ANNUAL REPORT
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SUPPORTING OUR SERIOUSLY INJURED PLAYERS We care, advocate for and champion the safety of all players in the game we love.
WHAT WE DO
HOW WE DO IT
PRIORITIES
OUTPUTS
OUR VISION
Improve the quality of life of our injured players
Care
SUPPORT
Provide early response to a serious injury.
Champion Safety in the game we love
Research & Education
PREVENTION
Reinforce safety messages. Advocating for our injured players.
Collaborate
Advocate
ADVOCACY
Achieve investment targets and broaden the funding base.
Sustain our Foundation through World Class Stewardship
Sustain & Set Goals
FUNDING & RESOURCE
We care, advocate for and champion the safety of all players in the game we love.
Initiate support and provide awareness, grants, advocacy and whanau care.
2019
OUR VALUES
We will stand together in service providing empathetic support and partnership. We will provide leadership opportunity assistance and advocacy and networking to enable quality of lives. We will be financially sustainable. www.rugbyfoundation.nz
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TABLE OF CONTENTS Notice of Annual General Meeting Officers 2019 Chair’s Report CE Report Treasurer’s Report Non-Financial Information
Entity information
Statement of Service Performance
Financial Information
Statement of Financial Performance
Statement of Financial Position
Statement of Cash Flow
Statement of Accounting Policies
Notes to the Performance Report
Independent Auditors Report
Seriously Injured Players
Sponsors and Partners
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Nat and Braden
New arrivals: Phil and Ellen Spring’s baby Cooper
Stelios and his tribe
Vaughan De Groen
Bob and Family
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NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given of the 33rd Annual General Meeting of the New Zealand Rugby Foundation Incorporated will be held in the Presidents and Directors Lounge, Level 3, Alexandra Park Function Centre, Green Lane West, Epsom, on Tuesday 31 March 2020. The order of business for the Annual General Meeting shall be: 1. Opening of Meeting 2. Apologies 3. Confirmation of Minutes of previous Annual General Meeting held 9 April 2019 4. Presentation of the Chair’s statement 5. Presentation of CE’s statement 6. Presentation of Treasurer’s report 7. Receive and adopt the Annual Report 8. Receive and adopt the audited Statement of Financial Performance and Statement of Financial Position for the previous financial year. 9. Performance Report for the previous financial year 10. Election / ratification of Officers, Directors and appointment of Auditor: 11. Vote of thanks to Outgoing Officers and Directors of 2019 12. Consider any business or proposed resolution of which notice has been given. 13. Transact any general business 14. Closure.
Lisa Kingi-Bon CE NEW ZEALAND RUGBY FOUNDATION
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Honorary Life Members Richie Guy, Colin Gibbons, Maurice Trapp and Tane Norton
Honorary Life Members, Patron, Board and Management present at last year’ AGM
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Attendees at last year’s AGM
OFFICERS 2019 PATRONS
Sir Graham Henry KNZM Richie McCaw ONZ
PRESIDENT
Andy Leslie MNZM
FOUNDING PRESIDENT
Sir Russell Hilton Pettigrew F.Inst.D, FCIT K.T RNZN 3886, WWII. †
ORIGINAL FIRST XV
Sir David Beattie, Sir Russell Pettigrew, Sir Brian Lochore, Sir Desmond Sullivan, Sir Wilson Whineray, J.G Frazer, B.J Drake, J.J Stewart, G.C McKay, A.R Leslie, R.A Harper, B.A Hancox, K.R Tremain, R.W Thomas, I.A Vodanovich
BOARD OF DIRECTORS
Gerard van Tilborg
Chair
Andy Leslie MNZM President Mark Peters Treasurer John Leslie David Latta Simon Tremain Sir Bryan Williams KNZM MBE Dr John Mayhew ONZM Graham Mourie MBE Kirsten Patterson Andrew Golightly
NZR representative
Andrew Hall Tanya Black HONORARY LIFE MEMBERS
Sir Russell Hilton Pettigrew F.Inst.D, FCIT K.T RNZN 3886, WWII. † Sir Colin Earl Meads DCNZM MBE † Sir David John Graham KNZM CBE ED † Richie Guy ONZM Colin Gibbons Maurice Trapp Tane Norton
CHIEF EXECUTIVE OFFICER
Lisa Kingi-Bon
ACCOUNTANT
Angela Davies
AUDITORS
Crowe New Zealand Audit Partners
BANKERS
Bank of New Zealand Newmarket
ADMINISTRATION
Sport Auckland House Level 4, Alexandra Park Function Centre Green Lane West Epsom Ph: (09) 623 7980 Fax: (09) 623 7920 Email: lisa@rugbyfoundation.nz
Mobile 021 212 7399
Footnote: When placed immediately before or after a person’s name, the dagger indicates that the person is deceased. †
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CHAIR’S REPORT Firstly, thanks to the Board and Management of the Foundation for their great work this year. We started the year off the back of a correction in the financial markets at the end of 2018 and budgeting was difficult. However, as is detailed in the Treasurer’s report the excellent improvement from our investment funds during 2019 and the other ongoing support we have received allowed us to loosen reins somewhat as the year progressed. The Treasurer has covered this is some detail. It was pleasing that three major projects for Injured players were able to be largely completed during 2019 as they had been delayed in earlier times. These have made a significant difference to the quality of life for those involved. It is also pleasing that in undertaking those projects we were also able to maintain the level of our general grants. Whilst we discovered two more players injured in previous years that we had not been aware of, it is indeed a celebratory year when we have had no more injuries of a catastrophic nature. However, are continuing to see ‘near misses’ with 23 during 2019. As I mentioned in my 2018 report it is clear that we need better reporting of injury and better analysis of data to ensure that players can play competitively in a combative game but also in an environment that is as safe as possible to avoid catastrophic injury. As stated in our last report the Foundation had agreed to fund a Research resource with NZR to assist in the research of
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injury data. We are now in the throes of getting this project underway after some delays around the scope of the project. Eventually it is planned that we will find appropriate supporters to assist in the ongoing funding of this endeavour. We are very pleased to see the progress being made by NZ Rugby in developing an app to assist with the management of concussion. This app shows real potential in enabling bench mark testing to be put in place relatively easily and injury logging via the app with tracking of medical follow up and symptoms management. The app has a return to play protocol which will hopefully shorten the time for return to play under the Blue Card system but with scientific support to ensure that the player injury risk is well managed. It should also provide excellent support to clubs, schools and PUs in meeting their obligations under the Health and Safety in Employment Act. Currently the app is being tested in North Harbour, Hawkes Bay and Otago and we are watching with real interest. The biggest benefit though is that the system addresses issues if symptoms don’t show fast improvement. Referrals in these instances can then be quickly made to specialist clinical serves to ensure that best quality treatment and the fastest possible recovery. I personally consider that this project may be a positive legacy tool not just for rugby but for other sports managing incidents of concussion.
In injury prevention and management areas, Rugby is often in the cross-hairs for the risk of head trauma and catastrophic injury. In fact, Rugby led by NZR are well in front of the pack already in managing injury in sport and are leading the way in terms of injury minimisation and management as borne out in the statistics particularly around treatment costs. Rugby needs to celebrate the fact that in a competitive / combative sport it is leading the way in this area. Last year I mentioned that we have had concerns with the number of cardiac incidents that have occurred in and around the game over the years. As I said then we have been working on a project, subject to funding, to ensure there are externally accessible AEDs (defibrillators) available at every rugby club in New Zealand. This project has not proceeded as quickly as hoped but we are working hard to ensure that it can begin to be rolled out in 2020. Our financial target remains one of becoming self-sustainable over time and my target of $10m in ‘2015 dollars’ in investment funds to be achieved over the next few years I believe remains an important and achievable goal. I am pleased we have grown our financial assets to over $5.6M in 2019. This has been a great result after what had been a very difficult year in 2018 for Investment management. In 2017 investment returns contributed a significant amount to cover our costs but in 2018 this was negligible. In 2019 it
is great to see that return from investments have again contributed significantly to our revenue and indeed allowed us to increase our original grants budget during the year. My personal thanks go again to Graham McNally and to Gary Chapman in allowing us to benefit from the funds raised at the Emirates Long Lunch in Dubai. In 2019 we were privileged to receive $120K; up from $94K the previous year. Since 2014 we have received $396K from this source. The efforts of those involved, Graham and Gary, but also many others, to make that event such a success and the significant monies they have raised for the Foundation are very much appreciated. The difference these funds have made to the lives of our injured players has been immense. Thank you. Three other Charities who do magnificent work in their spheres of influence also benefit from this event. We are humbled and appreciative that we are one of that group receiving this assistance. Last year the support we received from Gaming Trusts has fallen to $94K which, whilst greatly appreciated is disappointing. There have been some suggestions that our financial position is such that the Gaming Trusts feel there
are others more worthy of support. Our message is very much that we cannot eat into our capital but need to build it so that in future we do not need to apply for this support. Indeed, the terms of some of our funding do not allow us to access the capital. However, in the meantime gaming trust funding it is relied upon operationally and we are working hard to communicate our message of working towards sustainability and self-reliance. Without the support of the Trusts our endeavours to one day reduce that reliance will fail. So, thanks for your help but please continue to support our efforts for the injured players. You have an immediate and positive impact on their lives and their communities. Sponsors and Business partners: Without you we simply could not do what we do. The support you enable financially is great but as important is your personal enthusiasm and support for the work we do and for our injured players and their families. Thanks to Panasonic for your support over the years. We are sorry to be losing you. To the Board and Management of NZ Rugby a huge thank you. These are challenging times for our sport but the support you provide financially is very much appreciated as much as that the
leadership that is provided through rugby is all aspects of social responsibility is excellent. The Directors and Management have worked tirelessly to support the Foundation during the year. Again, I would particularly like to thank President Andy Leslie for his ongoing advice and also the support of all of the other Directors. I would also like to express my deepest thanks to Angela, Gwendoline, Jo, Ben and Lisa. Last year at the AGM we celebrated the contribution of Maurice Trapp and Tane Norton who had worked relentlessly for the Foundation over many years. Maurice and Tane were both elevated to the position of Hon. Life Members at the AGM for their services to the Foundation. You both have our sincerest thanks and the accolade is very well deserved. This year Sir Bryan Williams has indicated that he wishes to retire from the Board. Beegee you will be missed. Please accept our sincerest thanks for your work and thank you for agreeing to continue your support of the Foundation in an ambassadorial manner. Thanks to all who support the Foundation. Gerard van Tilborg CHAIR
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CE’S REPORT 2019 is highlighted with no new players joining our Seriously Injured Players family. Purple patch. We will take it. We have two new ‘old’ Seriously Injured Players Sione Fifita (Auckland) was injured in 2011 playing for Auckland University. His injury was never reported. A walking tetra with complex on-going issues. Jonathan Maxwell (Tutira Hawke Bay.) He lost the sight in his left eye in 2002 while playing for Palmerston North Boys’ High School First XV.
reporting is positive. This does not necessarily mean increased occurrence, but rather, increased awareness and care. •
SUPPORT It has been busy in the Near Miss context. It is never a nice feeling when the mobile rings on Saturday or Sunday. Having said that, we would rather know than an injury not being reported and having serious repercussions – which is way more concerning.
Our Seriously Injured Players family: •
Seven of our Seriously Injured Players have been ‘way too close to the wrong side of the ledger health wise.’ Their families have had tough and worrying times.
•
Many have had really challenging pain management experiences. Also, at times, challenging care team issues.
•
There have been loads of positives as well, starting with many guys getting through winter ‘well’.
•
Engagements.
•
New baby: Phil and Ellen’s baby boy Cooper
•
NCEA achievements and University graduations / A+ achievements
Here is a summary of the incidents SCI Precautionary
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SCI / Surgery
1
TBI Precautionary
2
TBI
7
Cardiac Arrest survived
1
Internal / unusual
2
New Seriously Injured Players
0
Death on field
0
Death not by rugby
1
•
•
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An increase in female Near Miss incidents is inevitable as participation numbers grow. NZR have specifically designed a RugbySmart module directed at girls and women. An increase in Concussion / TBI (Traumatic Brain Injury)
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There has been concern of injuries not being reported. NZR have addressed this. I believe the point here is to focus on what actually needs to be reported. Not the broken pinkie or Achilles tendon. If a player is ‘serious’ i.e. neck / head / internal; rather err on the side of caution.
•
Personal adventures and career achievements
•
New homes in upsizing and downsizing.
•
Wonderful Wheel Blacks qualifying for Tokyo 2020, with a few hoops to get through.
•
Several achieving remarkably in their sport disciplines and chasing down Tokyo goals.
•
Others, in Life Coaching and setting goals for years to come.
FUNDING AND RESOURCE As highlighted in Treasurer Mark Peter’s report we are very pleased to report a positive year financially. In moving forward, it is fundamental to look back and acknowledge the $1m gifts from Goodman Fielder in 1987 and the NZRU in 2003 came with interest only expenditure caveats – which we still apply today. In 2019 we undertook an external fundraising activity review, that complements the internal strategic review the board delivered in 2018. The growth opportunities are identified, and our focus amended appropriately. We acknowledge our donors for their ongoing support of our appeals. They can be proud of what is being achieved with their donations enabling us to tangibly deliver the products and services our injured players require. We would specifically like to thank the attendees at our fundraising events. Many are repeat attendees,
whose continued support (and bidding at the auctions) we are deeply grateful for. Thank you also to the many generous organisations and people who provide these auction items or give their time which enables us to offer some totally unique experience based auction items. Whilst our annual pre-test luncheon at Eden Park continues to be our benchmark, we acknowledge the ongoing support of rugby organisations who continue to include us into their events with such loyalty: Emirates Group, Centurions RFC, New Zealand Harlequins RFC, the New Zealand Barbarians RFC and Massey RFC. The networking and public awareness these opportunities provide is equal to the financial benefits realised from these events. Thanks to our Business and Sponsorship in Kind partners – NZR, Panasonic, DB Breweries, Foley Family Wines, Claymore Law, NZ Rugby World and The Experience Group. Your continued support, flexibility to embrace our demands and enthusiasm towards new ventures is so heart-warming. Finally to the gaming trust funders from Infinity Foundation, North and South Trust, Pelorus Trust, GrassRoots Trust, Lion Foundation and Four Winds; we thank you for your support. We acknowledge the increased demands on your funding resources across many charities and are extremely grateful for your support when it is available.
PREVENTION, ADVOCACY AND COLLABORATION •
•
During the year we worked with a group of injured players and John Miller Law (JML). The issue is the disparity between the funding package paid by ACC to the contracted agencies and the package paid by ACC to those managing their own care (i.e. while an agency contracted to ACC is not arranging care). This is a complex issue and where there is no resolution yet, we would like to acknowledge Charlotte Kerr for her dedicated hours of work and also the team at ACC who are always available for discussion. There are many people at NZR dedicated to research and making the game as safe as possible as demonstrated in the prevention programme RugbySmart. ACC have made a $7m commitment towards this.
•
We have had some excellent side by side working with ACC case managers, where we work jointly to ensure the best possible outcomes for our mutual clients.
•
I would like to acknowledge Malcolm Pacific Immigration who over the years have provided incredible support and service in assisting with immigration and visa issues.
•
Biennially we meet with our counterparts for collaboration on many levels: In May we met in Sydney with teams from Australia, South Africa,
England, Argentina, Ireland and Japan. We agreed common objectives which include the continuous improvement in the education and prevention of spinal injuries (SCI) and Traumatic Brain Injury (TBI) in the game of Rugby Union and the management, rehabilitation and welfare of players who have suffered such serious injury playing Rugby Union. We agreed to actively share ideas, information and knowledge on a confidential basis that may be beneficial to the operations of the parties and the Common Objectives. CONCLUSION We could not provide the assistance that we do to our injured players without the grant from New Zealand Rugby. I acknowledge the many dedicated staff members who assist us in a myriad of ways. To our injured players, thank you. We’ve had so many lovely moments together this year. We have been fortunate to get to know your families - wives, partners and children, as well as carers and friends. We salute your support networks. Finally, I thank my colleagues, Ben Sturmfels, Gwendoline Jessop and Angela Davies, for their teamwork and energy and our Board of Directors who offer constant support and balanced, sage guidance. They give us their time, knowledge and expertise with enthusiasm. Lisa Kingi-Bon CE
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TREASURER’S REPORT The December 2019 Financial Year was an outstanding result for the Foundation. We recorded a bottom line surplus of $484k, compared with a small loss in 2018. This result is on the back of a tremendous equity growth in the Foundation’s Investment Portfolio, extremely ably managed by JBWere. Booked (but not realised) growth in that portfolio was $531k, compared with an equity loss of $81k in 2018. The Foundation has a relatively conservative Investment Policy, requiring a large proportion of the total investment portfolio to be held in fixed interest bearing investments such as Bonds. So for the overall balance to have grown around 13.2% year on year, not including dividends and interest which are separately recorded at around 4.5% return on overall investment, is a remarkable effort. While Equity Markets throughout 2019 were indeed very buoyant, Tom Phillips and Bruce Robertson from JB Were are to be commended for outstanding professional stewardship of the Foundation’s funds. Of course as I have been saying for many years Investment Portfolios can go down as well as up (as happened in 2018 to a small extent) so while we will book this surplus, and have indeed crystallised some by realising a small portion of equity growth, we are mindful that each year we have no guarantee of continued growth. Therefore we need to treat most of the gain as inflation proofing our overall equity position. If we strip out the investment growth our day to day operations were a bit harder to balance. While expenses were carefully managed by Lisa and her team, It is getting
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harder and harder each year for management to raise funds from traditional sources, and indeed overall we were down around $60k in income from activities, gaming trusts, and donations on a relatively conservative budget. This is despite great effort from Lisa, Ben and the team. As a consequence we have engaged a professional Fundraising Agency Barrer and Co who have been working with Management and the Board to investigate and implement a major gifts and donations programme. This will be in its initial stages through 2020, with full implementation expected in 2021. In the meantime we remain ever grateful to NZ Rugby for its continued financial support through its $400k annual grant. This does give us some certainty of operation and enables us to meet our core purpose of providing support, comfort and financial assistance to the injured rugby players we look after. Given that our core purpose is in fact the Seriously Injured Players we support, once it became clear in the latter half of 2019 that our equity growth was substantial we did allocate an additional $80k of
funding for grants to injured players. This enabled us to meet some pressing Seriously Injured Players financial needs and still end the year with a healthy surplus and maintaining growth in our investment fund towards our holistic target of a $10m fund. So in summary an excellent year and one which has enabled us to support injured rugby players to the extent of total grants of $410,000, but one in which ongoing needs of generating sufficient income to meet all the needs that exist are becoming more challenging. A challenge that Management and the Board are facing together and one which we don’t intend not to meet. As always my thanks to my fellow Board colleagues for their commitment, to Lisa and staff for their continued dedication, and to Angela whose day to day accounting work makes the treasurer’s job so much easier.
M A Peters FCA TREASURER
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SERIOUSLY INJURED PLAYERS
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SERIOUSLY INJURED PLAYERS 1
Alan Pullar
1966
2
Bob Porter
1972
3
Chris Moran
1973
4
Bob Waldron
1973
5
Peter O’Flaherty
1973
6
Richard Smaill
1974
7
Tony Taylor
1974
8
Muir Templeton
1975
9
Jim Campbell
1975
10
Grant Sharman
1977
11
Richard Welsh
1979
12
John Mafileò (2nd injury 2017)
1979
13
Philip Wells
1979
14
Richard Hill
1979
15
Philip Spring
1979
16
Chris Riddell
1980
17
Trevor Clarke
1980
18
Stelios Meimaris
1980
19
Peter van Raalte
1980
20
Phil Rangitaawa
1982
21
Len Gee
1982
22
Geoff Cochrane
1983
23
David Wear
24
30
Ray Newland
1984
†
31
John Kaye
1984
†
32
Stuart Meek
1985
33
Grant Buchanan
1985
34
Alan Boyd
1986
35
Keith Jarvie
1986
36
Paul Johnston
1986
37
Ross Cameron
1987
38
Phillip Wharekawa
1987
39
Mike Girling-Butcher
1988
40
Charlton Harris
1988
41
Kerrin Tilley
1988
42
Robert Smith
1989
43
Gary McMurray
1989
44
Mark Scherer
1989
45
Iain Scott
1989
46
Neil Cudby
1990
†
47
Steve Bailey
1991
†
48
David Tai
1991
49
Mark Herron
1992
50
Gordon Gunther
1992
1983
51
Gerry Tinker
1992
Ross Ormsby
1984
52
Ronald Wilson
1993
25
Jim Algie
1984
53
Brad Hayward
1994
26
John Moananui
1984
54
Dougal Scott
1994
27
Clayton Stretch
1984
55
Wayne Forrest
1995
28
Bob Symon
1984
56
Dion Seeling
1995
29
Donald Corkill
1984
†
†
†
†
†
†
Footnote: When placed immediately before or after a person’s name, the dagger indicates that the person is deceased. †
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Tim Williams
1995
85
Hone Herewini
2008
58
Jason Solomon
1996
86
Bryce Clapham
2009
59
Craig Tibbitts
1996
87
Darryl Sabin
2009
60
Phillip Booth
1996
88
James Gourlay
2009
61
Wayne Chapman
1996
89
Robert Hewitt
2009
62
Matthew Muller
1998
90
Penisimani Moimoi
2009
63
Ben Larson
1999
91
Molimau Leeti
2009
64
Kerry Southee
1999
92
Joshua Maguire
2010
65
Dan Buckingham
1999
93
Scott Martlew
2010
66
Perenise Vaili
2000
94
Nick Blincoe
2010
67
Dayna Tiwha
2000
95
Raana Tangaere
2011
68
Nick Chisholm
2000
96
Austen Haig
2011
69
Sidney Ranapia
2000
97
Joel Tibble
2011
70
Kendall Akhurst
2000
98
Tausili Tuaimalo
2011
71
Kendrick Murray
2003
99
Cody Everson
2011
72
Vaughan de Groen
2003
100
Seti Tafua
2012
73
Nuuolaii Kepaoa
2003
101
Nat Manville
2014
74
Anaru Ese
2004
102
Sam Lawrence
2015
75
Malala Gaono
2005
103
Lui Te’o
2016
76
Scott McEwan
2005
104
Keenan Alexander
2016
77
David Thorne
2006
105
Braden Coates
2017
78
Jack McSweeney
2006
106
Ryan Roughan
2018
79
Nui Bartlett
2006
107
Jacob Fifita-Tovo
2018
80
Alex Dalzell
2006
108
John Cocker (2013)
2018
81
Fetu Ese
2006
109
Ta’u Latu (2017)
2018
82
Tainafi Lefono
2007
110
Sione Fifita (2011)
2019
83
Samuel Fanau
2008
111
Jonathan Maxwell (2002)
2019
84
Alan Mita
2008
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