May 14th, 2014
Philanthropy Australia, Australia’s peak body for philanthropy, has welcomed the Federal Government’s Budget announcement of funding for the re-establishment of the Community Business Partnership. “Philanthropy Australia is passionate about growing giving, and we welcome the Government’s desire to foster a culture of philanthropy in Australia,” said Philanthropy Australia Chief Executive Officer, Louise Walsh.
Philanthropy Australia, Australia’s peak body for philanthropy, has welcomed the Federal Government’s Budget announcement of funding for the re-establishment of the Community Business Partnership.
“Philanthropy Australia is passionate about growing giving, and we welcome the Government’s desire to foster a culture of philanthropy in Australia,” said Philanthropy Australia Chief Executive Officer, Louise Walsh.
“Last night’s Budget allocated $6 Million over four years to deliver on the Government’s election commitment to re-establish the Community Business Partnership.
“This is a demonstration that the Government is serious about ensuring that the Community Business Partnership is well resourced to deliver tangible outcomes that will grow giving and increase its impact in our community.”
The Community Business Partnership will be chaired by the Prime Minister, and bring together business and community leaders to provide leadership and advice for encouraging growth in philanthropy and volunteering and promote partnerships between business and community organisations.
Philanthropy Australia was a member of the previous Community Business Partnership established by the Howard Government, which was responsible for some of the most significant reforms in Australia’s history designed to support philanthropy. This included the introduction of what are now known as Private Ancillary Funds, and pre-tax workplace giving arrangements.
“Philanthropy Australia has commenced work on developing some ‘Easy Wins’ for the Community Business Partnership, which will focus on some simple and inexpensive proposals which could help grow giving,” said Louise Walsh.
“Allowing Private Ancillary Funds to donate to Public Ancillary Funds is an example of an easy win, and something that would overcome an existing barrier to giving and reduce red tape.”
Currently, a donor with a Private Ancillary Fund can’t give to an organisation with a Public Ancillary Fund. These can include community foundations, some arts foundations and workplace giving providers. This can discourage giving and limits the funds that such organisations can direct towards supporting communities across Australia.
“Given the collective experience of our Members, Council and Staff, Philanthropy Australia is in a unique position to make a positive contribution to the Community Business Partnership and we look forward to engaging with Government and other stakeholders to help realise its potential,” said Louise Walsh.
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