OCI Foundation Limited

Donation Funded iconThis charity receives a significant portion of its funding (specifically, more than 30% of its total revenue) directly from donations and bequests. This indicates that public contributions are a crucial financial lifeline for their mission.Volunteer Powered iconThis charity relies heavily on the incredible dedication of volunteers. It means their operations are significantly powered by volunteer efforts, where the collective contribution of volunteers is either substantial compared to paid staff, or their work is entirely run by volunteers. Your time and skills could make a huge difference here!Tax Deductible iconThis charity or fund is currently recognised by the Australian Taxation Office (ATO) as a Deductible Gift Recipient (DGR). Donations of $2 or more made to this entity are tax-deductible for the donor. This status is typically derived from official ABR (Australian Business Register) data and signifies eligibility for DGR status.
Website:
ocifoundation.org/
ABN:
50 626 283 976
Location:
Robina, QLD
Charity Size:
SmallSmall charities, those with an annual revenue of under $500,000, are often the unsung heroes, deeply rooted in local communities. Think of your local soup kitchen, the neighbourhood environmental group, or the tiny organisation providing crucial support to families in crisis. These charities punch above their weight, delivering highly personalised services and fostering strong connections.
Charity Type:
Education, Healthcare, Social welfare
Registration Status:
Registeredthe charity’s registration is active
Religious Affiliation:
No Religious AffiliationThis category comprises charities that do not have any religious affiliation. They operate independently of specific religious doctrines and focus on their mission based on secular principles
DGR Status:
Tax DeductibleThis charity or fund is currently recognised by the Australian Taxation Office (ATO) as a Deductible Gift Recipient (DGR). Donations of $2 or more made to this entity are tax-deductible for the donor. This status is typically derived from official ABR (Australian Business Register) data and signifies eligibility for DGR status.
ON HEALTH: The OCI Foundation maintained its partnership with one of Africa s largest youth organisations, Nigeria s National Youths Service Corps, the NYSC. Through this partnership, we delivered another five editions of our signature health program, the Arm Our Youths (ArOY) Anticancer Health Campaign. This brings it to 17 completed editions till the partnership was started in February 2022. It reaches over half a million youths yearly (over the past three years) with lifesaving and inspirational talks and activities. The ArOY Health Campaign also has two other components. One is the CerviBreast Mobile Phone Application, an innovative and interactive anticancer App that is freely available on the Google and Android play stores. It is a lifesaver, a globalfirst, and a multiawardwinning technological initiative of the OCI Foundation. The final component of our ArOY Health Campaign is the Gynocular Project, which facilitates free and/or highly subsidised digital cervical cancer screenings for Nigerians. The centre in Abuja, Nigeria s Federal Capital Territory, which was commissioned on February 3rd, 2022, continues to serve scores of Nigerian women Annually. On the first centre was Abuja. There is also the ArOY Health Campaign Schools Challenge , a quiz contest designed to enhance engagement with the ArOY Health Campaign among senior secondary schools in Anambra State, Nigeria. This competition involves all the 261 public senior secondary schools in the State, with the Grand Finale held yearly on February the 4th, the Global World Cancer Day. The inaugural, 2021/2022 version was highly successful. The program starts its 3rd (2023/2024) Edition in November 2023. 2) ON EDUCATION The OCI Foundation s annual scholarships added a 7th tier, which now expands the reach of our scholarships to many other Nigerians. The scholarships are uniquely designed, given that they are primarily interlinked, with the potential for a recipient to stay on its various levels from junior to senior secondary schools and then through to the completion of their tertiary studies. 3) PUBLIC AND SOCIAL WELFARE This is the third and final footing of the OCI Foundation s activity tripod. In 2024, we continued to seek the implementation of the 2nd legislative bill initiated by the OCI Foundation through the Nigerian National Assembly to ensure that teaching on Sexual and GenderBased Violence (SGBV) mitigating measures. We also appointed a Girl Child Ambassador to assist with bridging the gender divide in Northern Nigeria, particularly that orchestrated by the Boko Haram insurgency. This part of the OCI Foundation s activities also allows us to continue sponsoring several social activities across multiple activities in Nigeria, including a soccer outfit alongside empowerment programs that see beneficiaries trained in various skills acquisition programs.

International Activities

The OCI (Onyebuchi Chris Ifediora) Foundation Limited an international charity body founded by Associate Professor Onyebuchi Chris Ifediora (MBBS, MPH, FRACGP, HMS-SEAL,FIMC, CMC, AFANZAHPE), a Nigerian-born medical practitioner, who lives and works in the City of Gold Coast, Australia. The Foundation (www.ocifoundation.org), which has partners in Nigeria, Australia, the United Kingdom, Canada, and the USA, has Nigerians as its primary beneficiaries. It is formally incorporated as a body that Promotes and Advances Health , Advances Education , and Advances Social and Public Welfare , and has Directors and Trustees that are domiciled across four different continents that include Africa (Nigeria), Asia-Pacific (Australia), Europe (United Kingdom), and North America (United States of America). Dr Ifediora believes that unlocking human potentials through well-tailored activities will enhance limitless socio-economic growths among the needy, and the three-pronged activities

Staffing DetailsCharities report the number of full-time, part-time, and casual employees, as well as volunteers, for the last pay period of their reporting year.

MetricCharity ValueThis charity's own reported figure, taken from its most recently lodged Annual Information Statement (AIS) with the ACNC.Average (Small)The average figure across all Australian charities of the same size category (Small, Medium, or Large), based on their most recently lodged Annual Information Statements.
Full Time729
Part Time170
Casual200
Volunteers210028
Full-Time Equivalent (FTE)Full-Time Equivalent (FTE) is a calculation that represents the number of full-time employees a charity would have if you combined the hours of all its part-time and casual staff.0.002.51
FTE to Volunteer RatioThis ratio compares the number of volunteers to the number of paid full-time equivalent staff. A higher percentage indicates a greater reliance on volunteers.0%5043%
Avg Employee Expenses per FTEThis is the average amount of employee-related expenses (like salary and benefits) spent per full-time equivalent staff member.$0$91,589

Related Party TransactionsA transaction between the charity and a person or entity closely connected to the charity, such as a board member, a major donor, or their family members. These must be disclosed to ensure transparency.

Reporting on related party transactions is not required for small charities.

Key Management Personnel (KMP)Key Management Personnel (KMP) are the people who have the authority and responsibility for planning, directing, and controlling the charity's activities. This typically includes board members and senior executives.

Reporting on Key Management Personnel remuneration is only required for large charities.

Most Recent Annual Information Submitted 2024

Lodgement was submitted on time.

Reporting Requirements for a Small Charity (Annual revenue under $500,000)

Small charities must submit an Annual Information Statement (AIS) but are not required to submit a full financial report. This means they do not have to provide a detailed breakdown of assets and liabilities or submit audited financial statements, though they must keep financial records.

CategoryCharity ValueThis charity's own reported figure, taken from its most recently lodged Annual Information Statement (AIS) with the ACNC.Australian Average (Small)The average figure across all Australian charities of the same size category (Small, Medium, or Large), based on their most recently lodged Annual Information Statements.
Net Surplus/DeficitThe difference between a charity's total income and its total expenses for the reporting period. A surplus means income was greater than expenses, while a deficit means expenses were greater than income.$44,140$1,817
Net Assets/LiabilitiesThe value of what a charity owns (assets) minus what it owes (liabilities). This is also known as total equity or net worth, representing the overall financial position.$181,800$0
Total RevenueTotal Revenue plus Other Income. It represents the total income before any expenses are deducted.$475,090$79,127
Revenue from GovernmentFunding received from local, state, or federal government bodies, including grants and contracts for services. $0 $12,204
Donations and BequestsIncome received from individuals, foundations, or corporations in the form of gifts, donations, and bequests (gifts left in a will). $475,090 $28,744
Revenue from Goods and ServicesIncome generated from selling goods or providing services that are part of the charity's mission or fundraising activities. $0 $17,922
Revenue from InvestmentsIncome earned from the charity's investments, such as interest from bank accounts, dividends from shares, and rent from property. $0 $7,090
Other RevenueIncome from any other sources that don't fit into the main categories. $0 $7,559
Other IncomeOther non-operating income, such as one-off gains from the sale of assets. $0 $5,607
Total Gross IncomeTotal Revenue plus Other Income. It represents the total income before any expenses are deducted. $475,090 $79,127
Total ExpensesThe total cost incurred by the charity in carrying out its activities, including program, administrative, and fundraising costs.$430,950$77,310
Employee ExpensesAll costs related to paying staff, including salaries and wages, superannuation, and other employee benefits. $0 $19,898
Grants and Donations (Australia)Funds and donations distributed by the charity to other organisations or individuals within Australia to support their work. $320,000 $14,184
Grants and Donations (Overseas)Funds and donations distributed by the charity to other organisations or individuals outside of Australia for international aid and development. $89,000 $3,352
Other ExpensesAll other operational expenses not classified elsewhere, such as administration, fundraising, and program-specific costs. $21,950 $39,876
Total AssetsThe total value of everything the charity owns that has monetary value, including cash, investments, buildings, and equipment.$185,000$635,767
Total LiabilitiesThe total amount of money and obligations the charity owes to others.$3,200$69,335

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