The NORTH Foundation has formed strong partnerships and strategic plans which have allowed us to make a significant impact to the health of our community. Behind the scenes, our policies and robust management ensure that every dollar raised is used effectively to create meaningful impact. Behind the scenes
Charity Status The NORTH Foundation is a charity registered with the Australian Charities and Not-for profits Commission (ACNC) and meets ACNC Governance Standards. We have endorsement by the Australian Taxation Office (ATO) as a Deductible Gift Recipient 1 and an income tax exempt charity. We are a health promotion charity and are members of the Public Fundraising Regulatory Association and the Fundraising Institute of Australia.
Staff Remuneration Remuneration is determined by a combination of not-for-profit salary benchmarking, experience and recommendations approved by the NORTH Foundation Remuneration and Nominations Committee following annual staff development and performance reviews. Our Board of Directors and Development Committee offer their expertise and time to the NORTH Foundation on a voluntary basis.
Policies and Procedures Our Audit and Risk Committee manages our policies
and procedures including: • Business Continuity Policy • Corporate Payment Card Policy
• Financial Delegations Policy • Fraud and Dishonesty Policy • Fundraising and Donation Handling Policy • Governance and Reporting Standards • Investment Policy • Privacy Policy • Risk Management Policy • Working From Home Policy Our policies and procedures are reviewed and approved by our board regularly.
Third Party Partners Our investment portfolio is managed by a third-party service provider, JBWere. Our investment policy provides for long-term stability, and liquidity sufficient for the funding of grant-making and other operating activities. It also sets out guidelines for the portfolio’s risk profile, strategic asset allocation and investment restrictions. Our FY2023 accounts were audited by KPMG and are available on our website.
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