Good Thnx Foundation is a non-profit public ancillary fund, which means that it collect donations (also called 'gifts') from the public into its Gift Fund and distributes those donations to charities and other organisations who have deductible gift recipient status under item 1 of the table in section 30-15 of the Income Tax Assessment Act 1997 (Cth).
Good Thnx Foundation is a Public Ancillary Fund that provides an efficient link between people and corporates that want to give, and charities that can receive tax-deductible donations.
Australian individuals give over $8 billion per year. Online transaction providers typically take 5-10% of a donation as a fee; a donor may not see this, but the charity pays. Other fundraising methods, such as on-street collection, can have large trailing commission structures that can equal up to 40% of the amount donated. Good Thnx Foundation was founded to show that it doesn’t have to be this way.
Your donation will help us to continue improving the efficiency of the Australian charity landscape. All donations to Good Thnx Foundation go directly towards our yearly operating costs, which consist of audit, accounting, insurance and rent. All our personnel are volunteers and our Directors do not take sitting fees.
Good Thnx Foundation is an Australian Public Ancillary Fund, all donations over $2 are tax deductible.
We are open to all DGR type 1 charities and organisations. There is no cost to be listed and 100% of the intended donation passes through. It's that good!
Are you a charity or organisation with deductible gift recipient (DGR) status type 1?
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