Annual Information Statement 2019

Legal Name: 
General Sir John Monash Foundation
ABN: 
78099065184

About the charity

Website: 
www.johnmonash.com
Charity size: 
Large
Fundraising online: 
Yes
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 2019 reporting period: 
  • NSW fundraising number: 24726
  • VIC fundraising number: 14272
Basic Religious Charity: 
No

Activities and Beneficiaries

Did the charity operate in the 2019 reporting period?
Yes
Main activity: 
Other education
Main activities: 
  • Higher education
  • Other
    • Providing scholarships.
Description of charity's activities and outcomes: 
We awarded 20 Scholarships for post graduate studies overseas.

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.

https://www.johnmonash.com/about-us
Where the charity conducted activities during the 2019 reporting period: 
  • Australian Capital Territory
  • New South Wales
  • Northern Territory
  • Queensland
  • South Australia
  • Tasmania
  • Victoria
  • Western Australia
  • Overseas / outside of Australia
  • Other Countries
    • United Kingdom
    • United States
Will the charity change or introduce any activities in the 2020 period?
No
Main beneficiary: 
General community in Australia
Other beneficiaries: 
  • Females
  • Males
  • Youth - aged 15 to under 25
  • Adults - aged 25 to under 65

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: 3
  • Part time employees: 2
  • Casual employees: 0
  • Full-time equivalent staff (FTE): 4.40
  • Estimated number of volunteers: 150

Financial Reporting

Charity's 2019 reporting period: 
1 July 2018 to 30 June 2019
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
Financial report submitted to a state/territory regulator?
No

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests: 
$2,903,700.00
Revenue from providing goods or services: 
$0.00
Revenue from government including grants: 
$2,780,000.00
Revenue from investments: 
$1,977,330.00
All other revenue: 
$0.00
Total revenue: 
$7,661,030.00
Other income (for example, gains): 
$0.00
Total gross income: 
$7,661,030.00
Expenses
Employee expenses: 
$535,770.00
Interest expenses: 
$0.00
Grants and donations made for use in Australia: 
$1,900,000.00
Grants and donations made for use outside Australia: 
$0.00
All other expenses: 
$292,259.00
Total expenses: 
$2,728,029.00
Net surplus/(deficit): 
$4,933,001.00
Other comprehensive income: 
$0.00
Total comprehensive income: 
$4,933,001.00

Balance Sheet extract

Assets
Total current assets: 
$7,981,095.00
Non-current loans receivable: 
$0.00
Other non-current assets: 
$33,252,793.00
Total non-current assets: 
$33,252,793.00
Total assets: 
$41,233,888.00
Liabilities
Total current liabilities: 
$2,567,962.00
Non-current loans payable: 
$0.00
Other non-current liabilities: 
$1,494,622.00
Total non-current liabilities: 
$1,494,622.00
Total liabilities: 
$4,062,584.00
Net assets/liabilities: 
$37,171,304.00