Financials

Corporate Governance

The Movember Foundation commits to act on behalf of the Movember community to maximize the impact of their support and the funds they raise. Movember aims to meet best practice standards of governance in each country it operates.
 
Movember’s community includes:
-    The Mo Bros and Mo Sistas who participate in Movember
-    Those individuals and organisations who donate and support the Mo Bros and Mo Sistas  
-    Movember’s men's health and beneficiary partners
-    Movember’s corporate sponsors and partners
-    Movember staff  

The Board of Directors
The Board is accountable to the Movember community to ensure that Movember maintains the highest standards of performance, corporate governance, accountability and transparency. The Board is responsible for directing and controlling the Movember Foundation, guiding and monitoring its strategy and business affairs. In keeping with Movember’s focus on minimising administrative costs, all Board members are unpaid for their directorship.  

Directors
The following people are directors of Movember:

Paul Villanti, Chairman
A qualified lawyer and businessman with more than 20 years’ experience running high growth Australian companies.

Adam Garone, Executive Director and CEO
Adam has an extensive corporate background in e-commerce, web based marketing and project management, giving Adam the perfect skill base for his current role as CEO of Movember, Adam is a founding member of Movember.

Travis Garone, Non-Executive Director
With impressive creative talent, 15 years of experience and a founding partner of his creative agency. Travis has contributed extensively to the development of the Movember brand and creative concepts. Travis is a founding member of Movember.

Andrew Gibbins, Non-Executive Director
Andrew brings over 16 years’ experience in private business strategy, operations and logistics and is one of the original 30 Mo Bros.

Elaine Farrelly, Executive Director
Elaine is a Chartered Accountant who has over 20 years’ experience with international corporations and the not-for-profit sector.

John Hughes, Non-Executive Director
John brings with him over 35 years banking experience. During this time John has lead teams involved with project advisory and financing roles in Infrastructure and the Resource sectors.

Mark Fewell, Non-Executive Director
Mark has extensive skills in international business development and marketing, particularly in growing lifestyle based businesses.

Dr Colleen Nelson, Non-Executive Director
Dr Nelson was appointed to the board at the end of 2010, and Chair’s Movember’s Global Scientific Committee. She is Professor and Chair, Prostate Cancer Research, Institute of Health and Biomedical Science, Queensland University of Technology.

Dr Nelson established the Australian Prostate Cancer Research Centre-Queensland in 2007, and was a co-founder of the Vancouver Prostate Centre in 1998.  She founded and is the Director of the Federal Government funded Australian-Canadian Prostate Cancer Research Alliance, a global network of researchers, clinicians, academics, and scientists who work in prostate cancer.

Charter and Policies
The Board works to a Charter and a number of Governance Policies. The Board Charter provides a guiding framework for the corporate governance of the Foundation and covers the role of the Board and the composition and operating principles of the Board. A Directors Code of Conduct has also been adopted.

All Directors, individually and as a Board are required upon appointment to agree to act in accordance with the Board Charter, the Code of Conduct and the Policies. A copy of the Board Charter is available [here].

Structure
The Movember Foundation is an Australian based not for profit, unincorporated trust, Australian Business Number 48 894 537 905 which is run by The Movember Group Pty Ltd as Trustee (ACN 119 012 243). The Movember Foundation has been granted Deductible Gift Recipient status in Australia, and as such all donors are entitled to a tax receipt and a full tax deduction for their donations.

Movember Inc (EIN 77-0714052) is a wholly owned subsidiary of The Movember Group Pty Ltd (the Trustee entity for the Movember Foundation in Australia), and is governed by the same Board of Directors. Movember Inc. was established to run the Movember US campaign.  Movember Inc is a not for profit organization that is exempt from Federal income tax under section 501(c)(3) of the Internal Revenue Code and contributions to Movember in the US are deductible under section 170 of the Code.

Movember Europe is a new charity, which will run the 2011 campaign in the UK. Prior to this year, all funds were received directly by our beneficiary partner in the UK.  Movember Europe is a private company limited by guarantee in England and Wales (company no. 7275694). It is a registered charity in England and Wales (charity no. 1137948) and in Scotland (charity no. SC041981). The Movember Group Pty Ltd as Trustee for the Movember Foundation is the sole member of Movember Europe.

Movember Canada is a new entity, which will run the 2011 campaign for the first time. Prior to this year, all funds were received directly by our beneficiary partner, Prostate Cancer Canada.  Movember Canada is a not for profit corporation (company no. 767531-3) whose sole member is The Movember Group Pty Ltd as Trustee for the Movember Foundation. Movember Canada has applied for Charity status with the Charities Directorate of the Canadian Revenue Agency – the outcome of this application is pending.

Funds raised in Australia, US, UK and Canada are received directly by the Movember entity in those countries mentioned above, and at the conclusion of each campaign, the proceeds, after deducting costs and a retention for direct Movember program grants and future campaign costs, are donated to the men’s health partners in those countries being:
*Australia – the Prostate Cancer Foundation of Australia and beyondblue
*US – the Prostate Cancer Foundation and LIVESTRONG, the Lance Armstrong Foundation
*UK – the Prostate Cancer Charity
*Canada – Prostate Cancer Canada

The Movember campaign also runs in New Zealand, Ireland, South Africa, and a number of European countries, but as Movember does not have incorporated entities in those countries, the funds are received directly by Movember’s beneficiary partners. Movember has agreements with each of these partners who issue tax receipts locally and reimburse Movember for agreed campaign costs.