April 19th, 2016
A News Corp Australia analysis of new data from the Australian Taxation Office shows that 35.3 per cent of individuals made tax-deductible donations to charities in the 2014 financial year, down from 38 per cent five years earlier.
The raw number of donors also dropped, from 4.65 million to 4.54 million, but total donations climbed from $2.09 billion to $2.62 billion, a 25 per cent rise to an average $577 per donor.
The dwindling donor numbers come as official government aid was cut by a third in the past two years, aid agencies say.
World Vision Australia CEO Tim Costello said “reckless” comments from both sides of politics had caused people to think they were struggling financially, when in reality Australia remained one of the world’s richest nations.
Sign up for a free edition of our weekly newsletter to have sector news, views and resources delivered straight to your inbox.
In conversation with Nicole Richards at the Philanthropy Meets Parliament Summit, Daniel Lee shared his insights on topics including the role of philanthropy as a driver of systems change which addresses root causes of social challenges, the relationship between philanthropy and government and what the new political environment in the United States means for philanthropy.