Malcorp Biodiscoveries Limited — Health Charity in Wellington
Malcorp Biodiscoveries Limited is a Trust charity in the Health sector, based in Wellington, Wellington. Annual revenue: $32.5M NZD. Financial data as at July 2025.
Malcorp Biodiscoveries Limited's finances are included in the consolidated accounts filed by The Malaghan Institute of Medical Research (CC10357). The registrations report largely the same money — adding their revenue together counts it twice.
Mission: the furthering of the charitable purpose of Malaghan Institute of Medical Research
- Registration Number
- CC27687
- Charity Type
- Trust
- Registration Date
- 2008-06-30
- Status
- Active
- Sector
- Health
- Location
- Wellington, Wellington
- Data as at
- July 2025
Beneficiaries: Children / young people, Family / whanau, General public, Older people, People of a certain ethnic / racial origin
Financial Summary
- Total Revenue
- $32.5M NZD
- Total Expenses
- $27.6M NZD
- Total Assets
- $58.4M NZD
- Net Assets
- $48.6M NZD
- Reserve Months
- 0.0 months of operating expenses
- Financial Year End
- 2025-07-31
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2025 | $32.5M | $27.6M | $48.6M |
| 2024 | $30.3M | $26.7M | $43.8M |
| 2023 | - | - | - |
| 2022 | - | - | - |
| 2021 | - | - | - |
| 2020 | $15.9M | $13.2M | $23.4M |
| 2019 | $14.7M | $12.4M | $21.2M |
| 2018 | - | - | - |
| 2017 | $16.8M | $11.9M | $18.1M |
| 2016 | - | - | - |
Board Members and Officers
Current Officers (1)
| Name | Role | Appointed |
|---|---|---|
| David Downs | Director | 2025-05-29 |
Former Officers (7)
- Paul Collins — Director
- Michelle SULLIVAN — Director
- Tim Bennett — Director (departed 2023-12-13)
- Matthew Malaghan — Director (departed 2019-10-03)
- Graham Le Gros — Director
- John Beattie — Director (departed 2019-11-21)
- Graham Malaghan — Director (departed 2023-12-13)
Executive Compensation
| Name | Role | Compensation | Year |
|---|---|---|---|
| Bruce Mackenzie | Chair | - | 2025 |
| Alison Andrew | Trustee | - | 2025 |
| Robert Livingstone | Trustee | - | 2021 |
| Grant McCallum | Trustee | - | 2020 |
| Rob McCallum | Trustee | - | 2025 |
| Dr. Michael Chen | Chair | - | 2023 |
| David Maling | Chair | - | 2020 |
| David Hamill | Chair | - | 2024 |
| Dr Paul Teesdale-Spittle | Trustee | - | 2021 |
| Vern Hartshorn | Trustee | - | 2020 |
| David Peever | Trustee | - | 2025 |
| Michael Prinsloo | Chair | - | 2021 |
| Claudia Batten | Trustee | - | 2025 |
| Philip Spaanderman | Trustee | - | 2024 |
| Dr Wayne McNee | Trustee | - | 2021 |
| Gareth Evans | Trustee | - | 2024 |
Service Providers
- Pam Thompson
Similar Charities in Health
- Age Concern Canterbury Incorporated — Health
- Ronald McDonald House Charities New Zealand Trust — Health
- Bidwill Trust Hospital — Health
- Te Poho o Rawiri Marae — Health
- ANZUP Cancer Trials Group Limited — Health
Malcorp Biodiscoveries Limited
Financial data as at July 2025. Sourced from Charities Services register.
This entity is registered as a charity but functions as a property, trading, or investment vehicle held by a service-delivering parent (a church, school, hospital, professional association, or similar). Its purpose is to hold or trade assets on the parent's behalf — not to deliver programs to public beneficiaries on its own books. The standard charity rating template (program-vs-administration split, reserve-months, fundraising efficiency) doesn't apply at the subsidiary level — those signals are meaningful at the parent level. A letter grade is withheld here rather than producing a misleading F driven by template-fit. Look up the parent charity by name for its rating.
How ratings work →Reasons to look carefully (1)
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 4. 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.
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.
$32.5M
$27.6M
$58.4M
Financial data from Charities Services annual return (FY2025). Ratings calculated using CharityData v3.1.1 methodology.
Subsidiary
Special Entity TypeThis organization is a subsidiary or branch of a parent charity.
Relationship: consolidated_subsidiary
About
the furthering of the charitable purpose of Malaghan Institute of Medical Research
Who We Serve
Key Statistics
Financial Trends
Financial Trends (18 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 10 peers · Health · $10M – $50M
Top Peers in Group
Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.
Rating History
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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. Last updated: 28 September 2026.
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