Source Business Directory
MEDIA, JOBS & RESOURCES for the COMMON GOOD
NEWS  |  Leadership

AGM Charity Resources


Thursday, 16th October 2014 at 9:33 am
Xavier Smerdon, Journalist
With most charities holding their Annual General Meetings over the next few months, a new resources page has been created by the charity regulator to help Not for Profits understand their obligations.

Thursday, 16th October 2014
at 9:33 am
Xavier Smerdon, Journalist


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
AGM Charity Resources
Thursday, 16th October 2014 at 9:33 am

With most charities holding their Annual General Meetings over the next few months, a new resources page has been created by the charity regulator to help Not for Profits understand their obligations.

The national charity regulator, the ACNC, has developed a dedicated resources page to help charities during this period.

The regulator says an AGM aims to give members a report on the charity’s activities and finances for the previous year, to allow time for them to ask questions, and to elect board or committee members.

If charities make certain changes at their AGM (such as to legal name, responsible persons or governing documents), they must notify the ACNC.

ACNC Assistant Commissioner Murray Baird said charities should also take the opportunity during AGM season to remind themselves of the ACNC governance standards and consider how they can demonstrate that they are meeting these standards.

Although the ACNC does not require charities to hold an AGM, charities should check their rules and any legislation that applies to them to find out whether they are required to do so.

The ACNC says it will be developing further resources such as template minutes, agendas and notices for AGMs over the next months to support charities to hold their AGMs.

“Annual General Meetings are one of the most important times in the annual calendar of a charity. They provide an opportunity for members to gather and participate together in governance,” Baird said.

“Holding an AGM is one of the key ways a charity can demonstrate accountability to its members, celebrate achievements and focus on the year ahead.

“The ACNC encourages charities to use their AGM to review activities and finances from the previous year. Having this information at hand will help to prepare for their reporting obligations to the ACNC.”


Xavier Smerdon  |  Journalist  |  @XavierSmerdon

Xavier Smerdon is a journalist specialising in the Not for Profit sector. He writes breaking and investigative news articles.


Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers?

Get in touch at news@probonoaustralia.com.au

Get more stories like this

FREE SOCIAL
SECTOR NEWS

Write a Reply or Comment

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



YOU MAY ALSO LIKE

David Locke to Lead Australian Financial Complaints Authority

Wendy Williams

Friday, 15th June 2018 at 12:42 pm

Victoria Takes ‘Exciting Step’ to Reduce Red Tape for Charities

Wendy Williams

Friday, 8th June 2018 at 4:17 pm

Promoting Sport as a Philanthropic Cause in Australia

Luke Michael

Wednesday, 6th June 2018 at 4:15 pm

The Future of Fundraising

Estelle Stathoulis

Friday, 1st June 2018 at 5:22 pm

POPULAR

Iconic Mental Health Organisations Merge To Reduce Stigma

Wendy Williams

Monday, 4th June 2018 at 5:11 pm

Australians Are Giving Less

Wendy Williams

Thursday, 14th June 2018 at 8:00 am

An Update on the Australian Recycling Crisis

Estelle Stathoulis

Tuesday, 5th June 2018 at 8:24 am

The Need for Leadership to Address White Supremacy in the NGO Sector

Luke Michael

Thursday, 14th June 2018 at 8:53 am

Source Business Directory
pba inverse logo
Subscribe Twitter Facebook

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

You have Successfully Subscribed!