On 20 April 2023, the College became formally registered as a charity under the Australian Charities and Not-for-profits Commission (ACNC). This date represents the College Extraordinary General Meeting where the Objects of our Constitution were amended by members to take a more holistic view to the role of the College to lead the profession to deliver excellence in paramedicine and person-centred healthcare. The College's Constitution can be viewed here.
A charity must be a not-for-profit and has a purpose that is charitable and for the public benefit. The College's charitable purposes are advancing health and advancing education.
The College now becomes eligible for charitable tax concessions, as well as benefits associated with the public's perception and trust of registered charities. Some tax concessions which will support the College are income tax exemption and GST concessions, as well as fringe benefits tax rebates. There are also government and foundation grants available only to charities that the College can now apply for to support some of our activities.
The College also begins reporting to the ACNC rather than ASIC, with simplified reporting requiring less time and cost to prepare. The College is now able to use the ACNC charity 'tick' logo on our website and communication.