King's College Foundation Annual Report

King’s College Foundation Annual Report 2016

Foundation Director Sir Colin Giltrap and his grandson Marco Giltrap (Averill, Year 9) at the College’s annual Grandparents’ Day.

Contents

President’s Report 4 Our Foundation Board of Management 6 Investment Committee’s Report 8 Our Investment Committee 9 Our Deed 10 Capital Endowment Funds 12 Phil Ryall Bursary 16 Past Scholarship recipients 18 - Randall Kamea - Tim Southee Specific Endowment Funds 20 Staff Support Funds 23 2016 Margaret Myers Fellowship 24 Summary of Financial Statements 26 Membership 29 Our Members 30 PRESIDENT’S REPORT President’s Report

I am very pleased to present our In 2016 the Foundation granted $770,000 towards 37th Annual Report to Members of scholarships, spread across 65 students. the King’s College Foundation. In addition, $130,000 was contributed to various other non student scholarship recipients, including the highly-sought- Celebrating a steady 2016 after Margaret Myers Fellowship that enables two teachers a year to travel overseas to learn more about their chosen The College is in a healthy position as the 2017 year subjects. The two recipients for 2016 were Bryan Sapsworth commences, and we can look back on a relatively robust and Ro Bairstow. You can read about their experiences while and steady 2016. The roll is at an all-time high, and future on the Fellowship on pages 24 and 25. enrolment applications are strong. Our Headmaster, Simon Lamb, has settled well into his role, gained much I would like to acknowledge Andy Morris, who chairs our respect throughout the College and our wider King’s Investment Committee. Andy is well respected in the community, and he is gradually implementing his vision financial sector, and ensures a robust process is in place of new teaching and learning dimensions in our with the Fund managers who manage our investments on College classrooms. our behalf. They regularly attend our meetings to explain their investment strategies, views of the markets and, of The primary role of the Foundation continues to be to assist course, the returns they deliver to our Endowment Fund. the College financially, with income generated through the Endowment Fund largely focused towards funding student We are fortunate to also have Peter Clarke, James Mitchell scholarships and bursaries. This means–tested funding not and James Ring contribute their investment skills to only helps students attend King’s who otherwise might not this Committee. They are ably assisted and supported by have been able to but, also helps to raise our standard in the the College’s Director of Financial Services, Paul Chapman. academic, cultural and sporting fields. Paul collates the information on a monthly basis and I thank him for his detailed reports. We reported another steady year of growth for the Fund in 2016, albeit not at the heady heights of previous years. In 2016, we welcomed a new member to our Board, Liz The Endowment Fund returned a net 5.4 per cent, Young. Liz replaces Peter Rose, who stepped down mid last which benchmarks well when compared to other similar year after many years of dedicated service to the College. balanced funds that averaged 3.5 per cent. Liz and her husband, Vic, had their son educated recently at King’s and she is a passionate advocate for the College. There is an increasing desire by the College to see our 35m Scholarship and Bursary students acknowledge that it is

indeed a privilege to be a recipient. In fact, several of the 20m existing Endowment Funds are the result of significant donations by previous scholarship beneficiaries. There is 15m a future expectation that, over time, these students will acknowledge the generous efforts of the Foundation and 10m give back to King’s, either financially or by way of giving 5m their time to the College.

0m 2012 2013 2014 2015 2016

4 FOUNDATION ANNUAL REPORT 2016 PRESIDENT’S REPORT PRESIDENT’S

There is an increasing desire by the College to see our Scholarship and Bursary students acknowledge that it is indeed a privilege to be a recipient.

Midway through 2016 Jeanette Paine was appointed as the This year the King’s Board of Governors has been focusing College’s new Director of Marketing and Development and on the preparation of a Master Property Development Plan in the short time since her arrival, she has assembled a strong for the College which will form the blueprint for the next 15 team to assist her in this important area of focus for King’s. to 20 years. This will be a major focus for the Foundation.

Jeanette works closely with our Foundation, providing As this Plan unfolds, there will be opportunities for a guidance and support for all of our marketing and significant fundraising campaign. More information will communications activities. She is currently formulating a come to hand over the course of the year and we look Development Programme, which will include fundraising forward to communicating with you further on this. There’s and a more visible Bequest programme. no doubt that exciting times lie ahead for our College.

One of the other core functions of the Foundation is to Finally, my sincere thanks to my fellow Foundation Board grow our membership base. To this end we continue to Members Ross Green, Carrie Hobson, Andy Morris, Peter host the New Parents Evenings, and the annual Donors Wilson, Murray Reid and Liz Young for their continued Thank You function. commitment, and the ever-willing and generous time and support that they give to our Foundation. Looking ahead Virtus Pollet. Looking to 2017, we continue to engage with our wider Richard Kidd King’s community at a number of new and traditional events. PRESIDENT In a departure from tradition this year, our 37th Annual General Meeting will be held off site at the Northern Club as a breakfast function on Thursday 1 June.

We feel this may encourage more of our centrally-based Auckland members to attend. The Headmaster and Chairman of the Board will both give an address and I look forward to seeing many of you there.

FOUNDATION ANNUAL REPORT 2016 5 Our Foundation Board of Management

The control, management and conduct of the affairs of our Foundation are vested in the Foundation Board of Management.

OUR FOUNDATION BOARD FOUNDATION OUR THE BOARD OF MANAGEMENT COMPRISES: Foundation in growing its Endowment Fund to support the • Four persons, each being a member of the Foundation in College with scholarships and other funding. Richard holds any class of membership, appointed by the King’s College a Bachelor of Agricultural Science and a Graduate Diploma Board of Governors. The 2016 Members are Richard Kidd, in Business. Peter Wilson, Ross Green and Liz Young. Peter W Wilson ONZM • Three persons who are members in any class of INVESTMENT COMMITTEE MEMBER membership elected by the Members. Current Members are Andy Morris, Murray Reid, Carrie Hobson. Peter is an Old Collegian (School, 1952–56) and the founder of an internationally-aligned Auckland accountancy practice. • The Headmaster of the College as an ex-officio member He has served as a company director and financial advisor in of the Board of Management. a diverse range of commercial and investment organisations. The Foundation Board of Management meets formally every Peter is well-known for his long association with the month to review overall progress on the goals of the College and Old Collegians and is the past president of Foundation. The Director of Marketing and Development and the Foundation Board of Management. He is also widely the Director of Commercial Services of the College attend the recognised for his involvement in New Zealand sports Foundation Board meetings. administration and management. Richard Kidd Peter strongly believes in providing the opportunity for parents PRESIDENT from all over New Zealand to have their sons and daughters INVESTMENT COMMITTEE MEMBER benefit from a strong, private education at King’s College and become the best all-rounded individuals they can be. Richard is an Old Collegian (Peart, 1969–73), who was Head of House and Deputy Head of the College in his final year. Ross Green He represents the Foundation on the Board of Governors. CHAIRMAN OF THE BOARD OF GOVERNORS He has lived and farmed at Helensville for more than 38 INVESTMENT COMMITTEE MEMBER years. Richard and his wife, Dianne, have three sons, all of Ross is an Old Collegian (Selwyn, 1968–72) and past parent. whom boarded in School House. He is married to Josephine and they have two children, Richard is passionate about King’s maintaining its position Caroline, and Billy (Major, 2003–07), who was Deputy Head as a leading secondary school in New Zealand and, Boy at King’s College in 2007. therefore, he is keen to give his time, primarily to assist the

Front left: Andy Morris, Peter W Wilson, Richard Kidd, Simon Lamb, Carrie Hobson, Ross Green, Liz Young, and Murray Reid.

6 FOUNDATION ANNUAL REPORT 2016 OUR FOUNDATION BOARD

His business career has primarily been in property in Auckland where Carrie has more than 25 years’ corporate experience, initially in banking he is best known as the founder and joint CEO of Kiwi Income Property and finance, and latterly in executive search. She is a founder and Trust, which grew to become New Zealand’s largest listed property owner of Hobson Leavy Ltd, a retained executive search firm. Carrie investment vehicle. In recent years, Ross has continued his interest in has an Honours degree in Economics from the University of Otago, property in a private capacity. is an approved Certified Finance and Investment Professional (CFIP) and a member of the Institute of Directors in New Zealand. She has Outside of business, he has served on the boards of St Cuthbert’s also completed the Advanced Course in Executive Search from Cornell College, the Spirit of Adventure Trust and the New Zealand Maritime University, New York. Museum, and is currently on the board of the Home and Family Trust, and the Auckland Theatre Company, as well as being Chairman of the As a parent of three children attending King’s College, Carrie believes Waterfront Theatre Trust and the Ranfurly Care Society. the College embraces the whole student in their pursuit to be the best that they can be — academically, on the sports field and in cultural Andy Morris activities — but it is more than this: King’s College provides the student HEAD OF THE INVESTMENT COMMITTEE with a greater understanding of the community in which they live while Andy is an Old Collegian (Marsden/St John’s, 1974–78). His two eldest nurturing their personal well-being. It also helps them develop critical sons completed their schooling at the College - Sam (St John’s, thinking and intellectual independence. 2011–12) and Nick (St John’s/Greenbank, 2014–15) – and his youngest Tama is currently in Greenbank House. Liz Young Liz joined the Foundation Board in 2016. She and her husband, Victor, Andy is a Principal at investment management business, NZAM. His have two children, Conrad (Peart, 2007–12) and Isabella. previous roles include Head of Wealth, Westpac; GM–Europe and Americas; Westpac and Treasurer; Lloyds Bank Australia. Andy began Liz has a Bachelor of Pharmacy from the University of Otago, and has his career at Southpac Merchant Finance. owned a pharmacy for the past 23 years. She has been a director of a medical wholesaler and a natural New Zealand bodycare company. When it comes to King’s and education, Andy believes that all students who attend the College receive a comprehensive education that will She is currently on the advisory board of Vantage, New Zealand’s ensure when they leave they do so as excellent all-rounders, equipped largest group of independent pharmacies and has roles in various with the life skills and sense of self needed to carve successful pathways women’s advisory groups as well as being a member of New Zealand for themselves. Asian Leaders.

Murray Reid Liz feels very strongly about the power of students to influence and shape the world we live in and that given the right opportunity, every Murray has been a Foundation Board Member since 2011 and is an Old child can achieve. She is passionate about maintaining and improving Collegian (School, 1974–78). His two sons, Hamish and Johnny, attended what we have at King’s for future generations. the College between 2006 and 2013 (Peart).

Murray holds a Bachelor of Commerce (Agricultural) from Lincoln Simon Lamb University and has more than 25 years’ experience in the marketing HEADMASTER OF KING’S COLLEGE and advertising industry. He is the founding director and owner of As Headmaster of King’s College, Simon is responsible for leading Federation Limited, an independent marketing communications agency. and evolving the College’s vision and direction to safe guard the Murray has also served on a number of industry-related boards. educational, spiritual, cultural and financial well-being, in addition to ensuring a top quality performance of the institution. As previous He was eager to become involved with King’s through the Foundation Principal of Takapuna Grammar School, he brings much experience in Board because of the importance of independent schools in the New leadership in high decile traditional schools. Simon holds a Bachelor of Zealand education landscape, and the value, traditions and academic Arts with Mathematics and English to Stage III, a Secondary Teaching excellence which form the basis of a King’s College education. Diploma and an LTCL for Trumpet.

Carrie Hobson His passion for King’s College is palpable as he seeks to further a great Carrie has had two sons at King’s College — George (Marsden, 2008–12) reputation delivering a traditional education whilst preparing students for and Harry (St John’s, 2011–15), who was Deputy Head Boy at the a dynamic and unknown future. College in 2015. Her daughter Emelia is in her second year at King’s (Middlemore) in Year 12.

FOUNDATION ANNUAL REPORT 2016 7 Investment Committee’s Report

Our Investment Committee is appointed by the Board of Management and is responsible for overseeing the administration of the Trust Fund (‘Fund’).

This investment performance was in line with the market returns from other similar New Zealand-managed ‘balanced funds’.

The compilation of the Fund as at 31 December 2016 is as follows: INVESTMENT COMMITTEE’S REPORT COMMITTEE’S INVESTMENT Asset class Manager

Australasian Equities: 28.3% Milford Asset Management and Devon Funds Management Global Equities: 28.4% Russell IIS Global Bonds: 6.2% Russell IIS Domestic Bonds: 19.6% Milford Asset Management and Devon Funds Management Diversifiers: 9.5% Mercer and NZAM Cash: 8.0%

The overall performance of the investments under probability of moving higher over the next few years. management for the year ending 31 December 2016 was As a result, the Fund’s Global Bonds strategy requires a 5.4 per cent with total investments for the same period more diversified and active approach to take advantage finishing at $19.19 million. of potentially higher interest rates. A new fund has been identified with a final decision and allocation expected to During the course of the year, a number of strategic be made by April 2017. investment changes were made to our portfolio in order to ensure that the Fund remained robust yet flexible enough As it is close to three years since the management of to manage any future anticipated market uncertainty which the Fund’s investments was completely outsourced to may result as a consequence of domestic and/or global independent external managers, it was timely for both economic and political events. the Investment Committee Charter and Statement of Investment Policies and Procedures (‘SIPSP’) to be The first change undertaken was in October 2016 with reviewed. This review was undertaken in March 2017 the introduction and allocation of 10 per cent of the with any recommendations or changes tabled in April. overall portfolio to the Devon Alpha Fund. Devon Funds Management is an Australasian equity manager which The Foundation’s aim is to distribute a return of 4.5 provides a diversified yet complementary investment style per cent on its net assets to the College to assist with and balance to the Funds of the other Australasian equity scholarships and bursaries, with a further 2 per cent manager, Milford Asset Management. going towards capital growth of each of the respective Endowment Funds. The second review and decision made in November 2016 was to reduce the Fund’s Global Bond exposure by 50 per Andy Morris cent and to invest these proceeds in a short-term deposit CHAIRMAN OF THE INVESTMENT COMMITTEE until a more active international bond manager could be found to complement the more benchmark-aware style of Russell IIS.

It is the Committee’s belief that interest rates around the world have reached their cyclical lows and have a strong

8 FOUNDATION ANNUAL REPORT 2016 Our Investment OUR INVESTMENT COMMITTEE Committee

In addition to Foundation Board of Management Members Ross Green, Richard Kidd, Andy Morris and Peter Wilson, our Investment Committee comprises three external members.

James Mitchell James is an Old Collegian (Marsden, 1973–77), and has 29 the New Zealand debt market, with client coverage years of banking and financial services experience, most oriented towards Asian Sovereign Wealth Funds and recently as Chief Operating Officer at Heartland Bank and US Hedge Funds. prior to that working for ANZ and ASB Bank. Peter currently works in Auckland as a sales consultant within His executive responsibilities at ASB and Heartland over the the financial markets. He holds Bachelor degrees in Science past 16 years have covered Business Banking, Corporate and Commerce from the University of Auckland, and is a Banking, Rural Banking, Investment and Insurance Services, member of the NZ Institute of Chartered Accountants. Operations and IT.

James is now working as a consultant. James Ring James is an Old Collegian (St John’s, 1973–77), and has had Peter Clarke extensive experience in the funds management industry spanning 30 years. He is currently Investment Manager – Peter has more than 20 years of financial markets International Equities at QuayStreet Asset Management experience. His previous role, prior to returning to New Ltd., based in Sydney. Zealand, was Asia Head of FX Sales for Deutsche Bank AG, based in Singapore. He spent more than nine years working Prior to this he was Investment Manager at Rank Group, for Deutsche Bank in Asia, focusing on Fixed Income, managing their US group’s pension funds where he was Credit and Foreign Exchange markets. responsible for asset allocation and global equities. James holds a Bachelor of Commerce (Agricultural Economics) Before moving to Asia, Peter was Head of Sales for and is a member of INFINZ. Deutsche Bank New Zealand. His primary focus was

FOUNDATION ANNUAL REPORT 2016 9 OUR DEED OUR Our Deed

The Deed of the King’s College At the time of its establishment, forming the King’s College Foundation Foundation was seen as a way of providing financial security in the event state aid was ever withdrawn. The Foundation was constituted by declaration made on 17 September 1980, and amended on 4 November 1998 and In the decades since its formation there has been a 26 May 2010. It was established for the broad charitable changing of emphasis for the role of the Foundation, purpose of the advancement of education within New as well as in how these early concerns were being viewed Zealand and specifically through the application of the and referred to. In the current environment there is much Trust Fund for the exclusive benefit of King’s College, more focus on initiatives and programmes that directly including, without limitation, to provide financial assistance assist the College. for the: From humble beginnings and with the financial support of • Graningt of scholarships, bursaries, endowments and many in the King’s College community, the Foundation has educational allowances to teachers, other staff and grown in terms of its ability to support the College together to students of the College with its funds under professional investment management. • Employment of teachers and other staff Relationship with the King’s College • Carrying out educational and research projects community • Ability to enable academic specialists to visit the College The governance of King’s College rests with the Board of • Acquisition by the College of library books, works of Governors. The Board of Management of the Foundation is art, and plant and equipment required for educational closely aligned to and with the Board of Governors, which purposes is essential if the goals of the College and the Foundation • Development of new teaching methods and the cultural are to be realised. In addition, there is close and direct environment of the College alignment with the other affiliates of the College, being • Acquisition of land or other facilities for the College and The King’s College Old Collegians’ Association (‘KCOCA’), for the construction or maintenance of buildings and The Association of the Friends of King’s College (‘The other facilities to be used by the College. Friends’) and The Floreat Semper Fellowship.

10 FOUNDATION ANNUAL REPORT 2016 OUR DEED

The Foundation is dedicated to helping fund the development of new teaching methods and the cultural environment of the College.

FOUNDATION ANNUAL REPORT 2016 11 Capital Endowment Funds

The Capital Endowment Funds comprise gifts to the Foundation for any ongoing purpose specified by founding donors.

Preserved Capital Fund students are expected to take an active and willing part in performance music at the College The Preserved Capital Fund currently amounts to • Eight boarding bursaries awarded for boys with strong CAPITAL ENDOWMENT FUNDS ENDOWMENT CAPITAL $6,606,918. This is the main destination of donations and it is critical in ensuring that the Foundation can best respond all-round ability (including up to two new Year 9 students) to the needs of the College. This fund has enabled the • Four sports bursaries for students with exceptional support of the Roy Kelley Design Technology Centre and all-round ability and who otherwise would be unable the Chapel Close. It is this fund that would be used to assist to attend the College any major capital development at the College. • General bursaries awarded to students based on merit and the need of the applicant for financial assistance. Scholarships and Bursary Funds KCOCA SCHOLARSHIPS AND BURSARIES GENERAL SCHOLARSHIPS AND BURSARIES The King’s College Old Collegians’ Association (‘KCOCA’) Donations to this fund have been made to provide for has made, and continues to make, significant donations the following: into this fund to provide for bursaries and scholarships • Eight academic scholarships based on the College’s to King’s College students. The bursaries are based on Scholarship examination (including up to four new merit and the need of the applicant for financial assistance. Year 9 students) In 2016 the Association provided 11 scholarships • Music scholarships and bursaries for eight students and bursaries. (two for the first time) demonstrating proficiency (Grade 4 or better) in one or more instruments. These

12 FOUNDATION ANNUAL REPORT 2016 CAPITAL ENDOWMENT FUNDS

LILIAN ALEXANDER STRIDE FUND obligation under the Endeavour Scholarship Scheme programme. It is the intention of the Foundation to grow Lilian Alexander Stride bequeathed some £492,000 this fund significantly over the next few years. (NZD 908,000) to King’s College on her death in 2008. Dr Stride specified that the income from the fund be PHIL RYALL BURSARY used for bursaries and scholarships for King’s School boys entering the College who demonstrate a need for This bursary is awarded to an applicant from rural financial support. In 2016 11 students in Years 9 to 13 were New Zealand, preferably from a part of the country which being supported by the Stride Fund. does not have easy access to secondary schooling. It is currently awarded to a student from the Bay of Plenty. ENDEAVOUR SCHOLARSHIPS See pages 16 and 17 for more background on the Phil Ryall Bursary. The Endeavour Scholarship programme was established in 2001 by King’s College, in conjunction with St PETER W WILSON BOARDING SCHOLARSHIP Cuthbert’s College and King’s School. The focus of the Endeavour programme is on providing Māori and Pacific This scholarship is awarded to a good, all-round student Island students with educational opportunities at the who would benefit from an education at King’s College three participating schools. Twenty students (four per and will contribute to the life of the College. Preference year) are assisted to attend King’s College through will be given to a Year 9 Boarder in School House, and the programme. The financial assistance provided for who would not be able to attend King’s College without the students is funded as to 50 per cent from private the support of the scholarship. This was awarded for the benefactors and 50 per cent by the College. The first time in 2014 and increases by one student each year. Endeavour Scholarship Fund was initiated to provide the There were three students supported in 2016 with an College with income to assist it to meet its 50 per cent additional student anticipated for 2017.

FOUNDATION ANNUAL REPORT 2016 13 Capital Endowment Funds (continued) CAPITAL ENDOWMENT FUNDS ENDOWMENT CAPITAL

JAMES WEBSTER MEMORIAL SCHOLARSHIP all-rounder and who would not otherwise be able to attend King’s College. This scholarship has been set up by King’s College in conjunction with the Webster family in memory of the late IAN KIRKPATRICK RUGBY SCHOLARSHIP James Webster who was a student of the College. It is intended that the fund will increase over time to endow The Ian Kirkpatrick Rugby Scholarship assists an a scholarship to enable a boy entering the College from all-rounder with exceptional rugby skills to attend outside Auckland as a Year 9 boarder in St John’s King’s College. House who would otherwise not be able to attend Recipients of the scholarship may not otherwise be able King’s College. Preference will be given to a student to attend King’s without the financial assistance of this who could contribute to the Chapel Choir and/or scholarship. This was awarded to a Year 12 student in 2016. community service programmes. Ian (Selwyn, 1960–64), who was one of four sons, came to ROGER BARTLEY MEMORIAL SCHOLARSHIP King’s from a Gisborne farming family background. He played for the First XV for three years from 1962. He captained This scholarship has been established by King’s College, in the First XV in 1964 and also the 1964 Auckland Secondary conjunction with the family of the late Dr Roger Bartley and Schools’ rep team. As a College athlete, Ian was also a sprint, the Rotary Club of Otahuhu. It commemorates Dr Bartley’s hurdles and pole vault champion. selfless service to the community and his strong association with both the College — as a student, school doctor, parent On leaving King’s, Ian went on to play rugby for both and grandparent; and with the Rotary Club of Otahuhu — as a Canterbury and Poverty Bay, becoming an All Black in 1967 member and President. The intention is to grow the fund so and was Captain from 1972 to 1974 playing a total of 39 that from 2014 it can endow a scholarship for a promising test matches. In the 1980 Queen’s Birthday Honours he was all-round student who would benefit from an education at appointed a Member of the Order of the British Empire (MBE) King’s College. Preference will be given for a student who is a for services to rugby and in 2003 was inducted into the resident of South Auckland and who would not be able to International Rugby Hall of Fame. attend the College without the support of the scholarship. BRADLEY FENNER SCHOLARSHIP WILLIAM THODE MEMORIAL SCHOLARSHIP The Bradley Fenner Scholarship was established in honour of This scholarship was set up in memory of William Thode, one of our past Headmasters (2009–14) with the broad a King’s College Year 9 student who died in 2010. It was purpose of supporting students who would not otherwise be awarded for the first time in 2013. It is intended that the fund able to attend King’s College as boarders. Preference is given will continue to grow through donations and that the income to a student who demonstrates leadership potential and is earned from the investment will provide a bursary to a from outside Auckland. student entering the College at Year 9 who is a good

14 FOUNDATION ANNUAL REPORT 2016 CAPITAL ENDOWMENT FUNDS

The Capital Endowment Funds comprise gifts to the Foundation for any ongoing purpose specified by founding donors. FOUNDATION ANNUAL REPORT 2016 15 PHIL RYALL BURSARY RYALL PHIL

Phil Ryall on his farm in Clevedon.

16 FOUNDATION ANNUAL REPORT 2016 Phil Ryall Bursary PHIL RYALL BURSARY

Currently, a young Year 11 student from the Bay of Plenty is gaining a King’s education, thanks to the Phil Ryall Bursary which covers his fees for the duration of his time at the College.

The recipient’s parents are thankful for the opportunities The recipient’s parents’ advice to other parents hoping to their child now has access to, thanks to this bursary. obtain scholarship or bursary for their children to attend King’s is simply, have a go and apply. “We feel honoured to have had our child selected as the recipient of this prestigious bursary. “If you really want your child to receive a King’s education, you will find a way.” “We have also spoken as a family about the responsibility that comes with receiving this bursary and the expectation of high achievement.”

The recipient’s father is an Old Collegian of the College, and says it was always his hope to be able to send his child to King’s.

“I want my child to experience the full value of King’s life – from the quality education, through to the religious teachings and beliefs, from the competitive sports environment, through to the special boarding House system.

“King’s Old Collegians are recognised worldwide. The high-quality teachers and teaching resources are second to none, and are what make King’s a leading New Zealand school.

“After a King’s education, I know my child will be Mr Ryall was made a Member of the New Zealand Order of Merit in the equipped with the life skills to be independent and 2016 New Year Honours for services to the deaf and as a philanthropist. He is pictured here with former New Zealand Governor General Sir Jerry successful in whatever career path my child chooses.” Mateparae at Government House as he receives his medal.

11 YEARS OF GIVING RURAL NEW ZEALAND STUDENTS AN OPPORTUNITY TO ATTEND KING’S Old Collegian Phil Ryall (School, and determination, I was able to would give children from rural New 1943–44) has been supporting attend King’s. Zealand the opportunity to receive a the College through his namesake good high school education. “I was never able to complete my Bursary for more than ten years. King’s education, however, because “I wanted to help people who came His story of how he got to be at King’s my father became really sick while I from the sort of rural life I came from, is a touching one. was at school so I had to leave to help and that’s what I did.” my mother on the farm. “I came from a pretty hard up family Mr Ryall hopes that all the recipients of in the heart of the King Country,” “I enjoyed my time at King’s in the his namesake bursary enjoy their time explains Mr Ryall. “We lived in a real short time I was there. I was never a top at King’s and try their utmost to make back-country location and I had no athlete or anything like that, but I made the best of the opportunities that they way of getting to a high school – there some good friends there,” says Mr Ryall. are lucky to now have exposure to. simply weren’t any in the area! Over the years, Mr Ryall worked hard Thank you, Mr Ryall, for your “My father had a pretty hard time on his farm – rearing sheep and cattle generosity to the King’s Foundation, in the War, but he was determined – and did reasonably well for himself, and the College. that I would receive a high school to the point where he was finally in education. Through his persistence a position to set up a bursary which

FOUNDATION ANNUAL REPORT 2016 17 Making the most of opportunity

Randall Kamea (School, 2005–06) Professional rugby player | Wing/centre for Club Sportif de Bourgoin-Jallieu, Lyon, France | Past Scholarship recipient RANDALL KAMEA RANDALL For Randall Kamea, the moment he received a King’s College rugby Randall has some fond scholarship was the moment he knew his life would change in so memories of his time at many ways. King’s, top on the list being winning the “I was absolutely overwhelmed when I found out,” recalls Kamea. Auckland Secondary “I shared this special moment with my father, and we both knew that Schools 1A First XV being able to attend King’s College was the opportunity of a lifetime.” Randall Kamea runs for King’s at the King’s versus competition in 2005. Grammar game in 2006. Originally from Suva, Fiji, Randall made the move to Auckland to board “The College hadn’t won a in School House at King’s and begin this very special chapter in his title since sharing it in 1969 and there was such an amazing buzz around the journey to becoming a professional rugby player. Upon graduating from College that whole year,” says Randall. King’s, Randall went on to play for the University of Otago where he started studying a Business Management degree and then played for “We didn’t have the best team in the competition but we worked harder the Ponsonby Rugby Club back in Auckland. than anyone else. It was a very special team of players and management that really embodied the King’s spirit of working hard until the end. He gained a taste of international exposure playing for his home country in the Fiji Sevens, and since 2010, Randall has been playing “Playing for Fiji was a very special moment and moving to play in France wing and centre for Club Sportif de Bourgoin-Jallieu in Lyon, France. was also a dream come true. However, rugby is such a small part of life To date, he has played 72 professional games for Bourgoin-Jallieu, and there’s still so much I want to achieve outside of it so I can’t truly say scoring 37 tries in total. I’ve made it just yet,” he says.

Randell credits making the First XV at King’s as one of the launching “I’ve got a few more years of living and playing in Europe. I’ll eventually pads for his career to date. move back to Auckland to live and work and being involved at King’s would be an amazing way to give back to the College.” “Since then, I’ve been fortunate enough to have played for my country and it’s something I’d like to experience again,” says Kamea. “My rugby Randall has some simple advice for current and future scholarship career has taken me around the world: England, Wales, Scotland, recipients at King’s. Dubai, Malaysia, Singapore, China and India.” “Make the most of your time there and make lots of memories — these The all-round education offered at King’s also had a profound impact truly are some of the best years of your life. When you leave school, chase on Randall. your dreams and carry the College values out into the world; but also make the effort to keep in touch with all your good friends. A positive “The personal growth I achieved during my time at King’s was attitude and hard work will get you very far in life. Always do and stand up significant,” explains Randall. “There isn’t much opportunity in Fiji, for what’s right — Virtus Pollet.” and the all-round education isn’t as comprehensive. I was exposed to so much more at King’s through the different sports, educational, cultural and community programmes offered, and that made me a much more well-rounded individual.

“Boarding at King’s was, and still is, one of my best experiences,” says Randall. “Coming from Fiji, I was naturally very shy and quiet, but the House tutors and fellow boarders were so welcoming and hospitable. I got over the initial homesickness fairly quickly and never felt without family.

“The values I was raised with and believe in were very present within the College and all it stood for,” says Randall.

“My time at King’s really reinforced these values at the crucial life stage of leaving school to becoming a young man. I don’t come from a privileged background, and my journey definitely hasn’t been easy, but having good values and working hard has made all the difference.”

Randall Kamea in action playing for Club Sportif de Bourgoin-Jallieu in France.

18 FOUNDATION ANNUAL REPORT 2016 Setting records in sport TIM SOUTHEE

Tim Southee (School, 2004–06) Professional cricket player | Bowler, New Zealand Black Caps | Past Scholarship recipient

When Tim Southee took his 200th wicket in his 56th test just “But I was also after Christmas 2016, he became the fifth New Zealander to excited by a new notch up that number of test wickets, and the second fastest to challenge and the the milestone. opportunity to attend King’s. By the Tim joined King’s College and its First XI cricket team in 2004, end of my three Tim Southee at the 2015 Cricket World Cup. thanks to a scholarship granted to him by the King’s College years I had a Foundation. At the College, he made a name for himself following completely different perspective on boarding life and loved my some impressive sporting results, and to this day is proud to be an time as a Boarder in School House.” Old Collegian of King’s. Fast-forward 11 years since leaving King’s, when asked how he felt “Winning the Gillette Cup National Cricket Tournament with a very once he realised he had ‘made it’ in cricket, Tim remains modest. good First XI was definitely a big achievement,” says Tim. “When you first play for a country it’s a special moment and you In 2004, he had an immediate impact in the King’s cricket team, have officially fulfilled a childhood dream, but I don’t think I’ve ever playing for the First XI against Shore Grammar in Sydney in the sat back and said ‘I’ve made it’ as a cricketer and I’m sure it’s the annual Trans-Tasman Cricket Festival. In his first 22 overs, which same in other professional sports. You’re never satisfied with included eight maidens, he took 7 for 22! where you are at — you’re always working on ways to improve,” Cricket wasn’t the only sport Tim excelled at. He was a part of says Tim. the Rugby First XV team when they won the Auckland Tim’s advice to future and current scholarship recipients and Secondary Schools 1A First XV competition in 2005, their first students is to enjoy their time at King’s, and make the most of the win in 50-odd years, and, also, placed them 2nd in New Zealand opportunities on offer. college-level rugby. “It’s a school with great facilities and has everything you could ask “King’s gave me opportunities I wouldn’t have had if I hadn’t got for — not only in sport but also in all other paths of life; so make the the opportunity to attend King’s,” he explains. most of that. Most importantly, enjoy the chance to attend such a “The chance to play in national rugby and cricket tournaments is great college and go into it with a open mind and I’m sure one example. everyone will have a great time.” “It’s hard to go past the King’s versus Auckland Grammar First XV rugby games which are still to this day some of the greatest sporting experiences I’ve been a part of - I was lucky enough to have been able to play in three of them with the King’s First XV.” In 2008 Tim was named Player of the Tournament It was also the people that made Tim’s time at King’s memorable. at the Under-19 Cricket World Cup and made his international T20 debut against England in “I met some great people, made some great contacts and formed February of that year. A month later, he earned a some fantastic friendships in my time at King’s,” says Tim. test debut against England in Napier, where he took “I was lucky enough to have had a great group of guys in my Year 5 for 55 – and made his still highest test wicket group and we had plenty of good times that I still look back on score of 77 in an 84-run, 10th-wicket stand with now and have a good laugh about.” Chris Martin. When Tim learned that he had received a scholarship to attend Now, Tim can celebrate a career which includes 56 King’s College, excitement was one of the many emotions that tests (201 wickets), 114 ODIs (154 wickets), 39 T20s rushed through his mind. (46 wickets) and 91 first-class games (341 wickets). Along the way, across all formats, he’s notched up “I was a little bit nervous and scared of the unknown. All of a 3,896 runs and taken 121 catches. sudden, I was going from a pure country upbringing, to a boarding school in Auckland, where I didn’t know anyone,” explains Tim. Randall Kamea in action playing for Club Sportif de Bourgoin-Jallieu in France.

FOUNDATION ANNUAL REPORT 2016 19 Specific Endowment Funds SPECIFIC ENDOWMENT FUNDS ENDOWMENT SPECIFIC Rolf Porter Rowing Fund

The Rolf Porter Rowing Fund was established and the College for the best part of two decades until partially funded by Old Collegians Alistair Dryden the early 1970’s. He also coached and funded NZ (School, 1956–60), Craig Ashby (Averill, 1959–63) Rowing, taking the New Zealand team to the World and Peter Masfen (Marsden and Major, 1955–59) Championships at Lake Bled (Slovenia) in 1966. in acknowledgement of Rolf Porter’s (Town, Rolf was a strong proponent of physical fitness and 1923–26) contribution to rowing at the College. set high standards for himself and his crews. Alistair and Peter both went on to represent The primary purpose of the fund in his honour New Zealand, including rowing at the 1964 Tokyo is to provide ‘on the water’ rowing equipment. Olympics. Rolf himself was a Red Coat (a NZ Funds can also be made available to subsidise Rowing Champion), who rowed in the coxed four events being held for the explicit purpose of in 1933. raising funds for rowing at the College. Rolf introduced rowing as a sport to King’s in the early 1950s and was directly involved in rowing at

20 FOUNDATION ANNUAL REPORT 2016 SPECIFIC ENDOWMENT FUNDS

Rolf Porter was a strong proponent of physical fitness and set high standards for himself and his crews.

FOUNDATION ANNUAL REPORT 2016 21 Specific Endowment Funds (continued)

John Renshaw Memorial Prize The John Renshaw Memorial Prize Fund was set up in 2012 by King’s College in conjunction with friends and colleagues of the late SPECIFIC ENDOWMENT FUNDS ENDOWMENT SPECIFIC John Renshaw to endow the prestigious John Renshaw Memorial Prize in perpetuity.

The prize is awarded to a Day boy in Year 11 who shows good all-round ability, leadership potential and a sense of service and loyalty. Interest from this fund provided for the prize from 2014 onwards.

22 FOUNDATION ANNUAL REPORT 2016 PAGE HEADING STAFF SUPPORT FUNDS

Staff Support Funds

Margaret Myers Fellowship Positive Education Fund This Fellowship fund was set up by the late Sir Douglas The Positive Education Fund was established in recognition Myers (School, 1952–56) in memory of his mother, who had of past Headmaster Bradley Fenner’s work in driving the a deep interest in education. Sir Douglas donated a further adoption of Positive Education by King’s College. $500,000 during 2012 which will allow the College to At King’s College, pastoral care is enhanced through further enhance and increase the impact of the scheme. implicit and explicit attention to methods that enhance The Margaret Myers teaching fellowships are awarded well-being, which in turn leads to better academic annually to enable King’s College teachers to attend study achievement, reduced anxiety and more engaged and courses at overseas institutions. In addition, funding is made meaningful lives for students. The Positive Education available to enable outstanding educationalists to attend the programme focuses on this specifically and aims to College to conduct seminars, lectures or workshops for staff, develop the emotional resilience and well-being of students and the wider King’s community. students and staff.

The Positive Education Fund will assist in extending Sibson Trust the knowledge and application of Positive Education The Sibson Trust was established in 1967 from a donation at King’s. For example, this fund supports visits to the by Joan Sibson, wife of Richard Sibson who taught school and workshops featuring experts in this area of Classics at King’s College between 1939 and 1971 and was Positive Education. Housemaster of Peart House. For the past five years, drug education expert Paul Dillon The trust was created with the primary purpose of has made a significant impact on students, staff and advancing, promoting and encouraging education by parents presenting alcohol and drug use with teenagers. enabling College staff to improve their teaching knowledge As the Director and founder of Drug and Alcohol Research and skill by travelling overseas to study educational Training Australia (DARTA), Paul provides regular updates practice and theory. on current drug trends to school communities in New Zealand and across the Tasman. His central message is In 2016 the Foundation Trustees resolved to appoint the around safety for teenagers and how they can look after Foundation as Custodian Trustee of the Sibson Trust so themselves, and their friends, as well as who to contact that, as in the case of other trust funds relating to the when things go wrong. College the funds of the Sibson Trust would vest in the Foundation and would be held, invested and administered by the Foundation on behalf of the trustees.

FOUNDATION ANNUAL REPORT 2016 23 2016 Margaret Myers Fellowship

BRYAN SAPSWORTH Does ICT improve learning? Head of Department - Physics and Teacher of Physics | Graduate Diploma in IT | Graduate Diploma of Teaching | “Through my travels, I found that the focus on educational Bachelor of Science technologies is too strong. ICT is an essential skill to master considering it is all pervasive in the lives of our students and in Journey of exploration the workplace. It cannot be ignored. But it is not a magic bullet For Bryan, applying for the 2016 Margaret Myers Fellowship was for education.” driven by his desire to create bigger gains in his teaching and Bryan concluded that he had spent too much time looking at the educational achievements. MARGARET MYERS FELLOWSHIP activity instead of the outcomes. “I applied because it appeared to be a good opportunity to From here on, Bryan’s focus is back to what future learning he seek answers to some burning questions I had in relation wishes to see in his classroom. to my teaching,” explains Bryan. “For a while I had tried many technological advances in my teaching, but the gain in “If ICT helps then that is great,” he says. “For me, ICT is now an educational achievement was not being sustained. So I wanted to essential tool that sits beside all other tools. I will take greater find out why this was.” care in analysing what I get out of the use of ICT.” Bryan spread his Fellowship over a year. First stop was to the How can the classroom be set up to best United Kingdom for the Bett Show, an annual trade show in the support learning in Science? UK that markets information technology in education; and a Bryan explains how finding answers to this particular question Visible Learning conference. He then visited Geneva, Switzerland, gave him valuable insight into what the ideal Physics lab should for a tour of the CERN laboratory, the European Organization look like. for Nuclear Research where physicists and engineers probe the fundamental structure of the universe. “The adaptability of space is very important,” says Bryan. “It was also interesting to see that our ‘no front’ to the classroom has In Sydney, Australia he attended the National Future Schools been done elsewhere and it was pleasing to know that we are Conference; in Melbourne, the IWBnet Leadership conference; doing very well in this aspect.” and in New Zealand’s South Island, a special Energy Generation and Adventure Tour. In his travels, Bryan also visited a number Immersing students into Engineering and of schools to learn about their teaching and learning practices in Physics at College level the Physics sphere. Figuring out how to best immerse his students in Engineering Bryan feels privileged to be a recipient of the Fellowship. and Physics at a high school level was the most interesting part of his Fellowship experience. “It has given me a refreshed interest in teaching at King’s College and a real sense of pride that I was selected.” “I went to CERN and loved it. But I struggled to develop a way to connect this to my students in New Zealand,” says Bryan. Bryan’s advice to aspiring and future Margaret Myers Fellowship applicants and recipients is this: “Think about what big So he went in search of a better alternative – in New Zealand’s educational questions you wish to answer. This will take you on South Island. a long journey.” “There is an amazing power generation scheme there so I went through this scheme with the help of Meridian Energy and took Virtual Reality photos and videos at many of the sites, met the people behind it and collected the information I needed,” explains Bryan.

This material will be used to create an immersive website where students can place themselves in the power stations and then answer open-ended Engineering and Physics questions. These questions will be embedded into the College’s Physics syllabus with the intention of highlighting the strength of New Zealand’s ingenuity and also making it more relatable to the students.

24 FOUNDATION ANNUAL REPORT 2016 MARGARET MYERS FELLOWSHIP MYERS MARGARET

RO BAIRSTOW Teacher of Mathematics - Diploma in Mathematics 2016 Margaret Myers Fellowship Education | Diploma in Teaching | Bachelor of Science (Honours)

For Ro Bairstow, applying for the Margaret Myers Fellowship was part of his quest to collect information, photos and videos for the creation of an educational and mathematical iBook he was creating, called The Man-made Wonders of the World.

“Writing iBooks has been a passion of mine for several years,” says Ro. “All of my classes use iBooks, created by me, instead of the traditional textbooks. Students respond well to this method of teaching and learning at the College, and feedback is favourable.”

During his Fellowship year, Ro visited a number of fascinating places including Dubai where he went up the Burg Kalifa, London and its well-planned undergound transport hub, and India, where he had the opportunity to tour the Taj Mahal.

“Whilst on these travels, the one key thing that struck me the most was the very important place that Engineering and Mathematics have had in shaping our modern world,” says Ro.

“I obtained much-needed data for my book and was also inspired to start planning a follow-up iBook, called The Natural Wonders of the World.”

Ro’s advice to future applicants of the Margaret Myers Ro Bairstow on the top floor of one of the modern wonders of the world, Burj Fellowship is to ensure they think outside the square when Khalifa in Dubai, United Arab Emirates. putting together their application.

Ro is the founder of The BestMaths Foundation, a charitable trust The free resources include eBooks, Apps, games and an dedicated to producing digital resources to assist and enhance the extensive website full of content such as interactive features and teaching and learning of Mathematics at primary and secondary concept videos. school levels.

Sir Douglas Myers (29 October 1938 - 8 April 2017) The King’s College Foundation acknowledges the sad passing of Old Collegian Sir Douglas Myers KNZM CBE (School, 1952–56). We are forever grateful to Sir Douglas for establishing the Margaret Myers Fellowship in memory of his mother.

Sir Douglas was an outstanding, loyal Old Collegian and former parent, who not only generously supported the College and the Foundation, but also gave of his time to mentor many fellow Old Collegians in their professional lives.

As a student, Sir Douglas embodied our philosophy of achieving the best all-round education it is possible to obtain. He was a School and a House Prefect and a member of the 1956 First XV Rugby team, described in the King’s Courier at the time as “[a] fine, fast, unsmiling lock with excellent hands”. He was also Captain of Swimming and a member of the Senior A Tennis team. Sir Douglas maintained his strong connections with King’s through successive Headmasters, Board Chairs, as well as through his school contemporaries. He was especially connected to the teachers through the reporting of those staff members receiving the Margaret Myers Fellowships.

An Honours Tie Recipient, Sir Douglas was a passionate businessman and visionary leader, who will be warmly remembered for continuing to be forthcoming with his advice to any person connected with the College.

FOUNDATION ANNUAL REPORT 2016 25 Summary of Financial Statements Statement of Comprehensive Revenue and Expenses For the year ended 31 December 2016

2016 2015 $ $

Revenue from non-exchange transactions

Donations - Preserved Capital Fund 23,790 10,000

Donations - Scholarships and Bursaries 636,237 529,371

Donations - Other Endowment Funds 11,500 96,237

Donations - Special Purpose Funds 83,530 15,886

755,057 651,494 SUMMARY OF FINANCIAL STATEMENTS FINANCIAL OF SUMMARY Revenue from exchange transactions

Gain/(loss) on revaluation of investments 987,443 1,485,737

Finance income 12,351 18,308

999,794 1,504,045

Total revenue 1,754,851 2,155,539

Expenses

Grants - Preserved Capital Fund - -

Grants - Scholarship and Bursaries 771,974 717,974

Grants - Other Endowment Funds 123,417 94,294

Grants - Special Purpose Funds 8,377 6,000

Audit fees 12,000 12,321

Sundry expenses 23,653 19,003

Total expenses 939,421 849,492

Total surplus/(deficit) for the year 815,430 1,305,947

Other comprehensive revenue and expenses - -

Total comprehensive revenue and expenses 815,430 1,305,947

Statement of Changes in Net Assets For the year ended 31 December 2016

2016 2015 $ $

Equity at start of the year 20,030,274 18,724,327

Total comprehensive revenue and expenses for the year 815,430 1,305,947

Equity at end of the year 20,845,704 20,030,274

26 FOUNDATION ANNUAL REPORT 2016 SUMMARY OF FINANCIAL STATEMENTS Statement of Financial Position As at 31 December 2016

2016 2015 $ $

Equity 20,845,704 20,030,274

Non current assets

Investments 19,189,745 19,652,302

Current assets

Cash and deposits 1,686,560 400,924

Interest receivable 184 436

1,686,744 401,360

Total assets 20,876,489 20,053,662

Current Liabilities

Accounts payable 30,785 23,388

Total liabilities 30,785 23,388

Net Assets 20,845,704 20,030,274

Statement of Cash Flows For the year ended 31 December 2016 2016 2015 $ $

Cash flows from operating activities

Receipts from:

Donations 755,057 683,949

Interest and dividends 4,065 17,412

Payments for:

Grants (903,768) (818,268)

Suppliers (19,718) (24,634)

Net cash inflow/(outflow) from operating activities (164,364) (141,541)

Cash flows from investing activities Receipts from:

Disposal of investments at fair value through surplus or deficit 5,450,000 - Payments for:

Acquisition of investments at fair value through surplus or deficit (4,000,000) -

Net cash inflow/(outflow) from investing activites 1,450,000 -

Net increase/(decrease) in cash and cash equivalents 1,285,636 (141,541)

Cash and cash equivalents at the beginning of the year 400,924 542,465

Cash and cash equivalents at the end of the year 1,686,560 400,924

NOTE: The summary financial statements of King’s College Foundation (the Foundation) have been prepared in accordance with the accounting standard PBE FRS 43 and extracted from the Foundation’s full financial statements. These have been prepared in order to provide interested persons with a succinct overview of the past financial performance of the Foundation and do not include all the disclosures in the full financial statements and therefore cannot be expected to provide as complete an understanding as provided by the full financial statements. The Foundation’s full financial statements for this period have been prepared for the first time using Public Benefit Entity International Public Sector Accounting Standards Reduced Disclosure Regime (PBE IPSAS (RDR)). These were approved by the Foundation’s Board of Management on 6 April 2017. They are available on King’s College’s website: www.kingscollege.school.nz. The full financial statements were audited by BDO Auckland, which issued an unqualified audit opinion.

FOUNDATION ANNUAL REPORT 2016 27 Trust Fund The Trust Fund consists of the following:

Includes Donations Investment Allocations and Distributable Fund Balance During Year Returns Reclassifications Payments Fund Balance Income $ $ $ $ $ $ $ 31/12/2015 31/12/2016 31/12/2016

Preserved Capital Fund 6,674,668 23,790 326,826 (418,365) - 6,606,918 148,482

Capital Endowment Fund: Scholarship and Bursary Funds General Scholarships and Bursaries 1,646,422 109,777 83,984 418,365 (469,410) 1,789,158 10 KCOCA Scholarships and Bursaries 2,491,164 200,000 119,629 - (111,896) 2,689,897 363,464 Lilian Alexander Stride Bursaries 1,847,426 - 84,600 - (79,807) 1,852,218 365,023 Endeavour Scholarships 627,894 1,200 27,642 - (27,280) 629,456 180,391

SUMMARY OF FINANCIAL STATEMENTS FINANCIAL OF SUMMARY Phil Ryall Bursary 358,522 - 16,408 - (15,591) 359,338 71,248 Peter Wilson Boarding Scholarships 780,433 250,000 41,980 - (33,999) 1,038,414 33,158 James Webster Memorial Scholarship Fund 212,068 - 9,892 - (8,696) 213,264 33,312 Dr Roger Bartley Memorial Fund 143,642 - 6,843 - (6,247) 144,238 15,094 William Thode Memorial Scholarship Fund 162,547 15,260 8,035 - (6,389) 179,453 14,840 Ian Kirkpatrick Rugby Scholarship 89,466 - 4,321 - (3,664) 90,123 6,690 Bradley Fenner Scholarship 219,302 60,000 11,757 - (8,995) 282,064 4,001 8,578,905 636,237 415,091 418,365 (771,974) 9,276,624 1,087,230 Other Endowment Funds - Margaret Myers Fellowships 2,848,504 - 128,679 - (48,329) 2,928,853 725,746 Sibson Trust 199,967 - 9,529 - (1,767) 207,729 27,801 JB Luncheon 1,092 - 54 - (48) 1,097 27 Positive Education 113,798 - 5,571 - - 119,369 9,420 Cultural Excellence 207,079 200 9,892 - (11,156) 206,016 18,392 Sporting Excellence 325,307 - 15,607 - - 340,914 42,829 Academic Excellence 19,013 - 909 - - 19,922 2,653 Rolf Porter Rowing Fund 559,435 11,300 25,734 - (62,117) 534,352 75,465 John Renshaw Memorial Prize 7,411 - 342 - - 7,753 1,640 Bruce Rhodes Maxwell Memorial Sun Dial 55,570 - 2,698 - - 58,268 5,706 Damapong Commerce Fund 17,490 - 865 - - 18,355 1,015 King’s College Trust 23,222 - 1,148 - - 24,370 1,347 4,377,888 11,500 201,028 - (123,417) 4,466,999 912,042 Special Purpose Funds - Capital Projects 1,590 6,000 170 - - 7,760 - KCOCA Chapel Preservation 90,282 - 4,515 - - 94,797 1 KCOCA Discretionary 253,841 - 12,694 - - 266,535 1 Century Club (Cricket) 5,878 25,860 682 - (3,160) 29,260 - Cricket Scholarship (Non-Endowment) 849 50,493 800 - (5,217) 46,925 - Helping Hand Fund 35,188 340 1,765 - - 37,293 - Rugby Support Fund 5,000 837 263 - - 6,100 - Chapel Fund 6,186 - 309 - - 6,495 - 398,813 83,530 21,198 - (8,377) 495,164 3 20,030,274 755,057 964,141 - (903,768) 20,845,705 2,147,757 Investment return 4.7% Investment income 999,794 Operating expenses (35,653) Net income 964,141

Average fund balance (including cash) 20,437,989

28 FOUNDATION ANNUAL REPORT 2016 MEMBERSHIP Thank you to all our Members who supported us in 2016. The Foundation is grateful for your generosity.

Membership

Membership of the Foundation for the period up to 31 December 2016 comprises five classes: President’s Circle, Patrons, Directors, Fellows and Members.

Qualification for each class is determined by the amount of a person’s donation, notified bequest or pledge – this being an undertaking in writing by a person to make a donation. The financial categories attached to each class are as follows:

Classes Donation or pledge Notified bequest Members $5,000 to $14,999 $10,000 to $29,999

Fellows $15,000 to $39,999 $30,000 to $79,999

Directors $40,000 to $99,999 $80,000 to $199,999

Patrons $100,000 to $499,999 $200,000 to $999,999

President’s Circle $500,000 or more $1,000,000 or more

A Member may progress to a higher class of membership at any time by making an additional donation, pledge or bequest, or a combination thereof.

FOUNDATION ANNUAL REPORT 2016 29 SUMMARY OF FINANICAL STATEMENTS Sir Douglas Myers Sir Douglas Mr A W Tattersfield ONZM Mr P W Wilson Mr J F McHardy P M Merton Mr and Mrs Dr D L Richwhite D M Richwhite Mr and Mrs Mr A L G Ryall Mr R J W Seton R W Tills Mr and Mrs C Webster Mr and Mrs Mr C V Lu Mr R R McAnulty G W McCurrach Mr and Mrs Mr P Mills J R Monigatti Dr and Mrs M Horne and Mrs Mr R F Munro Mr G T K Ng Mr H M Ng Mr K Ng G A Nicholls Dr and Mrs Mr S W Owen Mr K K Pang Mr D Park C W E Rathbone Mr and Mrs M J Reid Mr and Mrs N F Reynolds Mr and Mrs Mr K J Roberts Mr K Rojanastien Mr T J Short G N Siddall Mr and Mrs P Siriyodhin Dr and Mrs Mr E B Smith B C So Mr and Mrs H T Stedman Mr and Mrs Ms U Sukhsvasti Mr C L Tang Mr P M T Tang M Pinsonneault and Ms Mr P A Tesiram Mr A S P Tetzner Mr K Thanasuwankasem M G Thorburn Mr and Mrs Mr B Trethewey Mr C J C Trower Mr K W Tung Dr D J Turkington Mr A H Waalkens Sir J H Wallace Mr M Wang B L Wharfe Mr and Mrs J G Whitney Mr and Mrs

Mr and Mrs L J Harper Mr and Mrs Mr C Heatley R Hellaby Mrs Mr P K Ho Mr Y Ho Mr P N W Hsieh Mr J Y Hsu Mr L Hsu Mr S J Huang Mr C P Huljich Mr O Jantaraprapa Mr K Jayasuta Mr H Jo Mr O Kam S Kantatan Mrs Mr M S Kao S J Kember Mr and Mrs Mr Y J Kim Mr R C Kingston J Klisser Mr and Mrs Mr H Ko Mr W K Ko Mr T P Kwok Dr J Lam Mr K W Lam Mr Y Lam Mr W K Lau Mr Y Lau H A Lawry Mr and Mrs Grice Mr M A Le Grice R O Le Mr and Mrs Mr C Lee Mr H K Lee Mr J T Lee Mr T Liao Dr S Lien Mr J L Lien Mr C H Liu Mr C Liu Mr C J Loeak Mr and Mrs J C S Bayley Mr and Mrs Mr T Farmer G Hart Mr and Mrs P A H Jackson Mr and Mrs H J Mackley Mr and Mrs P H Masfen Mr and Mrs Mr S B Fisher QSO M Fujisawa Mr and Mrs R E Green Mr and Mrs Mr J W F Heaven C Heaven Mrs F J R Hellaby Mr and Mrs R N Jones Dr and Mrs J Key Mr and Mrs Levene Sir David Dr G W Mason Mr L S Mayne J A W McConnell Mr and Mrs FOUNDATION ANNUAL REPORT 2016 REPORT ANNUAL FOUNDATION

Estate Trust College

Mr and Mrs A T Hadlow Mr and Mrs Mr and Mrs J K Greenslade Mr and Mrs Sir Colin Giltrap Sir Colin Mr P E Francis Mr and Mrs P J Ferguson Mr and Mrs Mr S H Fang Mrs C Dove Mrs Mr S Dhevaaksorn Mrs S Dhamasaroj Mrs Mr F A W des Tombe Mr D C D Cruz Mr J Collinson Mr C G Cole and Mrs S Stevely-Cole and Mrs Mr C G Cole Mr C W Chun Mr M C Chuang Mr H F Chu Mr K M Chong Mr C Chien Mr C H Cheung Mr C Cheng Mr T Chen Mr T C Chen Mr O Chen and Mrs J Huang Mr O Chen and Mrs Mr C Y Chen Mr and Mrs C Chen Mr and Mrs Mr and Mrs K S S Cheang Mr and Mrs Mr K W Chau Mr J Y Chan Mr and Mrs S Boonnamsiri Mr and Mrs Mr D G S Bayley Mr and Mrs G Baker Mr and Mrs Mr and Mrs R H Aitken Mr and Mrs T U Wells Endowment Trust Endowment T U Wells Turanga Trust Turanga The Woolf Fisher Trust Woolf The The Wallace Foundation Wallace The The Richwhite Family Trust Family Richwhite The Mr and Mrs R M P Dunphy Mr and Mrs Campbell Residuary Sir John Logan Mr and Mrs P J Crotty Mr and Mrs Cars Continental Mr C J Cook Directors Dr and Mrs M G Clatworthy M Dr and Mrs Mr G Chang Joyce Walker Foundation Charitable Foundation Walker Joyce Trust NZ Guardian The JAB Hellaby Endowment Trust Endowment Hellaby JAB The Guardian Trust Guardian Fletcher Trust Fletcher Century Foundation Century Thanksgiving Foundation Thanksgiving Patrons PH Masfen Charitable Trust PH Masfen King’s College Old Collegians’ College King’s King’s College Trustees College King’s Association of the Friends of King’s King’s of Friends of the Association President’s Circle President’s Our Members Our OUR MEMBERS OUR OUR MEMBERS 31

Rooney Mr F C Yu Mr G A Paykel Mr R C Pearson T Phillips Mr and Mrs Mr G J Plowman H Rea and Mrs Prof T Q S L Reeves Dr and Mrs J L Reeves Mr and Mrs Mr J S Richards R A Riddell Mr and Mrs D P Robinson Mr and Mrs S Benedek Mrs and Mr P Rooney Mr P F Rose Mr J H Ryall G Ryder Mr and Mrs V Sharma Mr and Mrs B H Shepherd Mr and Mrs S Shepperson Mr and Mrs H R T Sherratt Mr and Mrs Mr S Sinhaseni Mr B Sirivallop Mr E Smith Mr T B Smith G Snowden M Dr and Mrs B Spencer M Dr and Mrs John S St Mr and Mrs M Steele Mrs S Stevens Mrs Mr D G Steward Mr N Sthapitanonda Mr M Stiassny Mr P J B Stinson and Mr R Chaikwang B Sutthiglom Mrs M Synnott Mr and Mrs T W L Talbot Mr and Mrs Mr W G Talbut Ms K Toyomura Mr B Trotter Mr P F Ullrich C C Waalkens Mr and Mrs K Waalkens Mrs S Wallace Mr and Mrs W P Walsh Mr and Mrs Mr G Whiting N W Wilder Rev Dr B J Williams E C Williams Mr and Mrs O L Williams Mr and Mrs Mr M J Wyborn D R Yates Mr and Mrs G X Lin Mr Z Q Zhang and Mrs W Wu Mr D H Zhuo and Mrs FOUNDATION ANNUAL REPORT 2016 REPORT ANNUAL FOUNDATION

McLay Mr and Mrs S Gellert Mr and Mrs A B Gibbs Mrs P R J Gibson Mr and Mrs Mr P Gibson E Gillett Mrs Ms S P Gott T N Gould Mr and Mrs G W Haliday Mr and Mrs G S Hall Mr and Mrs Mr R J Hall Mr B N B Hannan C J Hardley Dr and Mrs T E Hargreaves Mr and Mrs B W Harrison Mr and Mrs R Hatrick-Smith Mr and Mrs R M Hay Mr and Mrs Lady D Hellaby Mr J R Hellaby Mr D S Henderson Mr M J Hickton-Burnett Mr L R Jarman J R Jeffries Mrs M D Jenkin Mr and Mrs J Keenan Mrs Mr R Kelley R J Kidd Mr and Mrs Mr C Y Kim Mr T C King M Kinraid Miss G Kinraid Miss M Kinraid Miss Mr C Kong Mr I Y H Lam Grice Dr H Le and Mr S W Nam S S Y Lee Mrs Mr C M Li Mr Y Lim Mr C L Lin Mr S Lockwood Mr W K Luk Mr P G Macauley Mr K Mair Mr S Mapaisansin A M Martin Mr and Mrs Mr R D Martin QSM B McConnell Mrs M P and Lady Hon Sir J K McLay The Mr R A Melville Mr P J Merfield A B Mitchell Mr and Mrs I Morrice Mr and Mrs G J Muir Mr and Mrs Mr M Newman Mr V Nualkhair R D Olde Mr and Mrs Mr W B Orr Dr and Dr L J Parker Mr B Patel Mr M M T Wu Mr M M T Mr Y Xi Dr W C Yang Mr C Yang

Estate Mr M A T Gatward Mr and Mrs P J Galloway Mr and Mrs Mr and Mrs M J Fuge Mr and Mrs Mr M Friedlander Mrs D S Foreman Mrs Mrs A B Fletcher Mrs Mr D M Ferrier and Ms A Nelson Mr D M Ferrier Mr R I Fenwick Mr and Mrs B T Fenner Mr and Mrs Sir Michael Fay Mr L Fa Dr A J Erenstrom Mr C J H Empson Mr and Mrs N J G Donne Mr and Mrs Mr and Mrs G P R de Latour G P R de Mr and Mrs Mr N Craddock Mr and Mrs A Coster Mr and Mrs Mr L G Cormack Mr C Coon Mrs S Clatworthy Mrs Mr and Mrs S M A Clark Mr and Mrs Mr K Chow Mr E T Y Chen Mr and Mrs P S Chapman Mr and Mrs Dr T C Chang and Ms J Y Loh Mrs S Caughey Mrs Mr C T Carder Mr and Mrs G H Burrett Mr and Mrs Mr R A Burns and Dr C Kennedy Mr and Mrs S Buckley Mr and Mrs Mr and Ms P Buckland Mr D Buchanan Mr C N W Brittain Mr D J Bridgman Ms F E Bowater Mr A Bourgogne Mr R J Board and Ms N Ivers Mr R J Board Mr V M Bielby Mr A Ben-Menachem Mrs G Becroft Mrs Mr and Mrs R H E Beckett Mr and Mrs Mr and Mrs G J Batkin Mr and Mrs Mr and Mrs G Baker Mr and Mrs Mr C M Ashby Mr R S Andrewes Mrs H M Anderson Mrs Mr J D Anderson Mr K H Alison Ms K Alexander Mr S A Alach Mr and Mrs S P Agnew Mr and Mrs Visible Difference Limited Difference Visible The Selwyn Robinson Trust Robinson Selwyn The Sargood Bequest Sargood Rob Roy Properties Limited Properties Roy Rob Fisher Charitable Trust, Lou & Iris Lou Fisher Charitable Trust, Sir John Logan Campbell Residuary Campbell Residuary Sir John Logan Foundation Levene David Dr S L Wu Fellows Mrs J P Y Wong Mrs Mr P K Wong Mr B Y Wong Our Members (continued)

Members LR Civil Estate Mr and Mrs M A Caughey Mr R S Ferguson Floreat Semper Fellowship Mr P B R Caughey Mr and Mrs P R Fisher L J Fisher Charitable Trust Mr R A Caughey Mr and Mrs R A Fisher Lawton Building Ltd Mr P N Chalmers Mr G Fisher Leo Harper Limited Mr and Mrs S Chan Mr P M Fogarty Sir W and Mrs L Manchester Trust Mr and Mrs N Chandra Dr G A Foote OUR MEMBERS OUR New Zealand South British Mr C Chang Mr L R Fox The J Paine Charitable Trust Mr M J Chapman Dr J G Fraser Pub Charity Mr H L Cheeseman Mr M M Fraser Mr A F Abel Rev T P Cheeseman Mrs R Fuata’i Mr and Mrs C H Abel Mr R J Chitty Mr B G Fulton Dr A C Adair Mr and Mrs G Chong Mr and Mrs R Fyfe Mr and Mrs R D Agnew Mr and Mrs W Chongsuttanamanee Dr H D Gabriel Mr M R Ah Chee Mr J A Cimino Mr C B Gambrill Mr B G Allen Lady P Clark Mr J G Gardner Mr G A J Amos Mr D J Clark Mr R George Mr G A L Amos Mr R B Clarke Mr D M V Gibbs Mr G J Amos Mrs V Coats Mr D E J Gibson Mrs C Armstrong Mr M C Codlin Mr G E M Gibson Mrs A Ashley-Wilson Mr S Cohen Mrs T Gieck Mr and Mrs S R Atkinson Mr M H Coney Mr and Mrs J Gilbert Mr and Mrs R J M Bailey Mr and Mrs B Cooper Mr A R Gilchrist Mr I G Bailey Dr and Mrs G D Coster Mr C D Gill Mr W J Bainbridge Mr and Mrs K E J Couper Mr D M B Gill Mr and Mrs W A Baird Mr R W Crompton Mr B J Gillespie Dr and Mrs M J Baker Dr PS and Dr KE Crosier Mrs P Gilmour Mr J G Baker Mr P D Cullinane Mr and Mrs J Glengarry Mr and Mrs N Bamber Dr and Mrs P Cunningham Mr C S Goldie Mr D D Bamfield Mr D A Currey Mr S Gollin and Ms W Cook Mr W I Bamford Mr G Dainty Mr B Goodwin Mr C Barfoot Mr D G Daniel Mr A F Grant Mrs A J Barrowclough Mr and Mrs C Dargaville Mr J G B Grant Mr R Batkin Mr and Mrs M C Darrow Dr and Dr T B Gray Mr J W Beck Dr D H C Davidson Mr and Mrs A L Green Mrs P Beeche Mr G A Davies Mr and Mrs D G Grey Mr D J O Bennett Mr and Mrs P Davis Mr M K Griffiths Mr and Mrs A R Bierre Mr and Mrs M M Dawson Mr P M Griffiths Mr D F Black Mr C R Dawson Mr P C Guildford Mr R H Blakeney-Williams Mr P M Dawson Mr J D G Haddleton Mr and Mrs A Bollard Mrs J Dawson Mr S B D Hain Mrs G Brabant Mr and Mrs N K De Silva Mr and Mrs S Hall Mr and Mrs D J Bracewell Mr A G de Tourettes Mr J Hall Mr and Mrs M Brackenridge Mr and Mrs J Delegat Mr and Mrs D A Hammond Mr N R Breen Mr J Y Ding and Mrs Y Chen Mr D R Hammond Mr D S Bridgman Mr E Dixon Mrs J Hanna Dr C Brown Mr and Mrs R J Drake Mr E P Hanson Mr C R S C Brown Mr and Mrs A G Dryden Mr J M Hargreaves Mr D G E Brown Mr B Duignan and Ms J Cater Mr J Harman Mrs J Brown Dr M G Dunshea Mrs M Harrison Mr G J Bull Mr M C Duurentijdt Mr and Mrs D Harry Mr and Mrs G R Burden Mr and Mrs L W Dye Mr and Mrs C T Hart Mr and Mrs P A Burgess Mrs J Dye Judge D J Harvey Mr A Burr Mr and Mrs R J Earles Mr and Mrs C A Harvison Dr R H Burrell Mr and Mrs R Eilenberg Mr R E Harvison Mr M Burton Mr J Ellafrits Mr and Mrs B R Hassall Mr W L Butterworth Mr P D Ellis Mr L D Hawthorn Mr and Dr M R Buttle Mr P D Ellis Mr P B Hay Mr J L Button Mr G D Enderby Mr and Mrs K Healy Mrs A Campbell Mr and Mrs D A English Mr L C Heard Mr and Mrs J Carmichael Mr A B Evans Ms C M Hellaby and Mr J Jacobsen Mrs A Carpenter Mr M A Ewen Mr and Mrs B Heron Mr P O Carr Mr F R Faram Mr and Mrs B Herring Mr D N Carruthers Mr and Mrs L J Fenelon Mr E D Hewetson and Ms A Langbein

32 FOUNDATION ANNUAL REPORT 2016 OUR MEMBERS Mr and Mrs E R Hickman Mr S Lewis Mr M C Muir Mr P J Hickson Mr D G Liggins Mrs D Mulcock Mr M J Higgs Mr and Mrs Y Lim Mr and Mrs S J Munro Mr G R Hill Mr and Mrs P E Lindesay Mr W D Murphy Mrs J Hindmarsh Mr and Mrs T Lines Mr S C Myhill Mr M M Hobson Mrs S Lingo Mr and Mrs P Nelson Mr V B Holdaway Mrs J Litten Mr and Mrs T G Nelson Parker Mr T L Honan Mr and Mrs R D Llewellyn Mr B R Neumegen Mr P B Hoobin Mr and Mrs J Lockie Mr B G Neville-White Mr and Mrs R J Horrocks Mr and Mrs G I Lowe Mrs K Nickels Mr D K Horton Mr J O Lusk Dr R Nicol Mr H M Horton Mr R A Lynd Mr R M Noakes Mr T J Howard Mr J H Maasland Mrs G Noble Mr M C M Howat Mr K G MacCormick Mrs J Norgate Mr J Hsu Mr R N MacCormick Mr and Mrs A Nugent Mr P Huljich Mr H H Macdonald Mr and Mrs D L Olde Mr E J Hunkin Mr R W Macdonald Mr D E Olsen Mr P Hunt Mrs S Macindoe Mr J O’Neill Mr and Mrs M G R Hutcheson Mr and Mrs M J MacMillan Mr and Mrs K R O’Rourke Mr J B S Hutchinson Mr and Mrs D Manning Mr R W Orr Mr W R Hutchinson Mr R Marchant and Mrs A M Ghirelli Mr B K Otto Mr D B Innes Mr B M Marler Mr and Mrs R Pagani Mr R J Insull Mr W R M Marsh Mr J Park and Mrs K Min Mr Y Ishii Mrs A Martelli Mr J D W Pask Mr E C Jack Mr and Mrs M Mason Mr I D Paterson Mr J H Jackson Mr F Mason Mrs D J Paterson Ms C M Jackson Mr and Mrs J S M Massey The Right Reverend J C Paterson Mr and Mrs G Jacobsen Dr J R D Matthews Ms T H Pedersen Mr M G Jamieson Mr T A Matthews Mr and Mrs J B Peebles Mr B Jeffery Mr P M Mayston Mr C E Perkins Mr G L Johnson Mr and Mrs N K McDell Mr H E Perrett Mr G M Johnston Mr M J McDonald Mr G C Peters and Ms W J Mackay Mr P L Johnston Mr G M McEwin Dr J E Petoe and Mrs W Petoe Mrs P Johnston Mrs G McGechan Mr and Mrs R M Petricevic Mr D J Jones Dr A J McGeorge and Dr K Philipson Mrs J Phillips Mrs J Jones Mr C I McGregor-Macdonald and Ms M Mr and Mrs A W Picot Mr R A Josephson Thomson Dr A H Preena Mr J Judge and Mrs J Clarke Dr D A R McKay The Hon J M Priestley CNZM QC and Mrs Mr J Kelt Mr R J McKay A Priestley Dr and Mrs B Kent-Smith Mr and Mrs G McKendry Mrs L W Print Mr T Khau Mr B L McKenzie Mr K R Provan Mr and Mrs S Kim Mr D J McKenzie Mr J R Ralston Mr D A Kirkpatrick Mr R E McKenzie Mr M A Reid Mr J C Kirk-Smith Mrs R B McLaren Mr H T Retzlaff Mrs L Kirk-Smith Mrs P McLaughlin Mr and Mrs P Reynolds Mr E F Kleyn Mr and Mrs R F McLean Mr W S Rial III Mr B Koningham Mr M G M McLean Mr V G T Richards Mr R C Kuegler Mr and Mrs P H McNamara Mr F H Richardson Mr J La Grouw Jr Mr and Mrs A McNaughton Mr N P Rigg Mr A R H Laity Mr G A Mekkelholt Mr B E Rissetto Mr and Mrs A F Laity Dr C G Mellow Mr S B Robinson Mrs A Laity Mr L Miao and Ms S Duanmu Mr A J B Rogers Dr G F Lamb Mr A W Miles Mr and Mrs L R Rogers Mr and Mrs A G A Landels Mr and Mrs J A Miocevic Mr and Mrs Q Ross Mr R B Lange and Mrs K C Jones Mr and Mrs J A N Mitchell Mr G J Ross Mr M M Langley Mr D N Mitchell Dr S and Dr S Roy Mr J Laurenson Mr A J Mitchelson Mr and Mrs R Roydhouse Mr R E Lawford Mr R J Moody Mr and Mrs P S Rust Mrs H Lawford The Hon Justice and Mrs S J E Moore Mr and Mrs B C Sando Mr and Mrs A R Lawrence Mr A W B Morris Mrs H M F Saunders Mr J P Lee Mrs S Morrissey Mrs H Schouten Mr H C Lehman Mr and Mrs R S Morton Mrs L Scott Mr I U Letele Mr J A C Motion Mr and Mrs W Selles

FOUNDATION ANNUAL REPORT 2016 33 Our Members (continued) Mr and Mrs B D Sharma Mrs S Talbot Mr R Weir and Ms S Abdale Mr and Mrs H Sheard Mr D L P Tapper Mr C M Westerlund Mr C T Sheffield Professor C Tasman-Jones Dr P White Mr R Sheild Mr and Mrs C N Taylor Mr and Mrs K G Whitney Mr R Shih Mr and Mrs R H Taylor Mr J A Wilkins Mr J F Shortt Mrs J M Taylor Mr M Y Wilkins Prof R H Sibson and Ms F Ghisetti-Sibson Mr G M Thomson Mr D A R Williams Mr M F R Simich Mr M R Thorley Mr G D Williams

OUR MEMBERS OUR Mr P A Simmons and Mrs A M Tills Mr and Mrs M D Thornton Mr G J P Williams Mr M Simson Mr R B Thornton Mr J B Williams Mr P Simunovich Mr and Mrs I Thursfield Mrs J M Williams Mrs D Sinclair Mrs J Tongue Mr A D P Wills Mr F Sing Mr A R Train Mr S C B Wills Mr and Mrs M K Sisam Mr H Trebitsch Mr and Mrs J W Wilson Mr and Mrs A C Sissons Mr and Mrs T R Turner Mr and Mrs M Wilson Mr B H Skelton Mr K S Turtill Mr and Mrs M Wilson Mr and Mrs J Slagter Mr and Mrs U Unasa Mr R Wilson Mr and Mrs G R Smith Mr C K & Dr S Urry Mrs J Winter Mr and Mrs P R Smith Mr and Mrs B F Vanstone Dr P C Wong Mr H L M Smith Mr G E Vazey and Mrs C Ruwhiu-Vazey Mr J Wong Mr A J Smits Mr P J Vela Mr T Wong and Mrs M Hollier Mrs S Smits Mr C A Voyce Mr and Mrs A J Wootton Mr K H Song Mr M Vujanic Mr P T Worsp Mr D G Spence Mr and Mrs G Wadsworth Mr and Mrs R W Wrightson Mr B R Spring Mr O W Wagener Mr and Mrs J Wylie Mrs S L Spurway Mr and Mrs A Wait Mr Z Xie and Mrs X Wang Mr B V C Stafford Mr and Mrs C Wakefield Mr and Mrs C Yang Mr R Stanners Mr A J Walbridge Mr and Mrs T Yaxley Mr and Mrs W T Stevens Mr C A Walker Mr A K Yee Mr and Mrs M Stokes Mr J H R Walker Mr A W Young Mr J R Storey Mr D M Walter Mr K F Storey Mrs M Watson Mr K S Street Dr E C Watts Dr D E Swaris Mrs E Wedral

Corporate Members We acknowledge the sad passing of Alistair Dryden Family Trust 4 of our Members during 2016: Allied Domecq Wines (NZ) Ltd Mr D L Baillie American Express International (NZ) Inc Mr R J Coates ANZ Banking Group NZ Ltd Mr I C Macalister Aon Consulting New Zealand Ltd Mrs J Ryall Aon New Zealand Limited Armacup Maritime Services Limitd Auckland City BMW – Sarah Hughes Bayleys Realty Group – Sue Stanaway Brittain Wynyard & Co Ltd Fisher & Paykel Finance Fuji Xerox New Zealand Ltd Giltrap Group Holdings Ltd New Zealand Cricket Foundation Inc Ngāti Whātua Ōrākei Whai Maia Ltd ORB Orthopaedics Ltd – Benjamin Willis Pepsi Cola Bottlers New Zealand Rotary Club of Otahuhu Inc Simpson Grierson Smith & Caughey Limited Soar Printing Co Ltd South Auckland Charitable Trust Specialist Radiology & MRI Ltd – Quentin Reeves SunRice Vomo (Fiji) Limited Vomo (NZ) Ltd Walker & Hall

34 FOUNDATION ANNUAL REPORT 2016 Help a student find themselves at King’s. Become a member of the Foundation.

Each year, past and current parents and Old Collegians and their families contribute significant amounts towards endowment and special funds, as well as towards academic, sporting and boarding scholarships. Through the King’s College Foundation you too can help a student begin their journey at King’s.

To donate, pledge or bequest please contact: Ms Jeanette Paine, Director of Marketing and Development P: +64 9 270 7884 E: [email protected] or visit kingscollege.school.nz