Otago Medical Research Foundation Incorporated — Health Charity in Dunedin

Otago Medical Research Foundation Incorporated is a Trust charity in the Health sector, based in Dunedin, Dunedin. CharityData rates this charity B+ (83.2/100). Annual revenue: $0.7M NZD. Financial data as at March 2025.

Mission: The furtherance of Medical Research in Otago

Registration Number
CC33444
Charity Type
Trust
Registration Date
2008-06-30
Status
Active
CharityData Rating
B+ (83.2/100)
Sector
Health
Location
Dunedin, Dunedin
Data as at
March 2025

Beneficiaries: General public

Financial Summary

Total Revenue
$0.7M NZD
Total Expenses
$0.8M NZD
Total Assets
$4.4M NZD
Net Assets
$4.2M NZD
Reserve Months
2.7 months of operating expenses
Staff Count
1
Volunteers
0
Financial Year End
2025-03-31

Financial History

YearRevenueExpensesNet Assets
2025$0.7M$0.8M$4.2M
2024$0.6M$0.8M$4.3M
2023$0.7M$0.9M$4.5M
2022$0.6M$0.7M$4.7M
2021$0.7M$1.0M$4.8M
2020$0.9M$1.0M$5.2M
2019$1.1M$0.9M$5.3M
2018$1.0M$0.8M$5.1M
2017$0.9M$0.9M$4.9M
2016$0.9M$0.8M$5.0M

CharityData Rating

Overall Grade
B+
Overall Score
83.2/100
Financial Score
91
Governance Score
65
Transparency Score
65
Program Spending Ratio
0.5%

Board Members and Officers

Current Officers (2)

NameRoleAppointed
Andrew ReynoldsCouncil Member2026-03-10
Pat CraggCouncil Member2020-04-01

Former Officers (44)

  • Julia Horsfield — Council Member
  • Emily Gray — Council Member
  • Suetonia Green — Council Member (departed 2025-12-09)
  • Kurt Krause — Council Member
  • Tania Slatter — Council Member
  • Shyamal Das — Council Member (departed 2024-12-10)
  • Louisa Homersham — Council Member
  • Jo Baxter — Council Member (departed 2024-05-29)
  • Neil Gemmell — Council Member (departed 2024-05-29)
  • Gisela Sole — Council Member (departed 2022-12-01)
  • Patricia Cragg — Council Member
  • Brian Hyland — Council Member (departed 2021-12-07)
  • Rathan Subramaniam — Council Member (departed 2021-12-07)
  • Heather Cunliffe — Council Member
  • Sarah Baird — Council Member (departed 2021-05-12)
  • Jamie Adamson — Secretary, Treasurer
  • Sharon Knowles — Council Member
  • Lyn Wise — Council Member (departed 2019-01-21)
  • Nigel Millar — Council Member (departed 2021-12-07)
  • Judith Bevin — Council Member (departed 2022-10-01)

Funding Sources

  • Aotearoa Gaming Foundation — $175,455.9
  • Aotearoa Gaming Foundation — $64,000
  • Aotearoa Gaming Foundation — $18,934.4

Similar Charities in Health

HealthTrust

Otago Medical Research Foundation Incorporated

CC33444Dunedin, DunedinRegistered 30 Jun 2008
Data updated: 5 days ago
Financials31 Mar 2025Rating2d ago

Financial data as at March 2025. Sourced from Charities Services register.

B+
83/100
Financial
91
Governance
65
Transparency
65

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 register
    No chair or presiding role is recorded in the register for this board of 12. 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.

Revenue

$739.0K

Expenses

$828.1K

Assets

$4.4M

Staff

1

Financial data from Charities Services annual return (FY2025). Ratings calculated using CharityData v3.1.1 methodology.

Endowment Foundation

Special Entity Type

This 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

Mission

The furtherance of Medical Research in Otago

Who We Serve

Beneficiaries
General public

Key Statistics

Annual Revenue
$739.0K
Total Expenses
$828.1K
Net Assets
$4.2M
Staff
1
employees
Volunteers
0

Financial Trends

Financial Trends (17 Years)

Revenue Breakdown

Expense Breakdown

Verified

Financial Health Dashboard

Cents to the Cause
52c
For every $1 spent, 52c reaches programs
Adequate
Sustainability
2.7mo
Could operate 2.7 months with zero revenue
Critical
Fundraising Cost
$0.59
Costs $0.59 to raise each $1 in donations
High cost

Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology

Revenue Diversification

44
Score /100
Concentrated
HHI: 5,551
Donations66.6%
Investment Income33.4%
Trading / Services0.0%

HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.

Peer Comparison

Ranked against 157 peers · Health · $100K – $1M

Rating Score
83
#5/158
Revenue
$739K
#19/158
Reserve Months
2.7
#1/158
Surplus
$-89K
#149/158
Staff Cost %
0%
#1/158

Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.

Rating

B+
Score: 83.2/100
Financial
91
Governance
65
Transparency
65
Why this grade: Financial 91 × 40% + Governance 65 × 60% = 75 → B+.
View Full Score Breakdown

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Contact Details

Address
Dunedin, Dunedin

Registration

Registration NumberCC33444
Entity TypeTrust
Registered30 Jun 2008
StatusRegistered

Companies Office

StatusRegistered
Entity TypeIncorporated Society
Incorporated3 Apr 1967
Registered office
Level 13 Otago House, 481 Moray Place, Dunedin, 9016

Sector & Activities

Primary Sector
Health
Activities
Makes grants / loans to individualsMakes grants to organisations (including schools or other charities)Sponsors / undertakes research

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.