ShareGift Australia encourages all Australian charities to ensure you are meeting the basic governance standards required for a private or public ancillary fund (ShareGift Australia is a public ancillary fund) to donate to your organisation.
To receive funding from ShareGift Australia, your organisation must:
- have Deductible Gift Recipient (DGR) Item 1 status or is a government linked entity with DGR Item 1 status with an aligned purpose under 2013 Charities Act (such as a public hospital, public library, state art gallery or state art institution), and
- be endorsed by the Australian Taxation Office (ATO) as a Tax Concession Charity (TCC) with Income Tax Exemption status.
We also recommend the following best practice to assist with receiving donations from ShareGift Australia:
- List your charity’s Australian Business Number (ABN) on your website, particularly on the donation and donation payment confirmation pages.
- Include your charity’s ABN as part of your ordinary corporate information (eg. company name, address, telephone number).
- Ensure your charity’s company record is complete on the Australian Charities and Not-for-profits Commission’s (ACNC) Register.
- Actively monitor all email addresses listed on your ACNC register and on your website.
- Ensure your donation platform includes the option for a business or organisation to donate – not just an individual. Do not make fields such as birth dates or login profiles mandatory.
- Follow the Australian Taxation Office’s (ATO) recommendations for receipting tax deductible gift, and include your ABN
- Provide automated receipting for online donations where possible.
- Process payments within seven days of receipt.
- Induct your staff with a basic knowledge of your business and charitable status (eg DGR, Tax Concession Charity (TCC), ABN)
- If you use a third party donation platform, make sure it meets your charity’s compliance requirements.