Annual Information Statement 2018

Legal Name
AusSchol Incorporated
ABN
83420919581

About the charity

Other names charity is known by (such as trading name)
Australian Scholarships Foundation
Charity size
Large
Fundraising online
No
Is the charity an incorporated association?
Yes
Select the state/territory and enter the incorporated association number
NSW incorporated association number: INC0580823
Does the charity intend to fundraise in the next reporting period?
No
Basic Religious Charity
No

Activities and Beneficiaries

Did the charity operate in the 2018 reporting period?
Yes
Main activity
Employment and training
Main activities
  • Higher education
  • Other education
Description of charity's activities and outcomes
The Australian Scholarships Foundation – ASF - is the only Australian organisation solely focused on funding and facilitating scholarships for Australian not for profit (NFP) directors and staff to undertake education, training and mentoring programs that improve their ability to lead and manage their organisations.
Where the charity conducted activities during the 2018 reporting period
New South Wales
Will the charity change or introduce any activities in the 2019 period?
No
Main beneficiary
Adults - aged 25 to under 65
Other beneficiaries
  • General community within Australia
  • Other charities

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: 0
  • Part time employees: 0
  • Casual employees: 0
  • Full-time equivalent staff (FTE): 1.80
  • Estimated number of volunteers: 10

Financial Reporting

Charity's 2018 reporting period
1 January 2018 to 31 December 2018
Type of financial statement
Special purpose financial statements
Financial report consolidated with more than one entity?
No
Financial report submitted to a state/territory regulator?
No

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$1,613,457.00
Revenue from providing goods or services
$0.00
Revenue from government including grants
$0.00
Revenue from investments
$5,284.00
All other revenue
$0.00
Total revenue
$1,618,741.00
Other income (for example, gains)
$0.00
Total gross income
$1,618,741.00
Expenses
Employee expenses
$0.00
Interest expenses
$0.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$993,528.00
Total expenses
$993,528.00
Net surplus/(deficit)
$625,213.00
Other comprehensive income
$0.00
Total comprehensive income
$625,213.00

Balance Sheet extract

Assets
Total current assets
$1,429,867.00
Non-current loans receivable
$0.00
Other non-current assets
$0.00
Total non-current assets
$0.00
Total assets
$1,429,867.00
Liabilities
Total current liabilities
$81,018.00
Non-current loans payable
$0.00
Other non-current liabilities
$0.00
Total non-current liabilities
$0.00
Total liabilities
$81,018.00
Net assets/liabilities
$1,348,849.00