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King’s College Foundation Annual Report2019

It was fantastic to see some of our

Foundation Members attend the Foundation Cocktails event before

watching the 2019 Glee Club’s performance of

Our House.

Foundation Annual Report 2019 1

Foundation Annual Report 20192

The idea is to develop leading-edge infrastructure and learning opportunities for our students.

With that in mind, we are able to provide funding to get this Next Horizon campaign under way.

The building blocks have been firmly established and 2020 will mark the beginning of the active phase.

The past Board of Governors’ Chairman Ross Green (Selwyn, 1968–72) is leading this campaign and has current Foundation Board Members Peter Wilson, Carrie Hobson and Liz Young among his Campaign Cabinet.

I would like to take this opportunity to acknowledge the work of Robert Brooke, the Campaign Development Manager. He has done, and continues to do, a mountain of work quietly behind the scenes.

Scholarship support

We continue to support scholarships and bursaries for students and teachers’ curricular development as well as fund various requests from sporting teams and musical groups.

The advantage of a strong roll (which currently stands at about 1,100) is that there is a reduced

demand for scholarship assistance for students. From 2020 the amount the Foundation pledges to this area will start to significantly reduce from where it was four or five years ago.

The year 2020 marks the 40th anniversary of the arrival of female students at the College in 1980.

As there is no specific scholarship open only to prospective female students, this could be an appropriate time to mark the substantial contribution young women have made to the College in the form of an annual scholarship.

Investment fundThe roller coaster ride that has been our Investment Fund enjoyed a significant rise in 2019, as the markets around the world rebounded from the grim days of 2018.

Our Fund returned a net 17.31% and the balance at 31 December was $26,063,145.

This year we distributed $2,639,000 to the College.

The pleasing aspect of a successful year means all our individual funds are able to grow by our allotted 2%.

As I write this report, the COVID-19 virus is having an impact on world markets. Only time will tell to what degree this impacts on investment markets and our Fund.

From the President

The 2019 Annual Giving campaign continued our regular giving to several

key funds. In 2020 money raised for the Chapel Photography archive project will help to preserve and safeguard detailed

architectural imagery of the Memorial Chapel.

I am pleased to present my President’s report for the year ended 2019.

Last year, I noted that 2020 would see the Foundation focus its efforts on supporting the College’s capital campaign – or, as it is known, the Next Horizon project, which is part of the much larger Master Property Plan the College is putting together.


Successful functionsThe hosting of functions by our Foundation Members is always a highlight of the year for me.

The opening-night cocktails before the Glee Club’s performance of Our House was well attended. Glee Club performances are always polished and enjoyable, and this was no exception.

Glee Club nights showcase the amazing talent within King’s College. It is produced and performed in just three months.

The other event we host is our annual Donors’ function, held last year on the premises of one of the College’s major sponsors Archibald & Shorter, who support the College through its Land Rover and Jaguar premium brands.

We had two outstanding student speakers, Levi Uluakiahoia (School House) and Thomas Clarkson (Major). Both young men were scholarship recipients and achieved fine results over their time at King’s.

Their speeches were a credit to both them and the College, and they made clear to all present the benefit of having had a King’s education, assisted by our scholarship funding.

AcknowledgementsThe Investment Committee is very fortunate to have had Andy Morris at the helm. This year the markets were in our favour and such outstanding double-digit returns may not be repeated for some time.

The respective fund managers are invited to speak to the committee at least once a year at the quarterly meetings so it can continue to assess their management style and procedures.

I would like to acknowledge the other Investment Committee members – Peter Clarke, James Ring, Peter Wilson and James Mitchell – for their contribution throughout the year.

The Foundation is tremendously well served by the very capable Jeanette Paine in her role as Director of Marketing and Development. She is closely involved with the Next Horizon campaign also.

Paul Chapman is Director of Commercial Services and his services involving the Foundation and Investment Committee are much appreciated.

My final thank you is to the Foundation Board Members – Simon Power, Peter Wilson, Andy Morris, Carrie Hobson, Murray Reid and Liz Young. They willingly give of their time and knowledge to attend not only our meetings but many other functions around the College.

Anniversary plansIn 2020, the Foundation will celebrate its 40th Anniversary. It was formally established by the Board of Governors in September 1980.

The Foundation was designed as a means of providing a fund so King’s could support itself as an independent school, should it fall on hard times.

If social distancing permits, we are looking at a special gathering to acknowledge this milestone in early August and more details will be provided on this.

The Next Horizon campaign will be the major focus in 2020 and we will be giving Chairman Ross Green and his team all the support we can.

Virtus Pollet.

Richard Kidd PRESIDENT


Scholarship fund supports promising performing artists and scholar

Excerpt from presentation at Donors’ function held on 14 November 2019 at Archibald & Shorter, Jaguar Showroom, Great South Road in Greenlane. Following his address, Tom Clarkson (Major, 2015–19) sang An Die Musik.

Good evening everyone. My name is Tom Clarkson and I am currently a Year 13 student in Major House. My family has had a brief history with King’s as my mother was in one of the first intakes of girls at King’s, finishing in 1982. Because of this, I was eligible for the KCOCA Scholarship Bursary, which I was lucky enough to receive.

I began at King’s College as a small Year 9 student with big dreams. I had so many opportunities and I just wanted to take every single one. Ever since I was a child, a big part of me was music. This was because my father was a drummer in a band in the ’80s called

The Narcs and he influenced my music taste a lot. From a young age, I learnt how to play just about every instrument at school and at home. I spent a lot of my free time doing so. My dad would always support me in this way as he was such a believer in the wonders that music can do to heal you. This led me to do as much music at King’s that my free time would allow. I joined all three choirs and ended up being in four bands throughout my five years here. I loved every single minute of it and this year ended with such a high.

Firstly, we had two choirs go to national Big Sing events this year: Kappella

going to Rotorua for the National Cadenza and All the King’s Men going to Dunedin for the infamous National Finale. Both choirs did extremely well with Kappella getting the top award and All the King’s Men getting a silver award, the best we have done in a long time. The Burtones had two international tours this year, one in January to Japan and one in July to Melbourne. Both were a lot of fun and we got to share our music with people all over the world, which was a great privilege. This year, I have done a lot of travelling with the school, purely just for music, and I am so grateful to be a part of such a growing and thriving programme. I look forward


Our Foundation Board of Management

The control, management and conduct of the affairs of our Foundation are vested in the Foundation Board of Management.

The Board of Management comprises:

• Four persons, each being a Member of the Foundation in any class of membership, appointed by the King’s College Board of Governors. The 2019 Members are Richard Kidd, Peter Wilson, Liz Young and Simon Power.

• Three persons who are members in any class of membership elected by the Members. Current Members are Andy Morris, Murray Reid and Carrie Hobson.

• The Headmaster of the College as an ex-officio member of the Board of Management. The Foundation Board of Management meets formally every two months to review overall progress on the goals of the Foundation. The Director of Marketing and Development and the Director of Commercial Services of the College attend the Foundation Board meetings.

For information on the Deed of the Foundation, please go to www.kingscollege.school.nz/support-kings/ kings-college-foundation/our-deed

to the wonders that the department will achieve under Emma Featherstone and the new Performing Arts Centre going in.

I have also been heavily invested in water polo and hockey. I spent three years in the Premier water polo team where we achieved two top 10 finishes at Nationals and three top 10 finishes at the Trans-Tasman Tournament. Although I was very passionate about my sport, I was more passionate about my music, so this year I focused more on that and I am so happy with how it turned out. I got to perform I Don’t Like Mondays in front of Sir Bob Geldof at the Playing It Strange event in September, receiving a standing ovation from him and getting to shake his hand afterwards. On top of this, I made it into the New Zealand Secondary Schools’ Choir. We are heading off to Germany in April next year for our Biannual International Tour, which I am looking forward to greatly. King’s has offered me so many opportunities like these and I wanted to say thank you to my scholarship donors for the best opportunity of all – shaping my future.

I plan to study engineering at Monash University in Melbourne in 2020 and I could not have had such dreams without the support of my scholarship donors. I look to still keep music a big part of my life, looking to join choirs and hopefully the New Zealand Youth Choir. I have grown so much from that small Year 9 boy with big dreams as those big dreams seem to be coming true. Thank you to everyone from the Friends and in particular former KCOCA President Mr Terry Gould for allowing me to grow and achieve those dreams; I am so grateful for every opportunity.

Now he knows that when doing anything, if it comes from passion, he’s

going to be successful.— Julie Ah Chee (Major, 1982).


The name Julie Ah Chee (Major, 1982) will sound familiar to many Old Collegians. Julie was the first female athletics champion at King’s College in 1982, establishing the Julie Ah Chee Trophy for athletics.Julie is modest about how her name became engraved on the front of the now highly coveted trophy. “When I won the athletics championship, there was no cup. There were cups for everyone else but not the girls, because we were so new. As one of the first girls with full colours in athletics, I was allowed to choose what the girls would get, but I was understated and said we didn’t want a blazer, just a tie. Then I thought: hang on – girls are making a

statement here. Let’s give them a nice big cup to recognise that there are top female athletes who come to King’s and let them be winners on a podium like they would at the schools they left behind.”

Julie’s son Thomas Clarkson (Major, 2015–19) graduated last year and while he didn’t follow his mother’s track to athletic glory, he made the most of an Old Collegian Scholarship to have an impact on various extracurricular activities. Thomas appreciated his opportunities at the College and the added motivation of his mother’s achievements. “The scholarship helped with the financial side but it also made me want to achieve in all different areas. Sometimes, I’d forget that Mum came here and then I’d see her trophy and I’d think ‘wow, that’s my mum’. It motivated me, and was the reason I wanted to do extracurriculars. Seeing that legacy made me want to leave something in case, one day, I send my kids here as well.”

Julie was always present in name at the school, but saw the value of a light

approach when guiding Thomas as a mother. “I decided I would be a hands-off parent. You need to let them find their own way in sport, music or academics. When he didn’t need to do sport anymore, he grew into his own person. Now he knows that when doing anything, if it comes from passion, he’s going to be successful.”

Thomas is moving across the Tasman to continue his education and is taking lessons learnt inside and out of the King’s College classrooms. “I’m heading to Melbourne to study engineering at the Royal Melbourne Institute of Technology, which is a big change but King’s has prepared me well. I’ve learnt how to learn by myself and that’s one thing I’m very grateful for. It’s also taught me what to keep in high value and Mum reinforces that a lot; when you go anywhere you keep a nice appearance and treat others with respect.”

As an early female student, Julie’s challenges went beyond an absent athletics cup. “The girls now are just part of the

1982 girls (Julie, front row, third from right).


school; they slot straight in. But we were an anomaly and it was hard for the girls then. You were on show all the time, but what it did was strengthen us; you learnt how to hold yourself. It was tough but it was rewarding. And it was worth it.”

What does Julie think is different for female school leavers today? “Thomas has many friends from here who are girls and they’ve learnt that it’s not all about earning the most money or having the best degrees: it’s about being happy in yourself and having balance in your life. Being able to go on and be successful, whether it be singing or being a doctor or a mum at home. I can see that King’s has brought them balance which it probably didn’t have when I started. It was very male dominated.”

As Thomas begins the next chapter of his life in Melbourne and Julie’s legacy lives on at King’s College, they’ll always have the successes of their contrasting schooling experiences to share.


The campaign has three key marquee projects, as part of the overarching Master Property Plan for the College – completing the planned new Performing Arts Centre; the proposed new Health and Wellbeing Centre; and completing the redevelopment of the Old Collegians Pavilion.

In addition, new academic scholarships and support funds for teaching staff, endowed permanently with the King’s College Foundation, will offer fresh openings and opportunities which have previously been unavailable.

These elements have been prioritised for the significance they will have on current and future students. This has very much been seen as a moment in history, when the King’s College community, as it has in the past, will come together to generously support a programme that changes the possibilities for our students.

The raising of funds got off to a strong start, with a philanthropic pledged gift of $8 million from Mike Flanagan (Peart,

1951–55) specifically towards the Performing Arts Centre.

Off the back of that, the campaign secured further pledged gifts of $7 million from four lead donors. The King’s College Foundation has received over $8 million so far.

The recent health and economic impact from the COVID-19 crisis has caused the Next Horizon campaign team to carefully review plans and actions. It has been acknowledged that in times of uncertainty it is difficult for King’s supporters to plan with confidence how they might best support such a historical and important campaign. While some campaign activities have been paused, the all-embracing aims for this campaign have not been altered. The vision and determination to deliver something truly outstanding that will serve students, staff and the King’s community incredibly well for many decades to come have not changed.

The lead donor contributions and pledges already made to the Next Horizon campaign

have been remarkable. Despite the current disruption of economic turmoil and international uncertainty, this campaign is heralding an unparalleled level of generous giving for major initiatives that will serve King’s College well for decades ahead.

Campaign Chairman Ross Green (Selwyn, 1968–72) said that while the timeframes for the campaign will need to be adjusted the College cannot stand still.

“We all came to King’s and inherited a school built by previous generations.

“A school that was fit for purpose 50 years ago is not fit for purpose today.

“Previous generations created what we found. We need to improve it before we hand it onto successive generations. Each generation must take its turn and we have an obligation.”

Steps taken so far by the Foundation – which is not a building fund and can’t be accessed for that purpose – include:

NEXT HORIZON

A transformational plan to reshape the future of the community we share.

In 2019 the College began preparation for the Next Horizon capital campaign with the first stage of development to help push King’s College into a new era of education.


• Engaging Clive Pedley from Giving Architects to design and deliver a capital campaign to inspire significant giving

• Supporting a dedicated Development Manager in Robert Brooke from within the College, assisted by Campaign Development Facilitator, Sue Stanaway

• Supporting a part-time researcher

• Development of campaign collateral for the project to assist as a key communications tool in continuing discussions with donors, along with communications further down the line.

Headmaster Simon Lamb is clear on what the campaign means for the College.

“The Next Horizon campaign has at the heart of its intentions the need to prepare King’s College for a dynamic future.

“This campaign will further, develop and expand the offer King’s College makes to its current and future students.

“The ambition and scope of what is being planned is extensive. There is a focus on improving the student experience and building on the already substantive global reputation of King’s College graduates.”

Significant donor support will be required to fulfil the Next Horizon objectives. Conversations are under way with prospective contributors.

Ross Green is clear on what this campaign means for King’s College.

“I believe this campaign will be absolutely defining in terms of the future of King’s College. It’s the turn of this generation to ensure the College remains an educational leader in the next 100 years of our proud history.”

Artist’s Impression – New Performing Arts Centre, view from Hospital Road.

The Next Horizon Campaign Cabinet:

Ross Green (Campaign Chair, Selwyn, 1968–72, past parent)

Simon Lamb (Headmaster)

Peter Wilson ONZM (School, 1952–56, Foundation Board of Management, former KCOCA President and Floreat Semper, past parent and grandparent)

Carrie Hobson (Foundation Board of Management, past parent)

Peter Clarke (Foundation Investment Committee, past parent)

Vicki St John (past parent)

David McConnell (School, 1979–83, former member of Board of Governors, current parent)

Liz Young (Foundation Board of Management, past parent)

Paul HainesTeacher of Physics, Head of Academic Achievement and timetabling.

Paul Haines combined his religious interests with his fascination with Swiss railways when he completed his Margaret Myers Fellowship grant in 2019.Paul, who has been teaching at King’s College for 20 years, took time off through the holidays and Term 4 last year.

An ordained Anglican priest since mid-2018, he was keen to visit the Holy Land as part of his trip, but was also able to indulge

his interest in science and his passion for railways.

Accompanied by his wife, Carol, Paul – who, in addition to being a physics teacher, is head of academic achievement and timetabling at the College – said it proved to be the trip of a lifetime.

After landing in Singapore and visiting the Science Centre there, they had three days in Switzerland taking the Glacier Express from St Moritz to Zermatt, then, for a change of scene and temperature, flew to Israel for a 16-day tour, arriving in Tel Aviv.

By chance, their arrival coincided with the start of Yom Kippur, the holiest day of the year in Judaism. It has atonement and repentance as its central pillars.

It also meant effectively the temporary shutting down of the country.

“It was eerie seeing the arrivals board at the airport emptying, no cars on the road, no shops open. That made it difficult and we had salad for dinner and for lunch the next day,” Paul quipped.

The Haines were travelling on a trip organised by Pilgrim Tours, and had two Canadians and a group of Americans for company during the trip, which was called the Tour of Holy Land and Steps of Paul the Apostle.

From Tel Aviv they headed north to Galilee. It was, Paul reflected, “quite a special time”.

They visited the Golan Heights, one of the most significant pieces of land in the contested Middle East region.


Margaret Myers Fellowship Fund

This Fellowship fund was set up by the late Sir Douglas Myers (School, 1952-56) in memory of his mother, who had a deep interest in education. Since 2001, a total of 34 teaching staff have taken part in the fellowship programme, travelling around the world visiting leading education institutions gaining new knowledge in their subject areas of expertise.

The Margaret Myers teaching fellowships are awarded annually to enable King’s College teachers to attend study courses at overseas institutions. In addition, funding is made available to enable outstanding educationalists to attend the College to conduct seminars, lectures and workshops for staff, students and the wider King’s community.

They took in the source of the Jordan River, which holds great historical importance in both Christianity and Judaism. The Bible says that is where the Israelites crossed into the Promised Land, and that Jesus of Nazareth was baptised by John the Baptist in it.

They visited Tiberias on the western shores of the Sea of Galilee, while Capernaum, 16km north, is known as the area where Jesus reputedly chose his 12 disciples.

Capernaum is the site of St Peter’s house where Jesus is thought to have lived and is mentioned more than 50 times in the New Testament.

“It was quite special to think that was the area Jesus would have spent most of his time during his ministry.”

The Haines enjoyed a boat ride on the Sea of Galilee from Tiberias, and ate freshwater fish out of the lake. This fish was called tilapia, and would have been the same type of fish caught by the likes of the disciples Peter and Andrew, who were fishermen.

They visited Nazareth and a model village that was set up to replicate life in the time of Jesus. They also got caught up in a traffic jam caused by a Palestinian wedding celebration together with AK47s being fired into the air.

Among the highlights in Jerusalem were visiting the famous Western Wall of the temple, where Jews pray and insert prayers into the wall, and being there in time for the Feast of the Tabernacles, where Jews make temporary shelters or booths where they eat many of their meals and sometimes stay overnight.

“The Wall was absolutely full of Jewish people going through their worship. Jerusalem was incredibly busy because of the feast,” Paul said. “The Wall was part of the Temple Mount upon which the temple at the time of Jesus had been built and was quite amazing.

“Before entering Jerusalem we stood on the Mount of Olives to gain a view over the city and below us was the road Jesus would have travelled along into Jerusalem. The whole experience was quite moving.”

From Israel, the Haines visited Turkey, and Ephesus and its ruins. Ephesus is notable for being a major historical site, a place visited by Paul and the place to whom St Paul wrote his letter to the Ephesians. It was a very impressive site.

The couple travelled by ship to Patmos, then onto Heraklion in Crete, the picturesque island of Santorini and Athens.

They stopped at Corinth, where Paul had spent some time and to whom Paul wrote his letters to the Corinthians. There was time to visit the famous Acropolis and

Mars Hill, also known as Areopagus, a bare marble hill alongside it. It’s a popular tourist destination as it is where St Paul is said to have made a speech to an audience of interested listeners.

After flying to Rome, the Haines took a train to Assisi in central Italy, which had long been on their bucket list.

One memorable excursion had the Haines walk 4km up the hill above Assisi to where St Francis and his followers lived in caves on Mt Subasio. They had the chance to sit and pray in one of those caves.

“There was a huge contrast to me where you have that level of privation that St Francis would have experienced against the big, flash churches in Assisi.”

“St Francis was all about the simple way of life. It was quite a contrast,” Paul said.

There was still time for a trip on the splendid Bernina Express from Tirano to St Moritz then onto Chur at the end of the line. The train ride has UNESCO World Heritage status, and for a train buff is a true thrill.

The railway is the highest across the Alps, a link between northern and southern Europe, and negotiates 55 tunnels, 196 bridges and sharp inclines, reaching 2,253m above sea level.

A visit to the Swiss Science Centre, or Technorama, near Zurich rounded the trip off nicely.

“It broadens one’s depth of understanding and experience where you can share things from a greater base of knowledge,” Paul said.

“There were about 500 hands-on exhibits. We went on a Sunday and the place was absolutely chokka, full of families experiencing science,” Paul said.

It also marked the end of a fascinating trip and one which will live on in the Haines’ memory.



The annual return of the Fund for the period ending 31 December 2019 was 17.31%.

This positive investment performance was a welcomed response to that from the mildly negative return generated in 2018. Consequently, the Fund increased its underlying value year-on-year by $2.975 million.

The total value of the Fund as at 31 December was $26.063 million.

The capital allocation across the Fund by way of Asset Class and Investment Manager as at year-end was:

Asset class % Manager

Australasian Equities 30.29% Milford and Devon

Global Equities 32.00% Russell

Australasian Bonds 18.28% Russell / Milford

Global Bonds 13.76% Russell / Kapstream

Diversifiers 5.67% Mercers

The Investment Committee is appointed by the Board of Management and is responsible for overseeing the administration of the Trust Fund (“Fund”).

Please note that the above table does not include any cash holdings in the Fund. This annual report is focused only on highlighting the Fund’s active asset and investment manager allocations and their related performance.

Overall, the managers selected to oversee the Fund’s capital have continued to perform well in accordance with their individual mandates. For a number of years now a very open, transparent and accountable relationship has developed between the managers and the committee.

In terms of ensuring the Fund has a strong manager reserve bench, the committee engages with other external managers so that if there is a requirement to change managers, due to underlying performance or a change in key personnel, there are appropriate backups.

In terms of 2019, markets and asset prices internationally had a very strong year. This strength was primarily driven by global central banks cutting interest rates at the fastest pace since 2009. Direct beneficiaries of these rate cuts were bonds, which in itself had an indirect and very positive effect on shares as investors moved up the risk curve as well as searching for higher-yielding assets. Reduced uncertainty around the subsiding trade wars as well as positive Brexit negotiations helped fuel investor confidence also.

Looking into 2020, markets appear at best to be fully priced and at worst, expensive. There are a number of key political elections coming up later in the year, which, combined with the possibility of renewed trade wars, ongoing geopolitical tensions and expensive markets, could result in a more volatile and low-returning year.

Balanced Funds such as the King’s Fund have on average performed consistently well for nearly 40 years, even during economic and market crises. This long-term positive performance is primarily due to

a sustained period of falling interest rates, falling inflation, increased globalisation, a supercharged credit cycle and active central bank intervention, especially when there is any financial market distress that could destabilise mainstream economies.

This golden period for traditional balanced funds may well be coming to an end as interest rates around the world head to zero and even negative, as they are already in some countries. Stagnant growth, excessive global debt and increasing nationalism may weigh heavily on both the equity and credit markets.

The Investment Committee remains wary of the ever-changing economic and investment landscape and is regularly reviewing and challenging the investment status quo. This is very important as the aim of the Foundation is to achieve a 4.5% distribution to the College so as to assist with scholarships and bursaries. A further 2%, if warranted, can be distributed towards the capital growth of each of the respective Endowment Funds.

On a personal note, I would like to thank the members of the Investment Committee (James Ring, Peter Wilson, Richard Kidd, Peter Clarke and James Mitchell) as well as Paul Chapman. It has been an absolute pleasure and honour to have worked with you over the last few years. Your commitment and dedication to ensuring the Fund achieves its vision and creating consistent capital growth and income have been unwavering.

Virtus Pollet.

Andy Morris CHAIRMAN OF THE INVESTMENT COMMITTEE

Investment Committee’s Report


James MitchellJames is an Old Collegian (Marsden, 1973–77), and has 30 years of banking and financial services experience, most recently as Chief Operating Officer at Heartland Bank and prior to that working for ANZ and ASB Bank.

His executive responsibilities at Heartland and ASB over a 16–year period have covered Business Banking, Corporate Banking, Rural Banking, Investment and Insurance Services, Operations and IT.

James is now working as a consultant.

In addition to Foundation Board of Management Members Richard Kidd, Andy Morris, Peter Wilson and Simon Power, our Investment Committee comprises three external members:

James RingJames is an Old Collegian (St John’s, 1973–77), and has had extensive experience in the funds management industry spanning 30 years. He is currently Investment Manager – International Equities at QuayStreet Asset Management Ltd, based in Sydney.

Prior to this he was Investment Manager at Rank Group, managing their US group’s pension funds where he was responsible for asset allocation and global equities. James holds a Bachelor of Commerce (Agricultural Economics) and is a member of INFINZ.

Peter ClarkePeter has more than 25 years of financial markets experience, having worked in New Zealand, Spain, Australia and Singapore. He retired from full-time employment in 2010 after spending the previous 16 years with Deutsche Bank/Bankers Trust. The last nine years of this time were spent with Deutsche Bank in Singapore where he focused on the Asian Fixed Income, Credit and Foreign Exchange markets.

Peter is currently based in Auckland where he is a director of two investment vehicles. He also works as a sales consultant within the financial markets. Peter holds Bachelor degrees in Science and Commerce from the University of Auckland, and is a member of the NZ Institute of Chartered Accountants.

Peter and his wife Veronica have two children. Their eldest, Sam, attended King’s College (Marsden) from 2010 to 2014.

Our Investment Committee


Statement of Comprehensive Revenue and ExpensesFor the year ended 31 December 2019

2019 2018$ $

Revenue from non-exchange transactions

Donations - Preserved Capital Fund 3,000 53,000

Donations - Scholarships and Bursaries 241,700 486,772

Donations - Other Endowment Funds 30,220 5,680

Donations - Special Purpose Funds 4,546,594 551,535

4,821,514 1,096,987

Revenue from exchange transactions

Gain/(loss) on revaluation of investments 3,975,635 (619,673)

Finance income 4,694 8,169

3,980,329 (611,504)

Total revenue 8,801,843 485,483

Expenses

Grants - Preserved Capital Fund – –

Grants - Scholarship and Bursaries 676,292 662,728

Grants - Other Endowment Funds 108,874 79,118

Grants - Special Purpose Funds 1,854,288 194,095

Audit fees 8,372 7,778

Sundry expenses 26,072 19,388

Total expenses 2,673,898 963,107

Total surplus/(deficit) for the year 6,127,945 (477,624)

Other comprehensive revenue and expenses – –

Total comprehensive revenue and expenses 6,127,945 (477,624)

Statement of Changes in Net AssetsFor the year ended 31 December 2019

2019 2018$ $

Equity at start of the year 23,748,508 24,226,132

Total comprehensive revenue and expenses for the year 6,127,945 (477,624)

Equity at end of the year 29,876,453 23,748,508

Summary Financial Statements


Statement of Financial PositionAs at 31 December 2019

2019 2018

$ $

Equity 29,876,453 23,748,508

Non-current assets

Investments 26,063,145 23,087,515

Current assets

Cash and deposits 4,137,761 723,243

Interest receivable 161 207

4,137,922 723,450

Total assets 30,201,067 23,810,965

Current liabilities

Accounts payable 324,614 62,457

Total liabilities 324,614 62,457

Net assets 29,876,453 23,748,508

Statement of Cash FlowsFor the year ended 31 December 2019

2019 2018$ $

Cash flows from operating activities

Receipts from:

Donations 4,821,516 1,096,987

Interest and dividends 4,538 8,169

Payments for:

Grants (2,394,296) (970,302)

Suppliers (17,240) (27,166)

Net cash inflow/(outflow) from operating activities 2,414,518 107,688

Cash flows from investing activities

Receipts from:

Disposal of investments at fair value through surplus or deficit 1,000,000 –

Payments for:

Acquisition of investments at fair value through surplus or deficit – –

Net cash inflow/(outflow) from investing activities 1,000,000 –

Net increase/(decrease) in cash and cash equivalents 3,414,518 107,688

Cash and cash equivalents at the beginning of the year 723,243 615,555

Cash and cash equivalents at the end of the year 4,137,761 723,243

The summary financial statements of King’s College Foundation (“the Foundation”) have been prepared in accordance with the accounting standard PBE FRS 43 and extracted from the Foundation’s full financial statements. These have been prepared in order to provide interested persons with a succinct overview of the past financial performance of the Foundation and do not include all the disclosures in the full financial statements and therefore cannot be expected to provide as complete an understanding as provided by the full financial statements.

The Foundation’s full financial statements for this period have been prepared using Public Benefit Entity International Public Sector Accounting Standards Reduced Disclosure Regime (PBE IPSAS (RDR)). These were approved by the Foundation’s Board of Management on 20 May 2020. They are available on King’s College’s website www.kingscollege.school.nz. The full financial statements were audited by BDO Auckland, who issued an unqualified audit opinion.


Trust FundThe Trust Fund consists of the following:

Fund Balance $

Donations During Year

$

Investment Returns

$

Allocations and Reclassifications

$Payments

$Fund Balance

$

Includes Distributable

Income $

31/12/2018 31/12/2019 31/12/2019

Preserved Capital Fund 6,900,952 3,000 1,057,540 (25,568) – 7,935,924 1,009,496

Capital Endowment Fund:

Scholarship and Bursary FundsGeneral Scholarships and Bursaries 1,823,908 3,200 280,266 25,568 (269,356) 1,863,587 –

KCOCA Scholarships and Bursaries 2,930,423 100,000 450,147 – (111,391) 3,369,179 610,784

Lilian Alexander Stride Bursaries 1,897,944 – 284,407 – (65,600) 2,116,751 538,527

Endeavour Scholarships 668,076 – 98,579 – – 766,655 289,271

Phil Ryall Bursary 365,664 – 54,827 – (17,649) 402,842 97,118

Peter Wilson Boarding Scholarships 1,339,751 – 205,567 – (65,200) 1,480,118 120,980

James Webster Memorial Scholarship 220,452 – 33,185 – (7,563) 246,074 55,108

Dr Roger Bartley Memorial Fund 147,907 – 22,440 – (5,217) 165,130 28,081

William Thode Memorial Scholarship 216,863 1,000 33,091 – (7,319) 243,635 35,406

Ian Kirkpatrick Rugby Scholarship 96,658 – 14,644 – (3,831) 107,471 18,931

Bradley Fenner Scholarship 456,654 – 70,117 – (19,560) 507,211 41,424

Bryne Thomas Scholarship 119,152 – 18,295 – (5,268) 132,179 10,644

The Rollin Bates Academic Scholarship 464,894 – 71,382 – (28,065) 508,212 34,019

Mark and Angela Clatworthy Boarding Scholarship 92,110 137,500 23,324 – (65,200) 187,734 –

Warne Rowllings Memorial Scholarship 318,234 – 48,863 – (5,076) 362,022 37,423

11,158,692 241,700 1,709,135 25,568 (676,295) 12,458,801 1,917,716

Other Endowment FundsMargaret Myers Fellowships 3,059,248 – 454,390 – (63,789) 3,449,850 1,111,895

Sibson Trust 230,391 – 34,512 – (5,000) 259,903 68,962

JB Luncheon 1,728 1,000 332 – (504) 2,556 –

Positive Education 115,396 5,000 18,032 – – 138,428 16,748

Cultural Excellence 236,071 1,700 35,687 – – 273,457 65,363

Sporting Excellence 381,776 1,050 57,328 – – 440,155 119,144

Academic Excellence 23,623 5,900 3,939 – – 33,463 7,645

Rolf Porter Rowing Fund 523,473 15,570 80,526 – (35,482) 584,087 79,992

John Renshaw Memorial Prize 8,575 – 1,272 – – 9,847 3,360

Bruce Rhodes Maxwell Memorial Sun Dial 64,708 – 9,735 – (4,099) 70,344 14,565

Damapong Commerce Fund 20,414 – 3,087 – – 23,501 5,100

King's College Trust 27,104 – 4,099 – – 31,203 6,771

4,692,508 30,220 702,939 – (108,874) 5,316,793 1,499,546

Special Purpose FundsCapital Projects 8,666 – 1,331 – – 9,997 –

KCOCA Chapel Preservation 74,268 – 11,404 – (513) 85,159 –

KCOCA Discretionary 297,673 – 45,706 – – 343,379 –

King's College Cricket Club 33,978 – 5,217 – (11,173) 28,023 –

Peter Barton Cricket Scholarship (non-endowment)

38,187 – 5,864 – (15,217) 28,834 –

Helping Hand Fund 41,650 3,075 6,600 – (516) 50,809 –

Rugby Support Fund 6,812 500 1,079 – – 8,392 –

Chapel Fund 7,254 5,710 1,495 – – 14,459 –

New PE Facility/Aquatic Centre 21,993 20,000 4,712 – (21,993) 24,713 –

Heritage (Archives) 2,620 – 402 – – 3,022 –

Performing Arts Centre 446,370 3,907,100 329,425 – (1,205,127) 3,477,768 –

Staff Accommodation Fund 97,890 – 15,031 – – 112,921 –

General Purpose Special Fund 20,588 580,410 41,917 – – 642,915 –

Specific Property Projects 22,550 – 3,462 – – 26,013 –

Chapel Organ Restoration 12,038 2,780 2,034 – (6,950) 9,902 –

Mackay Trail Teaching Resources 3,769 200 592 – – 4,561 –

General Scholarship (non-endowment) – 26,819 – – (26,819) – –

Capital Campaign Costs (139,950) – – – (565,980) (705,930) –

996,357 4,546,594 476,272 – (1,854,288) 4,164,935 –

23,748,509 4,821,514 3,945,887 – (2,639,457) 29,876,453 4,426,758


Thank you to all our Members who supported us in 2019. The Foundation is

grateful for their generosity.

Membership of the Foundation for the period up to 31 December 2019 comprises five classes: President’s Circle, Patrons, Directors, Fellows and Members.

Qualification for each class is determined by the amount of a person’s donation, notified bequest or pledge – this being an undertaking in writing by a person to make a donation. The financial categories attached to each class are as follows:

Classes Donation or pledge Notified bequestMembers $5,000 to $14,999 $10,000 to $29,999

Fellows $15,000 to $39,999 $30,000 to $79,999

Directors $40,000 to $99,999 $80,000 to $199,999

Patrons $100,000 to $499,999 $200,000 to $999,999

President’s Circle $500,000 or more $1,000,000 or more

A Member may progress to a higher class of membership at any time by making an additional donation, pledge or bequest, or a combination thereof.

At the time of printing every care has been taken to ensure this list is up to date.

Membership


Every effort is made to keep our membership database up to date. Please update your details by emailing [email protected].

President’s CircleAssociation of the Friends of King’s College

King’s College Trustees

King’s College Old Collegians’ Association

PH Masfen Charitable Trust

Thanksgiving Foundation

Mr J C S and Mrs M Bayley

Mr T Farmer

Mr M A Flanagan

Mr R E and Mrs J Green

Mr G and Mrs R Hart

Mr P A H and Mrs P Jackson

Dr H Le Grice CNZM

Mr H J and Mrs E Mackley

Mr P H Masfen CNZM and Mrs J Masfen

Mr A W Tattersfield

Mr P W Wilson ONZM and Mrs G McGechan

PatronsFletcher Trust

New Zealand Guardian Trust

The JAB Hellaby Endowment Trust

Joyce Walker Foundation Charitable Trust

Lion Foundation (previously Century Foundation)

The Rowllings Family

Mr G Chang

Dr M G and Mrs A Clatworthy

Mr C J and Mrs S Cook

Mr P J and Mrs E Crotty

Mr R M P and Mrs R Dunphy

Mr J A and Mrs P Fauvel

Mr D M Ferrier and Ms A Nelson

Mr S B Fisher QSO and Mrs V Fisher

Mr M Fujisawa

Mrs C Heaven

Mr J W F Heaven

Mr F J R and Mrs L Hellaby

Dr R N and Mrs R Jones

Sir John Key and Bronagh, Lady Key

Sir David Levene

Dr G W Mason

Mr L S Mayne

Mr J A W and Mrs K McConnell

Mr J F McHardy

Mr P M and Mrs J A Merton

Mr D M and Mrs L Richwhite

Mr A L G Ryall

Mr R J W Seton

Mr R W and Mrs J Tills

Mr C and Mrs P A Webster

DirectorsContinental Cars

H.B. Williams Turanga Trust

Sir John Logan Campbell Residuary Estate

The Morgenzon Charitable Trust

The Richwhite Family Trust

The UPC Trust

The Wallace Foundation

The Woolf Fisher Trust

T U Wells Endowment Trust

Mr C H and Mrs C J Abel

Mr R H and Mrs A Aitken

Mr G and Mrs D Baker

Mr D G S and Mrs C Bayley

Mr S and Mrs S Boonnamsiri

Dr D E Caughey

Mr J Y K Chan

Mr K W Chau

Mr K S S Cheang

Mr C Chen

Mr C Y Chen

Mr O Chen and Mrs J Huang

Mr T Chen

Mr T C C Chen

Mr C Cheng

Mr C H Cheung

Mr C Chien

Mr K M F Chong

Mr H F Chu

Mr M C Chuang

Mr C W P Chun

Mr C G Cole and Mrs S Stevely-Cole

Mr J Collinson

Mr D C D Cruz

Mr F A W des Tombe

Mrs S Dhamasaroj

Mr S Dhevaaksorn

Mrs C Dove

Mr S H Fang

Mr P J and Mrs A Ferguson

Mr P E Francis

Mrs Y Fujisawa

Sir Colin Giltrap

Mr J K and Mrs S O Greenslade

Mr A T and Mrs K Hadlow

Mrs J Hanna

Mr L J and Mrs H Harper

Mr C Heatley

Mrs R Hellaby

Mr P J and Mrs N Hickson

Mr P K W Ho

Mr Y Ho

Mr P N W Hsieh

Mr J Y Hsu

Mr L Hsu

Mr S J H Huang

Mr C P Huljich

Mr O Jantaraprapa

Mr K Jayasuta

Mr H Jo

Mr O and Mrs V Kam

Mrs S Kantatan

Mr M S and Mrs N Kao

Mr S J and Mrs S Kember

Our Members


Mr Y J Kim

Mr R C and Mrs M Kingston

Mr J and Mrs J Klisser

Mr H Ko

Mr W K Ko

Mr T P Kwok

Mr L Lai

Dr J Lam

Mr K W Lam

Mr Y Lam

Mr W K Lau

Mr Y Lau

Mrs J Lawry

Mr M A Le Grice

Mr R O and Mrs L Le Grice

Mr C Lee

Mr H K Lee

Mr J T Lee

Mr T Liao

Mr J L Lien

Dr S Lien

Mr C Liu

Mr C H Liu

Mr C J Loeak

Mr C V Lu

Mr D W Mace

Mr R R and Mrs J McAnulty

Mr G W and Mrs K McCurrach

Mr P Mills

Dr J R and Mrs L Monigatti

Mr R F Munro and Mrs M Horne

Mr G T K Ng

Mr H M Ng

Mr K Ng

Dr G A and Mrs M L Nicholls

Mr S W Owen

Mr K K Pang

Mr D Park

Mr C W E and Mrs A Rathbone

Mr M J and Mrs P M Reid

Mr K J Roberts

Mr K Rojanastien

Mr S and Mrs S Shepperson

Mr T J Short

Mr G N and Mrs J Siddall

Dr P and Mrs S Siriyodhin

Mr B C So

Mr H T and Mrs W Stedman

Ms U Sukhsvasti

Mr J B Sutherland

Mr C L Tang

Mr P M T Tang

Mr P A Tesiram and Ms M Pinsonneault

Mr A S P Tetzner

Mr K Thanasuwankasem

Mr M G and Mrs C Thorburn

Mr B Trethewey

Mr C J C Trower

Mr K W Tung

Dr D J Turkington

Mr A H Waalkens

Sir James Wallace

Mr M Wang

Mr B L and Mrs C Wharfe

Mr J G Whitney

Mr B Y Wong

Mrs J P Y Wong

Mr P K Wong

Mr M M T Wu

Dr S L Wu

Mr Y Xi

Mr C Yang

Mr F C Yu and Mrs Y Chan

Dr W C Yang

FellowsDavid Levene Foundation

Lou and Iris Fisher Charitable Trust

Michael Synnott Charitable Trust

Rob Roy Properties Limited

Sargood Bequest

The New Zealand Guardian Trust

The Selwyn Robinson Trust

Visible Difference Limited (now VDG Global)

Mr S P and Mrs L M Agnew

Mr S A Alach

Ms K Alexander

Mr K H Alison

Mrs H M Anderson

Mr J D Anderson

Mr R S Andrewes

Mr C M Ashby

Mr G and Mrs M Baker

Mrs B Bartley

Mr G J and Mrs J Batkin

Mr R H E and Mrs K Beckett

Mrs G Becroft

Mr A Ben-Menachem

Mr V M Bielby

Mr R J Board and Ms N Ivers

Mr A Bourgogne

Mr A Bowater

Ms F E Bowater

Mr D J Bridgman

Mr C N W Brittain

Mr T M J Brittain

Mr D Buchanan

Mr P and Ms S Buckland

Mr S and Mrs R Buckley

Mr R A Burns and Dr C Kennedy

Mrs S Burrett

Mr C T Carder

Mrs S Caughey

Dr T C Chang and Ms J Y Loh

Mr P S and Mrs A Chapman

Mrs Y T Cheang

Mr E T Y Chen

Mr M Ching

Mr K Chow

Mr S M A and Mrs M Clark

Mr P and Mrs V Clarke

Mrs S Clatworthy

Mr C Coon

Mr L G Cormack

Mr A and Mrs S Coster

Mr N Craddock

Mr G P R and Mrs J de Latour

Mr N J G and Mrs P M Donne

Mr C J H Empson

Dr A J Erenstrom

Mr L Fa

Sir Michael Fay


Mr B T and Mrs B Fenner

Mr R I Fenwick ONZM and Mrs D Fenwick QSO

Mrs A B Fletcher

Mrs D S Foreman

Sir Michael Friedlander

Mr M J and Mrs J Fuge

Mr P J and Mrs G Galloway

Mr M A T Gatward

Mr S and Mrs G Gellert

Mrs A B Gibbs

Mr P R J and Mrs D Gibson

Mr P Gibson and Ms D Yap

Mrs E Gillett

Ms S P Gott

Mr T N and Mrs J Gould

Mr G W and Mrs D B M Haliday

Mr G H Hall

Mr H N and Mrs F Hall

Mr R J and Mrs Y R Hall

Mrs S Hall

Mr B N B Hannan

Mr P and Mrs J Hanson

Dr C J and Mrs L Hardley

Mr T E and Mrs J Hargreaves

Mrs D S Harrington

Mr B W and Mrs D Harrison

Mr C J Harvey and Mrs A Lovell

Mr R and Mrs J Hatrick-Smith

Mr R M and Mrs A Hay

Mr J R Hellaby

Mr D S Henderson

Mr M J Hickton-Burnett

Mr L R Jarman

Mr P D and Mrs K Jeeves

Mrs J R Jeffries

Mr M D and Mrs J Jenkin

Mrs J Keenan

Mr R Kelley

Mr R J and Mrs D Kidd

Mr C Y Kim

Mr T C King

Miss A Kinraid

Miss G Kinraid

Miss M Kinraid

Mr C Kong

Mr I Y H Lam

Mr J Laurenson

Mr H A Lawry

Mr C M Li

Mr Y Lim

Mr C L Lin

Mr S Lockwood

Mr W K Luk

Mr P G Macauley

Mr K Mair

Mr S Mapaisansin

Mr A M and Mrs E Martin

Mr R D Martin

Mrs B McConnell QSM

The Hon Sir Jim McLay and Marcy, Lady McLay

Mr J Mei and Ms J Bu

Mr R A Melville

Mr P J Merfield

Mr A B and Mrs F Mitchell

Mr I and Mrs L Morrice

Mr G J and Mrs D J Muir

Mr S W Nam and Mrs S S Y Lee

Mr M Newman

Mr V Nualkhair

Mr R D and Mrs P Olde

Mr W B Orr

Dr L J and Dr K I Parker

Mr B Patel

Mr G A Paykel

Mr R C Pearson

Mr T and Mrs D Phillips

Mr G J Plowman

Prof H and Mrs B Rea

Dr T Q S L and Mrs F A Reeves

Mr J L and Mrs N Reeves

Mr J S Richards

Mr R A and Mrs R Riddell

Mr D P and Mrs F Robinson

Mr P Rooney and Mrs S Benedek Rooney

Mr P F Rose

Mr J H Ryall

Mr G and Mrs M Ryder

Mr V and Mrs C Sharma

Mr B H and Mrs F Shepherd

Mr H R T and Mrs S Sherratt

Mr S Sinhaseni

Mr B Sirivallop

Mr E and Mrs F Smith

Mr T B Smith

Dr M G and Mrs P Snowden

Dr M B and Mrs C A Spencer

Mr S and Mrs V St John

Mrs M Steele

Mrs S Stevens

Mr N Sthapitanonda

Mr M and Mrs M Stiassny

Mr P J B Stinson

Mrs B Sutthiglom and Mr R Chaikwang

Mr M and Mrs S Synnott

Mr T W L and Mrs S Talbot

Mr W G Talbut

Ms K Toyomura

Mr B Trotter

Mr P F Ullrich

Mr C C and Mrs D Waalkens

Mrs K Waalkens

Mr S and Mrs L Wallace

Mr W P and Mrs N Y W Walsh

Mr G and Mrs P A Whiting

Rev N W and Mrs M Wilder

Mr E C and Mrs K Williams

Mr O L and Mrs J Williams

Mrs F Wyborn

Mr M J and Mrs C Wyborn

Mrs P Yates

Mr Z Q Zhang and Mrs G X Lin

Mr D H Zhuo and Mrs W Wu

MembersEstate of the Late L R Civil

Floreat Semper Fellowship

The G Fisher Family Trust

Leo Harper Ltd

L J Fisher Charitable Trust

New Zealand South British

Our Members (continued)


The J C F Paine Charitable Trust

Mr A F Abel

Dr A C Adair

Mr R D and Mrs J Agnew

Mr M R Ah Chee

Mr B G Allen

Mr G A L Amos

Mr G J Amos

Mr J Amos

Ms F Antonovich

Mr R B and Mrs C Armstrong

Mrs A Ashley-Wilson

Mr S R and Mrs T Atkinson

Mr I G Bailey

Mr R J M and Mrs N Bailey

Mr W J Bainbridge

Mr W A and Mrs R Baird

Mr J G Baker

Dr M J and Mrs S Baker

Mr N Bamber

Mrs S D K Bamber

Mr D D Bamfield

Mr W I Bamford

Mr C Barfoot

Mr P H and Mrs J Barton

Mrs A J Barrowclough

Mr R Batkin

Mr J W Beck

Mrs P Beeche

Mr D J O Bennett

Mr A R and Mrs H Bierre

Mr D F Black

Mr R H and Mrs K M Blakeney-Williams

Mr A and Mrs C Bollard

Mrs G Brabant

Mr D J and Mrs P Bracewell

Mr M and Mrs W Brackenridge

Mr N R G Breen

Mr D S Bridgman

Dr C and Mrs J Brown

Mr C R S C Brown

Mr G J Bull

Mr G R and Mrs N Burden

Mr P A and Mrs J E Burgess

Mr A Burr

Mr M Burton

Mr W L Butterworth

Mr M R and Dr L Buttle

Mr J L F Button

Ms X Cai and Mr B Wei

Mrs A Campbell

Mrs D J Cane

Mr P T Cane

Mr J and Mrs J L Carmichael

Mrs A Carpenter

Mr D N Carruthers

Dr M A and Mrs S Caughey

Mr R A Caughey

Mr P B R and Mrs M Caughey

Mr P N Chalmers

Mr S and Mrs C Chan

Mr N and Mrs J Chandra

Mr C Chang

Mr M J Chapman

Mr H L Cheeseman

Rev T P Cheeseman

Mr R J Chitty

Mr G and Mrs L Chong

Mr W and Mrs R Chongsuttanamanee

Mr J A Cimino

Mr D J Clark

Patricia, Lady Clark

Mr R B Clarke

Mrs V Coats

Mr S Cohen

Mr M H Coney

Mr B and Mrs A Cooper

Dr G D and Mrs H Coster

Mr K E J and Mrs R M Couper

Mr R W Crompton

Dr P S and Dr K E Crosier

Mr D and Mrs C E Cryer

Mr P D Cullinane

Dr P Cunningham

Mr D A Currey

Mr G Dainty

Mr D G Daniel

Mr C and Mrs J Dargaville

Mr M C and Mrs L D Darrow

Dr D H C Davidson

Mr G A Davies

Mr P and Mrs A Davis

Mr C R Dawson

Mrs J Dawson

Mr M M and Mrs M Dawson

Mr P M Dawson

Mr N K and Mrs M De Silva

Mr A G de Tourettes

Mr J and Mrs K Delegat

Mr J Y Ding and Mrs Y Chen

Mr E Dixon

Mr B J and Mrs P J Donnelly

Mr R J and Mrs R Drake

Mr A G and Mrs S Dryden

Mr B Duignan and Ms J Cater

Dr M G Dunshea

Mr M C Duurentijdt

Mrs J Dye

Mr L W and Mrs J Dye

Mr R J and Mrs J Earles

Mr R and Mrs L Eilenberg

Mr J Ellafrits

Mr P D Ellis

Mr G D Enderby

Mr D A and Mrs C M English

Mr A B Evans

Mr M A Ewen

Mr F R Faram

Mr L J P and Mrs M Fenelon

Mr M and Mrs B Fenton

Mr R S and Mrs D Ferguson

Mr P and Mrs J Fielding

Mr G Fisher

Mr P R and Mrs L Fisher

Mr R A and Mrs H Fisher

Mr P M Fogarty

Dr G A Foote

Mr L R Fox

Dr J G Fraser

Mr M M Fraser

Mr D J and Mrs P Frith

Dr S and Mrs R Fuata’i

Mr B G Fulton

Mr R and Mrs D Fyfe

Dr H D L Gabriel

Mr C B Gambrill

Mr J G Gardner

Mr R George


Mr D M V Gibbs

Mr D E J Gibson

Mr G E M Gibson

Mrs T Gieck

Mr J and Mrs P Gilbert

Mrs A Gilchrist

Mr A R Gilchrist

Mr C D Gill

Mr D M B Gill

Mr B J Gillespie

Mrs P Gilmour

Mr J and Mrs R Glengarry

Mr C S Goldie

Mr S Gollin and Ms W Cook

Mr B Goodwin

Mr A F Grant

Dr T B and Dr C P Gray

Mr A L and Mrs H L Green

Mr D G and Mrs J Grey

Mr M K Griffiths

Mr P M Griffiths

Mr P C Guildford

Mr J D G Haddleton

Mr S V Hadlow

Mr S B D Hain

Mr J Hall

Mr S and Mrs N Hall

Mr D A and Mrs J Hammond

Mr D R Hammond

Mr E P Hanson

Mr J M Hargreaves

Mr J Harman

Mrs M Harrison

Mr D Harry

Mr C T and Mrs L Hart

Judge D J Harvey

Mr C A and Mrs E Harvison

Mr B R and Mrs M Hassall

Mr L D Hawthorn

Mrs A Hay

Mr P B Hay

Mr K and Mrs D Healy

Mr L C Heard

Mr B and Mrs L Heron

Mr B and Mrs J Herring

Mrs C M Hesketh

Mr E D Hewetson and Ms A Langbein

Mr E R and Mrs U Hickman

Mr M J Higgs

Mrs J Hindmarsh

Mr M M and Mrs M Hobson

Mr V B Holdaway

Mr T L Honan

Mr P B Hoobin

Mr R J and Mrs L Horrocks

Mr D K Horton

Mr H M Horton

Mr T J B Howard

Mr M C M Howat

Mr J Hsu

Mr A and Mrs J Hulbert

Mr P Huljich

Mr E J Hunkin

Mr P Hunt

Mr V and Mrs R Hunt

Mr M G R and Mrs A Hutcheson

Mr J B S Hutchinson

Mr W R Hutchinson

Mr D B Innes

Mr R J Insull

Mr Y Ishii

Mr E C Jack

Ms C M Jackson

Mr J H Jackson

Mr G and Mrs E Jacobsen

Mr J Jacobsen and Ms C M Hellaby

Mr M G Jamieson

Mr B Jeffery

Mr G L Johnson

Mr G M Johnston

Mrs P Johnston

Mr P L Johnston

Mr D J Jones

Mrs J Jones

Mr R A Josephson

Mr J Judge and Mrs J Clarke

Mr M J Kelt

Dr B and Mrs D Kent-Smith

Mr T Khau

Mr S and Mrs H S B Kim

Mr D A Kirkpatrick

Mr J C Kirk-Smith

Mrs L Lischner

Mr E F Kleyn

Mr B Koningham

Mr R C Kuegler

Mr J La Grouw Jr

Mr A F and Mrs J Laity

Mr A R H and Mrs A Laity

Dr G F Lamb

Mr A G A and Mrs C Landels

Mr R B Lange and Mrs K C Jones

Mr M M Langley

Mrs H Lawford

Mr R E and Mrs H Lawford

Mr A R and Mrs J Lawrence

Dr J E H Lawry

Dr J M H Lawry

Mr J P K Lee

Dr M Legget and Mrs C Hobson

Mr H C Lehman

Mr I U Letele

Mr S Lewis

Mr D G Liggins

Mr Y and Mrs P Lim

Mr P E and Mrs B Lindesay

Mr T and Mrs J Lines

Mrs S Lingo

Mrs J Litten

Mr R D and Mrs M M A Llewellyn

Mr J and Mrs D Lockie

Mr G I and Mrs J K Lowe

Mr J O Lusk

Mr R A Lynd

Mr J H Maasland

Mr K G MacCormick

Mr R N MacCormick

Mr H H Macdonald

Mr R W Macdonald

Mrs S Macindoe

Mr M J and Mrs A MacMillan

Sir William and Lady Lois Manchester Trust

Mr D and Mrs K Manning

Mrs T Maoate

Mr R Marchant and Mrs A M Ghirelli

Mr B M Marler

Mr W R M Marsh

Mrs A Martelli



Mr F Mason

Mr M and Mrs S Mason

Mr J S M and Mrs J Massey

Mr M D Matthew

Dr J R D Matthews

Mr P M Mayston

Mr N K and Mrs J McDell

Mr M J McDonald

Mr G M McEwin

Dr A J McGeorge and Dr K Philipson

Mr C I McGregor-Macdonald and Ms M Thomson

Dr D A R and Mrs T McKay

Mr R J McKay

Mr G and Mrs J McKendry

Mr B L McKenzie

Mr D J McKenzie

Mr R E McKenzie

Mrs R B McLaren

Mrs P McLaughlin

Mr M G M McLean

Mr R F and Mrs J McLean

Mr P H and Mrs A McNamara

Mr A and Mrs T McNaughton

Mr G A A and Mrs R Mekkelholt

Dr C G Mellow

Mr L Miao and Ms S Duanmu

Mr A W Miles

Mr J A and Mrs J Miocevic

Mr D N Mitchell

Mr J A N and Mrs C Mitchell

Mr A J Mitchelson

Mr R J Moody

The Hon Justice S J E and Mrs J Moore

Mr A W B Morris

Mrs S Morrissey

Mr J A C and Mrs A Motion

Mr R S and Mrs R J Morton

Mr M C Muir

Mrs D Mulcock

Mr S J and Mrs K M Munro

Mr W D Murphy

Mr S C Myhill

Mr P and Mrs A M Nelson

Mr T G and Mrs J Nelson Parker

Mr B R Neumegen

Mr B G Neville-White

Mr T H and Mrs K Nickels

Dr R Nicol

Mr R M Noakes

Mrs G Noble

Mrs J Norgate

Mr A and Mrs F Nugent

Mr D L and Mrs S Olde

Mr D E Olsen

Mr J O’Neill

Mr K R and Mrs P O’Rourke

Mr R W and Mrs N Orr

Mr B K Otto

Mr R and Mrs P Pagani

Mr J Park and Mrs K Min

Mr J D W Pask

Mrs D J Paterson

Mr I D and Mrs P E Paterson

The Right Reverend J C Paterson and Mrs M Paterson

Ms T H Pedersen

Mr J B and Mrs G Peebles

Mr C E Perkins

Mr H E Perrett

Mr G C Peters and Ms W J Mackay

Dr J E Petoe

Mr R M and Mrs M Petricevic

Mr D and Mrs J Phillips

Mr A W and Mrs E Picot

Dr A H and Mrs M Preena

The Hon J M Priestley CNZM QC and Mrs A Priestley

Mrs L W Print

Mr K R Provan

Mr B A F Raina

Mr J R Ralston

Mr D S Reid

Mr M A Reid

Mr H T Retzlaff

Mr P and Mrs K Reynolds

Mr W S Rial III

Mr V G T Richards

Mr F H Richardson

Mr B E Rissetto

Mr S B Robinson

Mr A J B Rogers

Mr L R and Mrs M Rogers

Mr G J Ross

Mr Q and Mrs K Ross

Dr D L Rothwell

Dr S and Dr S Roy

Mr R and Mrs S Roydhouse

Mr P S and Mrs R Rust

Mr B C and Mrs K Sando

Mrs H M F Saunders

Mrs H Schouten

Mrs L Scott

Mr P J and Mrs P Scully

Mr W and Mrs A Selles

Mr B D and Mrs D Sharma

Mr H and Mrs S Sheard

Mr C T Sheffield

Mr R Sheild

Mr D and Mrs C Sherning

Mr R Shih

Mr J F Shortt

Prof R H Sibson and Ms F Ghisetti-Sibson

Mr M F R Simich

Mr P A Simmons and Mrs A M Tills

Mr M Simson

Mr P Simunovich

Mrs D Sinclair

Mr F Sing

Mr M K and Mrs S Sisam

Mr and Mrs A C Sissons

Mr B H Skelton

Mr J and Mrs D Slagter

Mr G R and Mrs S Smith

Mr H L M Smith

Mr P R and Mrs D E Smith

Mr A J Smits

Mrs S Smits

Mr K H Song

Mr D G Spence

Mr B R Spring

Mrs S L Spurway

Mr B V C Stafford

Mr R Stanners

Mr W T and Mrs F Stevens

Mr M and Mrs A Stokes

Mr J R Storey

Mr K F Storey

Mr K S Street

Dr D E Swaris


Mr D L P Tapper

Professor C Tasman-Jones

Mr C N and Mrs K M Taylor

Mrs J M Taylor

Mr R H and Mrs C Taylor

Mr G M Thomson

Mr M R Thorley

Mr M D and Mrs M C Thornton

Mr R B Thornton

Mr I and Mrs B Thursfield

Mr M C Tisdall

Mrs J Tongue

Mr A R Train

Mr H Trebitsch

Mr T R and Mrs L Turner

Mr U and Mrs S Unasa

Mr C K and Dr S Urry

Mr B F and Mrs J Vanstone

Mr G E Vazey and Mrs C Ruwhiu-Vazey

Mr P J Vela

Mr C A Voyce

Mr M Vujanic

Mr C H Waalkens

Mr R F Waalkens

Mr G and Mrs S Wadsworth

Mr O W Wagener

Mr A and Mrs S Wait

Mr C and Mrs M Wakefield

Mr A J Walbridge

Mr C A R Walker

Mr J H R and Mrs L Walker

Libby, Lady Wallace

Mr D M Walter

Mrs M Watson

Dr E C Watts

Mrs E Wedral

Mr R Weir and Ms S Abdale

Mr C M Westerlund

Dr P White

Mr K G and Mrs R Whitney

Mr D A Wiley

Mr J A Wilkins

Mr M Y Wilkins

Mr D A R Williams

Mr G D and Mrs G Williams

Mr G J P Williams

Mr G W and Mrs S Williams

Mr J B Williams

Mrs J M Williams

Mr A D P Wills

Mr S C B Wills

Mr J W and Mrs S Wilson

Mr M and Mrs K Wilson

Mr M and Mrs S Wilson

Mr R Wilson

Mrs J Winter

Mr J Wong

Dr P C Wong

Mr T Wong and Mrs M Hollier

Mr P M Wood

Mr A J and Mrs H Wootton

Mr P T Worsp

Mr R W and Mrs A Wrightson

Mr J and Mrs R Wylie

Mr Z Xie and Mrs X Wang

Mr C and Mrs J Z Yang

Mr A W L Yaxley

Mrs G Yaxley

Mr A K Yee

Mr A W Young

Dr R and Mrs E Young

Corporate MembersAlistair Dryden Family Trust

Allied Domecq Wines (NZ) Ltd

American Express International (NZ) Inc

ANZ Banking Group NZ Ltd

Aon Consulting New Zealand Ltd

Aon New Zealand Limited

Armacup Maritime Services Ltd

Auckland City BMW

Battlefront Miniatures Ltd

Bayleys Realty Group

Brittain Wynyard & Co Ltd

Corporate Apartments

FlexiGroup NZ Ltd (previously Fisher & Paykel Finance)

Fuji Xerox New Zealand Ltd

Giltrap Group Holdings Ltd

Heartland Bank

Lawton Building Ltd

L J Hooker Commercial

McConnell Ltd

New Zealand Cricket Foundation Inc

Ngāti Whātua Ōrākei Whai Maia Ltd

ORB Medical Ltd

Pepsi-Cola Bottlers New Zealand

Rotary Club of Ōtāhuhu Inc

Simpson Grierson

Smith & Caughey Ltd

Soar Printing Co Ltd

South Auckland Charitable Trust

Specialist Radiology & MRI Ltd

SunRice

Vomo (Fiji) Ltd

Vomo (NZ) Ltd

Walker & Hall

We acknowledge the sad passing of the following Members during 2019:Mr G A L Amos Mr P O Carr Dawn, Lady Hellaby


2019€¦ · investment fund the roller coaster ride that has been our investment fund enjoyed a...

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