Annual Information Statement 2020

Legal Name
Australian Flora Foundation Inc
ABN
14758725506

About the charity

Charity size
Small
Does the charity fundraise online?
Yes
Is the charity an incorporated association?
Yes
Select the state/territory and enter the incorporated association number
NSW incorporated association number: Y0517438
Does the charity intend to fundraise in the next reporting period?
Yes
Is the charity a Basic Religious Charity?
No

Charity programs

Program name
Australian Flora Foundation scientific research grant progam
Program classification
Botany
Program locations
Australia
Program operated online
Yes
Program beneficiaries
  • Youth - 15 to under 25
  • Adults - aged 25 to under 65
  • Environment
Program website

Description of the charities activities and outcomes
We raise money by public donations supplemented by income from invested bequests to support scientific research into the Australian flora through a grant program.
We have an annual call for grant applications; in 2020, five grants were selected from approximately 20 applications for support. T
Total expenditure on grants in 2019-20 was $56,318.

Human Resources

Employees and volunteers
  • Full time employees: 0
  • Part time employees: 0
  • Casual employees: 0
  • Full-time equivalent staff (FTE): 0
  • Estimated number of volunteers: 9

Financial Reporting

Charity's 2020 reporting period
1 July 2019 to 30 June 2020
Accounting method used in the 2020 reporting period
Accrual

Income and Expenses

Income Statement summary

Revenue/receipts
Donations and bequests
$15,570.00
Revenue from providing goods or services
$0.00
Revenue from government including grants
$0.00
Revenue from investments
$33,347.00
Other revenue/receipts
$7,752.00
Total revenue/receipts
$56,669.00
Other income (for example, gains)
$0.00
Total income/receipts
$56,669.00
Expenses/Payments
Employee expenses/payments
$0.00
Grants and donations made for use in Australia
$50,161.00
Grants and donations made for use outside Australia
$0.00
Other expenses/payments
$44,682.00
Total expenses/payments
$94,843.00
Net surplus/(deficit)
$-38,174.00

Balance Sheet Extract

Total assets
$968,141.00
Total liabilities
$63,999.00
Net assets/liabilites
$904,142.00