Otis Tax Status
Legal Entity
The Otis Foundation was incorporated as a Public Company Limited by Guarantee on 10 July 2000 under the Corporations Law of Victoria, and registered for GST on 1 July 2000.
Australian Company Number (ACN) is 093 705 296.
Australian Business Number (ABN) is 53 093 705 296.
Deductible Gift Recipient
The Otis Foundation is endorsed as a Deductible Gift Recipient (DGR) under Subdivision 30-BA Subdivision 30-15, Item 1 of the Income Tax Assessment Act 1997 as item 4.1.1, a public benevolent institution. All donations $2 and over are tax deductible.
Endorsement as an income tax exempt charitable entity
The Otis Foundation qualifies for income tax exemption under Section 50-B, Subdivision 50-5 Item 1.1 of the Income Tax Assessment Act 1997 as a charitable institution.
All donations to The Otis Foundation will be issued with a donation receipt to assist for tax purposes.
ACNC Registered Charity
The Otis Foundation is a registered charity with The Australian Charities and Not-for-Profits Commission (ACNC) who is the independent national regulator of charities.