Rotary Foundation Australia is an affiliate of The Rotary Foundation which enables people and organisations in Australia to make contributions that are tax deductible in Australia. A newly developed Public Benevolent Institution (PBI) has been formed to use contributions to fund projects within Australia. Until now all tax deductible Australian donations received by the Foundation had to be directed to projects outside Australia.
Donors who wish to support significant projects within Australia, to relieve the sickness, suffering, misfortune or poverty of people in need, can make their contribution to Rotary Foundation Australia’s Public Benevolent Institution.
While Rotary Foundation Australia is not limited in the beneficiaries we can support, the PBI places particular focus on five groups:
Indigenous Australians
Refugees
Homeless
Victims of domestic violence
Victims of disasters, such as floods, fires and drought
The aim of the PBI is to match substantial projects (value greater than $30,000) in Australia with high-wealth corporations and individuals.
The opportunity this provides is access to large corporations with very well-funded corporate sustainability programs as well as private ancillary funds (since 2002) such as private ‘charities’ who receive tax deductible donations but must donate to a registered charity a minimum 5% of their capital annually which is approaching $1 billion pa. Generally, these organisations want to use their funds within Australia.
So, do you have a project in Australia that:
- relieves the sickness, suffering, misfortune or poverty of people in need?
- within the Foundation's 7 Areas of Focus
- with a project value of $50,000+
If you do, in the first instance, contact Rob Byrne or Mark Anderson, at RISPPO who can work with you to develop the project and help secure funding.