, based on the work I have performed, I conclude there is a material misstatement of the other information, I must report that fact.

I have nothing to report in this regard. The Trustee’s Responsibilities for the Financial Statements The Trustees are responsible for the preparation and fair presentation of the financial statements in accordance with Australian Accounting Standards and the PF&A Act, the CF Act and the Australian Charities and Not-for-Profits Commission Act 2012, and for such internal control as the Trustees determine is necessary to enable the preparation and fair presentation of the financial statements that is free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the Foundation’s ability to continue as a going concern, disclosing as applicable, matters related to going concern and using the going concern basis of accounting except where the Foundation’s operations will be dissolved by an Act of Parliament or otherwise cease operations.

The Trustees are also responsible for ensuring the Foundation will be able to pay its debts as and when they fall due. Auditor’s Responsibilities for the Audit of the Financial Statements My objectives are to:

• obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error • issue an Independent Auditor’s Report including my opinion.

Reasonable assurance is a high level of assurance, but does not guarantee an audit conducted in accordance with Australian Auditing Standards will always detect material misstatements. Misstatements can arise from fraud or error. Misstatements are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions users take based on the financial statements.

46 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION

A description of my responsibilities for the audit of the financial statements is located at the Auditing and Assurance Standards Board website at: www.auasb.gov.au/auditors_responsibilities/ar4.pdf. The description forms part of my auditor’s report.

My opinion does not provide assurance:

• that the Foundation carried out its activities effectively, efficiently and economically • that the Foundation has complied with requirements of the CF Act and CF Regulation other than those specified • about the security and controls over the electronic publication of the audited financial statements on any website where they may be presented • about any other information which may have been hyperlinked to/from the financial statements.

Report on compliance with other aspects of the Charitable Fundraising Act 1991 Opinion In addition, I have undertaken an audit to provide reasonable assurance on the Foundation’s compliance, in all material respects with the matters specified at sections 24(2)(b) and 24(2)(c) of the CF Act for the year ended 30 June 2019.

In my opinion:

• the Foundation has properly kept the accounts and associated records during the year ended 30 June 2019 in accordance with the CF Act and CF Regulation (section 24(2)(b) of the CF Act) • the Foundation has, in all material respects, properly accounted for and applied money received as a result of fundraising appeals conducted during the year ended 30 June 2019 in accordance with the CF Act and the CF Regulation (section 24(2)(c) of the CF Act).

My opinion should be read in conjunction with the rest of this report, including the inherent limitations. Basis for Opinion I conducted my audit in accordance with the Standard on Assurance Engagements ASAE 3100 ‘Compliance Engagements’ issued by the Auditing and Assurance Standard Board.

I believe that the evidence I have obtained is sufficient and appropriate to provide a basis for my opinion. The Trustees’ Responsibility under the Charitable Fundraising Act 1991 The Trustees are responsible for:

• complying with the requirements and conditions of the CF Act and CF Regulation • identification of risks that threaten compliance with the requirements identified above being met and controls which will mitigate those risks and monitor ongoing compliance.

Independence and Quality Control In conducting this audit, I have:

• complied with the independence and other relevant ethical requirements relating to assurance engagements • applied ASQC 1 ‘Quality Control for firms that Perform Audits and Reviews of Financial Reports and Other Financial Information, and Other Assurance Engagements and Related Service Engagements’.

STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 47

Auditor’s Responsibilities My responsibility is to express an opinion on the matters specified at sections 24 (2)(b) and 24 (2)(c) of the CF Act. ASAE 3100 requires that I plan and perform procedures to obtain reasonable assurance whether the Foundation has, in all material respects, complied with specific requirements of the CF Act and CF Regulation.

This audit involved performing procedures to obtain audit evidence about the Foundation’s compliance with the CF Act and CF Regulation. The procedures selected depend on my judgement, including the identification and assessment of the risks of material non-compliance with specific requirements of the CF Act and Regulation.

My procedures included obtaining an understanding of the internal control structure for fundraising appeal activities and examination, on a test basis, of evidence supporting the Foundation’s compliance with specific requirements of the CF Act and CF Regulation. Inherent Limitations Because of the inherent limitations of any compliance procedure, together with the Foundation’s internal control structure it is possible that fraud, error or non-compliance with the CF Act may occur and not be detected. My procedures have not been performed continuously throughout the period, were not designed to detect all instances of non-compliance, and have not covered all requirements of the CF Act and CF Regulation.

An audit for the year ended 30 June 2019 does not provide assurance on whether compliance with sections 24(2)(b) and 24(2)(c) of the CF Act will continue in the future. Use of Report The ‘Report on compliance with other aspects of the Charitable Fundraising Act 1991’ section of my report was prepared for the purpose of fulfilling the Foundation’s reporting obligations under the CF Act. I disclaim any assumption of responsibility for any reliance on this section of the report for any other purpose other than for which it was prepared.

Margaret Crawford Auditor-General for NSW

September 2019 SYDNEY

48 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Trustees’ STATE Declaration LIBRARY OF NEW SOUTH WALES FOUNDATION for the year ended 30 June 2019 TRUSTEES’ DECLARATION

FOR THE YEAR ENDED 30 June 2019

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 2019 and of its performance as represented by the results of its operations and its cash flows for the year 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 2015, 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 is able to pay all of its debts as and when they become due and payable;

5. The Financial Statements give a true and fair view of the financial results of fundraising activities for the year ended 30 June 2019;

6. The Financial Statements are properly drawn up and the associated records have been properly kept for the period from 1 July 2018 to 30 June 2019 in accordance with the Charitable Fundraising Act 1991 and Regulations 2015 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 2018 to 30 June 2019;

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; and

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:

------Jane Garling Hon. George Souris AM

Dated at Sydney this 6 Day of September 2019

STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 49 Beginning STATE of LIBRARY the OF NEWaudited SOUTH WALES FOUNDATION financial statements Beginning of the audited financial statements

RESPONSIBLE PERSONS’ DECLARATION

Per section 60.15 of the Australian Charities and Not-for-profits Commission Regulation 2013

The responsible persons declare that in the responsible persons’ opinion:

(a) there are reasonable grounds to believe that the registered entity is able to pay all of its debts, as and when they become due and payable; and (b) the financial statements and notes satisfy the requirements of the Australian Charities and Not-for-profits Commission Act 2012.

Signed in accordance with subsection 60.15(2) of the Australian Charities and Not-for-profit Commission Regulation 2013.

------Jane Garling Hon. George Souris AM

Dated at Sydney this 6 Day of September 2019

50 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Statement STATE LIBRARYof comprehensive OF NEW SOUTH WALES FOUNDATION income for theStatement year ended of comprehensive 30 June income 2019 for the year ended 30 June 2019

Notes 2019 2018 $’000 $’000

Expenses Personnel service expense 2a, 11 586 589 Other operating expense 2b 95 96 Contributions to Library Council of NSW 2c, 11 7,510 7,545 Total expenses 8,191 8,230

Revenue Investment revenue 3a 1,101 900 Contributions 3b 4,313 9,624 Other revenue 3c 146 150 Total revenue 5,560 10,674

Net result (2,631) 2,444

Other comprehensive income - - Total other comprehensive income - -

TOTAL COMPREHENSIVE INCOME (2,631) 2,444

The accompanying notes form part of these financial statements

The accompanying notes form part of these financial statements

STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 51 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION Statement of financial position for the year endedStatement 30 of finanJunecial 2019 position as at 30 June 2019

Notes 2019 2018 $’000 $’000

Assets Current assets Cash and cash equivalents 4 2,782 1,107 Receivables 5 8 20 Financial assets at fair value 6a 5,902 6,815 Total current assets 8,692 7,942

Non-current assets Financial assets at fair value 6b 10,056 13,505 Total non-current assets 10,056 13,505

Total assets 18,748 21,447

Liabilities Current liabilities Payables 7 700 768 Total current liabilities 700 768

Total liabilities 700 768

Net assets 18,048 20,679

Equity Accumulated funds 18,048 20,679 Total equity 18,048 20,679

The accompanying notes form part of these financial statements

The accompanying notes form part of these financial statements

52 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION STATE LIBRARY OF NEW SOUTH WALES FOUNDATION Statement of changes in equity for the yearStatement ended of changes 30 June in equity 2019 for the year ended 30 June 2019

Accumulated Funds $’000 Balance as at 1 July 2018 20,679

Net result for the period (2,631) Other comprehensive income for the period - Total other comprehensive income - Total comprehensive income for the period (2,631) Balance at 30 June 2019 18,048

Accumulated Funds $’000 Balance as at 1 July 2017 18,235

Net result of the year 2,444 Other comprehensive income for the year - Total other comprehensive income - Total comprehensive income for the year 2,444 Balance at 30 June 2018 20,679

The accompanying notes form part of these financial statements

The accompanying notes form part of these financial statements

STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 53 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION Statement of cash flows Statement of cash flows for the year ended 30 June 2019 for the year ended 30 June 2019

Notes 2019 2018 $’000 $’000 Cash flows from operating activities Payments Personnel services expense (596) (589) Contributions to Library Council of NSW (7,574) (7,162) Suppliers (90) (107) Total payments (8,260) (7,858)

Receipts Contributions 4,313 9,624 Interest received 8 17 Other 159 152 Total receipts 4,480 9,793 Net cash flows from operating activities 9 (3,780) 1,935

Cash flows from investing activities Proceeds from sale of financial assets at fair value 7,512 7,590 Purchase of financial assets at fair value (2,057) (10,096) Net cash flows from investing activities 5,455 (2,506)

Net increase/(decrease) in cash and cash equivalents 1,675 (571) Cash and cash equivalents at beginning of financial period 1,107 1,678 Cash and cash equivalents at end of period 4 2,782 1,107

The accompanying notes form part of these financial statements

The accompanying notes form part of these financial statements

54 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Notes to the Financial Statements for the year ended 30 June 2019 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

Notes to the financial statements for the year ended 30 June 2019

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, 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 2020 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 2019 have been authorised for issue by the Trustees on 6 September 2019.

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 and as amended March 2016 • Applicable Australian Accounting Standards including Australian Accounting Interpretations • The requirements of the Public Finance and Audit Act, 1983 and Regulation 2015 • The requirements of the Charitable Fundraising Act, 1991 • The requirements of the Australian Charities and Not-for-profits Commissions Act 2012 and Regulation 2013

Financial assets “through the profit and loss” and donated collection material 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.

d. Insurance The entity’s insurance activities are included with the Library’s insurance coverage through the Treasury Managed Fund administered by the NSW Self Insurance Corporation. The expense (premium) is determined by the fund manager based on past claim experience.

STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 55 Notes to the Financial Statements for the year ended 30 June 2019 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

Notes to the financial statements for the year ended 30 June 2019

1. Summary of significant accounting policies (continued)

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 payable to the Australian Taxation Office is included as a current liability 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. Income Tax Exemption The State Library of NSW Foundation is a charity and endorsed to access the Income Tax Exemption since the 1st July 2000.

g. 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.

iii) Investment revenue Interest revenue is calculated by applying the effective interest rate to the gross carrying amount of a financial asset except for financial assets that subsequently become credit- impaired. For financial assets that become credit impaired, the effective interest rate is applied to the amortised cost of the financial asset (i.e. after deducting the loss allowance for expected credit losses). Imputation tax credits on investment income are recognised as revenue when the application for refund is approved by the Australian Taxation Office. Franking credit is recognised in accordance with AASB 118 Revenue when the right to receive the revenue is established.

56 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Notes to the Financial Statements for the year ended 30 June 2019 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

Notes to the financial statements for the year ended 30 June 2019

1. Summary of significant accounting policies (continued)

h. Assets – Investments

i) Financial assets at fair value

Classification and measurement under AASB 9 (from 1 July 2018)

The Library’s only Financial Assets are TCorpIM Funds which are initially recognised at fair value. Transaction costs of financial assets carried at fair value through profit or loss are expensed in net results. TCorpIM Funds are managed and their performance is evaluated on a fair value basis and therefore the business model is neither to hold to collect contractual cash flows or sell the financial asset. Hence these investments are mandatorily required under AASB 9 to be measured at fair value through profit or loss.

A gain or loss on TCorpIM Funds that is measured at fair value is presented in ‘investment revenue’ in the period in which it arises.

Classification and measurement under AASB 139 (for comparative period ended 30 June 2018)

The TCorpIM Funds are designated at fair value through profit or loss as 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 line item ‘Investment Revenue’.

ii) Impairment of financial assets 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 for impairment.

i. Liabilities- Personnel services expense payable and other provisions The Foundation does not employ staff nor does it have the capacity to employ staff. The Foundation utilises the personnel services of the Library Council of NSW Staff Agency on an ongoing basis. The personnel services expense is charged by the Library Council of NSW Staff Agency according to services performed. The Foundation has no employee obligations under this arrangement.

j. Fair value hierarchy A number of entity’s accounting policies and disclosures require the measurement of fair values, for both financial and non-financial assets and liabilities. When measuring fair value, the valuation technique used maximises the use of relevant observable inputs and minimises the use of unobservable. Under AASB 13, the entity categorises, for disclosure purposes, the valuation techniques based on the inputs used in the valuation techniques as follows:

• Level 1 – quoted prices in active markets for identical assets/liabilities that the entity can access at the measurement date. • Level 2 – inputs other than quoted prices included within Level 1 that are observable, either directly or indirectly. • Level 3 – inputs that are not based on observable market data (unobservable inputs).

STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 57 Notes to the Financial Statements for the year ended 30 June 2019 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

Notes to the financial statements for the year ended 30 June 2019

1. Summary of significant accounting policies (continued)

j. Fair value hierarchy (continued) The entity recognises transfers between levels of the fair value hierarchy at the end of the reporting period during which the change has occurred. Refer to Note 10 for further disclosures regarding fair value measurements of financial instruments.

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

l. 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.

m. Changes in accounting policy, including new or revised Australian Accounting Standards

i) Effective for the first time in 2018-19 The entity has adopted AASB 9 Financial Instruments (AASB 9), which resulted in changes in accounting policies in respect of recognition, classification and measurement of financial assets and financial liabilities; derecognition of financial instruments; impairment of financial assets and hedge accounting. AASB 9 also significantly amends other standards dealing with financial instruments such as the revised AASB 7 Financial Instruments: Disclosures (AASB 7R). The entity applied AASB 9 retrospectively but has not restated the comparative information which is reported under AASB 139 Financial Instruments: Recognition and Measurement (AASB 139).

The classification and measurement requirements of AASB 9 did not have a significant impact to the entity. The entity continued measuring at fair value, all financial assets previously held at fair value under AASB 139.

The following are the changes in the classification of the entity’s financial assets:

• Trade receivables and other financial assets (i.e., term deposits) classified as ‘Loans and receivables’ under AASB 139 as at 30 June 2018 are held to collect contractual cash flows representing solely payments of principal and interest. At 1 July 2018, these are classified and measured as debt instruments at amortised cost.

• Investments in TCorpIM Funds are managed on a fair value basis and hence were designated at fair value through profit or loss under AASB 139 as at 30 June 2018. Under AASB 9, these are now mandatorily required at transition date of 1 July 2018 and going forward to be classified and measured as fair value through profit or loss.

• The entity has not designated any financial liabilities at fair value through profit or loss. There are no changes in the classification and measurement for the entity’s financial liabilities.

The adoption of AASB 9 has changed the entity’s accounting for impairment losses for financial assets by replacing AASB 139’s incurred loss approach with a forward-looking expected credit loss (ECL) approach. AASB 9 requires the entity to recognise an allowance for ECLs for all debt instruments not held at fair value through profit or loss. There is no material impact to the entity on adopting the new impairment model.

58 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Notes to the Financial Statements for the year ended 30 June 2019 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

Notes to the financial statements for the year ended 30 June 2019 1. Summary of significant accounting policies (continued)

m. Changes in accounting policy, including new or revised Australian Accounting Standards (continued)

ii. Issued but not yet effective NSW public sector entities are not permitted to early adopt new Australian Accounting Standards, unless Treasury determines otherwise. Certain new accounting standards and interpretations have been published that are not yet effective for 30 June 2019 reporting period. The following new Accounting Standards and Interpretations have not yet been adopted and are not yet effective:

• AASB 15 Revenue from Contracts with Customers Effective • AASB 1058 Income of Not-for-Profit Entities

The Foundation has assessed the impact of those new standards and interpretations and considers the impact to be immaterial.

• AASB 15 Revenue from Contracts with Customers The impact of this standard relates to the timing of the recognition of revenue on sponsorships, partnerships and subscriptions received by the Foundation resulting from an agreement with a third party that creates enforceable rights and obligation and includes sufficiently specific performance obligation.

• AASB 1058 Income of Not-for-Profit Entities The potential impact of this standard relates to the recognition of volunteer services if the Foundation elects to recognise the services and the fair value of the services can be measured reliably.

STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 59 Notes to the Financial Statements for the year ended 30 June 2019 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

Notes to the financial statements for the year ended 30 June 2019

2. Expenses

a. Personnel service expense 2019 2018 $’000 $’000 Personnel service charge by Library Council of NSW Staff Agency 586 589 Total personnel service expense 586 589

b. Other operating expenses

i. Direct fundraising expenses Printing & advertising 22 11 Catering for fundraising activities 10 13 Other expenses 21 6 Total direct fundraising expenses* 53 30

ii. Indirect fundraising expenses Auditors remuneration** 20 20 Postage and printing 3 20 Professional fees 4 - General expenses 15 26 Total indirect fundraising expenses 42 66 Total other operating expenses 95 96

* 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 $261 thousand (2018: $176 thousand). The total direct cost of fundraising is $314 thousand (2018: $206 thousand).

** The Auditor received no benefits other than those disclosed above.

Employment expenses are paid by the Library Council of NSW Staff Agency and Personnel Services are charged to the Foundation for staff undertaking Foundation activities.

c. Contributions to Library Council of NSW

Contributions for Library projects 7,510 7,545 Total contributions to Library Council of NSW 7,510 7,545

The timing of contributions from the State Library of NSW Foundation is a direct result of the progress with the Library projects that the Foundation supports.

60 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Notes to the Financial Statements for the year ended 30 June 2019 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

Notes to the financial statements for the year ended 30 June 2019

3. Revenue

a. Investment revenue 2019 2018 $’000 $’000 Interest received 8 17 Distribution from TCorpIM investment facility 294 445 Gains/(losses) on TCorpIM Funds measured at fair value 799 - Gains/(losses) on TCorpIM Funds designated at fair value - 438 Total investment revenue 1,101 900

b. Contributions

i. Fundraising

Donations 3,138 5,768 Sponsorships & partnerships 345 119 Bequest income 830 3,737 Total fundraising 4,313 9,624

c. Other revenue

Subscriptions 145 143 Refunds / (Franking Credit) 1 7 Total other revenue 146 150

STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 61 Notes to the Financial Statements for the year ended 30 June 2019 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

Notes to the financial statements for the year ended 30 June 2019

4. Cash and cash equivalents 2019 2018 $’000 $’000 Cash at bank and on hand 2,782 1,107 Total cash and cash equivalents 2,782 1,107

5. Receivables

Other debtors 8 20 Total receivables 8 20

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.

6. Financial assets at fair value

a. Current assets TCorpIM Tailored Deposit Short Term 2,036 4,000 TCorpIM Medium Term Facility 3,866 2,815 Total current assets 5,902 6,815

b. Non-current assets TCorpIM Medium Term Facility 10,056 13,505 Total non-current assets 10,056 13,505

Total financial assets at fair value 15,958 20,320

c. Reconciliation Carrying amount at the beginning of the financial year 20,320 16,931 Additions 2,057 10,096 Distribution 294 444 Disposals (7,512) (7,589) Fair value gain/(loss) of financial assets at fair value 799 438 Carrying amount at the end of the financial year 15,958 20,320

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

Financial assets are classified as current in the Statement of Financial Position if they are expected to be drawn on to fund Library projects in the ensuing year as budgeted.

62 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Notes to the Financial Statements for the year ended 30 June 2019 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

Notes to the financial statements for the year ended 30 June 2019

7. Payables

2019 2018 $’000 $’000 Library Council of NSW 688 746 Trade Creditors 3 2 Accrued Creditors 9 20 Total payables 700 768

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.

8. Restricted assets The Foundation has assets valued at $13.1 million (2018: $13.4 million) received from bequests and contributions with special conditions in the documents. $11.1 million has been invested in TCorpIM Investment facilities and the revenue from the investment is used to fund relevant activities and projects in line with the conditions imposed. The remaining $2.0 million is included in the cash balance.

9. Reconciliation of cash flows from operating activities to net result

Net cash provided by/(used) by operating activities (3,780) 1,935 Gains/(Loss) on investments 1,093 883 Increase/(Decrease) in receivables (12) (2) (Increase)/Decrease in payables 68 (372) Net result (2,631) 2,444

10. 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 Audit & Risk Committee is responsible on behalf of the Library Council and Foundation Trustees for the oversight of risk management and reviews and endorses policies for managing risks. Compliance with policies relating to financial matters is subject to oversight by the Audit & Risk Committee and is reviewed on a periodic basis.

STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 63 Notes to the Financial Statements for the year ended 30 June 2019 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

Notes to the financial statements for the year ended 30 June 2019

10. Financial instruments and risk management (continued)

a. Financial instruments categories

Carrying Amount Financial Instrument Note Category 2019 2018 Categories $’000 $’000 Cash and cash equivalents 4 N/A 2,782 1,107 Receivables (1) 5 At amortised cost 7 14 Financial assets at fair 6 At fair value through profit or 15,958 20,320 value** loss Payables (2) 7 Financial liabilities measured 697 766 at amortised cost

(1) Excludes statutory receivables as these items are not within scope of AASB 7. In 2018 comparative figures for receivables were categorised as loans and receivables at amortised cost under AASB 139 whereas 2019 is under AASB 9. (2) Excludes statutory payables as these items are not within scope of AASB 7. ** The average rate of return for financial assets at fair value held in the TCorpIM Investment Facility for the 2019 year was 6.38% (2018: 5.07%).

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, IM 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 TCorpIM Tailored Deposit facility is discussed in paragraph (d) below.

Receivables There are no financial assets that are past due or impaired as at 30 June 2019.

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.

64 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Notes to the Financial Statements for the year ended 30 June 2019 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

Notes to the financial statements for the year ended 30 June 2019

10. Financial instruments and risk management (continued)

c. Liquidity risk (continued)

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 applicable during the year was 9.96% (2018: 9.73%).

The table below summarises the maturity profile of the entity’s financial liabilities together with the interest rate exposure. 2019 Interest Rate Exposure Maturity Dates $’000 Nominal Fixed Variable Non- <1 Year 1-5 Years >5 Amount Interest Interest Interest Years Rate Rate Bearing Financial Liabilities Payables 697 - - 697 697 - -

2018 Interest Rate Exposure Maturity Dates $’000 Nominal Fixed Variable Non- <1 Year 1-6 Years >5 Amount Interest Interest Interest Years Rate Rate Bearing Financial Liabilities Payables 766 - - 766 766 - -

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 TCorpIM investment facilities and authority deposits. The entity has no borrowings and does not enter into commodity contracts. The entity’s exposure to interest rate risk is set out below. 2019 Carrying -1% -1% 1% 1% In $’000 Amount Profit Equity Profit Equity Financial assets Cash and cash equivalents 2,782 (28) (28) 28 28 Receivables 7 - - - - Financial assets at fair value 15,958 (160) (160) 160 160 Financial liabilities Payables 697 - - - -

2018 Carrying -1% -1% 1% 1% In $’000 Amount Profit Equity Profit Equity Financial assets Cash and cash equivalents 1,107 (11) (11) 11 11 Receivables 14 - - - - Financial assets at fair value 20,320 (203) (203) 203 203 Financial liabilities Payables 766 - - - -

STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 65 Notes to the Financial Statements for the year ended 30 June 2019 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

Notes to the financial statements for the year ended 30 June 2019

10. Financial instruments and risk management (continued)

d. Market risk (continued)

Other price risk – TCorpIM Facilities The entity is exposed to price risk primarily through its investments in the TCorpIM 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 TCorpIM investment trusts.

Facility Investment Sectors Investment 2019 2018 Horizon $’000 $’000 TCorpIM Cash, money market Tailored instruments, Australian bonds, 30 days 2,036 4,000 Deposit Short listed property, Australian and Term international shares TCorpIM Cash, money market 3 years to 7 13,922 16,320 Medium-term instruments, Australian bonds, years growth facility listed property, Australian and international shares

The unit price of each facility is equal to the total fair value of net assets held by the facility divided by the number of units on issue for the 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, TCorpIM has appointed external managers to manage the performance and risks of each facility in accordance with a mandate agreed by the parties. TCorpIM has also leveraged off internal expertise to manage certain fixed income assets for the investment facilities. A significant portion of the administration of facilities is outsourced to an external custodian.

Investment in the T-CorpIM 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 TCorpIM 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 TCorpIM Investment facilities are measured 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 advised by TCorp) multiplied by the redemption value as at 30 June each year for each facility (balance from TCorpIM statement).

Facility Change Impact on profit/loss in unit 2019 2018 price $’000 $’000 TCorpIM Tailored Deposit Short Term +/-1% 20/(20) 40(40) TCorpIM Medium-term growth facility +/-6% 835/(835) 979/(979)

66 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Notes to the Financial Statements for the year ended 30 June 2019 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

Notes to the financial statements for the year ended 30 June 2019

10. Financial instruments and risk management (continued)

e. Fair value compared to carrying amount

Financial instruments are generally recognised at cost, with the exception of both the TCorpIM facilities and tailored deposits, which are measured at fair value. The value of the TCorpIM 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 TCorpIM 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).

Financial assets at fair value Level 1 Level 2 Level 3 2019 Total $’000 $’000 $’000 $’000 TCorpIM Tailored Deposit Short Term - 2,036 - 2,036 TCorpIM Medium-term growth facility - 13,922 - 13,922 Total - 15,958 - 15,958

Financial assets at fair value Level 1 Level 2 Level 3 2018 Total $’000 $’000 $’000 $’000 TCorpIM Tailored Deposit Short Term - 4,000 - 4,000 TCorpIM Medium-term growth facility - 16,320 - 16,320 Total - 20,320 - 20,320

(The tables above include 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 periods ended 30 June 2019 and 30 June 2018.

STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 67 Notes to the Financial Statements for the year ended 30 June 2019 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

Notes to the financial statements for the year ended 30 June 2019

11. Related parties

a. Related Party Transactions Transactions with related parties (Library Council of NSW and Staff Agency) of $8,096 thousand (2018: $8,134 thousand) represent the contributions of $7,510 thousand (2018: $7,545 thousand) and personnel services expense of $586 thousand (2018: $589 thousand) to the Staff Agency. At balance date, the entity has receivables of Nil (2018: Nil) and a payable of $688 thousand (2018: $746 thousand) with related parties.

b. Related Party Key Management Disclosures The Foundation is formed under a trust deed and the control, management and conduct of the business of the Foundation and its day to day affairs is vested in the Board.

The Foundation is a wholly controlled entity of the Library Council of NSW.

No member of the Foundation Board, Foundation Trustee, the Library Council or Key Management Personnel of the State Library received remuneration in their capacity other than reimbursements of travel and other expenses of an immaterial amount.

The following people were members of the State Library of NSW Foundation during 2018/19

Dr Raji Ambikairajah (from 14 February 2019) Mr John Atkin (to 31 December 2018) Mr Graham Bradley AM Mr Nicholas Carney Mr Michael Caulfield Ms Sarah Crouch (from 14 February 2019) Ms Jane Garling (from 1 January 2019) Ms Christine Holman Ms Gai McGrath (to 31 December 2018) Ms Samantha Meers AO (to 14 February 2019) Mr Tony O’Sullivan (to 31 December 2018) Mr Darren Rudd Ms Kathy Shand (from 14 February 2019) The Hon. George Souris AM Mr Rob Thomas AO (Co-Chair) Dr John Vallance Ms Jemima Whyte Mr Kim Williams AM (Co-Chair)

The following were Trustees of the State Library of NSW Foundation during 2018/19

Mr Robert Cameron AO (from 1 January 2019) Mr Michael Caulfield (to 31 December 2018) Ms Jane Garling (from 1 January 2019) Ms Gai McGrath (to 31 December 2018) The Hon. George Souris AM

The State Librarian is Dr John Vallance and the Foundation Director is Ms Susan Hunt.

68 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION Notes to the Financial Statements for the year ended 30 June 2019 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

Notes to the financial statements for the year ended 30 June 2019

11. Related parties (continued)

b. Related Party Key Management Disclosures (continued) During the period, Key Management Personnel received remuneration as listed below and reimbursements of travel and other expenses of immaterial amounts. No non-monetary remuneration was received in the year.

Compensation 2019 2018 Remuneration Remuneration $’000 $’000

Short term benefits 185 184 Post-employment benefits - - Other long term benefits - - Termination benefits - - Total 185 184

12. Contingent assets and liabilities The Foundation has no material contingent assets or contingent liabilities as at 30 June 2019 (2018: Nil).

13. Commitments The Foundation's commitments as at 30 June 2019 are Nil (2018: Nil).

14. 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. Comparisons of certain monetary figures and percentages in accordance with the requirements of the Charitable Fundraising Act 1991 are set out below:

2019 2018 $’000 $’000 Result of fundraising appeals Aggregate gross income from fundraising (Note 3b (i)) 4,313 9,624 Less total direct cost of fundraising (Note 2a & 2b (i)) (314) (206) Net surplus from fundraising 3,999 9,418

2019 2018 $’000 % $’000 % Total costs of fundraising/aggregate 314/4,313 7% 206/9,624 2% gross income from fundraising Net surplus from 3,999/4,313 93% 9,418/9,624 98% fundraising/aggregate gross income from fundraising Total cost of services provided/total 314/8,191 4% 206/8,230 3% expenditure Total costs of services provided/total 314/5,560 6% 206/10,674 2% gross income received

STATE LIBRARY OF NSW FOUNDATION 2018–19 Annual Report 69 Notes to the Financial Statements for the year ended 30 June 2019 STATE LIBRARY OF NEW SOUTH WALES FOUNDATION

Notes to the financial statements for the year ended 30 June 2019

14. Disclosure under Charitable Fundraising Act 1991 (continued)

There is no information of a material matter or occurrence to report. 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 $4.6 million for projects not completed by 30 June 2019 is represented by cash, cash equivalents and TCorpIM investment facilities.

15. 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.

From 1 July 2019, the Library Council of NSW will move to the Department of Premier and Cabinet cluster.

End of audited financial statements

70 2018–19 Annual Report STATE LIBRARY OF NSW FOUNDATION CONTACT INFORMATION AND ACKNOWLEDGMENTS TEXT BY SUSAN HUNT, ALICE TONKINSON AND SARAH MILLER EDITING AND PROOFREADING BY CATHY PERKINS DESIGN AND PRODUCTION BY DOMINIC HON UNLESS OTHERWISE STATED, ALL PHOTOGRAPHIC AND IMAGING WORK IS BY DIGITISATION AND IMAGING, STATE LIBRARY OF NSW

COVER IMAGE: #NEWSELFWALES EXHIBITION, OPEN DAY, 6 OCTOBER 2018, PHOTO BY JOY LAI

INSIDE COVER / FLAP IMAGE: LAUNCH OF THE NEW GALLERIES, OCTOBER 2018, PHOTO BY BRUCE YORK

INSIDE BACK COVER IMAGE: FAMILY SUNDAY AT THE LIBRARY, PHOTO BY JOY LAI

E&D-5378–10/2019

ISSN 1448-627X (PRINT) ISSN 2202-5669 (ONLINE)

© STATE LIBRARY OF NSW 2019

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