Foundation Properties Limited — Health Charity in Auckland

Foundation Properties Limited is a Trust charity in the Health sector, based in Auckland, Auckland. Annual revenue: $5.9M NZD. Financial data as at June 2025.

Mission: Promoting the wellbeing and independance of persons with visual impairments within New Zealand

Registration Number
CC50784
Charity Type
Trust
Registration Date
2014-07-29
Status
Active
Sector
Health
Location
Auckland, Auckland
Email
boardsecretary@blindlowvision.org.nz
Data as at
June 2025

Beneficiaries: Children / young people, Family / whanau, Older people, People with disabilities

Financial Summary

Total Revenue
$5.9M NZD
Total Expenses
$1.2M NZD
Total Assets
$148.2M NZD
Net Assets
$128.8M NZD
Reserve Months
0.0 months of operating expenses
Volunteers
0
Financial Year End
2025-06-30

Financial History

YearRevenueExpensesNet Assets
2025$5.9M$1.2M$128.8M
2024$5.6M$1.3M$127.1M
2023$5.8M$1.2M$119.2M
2022$5.6M$1.0M$131.0M
2021$5.7M$0.8M$128.0M
2020$6.5M$1.1M$116.5M
2019$6.5M$1.2M$111.3M
2018$6.0M$1.0M$104.6M
2017$5.7M$2.2M$75.5M
2016$5.5M$1.1M$66.1M

Board Members and Officers

Current Officers (0)

NameRoleAppointed

Former Officers (13)

  • Andrea Midgen — Director
  • Richard Patete — Director
  • William McDonald — Director
  • Judith Small — Director (departed 2023-03-04)
  • Tristram Van Der Meijden — Diirector (departed 2021-05-28)
  • John Mulka — Director (departed 2023-08-04)
  • Gregory Thompson — Director
  • Ross Blackmore — Director (departed 2019-06-30)
  • Robert Cameron — Director
  • Sandra Budd — Director (departed 2019-06-30)
  • Gregory Hurn — Director
  • Richard Hoskin — Director (departed 2020-11-27)
  • Alison Wheatley — Director (departed 2014-09-06)

Similar Charities in Health

HealthTrust

Foundation Properties Limited

CC50784Auckland, AucklandRegistered 29 Jul 2014
Data updated: 5 days ago
Financials30 Jun 2025Rating3d ago

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

NR
Not rated — Subsidiary of a service-delivering parent — see the parent charity's rating

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 register
    No chair or presiding role is recorded in the register for this board of 6. 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

$5.9M

Expenses

$1.2M

Assets

$148.2M

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

Subsidiary

Special Entity Type

This organization is a subsidiary or branch of a parent charity.

About

Mission

Promoting the wellbeing and independance of persons with visual impairments within New Zealand

Who We Serve

Beneficiaries
Children / young peopleFamily / whanauOlder peoplePeople with disabilities

Key Statistics

Annual Revenue
$5.9M
Total Expenses
$1.2M
Net Assets
$128.8M
Volunteers
0

Financial Trends

Financial Trends (11 Years)

Revenue Breakdown

Expense Breakdown

API Data

Based on annual return data. Detailed program/admin breakdown not available.

Financial Health Dashboard

Cents to the Cause
100c
For every $1 spent, 100c reaches programs
Strong
Sustainability
11.9mo
Could operate 11.9 months with zero revenue
Healthy
Fundraising Cost
-
No fundraising data
No data

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

Revenue Diversification

1
Score /100
Highly Concentrated
HHI: 9,901
High Concentration: 100% of revenue from Other
Other99.5%
Investment Income0.5%

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

Peer Comparison

Ranked against 67 peers · Health · $1M – $10M

Rating Score
0
#39/68
Revenue
$5.9M
#9/68
Reserve Months
0.0
#1/68
Surplus
$4.7M
#3/68
Staff Cost %
0%
#1/68

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

Rating

Score: /100
Financial
0
Governance
20
Transparency
65
View Full Score Breakdown

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Contact Details

Address
Auckland, Auckland

Registration

Registration NumberCC50784
Entity TypeTrust
Registered29 Jul 2014
StatusRegistered

Companies Office

StatusRegistered
Entity TypeNZ Limited Company
Incorporated26 May 2014
Company #5226561
Registered office
539 Parnell Road, Parnell, Auckland, 1052

Sector & Activities

Primary Sector
Health
Activities
Provides buildings / facilities / open space

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: 29 September 2026.