Schools that collect voluntary contributions from families can now make the process easier – and offer parents the benefit of a tax deduction – by using Schools Plus.
Through this new initiative, schools can direct their families’ voluntary contributions towards a project that will provide greater opportunities for their students.
By using Schools Plus to collect the contributions, schools can save valuable administration time because we look after the receipting, while families can take advantage of a tax deduction for their donation.
How does it work?
To collect voluntary contributions through Schools Plus, a school should register itself and the project to which the donations will be directed through our online fundraising platform – Fundraise Yourself.
Once registered, schools share the project’s unique weblink with families when sending out the voluntary contribution notice. Families then make the contribution by credit card online, or by cheque or direct deposit.
For contributions to be eligible for a tax deduction, the following considerations must apply:
- The donation cannot be made as an alternative to an increase in school fees or benefit a specific child directly.
- Families must pay the contribution voluntarily (ie families should not be restricted if they don’t choose to make the donation).
- Schools should ensure families understand what their donation will be used for (ie for a specific project through Schools Plus).
We have developed some frequently asked questions to help you with voluntary contributions in your school.
Prepare for your school’s 2017 voluntary contributions drive now. Contact Beth in the Schools Relations team to talk about tailoring something for your school on 02 8880 0296 or firstname.lastname@example.org.