A charity board is at the heart of any nonprofit organisation. It provides direction and ensures that the charity achieves its goals while remaining compliant with legal and ethical standards. The board comprises various members, each with specific responsibilities that work together to manage and guide the charity. Let’s take a closer look at […]
Understanding the Key Roles on a Charity Board Read More »
A glance in legislation, case law, and beyond. When registering your charity, it is important to be aware of the various different legal issues you may encounter. A common and highly beneficial charity sub-type is a Public Benevolent Institution (PBI), which offers significant tax advantages. However, not every charity qualifies as a
Key Tips For Charities: Securing PBI Status Read More »
Sometimes, an entity can change the purpose of their charitable trust. Housing Choices Australia Limited v Attorney General for the State of Victoria [2024] VSC 107 (Housing Choices) was a case heard in the Victorian Supreme Court that focussed on this exact scenario. Facts Housing Choices Australia Ltd (HCAL) is the current
Can I Change the Purpose of my Charitable Trust? Housing Choices v Attorney General Read More »
‘I want to pursue my charity’s mission, but I don’t have the means to do so. Where can I find funding?’ Once registered with the ACNC and the ATO, a charity is poised to pursue its mission and fulfill its purpose. However, many charities find themselves at a standstill due to one crucial
What Can My Charity Do To Get Funding? Read More »
Grain Technology Australia Ltd v Rosewood Research Pty Ltd (No 3) [2023] NSWSC 238 is a case that revolves around the management and purpose of assets held by certain companies, specifically whether these assets were held on trust for charitable purposes. Background The case arose due to disputes concerning the affairs of
Defining Charitable Trusts: Grain Technology Ltd v Rosewood Research Pty Ltd Read More »
A crucial update has emerged in the administration of not-for-profits. To ensure your NFP maintains its income tax-exempt status, read on for essential details. What are the changes? From 1 July 2023, non-charitable NFPs with an active Australian business number (ABN) self-assessing as income tax exempt need to lodge an annual NFP self-review
Changes to Income Tax Reporting Requirements for NFPs Read More »
The Australian Charities and Not-for-profits Commission (ACNC) provides guidance for charities engaging in campaigning and advocacy activities. These activities are crucial for charities to fulfill their missions, raise awareness, and advocate for social change. The ACNC emphasizes several key principles to ensure that charities engage in these activities effectively and responsibly. When it comes
Can Charities Engage in Political Advocacy? Read More »
In a world full of worthy causes and charitable organisations, the desire to make a positive impact is commendable. However, it is important of ensure your hard-earned money goes to the right place. Let’s unravel the legal aspects and practical considerations that can guide your philanthropic journey. Navigating the Charity Landscape When
I Want to Give to a Charity: How Do I Know Where the Money is Going? Read More »
In the landscape of philanthropy within Australia, Ancillary Funds have become a cornerstone for structured giving, providing a conduit through which individuals, families, and corporations can contribute to the nonprofit sector in a meaningful and tax-effective way. Predominantly, there are two types of Ancillary Funds recognized under Australian law: Private Ancillary Funds (PAFs) and Public
What are related party transactions? From the 2023 Annual Information Statement onwards, charities are required to report on their related party transactions. What is this transaction though? What must charities report on? And why was this introduced? Why have related party transactions? A charity’s financial decisions must be made in its own
What are related party transactions? Read More »
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