Without further ado, we quietly launched a new Australian Community Philanthropy website last week, the product of several months’ work and many learning curves for our team! Please take a look around and send us your feedback and thoughts.
This week brought welcome news of regulatory amendments to the ancillary fund guidelines for funds responding to the COVID-19 crisis. Community Foundations will be interested to learn about credits available for foundations making grants above the minimum distribution requirements this financial year and next. There is also an option to get DGR endorsement for COVID-19 disaster relief funds and thus tax deductibility for donors contributing to those funds. For further details, see our story below and ATO guidance published here.
On behalf of the community philanthropy sector, ACP acknowledges with thanks the persistent, professional and collaborative advocacy work our colleagues at Philanthropy Australia undertake on behalf of the philanthropy community as a whole.
Stay safe and take care, everyone.