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Community Sector Banking Gift Fund Account

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Manage financial gifts and donations to your community organisation and earn up to 0.35% p.a. on your account balance.

The Gift Fund Account from Community Sector Banking meets the needs of community organisations with Deductible Gift Recipient status. If you’re looking for a way to easily accept and manage financial gifts and donations to your organisation, this account complies with all ATO regulations to take the stress out of the administrative side of accepting gifts. It also pays tiered interest of up to 0.35% p.a. to ensure that your organisation enjoys better returns.

0.35% p.a.

Maximum variable rate

0.35% p.a.

Base interest rate

$1

Minimum opening balance

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Details

Product NameCommunity Sector Banking Gift Fund Account
Maximum Variable Rate0.35% p.a.
Standard Variable Rate0.35%
Bonus Variable Rate0.00%
Monthly Account Fee$0
Minimum Opening Deposit$1

Key features

Designed for community organisations with Deductible Gift Recipient status

If your organisation holds Deductible Gift Recipient status with the ATO and is entitled to receive tax-deductible gifts and tax-deductible contributions, this account could be for you.

ATO compliant. The Gift Fund Account complies with all ATO regulations and makes it as easy as possible to manage and report the financial gifts and donations your organisation receives.

Tiered interest of up to 0.35% p.a. The Community Sector Banking Gift Fund Account pays a competitive tiered variable rate on your balance.

See more products from Community Sector Banking


How to apply

If the Community Sector Banking Gift Fund Account sounds like it could be the perfect fit for your community organisation, click one of the "Apply now" links on this page. You will be securely redirected to the Community Sector Banking website where you can download an account application form. Once completed, you can submit this form to Community Sector Banking by post.

Eligibility

The Community Sector Banking Gift Fund Account is only available to not-for-profit organisations that hold Deductible Gift Recipient status.

If you're looking for an account to help with the hassle of receiving financial gifts and contributions for your organisation, make sure you consider the benefits offered by this account. However, before you choose this or any other product, make sure you compare a range of accounts so that you can make an informed choice.

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