Formation 2004 Chairman Shane Warne | Headquarters South Yarra, Victoria | |
Motto "Teaming up to help aussie kids" Founders Shane Warne
James Packer
Lloyd Williams
Lee Amaitis
David Coe
John Ilhan Board of directors Shane Warne
Anne Peacock
Glen Robbins
Andrew Bassat | ||
Shane Warne Foundation is an Australian not-for-profit organisation founded in 2004 by former cricketer Shane Warne. The organisation announced its intention to close in 2016.
Contents
History
Warne founded the charity in 2003, with the intention of assisting "seriously ill and underprivileged children and teenagers". Dermott Brereton appeared on The Celebrity Apprentice Australia (season 3) in 2013 and raised $294,687 for the charity. During 2015, Barry Hall appeared on I'm a Celebrity...Get Me Out of Here! (Australia season 1) and was runner-up, with his charity being the Shane Warne Foundation
People
Past and present members of the Board
The charity also had a number of patrons and ambassadors including Fifi Box, Dermott Brereton, Michael Clarke, Nick Riewoldt, Liz Hurley, Russell Crowe and Karl Stefanovic
Difficulties and closure
Consumer Affairs Victoria commenced an investigation in 2015 into the Foundation after it failed to submit financial returns. Financial returns in 2014 had revealed the charity spent $281,434 on fundraising during the year, but its efforts only raised $279,198. Fairfax Media alleged that the organisation was only donating 16 cents in the dollar of its income. During one year, the Chief Executive of the Foundation, Shane Warne's brother Jason, was paid a salary of $80,000 whilst only $54,600 was distributed to beneficiaries. The organisation spent more than $300,000 on catering, alcohol and prizes for events while posting significant annual losses.
In January 2016, in response to what it termed "unwarranted speculation", the Foundation announced its intention to distribute its final funds on 18 March 2016 and close down.