Annual Information Statement 2017

Legal Name
Flinders Foundation
ABN
66833644600

Section A: Charity Information

Other names charity is known by (such as trading name)
  • Flinders Foundation Inc
  • Breakthrough Mental Health Research Foundation
Charity size
Large
Fundraising online
No
Basic Religious Charity
No

Section B: Activities

Did the charity operate in the 2017 reporting period?
Yes
Main activity
Other health service delivery
Main activities
  • Other philanthropic intermediaries and voluntarism promotion
  • Other
    • Health Research, Patient Care, Equipment & Facilities
Description of charity's activities and outcomes
The Flinders Foundations Inc has donated funds for equipment, medical research and patient care projects for the Flinders Medical Centre and Flinders University. The support of the community through our appeals, events and campaigns enables us to support the work on the Flinders Precinct.At Flinders Foundation our purpose is you. We want you, our community, to live a longer and happier life. We want you to overcome disease and illness so you can spend more time with the people you love. And while youre fighting, we want to ease your pain, suffering and concern, and your familys too. Thats why every day, our team works to support the leading clinicians and researchers across Flinders Medical Centre and Flinders University to deliver better research, treatment and care and ensure they are equipped with the latest technology, in the best environment. From cancer and mental health, to neonatal care, and everything in between - were working together to prevent, cure and care. Thanks to enormous support from across the community, answers are being uncovered and significant medical breakthroughs at Flinders are having a global impact. But theres still such a long way to go. Help bring us closer to life-saving research and patient care. Because our purpose is you.
Main beneficiary
General community in Australia
Other beneficiaries
  • Overseas communities or charities
  • People with chronic illness (including terminal illness)
Where the charity conducted activities during the 2017 reporting period
South Australia
Will the charity change or introduce any activities in the 2018 period?
No

Section C: Human Resources

Human resources
  • Full time employees: 11
  • Part time employees: 2
  • Casual employees: 2
  • Full-time equivalent staff (FTE): 12
  • Estimated number of volunteers: 25

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?
Yes

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$1,037,925.00
Revenue from providing goods or services
$0.00
Revenue from government including grants
$0.00
Revenue from investments
$0.00
All other revenue
$1,226,233.00
Total revenue
$2,264,158.00
Other income (for example, gains)
$1,032,631.00
Total gross income
$3,296,789.00
Expenses
Employee expenses
$1,251,227.00
Interest expenses
$224,189.00
Grants and donations made for use in Australia
$1,682,844.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$1,502,521.00
Total expenses
$4,660,781.00
Net surplus/(deficit)
$-1,363,992.00
Other comprehensive income
$0.00
Total comprehensive income
$-1,363,992.00

Balance Sheet extract

Assets
Total current assets
$8,180,321.00
Non-current loans receivable
$0.00
Other non-current assets
$31,585,938.00
Total non-current assets
$31,585,938.00
Total assets
$39,766,259.00
Liabilities
Total current liabilities
$2,483,357.00
Non-current loans payable
$3,966,098.00
Other non-current liabilities
$0.00
Total non-current liabilities
$3,966,098.00
Total liabilities
$6,449,455.00
Net assets/liabilities
$33,316,804.00
Financial report submitted to a state/territory regulator?
Yes
State or territory of the regulator where financial report was submitted
South Australia

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