Establishing a Fund

Establishing a Fund

There is no standard application form to establish a fund, but an application in writing outlining the purpose or the fund should be made to the NFAW Secretary. The fund cannot be for political lobbying, but can be to cover matters such as an organisation’s administrative costs, public education and research.
The NFAW requires a minimum establishment donation of $200 to the fund. Current NFAW administrative charges are 7% of donations, to contribute to management costs. Annual audited statements are provided, as well as more frequent updates on balances held.