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Tag Archives: government review
Social Impact Investing – Government Review
Not a lot of time for this one. The Federal Government has announced a review into Social Impact Investing – calling for submissions by Monday 27 February 2017. Key areas for response are: the potential role of the Commonwealth Government … Continue reading
Unlocking the Potential of the Arts: A talk at the Asia Pacific Social Impact Centre
I attended the launch of two new reports at the Asia Pacific Social Impact Leadership Centre at the Melbourne Business School mainly to hear Carol Schwartz, who is the new Chair of the new body, Creative Partnerships Australia, formed through … Continue reading
Posted in corporate social responsibility, philanthropy
Tagged Artsupport, Asia Pacific Social Impact Leadership Centre, Australia Business Arts Foundation, Australia Cultural Fund, Carol Schwartz, creative partnerships, Creative Partnerships Australia, funds for artists, gift relationship, government review, Jody Evans, Liz Gillies, Margaret Lawrence Bequest, melbourne business school, public art museum, simon crean
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Mitchell Review into Private Sector Support for the Arts
The Mitchell review of private sector support for the arts was released in October 2011 by Simon Crean, who was the then Minister for the Arts. It was most interesting for me to note a recommendation for a merger of … Continue reading
What I learned about PAFs at the Community Foundations Forum Pt 1
Not so long ago I wrote about the new draft guidelines and legislation for Public Ancillary Funds. The new regime will come into effect on 1 January, but there will be a three year period for Public Ancillary Funds to … Continue reading
Public Ancillary Funds – new draft guidelines
The Federal Assistant Treasurer, Bill Shorten, has released new draft guidelines for Public Ancillary Funds (often known as PAFS and usually given the deductible gift recipient designation of DGR2). The Australian Tax Office describes Public Ancillary Funds as “public funds … Continue reading
Federal Budget 2011
Of interest to all of us in the not for profit and philanthropy sector is the announcement in the federal budget of the establishment of the “Australian Charities and Not-for-profits Commission” (ACNC) to regulate the sector. It is intended that … Continue reading
Posted in Legislation
Tagged Australian Tax Office, Federal Budget 2011, government review, tax deductibility, Treasury
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a new not for profit regulator?
The Treasury Department is calling for submissions in response to a discussion paper on a scoping study for a new regulator for the not for profit sector in Australia. Some of the proposed functions of the regulator could include: • … Continue reading
Executor and trustee companies, or dead people like to donate too
When people think about bequests, often it is in relation to people who leave money for a specific purpose, with a whole infrastructure around how the money is to be administered through setting up their own foundation with particular application … Continue reading
Posted in donate, higher education, philanthropy, prizes
Tagged ANZ Trustees, applications, Australian Tax Office, awards, bequests, Equity Trustees, funds for artists, government review, grants, National Gallery of Victoria, Perpetual Trustees, Philanthropy Australia, scholarships, State Trustees, tax deductibility, TCC, Trust Company, Trustee company
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Accountability and transparency in not for profits
The South Australian state government has announced that charities which receive donations will be required to account more thoroughly as to how those funds are spent. A new Code of Practice which will be open for consultation until mid January … Continue reading
Posted in donate, fundraising, philanthropy
Tagged accountability, code of practice, cost effectiveness, government review, South Australia, transparency
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Govt review of public ancillary funds
The then Assistant Treasurer and Minister for Financial Services and Superannuation, Bill Shorten announced a review into public ancillary funds, calling for submissions by 17 December 2010. Treasury stated that: “The proposed changes introduce a new regulatory framework similar to … Continue reading
Posted in donate, fundraising, philanthropy
Tagged Assistant Treasurer, Bill Shorten, government review, Public Ancillary Funds, Treasury
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