Our Commitment to Financial Transparency
The Kathryn Browne-Yung Scholarship Fund is governed by strict financial controls and publicly reports its activities each year to the Australian Charities and Not-for-profits Commission (ACNC). As a registered charity, we adhere to all ACNC guidelines, ensuring every dollar you give is accounted for and directed toward supporting early years Aboriginal and Torres Strait Islander medical students.
Registration & Status
- ABN: 13 984 604 974
- ACN: 653278221
- ACNC Registration Date: 31 August 2021
- Charity Size: Small (annual revenue below $250,000)
- DGR Status: Endorsed as a Deductible Gift Recipient (from 31 August 2021)
Financial Year in Review
Income Sources
Our revenue is raised through three primary channels:
- Community Fundraising Events
- 2022 Bayside Cycling Challenge: $20,000
- 2024 SASDA Charity Gala Dinner: $5,000
- 2025 SA Indian Medical Assoc. Gala Dinner: $10,000
- Individual & Corporate Donations
- Online gifts via PayPal and direct transfers
- Grants & Sponsorships
- Occasional philanthropic grants to seed scholarship growth
Expenditure Allocation
We employ a lean operating model—with no paid staff—so that over 90% of funds raised go directly to student support:
- Scholarship Awards: 80% (two $5,000 awards in 2023 & 2025)
- Mentoring & Program Delivery: 10%
- Governance & Compliance: 10%
Scholarship Disbursements
Since inception, we have awarded scholarships to:
- Madelyn Johnson (2023)
- India Shackleford (2025)
Each $5,000 grant is unrestricted, allowing recipients to allocate funds toward living expenses, study materials, travel home or whatever necessary.
Reporting & Accountability
- We submit an Annual Information Statement to the ACNC each year, in line with our obligations as a small charity.
- Detailed financial reports are prepared in accordance with Australian Accounting Standards and independently reviewed by qualified accountants.
- Our Board of Directors—comprising health professionals, academics and finance specialists—meets quarterly to oversee budgets, audit findings and strategic financial planning.
Downloadable Reports
Looking Ahead
As we grow, our goal is to increase scholarship numbers while maintaining low overheads. Our focus remains on nurturing the next generation of Indigenous doctors—strengthening mentorship ties, celebrating cultural leadership in healthcare, and ensuring each scholar has the support they need to serve their communities.
All financial data above is drawn from our ACNC filings and ABN Lookup records.
