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.
Common investment terms are defined, with context on the types of investments that charities may consider.
While it is intended to be general in nature, charities should consider obtaining professional financial advice suitable for their specific needs.