| Tax Deductibility |
Tax Deductibiliity and your GiftsHADA is a Deductible Gift Recipient registered with the Australian Tax Office and we have the privilege of offering donors tax deductible receipts for donations to approved projects . AusAid and the Australian Tax Office stipulate the types of projects that are eligible to receive this status. Welfare assistance, i.e. the running of institutions, orphanages and such like activities are expressly excluded; whereas assistance in an area that will help the whole community is tax deductible. Sponsoring children to school without other projects in the village is not permitted. If a project includes micro-credit, clean water supply and sponsoring of children, tax deductibilility is acceptable. Because all HADA staff are volunteers, and no salaries are paid, we are able to send funds in their entirety to the designated projects, except for bank charges. On some occasions small amounts of funds are hand-carried to the projects when a board member is visiting. All HADA projects are run by people who are personally known to members of the board and applications go through an examination process before recognition as an “approved” HADA project. To help us monitor the development of the projects all Project Managers are required to submit three-monthly reports. We value our Deductible Gift Recipient status and carefully consider all projects to see if they fit the criteria laid down by the Australian Tax Office. Some donors prefer to leave the distribution of their funds to the HADA board so they send their gifts marked “Where Most Needed.” This gives us the liberty to channel funds to particularly needy projects, so we appreciate gifts earmarked in this way. I trust that this explanation of tax deductibility helps you to understand how the system operates. We highly value your confidence in us, and thank you for your donations over the past ten years. Thank you. Neil Young (President ) |