What is DGR and TCC?
Grant providers require applicants to have either Deductible Gift Recipient (DGR) or Tax Concession Charity (TCC) status.
A DGR is an organisation that is entitled to receive income tax deductible gifts and deductible contributions.
There are two types of DGR endorsement:
- An entity that has DGR endorsement in its own right.
- An entity that is only a DGR in relation to a fund, authority or institution it operates. In this instance, only gifts to the fund , authority or institution are tax deductible.
To become a DGR, your organisation needs to fit the requirements set down in law and be endorsed as a DGR by the Australian Tax Office.
You can find out if your organisation is eligible for DGR endorsement on the Australian Tax Office website.
A TCC is endorsed by the Australian Tax Office to access one or more of the following tax concessions:
- Income tax exemption
- Goods and services tax (GST) charity concessions
- Fringe benefits tax (FBT) rebate
- FBT exemption.
You can find out more information on the Australian Tax Office website.
For further information