There are currently eleven Directors of the Foundation made up of seven Australians who all reside in the local area and four Japanese – one of whom resides on the Capricorn Coast – and three who reside in Japan.
A full meeting of all Directors takes place twice per year in April and October, with the AGM also held in April.
Retired business owner and former Livingstone Shire Councillor
Retired Business owner and former Livingstone & Rockhampton Shire Councillor
Foundation Director and CEO Iwasaki Sangyo Co. Pty Ltd
Foundation Director and Vice President Iwasaki Sangyo Co. Pty Ltd
Retired Financial Planner
Retired Media Manager, Current CEO Beef 2024 Rockhampton
Retired Bank Manager
Administration Manager Iwasaki Sangyo Co. (Australia) Pty Ltd
Foundation Director and Director of Iwasaki Sangyo Co. Pty Ltd
Senior Japanese Director
The chart below shows the distribution of operating outlays for the Foundation 2021 financial year.
The income earned from wisely invested capital is what allows the Foundation to fund its Charitable Grants and Tertiary Education Bursary programs, and through careful budget planning for 2021 we were able to fund 10 Bursaries -3 of whom graduated in throughout the year- and 8 Grant applications.
In the current financial market however, with interest rates at an all-time low, less funding has been available as in previous years. But with diligence and keen financial skills, we hope to be able to continue our wonderful work in 2022.
The Foundation is registered as a Charitable Trust and is registered as a Deductible Gift Recipient, allowing us to accept tax deductible donations. If you are interested in helping us to continue the wonderful work we do in the community, please see our “Donate” page for details.