Annual Information Statement 2017

Legal Name
The Sir Robert Menzies Memorial Foundation Limited
ABN
43008543897

Section A: Charity Information

Other names charity is known by (such as trading name)
  • Menzies Foundation
  • The Sir Robert Menzies Memorial Foundation Limited
Charity size
Large
Fundraising online
Yes
Basic Religious Charity
No

Section B: Activities

Did the charity operate in the 2017 reporting period?
Yes
Main activity
Grant-making activities
Description of charity's activities and outcomes
The Foundation underwent a period of strategic review, whilst continuing to fund forward commitments in scholarships and medical research.Over the course of the year the Foundation determined that it would focus on three priority areas going forward: entrepreneurship in science, school leadership and scholarship in law to support the Australian community to grapple with complex global legal issues.
Main beneficiary
General community in Australia
Where the charity conducted activities during the 2017 reporting period
  • Australian Capital Territory
  • New South Wales
  • Northern Territory
  • Queensland
  • South Australia
  • Tasmania
  • Victoria
  • Western Australia
Will the charity change or introduce any activities in the 2018 period?
No

Section C: Human Resources

Human resources
  • Full time employees: 2
  • Part time employees: 2
  • Casual employees: 0
  • Full-time equivalent staff (FTE): 3
  • Estimated number of volunteers: 0

Section D: Finance

Charity's 2017 reporting period
1 January 2017 to 31 December 2017
Type of financial statement
General purpose financial statements
Financial report consolidated with more than one entity?
No
Did your charity have any related party transactions?
No
Does your charity have documented policies or processes about related party transactions?
No

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$111,849.00
Revenue from providing goods or services
$204.00
Revenue from government including grants
$0.00
Revenue from investments
$2,181,811.00
All other revenue
$128,453.00
Total revenue
$2,422,317.00
Other income (for example, gains)
$646,117.00
Total gross income
$3,068,434.00
Expenses
Employee expenses
$520,822.00
Interest expenses
$0.00
Grants and donations made for use in Australia
$854,985.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$325,785.00
Total expenses
$1,701,592.00
Net surplus/(deficit)
$1,366,842.00
Other comprehensive income
$0.00
Total comprehensive income
$1,366,842.00

Balance Sheet extract

Assets
Total current assets
$27,809,353.00
Non-current loans receivable
$0.00
Other non-current assets
$0.00
Total non-current assets
$0.00
Total assets
$27,809,353.00
Liabilities
Total current liabilities
$86,697.00
Non-current loans payable
$9,767.00
Other non-current liabilities
$0.00
Total non-current liabilities
$9,767.00
Total liabilities
$96,464.00
Net assets/liabilities
$27,712,889.00
Financial report submitted to a state/territory regulator?
No

Section E: Annual report

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

Section F: Reporting to state or territory regulators

Is the charity an incorporated association?
Yes
Does the charity intend to fundraise in the next reporting period?
Yes