Fundraising and Philanthropy
Philanthropy: Did you know?
- Around 80% of Australia's philanthropic trusts are in Victoria
- Australia's 10 largest reporting foundations granted an estimated $78.52 million in 2007-08.
- Australian philanthropic trusts and foundations are estimated to provide up to $1 billion annually to not-for-profit (NFP) organisations (Source: Philanthropy Australia).
Workplace Giving
A workplace giving scheme is an arrangement between a NFP organisation and a business to enable the employees of the business to donate to the community organisation.The benefits of workplace giving schemes for NFP organisations are many. In turn, there are a wide range of benefits for businesses that sign up to such a scheme.
The Office for the Community Sector (OCS) has developed a step-by-step guide for NFP organisations to establish a workplace giving relationship with businesses. The guide provides advice on how to make the most of pre-tax workplace giving schemes and tips on how to develop a mutually beneficial corporate partnership.
Download the Establishing a Workplace Giving Relationship with Business Guide (PDF 322kb) or (Word 129kb).
Note: To become a recipient of a workplace giving scheme, your organisation must first have deductible gift recipient (DGR) status. To find out more about DGR visit the Australian Taxation Office website.
Community Foundations
A community foundation is an independent public charitable foundation, which enables individuals, families, like minded groups or corporations within a community to establish a charitable fund under its tax deductible umbrella.A community founation seeks to build permanent endowment of locally held funds to support local communities. The funds are dedicated to strengthening local communities, creating opportunities and tackling issues of disadvantage and exclusion.
The OCS has provided funding of $100,000 each to 10 worthy Victorian community foundations since 2008. Foundations who managed to match this amount within 12 months through their own fundraising efforts were each granted a further $200,000. To date, seven community foundations have reached the target, and the final three are still fundraising...
The OCS has completed 10 case studies on different approaches used by community foundations to build a corpus. These have been developed to share ideas and lessons on how to raise funds for community foundations and other NFP organisations.
Download Funds Development for Community Foundations (PDF 301kb) or (Word 73kb).
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