Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42 Page 43 Page 44 NEWSBOYS FOUNDATION ANNUAL REPORT 2016 27 Related party transactions Since the end of the previous financial year, no Director of the Board has received or become entitled to receive any benefit by reason of a contract made by the Foundation with the member, or a firm of which he/she is a member, or with a Company in which he/she has a substantial financial interest The Board has authority for planning, directing and controlling the activities of the Foundation. Subject to the above, no Director of the Board has received any remuneration. Auditor’s Independence Declaration A copy of the Auditor’s Independence Declaration as required under s60-40 of the Australian Charities and Not- for-profits Commission Act 2012 is included in page 28 of this financial report. Signed in accordance with a resolution of the Board of Directors of the Newsboys Foundation: Deryk Stephens Director, Newsboys Foundation Dated at Melbourne this 15th day of September 2016. NEWSBOYS FOUNDATION DIRECTORS’ REPORT