MRC Foundation Limited

MRC Foundation Limited is a medium-scale charity established in 2014. Their main activity is registered as community service organisations primarily serving others - retired racehorses.

Our annual Blue Diamond Gala Ball in February saw 400 guests at Caulfield raise a record $161,000 which will be directed into the welfare of retired racehorses. We dedicated our Australia Day weekend racing meets at Caulfield and Mornington to raise funds toward the recovery effort in Victoria for the bushfires, raising $81,000. Due to COVID 19, one of our staff members was made redundant. Another full time staff member resigned and was not replaced.

MRC Foundation Limited

Employees

Full-time
0
Part-time
0
Casual
0
Volunteers
20

Total employee expenses: $42,392 (7% of revenue).
Average full-time equivalent salary: $0.

Revenue vs Expenses

MRC Foundation Limited has seen an average annual growth of 34% in revenue versus a 25% p.a. increase in expenses. This can be a good sign of financial health.

Grants given out in 2020 for use within Australia: $462,000

Assets vs Liabilities

As of 2020, MRC Foundation Limited has a debt-to-equity (D/E) ratio of 0.03. This is considered safer than average within the charity space.

Sources of Revenue

Sources of Expense

Responsible People

Jared Newton
Secretary
Also represents: MRC Foundation.
Brooke Dawson
Director
Also represents: MRC Foundation.
Amanda Fish
Director
Matthew Cain
Director
Also represents: MRC Foundation.
Joshua Blanksby
Director
Also represents: MRC Foundation.
Patricia Faulkner
Chairperson
Also represents: MRC Foundation.
Teresa Poon
Director
Brittany Carter
Other
Also represents: MRC Foundation.
Paul Hodgson
Director
Possibly also represents: Sunraysia Men's Shed Inc. A0056795J.

Related Entities

MRC Foundation
We helped raise over $220,000 for our 13 charity partners at our annual Foundation Race Day with profits raised going to many worthy causes such as ho…

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ABN
72602872186
Registration Status
Charity is registered.
DGR Status
Not endorsed.

Donations are not tax deductible.

Office Address
Gate 22 Station Street
Caulfield
VIC 3145
Australia
Operating States
VIC
Entity Type
Australian Public Company

A company is a non-individual client type. Company is defined to include a body corporate and any other unincorporated association or body of persons but does not include a partnership or a non-entity joint venture.

Contacts
(03)92577147
[email protected]

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Categories
fund raising, melbourne, victoria, caulfield, vic, Caulfield East