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Milestone Foundation Annual Report 1 July 2017 30 June 2018

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Page 1: Milestone Foundation Annual Report · Life Education Trust Counties Manukau $20,000.00 Parkinsonism Society Auckland Incorporated $1,200.00 Anxiety New Zealand Trust $4,062.50 A Better

Milestone Foundation

Annual Report

1 July 2017 – 30 June 2018

Page 2: Milestone Foundation Annual Report · Life Education Trust Counties Manukau $20,000.00 Parkinsonism Society Auckland Incorporated $1,200.00 Anxiety New Zealand Trust $4,062.50 A Better

www.milestonefoundation.co.nz 2

Table of Contents

Board of Directors ................................................................................................................................... 3

Our Venues ............................................................................................................................................. 3

Authorised Purpose ................................................................................................................................ 4

Grants: 1 July 2017 – 30 June 2018......................................................................................................... 5

Summary of Financial Statements & Auditors Report ............................................................................ 8

Page 3: Milestone Foundation Annual Report · Life Education Trust Counties Manukau $20,000.00 Parkinsonism Society Auckland Incorporated $1,200.00 Anxiety New Zealand Trust $4,062.50 A Better

www.milestonefoundation.co.nz 3

Board of Directors Milestone Foundation is governed by a Board of Directors. The Members of the Board are: Yuan (Leon) Li │ Chairman Yuan Li (also known as Leon Li) moved to New Zealand from China 13 years ago with his wife and son. Leon had been a school teacher for 10 years prior to relocating to New Zealand. Leon has done a number of jobs including customer service, sales and worked his way up to a management role in a computer retail business. Leon has a keen interest in supporting the Asian community in need of funding for education and health care purposes. Yajie (Jack) Zhang │ Director (Resigned 20th September 2018) Before Jack's arrival in New Zealand, he managed a Government power company in China for 8 years until moving to Dubai to establish his own business in 2002. Jack's business and entrepreneurial skills have been put to good use throughout the years, managing and co-owning many businesses such as restaurant and entertainment facilities. Currently, Jack lives in Auckland with his family and primarily works in investment with finance and property. Frank Wu │ Director Frank moved to New Zealand in 2002 with his family. His working background is grocery retail management in Auckland and Northland Regions. Frank and his wife now operate a rest home in Auckland. Frank enjoys participating in community services. He joined the Lions Club and is now a member of the Lions Eden-Epsom Club. Colin Cao │ Director Frank moved to New Zealand in 1992 and started his working career in the health sector. Since 1993, Colin has worked within the printing industry and is today the Managing Director of a large printing company in Auckland. Colin has a keen interest in supporting the Asian community and is the Chairman of the New Zealand Jiangmen Chinese Association and Vice Chairman of Jiangmen City Returnee Overseas Chinese Association.

Our Venues Milestone Foundation currently operates with two gaming venues in Auckland and Thames. The Board of Directors would like to thank our venues for their efforts in making our contribution to the community possible: Kopu Staton Hotel Mt Richmond Hotel Corner State Highway 25 & State Highway 26 676 Mt Wellington Highway Kopu Otahuhu RD1, Thames Auckland

Page 4: Milestone Foundation Annual Report · Life Education Trust Counties Manukau $20,000.00 Parkinsonism Society Auckland Incorporated $1,200.00 Anxiety New Zealand Trust $4,062.50 A Better

www.milestonefoundation.co.nz 4

Authorised Purpose Milestone Foundation Limited may make grants for any charitable purpose and any non-commercial purpose that is beneficial to the whole or a section of the community. Priority funding will be given to education, health and matters that promote and support the Asian culture. The above authorised purpose includes (but is not limited to) providing grants for:

a. Increasing access to technology resources to educate and skill people at a primary and secondary level (e.g. the provision of computers and tablets in classrooms, electronic whiteboards, and Wi-Fi access at schools);

b. Scholarships and prizes for academic achievement (provided the students are selected in a fair and open manner, and are overseen by a recognised educational authority or school board, and provided that they are limited to primary and secondary level);

c. The provision of non-profit childcare and educational services for children; d. Public health services including education, counselling and rehabilitation services; e. Providing healthcare equipment to public hospitals and non-profit health clinics; f. Relieving poverty through access to advice, support and assistance to recent immigrants to

New Zealand including, without limitation: i. Counselling services;

ii. Health information; iii. Mediations for family conflicts; iv. Visitation; v. Creating social networks; and

vi. Providing assistance and support for other family members who provide care for such persons.

g. Guidance services aimed at enabling Asian immigrants to settle faster and take up their responsibilities as part of the New Zealand society and so eliminate the possibility of Asian immigrant families being dependant on government social assistance;

h. The provision of advice and training to Asian immigrants on access to job training and work experience;

i. The provision of training to assist unemployed Asian immigrants in gaining the confidence and initiative to handle themselves in all aspects of communication and job seeking;

j. The provision of education and training for the improvement of road safety, with a particular focus on recent Asian immigrants to New Zealand;

k. The promotion, planning, organising and running of non-profit events that celebrate or concern Asian culture;

l. Classes that teach Asian languages and culture; m. Classes that teach the English language to new immigrants; n. The provision of advice, assistance and information about Asian cultures; o. Providing milk and breakfasts to decile one schools; p. The promotion of health via encouraging participation in amateur sport, including

participation in table tennis, badminton and soccer; and q. The promotion of public amenities such as parks or museums.

Page 5: Milestone Foundation Annual Report · Life Education Trust Counties Manukau $20,000.00 Parkinsonism Society Auckland Incorporated $1,200.00 Anxiety New Zealand Trust $4,062.50 A Better

www.milestonefoundation.co.nz 5

Grants GRANTS 1 July 2017 – 30 June 2018 Milestone Foundation granted $681,705.83 to local communities in the 12 months ending 30 June 2018.

Recipient Amount Supreme Sikh Society of New Zealand $10,000.00 Auckland Si Hai Badminton Club Ltd $5,187.00 Chinese New Settlers Services Trust $4,655.00 Surf Life Saving Northern Region Incorporated $7,360.00 Aphasia NZ Charitable Trust $6,400.00 Badminton Makes Friends Incorporated $3,118.00 Barnardos New Zealand Incorporated $10,000.00 Cure Kids $5,974.00 Zeal Education Trust $10,368.00 Onehunga Sports Football Club Incorporated $3,834.00 Royal New Zealand Plunket Society Incorporated $3,302.38 Supreme Sikh Society of New Zealand $8,949.46 Cystic Fibrosis Association of New Zealand $6,000.00 Auckland Womens Centre Incorporated $4,707.20 Mobility Assistance Dogs Trust $8,333.00 Auckland Badminton Association Incorporated $5,000.00 Chinese Conservation Education Trust Board $2,889.43 Auckland Basketball Services Limited $10,400.00 Multiple Sclerosis Society of Auckland and the North Shore Inc $4,000.00 Alzheimers Auckland Charitable Trust $13,770.00 Child Cancer Foundation Incorporated $15,000.00 Life Education Trust Counties Manukau $20,000.00 Parkinsonism Society Auckland Incorporated $1,200.00 Anxiety New Zealand Trust $4,062.50 A Better Chance Charitable Trust $2,304.00 The Stroke Foundation of New Zealand $8,347.38 South Auckland Rangers Assoc Football and Sports Club Inc $6,000.00 Indo Kiwi United Trust $20,000.00 Heart Kids New Zealand Incorporated $5,562.00 Arthritis Foundation of New Zealand Incorporated $3,000.00 Age Concern Auckland Incorporated $11,000.00 Thames Coast Community Kindergarten $6,000.00 New Zealand Inner Mongolia Chamber of Commerce Incorporated $18,000.00 Otahuhu Rovers Rugby League Football Club Incorporated $8,625.00 Gribblehirst Community Hub Trust $4,760.00 Auckland Table Tennis Association Incorporated $4,500.00 Immune Deficiencies Foundation of New Zealand (IDFNZ) Incorporated $6,000.00 North Shore Womens Centre $5,310.00 Manukau United Football Club Incorporated $5,000.00 Remuera Chinese Association Incorporated $5,000.00 The National Heart Foundation of New Zealand $5,000.00 Ronald McDonald House Charities New Zealand Trust $5,000.00

Page 6: Milestone Foundation Annual Report · Life Education Trust Counties Manukau $20,000.00 Parkinsonism Society Auckland Incorporated $1,200.00 Anxiety New Zealand Trust $4,062.50 A Better

www.milestonefoundation.co.nz 6

Impact-Sport $10,000.00 Auckland Si Hai Badminton Club Ltd $11,085.00 Cochlear Implant Foundation of New Zealand $10,000.00 New Zealand Chinese Vetrans General Federation Incorporated $5,000.00 Devils Rock United Soccer Club Inc $3,000.00 Bridge of Love Association Incorporated $5,000.00 Panama Road School $7,177.50 Surf Life Saving Northern Region Incorporated $5,000.00 Auckland Basketball Services Limited $11,500.00 Onehunga Sports Football Club Incorporated $4,000.00 Chinese Association of West Auckland Incorporated $4,693.44 Auckland Rugby League Inc $10,000.00 New Zealand Chinese Vetrans General Federation Incorporated $15,000.00 B & C Better Future Trust $20,000.00 Auckland Badminton Association Incorporated $10,000.00 Devils Rock United Soccer Club Inc $5,000.00 Training and Budgeting Services Incorporated $7,384.00 Harbour Sport Trust $3,000.00 Zeal Education Trust $3,000.00 Surf Life Saving Northern Region Incorporated $2,133.00 Tangaroa College $3,000.00 Alzheimers Auckland Charitable Trust $13,750.00 The Colourful Art Group Incorporated $586.32 The Kids for Kids Charitable Trust $5,000.00 Auckland Festival of Photography Trust $6,000.00 Cure Kids $5,000.00 Ronald McDonald House Charities New Zealand Trust $7,981.00 Otahuhu College Board of Trustees $14,745.00 Waitakere Badminton Association Incorporated $4,000.00 Mercy Hospice Auckland Limited $12,480.00 Auckland Kids Achievement Trust $5,000.00 Young Men's Christian Association of Auckland Incorporated $4,284.00 Auckland Si Hai Badminton Club Ltd $5,000.00 Life Education Trust Counties Manukau $30,000.00 Howick Pakuranga Cricket Club Incorporated $2,960.00 Remuera Chinese Association Incorporated $3,744.00 Inner City Womens Group Inc $6,000.00 Auckland Womens Centre Incorporated $5,000.00 The National Heart Foundation of New Zealand $20,000.00 Auckland Table Tennis Association Incorporated $6,000.00 Dance Therapy NZ $3,257.89 Ferguson Intermediate School $2,256.50 Surf Life Saving Northern Region Incorporated $5,000.00 Otahuhu Business Association Incorporated $2,700.00 Royal New Zealand Foundation of the Blind $5,000.00 Auckland District Kidney Society Incorporated $6,000.00 Auckland Rugby League Inc $12,026.92 Father and Child Trust $2,396.00 Chinese Mental Health Consultation Services Trust $3,960.00 Surf Life Saving Northern Region Incorporated $7,067.00 Shakti Legal Advocacy and Family Support Services $5,000.00

Page 7: Milestone Foundation Annual Report · Life Education Trust Counties Manukau $20,000.00 Parkinsonism Society Auckland Incorporated $1,200.00 Anxiety New Zealand Trust $4,062.50 A Better

www.milestonefoundation.co.nz 7

Methodist Mission Northern T/A Splice $686.36 Star Jam Charitable Trust $2,000.00 The Auckland Childrens Christmas Parade Trust $7,933.55

Milestone Foundation Declined Applications: 1 July 2017 – 30 June 2018

Harbour Sport Trust

Heart Kids New Zealand Incorporated

Wellbeing Charitable Trust Board

Auckland Chinese Library

Auckland Chinese Library

Alzheimers Auckland Charitable Trust

Argent Masters Marching Team

Auckland Table Tennis Association Incorporated

Indo Kiwi United Trust

Manuka School

Wellbeing Charitable Trust Board

Onehunga Chinese Association Incorporated

Indo Kiwi United Trust

Bucklands Beach Yacht Club Incorporated

Great Potential Foundation

Badminton Makes Friends Incorporated

Liaoning Fellowship of New Zealand Incorporated

Auckland Chinese Library

Otahuhu Softball Sports Club Incorporated

Te Waipuna Puawai

Maungarei Community Christian Trust (MCCT)

Liaoning Fellowship of New Zealand Incorporated

Auckland Chinese Library

Great Potential Foundation

Supervised Access Centres (NZ) Trust T/A Care for Kids

Impact-Sport

Remuera Chinese Association Incorporated

Chinese Association of West Auckland Incorporated

A Better Chance Charitable Trust

Epilepsy Association of New Zealand Inc

The Lonely Miaow Association Incorporated

Papatoetoe Sports Awards Trust

OMF New Zealand

Age Concern Rodney Incorporated

Page 8: Milestone Foundation Annual Report · Life Education Trust Counties Manukau $20,000.00 Parkinsonism Society Auckland Incorporated $1,200.00 Anxiety New Zealand Trust $4,062.50 A Better

www.milestonefoundation.co.nz 8

Summary of Financial Statements &

Auditors Report

Page 9: Milestone Foundation Annual Report · Life Education Trust Counties Manukau $20,000.00 Parkinsonism Society Auckland Incorporated $1,200.00 Anxiety New Zealand Trust $4,062.50 A Better
Page 10: Milestone Foundation Annual Report · Life Education Trust Counties Manukau $20,000.00 Parkinsonism Society Auckland Incorporated $1,200.00 Anxiety New Zealand Trust $4,062.50 A Better
Page 11: Milestone Foundation Annual Report · Life Education Trust Counties Manukau $20,000.00 Parkinsonism Society Auckland Incorporated $1,200.00 Anxiety New Zealand Trust $4,062.50 A Better
Page 12: Milestone Foundation Annual Report · Life Education Trust Counties Manukau $20,000.00 Parkinsonism Society Auckland Incorporated $1,200.00 Anxiety New Zealand Trust $4,062.50 A Better