Lucretia
Patron with Honors
Here is something I heard on the news today
"Tougher rules planned on charities
Posted 9 hours 36 minutes ago
Tougher rules are being proposed for charities and telemarketing companies in South Australia.
A draft code of practice outlines a requirement for charities to hand over detailed financial records, including
details of the percentage of collected funds which are used for charitable purposes.
Other proposed changes would include allowing a suspension of collections if an investigation is taking place
and giving the public a cooling-off period after signing up for regular donations.
SA Gambling Minister Tom Koutsantonis says the changes would ensure donated money was properly used.
"Make sure that the South Australians who do give money to charity that their money's protected and it's going
to the cause that's intended, not being burnt up in administration fees and exuberant (sic) salaries," he said. Tougher rules planned on charities - ABC News (Australian ...
http://www.abc.net.au/news/stories/2010/02/01/2806338.htm"
These are proposed changes only, however, $cn is a registered religion in South Australia. Despite my trawling around the government sites I cannot find out whether a recognised religion automatically qualifies as a charitable organization. I do know that all money taken in by $cn is considered to be donations, and I think there are some tax freebies for $cn , if not for the donor.
Well, if the proposed changes do apply to $cn, won't the cat be amongst the pigeons then???
"Tougher rules planned on charities
Posted 9 hours 36 minutes ago
Tougher rules are being proposed for charities and telemarketing companies in South Australia.
A draft code of practice outlines a requirement for charities to hand over detailed financial records, including
details of the percentage of collected funds which are used for charitable purposes.
Other proposed changes would include allowing a suspension of collections if an investigation is taking place
and giving the public a cooling-off period after signing up for regular donations.
SA Gambling Minister Tom Koutsantonis says the changes would ensure donated money was properly used.
"Make sure that the South Australians who do give money to charity that their money's protected and it's going
to the cause that's intended, not being burnt up in administration fees and exuberant (sic) salaries," he said. Tougher rules planned on charities - ABC News (Australian ...
http://www.abc.net.au/news/stories/2010/02/01/2806338.htm"
These are proposed changes only, however, $cn is a registered religion in South Australia. Despite my trawling around the government sites I cannot find out whether a recognised religion automatically qualifies as a charitable organization. I do know that all money taken in by $cn is considered to be donations, and I think there are some tax freebies for $cn , if not for the donor.
Well, if the proposed changes do apply to $cn, won't the cat be amongst the pigeons then???
Last edited: