We have DGR Status
The K Farmer Dutjahn Foundation is pleased to announce that we have Deductible Gift Recipient Status. This means that when you go to our Donation Portal here you will able to claim your donation as tax deductible. Read here for more details:
As with the term “charity”, “deductible gift recipient” is a specific legal status that can only be used to describe organisations specifically endorsed by the Australian Taxation Office (ATO) (or named in tax law as a deductible gift recipient).
Deductible gift recipient (DGR) status carries with it certain legal responsibilities and only certain types of entities qualify.
Entities that are endorsed as a deductible gift recipient can receive income tax deductible donations. This means that a donor to a DGR is able to claim deductions to his or her taxable income in an annual income tax return after making a donation. Organisations with DGR endorsements will offer donors a tax receipt for their donations and will typically publicise that donations over $2 are tax deductible.
In addition to this, becoming endorsed as a Deductible gift recipient will often allow an organisation qualify for new sources of funding, such as from some types of entities that are only permitted to make donations to organisations that are endorsed as a DGR.
Deductible gift recipient endorsement is determined by the ATO (or named in tax law). It is a legal endorsement that operates separately from charitable status. Although the vast majority of organisations with DGR status are charities, charitable status is not technically a prerequisite of gaining DGR status. Some examples of organisations that have DGR status but are not charitable, are government-run institutes such as the Royal Children’s Hospital or the National Gallery of Victoria. In some cases an organisation may not be endorsed as a DGR as a whole, but a sub-fund or institution owned by that organisation may qualify for endorsement. In this case, only donations to this part of the organisation would be tax deductible.