Lifting the ability for the ACNC to properly regulate the sector will require all charities and not-for-profits to lift their governance and compliance activities. The Impact Suite’s Social Impact Rating is a great way to check how your charity is performing and identify areas of improvement.
There is no doubt the Australian bushfires followed by the Coronavirus pandemic have drawn a light on the sector. Trust and transparency wereat the forefront of discussions in the news and on social media. As a result, there are high expectations placed on the sector to be accountable and transparent.
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.