Annual Information Statement 2018

Legal Name: 
Flinders Foundation
ABN: 
66833644600

About the charity

Other names charity is known by (such as trading name): 
  • Flinders Foundation Inc
  • Breakthrough Mental Health Research Foundation
Charity size: 
Large
Is the charity an incorporated association?
Yes
Select the state/territory and enter the incorporated association number: 
SA incorporated association number: A24301
Does the charity intend to fundraise in the next reporting period?
Yes
Select the state/territory where the charity intends to fundraise in the 2018 reporting period: 
  • ACT fundraising number: 19000574
  • NSW fundraising number: CFN/21460
  • QLD fundraising number: CH2163
  • TAS fundraising number: F1A-482
  • WA fundraising number: CC22433
Basic Religious Charity: 
No

Activities and Beneficiaries

Did the charity operate in the 2018 reporting period?
Yes
Main activity: 
Research
Main activities: 
Hospital services and rehabilitation activities
Description of charity's activities and outcomes: 
Through the generous support of the community, Flinders Foundation has supported improved patient care and health and medical research projects across the Flinders medical precinct at Flinders Medical Centre and Flinders University.
Where the charity conducted activities during the 2018 reporting period: 
South Australia
Will the charity change or introduce any activities in the 2019 period?
No
Main beneficiary: 
General community in Australia
Other beneficiaries: 
  • Overseas communities or charities
  • People with chronic illness (including terminal illness)

Annual report

Note: If you want to see the financial report or annual report that this charity has submitted, go back to Financials & Documents.

Human Resources

Human resources: 
  • Full time employees: 11
  • Part time employees: 3
  • Casual employees: 0
  • Full-time equivalent staff (FTE): 13
  • Estimated number of volunteers: 15

Financial Reporting

Charity's 2018 reporting period: 
1 July 2017 to 31 December 2018
Type of financial statement: 
Special purpose financial statements
Financial report consolidated with more than one entity?
Yes
Did your charity have any related party transactions?
Yes
Does your charity have documented policies or processes about related party transactions?
Yes
Financial report submitted to a state/territory regulator?
No

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests: 
$2,358,364.00
Revenue from providing goods or services: 
$0.00
Revenue from government including grants: 
$0.00
Revenue from investments: 
$0.00
All other revenue: 
$2,058,385.00
Total revenue: 
$4,416,749.00
Other income (for example, gains): 
$2,325,199.00
Total gross income: 
$6,741,948.00
Expenses
Employee expenses: 
$2,069,662.00
Interest expenses: 
$347,923.00
Grants and donations made for use in Australia: 
$1,962,085.00
Grants and donations made for use outside Australia: 
$0.00
All other expenses: 
$2,630,185.00
Total expenses: 
$7,009,855.00
Net surplus/(deficit): 
$-267,907.00
Other comprehensive income: 
$0.00
Total comprehensive income: 
$-267,907.00

Balance Sheet extract

Assets
Total current assets: 
$7,210,139.00
Non-current loans receivable: 
$0.00
Other non-current assets: 
$32,963,858.00
Total non-current assets: 
$32,963,858.00
Total assets: 
$40,173,997.00
Liabilities
Total current liabilities: 
$2,819,780.00
Non-current loans payable: 
$4,305,320.00
Other non-current liabilities: 
$0.00
Total non-current liabilities: 
$4,305,320.00
Total liabilities: 
$7,125,100.00
Net assets/liabilities: 
$33,048,897.00