THE TRUSTEE FOR THE FUNDING NETWORK AUSTRALIA ANCILLARY FUND
THE TRUSTEE FOR THE FUNDING NETWORK AUSTRALIA ANCILLARY FUND was. Their main activity is registered as economic, social and community development.
Activities & Outcomes in 2016
The charitable purpose of collaboration, awareness, impact and sustainability was achieved by partnering with charities by hosting collective giving events where individual and corporate donations were made for specific not for profit organisations. Introductions and in-kind support from donors directly to not for profit organisations post events are facilitated.
Total employee expenses: $0 (0% of revenue).
Average full-time equivalent salary: $0.
Revenue vs Expenses
THE TRUSTEE FOR THE FUNDING NETWORK AUSTRALIA ANCILLARY FUND has seen an average annual growth of 14% in revenue versus a -9% p.a. decrease in expenses. This can be a good sign of financial health.
Grants given out in 2016 for use within Australia: $610,295
Assets vs Liabilities
As of 2016, THE TRUSTEE FOR THE FUNDING NETWORK AUSTRALIA ANCILLARY FUND has a debt-to-equity (D/E) ratio of 0.87. This is considered slightly riskier than average within the charity space.
Sources of Revenue
Sources of Expense
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- Registration Status
- Charity registration is voluntarily revoked.
- DGR Status
Donations are not tax deductible.
- Entity Type
A fixed trust is a trust in which persons have fixed entitlements to all of the income and capital of the trust at all times during the income year. That is, the trustee is bound to make a distribution to the beneficiaries in a fixed or predetermined manner, as set out in the trust deed. The fixed entitlement may be a specified fraction or a percentage.
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