Neurological Foundation of New Zealand — Health Charity in Auckland

Neurological Foundation of New Zealand is a Trust charity in the Health sector, based in Auckland, Auckland. CharityData rates this charity A- (88.3/100). Annual revenue: $15.6M NZD. Financial data as at March 2025.

Mission: "To alleviate suffering from diseases and disorders of the brain and nervous system through research and education".

Registration Number
CC10341
Charity Type
Trust
Registration Date
2007-05-24
Status
Active
CharityData Rating
A- (88.3/100)
Sector
Health
Location
Auckland, Auckland
Email
admin@neurological.org.nz
Data as at
March 2025

Beneficiaries: Children / young people, General public, Older people, People with disabilities

Financial Summary

Total Revenue
$15.6M NZD
Total Expenses
$9.5M NZD
Total Assets
$96.5M NZD
Net Assets
$83.6M NZD
Reserve Months
1.2 months of operating expenses
Staff Count
18
Volunteers
0
Financial Year End
2025-03-31

Financial History

YearRevenueExpensesNet Assets
2025$15.6M$9.5M$83.6M
2024$16.5M$8.3M$77.5M
2023$3.1M$7.3M$69.3M
2022$6.2M$10.3M$73.5M
2021$13.6M$7.4M$77.6M
2020$12.9M$2.8M$71.5M
2019$10.2M$2.9M$65.4M
2018$12.5M$2.2M$65.5M
2017$15.9M$5.3M$58.2M
2016$6.6M$4.7M$47.6M

CharityData Rating

Overall Grade
A-
Overall Score
88.3/100
Financial Score
94
Governance Score
75
Transparency Score
85

Board Members and Officers

Current Officers (8)

NameRoleAppointed
David FearCouncil Member2026-01-29
Debbie SnellCouncil Member2023-12-01
Matthew CaugheyCouncil Member2023-12-01
Stephanie ClareCouncil Member2023-05-03
Mike MilsomCouncil Member2023-03-24
Ailsa McGregorDeputy Chair2023-03-24
Sonja ClaphamCouncil Member2019-11-28
Richard EastonChief Executive2017-09-04

Former Officers (30)

  • Lisa Smith — Council Member (departed 2024-06-24)
  • Matthew Slater — Chair (departed 2026-09-11)
  • Anna Lissaman — Council Member (departed 2023-08-16)
  • Georgina Hunter — Council Member (departed 2025-07-04)
  • James Ring — Council Member (departed 2022-06-08)
  • Barbara Bridger — Council Member (departed 2023-04-17)
  • Simon John — Council Member (departed 2026-03-20)
  • John Kelly — Council Member (departed 2022-11-08)
  • Sue Giddens — Executive Director (departed 2017-09-29)
  • Wayne Boyd — Council Member (departed 2020-09-25)
  • Cathy Stinear — Chair (departed 2023-09-08)
  • Baden Ewart — Deputy Chair (departed 2022-04-12)
  • Timothy Anderson — Council Member (departed 2020-06-26)
  • Barry Snow — Chair (departed 2020-11-27)
  • Kay Gregory — Council Member (departed 2017-12-01)
  • John Reynolds — Council Member (departed 2015-12-03)
  • David Clarke — Coucnil Member (departed 2010-07-02)
  • Colin Vazey — Council Member (departed 2017-07-28)
  • Verna Schofield — Council Member (departed 2015-12-03)
  • Ian Robertson — Chair (departed 2017-07-28)

Executive Compensation

NameRoleCompensationYear
Key Management Personnel (aggregate)Chief Executive and lead team (Head of Support Services, Head of Research, Head of Supporter Relations)$698,2832024
Key Management Personnel (aggregate)Chief Executive and lead team (Head of Support Services, Head of Research, Head of Supporter Relations)$698,2832025
Key Management Personnel (aggregate)Chief Executive and lead team (Head of Support Services, Head of Research, Head of Supporter Relations)$698,283-
Sonja ClaphamCouncil Member-2025
Richard EastonChief Executive-2025
Matthew SlaterChair-2025
Ailsa McGregorDeputy Chair-2025
Debbie SnellCouncil Member-2025
Matthew CaugheyCouncil Member-2025
Mike MilsomCouncil Member-2025
Stephanie ClareCouncil Member-2025
Georgina HunterCouncil Member-2025
Simon JohnCouncil Member-2025

Service Providers

  • BDO
  • Mercer

Similar Charities in Health

HealthTrust

Neurological Foundation of New Zealand

CC10341Auckland, AucklandRegistered 24 May 2007
Data updated: 6 days ago
Financials31 Mar 2025Rating4d ago

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

A-
88/100
Financial
94
Governance
75
Transparency
85
Revenue

$15.6M

Expenses

$9.5M

Assets

$96.5M

Staff

18

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.

Going Concern Uncertainty

The auditor flagged material uncertainty about this charity's ability to continue as a going concern in the 2025 audit. Auditor: BDO Auckland.

About

Mission

"To alleviate suffering from diseases and disorders of the brain and nervous system through research and education".

Who We Serve

Beneficiaries
Children / young peopleGeneral publicOlder peoplePeople with disabilities

Key Statistics

Annual Revenue
$15.6M
Total Expenses
$9.5M
Net Assets
$83.6M
Staff
18
employees
Volunteers
0

Financial Trends

Financial Trends (19 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
99c
For every $1 spent, 99c reaches programs
Strong
Sustainability
1.2mo
Could operate 1.2 months with zero revenue
Critical
Fundraising Cost
$0.02
Costs $0.02 to raise each $1 in donations
Efficient

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

Revenue Diversification

64
Score /100
Moderate
HHI: 3,600
Donations44.2%
Investment Income34.6%
Other21.2%

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

Rating Score
88
#5/11
Revenue
$15.6M
#4/11
Reserve Months
1.2
#1/11
Surplus
$6.1M
#1/11
Staff Cost %
16%
#11/11

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

Rating

A-
Score: 88.3/100
Financial
94
Governance
75
Transparency
85
Why this grade: Financial 94 × 40% + Governance 75 × 60% = 83 → A-.
View Full Score Breakdown

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Latest Audit

FY2025
CleanGoing Concern
Fees
Audit: $50,355
10 years of audit history(1 going concern flag)

Contact Details

Address
Auckland, Auckland

Registration

Registration NumberCC10341
Entity TypeTrust
Registered24 May 2007
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated28 Oct 1971
Registered office
66 Grafton Road, Grafton, Auckland

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: 30 September 2026.