Market Research Report on OzHelp Foundation Ltd.

Company Overview

Name, Mission of the Company

• Name: OzHelp Foundation Ltd

• Mission: Raising community awareness about suicide prevention and delivering essential employee mental health and wellbeing programs and services, particularly to employees in the construction, transport, and logistics sectors.

Foundation and Leadership

• When Founded: Almost 25 years ago

• Founded By: No information available

• Key People:

• Leanne Wells, Board Chair

• Caroline Walsh, Chief Executive Officer

• Headquarters: Canberra, Australia

• Number of Employees: No information available

• Revenue: No information available

• What is the Company Known For: Providing mental health and wellbeing services to employees in construction, transport, and logistics sectors.

Products

Product Offerings

• Mental Health and Wellbeing Programs

• High-Level Description: Programs designed to support mental health and wellbeing specifically tailored for employees in high-risk sectors such as construction, transport, and logistics.

• Key Features:

• Suicide prevention services

• Employee mental health programs

• Customized wellbeing services aimed at higher-risk occupations

Recent Developments

Developments

• Voluntary Administration: OzHelp Foundation was placed into voluntary administration on July 31, 2024. This decision was made due to insufficient funds to keep operating despite measures taken to maintain services.

• Administrators Appointed: Jonathon Colbran and Adam Cormack from RSM Australia Partners were appointed as Joint and Several Voluntary Administrators.

New Partnerships and Services

• Partnerships: No information available

• New Products Launched: No information available

• New Features Added: No information available

Contact Information for Administrators and Crisis Support

• RSM Australia Contacts:

• Jonathon Colbran, Partner

• Adam Cormack, Director

• Email: adam.cormack@rsm.com.au

• Crisis Support:

• Lifeline’s confidential 24-hour crisis support and suicide prevention services, Contact: 13 11 14

Additional Notes

• The foundation has less than 15 creditors and owes approximately $1 million, primarily to the Commonwealth and ACT Governments related to unacquitted grants.

• An assessment of the foundation's assets is underway to formulate a strategy to benefit creditors.

• The first meeting of creditors is scheduled for August 12, 2024, in Canberra.

Media Contact

• Contact: Jess Whitby, Account Leader, BBS Communications Group

• Email: jwhitby@bbscommunications.com.au

• Phone: 0434 787 986