Giving to the Academy
The Academy is an independent, non-government organisation whose future relies heavily on funds from private sources. Its ability to attain its objectives has been greatly aided by the generosity of benefactors who have made possible a range of activities. It welcomes the opportunity to involve individuals and corporations in its activities, as donors, sponsors, and advisers.
Tax Deductibility
Donations to the Australian Academy of the Humanities are tax deductible under Section 78(1) (a) (1xxxvi) and the Academy is exempt from paying income tax under Section 23(e) of the Income Tax Assessment Act (1936). |
Purpose
Donations or bequests can be applied to any purpose that is consistent with the Academy's objectives. The Academy's Crawford Medal, Triebel Lecture and Trendall Lecture are all examples of how past bequests continue to support the humanities. The Academy greatly welcomes benefactions which assist it in recognising, encouraging, and supporting excellence in the humanities. While gifts to the Academy for specific purposes are most welcome, Council considers that, in view of changing emphasis on directions in the Humanities, the most useful new benefactions will be those given to the Academy in general terms for the advancement of the Humanities in Australia. |
| Recognition
All benefactions are acknowledged in the Academy's Proceedings unless the donor requests confidentiality. Substantial gifts may be associated in some conspicuous manner with the name of the benefactor.
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Gifts of Property
The Academy welcomes gifts of property. For tax deduction purposes, all valuations must be at 'arm's length'. If desired, donors may choose to retain use of the property during their lifetime. |
Bequests
A simple bequest may be expressed as follows: I bequeath the sum of $ (or part or all of the residue of my estate) to the Australian Academy of the Humanities to be applied for the purposes of the Academy (or as directed). |
Advice
Depending on the kind of donation desired, and its size, donors should consider taking advice from their solicitor, accountant, or financial adviser.
The Academy's elected Officers and its staff will be pleased to answer questions, and Fellows with appropriate expertise can help define a useful purpose for any gift. |
The Australian Academy of the Humanities
