HOPE worldwide (Australia) AGM th Aug 2017 Melbourne

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1 HOPE worldwide (Australia) AGM th Aug 2017 Melbourne

2 2017 AGM - Agenda Meeting Chair Welcome and Approval of minutes of last AGM Board Chairman s Report and Report on the Activities of the Company by Country Director Financial Reports: 2017 and 3 Year Outlook Election of Office Bearers Other Business if any Jun Pablo Mark Timlin Mark Timlin Louie Arcilla Mark Timlin Mark Timlin Date Issued: 11 August 2017

3 2017 AGM - Minutes of Last AGM for approval Meeting called pursuant to a resolution of the directors. Meeting opened 1:10pm Richard opened meeting with prayer 1. Approval of minutes of last AGM Carried unanimously 2. Report on the activities of the Company Graham Gumley read President report for AGM, please refer to website materials Mark Timlin presented an overview of the HOPE worldwide Australia's activities both in Australia and support for HOPE worldwide PNG. 3. Formal motions Motion 1: Appoint Saward Dawson as company auditors for next year instead of Pitcher Partners subject to necessary ASIC approvals. Motion carried on show of hands. Richard Parrot became chair of the meeting. Motion 2: Reappoint Graham Gumley as a director. Motion carried on show of hands. Graham Gumley resumed being chair of the meeting. Moption 3: Reappoint Kevin Roland as a director. Motion carried on show of hands. 6. Any Other Business Informal discussions. Meeting closed at 1:45 pm Board Chairman, HOPE worldwide Australia

2017 AGM Board Chairman s Report On behalf of the board of HOPE worldwide Australia, I would like to thank the members for their enthusiasm, service and support this year.

4 2017 AGM Board Chairman s Report On behalf of the board of HOPE worldwide Australia, I would like to thank the members for their enthusiasm, service and support this year. This year has seen a number of our transition activities progressed. There has been growing support for local, church-based programs through the leadership of the Congregational HOPE reps supported by their bimonthly conference calls. A major transition has been the completion of the administrative and financial oversight handover to HOPE worldwide PNG. Assisting the Board and administration of HOPE worldwide PNG has required a significant contribution by Wayne Merry who travelled to Port Moresby on 20 occasions since 2013 to train and refine accounting and record-keeping skills to the point where autonomy is more possible. We are grateful to Wayne for his skill and service and particularly to his family for their sacrificial support. Future support for programs in PNG would transition to those prioritising literacy and education. Greater auitonomy in PNG has allowed greater focus on Australian and New Zealand programs which have been strengthened by the work of the congregational HOPE Reps: Erik & Joy Lens Van Rijn and then James MCaulay (Brisbane), Wayne Thornton and then Melinda Smith (Goldcoast) Phil Bohringer and then Ricardo de la Costa (Sydney), Jo Donado and Alex Chong (Melbourne), Willem Hattingh (Perth), Rowan MaCaulay (Adelaide) and Duncan Wilson (New Zealand), Programs have included supporting sick children through entertainment nights, health and wellbeing programs for seniors, tution for refugees, food boxes for vulnerable groups, programs in mental health and support for the homeless. Following years of dedicated service, both on the board and as our Public Officer and financial controller Wayne Merry has completed his work and moved to a new business venture. We are particularly grateful to Wayne for the many tiring trips to PNG and the enthusiasm he brought to his work. We wish Wayne well in his new situation knowing that he remains a keen HOPE supporter and valued member of the Melbourne Congregation. Stepping in to the financial oversight has been Louie Arcilla, volunteering as our senior financial advisor with Shona Kholer engaged part time as our bookkeeper and administrator. As our organisation matures it is timely that a review of our goals and objectives, along with our measurable and virtual areas of progress and challenge, be reviewed and our new Board will plan to meet shortly to create a strategic plan to present to the membership for consideration. If you have recommendations or feelings for how we might serve the needy in a more righteous way please let us know your concerns and recommendations. We are grateful for the ongoing financial support from so many. Despite significant reduction in Church based financial support, the financial standing of HOPE worldwide Australia is stable over this year as will be noted in the financial report and reflected in the positive (unqualified) result from our audit this year. The Board of HOPE worldwide Australia continues to take its responsibilities both energetically and seriously. We thank those who have contributed to the Board and, in particular, to Kevin Roland and John Hancel who will be stepping down from Board responsibilities at this meeting. We trust they will continue to be strong HOPE supporters. No doubt their wisdom and experience will be called upon from time to time. Mark Timlin has, again this year, quietly and respectfully undertaken his role as Country Director. The Board is supportive of his continued focus on the development of local programs that will give Australian and NZ disciples encouragement and the ability to directly serve those in need. On behalf of the current active HOPE worldwide Australia Board members: Kevin Roland, Mike Fontenot, John Hancel and Jun Pablo may I present this brief overview of the activities of HOPE worldwide Australia. Board Chairman, HOPE worldwide Australia

The Call to Discipleship (Matt 4/Mark 1/Luke 5/John 1) Matt 4:18-23 As Jesus was walking beside the Sea of Galilee, he saw two brothers, Simon called Peter and his brother Andrew.

5 The Call to Discipleship (Matt 4/Mark 1/Luke 5/John 1) Matt 4:18-23 As Jesus was walking beside the Sea of Galilee, he saw two brothers, Simon called Peter and his brother Andrew. They were casting a net into the lake, for they were fishermen. Come, follow me, Jesus said, and I will send you out to fish for people. At once they left their nets and followed him. Jesus went throughout Galilee, teaching in their synagogues, proclaiming the good news of the kingdom, and healing every disease and sickness among the people.

HOPE Activities 2016-2017 SPA REGION: HOPE Aus Board of

Adelaide, Goldcoast, Brisbane, Auckland) HOPE Day of Giving-

6 HOPE Activities SPA REGION: HOPE Aus Board of Directors: 5 HOPE Reps: 8 (Melbourne x2, Sydney, Perth, Adelaide, Goldcoast, Brisbane, Auckland) HOPE Day of Giving- postponed till Sept/Oct Programs in Strategic plan: Face to face meeting Sept/Oct

7 Program Report: SPA REGION: Local Programs HOPE Aus HOPE Reps in each church, Conference calls Ideas, Reflection, New programs Consider supporting a group for Fiji/PNG?

Program Report PNG 2016-17 HOPE PNG: Developing financial

finance/admin through crisis recommendations Shifting to -

8 Program Report PNG HOPE PNG: Developing financial management Wayne Merry Support Took HOPE PNG finance/admin through crisis recommendations Shifting to - program based requests Shift to stronger Church-HOPE relationship

9 Program Report PNG 2017 HOPE PNG: Update Literacy program- a work in progress Kerry: needs assessment done in March 2017 Fund raising as part of HOPE Day of Giving Future plan: Church/HOPE land

10 Program Report June 2017 HOPE Youth Corps: Update 1. Global: 19 programs across 11 countries 2. Coordination- conference calls 3. Participants from SPA Churches 4. Scholarship fund 5. SPA Region: HYC Nz Dec 2018, Adelaide?

11 Program Report June 2017 The ministry of Jesus in serving the poor. To alleviate poverty, sickness, suffering and distress Your Vision? 1. What is your vision for HOPE worldwide Australia (what would you like to see happen in your local church in the next 5 years)? 2. Are there specific programs you think HOPE should be involved in locally and nationally? 3. How can HOPE worldwide Australia better support and partner with the SPA region churches?

12 Program Report June 2017 Any more questions. Contact Your HOPE Reps 1. Jo Donado and Alex Chong (Melbourne) 2. James MCaulay (Brisbane) 3. Melinda Smith (Gold coast) 4. Ricardo de la Costa (Sydney) 5. Willem Hattingh (Perth) 6. Rowan MaCaulay (Adelaide) 7. Duncan Wilson (New Zealand) Sign up as a HOPE Member application form is on the HOPE website, member page

2017 AGM Financials 2017 Results Audit of March 2017 accounts completed Unqualified audit report attached Balance Sheet: Net Assets (Assets less Liabilities), $40K ($45K LY); Cash balance, $73K ($61K

deductable receipt issued $46K or 25% from church donations (bag collection of which $17K is purely from day of giving made in April last year. $24K or 13% from HYC volunteer.

13 2017 AGM Financials 2017 Results Audit of March 2017 accounts completed Unqualified audit report attached Balance Sheet: Net Assets (Assets less Liabilities), $40K ($45K LY); Cash balance, $73K ($61K LY) Profit and Loss: Revenue, $182K; Expenses, $187K; Net Loss, ($5K) Donations Received - $182K $92K or 51% of receipts came from Private individuals an companies supporting the work of HOPE tax deductable receipt issued $46K or 25% from church donations (bag collection of which $17K is purely from day of giving made in April last year. $24K or 13% from HYC volunteer. Full amount is used to fund the HYC program Where Donations are Used - $187K $64K or 34% of expenses used on staff and travel costs which is needed to maintain the organisation and assess programs HOPE would be involve with $60K or 32% are directly used to fund programs including HYC $43K or 23% are Program support cost mainly for PNG (use of HOPE staff to help PNG) $20k or 11% use for other admin costs i.e audit, insurance, etc

14 2017 AGM Financials 3 Year Outlook 3 Year Financial Outlook Plan Private donations 85,000 90, ,000 Corporate donations 8,000 10,000 12,000 Church donations 65,000 70,000 72,000 Event fundraising 1,000 2,000 3,000 Other Income Total Operating Revenue 159, , ,000 Staff cost (34,019) (32,341) (33,958) Travel (fares, meal accom) (4,000) (5,500) (6,500) Audit fees (4,000) (4,000) (4,000) Insurance (4,200) (4,200) (4,200) Conference fees (1,500) (1,000) (1,500) Phone / Internet (1,500) (1,500) (1,500) Other expenses (3,900) (3,900) (3,900) Total Operating Expenses (53,119) (52,441) (55,558) Operating expense / Operating Revenue 33.4% 30.5% 29.7% Net Income 105, , ,442 Allocation: Short Term Program (73,140) (84,280) (93,500) Current Programs / Operating Revenue 46.0% 49.0% 50.0% Allocation: Long Term Program (26,860) (34,400) (37,400) Future Programs / Operating Revenue 20.0% 20.0% 20.0% Reasonable operating revenue growth Lesser operating expense as a percentage of revenue (from 33.4% to 29.7% in 2020 More fund allocated for short term and long term programs (from $100K in 2018 to $131K in 2020 More program means more volunteers needed to implement the programs Net Operating Income 5,

15 2017 AGM Election of Office Bearers The following directors are retiring and not standing for re-election: John Hancell Kevin Roland Director standing again for re-election: Mike Fontenot The following members are also standing for election: Willem Hattingh Winvie Mendoza

HOPE worldwide (Australia)

HOPE worldwide (Australia) Limited Consolidated Financial Report For the year ended 31 March 2016 Table of Contents Page Directors report 1 Auditor's independence declaration 5 Financial report Statement