Annual Information Statement 2017

Legal Name: 
General Sir John Monash Foundation
ABN: 
78099065184

Section A: Charity Information

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: 
Other education
Main activities: 
Higher education
Description of charity's activities and outcomes: 
Provision of 20 scholarships for post graduate studies overseas. The Scholars will study diverse disciplines including plant science, physics, engineering, marine science, medicine, public health, foreign policy and international relations, Journalism, education, heritage, history and fine art at over 10 overseas prestigious universities. Our mission is to invest in outstanding Australians from all fields of endeavour who demonstrate remarkable qualities of leadership and have the ability to deliver outcomes and inspire others for the benefit of Australia.
Main beneficiary: 
General community in Australia
Other beneficiaries: 
  • Females
  • Males
  • Youth - aged 15 to under 25
  • Adults - aged 25 to under 65
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: 5
  • Part time employees: 4
  • Casual employees: 2
  • Full-time equivalent staff (FTE): 4
  • Estimated number of volunteers: 150

Section D: Finance

Charity's 2017 reporting period: 
1 July 2016 to 30 June 2017
Type of financial statement: 
Special purpose financial statements
Financial report consolidated with more than one entity?
No
Did your charity have any related party transactions?
Yes
Does your charity have documented policies or processes about related party transactions?
Yes

Comprehensive Income Statement summary

Gross Income
Donations and bequests: 
$3,813,677.00
Revenue from providing goods or services: 
$0.00
Revenue from government including grants: 
$500,000.00
Revenue from investments: 
$1,989,045.00
All other revenue: 
$0.00
Total revenue: 
$6,302,722.00
Other income (for example, gains): 
$0.00
Total gross income: 
$6,302,722.00
Expenses
Employee expenses: 
$533,606.00
Interest expenses: 
$0.00
Grants and donations made for use in Australia: 
$2,860,000.00
Grants and donations made for use outside Australia: 
$0.00
All other expenses: 
$289,843.00
Total expenses: 
$3,683,449.00
Net surplus/(deficit): 
$2,619,273.00
Other comprehensive income: 
$0.00
Total comprehensive income: 
$2,619,273.00

Balance Sheet extract

Assets
Total current assets: 
$8,038,115.00
Non-current loans receivable: 
$0.00
Other non-current assets: 
$26,855,291.00
Total non-current assets: 
$26,855,291.00
Total assets: 
$34,893,406.00
Liabilities
Total current liabilities: 
$1,902,570.00
Non-current loans payable: 
$0.00
Other non-current liabilities: 
$2,324,743.00
Total non-current liabilities: 
$2,324,743.00
Total liabilities: 
$4,227,313.00
Net assets/liabilities: 
$30,666,093.00
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?
No
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: 
  • NSW fundraising number: 24726
  • VIC fundraising number: 14272