Our financials « Charlie Teo Foundation
Our Financials

We're focused on the brains of the operation.

Every dollar directed with purpose.

Explore our financials
Setting the bar

Ahead of the game

Ahead of the game

From our very first year we published clear financial graphs. Not because any regulator required it, but because donors deserve to know exactly how their money is used.

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Transparent to our core

Transparent to our core

That choice to publish before we had to is what sets us apart. Transparency wasn't a compliance exercise for us. It was a founding commitment.

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We refuse to game our numbers

We refuse to game our numbers

We don't use cost allocations to make our numbers look more flattering. What you see is exactly what it is.

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2022

The ACNC made financial transparency mandatory for all charities.

We'd been doing it for years already. Not because we had to, but because we believed donors deserved nothing less.

Dr Charlie Teo AM
Charlie Teo Foundation “

When you donate, you hope the money goes to the cause. It hurts me, and I can only imagine how it hurts you, when it doesn’t.

It should be all about the cause, not the running of the charity itself.

There is absolutely no reason why charities cannot run lean.

Dr Charlie Teo AM
Neurosurgeon & Founder
Weekend Sunrise, November 2017: the conversation that started the Charlie Teo Foundation
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Our open book promise

Give with confidence. Our books are always open.

When we started the foundation, we promised donors we would be open about every dollar. We still are, so you can see exactly how your gift is used.

More of your gift goes to research

A lean team, volunteers and generous in-kind support keep our running costs low, so more of every dollar reaches the lab.

Nothing hidden

We publish our financials every quarter and our audited accounts every year. Anyone can check where the money goes.

The true picture, not a flattering one

Australia has no set rules for how charities report costs, and many count running costs as program spending. We don't. We show our admin and fundraising costs exactly as they are.

• HOPE • COMMUNITY • OPENNESS •