Wise Foundation

Medium charity · South Melbourne, VIC · established 2008

Registered

ABN 29 129 090 848

What the charity does

The principle activities of the Wise Foundation in 2023/24 have reflected the mission of: Creating sustainable social enterprise to address disadvantage . The primary means by which the Foundation has engaged with the community and sought to fulfil its' principles in 2023/24 have been through: The Gardens Club community events space and café in the Brisbane City Botanic Garden. Hospitality Program operating at The Gardens Club, this social initiative is aimed at providing hospitality training and employment for individuals facing barriers to employment. Wise Barista Program a social initiative, supported by, The Adidem Group, to assist individuals facing barriers to employment by creating employment opportunities and barista, basic cooking and customer service training. Bee Lafaek a waterbased social enterprise in Timor Leste, providing employment and business opportunities for Timorese youth. Village Bookshop through Village Bookshop s It Takes A Village program, training and employment is provided for individuals facing barriers, and other social activities within the local community. Provision of support and advice to NonGovernment Organisations and charities in relation to the development of new social enterprises and assistance to engage in social innovation.

$2.6mrevenue 2024
$2.6mexpenses
16.97full-time equivalent staff
8volunteers
$679,307total assets

Finances

2022 revenue $1,760,993 2022 expenses $1,784,097 2022 2023 revenue $2,072,848 2023 expenses $2,247,120 2023 2024 revenue $2,599,657 2024 expenses $2,562,055 2024

Revenue Expenses

202220232024
Total revenue$1,760,993$2,072,848$2,599,657
Total expenses$1,784,097$2,247,120$2,562,055
Employee expenses$770,335$1,019,888$1,153,518
Net surplus / deficit-$23,104-$174,272$37,602
Total assets$717,371$541,554$679,307
Total liabilities$540,865$539,320$639,471
Full-time staff534
Part-time staff444
Casual staff141720
Volunteers998

From Annual Information Statements lodged with the ACNC; the year is the AIS reporting year.

Charity details

ABN
29129090848
Registered with ACNC
3 December 2012
Established
1 January 2008
Size
Medium
Responsible persons
8
Financial year ends
30-Jun
Operates in
QLD, VIC

Contact

Address
28 Thistlethwaite St, South Melbourne, VIC 3205
Website
wisefoundation.com.au

Official record: ACNC Charity Register, ABN 29129090848.

Charitable purposes

Beneficiaries

Programs

Village Bookshop

Social enterprise

Noosa Heads QLD, Australia

Wise Barista Program

Job training

Sydney NSW, Australia; Melbourne VIC, Australia

Foundation Deli

Job training

Melbourne VIC, Australia

The Gardens Club

Social enterprise

Brisbane QLD, Australia

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Questions and answers

What is the ABN of Wise Foundation?

Wise Foundation has the Australian Business Number 29 129 090 848 and is registered with the Australian Charities and Not-for-profits Commission since 3 December 2012.

How much revenue does Wise Foundation have?

In its 2024 Annual Information Statement the charity reported total revenue of $2,599,657 and expenses of $2,562,055.

Is Wise Foundation a PBI?

No. It is not registered as a Public Benevolent Institution.

How many people work for Wise Foundation?

It reported 4 full-time, 4 part-time and 20 casual staff and 8 volunteers (2024).