TO
ALL MEDICAL PRACTITIONERS IN NSW AND THE ACT
Dear
Colleagues,
This
year has been a year of record giving by Australians.
Whenever
the need arises, we always seem to be equal to the occasion and pitch in
together to get the job done with selflessness, enthusiasm and generosity of
heart.
In
the same spirit, this year is also a year for us to continue to support our
colleagues ion their time of need.
When
a young doctor, still in the process of establishing himself/herself, is
unexpectedly struck down with severe illness and/or death, this is also a
tragedy for the spouse and children. Where there once was contentment, stability
and hope, now there is despair, turmoil and uncertainty.
In
his AGM report for the year ended 30th June 2004, our immediate past President,
Dr Richard Herlihy, reported that the MBA of NSW had provided social work and
financial gifts to beneficiaries totalling $226,303. However, in recent months
our gifts to beneficiaries have been steadily increasing due to greater demands.
Your
past generosity has been vital to help us continue to meet these demands and we
are always grateful to all our regular supporters who provide us with a sound
financial base from which to work.
Now
we need new donors with similar generous hearts to pitch in and help support our
colleagues as well.
Your
gifts are always appreciated as you can see from the extract of a letter below.
"Dear
Mary* & Benevolent Association o f NSW,
A
warm note o f thanks to say people like you help make the world brighter by
the nice things you do I want
to thank you so much, for your help with the cheque I recently received. It's
so wonderful to feel that someone really cares for people in need, like myself
and my daughter. And I mean not only financial help but continuous
psychological support you provide."
(*Mary
Doughty is the MBA's Social Worker)
Yours
sincerely,
David
Chen
President
TREASURER’S REPORT 2003-2004
Mr President, Ladies and Gentlemen,
I have pleasure in presenting the audited financial
statements for the year ended 30 June 2004.
Our income figures show that
donations received from all sources totalled $246,439. This was
approximately $84,000 more than received the previous year. We had a Christmas
Appeal in December 2003, in addition to the usual June Appeal. Investment
income was approximately $167,000.
Total operating expenditure
for the year was $141,941. This was about $11,000 greater than the
previous year. Gifts to the beneficiaries were an additional $156,810,
slightly less than the previous year. It should be noted that $68,853 of
the operating expenditure was for Social Worker expenses and we consider
this to be direct expenditure on behalf of beneficiaries.
The accounts show an operating profit of $111,849 for
the year.
Our investment portfolio,
managed by BT Financial Group (previously Westpac Investment Management),
continued the improving trend of the previous year.
Council notes a slight reduction in direct gifts to
beneficiaries. We firmly believe that no genuine ever denied. The
reason for the reduced need to make financial gifts is thought to reflect the
changing type of help that the Association is giving. There is increasing
demand for social work counselling to deal with individual and family distress
associated with the increased pressures of modern medical practice rather than a
need for direct financial support. This appears consistent with the trend
noted by some social commentators. The Australian populace is thought to
be achieving a higher material "Standard of Living" as measured by
quantitative indicators but without a matching improvement in the qualitative
measures for "Quality of
Life". Bluntly put, medical incomes might be rising but there is a
disproportionate increase in the stress of medical practice.
I would like to express my thanks to Gary Scarr of BT
Financial Group and to Denniss Mattiske and Bill Nussbaum of HLB Mann Judd for
their professional assistance to the Association and to me for another year.
They are readily available to provide expert advice in a friendly manner. Their
service is highly valued always.
Antonio Di Dio
Honorary Treasurer
[ Up ] [ Annual Appeal 2005 ] [ Special Report 2005 ]
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© 1998-2008.
Medical Benevolent Association of New South Wales. All rights reserved.
Citation suggestion:
Medical Benevolent Association of NSW, Annual Appeal 2005 (http://www.dmh.org.au/mba/ann_appeal_2005.htm)
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Last revised: 16 February 2008 07:56
