Medi Aid Centre Foundation Ltd
About
Medi Aid Centre Foundation Ltd is an Australian corporate foundation established in 1973 (operating since 1971) that provides affordable accommodation for elderly individuals and couples, particularly those experiencing financial hardship. Its mission is focused on social welfare and aged care within New South Wales.
Tips for Applicants
This foundation appears to be a direct service provider of accommodation rather than a grant-maker to other charities. Potential beneficiaries should inquire about their accommodation services directly, rather than seeking grants for external projects.
Giving Philosophy
This foundation primarily operates by directly providing affordable accommodation services to its beneficiaries, rather than offering grants to other organisations. Its approach values direct support for the well-being and housing security of elderly individuals, especially those facing financial challenges.
ACNC Financial History
| Year | Grants Given | Revenue | Total Assets | Net Assets |
|---|---|---|---|---|
| FY2023 | — | $9.0M | $358.4M | $312.4M |
| FY2022 | — | $7.8M | $355.6M | $311.8M |
| FY2021 | — | $7.5M | $355.4M | $310.7M |
| FY2020 | — | $8.6M | $329.7M | $285.0M |
| FY2019 | — | $8.1M | $329.9M | $282.8M |
| FY2018 | — | $8.1M | $328.7M | $280.0M |
| FY2017 | — | $8.1M | $306.3M | $258.5M |
| 7yr total | Unknown | Source: ACNC Annual Information Statements | ||