Any eligible not-for-profit organisation can apply to be registered with the Australian Charities and Not-for-profit Commission (ACNC)—but it can be a lengthy and complicated process. Only 60,000 of the 600,000 not-for-profits in Australia are officially registered as a charity. One Hope Foundation Limited recently engaged CCASA to assist them with this process and were happy to have their ACNC application approved in October. They can now officially enjoy the benefits of being a registered charity.
One Hope Foundation Limited operates in Zambia as House of Hope Africa, Educare Africa and Clinicare Africa, but the company itself is an Australian company and as such is required to be registered in Australia with the ACNC.
The first step to registering One Hope Foundation Limited as a charity was to confirm that the organisation met the requirements of being a ‘charity’, meaning it was a not-for-profit, exhibited charitable purposes for the public benefit, complied with ACNC governance standards and did not have a disqualifying purpose. Once it was established that the organisation met the requisite criteria of being a ‘charity’, the next (extremely time-consuming) step was to collect and document more complicated information, such as:
Organisations that operate outside of Australia are also open to more scrutiny and will often be requested to provide further information and documentation, such as internal policies relating to transfers of money, volunteers, child protection etc.
In partnership with BlueRock Partners, CCASA was able to drive this application process and get One Hope Foundation Limited registered quickly and easily.
Gaining access to charitable tax concessions and obtaining endorsement as a deductible gift recipient (DGR) was also an important goal for One Hope Foundation Limited. However, it is important to note that not all charities will automatically be entitled to DGR benefits. This can be a difficult and lengthy process. CCASA and BlueRock Partners were able to achieve registered charity status and endorsement in quick time with the assistance of ACNC and the ATO. One Hope Foundation Limited can now enjoy benefits such as income tax exemption, fringe benefits tax (FBT) exemption and rebates, GST concessions and DGR status, which means donors to One Hope Foundation Limited can claim income tax deductions for their donations.
You can find more information about the charity registration process on the ACNC website.
As a registered charity with the ACNC, One Hope Foundation Limited must now make sure to:
CCASA is assisting One Hope Foundation Limited with the required reporting and compliance to ensure a seamless and pain-free experience with their ongoing registration.
With legislation around charity registration changing all the time, it’s important to get the help of a qualified compliance team and specialised lawyers. Contact Craig at CCASA at firstname.lastname@example.org to enquire about registering your not-for-profit organisation with the ACNC through our new service. We also recommend seeking legal advice from BlueRock Partners at email@example.com to determine the best course of action for your not-for-profit organisation.
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