Responsible Persons' Report

Responsible Persons' Report 31 December 2019

Your responsible persons present their report on The Camberwell Grammar School Foundation Limited for the financial year ended 31 December 2019.

Information on responsible persons

The names of each person who has been a responsible person during the year and to the date of this report are:

Mr Jack Wegman Elected May 2005 Qualifications BA, Dip. Psych, Company Director

Mr Christopher Ian Thorn, AM Elected May 2006 Qualifications B. Comm, MSDIA, ASIA, GAICD, Company Director

Mr Gavin Lee Powell Elected April 2010 Qualifications BComm (Melb University), CAANZ. FCIS, Managing Director

Mr Robert Mark Scheiber Elected March 2013 Qualifications B. Bus (Acc), CAANZ, MBA, MTax, CTA

Ms Lyndal Barrington Elected August 2016 Qualifications Practice Manager

Responsible persons have been in office since the start of the financial year to the date of this report unless otherwise stated.

Principal activities

The principal activities of The Camberwell Grammar School Foundation Limited (the 'Foundation') during the year were to:

• through its own initiatives and those of the Camberwell Grammar School (the 'School') and the broader School community, drive and support fundraising initiatives for the benefit of the School;

• support the ‘friend raising’ initiatives within the broader School community;

• apply funds raised by the Company in the best interests of the School; and

• act as fiduciary custodian of funds previously raised and not yet applied.

Members' guarantee

The Camberwell Grammar School Foundation Limited is a company limited by guarantee. In the event of, and for the purpose of, winding up of the Foundation, the amount capable of being called up from each member and any person or association who ceased to be a member in the year prior to the winding up, is limited to $5.

The Camberwell Grammar School Foundation Limited ACN: 006 703 171

Responsible Persons' Report 31 December 2019

Operating results

The total comprehensive income/(loss) of the Foundation amounted to $ 975,604 (2018: $(37,201)).

After balance date events

No matters or circumstances have arisen since the end of the financial year which significantly affected or may significantly affect the operations of the Foundation, the results of those operations or the state of affairs of the Foundation in future financial years.

Auditor's independence declaration

The auditor's independence declaration in accordance with section 60-40 of the Australian Charities and Not-for-profits Commission Act 2012, for the year ended 31 December 2019 has been received and can be found in this financial report.

Signed in accordance with a resolution of the Board:

Responsible person: .......................................................... Mr Christopher Ian Thorn, AM ................................ Mr Christopher Ian T

Dated 21 February 2020

Responsible person: ........................................................... Mr Gavin Lee Powell ........................................ Mr Gavin Lee Powell