Annual Information Statement 2016

Legal Name
BRAIN FOUNDATION
ABN
47008479936

Section A: Charity Information

Charity size
Large
Basic Religious Charity
No

Section B: Activities

Did the charity operate in the 2016 reporting period?
Yes
Main activity
Grant-making activities
Main activities
Research
Estimated percentage of charity's grant funding that was
Granted through a public or open application process, or similar: 100%
Description of charity's activities and outcomes
Provided updated information to the community about brain and spine disorders and injuries and funded a large number of leading research projects.
Will the charity change or introduce any activities in the 2017 period?
No
Where the charity conducted activities during the 2016 reporting period
  • Australian Capital Territory
  • New South Wales
  • Northern Territory
  • Queensland
  • South Australia
  • Tasmania
  • Victoria
  • Western Australia
Who was helped most by the charity's activities in the reporting period
General community within Australia

Section C: Human Resources

Human resources
  • Full time employees: 1
  • Part time employees: 3
  • Estimated number of volunteers: 150

Section D: Finance

Type of financial statement
General purpose financial statements
Financial report consolidated with more than one entity?
Yes
Did your charity have any related party transactions?
No
Does your charity have documented policies or processes about related party transactions?
No
Charity's 2016 reporting period
1 July 2015 to 30 June 2016
Financial report submitted to a state/territory regulator?
Yes
2016 Financial report
Note: If you want to see the financial report or annual report that this charity has submitted, go back to Financials & Documents.
State or territory of the regulator where financial report was submitted
  • New South Wales
  • Queensland
  • Western Australia

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$1,148,694.00
Revenue from government including grants
$0.00
All other revenue
$109,540.00
Total revenue
$1,258,234.00
Other income (for example, gains)
$276,824.00
Total gross income
$1,535,058.00
Expenses
Employee expenses
$297,707.00
Interest expenses
$68,531.00
Grants and donations made for use in Australia
$549,000.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$451,636.00
Total expenses
$1,366,874.00
Net surplus/(deficit)
$168,184.00
Other comprehensive income
$0.00
Total comprehensive income
$168,184.00

Balance Sheet extract

Assets
Total current assets
$517,321.00
Non-current loans receivable
$0.00
Other non-current assets
$3,730,159.00
Total non-current assets
$3,730,159.00
Total assets
$4,247,480.00
Liabilities
Total current liabilities
$1,634,942.00
Non-current loans payable
$0.00
Other non-current liabilities
$32,374.00
Total non-current liabilities
$32,374.00
Total liabilities
$1,667,316.00
Net assets/liabilities
$2,580,164.00