How can a donation to the National Gallery of Australia be made?
A donation to the National Gallery of Australia may take the form of cash, or property, such as shares and securities or a work of art, which meet the Gallery’s acquisition policy. Gifts of cash or property may be made to the National Gallery of Australia (“the Gallery”) or cash, shares and securities, to the National Gallery of Australia Foundation (“the Foundation”). I understand the tax treatment of donations has been made more attractive? Yes they have. Since 1 July 1999, the tax treatment of donations and gifts of property has improved. Specifically, tax deductions for donations of cash and property have been enhanced and the impact of capital gains tax has been diminished. The Gallery welcomes these measures and the increased benefits they deliver for donors of property or works of art. If I make a donation of cash to the Gallery or the Foundation is it tax deductible? Yes it is, provided your donation or ‘gift’ is over $2. The Gallery and the Foundation are registered as a deduc
