Annual Information Statement 2017

Legal Name
The Board of Benevolence and Of Aged Masons Widows and Orphans' Fund
ABN
54216065828

Section A: Charity Information

Other names charity is known by (such as trading name)
  • Board of Benevolence
  • Hand Heart Pocket
  • Hand Heart Pocket the Charity of Freemasons Queensland
Charity size
Large
Basic Religious Charity
No

Section B: Activities

Did the charity operate in the 2017 reporting period?
Yes
Main activity
Grant-making activities
Main activities
  • Aged care activities
  • Emergency and relief
  • Income support and maintenance
Description of charity's activities and outcomes
Supported community projects including those nominated by local Freemasons and contributed to disaster relief. Bequests were managed to fund projects such as facilities for Horizons Respite and Recreation Association Inc. Provided aged care and retirement living services at one location up to 31 August 2016.
Main beneficiary
Other charities
Other beneficiaries
  • Financially disadvantaged people
  • People at risk of homelessness/ people experiencing homelessness
  • Unemployed persons
  • Victims of disaster
Where the charity conducted activities during the 2017 reporting period
Queensland
Will the charity change or introduce any activities in the 2018 period?
No

Section C: Human Resources

Human resources
  • Full time employees: 6
  • Part time employees: 6
  • Casual employees: 1
  • Full-time equivalent staff (FTE): 9
  • Estimated number of volunteers: 10

Section D: Finance

Charity's 2017 reporting period
1 July 2016 to 30 June 2017
Type of financial statement
General purpose financial statements - reduced disclosure regime
Financial report consolidated with more than one entity?
Yes

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$512,835.00
Revenue from providing goods or services
$284,442.00
Revenue from government including grants
$558,004.00
Revenue from investments
$7,229,276.00
All other revenue
$470,289.00
Total revenue
$9,054,846.00
Other income (for example, gains)
$2,274,456.00
Total gross income
$11,329,302.00
Expenses
Employee expenses
$2,185,358.00
Interest expenses
$0.00
Grants and donations made for use in Australia
$2,255,040.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$2,441,865.00
Total expenses
$6,882,263.00
Net surplus/(deficit)
$4,447,039.00
Other comprehensive income
$-872,294.00
Total comprehensive income
$3,574,745.00

Balance Sheet extract

Assets
Total current assets
$88,118,395.00
Non-current loans receivable
$0.00
Other non-current assets
$104,413,511.00
Total non-current assets
$104,413,511.00
Total assets
$192,531,906.00
Liabilities
Total current liabilities
$1,315,028.00
Non-current loans payable
$0.00
Other non-current liabilities
$72,654.00
Total non-current liabilities
$72,654.00
Total liabilities
$1,387,682.00
Net assets/liabilities
$191,144,224.00
Financial report submitted to a state/territory regulator?
Yes
State or territory of the regulator where financial report was submitted
Queensland

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
QLD fundraising number: CH2627