The Impact Suite has run a stress test over small charities in Australia and expect one in two to not have sufficient funds to withstand the downturn. We believe government intervention will be required.
With the Bunning’s sausage sizzle and other fundraising activities off the table, getting a piece of the $748m of annual donations from Australia’s biggest philanthropists has become even more critical – but also a step easier.
The sustainability of charities and NFPs has been a risk discussed consistently over many years. This risk has heightened as the sector is facing a perfect storm. Find out the three key issues at play and the priorities for Australian charities.