2019-03-12 P&E Agenda - Item 7 - Attachment 1 - NBRF FY17-18 Annual Report

                                                     NOOSA BIOSPHERE RESERVE FOUNDATION - 2017/18




10. RESOURCING


The value of our operational support grant has already been elaborated. It is much appreciated.

It was decided that we should increase our formal Board to eight Directors from the prevailing six. We have an
approach to delegate areas of interest to specific Directors who will bring the issues to the Board Room. This has
allowed a major increase in what we can cover.

A public advertising campaign was run for three Directors as Michael Gloster retired during the year. This asked
for general Board experience including governance. We asked particularly for fundraising and communication
experience. We are very pleased to say that in 2018/19 three exceptional Directors joined the Board with those
skills.

From a diversity point of view, taking our Directors as 8 and 3 regular support “staff” totalling a team of 11, we
have a split of 5 females and 6 males which we are pleased to be able to say.

Also as one of the oldest Directors, I can safely say that the average age of the team has also dropped
significantly.

On that basis, I think we can safely refute any suggestion of a club of old men!!




10. LEVERAGING THE FUNDS AND FUND RAISING


Several times we have stressed how much leverage              As we research and propose our “big ideas” we
Council has obtained from our work. In round terms,           are simultaneously investigating alternative funding
projects totalling $2.9m have been and are being              sources. We are looking at State and Federal
actioned for an investment of $0.949m – a leverage            grant programs, at philanthropic institutes, private
over our target of 3:1. To make that clear, for every         individuals and corporate funds.
$100 Council have invested in us, we have been able
to generate $300 of activity.                                 As an example, we have helped Country Noosa
                                                              submit a large Hinterland research project to the QLD
It will be interesting to see what leverage alternative       Land Restoration Fund. We look forward to hearing
investments give to Council in the future.                    the decision on this.

Of the leverage gained, approximately $0.7m have              Our Directors now have connections to such
been cash contributions from a wide range of                  organisations which we will be developing further in
organisations. In that sense, it can be seen that the         2018/2019 as our priority projects become clear.
NBRF is already heavily engaged in fundraising.
                                                              There are many wealthy people in Noosa who get
Having said that, we have accepted that Council               great benefit from living here but who, in our opinion,
wishes to limit funds “automatically” provided to             could do more to help fund activities that preserve
NBRF and accept that all future project expenditure           and enhance our environment and our socio-
will be signed off in advance and compete with other          economic climate. One idea could be our own fund
suggested projects.                                           using DGR status to encourage participation from
                                                              such families.
Importantly, as previously stated, we are very grateful
and appreciative of the operational funding which
enables us to provide the leverage and project results
being achieved.