News

Deductible Gift Recipient Status approved

Last week the ATO has approved the Deductible Gift Recipient (DGR) status for the Binna Burra Foundation. This is a major step for the Foundation. Now, the Foundation will set up a gift Fund and as soon as that is done, donations to the Foundation over $2.00 will be tax deductible for the donor. We will keep you informed about the progress.

Charity application approved

The Australian Charities and Not-for-profits Commission (ACNC) has recently approved our application for Charity status. The foundation has been registered as a charity from the starting date of 1 January 2024. Now, we are awaiting the reply from the ATO about our application to be endorsed for Deductible Gift Recipients (DGR) status. Once this is in place, the Binna Burra Foundation will be entitled to receive donations which are deductible from the donor's income tax.

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