NSW Audit Office - Financial Reports - 2004 - Volume 5 - Complaince Review of Aspects of the Charitable

Compliance Review of Aspects of the Charitable Fundraising Act 1991 and Regulation 2003 Some agencies in the Health and Arts portfolios supplement their revenue streams by conducting fundraising appeals. The soliciting or receiving of money, property or other benefits constitutes a sing appeal. An appeal may be in the nature of a telethon, an art union, an auction at a dinner or simply having a donation box at a hospital or museum. CONCLUSION In the agencies we reviewed, the degree of compliance with the Act and Regulation was satisfactory. KEY FINDINGS We do not have access to the major arm of fundraising undertaken for the Western Sydney Area Health Service. Compliance with the Act and Regulation could not be determined. As a result of our review, several agencies made necessary disclosures in their financial report for the first time about their fundraising activities and an expanded audit opinion was issued. RECOMMENDATIONS We recommend that the Department of Health conducts a review of all fundraising within Area Health Services and establish whether any other Services have fundraising entities that are not consolidated into the relevant financial report of the Service. The Department should direct Area Health Services to consolidate all these activities into their financial report. DETAILED FINDINGS Art Gallery of New South Wales Trust The Art Gallery Trust, the Foundation, and VisAsia all conduct fundraising activities. None maintains a ...