The Smith Family Annual Report 2021–22

At The Smith Family, we believe education is a powerful agent for change. We work with children, young people and their families to help them overcome educational inequality caused by poverty.

Our approach is simple. It starts in early childhood, when we work with a child’s family and community to build the foundational numeracy and literacy skills children need when they start school. Later, we ensure children have the everyday essentials and extra support that they need to succeed at school. If students go on to tertiary education, we provide them with additional support and mentoring to continue their studies and – eventually – take the fi rst steps in their chosen career.

To support children, we help parents, carers and communities to develop the confi dence and skills they need to engage with their child’s education and enable them to build important life skills.

Though our long-term, personalised educational approach we provide children and young people with access to practical, emotional and fi nancial support so they can harness education and use it to unlock their full potential.

OUR VISION A world where every child has the opportunity to change their future.

OUR PURPOSE To overcome educational inequality caused by poverty.

OUR BELIEF Education is one of the most powerful change agents.

VALUES Respect: We are caring. Integrity: We are ethical. Collaboration: We work together. Innovation: We are dynamic. Excellence: We strive for quality. Message from the Chairman and the Chief Executive Offi cer The Smith Family’s centenary The problem Our Five-Year Strategy Our approach Our progress Strategic priorities:

2 6 8 11 18 21

1. SCALE EFFECTIVELY 27 2. INNOVATE 37 3. ADVOCATE 41 4. FUND 45 5. DATA ENABLE AND DIGITISE 55 6. ENABLE HIGH PERFORMANCE 59

Corporate governance Financial summary Contact details 69 74 77

ACKNOWLEDGEMENT OF COUNTRY

The Smith Family pays respect to the Traditional Owners and Custodians of Country in the communities in which we work throughout Australia, and their connection to their lands, waters and communities. We pay respect to Aboriginal and Torres Strait Islander peoples and cultures, and to Elders past and present. We acknowledge Aboriginal and Torres Strait Islander peoples as Australia’s First Peoples and Custodians of the Land. We acknowledge that the land on which our workplaces are located are the lands of the Traditional Owners and Custodians of Country.