Generally, a not-for-profit is an organisation that does not operate for the profit, personal gain or other benefit of particular people (for example, its members, the people who run it or their friends or relatives).
Reserves play an important role in the financial stability and long-term sustainability of a charity. Managing reserves is an important aspect of the overall financial management of a charity, which is a crucial element of good charity governance.
In this edition, the Hon Dr Gary Johns discusses charities, advocacy and the upcoming federal election, the 2018 Annual Information Statement due date for charities that operate on a calendar year and more.
We recently spoke with registered charity the Gidget Foundation Australia about their programs, their ultimate goal and their most exciting developments.
We recently spoke with FOP Australia about supporting a rare disease, the rewarding nature of charity work and the process of setting up a new charity.
I have had the privilege to lead the ACNC as acting Commissioner from 1 August this year, until the permanent Commissioner is appointed.
I would like to take this opportunity to outline for the new Committee the scope of the ACNC’s work and the scale of the sector it oversees.
Australian charities generate more than $140 billion each year, significant income which can leave them vulnerable to fraud if adequate financial and governance controls are not in place. ACNC Commissioner the Hon Dr Gary Johns explains the risks of charity fraud and counter-measures for charities.
We recently spoke with registered charity Amazing Grace Foundation about their charity, their ultimate goal and how they protect vulnerable children in the Philippines.
The Australian Charities and Not-for-profits Commission (ACNC) tabled its 2019–20 annual report today. ACNC Commissioner the Hon Dr Gary Johns said the annual report highlights the Commission’s achievements in a year of unprecedented challenges for the community and the charity sector.