KU Annual Report 2016 | Page 5

2016 saw us expend over $800,000 in social impact investment, supporting some of our most vulnerable children. For 2017 we have committed up to $2.2m to continue and expand this work, including the operation of centres in areas of social disadvantage and extended inclusion programs. We are providing continuity for families of children with severe disabilities as we transition specialised support programs, such as KU Starting Points, to new funding models. KU will continue investment in the development of innovative reconciliation, and welcoming more Aboriginal and Torres Strait Islander children and staff into the KU family. Throughout 2016, the development of KU’s Strategic Plan for 2017 to 2019 ‘Creating, Thinking and Doing for today and tomorrow’ has identified significant objectives for the next three years. This new plan proudly looks toward a bold vision for our future, and sets the pathway for making that vision a reality. In 2017 KU has budgeted a $315,000 investment in an expanded research agenda aimed at developing knowledge that contributes to the evidence base that shapes quality practice across KU and the early education sector. In coming years, KU will make significant investment in expanding our footprint and ensuring more children experience the KU difference by reaching more families in more communities, affirming our sector leadership position. We will continue to showcase our exemplary practice in ways that inspire better practice in others. We will explore new learning environments and develop learning excellence in our current centres. As I retire from my time on the Board, I am proud to be farewelling a KU that is forward looking, continuing to increase quality, and has at its core a more sustainable business mod el. We are a stronger KU; better prepared for tomorrow, supported by an engaged workforce with a sharpened focus on our strategic objectives, and a solid robust operating platform. David McCracken Chair, Board of Directors 3