SAACID
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SAACID-Australia

SAACID is fully endorsed as a Deductible Gift Recipient (DGR) by the Australian Government

Australian Business Number (ABN):
24 728 815 723

Charity Number - CH1371

Incorporation Number - IA30308

email: saacidaustralia@saacid.org

Postal Address:
PO Box 68
Woody Point, Queensland
Australia 4019

History

On 23 July 2001 SAACID-Australia was incorporated with the Queensland Government's Office of Fair Trading in Brisbane.

On 21 January 2003 SAACID-Australia was recognised as a fully endorsed charity by the Queensland and Australian governments.

On 20 August 2004 SAACID received full Australian Taxation Office (ATO) endorsement as an Income Tax Exempt Charity (ITEC). The income tax exemption was valid from 26 June 2004 (under Subdivision 50-B of the Income Tax Assessment Act 1997). SAACID has the capacity to self-assess its entitlement to fringe benefits rebate (123E of the Fringe benefits Tax Assessment Act 1986); and GST charity tax concessions (176 of A New tax System {Goods and Services Tax} Act 1999).

On 17 October 2004, AusAid endorsed SAACID as 'an approved organisation' in relation to SAACID's application for the Overseas Aid Gift deductibility Scheme (OAGDS). On 28 October 2004 the Minister for Foreign Affairs and Trade endorsed SAACID as 'an approved organisation' for the OAGDS. This endorsement allows SAACID-Australia to provide tax deductibility on donations of cash, goods and services to individuals, groups or companies registered and paying tax within Australia.

Treasury have also endorsed SAACID as a Deductible Gift Recipient (DGR). The Assistant Treasurer gazetted a notice specifying that SAACID-Australia Incorporated is an eligible fund for the purposes of item 9.1.1 of table 9 in s 30-80(1) of the ITAA 1997, with effect from 14 March 2005. Source: Commonwealth Gazette No GN12, 30 March 2005 [p 796].

The Australian Tax Office (ATO) provided the final endorsement for SAACID to become a DGR. This endorsement took effect from 30 March 2005.

SAACID-Australia's focus is to provide financial and technical support to its sister organisation in Somalia.

100% of all donations received through SAACID-Australia go to programming in Somalia that directly benefit women, children and the poor.