The Australian Charities and Not-for-profits Commission (ACNC) has released new guidance to help charities that wish to invest money for a financial return.
It outlines important steps charities should consider if looking to invest funds, including processes around decision-making, record-keeping, risk management and developing an investment policy.
In this article by Nick Place from The Community Advocate, ACNC Commissioner Sue Woodward AM explores important matters charities should consider before investing.
This article was originally published in The Community Advocate, the weekly newsletter from The Institute of Community Directors Australia. It is linked here with their permission.