Statement on NFP fundraising reform
Powerful coalition calls for major reform of not-for-profit fundraising rules
More than 600,000 not-for-profits operate in Australia. Charities alone employ more than one million people and contribute over $120 billion to the economy.
We call on governments to provide charities, not-for-profits and the donors who support them with a nationally-consistent and fit-for-purpose regulatory regime.
Despite its name, the Australian Charities and Not-for-profits Commission (ACNC) has no power when it comes to not-for-profits that are not charities — only 10 per cent of not-for-profits meet the legal definition of charity. As a result, the ACNC does not have the power to regulate many of the not-for-profit organisations involved with fundraising
A small extension of the ACL tailored to fundraising would be easy to explain to donors and fundraisers, provide access to more appropriate enforcement powers and create a solid foundation for a huge reduction in the regulatory burden for NFPs.