Not for Profit Sector

Funding for not-for-profits (NFPs) and charities is often a standalone strategic tactic to manage an organisation’s ongoing operating costs.

ANZUP is on a mission – fighting below-the-belt cancer (kidney, bladder, testicular, penile and prostate) with its first in-person pedalthon in two years.

Do you have volunteers working in your not for profit organisation or association? It is estimated that around 3.6 million volunteers give their time and skills to not for profit entities. We want to shine a spotlight on the importance of volunteers.

The next Australian Federal Election is due this year and with it comes the opportunity for charities and not for profit organisations to consider how they engage in the country’s political landscape. Kathy Tung outlines aspects organisations should be mindful of when they are campaigning.

Passionate, innovative, generous, irascible and very funny. Morri Young, co-founder of Accounting For Good, passed away on Sunday 13th February. He worked hard and made a difference in the world in his 69 years here, leaving a truckload of legacies in his wake.

Ancillary funds are an important part of the Australian philanthropic landscape. They provide a secure channel for both private and public giving and are one of the most popular philanthropic structures.

Not for profit fundraising took a huge hit during the initial waves of the virus and many organisations spent much of 2020 trying to survive. But we hope that now at the start of 2022 there are opportunities for NFPs to achieve positive funding results.

In May 2021, Social Ventures Australia and the Centre for Social Impact released their fourth report in their Partners in Recovery series. It is titled ‘Vital support: building resilient charities to support Australia’s wellbeing’.

Does your not for profit offer salary packaging to employees? For many NFP organisations salary packaging is an important tool that enables them to offer added employment benefits without incurring extra costs.

When the global pandemic hit Australia in early 2020, no one could have predicted that by July 2021 we would still be in the depths of lockdown. NFPs play a critical role in encouraging hope in the community as we work towards a post COVID life.

In November 2020 the NSW Government announced the $50 million Social Sector Transformation Fund. The fund formed part of the economic stimulus measures included in the 2020-21 Budget.

If you are an NFP who receives donor funding… how well do you actually know your not for profit donor? Do you have an understanding of who your supporters are? How much do you really know about their motivations?

SVA and CSI have released a report that emphasises the important role that charities play in the Australian economy – and how a sustainable sector is vital for national economic recovery once we are past the current health crisis.

Social Ventures Australia and the Centre for Social Impact have teamed up to model the potential impact of COVID-19 on the financial health of Australian charities, with the report released in June 2020.

Over the last few months, we have experienced one of the most challenging times in our history. Fair Work Australia has made an array of temporary changes to the Fair Work Act in order to support employees, employers and the community during this time.

Paula Chegwidden joined the Accounting For Good Account Manager team in June 2018. With over 20 years’ experience within the not for profit sector she brought with her a wealth of knowledge and a passion to help people.

Accounting For Good celebrates three staff anniversaries this month. Account Managers Glenn Murray and Jane Chen have both been with the company for five years and Kirsten Forrester, our CEO, has reached her ten-year milestone.

Carol Tran, one of Accounting For Good’s Account Managers, joined the team in May 2018. After many years working in commercial finance she wanted a change. She was motivated to find a role in an organisation that had a deeper purpose. Carol talks about her first year with AFG.

In case you missed the headlines, at of the start of the new financial year July 1, 2019, all organisations with employees will have to report under new the Single Touch Payroll (STP) system.

The innovative team at AFG like to stay in touch, and ahead of technology. So when the opportunity to work smarter, faster and more efficiently came up … it just made sense to utilise Xero accounting software.