Australian charity receives its funding from various outlets. Some people get involved in work-place giving, some bequest it in their will and some people get involved personally to do volunteer work.
Work-place giving – Many Australian employers have started workplace giving schemes. Employees who are willing to donate for particular causes or preferred organizations can get attached to this scheme. Under this scheme a certain agreed amount of donation is deducted from the salary and donated directly by the employer to the Australian charity.
Australian charity and charity organisations Australia benefits as they get a sizeable amount each month that they can earmark for specific projects and inform the employer of disbursement of funds, progress of projects and so on. As for the employer and employees they can gain tax benefits by submitting the payment summary at the year end to the income tax authorities. However donations made to charity foundations having the DGR or deductible gift recipient status only is acceptable by the government.
Companies that would like to get associated with workplace giving programs can start their search for the right Australian charity organization at the Australian Taxation Office.
Bequest in will – There are people who bequest in their will to donate certain amounts or property for use by Charity Organisations Australia. For this the donor should discuss with the charity organization as to how they would like their donations to be used.
Getting involved – Donations don’t necessarily mean cash or goods or property. Charitable organizations are almost always short of staff and need volunteers to work for them or with them. So if you have any particular skill, expertise or just enough time on your hands you can spend it well by doing good to the society through these charitable organizations. However such charity work may or may not attract tax benefits
While donating is good, it is important to verify if the organization is a legitimate charity. Not all charities are able to advertise for themselves so it is quite possible you will come across many that are unknown or unheard of but that does not mean they are not legitimate or are not doing good work. Verify before donating and your money will be put to good use.
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