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