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Stem Cell Foundation Loses Charity Status

A Queensland charity has become the latest organisation to lose its status after it was revoked by the ACNC.

The Adult Stem Cell Foundation Australia Limited had its charity status revoked on 11 September 2015 following “a review into the organisation’s operations and activities”.

The Foundation was registered as a Health Promotion Charity and is the seventh charity out of Queensland to lose its status – more than any other state. ACNC Commissioner, Susan Pascoe said she was prevented by secrecy provisions from disclosing the details of any case.

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