2NURFM needs your support
2NURFM's major fundraisers are our Summer and Winter Sign-ups.
How do I make a donation?
You can make a donation via a credit card payment, a cheque, pledge or bequest. There are two ways to make a donation to 2NURFM. You can arrange for a credit card deduction or alternatively you can post a cheque. You can even contact us directly and discuss your wishes.
If you would like to donate to 2NURFM, you can phone the station on (02) 4921 5555 or download a donation form. Simply complete and fax to (02) 4921 7158 or post 2NURFM, University Drive Callaghan, NSW 2308 or scan and email donate@2nurfm.com.
Is my donation tax deductible?
Yes, providing that your donations bring no material or tangible benefits to you under the rules specified by the Australian Taxation Office, your donation may be tax deductible. (Source: www.ato.gov.au) Donors can claim tax deductions for gifts made to eligible gift recipients.
Gifts have the following characteristics:
- There is a transfer of money or property
- They are made voluntarily
- The transfer arises by way of benefaction
- No material benefit or advantage is received by the donor.
My donation is only modest, does that matter?
Every donation, no matter how small or large, makes a difference and is greatly appreciated.
Tax and Privacy
Deductible gift recipient (DGR)
As 2NURFM is a part of the University of Newcastle (ABN 15 736 576 735), it is registered as a deductible gift recipient (DGR) under Subdivision 30-BA of the Income Tax Assessment Act 1997 and is endorsed by the Australian Tax Office as an income tax exempt charity (ITEC).
Tax deductibility
Donations to The University of Newcastle (2NURFM) may be eligible deductions for income tax purposes under Division 30 of the Income Tax Assessment Act 1997.
Donors can claim tax deductions for gifts made to deductible gift recipients (DGRs)
The law specifies the types of gifts that can be donated. To be deductible, a gift must be of money or property that is covered by one of these gift types:
- $2 or more: money
- Property less than 12 months: property purchased during the 12 months before the gift was made
- Property valued at more than $5,000: a valuation by the Australian Taxation Office is required
- Trading stock: trading stock disposed of outside the ordinary course of business
- Cultural bequest: property gifted under the cultural bequest program
- Cultural gifts: property under the Cultural Gift Program
- National Estate gifts: places listed in the Register of the National Estate.
Gifts also have these characteristics:
- They are made voluntarily
- They do not provide a material benefit to the donor
- They essentially arise from benefaction, and proceed from detached and disinterested generosity.
Gifts and GST
(Source: www.ato.gov.au)
A gift to a non-profit organisation is not consideration for a supply (ie donations to the University of Newcastle as defined by the ATO above do not incur GST).
Privacy and your donation
To enable the University to comply with the Privacy and Personal Information Protection Act 1998 donors are asked to advise on the Donation Form whether they:
Wish to remain anonymous and do not consent to their donation being publicly acknowledged
Consent to their donation being publicly acknowledged. All who donate more than $1000 to the University a year are eligible to appear in the University Annual Report.
As we value the privacy of our donors we do not make personal information available to any other organisations.
