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Governance for Good – Minimal Standards for Charities. Better Boards Melbourne 7 July 2013 Murray Baird Assistant Commissioner General Counsel Australian Charities and Not-for Profits Commission. Slow Train Coming. 2001 Definition of Charities
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Governance for Good – Minimal Standards for Charities Better Boards Melbourne 7 July 2013 Murray Baird Assistant Commissioner General Counsel Australian Charities and Not-for Profits Commission
Slow Train Coming 2001Definition of Charities 2008Disclosure Regimes for Charities and NFP Organisations 2010Productivity Commission : Contribution of the Not-for Profit Sector 2010National Compact 2010Henry Review 2010Senate Economic Legislation Committee inquiry
An Australian Charities Commission a new independent statutory agency, the Australian Charities and Not‑for‑profits Commission (ACNC) Federal Budget May 2011
Charity sector: Who is in? • Welfare and disability; • (Non Government) Schools, Universities etc; • Churches, Religious organisations • Conservation, Arts, Childcare, Community infrastructure
What will ACNC Do? Registration Compliance Education and guidance Information
Deregistration Graduated Sanctions Investigation Assistance Guidance
PRESENTATION TITLE | DATE Governance Standards • A set of principle based minimum governance standards; • Charities must comply to be registered • Ensure a minimum level of accountability • Basic Religious charities are exempt
Why? • Members, Donors, Volunteers, Public • Confidence that the Charity is acting openly, accountably and transparently • For its stated purpose • In an effective and efficient manner Sunlight is said to be one of the best Sunlight is said to be one of the best disinfectants.. Louis Brandeis
Five Governance Standards Purposes and character of an NFP entity Accountability to members Compliance with Australian laws Suitability of responsible entities Duties of responsible entities
Finding out more: www.acnc.gov.au Providing you with access to information is a priority for us Weekly Commissioner Column (sent to 6,193 subscribers) Media alerts and releases and newsflashes Aboriginal Liaison officers podcasts and videos – coming soon Phone: 13 ACNC (13 22 62) 8 am to 8 pm AEDST Email: advice@acnc.gov.au Social media: facebook.com/acnc.gov.au twitter.com/acnc_gov_au youtube.com/ACNCvideos