Philanthropy & becoming an endorsed 'Deductible Gift Recipient'

Jun 21, 2022 | Business, Compliance, Governance, Grant Writing, Grants & Funding

What is ‘Deductible Gift Recipient’ or DGR Status?

Charities endorsed by the ATO as deductible gift recipients (DGRs).

Why become a ‘Deductible Gift Recipient’?

To open up funding/fundraising opportunities PLUS cement your charities purpose & strategy.

Organisations with DGR status are entitled to receive tax deductible monetary donations from individuals & corporate donors.

To gain access to funding from philanthropic funding bodies & trusts that only gift money to charities with DGR status & who also align with their interests / priorities.

Charities with DGR status may be able to auspice / administer funding on behalf of other organisations &/or community groups that do not have DGR endorsement, thereby facilitating greater outcomes for their communities.

How do you get DGR Status?

You must have an ABN that is a registered charity.

Fall into a general DGR category OR operate a fund, authority or institution that falls into one of the categories.

Have acceptable rules for administering a fund designated to receive DGR gifts in your constitution documents including the transfer of surplus gifts and deductible contributions on winding up or revocation of endorsement.

You must have responsible people to administer the fund (Membership of the Institute of Community Directors Australia confers responsible person status).