THE TRUSTEE FOR SMEC FOUNDATION AUSTRALIA FUND

THE TRUSTEE FOR SMEC FOUNDATION AUSTRALIA FUND is a small-scale charity established in 2008. Their main activity is registered as community food systems primarily serving people in rural/regional/remote communities financially disadvantaged people overseas communities or charities.

The SMEC Foundation's Principal Purpose in its Trust Deed is to provide money, property or benefits to 'Eligible Charities', or for the establishment of 'Eligible Charities'. The SMEC Foundation has achieved its Principal Purpose by donating to Eligible Charities throughout the period. The SMEC Foundation's philosophy is that a small amount of money, spent wisely, can produce far-reaching social and economic benefits. The SMEC Foundation aims to improve the quality of life for people who live in geographic regions where SMEC has a presence, by addressing the root causes of poverty and assisting communities (and individuals) to become more self-sufficient. The SMEC Foundation focuses on projects in the areas of health, education, environment, community development and emergency relief. Donations in 2020 are referred to at item AF3.

THE TRUSTEE FOR SMEC FOUNDATION AUSTRALIA FUND

Who They Help

  • Youth - 15 to under 25
  • People in rural/regional/remote communities
  • Overseas communities or charities
  • Financially disadvantaged people
  • Early childhood - aged under 6
  • Children - aged 6 to under 15

Employees

Full-time
0
Part-time
0
Casual
0
Volunteers
25

Total employee expenses: $0 (0% of revenue).
Average full-time equivalent salary: $0.

Revenue vs Expenses

THE TRUSTEE FOR SMEC FOUNDATION AUSTRALIA FUND has seen an average annual growth of 7% in revenue versus a 26% p.a. increase in expenses. This imbalance can sometimes mean a challenge for long-term financial management.

Grants given out in 2020 for use outside of Australia: $104,655

Assets vs Liabilities

Sources of Revenue

Sources of Expense

Responsible People

Philip Wilcox
Director
Possibly also represents: Fairfield Baptist Church Townsville.
Katie O'malley
Director
Angus Macpherson
Director
Roger Bayliss
Director

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ABN
64625383131
Registration Status
Charity is registered.
DGR Status
Endorsed

Donations can be claimed as a tax deduction. (Endorsed DGR - Private Ancillary Fund).

Office Address
L 5 20 Berry St
North Sydney
2060
Australia
Operating Countries
Ethiopia, Kenya, Nepal, Viet Nam
Entity Type
Discretionary Investment Trust

The main source of income of the discretionary trust is from investment activities.

Contacts
03 9514 1707
[email protected]

Website
Categories
health, community, trustee, nsw, education, money, melbourne, quality of life, poverty, emergency relief, charities, vic, community development, north sydney