In Australia, charitable investment fundraisers (CIF) are not-for-profit entities with charitable purposes that take deposits from the public to finance those charitable purposes. CIFs may apply for an exemption from the requirement to hold an Australian Financial Services Licence (AFSL) if the “financial products” they provide is limited to the issue of debentures or the running of managed investment schemes. For example, the solicitation of secured loans that are paid back with interest are considered debentures. Such deposit taking entities have since 2003 also been exempted from certain requirements of the Banking Act 1959.
CIFs must be registered with the Australian Charities and Not-for-profits Commission, and, as charities, may also enjoy tax and other exemptions and benefits, such as deductible gift recipient status and exemption from income tax.[1]
In 2013, ASIC estimated that there were more than 200 CIFs, with the largest funds being those operated by the Australian Catholic Bishops' Conference.
In Australia, charitableinvestmentfundraisers (CIF) are not-for-profit entities with charitable purposes that take deposits from the public to finance...
"Commercial Fundraiser Activity Reports (State of WA)". Archived from the original on 2023-07-03. Retrieved 2012-01-26. "2018 Blackbaud Charitable Giving Report"...
property’. Paid street fundraisers stand in busy areas and approach passers-by to persuade them to donate money to the charitable cause they are promoting...
result in penalties against the business. Some wholesale charitableinvestmentfundraisers are exempt from the AFSL licensing requirements. By an instrument...
Burkle was a key fundraiser and they became close friends. In 2002, Burkle hired Clinton as a senior advisor on two Yucaipa domestic investment funds. Clinton...
conduct charitable activities, solicit charitable contributions, or hire professional fundraisers. In practice, the detailed definition of a "charitable organization"...
Times of India. 2023-06-07. ISSN 0971-8257. Retrieved 2023-07-07. "Chess fundraiser | Nikhil Kamath admits using computer in his win against Viswanathan Anand"...
Cancer. Established in 1938, the BC Cancer Foundation is an independent charitable organization that raises funds to advance research innovation and accelerate...
Parekh is an American venture capitalist, philanthropist, Democratic fundraiser and public servant. He is managing director at Insight Partners, a New...
co-founder, chairman and CEO of Berkshire Hathaway. As a result of his investment success, Buffett is one of the best-known investors in the world. As of...
conservationist and philanthropist. In 1980, he founded his hedge fund, Tudor Investment Corporation, an asset management firm headquartered in Stamford, Connecticut...
Pershing Square Capital Management, a hedge fund management company. His investment approach has made him an activist investor. As of June 2024[update], Ackman's...
four times. His fourth wife is Batia Ofer, an art collector and charity fundraiser. He has five children. They resided in Arsuf, Israel (near Tel Aviv) until...
Kornis an American Businessman and donor to, leader of, and fundraiser for numerous charitable organizations and causes. . Doug Korn earned a bachelor's...
billionaire hedge fund manager. He leads Paulson & Co., a New York–based investment management firm he founded in 1994. He has been called "one of the most...
nearly 28,000 people worldwide. In 2007, Leder and Krouse created the charitable arm of the company called the Sun Capital Partners Foundation. The foundation...
surveillance reform, respectively. During the same election cycle, he hosted a fundraiser for Republican Senator Rob Portman. In early March 2016, Cook disclosed...
American asset manager and philanthropist who is the founder and chief investment officer of the Paloma Funds. Sussman has served on the boards of a number...
Madoff Investment Securities LLC without his knowledge. Zuckerman invested US$25 million with Merkin's Ascot Fund in 2006 through his Charitable Remainder...
a fundraiser for the Obama campaign. The timing of the events led Washington Post columnist Jennifer Rubin to question if the deal and fundraiser were...
politicians, and in late 2014 hosted Republican senator Rand Paul at a fundraiser at his home. Ellison was one of the top donors to Conservative Solutions...
Trees, a fundraiser for the Arbor Day Foundation that has raised over $23 million for its campaigns. He also co-founded Team Seas, a fundraiser for Ocean...
is a British businessman and philanthropist. He is the founder, chief investment officer and chairman of Coller Capital. He is chairman of the Jeremy Coller...
updates. StockX has collaborated with numerous celebrities and companies on charitable initiatives. In 2017, Eminem collaborated with the company to raffle off...
businessman and philanthropist. The founder and chairman of the private investment group Pacific Century Group (PCG), Li started his career in the 1990s...