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Minderoo Foundation Annual Report 2012/13 Contents

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Minderoo Foundation Annual Report 2012/13 Contents MINDEROO FOUNDATION ANNUAL REPORT 2012/13 CONTENTS Minderoo is an Aboriginal word Foreword 2 meaning permanent and clean water. Walk Free Foundation 4 Minderoo Station is where Andrew Forrest grew up in the Pilbara. It has GenerationOne 6 been a part of the Forrest family for Hope for Children Australia 11 generations. We are proud of our long contribution to Australia and our The Community 12 spiritual home in Australia’s outback. Education 15 The sun in our logo and the water in our name are yin and yang that The Arts 19 symbolise the source of new life, Community Partnerships 25 creation and the always changing 2001 – 2013 nature of our organisation. Financials 26 The logo can also be represented as a tree viewed from above. We are Director Profiles 28 not rooted in one spot by a trunk – we continually grow from our core without limitations. People and celebration can be interpreted in the shapes of the branches depicting our focussed action through our team and our dynamic service to the global community. The logo reflects movement, as we know that to improve we must always change. Minderoo has eight letters and there are eight circles in our logo depicting good fortune, prosperity and respect for culture and also representing the eight values of Minderoo. The colours of the outback reflect that we are proudly Australian. 1 We are proud to present the Annual › The Walk Free Foundation, a global Report for the Minderoo Foundation. This organisation focused on ending modern slavery, has been a year of exciting growth and was launched in May 2012 and has grown development. considerably over the past 12 months. Its mission Our focus on driving positive change in the is to end modern slavery in our generation world has evolved into a clear and ambitious by mobilising a global activist movement, strategy that is being pursued by our committed generating the highest quality research to and diverse team. Most importantly we have measure slavery country by country through created the building blocks to enable global the Global Slavery Index, enlisting business and slavery to be mortally wounded in the years raising unprecedented levels of capital against ahead and for the disparity of Indigenous a defined strategy and budget to drive change FOREWORD Australians to be redressed through employment. in those countries and industries bearing the Minderoo operates with a culture that greatest responsibility for slavery today. The encompasses the values of family, courage, issue of modern slavery came to our attention humility, frugality, empowerment, enthusiasm, after our teenage daughter worked in an determination and innovation. orphanage in Nepal. That experience, combined In February 2013, we were proud to be the first with follow up visits in later years when we were Australasian signatories to join the Giving Pledge not able to locate many of the young children – a commitment by some of the world’s most our daughter had cared for, exposed the reality influential individuals and families to dedicate and horrors of child trafficking and other forms the majority of their wealth to philanthropy. of modern slavery. Together with Bill and Melinda Gates, Warren From the very beginning one of the Foundation’s Buffet, Sir Richard Branson and Pierre and Pam core areas of focus has been early childhood Omidyar, the Minderoo Foundation advocates development and its importance in determining for an independent quality of life for the world’s the foundation of an individual’s future. We least fortunate. have been working closely over the past 12 The original aim of the Minderoo Foundation months with champions in the area of education through the Australian Children’s Trust was and early intervention and are hopeful that to help all Australians, particularly children these heroes in our community can lead the and Indigenous Australians, to dream way way in making a difference so that children have beyond what their current circumstances and the best chance of developing into healthy and expectations might allow and then equip them contributing members of society. with the belief to achieve those dreams. In addition to these areas of specific focus, The Minderoo Foundation has since expanded the Minderoo Foundation has pursued a variety its focus to include: of other projects and supported many causes › GenerationOne, a national movement that we believe in. focused on ending Indigenous disparity in It is important to us that every resource is Australia through employment. The Australian applied to the best purpose and that we closely Employment Covenant (AEC), an initiative measure outcomes to ensure accountability of GenerationOne has secured over 60,000 and success with achieving objectives. During job commitments for Indigenous Australians. the past year we have implemented appropriate The Covenant is a three-way commitment by governance practices and operating systems to Australian employers, the Australian Government support scaling up our philanthropic endeavours and Indigenous people to break the vicious cycle of unemployment and poverty among in the years ahead. Indigenous Australians. GenerationOne has over We are grateful to our dedicated team, our a quarter of a million supporters nationally. Board and our supporters who share our vision. Andrew Forrest Chairman Nicola Forrest CEO 3 WALK FREE FOUNDATION The Walk Free Foundation’s mission is to end modern THE FREEDOM FUND slavery in our generation by mobilising a global activist Walk Free Foundation has partnered with two leading anti- movement, generating the highest quality research, slavery activists and donors, Humanity United and the Legatum enlisting business and raising unprecedented levels of Foundation to create an ambitious seven-year effort to raise capital to drive change in those countries and industries and deploy $100 million or more to combat modern-day bearing the greatest responsibility for slavery today. slavery. The announcement was made at the annual Clinton The Walk Free Foundation will do this by: Global Initiative in New York City, September 2013. › Identifying countries and industries most responsible The Freedom Fund is based on the investment approach of for modern slavery; its founders and aims to leverage donor funds to significantly › Scaling the interventions in those countries and industries increase the impact of existing and new anti-slavery initiatives that will have the greatest impact on modern slavery; and and enable the scaling up of successful programs globally. › Critically assessing our impact. The Fund will target specific areas of high prevalence using a ‘Hotspot’ funding model. By coordinating the efforts and resources of actors throughout the sector, the Fund aims to measurably reduce modern slavery by 2020. www.freedomfund.org BUSINESS ENGAGEMENT Modern slavery will not be eradicated until business leaders ensure their supply chains are slave-free. The Walk Free Foundation is working with business and Chief Procurement Officers (CPOs) the world over to ensure they have the knowledge and technical capacity to slave proof their supply chains. THE Global FUND TO END SLAVERY The Global Fund to End Slavery aims to scale proven anti-slavery interventions in high prevalence slavery countries. It will be a This 21st century solution to a 21st century crisis multi-stakeholder organisation that will bring together all the encompasses these ambitious initiatives: actors critical to solving the problem, including governments, the private sector, civil society and slavery survivors. While THE MOVEMENT raising unprecedented levels of capital, it will also apply a The Movement: We believe the pathway to ending modern business-like empirical rigour to ensure funds are directed slavery involves building public awareness and channelling towards those interventions proven to deliver the greatest this into the kind of mobilisation and campaigning required impact. It aims to launch at the World Economic Forum in to encourage decision-makers to respond to consumer and Davos, 2015. constituent demand. The Movement currently has some MAKING AN Impact four million supporters. Over the last 12 months, the Walk Free Foundation has been GLOBAL SLAVERY INDEX heavily involved in raising awareness of the risks of modern The world’s first Global Slavery Index, launching in slavery in hotspot countries, such as Myanmar. In December October 2013 injects actionable empirical evidence into 2012, the Walk Free Foundation kick-started this awareness anti-slavery discussions and responses. Using quantitative by supporting MTV Exit to put on the largest international methods it provides the first measure of the prevalence open-air concert in Myanmar history. of slavery in every country and places these figures in www.walkfreefoundation.org the context of what governments are doing to tackle it. The annual Index, informed by the most extensive survey research ever conducted on slavery, will be critical in directing efforts to eradicate slavery. The Global Slavery Index will be released annually but will also provide six-monthly updates to ensure journalists, policy makers and governments have the most up to date information possible, even while the next edition is being compiled. 4 The great insight of GenerationOne is that GENERATIONONE Meaningful employment starts with an employer. You employment is can have all the training in the world, you the only way to can have all the goodwill in the world, but put welfare out unless there is someone who is prepared of work. to say “Yes, I will employ that person,” one GenerationOne is a national movement bringing together all Australians with a goal of ending the Andrew Forrest employer, one employee, it will not work. disparity between Indigenous and non-Indigenous Founder, GenerationOne The Hon Tony Abbott MP Australians through employment. Prime Minister of Australia The work being done by We are driving GenerationOne and the and pushing for Demand former AEC in raising governments to success awareness and changing really support our and attitudes is making a vocational training you will major contribution to the and employment get it.
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