The $150,000 prize was not awarded in 2023 and will not be back this year as organisers look at ‘the different options we have’
The 2022 Doug Moran prize winner Graeme Drendel with the subject of his portrait, artist Lewis Miller . The prize has not been handed out since then.The 2022 Doug Moran prize winner Graeme Drendel with the subject of his portrait, artist Lewis Miller . The prize has not been handed out since then.
Peter Moran, the son of Doug Moran and managing director of the Moran Health Care Group, told Guardian Australia the prizes had been “put on hold”. According to the most recent financial information lodged with the Australian Charities and Not-for profits Commission, the foundation’s liabilities outstripped its assets by more than $950,000 at the end of 2022. The foundation had received just $81,683 from its sole source of income, the Moran Health Care Group, compared with $524,551 in 2018.“And I don’t see that changing, we support the foundation as and when it is needed,” he said.
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