The ACNC have recently released an information paper ‘Remunerating Charity Board Members‘ for charities considering paying board members for their services as a board member. The term ‘board members’ is used throughout the information paper to generically refer to the responsible persons of a charity, such as committee members, directors or Trustees. The ACNC have… Continue Reading
Crowdfunding has become a very popular method of online fundraising for charities and not‑for‑profits. It generally involves an organisation setting a fundraising target online and then asking those on the internet (the crowd) for donations to reach that target. The ACNC has issued some information for charities and donors about the use of crowdfunding. In… Continue Reading
The ACNC Commissioner has just released the ACNC’s Interpretation Statement on Public Benevolent Institutions. The Interpretation Statement provides guidance on the ACNC’s interpretation of the law pertaining to Public Benevolent Institutions (PBI) and insight into how the ACNC and its staff will assess a charitable organisation’s entitlement for endorsement as a PBI. The Interpretation Statement… Continue Reading
Federal Parliament has recently passed legislation that allows tax deductibility for donations to a new education charity called Australian Schools Plus. For the first time, this will allow donors to receive a DGR receipt for donations for general educational purposes to particular schools. What are the Opportunities for Deductible Gift Donations for Schooling? Up until… Continue Reading
Starting a Not-For-Profit or Charitable Organisation Are you thinking about starting an organisation, charity, club, association, social enterprise, co-operative or some other kind of not-for-profit group? If so, this information may be helpful. What’s the Difference between a Charity and a Not-For-Profit?
Summary – The Treasurer released a consultation paper on charitable fundraising reform in February 2012. The Treasury recently released a discussion paper and draft regulation impact statement in relation to proposed charitable fundraising reform. At the moment, all States and Territories in Australia (except the Northern Territory) have their own fundraising regulations and they have… Continue Reading