|
Note
17: Trust Money
The
Library operates a number of trust funds to account for donations
and income from the application of donated funds. These funds
operate under formal trust arrangements and funds are only
expended in accordance with the terms of trusts, accordingly
these moneys are not recognised in the financial statements.
The following is a brief comment on each fund currently in
operation:
(a) The Morris West Trust Fund
was funded by the author Morris West. The fund is used for
the publication of material owned by the Library.
|
Balance
1 July
|
469
|
530
|
|
Deposits
during the year
|
38
|
35
|
| .
|
507
|
565
|
|
Interest
received
|
29
|
27
|
| .
|
536
|
592
|
|
Expenditure
during the year
|
(74)
|
(123)
|
|
Balance
at 30 June
|
462
|
469
|
(b)
The General Trust Fund comprises donations received for general
purposes or where no purpose is specified by the donor.
|
Balance
1 July
|
476
|
453
|
|
Deposits
during the year
|
232
|
108
|
|
|
708
|
561
|
|
Interest
received
|
30
|
25
|
|
|
738
|
586
|
|
Expenditure
during the year
|
(117)
|
(110)
|
|
Balance
at 30 June
|
621
|
476
|
(c)
The Kenneth Baillieu Myer Trust is a bequest from the late
Kenneth Baillieu Myer for the purposes of the Kenneth Myer
Annual Oration as held by the Library and for such other purpose
as may be considered appropriate by the Director-General.
|
Balance
1 July
|
91
|
97
|
|
Deposits
during the year
|
1
|
1
|
|
|
92
|
98
|
|
Interest
received
|
4
|
4
|
|
|
96
|
102
|
|
Expenditure
during the year
|
(13)
|
(11)
|
|
Balance
at 30 June
|
83
|
91
|
(d)
The E.A. & V.I Crome Trust is a bequest by the late E.A
Crome for the maintenance of and addition to the E.A. &
V.I Crome collection.
|
Balance
1 July
|
172
|
164
|
|
Deposits
during the year
|
-
|
-
|
|
|
172
|
164
|
|
Interest
received
|
10
|
8
|
|
|
182
|
172
|
|
Expenditure
during the year
|
-
|
-
|
|
Balance
at 30 June
|
182
|
172
|
(e)
The Acquisition Trust Fund comprises donations received specifically
for the acquisition of library material.
|
Balance
1 July
|
46
|
53
|
|
Deposits
during the year
|
1
|
-
|
|
|
47
|
53
|
|
Interest
received
|
3
|
2
|
|
|
50
|
55
|
|
Expenditure
during the year
|
(9)
|
(9)
|
|
Balance
at 30 June
|
41
|
46
|
(f) The H.S. Williams
Trust is a bequest from the late Harold S. Williams for the
maintenance of and addition to the H.S. Williams collection.
|
Balance
1 July
|
24
|
23
|
|
Deposits
during the year
|
-
|
-
|
|
|
24
|
23
|
|
Interest
received
|
1
|
1
|
|
|
25
|
24
|
|
Expenditure
during the year
|
-
|
-
|
|
Balance
at 30 June
|
25
|
24
|
(g) The Dame Mary Gilmore Trust
Account is a specific bequest from the late Dame Mary Gilmore.
|
Balance
1 July
|
9
|
9
|
|
Deposits
during the year
|
-
|
-
|
|
|
9
|
9
|
|
Interest
received
|
1
|
-
|
|
|
10
|
9
|
|
Expenditure
during the year
|
-
|
-
|
|
Balance
at 30 June
|
10
|
9
|
|