An Overview of the Australian Charities and Not For Profits Commission
The Australian Charities and Not For Profits Commission , also otherwise known as ACNC, is the chief authority to regulate charity organizations and not-for-profits in Australia. Its primary mandate is three-fold: 1. To register charities and not for profit organizations 2. To make sure they are compliant with the Australian legal requirements 3. To maintain a publicly available register of all member organizations One of its major goals is to instil, safeguard and augment the public’s faith in the Australian charity organizations . It aims to do so while also lending its support towards sustaining a strong and active not for profit sector that is free from outside influence and functions in the spirit of innovation. It also seeks to minimize the regulatory red tape in the not for profit sector. The ACNC also looks after providing regulatory oversight for all the fundraising activities carried out by Australian charity organizations. It is ACNC’s responsibility to make