Revenue from donations and bequests
A donation is when a charity receives voluntary support (in cash or gifts in kind) with no material benefit to the donor. This includes donations from:
• public collections;
• philanthropic trusts and corporations;
• non-government grants that do not include the provision of goods or services;
• members (but not membership fees);
• employees; as well as:
• bequests and memorials;
• tax deductible donations and gifts from the public;
• tax deductible donations from members, supporters and employees;
• non-tax-deductible gifts; and bequests.
Integrity, honesty and unbiased assessment are at the core of Giving Guide’s mission. The charity sector is important to the economy and culture of Australia, We believe independently assessing the accountability, transparency and effectiveness of the sector beyond what is currently available is important to it's future.
Giving Guide anticipates enhancing the level of governance and transparency in the Australian charity sector. An independent charity advisor would benefit the sector by helping charities consider exceeding the existing governance standards of the Australian Charities and Not-for-profits Commission (ACNC) to the benefit of donors.