ANNUAL REPORT 2016 / 2017 OUR VISION: for all south australians to have opportunities to participate in the community and live with dignity and hope. www.wyatt.org.au IMAGE: During 2016/2017 Wyatt partnered with the Lions Club of Richmond to fund youth education initiatives in Western Adelaide. The Adelaide Bike Kitchen ran one of the eight inspiring projects funded through this partnership, providing maintenance workshops to Challa Gardens Primary School students who rely on their bikes to travel to and from school. CHAIRPERSON’S REPORT YEAR ENDING 30 JUNE 2017 We are committed to building our knowledge base. This is reflected in our external thought leader initiatives in which we partner with others to host key speakers and thinkers in areas pertinent to our work. We are actively involved both locally and BOARD OF GOVERNORS nationally with Philanthropy Australia. Elizabeth Wilson BSW, AUA (Soc Stud) (Chair) Jon Gregerson LLB Andrew Davies BArch (Hons), Grad Dip, LFRAIA Anne McCutcheon BA, Dip Soc Stud, MBA, AFAIM David Minns BEc, F Fin, FCA, FTIA As a philanthropic organisation we Australian Health and Medical process. This process was helpful in Total grants, including grant Rosemary Osman BSc (Hons), Dip Ed, DFP (to Oct ’16) rely on the work of our partners in Research Institute (SAHMRI), the identifying a number of key directions management costs, exceeded $3m. Tony Scammell BEc, MBA (to Oct ’16) education, community services and Resilient Futures SA Project, from 2015, including those related to investment COVER IMAGE: Wyatt’s Colin Oliver Pam Simmons BSW, MPolAdmin, GAICD (from Oct ’16) housing to help us advance our vision and the Aboriginal Diabetes Project, and funds generation, and property BOARD & STAFF Scholarship Program provides funding John van Ruth FCA, FAICD (from Oct ’16) of seeing all South Australians having which commenced this year. divestment. towards a range of music-related the opportunity to live with dignity During this year we said farewell and expenses and experiences to assist FINANCIAL CONSULTANT and hope. Equally, our partners rely on Another example is Work Pay$ Following significant deliberation, the thank you to long standing Wyatt eligible students at four partner schools John Lampard FCA, FTIA the support and funding of Wyatt to Everyday Money Skills for Young Board decided that in order to give full Governors Rosemary Osman and Tony to fully participate in their Specialist respond to need and create opportunity People with Disabilities. Aimed at focus to our work as a grant maker we Scammell, who each made an Music Studies from Year 10. STAFF TEAM for those they serve as they pursue this strengthening financial literacy skills would cease owning affordable extraordinary contribution to Wyatt goal we share. for young people with a disability who retirement housing. In doing so, we through their 14 years service. We were Funding was provided to 11 young CHIEF EXECUTIVE are about to enter the workforce, this were determined to ensure that the sale delighted to welcome two new members South Australians through this program Paul Madden AM, MDR Over the past year we have been project has been delivered in of our retirement housing assets would to the Wyatt Board - Pam Simmons, during 2016/2017. privileged to work with more than 80 partnership with The Bedford Group, not impact the housing security of formerly Guardian for Children & REGIONAL GRANTS MANAGERS partner organisations and 123 referrer Financial Literacy Australia, Flinders existing tenants and residents. We were Young People in South Australia, and Megan Coupland BA (Hons), MA groups in delivering grants to families University, and The Department of pleased to find the ideal purchaser in John van Ruth, current CEO of Clare Randall BBehavSc (Psych), MSW and individuals that respond to Education and Child Development. The Adelaide Benevolent Society, an Operation Flinders. Jessica Sutherland BA (Hons) immediate need and build personal Funding has been awarded to make a organisation with a history and focus on capacity. short film about the project to be those in need, much like our own. I would also like to acknowledge and OPERATIONS MANAGER featured during Community and thank my fellow Governors on the Wyatt COLLABORATION & LEARNING FINANCE AND GRANTS Kate Fox BSW, MBA Philanthropy Partnerships Week 2017. Board and our dedicated staff team for their steadfast efforts in supporting and PLANNING & FOCUS GRANTS ASSESSORS At Wyatt we aspire to be a learning Our net assets this year grew to more assisting those we are privileged to serve organisation and this is evidenced by a than $87m, an increase of nearly $11.6m COVERKate FentonIMAGE: BSW, MSocDev through our work at Wyatt. Julie Maguire growing number of projects in which Over the course of the year the Board over the previous year. This increase research is incorporated into practice. gave particular attention to strategic was substantially due to sale proceeds LIZ WILSON RECEPTIONIST Key projects include two with the South planning extending to 2020 through from the retirement housing and good CHAIRPERSON Simone Pomeroy a facilitated Board and staff workshop growth in the value of investments. “AT THE WYATT TRUST WE ARE PRIVILEGED TO WORK WITH A VAST RANGE OF 6,675 Households PARTNER GROUPS FROM THE SOCIAL, GOVERNMENT, ASSISTED THROUGH WYATT SMALL GRANTS AND PARTNER GRANTS IN 2016 / 2017 EDUCATION AND PHILANTHROPIC SECTORS. AS WE WORK TOGETHER TO IMPROVE OUTCOMES FOR SOUTH AUSTRALIANS IN NEED, OUR IMPACT IS MULTIPLIED. WE COULD NEVER ACHIEVE ALONE WHAT WE ARE ABLE TO 467 1,232 3,283 472 ACHIEVE TOGETHER.” ANDREW DAVIES, PEOPLE ASSISTED STUDENTS AND PEOPLE WITH AN HOUSEHOLDS CHAIRPERSON, GRANTS COMMITTEE INTO EMPLOYMENT FAMILIES WITH INCREASED ABILITY OBTAINED OR PATHWAYS AND/ INCREASED TO MANAGE THEIR SUSTAINED OR SUSTAINABLE ENGAGEMENT IN FINANCIAL LONGER-TERM EMPLOYMENT EDUCATION OBLIGATIONS ACCOMMODATION IMAGE: The Wyatt Trust has a IMAGE: Thelong Community history of providing Living smallProject scholarships to enhance school (CLP) supportsretention South and re-engagement Australians withto a disabilitystudents to establish at risk their of dropping own business out through oftheir education. Micro-Enterprise Partnerships Project.exist SMALL GRANT Wyatt haswith partnered 13 schools with in connection CLP since 2014, 1,221 with the Bultawilta Program assisting aimedup to at10 supporting people each Indigenous year to SMALL GRANTS 123 REFERRERS access thestudents, funds andand supportsin 22 high theyschools may need to successfullyfor students at turn risk. their business idea into a reality. A LONG-TERM VISION The life of dr william wyatt, and his trust, is powerfully symbolised by a tree. as a key figure in the establishment of our botanical gardens, dr wyatt was a planter of trees in south australia in both the actual and metaphorical sense. PARTNER GRANTS CATALYSTS FOR CHANGE visiting experts in philanthropy, and “the help we Dr Wyatt planted trees under which he of life for South Australians in need, is would never sit. He took the long view through the making of grants to facilitating training sessions. received with our as he gave his life in service to the individuals and households. In 2016/2017 Wyatt’s Partner Grants At Wyatt we see ourselves not simply SOCIAL IMPACT INVESTMENT rent and water foundation of our education and Program engaged 81 partner groups as grant makers but as part of the wider healthcare systems here in South The grant making framework provides assisting South Australians experiencing social system that seeks to enhance the In Australia and globally there is strong bills means we Australia. Dr Wyatt’s ubiquitous for grants ranging from those which financial hardship across the priority lives of people in need through practical and growing interest in investments won’t be evicteD... influence extended to natural science, respond to immediate need through to areas of: support, personal advocacy and the that produce both a financial and social animal welfare, mental health, the world those which develop skills and personal pursuit of solutions to entrenched return with Social Impact Bonds being it also means that I of business and much more. His noted capacity, with a focus on measurable • Education Retention and disadvantage. We are committed to released in many places. Wyatt has could accept my modesty stands in stark contrast to the outcomes. Reengagement working with others and the following played a significant role in fostering the significance and longevity of his • Employment Pathways are some of the ways we do so: development of this type of investment offer to go to Uni.” achievements. SMALL GRANTS • Housing Support in South Australia. • Financial Wellbeing. COLLECTIVE IMPACT INITIATIVES PRACTICE-BASED RESEARCH Wyatt Housing Package Dr Wyatt was intensely interested in the The Small Grants Program is designed Wyatt Grants Managers are engaged Recipient - a single parent human condition and sought, through to enable people in immediate need to be Partner groups include a wide range on a continuing basis in leadership and Wyatt is committed to learning through with limited support. his many pursuits, to improve the life assisted through the provision of basic of community organisations, with the working groups for Collective research grounded in practice. During recipient groups including educationally . and circumstances of people. Over 130 necessities and help in gaining or Impact initiatives across the State. the course of the year Wyatt has been years, generations of governors of The sustaining housing. In the past year disengaged young people, students in These include the Impact Inner North involved in funding two multi-year Wyatt Trust have sought to give effect to 1,221 individuals and households were need of extra support, students with and Together in the North and Together projects, through the South Australian his desire to provide an enduring way assisted in this way. disabilities, people who are unemployed, in the South initiatives. Health and Medical Research Institute, to South Australians in poor or reduced in housing crisis or financial need.