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AGM 17 November 2009 & Audited Financial Statements

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Melbourne Community Foundation held its Annual General Meeting 17 November 2009.

The year's activities were briefly outlined, highlighting the year’s funds under management, investment performance and $2.5m in grants distributed to charitable organisations and projects.

2008-09 presented MCF with many challenges and Sarah Davies, CEO of MCF, provided an overview of the previous year's activites, MCF 2008-09.  

Over the past 12 months 224 grants were made totalling $2.5m.

27 new sub-funds and Gumnut accounts were established during 2008/09, bringing the total of MCF funds to 147. Donors contributed a total of $4.1m to funds during the year.

Ian McHutchison, the Chair of the MCF Finance Committee, outlined the role and responsibility of the Board, the Finance Committee and MCF’s investment managers in the management of MCF investments. 

Financial Statements 2008-09 (2.6mb pdf)

Financial Statements 2008-09 Main Fund only (pdf)

Dr Marion Frere, Deputy Director, from the McCaughey Centre at the University of Melbourne was guest speaker at the AGM. Marion spoke on the research undertaken by the McCaughy Centre which underpins the development of the latest phase of MCF's MacroMelbourne Initiative. Marion's speech can viewed here.

 

 

 

Last Updated ( Thursday, 26 November 2009 )