The aim of the Lions District 201N3 Diabetes Foundation is to fund research into the causes and treatment of diabetes
Over the last few years the Foundation has funded 7 research projects being carried out under the Hunter Medical Research Institute (HMRI) to the value of $265,000. A further $20,000 has been provided to HMRI at the annual Grants Night in November 2015.
The projects are as follows:-
Three trustees are elected by the District Convention to serve 3 year terms (one elected each year). The Trust Deed also provides for the appointment of Committee of Management.
The Foundation has a series of interest-bearing investments. Donations are also received from individual Lions Clubs.
The income of the Foundation is exempt from income tax. The Foundation is registered as a Deductible Gift Recipient and is registered for GST. The Foundation is also exempt from NSW Stamp Duty
The net assets of the Foundation at end June 2015 were $622,104. A copy of the latest Annual report and financial statements is available for inspection by contacting the Secretary at PO Box 455 Mayfield NSW 2304 .
John Hayes Honour Award
The Foundation has established the John Hayes Honour Award scheme, which enables Lions Clubs to honour worthy individuals by making a donation of $1,000 or more to the Foundation. The recipient of the award receives a handsome plaque, which is forwarded to the club secretary for presentation. The donation may be made over 2 successive years. The award is named after PDG Lion John Hayes OAM, whose vision inspired the creation of the Foundation in 1993 and who served as chairman of the Foundation from April 1993 to April 2014. John was District Governor of District 201N3 in 1989-1990, during which time the “Newcastle Earthquake” occurred. John led the Lions’ contribution to the alleviation of distress caused by the ‘quake, and the Foundation arose from the funds left over from the Lions Earthquake Appeal.