Annual Information Statement 2018

Legal Name
BRAIN FOUNDATION
ABN
47008479936

About the charity

Other names charity is known by (such as trading name)
Migraine & Headache Australia
Charity size
Large
Is the charity an incorporated association?
Yes
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
  • ACT fundraising number: 19000596
  • NSW fundraising number: 14081
  • QLD fundraising number: CH0782
  • SA fundraising number: CCP609
Basic Religious Charity
No

Activities and Beneficiaries

Did the charity operate in the 2018 reporting period?
Yes
Main activity
Grant-making activities
Main activities
Research
Description of charity's activities and outcomes
We fund research into brain disorders to Australian researchers.
Where the charity conducted activities during the 2018 reporting period
  • Australian Capital Territory
  • New South Wales
  • Queensland
  • South Australia
  • Tasmania
  • Victoria
  • Western Australia
Will the charity change or introduce any activities in the 2019 period?
No
Main beneficiary
General community in Australia

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: 1
  • Part time employees: 3
  • Casual employees: 0
  • Full-time equivalent staff (FTE): 2.70
  • Estimated number of volunteers: 20

Financial Reporting

Charity's 2018 reporting period
1 July 2017 to 30 June 2018
Type of financial statement
General purpose financial statements
Financial report consolidated with more than one entity?
Yes
Financial report submitted to a state/territory regulator?
Yes
Type of organisation
My charity is a charitable fundraising organisation
State or territory of the regulator where financial report was submitted
Western Australia

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$1,210,031.00
Revenue from providing goods or services
$52,196.00
Revenue from government including grants
$0.00
Revenue from investments
$351,156.00
All other revenue
$3,635.00
Total revenue
$1,617,018.00
Other income (for example, gains)
$0.00
Total gross income
$1,617,018.00
Expenses
Employee expenses
$317,967.00
Interest expenses
$36,974.00
Grants and donations made for use in Australia
$533,000.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$548,857.00
Total expenses
$1,436,798.00
Net surplus/(deficit)
$180,220.00
Other comprehensive income
$307,336.00
Total comprehensive income
$487,556.00

Balance Sheet extract

Assets
Total current assets
$828,019.00
Non-current loans receivable
$6,493,162.00
Other non-current assets
$0.00
Total non-current assets
$6,493,162.00
Total assets
$7,321,181.00
Liabilities
Total current liabilities
$1,142,329.00
Non-current loans payable
$12,863.00
Other non-current liabilities
$0.00
Total non-current liabilities
$12,863.00
Total liabilities
$1,155,192.00
Net assets/liabilities
$6,165,989.00