Veterans' Medical Research Trust Fund — Health Charity in Wellington

Veterans' Medical Research Trust Fund is a Charitable Trust charity in the Health sector, based in Wellington, Wellington. CharityData rates this charity B (77.8/100). Annual revenue: $0.1M NZD. Financial data as at March 2026.

Mission: The Trust exists under the Veterans' Support Act 2014 to make grants or awards for the purpose of research into fields of medicine that may be beneficial for veterans

Registration Number
CC46470
Charity Type
Charitable Trust
Registration Date
2011-04-17
Status
Active
CharityData Rating
B (77.8/100)
Sector
Health
Location
Wellington, Wellington
Data as at
March 2026

Beneficiaries: Older people, People with disabilities, Other - All

Financial Summary

Total Revenue
$0.1M NZD
Total Expenses
$0.3M NZD
Total Assets
$1.5M NZD
Net Assets
$1.5M NZD
Reserve Months
9.3 months of operating expenses
Financial Year End
2026-03-31

Financial History

YearRevenueExpensesNet Assets
2026$0.1M$0.3M$1.5M
2025$0.1M$0.1M$1.7M
2024$0.1M$0.1M$1.7M
2023$0.0M$0.1M$1.7M
2022$0.0M$0.0M$1.8M
2021$0.2M$0.0M$1.8M
2020$0.5M$0.0M$1.7M
2019$0.5M$0.1M$1.3M
2018$0.1M$0.1M$0.9M
2017$0.0M$0.0M$0.9M

CharityData Rating

Overall Grade
B
Overall Score
77.8/100
Financial Score
87.5
Governance Score
55
Transparency Score
65

Board Members and Officers

Current Officers (2)

NameRoleAppointed
Cathy O'malleyTrustee2018-06-20
BARRY CLARKTrustee2014-12-07

Former Officers (5)

  • Bernadine Mackenzie — Trustee (departed 2018-06-20)
  • Jackieline Couchman — Trustee (departed 2016-10-28)
  • DONALD MCIVER — Trustee (departed 2014-12-07)
  • Archibald Campbell — Trustee (departed 2014-12-07)
  • Richard Ottaway — Trustee (departed 2014-05-12)

Similar Charities in Health

HealthCharitable Trust

Veterans' Medical Research Trust Fund

CC46470Wellington, WellingtonRegistered 17 Apr 2011
Data updated: Today
Financials6mo agoRating5d ago

Financial data as at March 2026. Sourced from Charities Services register.

B
78/100
Financial
88
Governance
55
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.

  • Small board structure
    2 current officers listed on the register — best-practice boards have 5+ members with separation of duties

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

$90.8K

Expenses

$297.2K

Assets

$1.5M

Financial data from Charities Services annual return (FY2026). 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 Trust exists under the Veterans' Support Act 2014 to make grants or awards for the purpose of research into fields of medicine that may be beneficial for veterans

Who We Serve

Beneficiaries
Older peoplePeople with disabilitiesOther - All

Key Statistics

Annual Revenue
$90.8K
Total Expenses
$297.2K
Net Assets
$1.5M

Financial Trends

Financial Trends (15 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
4.1mo
Could operate 4.1 months with zero revenue
Low reserves
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

0
Score /100
Highly Concentrated
HHI: 10,000
High Concentration: 100% of revenue from Investment Income
Investment Income100.0%

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

Peer Comparison

Ranked against 238 peers · Health · Under $100K

Rating Score
78
#3/239
Revenue
$91K
#8/239
Reserve Months
9.3
#1/239
Surplus
$-206K
#232/239
Staff Cost %
0%
#1/239

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

Rating

B
Score: 77.8/100
Financial
87.5
Governance
55
Transparency
65
Why this grade: Financial 88 × 40% + Governance 55 × 60% = 68 → B.
View Full Score Breakdown

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Latest Audit

FY2024
Clean
9 years of audit history

Contact Details

Address
Wellington, Wellington

Registration

Registration NumberCC46470
Entity TypeCharitable Trust
Registered17 Apr 2011
StatusRegistered

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: 1 October 2026.