Donations to the National Foundation for Australian Women (NFAW) are tax-deductible under the Income Tax Assessment Act 1997, with DGR status under the ITAA and charitable status with the ACNC under the Charities Act 2013. NFAW is the only broadly focused women’s organisation to hold this status in its own right.
Under the Act, NFAW can share this status with other women’s organisations who share NFAW’s vision, subject to certain conditions. This means that tax-deductible donations may be able to be made to NFAW, but directed to preferred donor funds. Funds cannot be for political lobbying but can be used to cover an organisation’s administrative costs, project costs, public education, and research.
NFAW encourages other women’s organisations or projects to access this assistance to tax-effective fund raising. The Board looks favourably on organisations and individuals that don’t have large financial resources at their disposal, with most donor funds established within the $1000 to $40,000 range.