Non-profit organisations are prohibited from investing and amplifying the good they do, says humanitarian activist and author Dan Pallotta.
If Australian charities were allowed to be run more like other businesses they would likely raise more for the causes they support even if their costs were to rise, says prominent humanitarian activist and author Dan Pallotta.
“The for-profit sector is chartered to get people to consume with the advertising it does, but we have prohibited non-profit organisations from investing and amplifying the good they do,” Pallotta says. The NSW Rural Fire Service Association uses a for-profit telemarketer to help it raise money. Large, well established global charities typically spend more than 80 per cent of the money they raise on the causes they support.
The Albanese government has tasked the Productivity Commission to review charitable giving with a view to doubling philanthropic giving by 2030. The final report will be provided to the government in the first half of 2024.
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