Did you know that you can approach trusts or foundations to support your project through the ACF, just like any other donor? Not sure where to start, or if you’re even eligible? Read on.
There are more than 5,000 trusts and foundations in Australia, so they’re worth considering as a potential source of revenue. To make it easier to navigate this area we’ve compiled a list of resources.
Firstly, it’s important to note that most foundations can give only to organisations with Deductible Gift Recipient (DGR) and Tax Concession Charity (TCC) status.
If you’re an individual, group or an organisation without DGR and TCC, this is where the Australian Cultural Fund can come in handy! The organisation that administers the ACF – Creative Partnerships Australia – has DGR and TCC status, so you can ‘use’ their status to offer tax deductibility to your donors.
- For information about the types of foundations out there, have a read of Creative Partnerships Australia’s article Philanthropy and private giving 101.
- Want to know how to approach philanthropic foundations? Creative Partnerships has you covered there, too.
- Want to access a list of trusts and foundations? Philanthropy Australia has a Directory of Funders which you can purchase for a small fee.
- Global best practice grant-seeking (Fundraising & Philanthropy Australia)
- Read about how ACF artist Jason Sweeney connected with the Vasudhara Foundation in Jason Sweeney on finding the right supporters (Creative Partnerships Australia)
- Once you have found a trust or foundation you think might support you, head to their website and read their latest annual report to gain an insight into their approach to granting and strategy.
Have a read of this handy blog post about what the steps are for receiving trust or foundation grants via the ACF, and get in touch with us if you have any questions!