Non-Profit Fact Sheets

What is Strategic Planning?

Strategic planning is a critical process that helps organisations chart their future direction. With business environments continually evolving, organisations must regularly re-evaluate their …

What Is a Shadow Director?

Board directors often ask others for advice on a range of issues related to finance, law, risk, and governance. On occasion, these relationships can cross a line and create the complicated dynamic of …

What is a Disqualified Person?

If your Australian charity or not-for-profit is unsure whether an individual serving on its board or committee (or applying to serve) is a Disqualified Person, the first step is to understand the …

What is a Public Ancillary Fund (PubAF)?

A Public ancillary fund (PubAF) is an entity that receives and distributes money or property to charitable organisations. PubAFs are run by a company that agrees to assume the role of a trustee. They …

What are Related Party Transactions?

Related party transactions are a normal part of the business if your organisation works closely with other entities or individuals and enters into agreements. The Australian government’s regulations …

What Is Auspicing?

Auspicing is a fairly common practice for unregistered or unincorporated non-profits in Australian such as informal groups or new organisations that may not have legal standing on their own. This type …

What is a Proprietary Limited Company (Pty Ltd)?

Jump to Section What is a Proprietary Limited Company? Pty Ltd Characteristics Difference between Ltd and Pty Ltd Benefits of Forming a Pty Ltd in Australia How to Set Up a Pty Ltd Company Pty Ltd …

Illiquidity Vs Insolvency

A non-profit organisation’s financial health is vital to achieving its mission. As stewards of the organisation, board members must understand two key financial concepts - illiquidity and …

Difference between a Company Limited by Shares and Company Limited by Guarantee

What are the key differences between a company limited by shares and a company limited by guarantee? Is one better than the other? Under Australian law, there are two main types of company structures: …

What is a Company Limited by Shares (CLS)?

A company limited by shares (CLS) is one of the most common structures used to conduct business in Australia. As a company founder, the legal structure you choose determines the activities your …