Useful Information

Goods & Services Tax – GST

  • Funding provided by the Foundation is made as an unconditional gift (as defined in the Goods & Services Act 1985) or donation.
  • No portion of this funding is claimed by the Foundation as a deduction for GST paid.
  • Where an applicant organisation is registered for GST, the funds granted will be exclusive of any GST (as GST is not a real cost to such organisations).

Payment of Grants

  • Payment of all successful applications is made by direct credit to the applicant bank account.
  • Payment will normally take place within 10 working days of the Net Proceeds Meeting.