Gillies McIndoe Research Institute — Education Charity in Wellington
Gillies McIndoe Research Institute is a Charitable Trust charity in the Education sector, based in Wellington, Wellington. CharityData rates this charity C+ (68.5/100). Annual revenue: $1.9M NZD. Financial data as at March 2026.
Mission: To find better ways of relieving human suffering through paradigm-changing medical science research.
- Registration Number
- CC43660
- Charity Type
- Charitable Trust
- Registration Date
- 2010-02-21
- Status
- Active
- CharityData Rating
- C+ (68.5/100)
- Sector
- Education
- Location
- Wellington, Wellington
- david.hulston@bakertillysr.nz
- Data as at
- March 2026
Beneficiaries: Children / young people, General public, People with disabilities
Financial Summary
- Total Revenue
- $1.9M NZD
- Total Expenses
- $1.9M NZD
- Total Assets
- $5.6M NZD
- Net Assets
- $5.3M NZD
- Reserve Months
- 31.0 months of operating expenses
- Staff Count
- 6
- Financial Year End
- 2026-03-31
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2026 | $1.9M | $1.9M | $5.3M |
| 2025 | $2.3M | $2.0M | $5.3M |
| 2024 | $3.2M | $2.1M | $5.0M |
| 2023 | $2.1M | $1.6M | $3.8M |
| 2022 | $3.7M | $1.8M | $3.3M |
| 2021 | $1.4M | $2.1M | $1.4M |
| 2020 | $2.1M | $2.3M | $2.1M |
| 2019 | $2.2M | $2.3M | $2.4M |
| 2018 | $2.4M | $2.3M | $2.5M |
| 2017 | $2.2M | $2.1M | $2.4M |
CharityData Rating
- Overall Grade
- C+
- Overall Score
- 68.5/100
- Financial Score
- 70
- Governance Score
- 65
- Transparency Score
- 65
Board Members and Officers
Current Officers (2)
| Name | Role | Appointed |
|---|---|---|
| Timothy Gibson | Trustee | 2025-09-18 |
| Julian Cook | Trustee | 2025-05-08 |
Former Officers (18)
- Dawn Elder — Trustee
- Peter Ryan — Trustee
- Mark Hargreaves — Trustee
- Lorraine Thomson — Trustee (departed 2024-06-18)
- Trevor FitzJohn — Trustee
- Graeme Blair — Trustee (departed 2017-09-11)
- Jane Parker — Trustee (departed 2018-10-09)
- Virginia Hope — Trustee (departed 2016-12-13)
- Swee Tan — Trustee
- Paul Baines — Trustee (departed 2023-06-27)
- Catherine Collings — Trustee (departed 2014-02-11)
- David Hulston — Trustee
- Peter Glensor — Trustee (departed 2017-09-11)
- Graham Langridge — Trustee (departed 2011-12-01)
- Christopher Rickit — Trustee (departed 2012-05-24)
- Colin Calcinai — Trustee (departed 2012-05-23)
- Peter Crampton — Trustee (departed 2012-04-02)
- Paul Davis — Trustee
Funding Sources
- New Zealand Community Trust — $127,140
- New Zealand Community Trust — $127,140
Similar Charities in Education
- South Pacific College Of Natural Medicine Inc — Education
- Crossways Community Creche Incorporated — Education
- Christchurch Rudolf Steiner School Trust — Education
- Sathya Sai Preschool Rongomai — Education
- Ashburton Kindergarten Association Incorporated — Education
Gillies McIndoe Research Institute
Financial data as at March 2026. Sourced from Charities Services register.
Reasons to look carefully (2)
These structural observations are drawn from public data and are worth considering before a donation. They are not allegations of wrongdoing, and they don’t affect the charity’s letter grade.
- No chair recorded on the registerNo chair or presiding role is recorded in the register for this board of 7. The Charities Register does not require one to be identified, so this is a gap in the public record rather than a finding about the board.
- Same audit firm for many yearsSame audit firm (Grant Thornton New Zealand Audit Limited) for 5 consecutive years — best practice rotates audit firms periodically to refresh independent oversight
Each signal is a data-driven observation, not a judgement. They fire automatically from the figures filed with Charities Services. A charity can address any of these by filing fuller disclosure or updating its officer register. Methodology: /about/methodology/concern-signals.
$1.9M
$1.9M
$5.6M
6
Financial data from Charities Services annual return (FY2026). Ratings calculated using CharityData v3.1.1 methodology.
Endowment Foundation
Special Entity TypeThis is an endowment foundation that holds investments and provides grants. High reserves are expected and appropriate - this is not an operating charity.
Rating Note: Endowment foundations are rated using specialized criteria that recognize high reserves as appropriate. Metrics like grant distribution rate and investment returns are prioritized over program spending ratios.
About
To find better ways of relieving human suffering through paradigm-changing medical science research.
Who We Serve
Key Statistics
Financial Trends
Financial Trends (16 Years)
Revenue Breakdown
Expense Breakdown
API DataBased on annual return data. Detailed program/admin breakdown not available.
Financial Health Dashboard
Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology
Revenue Diversification
HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.
Peer Comparison
Ranked against 49 peers · Education · $1M – $10M
Top Peers in Group
Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.
Rating
C+Is this your charity?
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FY2025Contact Details
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Sector & Activities
Data sourced from Charities Services register and publicly available annual returns. Our datasets may not be complete. Automated analysis can produce errors. Scores are calculated using disclosed methodology and are analytical tools, not investment ratings or recommendations. If you believe any data on this page is incorrect, please contact us at hello@charitydata.co.nz. For informational purposes only. Not investment advice.
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