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 sure that the charities and not for profits are not misrepresenting, unscrupulous and acting in an immoral or illegal manner.

 

The ACNC was founded in December 2012 under the provisions of the federal Australian Charities and not for profits commission act 2012.

 

Over the last few years, there has been quite a few reports of questionable practices by some sectors of the not for profit industry, and ACNC, by virtue of its foundation and mission has majorly contributed to the transformation of the not for profit sector into one that has found trust among the public. In doing so, the ACNC continues to fulfill its mandate.


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