Annual Report

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Annual Report 20 ANNUAL REPORT 19 CHAIRMAN’S REPORT 2018-2019 Since inception in 2006, the Foundation has reached cumulative distributions of over $5 million to more than 290 charitable projects. It is my pleasure to report on the Coopers Brewery debt relief, to establish seven debt centres in areas Foundation activities for the 2018–2019 year. experiencing Australia’s highest poverty levels. This project will deliver free access to creditor advocates, The Foundation distributed $480,000 to 15 financial educators and emotional supports to help Australian charitable projects this financial year. reduce the impact of unmanageable debt and Coopers have generously donated proceeds from intergenerational poverty for over 530 individuals non-operational fundraising efforts, including tours and their families. of the Brewery raising $43,000, and recycling recoveries, generating more than $57,000. The 2019 Shareholder Appeal was successful in raising almost $58,000 for Anglicare SA’s Family The 2019 Coopers Brewery Foundation Golf Day Connect program. Anglicare will work with refugee was highly successful, raising more than $142,000 mothers and their children in the northern Adelaide for the Neurosurgical Research Foundation’s region, targeting women who do not receive welfare stroke research. This ground-breaking research support, to help increase engagement with their will determine if a molecule, found naturally in the children’s schooling. Project workers liaise with brain, can be administered shortly after stroke to local schools to identify families at risk of social reduce brain injury and save tissue. Should this isolation, many of whom have limited language or be successful the impact will be meaningful, as literacy skills. Increased participation may help these one in six Australians will suffer a stroke at some women identify their children’s progress against key stage in their lifetime, for which there are no current milestones. therapies to reduce brain injury. Thanks go to the many organisations and people who participated in During the year the Foundation grew $430,000 the event, and either donated or contributed to the to $5.407m, comprising of cash and investments. success of the day. The total income from investing activities, including franking credits, totalled $346,000 compared to A cocktail party was held in March at the Brewery for $194,000 last year, cementing a strong financial our Friends of the Foundation, including employees, position for the future. shareholders and corporate partners who once again generously contributed during the year. I would like to acknowledge the pro bono audit of the Foundation financial statements by Paul Cenko At this event, the second Sustainable Giving Grant and the team at KPMG, and to thank the Board of was presented to Phill Pickering of Christians Against Governors, our Executive Officer Briony Neindorf and Poverty (CAP) and to the 2018 Golf Day recipient Patrons, the Investment Committee and the Coopers KickStart for Kids, represented by Ian Steel. Brewery Board of Directors for their support of the CAP was awarded the grant in September 2018, Foundation, ensuring it continues brewing support for in aid of family and community support based the community. on Christian values. The organisation will receive $150,000, allocated over a three-year period, for their project Freeing Families: Community-led Melanie Cooper AM Chair 2 MISSION STATEMENT The Coopers Brewery Foundation aims to improve and protect the quality of life of Australians, by providing support to charitable organisations with recognised strengths in medical research and health care, in youth education and aged care, and in fostering family and community support based on Christian values. THE GOVERNORS OF THE FOUNDATION ACT IN AN HONORARY CAPACITY GOVERNORS PATRONS EXECUTIVE OFFICER COOPERS FOUNDATION 2019 ANNUAL REPORT 2019 COOPERS FOUNDATION Glenn Cooper AM Jo Cooper Briony Neindorf From left: Melanie Cooper AM, Haydn Duffield, Dr Tim Cooper AM, RADM The Hon Kevin Scarce AC, CSC, RAN (Retd), Leanne Gelly. 3 FOUNDATION GOLF DAY Held on Friday 3rd of May 2019, the eleventh Coopers Brewery Foundation Golf Day was yet again another successful event. With 120 players, 30 teams and 17 corporate hole sponsors, over $142,000 was raised for the Neurosurgical Research Foundation (NRF), to conduct stroke research. The NRF contributes to research around the cause, and very successful auction, thanks to the enthusiastic diagnosis, prevention and treatment of disease, bidding and generosity of the guests. injuries or malfunction of the brain, spine and nerves. The Foundation was proud to support the valuable Our hole sponsors provided a variety of work of the NRF through the Annual Golf Day. entertainment, activities, catering on the course, The outstanding success of the event can only be including a gin tasting by Kangaroo Island Spirits, achieved by the wonderful support and generosity of creating a festive atmosphere for the golfers. individuals and companies, through their sponsorship, The dinner provided by Kooyonga later in the in-kind support, participation and donations. evening was enjoyed by all. Appreciation also goes to Sharon Gray and Bernie Altschwager from Ouwens Casserly Real Estate who conducted a lively 4 $142,000 WAS RAISED FOR THE NEUROSURGICAL RESEARCH FOUNDATION SPONSORS Australian Coffee Distributors Majestic Hotels South Australia Adelaide Convention Centre Beerenberg Mike Annese Photography Adelaide Oval Bidfood Murphy Transport Solutions Adelaide Venue Management Bickfords NRF Ahrens Bollinger Shipping Agency NRF Neuroscience Team Allianz Botton, Lisa & Russell On Creative ANZ BrewArt OTR Cold Logic Charlesworth Nuts Ouwens Casserly Real Estate Ecolab Clayfield Wines Parmalat KPMG Cooper, Jo Patrick of Coonawarra Jamestrong Packaging Cooper, Melanie Perpetual Lallemand Brewing Coopers Alehouse Price Screen Digital One Toyota Coopers Brewery Sage Hotels Coopers DIY Beer Shearer, Michael & Jo Orora Fibre Packaging ANNUAL REPORT 2019 COOPERS FOUNDATION Ouwens Casserly Real Estate Corpralite Audio Visual Siegel Adhesives Premium Beverages Created 2 Print Spring Gully Foods Prime Q CTM Travel Stamford Hotels & Resorts Skycity Adelaide Casino DG Sport Supercars SPX Flow Feathers Hotel Tanunda Cellars Foodland Taylor & Holmes SUPPORTERS Haigh’s Chocolates The Highway Adelaide Festival Centre Intercontinental Adelaide The Lion Adelaide Venue Management Kangaroo Island Spirits Thomas Farms Kitchen Acme Pump Specialists Kooyonga Golf Club Topline Promotions Arab Steed Hotel kwp! Advertising Vili’s Mainfreight Wicks Estate 5 NEUROSURGICAL RESEARCH FOUNDATION The Neurosurgical Research Foundation (NRF), established in 1963 and based in Adelaide, funds world-class neurosurgical research Australia-wide. Dedicated to searching for cures, improved treatments and developing drugs which are progressing from the laboratory to clinical trials. With funding raised from the 2019 Golf Day, the 1 in 6 Australians will suffer a stroke in their lifetime, NRF aims to determine whether administering the and 65% of stroke survivors are left with a permanent sAPPa protein soon after stroke can reduce brain disability. This vital research will be conducted over a tissue injury, facilitate recovery and improve patient 2 year period. outcomes. The study hopes to determine whether this protective molecule found naturally in the brain, can reduce the degree of brain tissue injury following stroke. These findings will inform on the sustainability of sAPPa as a stroke treatment and whether advancement to clinical trials are warranted. AN ADELAIDE-BASED RESEARCH FOUNDATION DEDICATED TO DEVELOPING CURES, IMPROVED TREATMENTS & OUTCOMES FOR STROKE SUFFERERS. 6 SUSTAINABLE GIVING The Foundation’s Sustainable Giving program, now in its second year, provides selected charities with a total of $150,000 in funding over three years. Next financial year, the youth education sector will be represented and the Foundation will be supporting three charities simultaneously. The Coopers Brewery Foundation supported In late 2017, the Australian Dental Outreach Christians Against Poverty (CAP) as the second Foundation became the first organisation to benefit recipient of funding. As part of the Sustainable from the Sustainable Giving Program. Now in its Giving, CAP receive $50,000 a year for 3 years. The second year, funds continue to help provide mobile organisation has helped over 3,000 Aussie’s become dental services to residents in aged care and nursing debt free. CAP is passionate about working with local homes in socially disadvantaged communities churches to release people across Australia from the throughout South Australia. crushing weight of debt, poverty and its causes. The Australian Dental Outreach program is ANNUAL REPORT 2019 COOPERS FOUNDATION the largest aged care program of its kind in South Australia. 7 Multicultural Communities Council of SA BENEFICIARIES The following organisations were beneficiaries of funding from the Foundation in the year ended 30 June 2019: AGED CARE & DISABILITY HEALTH CARE & MEDICAL RESEARCH Australian Dental Outreach $50,000 Breakthrough Mental Health Research $25,000 Foundation Inc Foundation – Flinders Foundation Sustainable Giving: Second instalment Staff appeal: Providing dental care to elderly patients Early detection of eating disorders Community Living Australia $28,120 Centre for Eye Research $42,300 Brain Boost Bars - disability initiative Shareholder Appeal 2018 Multicultural Communities Council of SA
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