The father of one-punch victim Thomas Kelly was paid $125,000 in wages by the foundation set up in his son's name to combat alcohol-fuelled violence, it has been revealed.

Ralph Kelly established The Thomas Kelly Youth Foundation (TKYF) following his son's tragic death from an one-punch attack in Sydney's nightlife district of Kings Cross in 2012.

For his role as director and the sole employee of the charity, Mr Kelly was paid $125,000 last financial year, just over half the foundations's annual revenue.

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Ralph Kelly (left), who founded The Thomas Kelly Youth Foundation after his son's death, was reportedly paid $125,00 in wages by the foundation last financial year

Thomas Kelly (pictured) was tragically killed in an unprovoked attack in Sydney's Kings Cross in 2012

According to The Thomas Kelly Youth Foundation's latest financial reports, the charity's annual revenue for the 2014-2015 financial year was $243,373.

Of that revenue 51 per cent was paid in employment benefits to Mr Kelly, the report independently audited by PricewaterhouseCoopers revealed.

Mr Kelly was the only employee paid by the company, and still holds his role as Managing Director of Hemisphere Hospitality Solutions.

He previously worked at Accor Hotels, which is one of the supporters of the foundation.

According to the foundation's website: 'The Thomas Kelly Youth Foundation and Take Kare Safe Spaces are funded by the NSW Government, the City of Sydney, the Macquarie Group Foundation and the Crown Resorts Foundation'.

Take Kare safe spaces are set up in Sydney's Town Hall Square and Kings Cross on Friday and Saturday nights.

They are a joint venture with the Salvation Army and aim to help young people get home safe after a night of partying.

'Since December 2014 TKYF has raised significant funding to operate our Take Kare Safe Spaces in Sydney’s CBD and Kings Cross,' Chairman of the TKYF Phillip Crawford told Daily Mail Australia in a statement.

'The majority of these funds are paid directly to the Salvation Army under an arrangement with TKYF and its sponsor.

According to The Thomas Kelly Youth Foundation's latest financial reports, the charity's annual revenue for the 2014-2015 financial year was $243,373

Kieran Loveridge is serving 14 years for Mr Kelly's manslaughter

'These funds are not therefore included as income in the TKYF financial statements.

'To date the Take Kare Safe Space has trained 273 volunteers, who along with the Salvation Army professionals, have staffed the Take Kare Safe Spaces forover 15,000 hours and helped 13,600 people in 2015.

'TKYF has in place a governance structure to ensure that the Foundation is managed prudently,' Mr Crawford said.

The board of directors at The Thomas Kelly Youth Foundation, which includes Senior Australian of the Year Gordian Fulde, are said to have fully supported the payment to Mr Kelly, according to the Daily Telegraph.

Other directors include executive director of Macquarie Bank Guy Reynolds and Patricia O'Rouke, CEO at St Vincent's Health Australia Public Hospitals.

Spokesman for St Vincent's Hospitals David Faktor said they have supported the foundation's work in minimising 'alcohol related harms' since its establishment.

The Thomas Kelly Youth Foundation also runs Take Kare in conjunction with the Salvation Army

' St Vincent’s is proud of the impact that the TKYF is having in reducing the amount of harms the Hospital has long had to contend with,' Mr Faktor told Daily Mail Australia.

'St Vincent’s is confident that the TKYF has in place a thorough and transparent governance structure to ensure that that the Foundation is managed prudently and that funds raised are earmarked in accordance with their purpose,' he added.

Thomas Kelly died in 2012 after an unprovoked attack by Kieran Loveridge, who is serving 14 years for Mr Kelly's manslaughter.

Mr Kelly suffered catastrophic head injuries after Loveridge punched him once in an unprovoked attack at Kings Cross, in Sydney's inner-city, on July 7, 2012.

The 18-year-old's life support was turned off two days later.

It comes as tensions about the NSW lock-out laws are at an all time high, with over 15,000 people marching in Sydney's CBD on Sunday to protest the measures.