b'CHIEF EXECUTIVE OFFICERS REPORTNewsboys celebrated our 130th year in 2023 and we used the milestone as an opportunity to review theFoundations work.We wanted to ensure we remain aware of the emerging needs of young Victorians, as well as taking into account any new thinking that might make our work more impactful. John was instrumental in growing the corpus of the Foundation from $800,000 to just under $22 million, while The review was undertaken by Nick Placea business andalso allowing the Foundation to distribute aboutcommunications professional with a deep interest in the$20 million in grants.not-for-profit sector. Johns work meant that the Foundation was able to Nick spoke with organisations Newsboys supports,provide support to many community organisations that academics and bureaucrats. He examined governmentimproved life for thousands of young people throughout documents, ABS statistics and research reports. Victoria, particularly to assist those who came from The review showed where the need is strongest. disadvantaged backgrounds.Many rural and regional young people suffer more acutelyWe miss Johns considered and wise counsel and sense of from mental health issues, loneliness, accommodationhumour.shortages, displacement and other disadvantages. TheyIn September 2023 we welcomed Dr Omaru Maruatona also have less access to education and services. to the Board. Omaru is a cyber security and machine The review validated Newsboys current position when itlearning practitioner. We look forward to working with comes to giving. Newsboys is a very active philanthropicOmaru into the future.organisation, giving meaningful support to organisationsSandy Shaw making a genuine difference.12 October 2023A number of philanthropic organisations are now involved in system change, which includes long-term investmentThank youto address causes rather than symptoms.Some of Newsboys work already involves this approach,I am fortunate to be helped in my work by some with the bonus of providing the on-the-ground supportexceptional people. With special thanks to:young people need now while building proof-of-conceptNewsboys Foundation Board of Directors:models that demonstrate impact. Zich Zichy-Woinarski KC, ChairmanWe resolved in Board discussions to remain committed toPenny Campbell, Vice Chairmanfunding organisations across Victoria, with a focus on ruralMichelle Collins, Treasurer and Chairman of the Audit and regional, and priority given to youth mental health.CommitteeWe will also continue to provide multi-year grants andDavid Coombes, Director and pro-bono legal supportwork in partnership with other funders and philanthropicClementine Hay, Directororganisations.Jeff Olsen, DirectorAnn Robinson, DirectorNewsboys remains grateful for our ongoing partnershipRupert Sherwood, Directorwith the Gruppetto Fund and the Funds significantDeryk Stephens, Directordonation to the Newsboys Foundation Trust. With theNewsboys Foundation Team:Gruppetto Fund donation we were able to provide a grantKerrie Bradburn, MK Bradburn Contracting P/Lto Boys to the Bush for the establishment of a base inJennifer Edwards, Accountant, Accountive Echuca-Moama. Seamus Bradley, Communications and MediaPhilip Campbell, Philip Campbell DesignNewsboys honours the late John (Jack) Warner whoNick Place, Noisy Boy Mediapassed away on 31 March 2023. Meredith OShea, PhotographerMiguel Rios, VideographerJohn was a valued member of the Newsboys FoundationIan Warner, Stockbroker, Ord MinnettBoard for 42 years. He was a caring and true gentleman whoSimon Hourigan and Dominique Leung, Hourigan Partners demonstrated outstanding foresight, acumen, financialGina Fiske, Newsboys Foundation Volunteerinsight, good will, understanding and great humour.NEWSBOYS FOUNDATION ANNUAL REPORT 20233'