Not-for-profit organisations play a crucial role in addressing social issues and supporting communities. These organisations often face unique challenges such as securing funding and maintaining compliance while demonstrating impact. Imagine being able to focus on your mission, knowing that your financial health and compliance are expertly managed. William Buck is dedicated to helping not-for-profits achieve their goals through tailored financial and strategic support. Our expertise ensures your organisation can operate efficiently, maximise funding opportunities and maintain transparency and accountability to stakeholders.
Our services
Funding and grant management
Our team has extensive experience securing funding for not-for-profit clients from a range of sources, including government grants, foundations, ancillary funds and other philanthropic organisations. As part of our funding and grants management services, we can advise your organisation on its best avenue for support, simplify the application process and integrate funding into its business plan for ongoing sustainability.
Board support and governance
The board for a not-for-profit is pivotal in shaping its strategic direction and driving performance. Our team can provide advice to boards on governance, investment policy, compliance and more. We have demonstrated experience in assisting NFP boards in obtaining unique funding, managing executive succession planning and reviewing and monitoring organisational performance.
Impact measurement and reporting
Our team supports your not-for-profit to achieve its mission by collecting, analysing and effectively communicating data about its social and environmental impact. We help you track key qualitative metrics to understand the contribution your NFP is making in the community and identify areas for improvement. We also assist in effectively communicating these findings to the board and the wider organisation.
Tax advice and optimisation
We provide expert tax advice to not-for-profits, ensuring compliance with relevant tax laws and helping maximise financial efficiency. From advising on tax-exempt status and GST concessions to guiding on fringe benefits tax exemptions and donations, our team ensures your organisation meets all tax obligations while optimising available benefits.
Executive remuneration strategies
We assist not-for-profits in developing remuneration strategies that ensure fair compensation while aligning with the organisation’s objectives and budget. By carefully structuring salaries, benefits, and incentives, we help you attract and retain talent without compromising your mission or financial sustainability. Our approach ensures that compensation is both competitive and in line with the not-for-profit sector’s regulatory requirements and best practices.
Risk management
Risk is inherent in all organisations, including not-for-profits and managing it is essential for strong governance and legal compliance. Our expert advisers can assist in identifying, managing and mitigating potential risks and ensuring your NFP complies with relevant legislation and guidelines. Our risk management services also uncover positive risks and help you capitalise on opportunities that present themselves.
More resources for Not-for-profits
Year end tax planning guide
Unlocking Tax and Reporting Insights for year end success
Tax Rates and Thresholds
Relevant superannuation and taxation laws as at 1 July 2024 for the latest Tax Rates and Thresholds.
