As the new financial year begins, the ACNC is urging charities to ensure they are still working towards their stated purposes by reviewing their governing document. Charities are responsible for ensuring they maintain eligibility for registration.
The Australian Charities and Not-for-profits Commission welcomes reforms that will further reduce the red tape burden for charities fundraising in New South Wales. From 1 July, charities registered with the ACNC can access a more simple application process.
In this month's Commissioner's Column, the Hon Dr Gary Johns discusses how engagement makes us a better regulator and details two key annual events that are important in supporting our engagement with the charity sector and with other regulators have been held over the past two days.
In this month's Commissioner's Column, the Hon Dr Gary Johns discusses the launch of the 2021 Annual Information Statement and how it is a busy time for charity leaders across the nation. Their roles demand that they be active in the lives of their charities; they are not mere figureheads.
From the 2023 Annual Information Statement (AIS), all charities except for Basic Religious Charities will be asked to report their related party transactions to the ACNC, due to changes announced in November 2021.
The Australian Charities and Not-for-profits Commission has welcomed the allocation of funding in the 2023-24 Federal Budget to allow the ACNC to disclose information about certain regulatory activities. This amounts to $2.9 million over the next four years, with $600,000 per year after that on an ongoing basis.