2016 Commonwealth Bank Not-for-Profit Treasurers' Awards
Not-for-profit treasurers have to get the basics right. There's no room for flimflam, big talk, or massaging the figures. The money just has to be there - or everybody misses out. We owe treasurers a lot.
Most treasurers are untiring, painstaking, and efficient. They work long hours without asking for thanks or recognition. They keep the group afloat.
Every community organisation understands how much they owe to the person who keeps track of the finances. But they don't often tell them so. Our Community and the Commonwealth Bank and their Not-for-Profit Sector Banking team believe Australia's treasurers deserve some recognition.
The Commonwealth Bank Not-for-Profit Treasurers' Awards are designed to provide that recognition.
The questions for Part B of the Treasurers' Awards have been drawn from the results of Our Community's 2015 Not-for-Profit Finance & Governance Survey. With 845 respondents from every state and territory in Australia, the report provides a unique insight into the challenges and opportunities facing the sector at a crucial stage in its evolution. Read the report here.
Who's eligible: You may enter this section of the awards if you have served as a Treasurer of an Australian not-for-profit organisation at any time over the past 12 months. Note that you must nominate one organisation to receive the $5000 donation, though you may cite your experience with more than one.
Nominations Open: Friday, April 29, 2016
Nominations Close: 12 pm AEST, Friday, July 29, 2016
Winners announced and certificates distributed: During Not-for-Profit Finance Week, commencing Monday, September 19, 2016
The Community Financial Centre has been established by Our Community in conjunction with CommBank Not-for-Profit Sector Banking to provide tools and resources to help improve the financial management of not-for-profit groups, and provide access to better and more cost-effective banking services. Find what you need from the list below:
The Institute of Community Directors Australia's downloadable financial management policies provide the information and support you need to safeguard and grow the finances of your not-for-profit organisation.
Financial Literacy Tools
Our financial literacy help sheets, financial tutorials and checklists provide the advice a treasurer needs to keep the organisation's books balanced.
Not-for-Profit Finance Week
Not-for-Profit Finance Week highlights the importance of good stewardship over the finances of Australia's many community organisations. Events during Not-for-Profit Finance Week are designed to celebrate and provide financial literacy education for the staff, volunteers, board members and treasurers who oversee the finances of Australian not-for-profit organisations.
Our Community has developed a range of resources and tools to help community groups raise more funds. Go to the Community Funding Centre to get information on grants and fundraising in Australia.
The Funding Centre's grants database, help sheets and tools are specifically designed for not-for-profit organisations and schools, no matter your location, size or type.
Through the GiveNow.com.au online giving service, Our Community is helping Australians give more to the community - through donations of money, time and goods. GiveNow Week, which is held in December every year, aims to focus attention on the many ways that individuals, families, businesses and groups can make a difference to the community. Over $60 million has been donated using this free service to date.
There are hundreds of thousands of community groups in Australia who rely on the unsung and unpaid labour of honorary treasurers.
Responsible for the financial wellbeing of their organisation, they often go above and beyond the call of duty to make sure ends meet.
Recognising this, the Not-for-Profit Treasurers' Awards have been established to show appreciation of the immense contribution community treasurers make to their community groups, the community sector, and to Australia.
This national competition, an initiative of Our Community and the Commonwealth Bank, is designed to unearth three unsung community treasurers who fulfil the duties of ensuring good financial management, good financial governance and good financial outcomes.