Public trust and confidence underpins community support for the not-for-profit sector. As the national charity regulator, the Australian Charities and Not-forprofits Commission (ACNC) works to support charities to be transparent, and to meet their legal and reporting obligations. The ACNC regulates the sector for the benefit of the public and where there is serious misconduct and mismanagement, we take appropriate regulatory action.
The vast majority of registered charities are well run, operate capably and professionally and improve the lives of countless people. That said, the ACNC recognises that it only takes bad behaviour from a small number of individuals in charities to severely damage the public’s trust and confidence in the charity sector as a whole.
The ACNC believes that there should be zero tolerance of fraud and corruption in the sector and that charities must have proper measures in place to protect children and vulnerable adults. Charities have a unique role in society and receive generous public support, tax concessions and, in a number of cases, public funding. The public rightly expect that charitable funds should be properly applied, charities should be open and transparent and they should be established and run for the benefit of the community. The ACNC’s role is to see that this is indeed the case.