Charities & Not-for-profits

What Is A Charity Tick

What is a Charity Tick?

The Australia Charities and Not-for-profits Commission (ACNC) has a logo which gives charities a ‘Tick of Charity Registration’ to show the public that charities are registered with the ACNC. The Tick was developed in 2016, coinciding with the release of the 2015 Australian Charities report with figures showing that thousands of Australian charities had been […]

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Is Limited Liability An Ingenious Device

Is Limited liability an ‘Ingenious device’?

What does ‘Limited Liability’ mean? Limited liability (LL) presupposes that the debts of the company are separate from the debts of its investors and has been dubbed an ‘ingenious device’ by legal experts. This is because the company is a distinct legal personality, separate from its shareholders. The ingenuity of Limited Liability The most compelling arguments for

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Fundraising For Charities

Fundraising for Charities

Are you a charity or a not-for profit? Here are important issues to consider when fundraising. Fundraising is an important source of income for many charities and not-for-profits, but fundraising laws can be difficult to navigate, and it is important to have legal expert assistance to properly navigate them. How can charities raise funds? An

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Crowdfunding For Charities

Crowdfunding for Charities

Billions of dollars are raised in crowdfunding campaigns around the world, but fundraising platforms can throw up complex legal issues ranging from tax to consumer and criminal law. What is crowdfunding? Crowdfunding allows anyone to raise money for anything, anytime, anywhere. Crowdfunding has grown rapidly in recent years as a popular method of online fundraising

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Acnc Governance Standards Is Your Organisation Working Towards Its Charitable Purpose

ACNC Governance Standards: Is Your Organisation Working Towards its ‘Charitable Purpose’?

A charity must meet the ACNC’s governance s Standards to be registered and remain registered with the ACNC. The standards for charities are set out in the Australian Charities and Not-for-profits Commission Regulation 2013 (Cth). Standard 1: Purposes and not-for-profit nature A charity must: be not-for-profit, operate for public benefit work towards it charitable purpose.

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Lehtimaki Article

Lehtimaki Article

On 29 July 2020, the Supreme Court of the United Kingdom handed down its Judgment in Lehtimäki and others v Cooper [2020] UKSC 33, which confirmed that members of Charitable Companies in the United Kingdom are fiduciaries and must therefore make decisions and act in the companies’ best interests (that is, to serve the purposes

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Charities

Charities

According to the Australian Charities and Not-for-profits Commission charities account for 11% of total employment in Australia. Charities are a subset of not-for-profit organisations and receive distinct tax benefits as a matter of public policy to facilitate their positive work in the community. Charity law is a distinct, complex and highly specialised area of the law.

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