Does anybody know the reporting/transparency requirements for Not For Profit fundraising?
Specifically - a Queensland-based sporting club is raising money to send a specific team to an event in 2020. If they hold fundraisers that are promoted specifically for this purpose, do the club and committee members have the right to know how much has been raised? Can the entity use money raised for this team's travel for another purpose (such as another club team's travel, infrastructure, insurances)?
The club is an incorporated entity and is not a charity.
I've looked at the Qld government's Incorporated Associations publication and the Australian Consumer Law guide for fundraising but can't see the answer to this question.
Specifically - a Queensland-based sporting club is raising money to send a specific team to an event in 2020. If they hold fundraisers that are promoted specifically for this purpose, do the club and committee members have the right to know how much has been raised? Can the entity use money raised for this team's travel for another purpose (such as another club team's travel, infrastructure, insurances)?
The club is an incorporated entity and is not a charity.
I've looked at the Qld government's Incorporated Associations publication and the Australian Consumer Law guide for fundraising but can't see the answer to this question.