There are currently thirteen Directors of the Foundation made up of ten who all reside in the local area including two Japanese Directors, and three Japanese Directors 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 & Rockhampton Shire Councillor
Retired Media Manager, Current CEO Beef 2024 Rockhampton
Foundation Director and CEO Iwasaki Sangyo Co. Pty Ltd
Foundation Director and Vice President Iwasaki Sangyo Co. Pty Ltd
Retired Financial Planner
Retired business owner and former Livingstone Shire Councillor
Retired Bank Manager
Senior Financial Advisor - Morgans Wholesale Services
The chart below shows the distribution of operating outlays for the Foundation 2022 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 2022 we were able to fund 7 Bursaries for the full 12 months, and 2 for 6 months of the year -with 1 student graduating at the end of the year; and 5 Grant applications.
In the current financial market with interest rates slowly improving, it is hoped that we will have more funding available for the current financial year. As always, with diligence and keen financial skills of some very talented Board members, we hope to be able to continue our wonderful work in 2023.
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.