Civil Voices
MEDIA, JOBS & RESOURCES FOR THE COMMON GOOD
NEWS  |  Finance, Leadership, Politics

Common Funding Agreement for Vic NFPs


Tuesday, 28th September 2010 at 4:33 pm
Staff Reporter
The Victorian Government has announced plans to develop a common funding agreement with the Not for Profit sector.

Tuesday, 28th September 2010
at 4:33 pm
Staff Reporter


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Common Funding Agreement for Vic NFPs
Tuesday, 28th September 2010 at 4:33 pm

The Victorian Premier John Brumby has announced plans to develop a common funding agreement between Government and the Not for Profit sector.

The announcement came as the Premier opened  the recent Office for the Community Sector's Think Innovation Summit in Melbourne.

Premier Brumby says the agreement is an important step in reducing the regulatory burden on Not for Profit organisations and once it is fully implemented, will be the only funding agreement between Government and NFPs.

Minister for Community Development, Lily D’Ambrosio says the common funding agreement will free up time and resources so that NFPs can focus on the great work that they do.

She says Victoria is leading the way in working with the NFP sector, shown by the fact that many of the Productivity Commission recommendations have been in place in Victoria for a number of years – including the Office for the Community Sector and Social Traders.

Reducing the regulatory burden of accountability and reporting was an important recommendation of the Commission, and D’Ambrosio says the common funding agreement will help to achieve this.

The work to draw up the common funding framework this year will be carried out through the Office for the Community Sector.

OCS Director, Lynne Wannan says under the common funding agreement, organisations that receive money from multiple government departments will sign the one funding agreement.

Wannan says the task will be to prepare a 'fit for purpose' agreement that works for organisations obtaining small and large funding with the aim of reducing the overlap and duplication that currently occurs.

She says the OCS is talking with the Commonwealth about the framework and its possible national implications.  



FEATURED SUPPLIERS


Yes we’re lawyers, but we do a lot more....

Moores

NGO Recruitment is Australia’s not-for-profit sector recru...

NGO Recruitment

Brennan IT helps not-for-profit (NFP) organisations drive gr...

Brennan IT

Fantastic digital management app for organisations deliverin...

Ateesa

More Suppliers

Get more stories like this

FREE SOCIAL
SECTOR NEWS

YOU MAY ALSO LIKE

$110M Package Tackles Anxiety and Depression Among Young Australians

Wendy Williams

Tuesday, 9th January 2018 at 8:46 am

Victoria’s First Social Impact Bond To Address Homelessness

Lina Caneva

Thursday, 21st December 2017 at 8:00 am

State Asthma Foundations Merge to Form National Health Charity

Wendy Williams

Monday, 16th October 2017 at 12:19 pm

POPULAR

Australians Losing Trust in Charities

Wendy Williams

Wednesday, 7th February 2018 at 5:28 pm

Luke Batty Foundation to Close as Rosie Batty Steps Down

Luke Michael

Monday, 19th February 2018 at 5:37 pm

Prisoners with Disability Subject to Harrowing Abuse, Report Finds

Luke Michael

Wednesday, 7th February 2018 at 4:19 pm

NSW RSL Inquiry Prompts Calls for Sweeping Fundraising Reform

Wendy Williams

Wednesday, 14th February 2018 at 4:42 pm

Write a Reply or Comment

Your email address will not be published. Required fields are marked *


Civil Voices
pba inverse logo
Subscribe Twitter Facebook

The social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!